Binary Options Daily Setup February 1st 2012

Today, Wednesday, February 1st produces 6 new trading events. These events provide excellent trading opportunities for binary options traders. The U.K. Manufacturing PMI today, is an important event on the British Pound.

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

  1. U.K. Nationwide HPI: Wednesday, 07:00. Exp. -0.1%. 0.4%  or higher, CALL GBP/USD. -0.3% or less, PUT GBP/USD.
  2. Swiss Retail Sales: Wednesday, 08:15. Exp. 1.6%. 2.0% or higher, PUT USD/CHF. 1.5% or lower, CALL USD/CHF.
  3. U.K. Manufacturing PMI: Wednesday, 09:30. Exp. 50.2. 51.1  or more, CALL GBP/USD. 49.0 or less, PUT GBP/USD.
  4. U.S. ADP Non-Farm Employment Change: Wednesday, 13:15. Exp. 193K. 325K  or more, CALL USD/JPY. 110K or less, PUT USD/JPY.
  5. U.S. ISM Manufacturing PMI: Wednesday, 15:00. Exp. 54.6. 57.0  or more, CALL USD/JPY. 52.7 or less, PUT USD/JPY.
  6. Swiss Trade Balance: Thursday, 07:00. Exp. 2.85B. 3.00B or more, PUT USD/CHF. 2.49B or less, CALL USD/CHF.

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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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