Binary Options Daily Setup March 29th 2012

Today, Thursday, March 29th produces 4 new trading events. These events provide excellent trading opportunities for binary options traders. The U.S. Unemployment Claims today, will probably have an effect on the USD/JPY.

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

  1. U.S. Unemployment Claims: Thursday, 12:30. Exp. 351K. 354K or more, PUT USD/JPY. 345K or less, CALL USD/JPY.
  2. U.K. GfK Consumer Confidence: Thursday, 23:01. Exp. -29. -27  or more, CALL GBP/USD. -33 or less, PUT GBP/USD.
  3. Australian Private Sector Credit: Friday, 00:30. Exp. 0.3%. 0.5%  or higher, CALL AUD/USD. 0.1% or lower, PUT AUD/USD.
  4. Swiss KOF Economic Barometer: Friday, 07:00. Exp. 0.08. 0.35  or more, PUT USD/CHF. -0.17 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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