Binary Options Daily Setup – July 20th 2011

Events from the U.S., Canada, Switzerland, U.K. and Japan, 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. Canadian Wholesale Sales: Published onWednesday at 12:30. The market expects a figure of 0.2%. If the outcome is 0.5% or more, PUT option on USD/CAD. If the outcome is a -0.6% or less, CALL option on USD/CAD.
  2. U.S. Existing Home Sales: Wednesday, 14:00. Exp. 4.93M. 5.11M or more, CALL USD/JPY. 4.75M or less, PUT USD/JPY.
  3. U.K. Nationwide Consumer Confidence: Wednesday, 23:01. Exp. 51.  57 or more, CALL GBP/USD. 46 or less, PUT GBP/USD.
  4. Japan Trade Balance: Wednesday, 23:50. Exp. -0.25T. 0.15T or more, PUT USD/JPY. -0.59T or less, CALL USD/JPY.
  5. Swiss Trade Balance: Thursday, 06:00. Exp. 2.47B. 3.37B or more, PUT USD/CHF. 1.52B 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.

If you’re interested in binary options, please go to TradeSmarter. They’re a leading binary options provider. This is how a trade looks on their screens:

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%.

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.

Full Disclosure: BOCrunch is affiliated with TradeSmarter.

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