Binary Options Daily Setup – June 16th 2011

Events from Britain, Japan and Switzerland are the highlights of today’s binary options setups. Here are the news events that can provide excellent trading opportunities.

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

  1. Retail Sales m/m,  8:30AM 16th June. Market expects -0.5%. If rate is -0.2% or higher than CALL option on GBP/USD. If the rate is -1.1% or lower than PUT option on GBP/USD.
  2. Foreign Securities Purchases, published 12:30PM 16th June. Exp. 5.45B. 7.0B or more PUT USD/CAD. 4.5B or less CALL CAD/USD.
  3. Unemployment Claims, 12:30PM 16th June. Exp. 421K. 435K or More PUT JPY/USD. 417K or less CALL JPY/USD.
  4. Philly Fed Manufacturing Index, 14:00PM 16th June. Exp. 7.1. 3.0 or lower PUT JPY/USD. 8.0 or higher CALL JPY/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%.

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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