Binary Options Daily Setup December 20th 2011

Today, Monday December 20th produces 5 new trading events. These events provide excellent trading opportunities for binary options traders. The U.S. Building Permits is an important event today.

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

  1. German Ifo Business Climate: Published on Tuesday at 09:00 GMT. The market expects a score of 106.2. If the outcome is 107.5 or more, CALL EUR/USD. If the result is 105.6 or worse, PUT option on EUR/USD.
  2. U.K. CBI Realized Sales: Tuesday, 11:00. Exp.-15. -11  or more, CALL GBP/USD.  -21 or less, PUT GBP/USD.
  3. Canadian Core CPI: Tuesday, 12:00. Exp. 0.2%. 0.5%  or higher, PUT USD/CAD. 0.0% or lower, CALL USD/CAD.
  4. U.S. Building Permits: Tuesday, 13:30. Exp. 0.63M. 0.66M  or more, CALL USD/JPY. 0.59M or worse, PUT USD/JPY.
  5. Japanese Trade Balance: Tuesday, 23:50. Exp. -0.28T. 0.19T or more, PUT USD/JPY. 0.56T 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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