Binary Options Daily Setup – August 24th 2011


Another day packed with events is in front of us. No less than 8 events from the U.S., U.K., Switzerland, and the Euro-Zone  are the highlights of today’s binary options setups. Here are the events that can provide excellent trading opportunities.

 

For Gold binary Options, see our Weekly Gold Binary setup.

 

 

 

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

  1. German Ifo Business Climate: Published on Wednesday at 08:00. The market expects a figure of 111.2K. If the outcome is 114.2 or more, CALL option on EUR/USD. If the outcome is a 109.3 or less, PUT option on EUR/USD.
  2. European Industrial New Orders: Wednesday, 09:00. Exp.0.6%. 2.1% or higher, CALL EUR/USD. 0.1% or lower, PUT EUR/USD.
  3. U.S. Core Durable Goods Orders: Wednesday, 12:30. Exp.-0.3%. 0.6% or higher, CALL USD/JPY. -1.2% or lower, PUT USD/JPY.
  4. Belgium NBB Business Climate: Wednesday, 13:00. Exp.-3.4. -0.5 or more, CALL EUR/USD. -3.9 or less, PUT EUR/USD.
  5. New Zealand Core Retail Sales: Wednesday, 22:45. Exp. 0.7%. 0.9% or higher, CALL NZD/USD. 0.0% or less, PUT NZD/USD.
  6. U.K. Nationwide Consumer Confidence: Wednesday, 23:01. Exp. 46. 55 or more, CALL GBP/USD. 38 or less, PUT GBP/USD.
  7. GfK German Consumer Climate: Thursday, 06:00. Exp. 5.2. 5.9 or more, CALL EUR/USD. 4.9 or less, PUT EUR/USD.
  8. Swiss Employment Level: Thursday, 07:15. Exp. 4.11M. 4.13M or more, PUT USD/CHF. 3.96 or less, CALL USD/CHF.

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%.

For Gold Binary Options, read our weekly gold binary options setup.

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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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