Binary Options Daily Setup March 21st 2012

Today, Wednesday, March 21st produces 4 new trading events. These events provide excellent trading opportunities for binary options traders. The NZD GDP today, will probably have an effect on the NZD/USD.

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

  1. U.S. Existing Home Sales: Wednesday, 14:00. Exp. 4.61M. 4.88M or more, CALL USD/JPY.  4.42M or worse, PUT USD/JPY.
  2. NZD GDP: Wednesday, 21:45. Exp. 0.6%. 0.9%  or higher, CALL NZD/USD. 0.4% or lower, PUT NZD/USD.
  3. Japanese Trade Balance: Wednesday, 23:50. Exp. -0.34T. -0.29T  or more, PUT USD/JPY.  -0.71T or lower, CALL USD/JPY.
  4. Swiss Trade Balance: Thursday, 07:00. Exp.1.97B. 2.07B  or more, PUT USD/CHF.  1.28B 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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