FOREX TRADERS

[ultimatepick]

Thanks Cap! I guess all we can go on is the word on the street and what news sources (FXCM squawk box) tell us. I wonder where they get their information though. Here is an example :

[04:15 GMT Apr 5] Option expirations today include vanilla [USD/JPY] 118.00, 119.00, [EUR/USD] 1.3100 and [GBP/USD] 1.9550 strikes. (hi)

or a better one :

[04:13 GMT Apr 5] [EUR/USD] option barriers still tipped at 1.3450 following expirations of 1.3250-1.3450 double no-touches at the New York cut yesterday. 1.3500 barriers also alive following expiration of 1.15-1.35 DNTs yesterday. (hi)

I know they offer forex options ... are they talking about their options? I doubt it. They must be talking about big money options but
how
who
when
where
why?