Blog

The Place for Education!

Site Administrator | July 21, 2011

Responsive image

We had a great speaker this week at the TradingPub in Steven Place from www.investingwithoptions.com.  Steven's topic was "Euro Voodoo" and he discussed several different strategies involving trades in FXE and EVZ options.  The topic was timely as news is coming out of Europe faster than you can say "Greece".

One of the key things he discussed that many of our Patrons enjoyed was how to trade around spikes, which we are seeing more and more in the markets right now.  Steven pointed out that the first spike in demand is typically the smart money and a way for traders to see that big money is behind a move.   He phrased this as "Buy the Blood" which means buy when there is fear.  This is typically not a move that a trader would want to trade against as there is big money behind it.  He then pointed out that the second spike is typically seen as a top and can be a good opportunity to cover longs or short using a number of options strategies.  In addition to this, he showed several different charts where strategies such as bear call spreads and iron condors would be smart plays.  This post cannot do justice to the information Steven gave to our patrons so we encourage you to check him out at Investing With Options.  We greatly appreciate Steven taking the time to share with us and look forward to having him back on the TradingPub very soon!

Our next event is Thursday, July 21 at 8:00 pm et and will cover the topic "What is Killing Your Trading Strategy?"  You can register here:  REGISTER FOR FREE

Be sure to keep up with the TradingPub on Facebook and Twitter!

Cheers to Success,

The TradingPub

"Trade, Talk, Learn - Cheers to Success!"

 

 We had a great speaker this week at the TradingPub in Steven Place from www.investingwithoptions.com.  Steven's topic was "Euro Voodoo" and he discussed several different strategies involving trades in FXE and EVZ options.  The topic was timely as news is coming out of Europe faster than you can say "Greece".

One of the key things he discussed that many of our Patrons enjoyed was how to trade around spikes, which we are seeing more and more in the markets right now.  Steven pointed out that the first spike in demand is typically the smart money and a way for traders to see that big money is behind a move.   He phrased this as "Buy the Blood" which means buy when there is fear.  This is typically not a move that a trader would want to trade against as there is big money behind it.  He then pointed out that the second spike is typically seen as a top and can be a good opportunity to cover longs or short using a number of options strategies.  In addition to this, he showed several different charts where strategies such as bear call spreads and iron condors would be smart plays.  This post cannot do justice to the information Steven gave to our patrons so we encourage you to check him out at Investing With Options.  We greatly appreciate Steven taking the time to share with us and look forward to having him back on the TradingPub very soon!

Our next event is Thursday, July 21 at 8:00 pm et and will cover the topic "What is Killing Your Trading Strategy?"  You can register here:  REGISTER FOR FREE

Be sure to keep up with the TradingPub on Facebook and Twitter!

Cheers to Success,

The TradingPub

"Trade, Talk, Learn - Cheers to Success!"