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Forum Guru
 
Group: Administrators
Last Login: 8/25/2010 9:38:53 AM
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TRADING CENTRAL's FX OPTIONS TREND OPINIONS
10:34 GMT - 06:34 NYT - Monday, August 23, 2010
Swedish Krona Trading OUTLOOK
SKA (USD/SEK): new USD weakness expected
Pivot: 75
Our forecast: Down move towards 70 or even 68.
Comment: The pair is pulling back on its new resistance (and inside trend line) before a new weakness.
To leverage our Trend Opinion on Swedish Krona, we can use different options :
1. Buy SKA Sep 10 75 PUT
1. Buy SKA Sep 10 76 PUT
1. Buy SKA Oct 10 74 PUT
Click here to view supporting charts and data for our trade alert:
http://www.fxoptions.com/Site/NewTrendOpinions.aspx
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