Binary Options Daily Setup – October 18th 2011


As the enter deeper into the week, we have more events on the calendar. These events provide excellent trading opportunities for binary options trading. The TIC Long-Term Purchases in the US is set to rock the markets more than any other event .

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

  1. German ZEW Economic Sentiment: Published on Tuesday at 9:00 GMT. The market expects a score of -44.8 points. If theoutcome is –39.9 or more, CALL option on EUR/USD. If the result is –50 or worse, PUT option on EUR/USD.
  2. US TIC Long-Term Purchases: Tuesday, 13:00. The market expects +27.8 billion. +50 or more, CALL USD/JPY. +10 or less, PUT USD/JPY.
  3. Japanese All Industries Activity: Wednesday, 4:30. Exp. -0.2%. If the outcome is -1% or worse, CALL USD/JPY. +0.5% or more, PUT 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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