Binary Options Daily Setup December 5th 2011

New week of trading news events starts today with 5 events from the U.K., euro-zone, U.S. and Australian markets. These events provide excellent trading opportunities for binary options traders.

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

  1. U.K. Services PMI: Published on Monday at 09:30 GMT. The market expects a score of  50.6. If the outcome is  52.9 or more, CALL GBP/USD. If the result is 49.7
    or worse, PUT option on GBP/USD.
  2. European Retail Sales: Monday, 10:00. Exp. 0.2%. 0.3% or higher, CALL EUR/USD.  -0.8% or worse, PUT EUR/USD.
  3. U.S. ISM Non-Manufacturing PMI: Monday, 15:00. Exp. 53.6. 55.0  or more, CALL USD/JPY.  52.7 or less, PUT USD/JPY.
  4. Australian Current Account: Tuesday, 00:30. Exp. -5.5B. -4.6B  or more, CALL AUD/USD.  -9.7B or less, PUT AUD/USD.
  5. Australian Cash Rate: Tuesday, 03:30. Exp. 4.25%. 4.75%  or higher, CALL AUD/USD. 4.25% or lower, PUT AUD/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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