Binary Options Daily Setup January 31st 2012

Today, Tuesday, January 31st produces 10 new trading events. These events provide excellent trading opportunities for binary options traders. The Canadian GDP today, is an important event on the Canadian dollar.

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

  1. German Retail Sales: Tuesday, 07:00. Exp. 0.9%. 1.6%  or higher, CALL EUR/USD.  -4.3% or less, PUT EUR/USD.
  2. French Consumer Spending: Tuesday, 07:45. Exp. 0.3%. 0.6%  or higher, CALL EUR/USD. -0.2% or lower, PUT EUR/USD.
  3. German Unemployment Change:Tuesday, 08:55. Exp. -8K. 3K or more, PUT EUR/USD.  -26K or worse, CALL EUR/USD.
  4. U.K. Net Lending to Individuals: Tuesday, 09:30. Exp. 1.2B. 1.3B  or more, CALL GBP/USD. 0.9B or less, PUT GBP/USD.
  5. European Unemployment Rate: Tuesday, 10:00. Exp. 10.4%. 10.6%  or higher, PUT EUR/USD.  10.1% or lower, CALL EUR/USD.
  6. Canadian GDP: Tuesday, 13:30. Exp. 0.2%. 0.3% or higher, PUT USD/CAD. -0.2% or lower, CALL USD/CAD.
  7. U.S. CB Consumer Confidence: Tuesday, 15:00. Exp. 68.4. 75.0  or more, CALL USD/JPY. 60.8 or less, PUT USD/JPY.
  8. Australian HPI: Wednesday, 00:30. Exp. -0.7%.-0.4% or higher, CALL AUD/USD.  -1.7% or worse, PUT AUD/USD.
  9. Japanese Average Cash Earnings: Wednesday, 01:30. Exp. -0.3%. 0.0% or higher, PUT USD/JPY. -0.7% or lower, CALL USD/JPY.
  10. U.K. Nationwide HPI: Wednesday, 07:00. Exp. -0.1%. 0.4%  or higher, CALL GBP/USD. -0.3% 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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