Binary Options Daily Setup – October 12th 2011

Today’s trading opportunities include events from Canada, Japan, U.K. and the Euro-Zone. that are the highlights of today’s binary options setups. 4 events are awaiting traders today that can provide excellent trading opportunities. Pay attention to the U.K. Claimant Count Change at 08:30 GMT, brings trading opportunity on the GBP/USD., is a respected  provider recommended by BOCrunch.

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

  1. U.K. Claimant Count Change: Published on Wednesday at 08:30 GMT. The market expects a score of 24ץ4K. If the outcome is 27.4K or more, CALL GBP/USD. If the result is 21.7K or less, PUT option on GBP/USD.
  2. European Industrial Production: Wednesday, 09:00. Exp. -0.8%. 1.1%, or higher, CALL EUR/USD. 0.6% or lower, PUT EUR/USD.
  3. Canadian NHPI: Wednesday, 12:30. Exp. 0.1%. 0.3%, or higher, PUT USD/CAD. -0.2% or lower, CALL USD/CAD.
  4. Japanese Tertiary Industry Activity: Wednesday, 23:50. Exp. -0.3%. 0.1% or higher, PUT USD/JPY. -0.5% or lower, CALL 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%.

For more Forex Binary trading, see our weekly GBP/JPY weekly technical analysis.

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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