Currency Options Trend Following Trade Alert
The video below is a discussion of a new trade that was opened on FXE yesterday. The trade is based on the Theta Trend system and is a standard trend following options trade. I use a 5 point wide put credit spread and am effectively long the Euro. In the video I discuss trade selection, entry tips, and risk management (including my stop level). The details of the trade in the risk management spreadsheet are below. Enjoy.