Binary Options Daily Setup – September 8th 2011

Today’s trading opportunities include events from the U.K., the Euro-Zone, Japan and the U.S. that are the highlights of today’s binary options setups. Here are the events that can provide excellent trading opportunities. Pay attention to the U.S. Unemployment Claims at 12:30AM, with trading opportunity on the USD/JPY.

For Gold binary Options, see our Weekly Gold Binary setup.

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

  1. U.K. Official Bank Rate: Published on Thursday at 11:00 GMT. The market expects a score of 0.50%. If the outcome is 0.65% or higher, CALL GBP/USD. If the result is 0.40% or lower, PUT option on GBP/USD.
  2. European Minimum Bid Rate: Thursday, 11:45. Exp. 1.50%. 1.75% or higher, CALL EUR/USD. 1.25% or lower, PUT EUR/USD.
  3. U.S. Unemployment Claims: Thursday, 12:30. Exp. 407K. 411K or more, PUT USD/JPY. 404K or less, CALL USD/JPY.
  4. Japanese Final GDP: Thursday, 11:50. Exp. -0.5%. -0.1% or higher, PUT USD/JPY. -0.9% or lower, CALL USD/JPY.
  5. French Industrial Production: Friday, 06:45. Exp. 0.4%. 0.8% or higher, CALL EUR/USD. -1.7% 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.

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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%.

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

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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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