Binary Options Daily Setup – September 29th 2011

Today’s trading opportunities include events from the U.K., Euro-Zone and the U.S. that are the highlights of today’s binary options setups. Nine diffefrent events(!) are awaiting traders today that can provide excellent trading opportunities. Pay attention to the U.S. Unemployment Claims at 12:30 GMT, brings trading opportunity on the USD/JPY.

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

  1. U.K. Nationwide HPI m/m: Published on Thursday at 06:00 GMT. The market expects a score of 0.1%. If the outcome is -0.6% or higher, CALL GBP/USD. If the result is 0.3% or lower, PUT option on GBP/USD.
  2. German Unemployment Change: Thursday, 07:55. Exp. -9K. -3K or more, PUT EUR/USD. -11K or less, CALL EUR/USD.
  3. U.K. Net Lending to Individuals: Thursday, 08:30. Exp. 0.7B. 0.9B or more, CALL GBP/USD. 0.4B or less, PUT GBP/USD.
  4. U.S. Unemployment Claims: Thursday, 12:30. Exp. 420K. 424K or more, PUT USD/JPY. 415K or less, CALL USD/JPY.
  5. U.S. Pending Home Sales: Thursday, 14:00. Exp. -1.6%. -1.0% or higher, CALL USD/JPY. -2.1% or ower, PUT USD/JPY.
  6. U.K. GfK Consumer Confidence: Thursday, 23:01. Exp. -33. -21 or more, CALL GBP/USD. -35 or less, PUT GBP/USD.
  7. Japanese Prelim Industrial Production: Thursday, 23:50. Exp. 1.5%. 2.1%, or higher, PUT USD/JPY. 0.6% or lower, CALL USD/JPY.
  8. Australian Private Sector Credit: Friday at 01:30. Exp. 0.2%. 0.5% or higher, CALL AUD/USD. -0.1% or lower, PUT AUD/USD.
  9. German Retail Sales: Friday,06:00. Exp. -0.4%. 0.2% or higher, CALL EUR/USD. -0.8% or lower, PUT EUR/USD.

These expected market reactions and setups are general market commentary. This is by no means any type of investment advice.

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

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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 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%.

Read more on forex binaries at our weekly binary options setup.

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

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For Oil Binary Options, read our weekly oil binary options setup.

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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