Binary Options Daily Setup – August 23rd 2011


No less than 7 events from the U.S., U.K., Canada, Australia and the Euro-Zone are the highlights of today’s binary options setups. Here are the events that can provide excellent trading opportunities.

 

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

  1. U.K. BBA Mortgage Approvals: Published on Tuesday at 08:30. The market expects a figure of 32.3K. If the outcome is 33.7K or more, CALL option on GBP/USD. If the outcome is a 31.7K or less, PUT option on GBP/USD.
  2. German ZEW Economic Sentiment: Tuesday, 09:00. Exp. -24.8. -10.3 or more, CALL EUR/USD. -27.8 or less, PUT EUR/USD.
  3. U.K. CBI Industrial Order Expectations: Tuesday, 10:00. Exp. -13. -8 or more, CALL GBP/USD. -16 or less, PUT GBP/USD.
  4. Canadian Core Retail Sales: Tuesday, 12:30. Exp.0.3%. 0.6% or higher, PUT USD/CAD. -0.1% or lower, CALL USD/CAD.
  5. U.S. New Home Sales: Tuesday, 14:00. Exp.313K. 317K or more, CALL USD/JPY. 309K or less, PUT USD/JPY.
  6. New Zealand Trade Balance: Tuesday, 23:45. Exp. -99M. -25M or more, CALL NZD/USD. -130M or less, PUT NZD/USD.
  7. Australian Construction Work Done: Wednesday, 01:30. Exp. 1.1%.1.5% or higher, CALL AUD/USD. -2.1% or lower, PUT AUD/USD.

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

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Quick explanations:

  • CALL options – if the price closes at a higher level than the price you purchased at expiry time, you make 75%. 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 75%. If it closes above, you’re left with 10%.

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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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