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Wednesday, April 2, 2014

04/03/2014 ECB Meeting play - EUR/USD Double Calendar

April 6E options volatility jumps before ECB event.
















My idea based on my earning trading experience.
It's double calendar spread.


















The setup
Position - 1.36 put's plus 1.38 call's calendar.
Break even points - 1.3619, 1.3887.
You can reduce you risk using 1.355 - 1.385 calendar spreads.

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