Use a risk reversal to gauge the sentiment of a currency and what you can trade in order to take advantage of your assumptions! Watch more futures videos from tastytrade: http://ow.ly/DYmLS The foreign exchange (FX) is the world's largest market, trading over $1 Trillion dollars (notionally) per day. Since this is such a large marketplace, a lot of the products are very liquid and provide great opportunities to place trades. Today, Tom Sosnoff and Tony Battista are joined by Pete Mulmat from the CME as they discuss the FX market and some possible plays. Pete describes a trade known as a risk reversal. By looking at the skew that is present in the options, you are able to get a sentiment of the underlying. The guys then look at a couple of different trades that you can place depending on your assumption of the currency! ======== tastytrade.com ======== Finally a financial network for traders, built by traders. Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments! Plus, access our visual trading platform, dough, to learn the basics of options trading and manage your portfolio! With hours of tutorial videos and unique tools on a simple, easy-to-use trading interface, dough.com is here to make learning how to trade options fun! Subscribe to our YouTube channel: http://goo.gl/s2bAxF Watch tastytrade LIVE daily Monday-Friday 7am-3:15pmCT: https://goo.gl/OTv3Ez Follow tastytrade: Twitter: https://twitter.com/tastytrade Facebook: https://www.facebook.com/tastytrade LinkedIn: http://www.linkedin.com/company/tastytrade Instagram: http://instagram.com/tastytrade Pinterest: http://www.pinterest.com/tastytrade/