Binary Options Daily Setup December 21st 2011


Today, Wednesday December 21st produces 5 new trading events. These events provide excellent trading opportunities for binary options traders. The Canadian Core Retail Sales is an important event today.

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

  1. U.K. Public Sector Net Borrowing:  Wednesday, 09:30. Exp. 13.5B. 15.2B or more, PUT GBP/USD. -2.0B or less, CALL GBP/USD.
  2. Canadian Core Retail Sales: Wednesday, 13:30. Exp. 0.4%. 0.6% or higher, PUT USD/CAD.  0.0% or lower, CALL USD/CAD.
  3. Belgium NBB Business Climate: Wednesday, 14:00. Exp. -11.1. -9.4  or more, CALL EUR/USD.  -14.4 or less, PUT EUR/USD.
  4. U.S. Existing Home Sales: Wednesday, 15:00. Exp. 5.04M. 5.36M  or more, CALL USD/JPY. 4.67M or less, PUT USD/JPY.
  5. U.K. Current Account: Thursday, 09:30. Exp. -5.2B. -1.7B  or more, CALL GBP/USD. -7.4B or less, PUT GBP/USD.

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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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