Binary Options Daily Setup December 1st 2011

Today, beginning of December has 5 news trading events. These events provide excellent trading opportunities for binary options trading. Pay Attention today to the U.S. Unemployment Claims at 13:30GMT.

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

  1. Swiss SVME PMI: Published on Thursday at 08:30 GMT. The market expects a score of  46.6. If the outcome is  48.2 or more, PUT USD/CHF. If the result is  44.3 or better, CALL option on USD/CHF.
  2. U.K. Manufacturing PMI: Thursday, 09:30. Exp. 47.1. 51.1  or more, CALL GBP/USD. 42.9 or less, PUT GBP/USD.
  3. U.S. Unemployment Claims: Thursday, 13:30. Exp. 390K. 397K or more, PUT USD/JPY. 387K or less, CALL USD/JPY.
  4. U.S. ISM Manufacturing PMI: Thursday, 15:00. Exp.  or more, CALL USD/JPY.  50.6 or less, PUT USD/JPY.
  5. Japanese Capital Spending: Thursday, 23:50. Exp. -3.4%. -2.8%  or higher, PUT USD/JPY.-7.9% or less, 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%.

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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