Binary Options Daily Setup March 19th 2012

Today, Monday, March 19th produces 3 new trading events. These events provide excellent trading opportunities for binary options traders. The German PPI tomorrow morning, will probably have an effect on the EUR/USD.

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

  1. European Current Account: Published on Monday at 09:00 GMT. The market expects a score of 4.3B. If the outcome is 5.0B or more, CALL EUR/USD. If the result is -1.8B or less, put option on EUR/USD.
  2. Canadian Wholesale Sales: Monday, 12:30. Exp. 0.5%. 1.1%  or higher, PUT USD/CAD. 0.3% or lower, CALL USD/CAD.
  3. German PPI: Tuesday, 07:00. Exp. 0.5%.  0.7% or higher, CALL EUR/USD.  0.4% or lower, PUT EUR/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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