Binary Options Daily June 29th 2012

Today, Friday, June 29th produces 5 trading events. These events provide excellent trading opportunities for binary options traders. The European M3 Money Supply, is our market event of the day.

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

  1. Swiss KOF Economic Barometer: Friday, 08:00. Exp. 0.88. 0.94 or more, PUT USD/CHF. 0.76 or less, CALL USD/CHF.
  2. European M3 Money Supply: Friday, 09:00. Exp. 2.4%. 2.7% or higher, CALL EUR/USD. 2.2% or lower, PUT EUR/USD.
  3. European CPI Flash Estimate: Friday, 10:00. Exp. 2.4%. 2.6% or higher, CALL EUR/USD. 2.3% or lower, PUT EUR/USD.
  4. Canadian GDP: Friday, 13:30. Exp. 0.2%. 0.3% or higher, PUT USD/CAD. 0.0% or lower, CALL USD/CAD.
  5. U.S. Chicago PMI: Friday, 14:45. Exp. 53.1. 53.7 or more, CALL USD/JPY.51.9 or less, PUT USD/JPY.

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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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