Binary Options Daily July 2nd 2012

Today, Monday, July 2nd produces 5 trading events. These events provide excellent trading opportunities for binary options traders. The U.S. ISM Manufacturing PMI, is our market event of the day.

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Let’s review the events. All times are GMT.

  1. Swiss Retail Sales: Published on Monday at 08:15 GMT. The market expects a score of 0.9%. If the outcome is 1.1% or higher, PUT USD/CHF. If the result is -0.2% or lower, CALL option on USD/CHF.
  2. U.K. Manufacturing PMI: Monday, 09:30. Exp. 46.7. 47.2 or more, CALL GBP/USD. 45.4 or less, PUT GBP/USD.
  3. Euro Zone Unemployment Rate: Monday, 10:00. Exp. 11.1%. 11.3% or higher, PUT EUR/USD. 10.8% or lower, CALL EUR/USD.
  4. U.S. ISM Manufacturing PMI: Monday, 15:00. Exp. 52.1. 54.2 or more, CALL USD/JPY. 51.8 or less, PUT USD/JPY.
  5. Australian Building Approvals: Tuesday, 02:30. Exp. 5.1%. 5.4% or higher, CALL AUD/USD. -9.0% or lower, PUT AUD/USD.

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These expected market reactions and setups are general market commentary. This is by no means any type of investment advice.

Quick explanations:

CALL options – if the price closes at a higher level than the price you purchased at expiry time, you make 85%. If it closes below, you’re left with 10%.
PUT options – if the price closes under the price you purchased at expiry time, you make 85%. If it closes above, you’re left with 10%.

The data for these news events has been analyzed given previous releases and reactions, current market conditions and more. Significant surprises to market consensus, as given by surveys of economists, normally trigger sharp market reactions that proceed for a long period of time. When some events collide with each other, they can offset each other. So, these events aren’t in the list.

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