Binary Options Daily Setup May 31st 2012

Today, Wednesday, May 31st produces 9 trading events! These events provide excellent trading opportunities for binary options traders. The U.S. Unemployment Claims, is our market event of the day.

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

  1. German Retail Sales: Thursday, 07:00. Exp. 0.2%. 1.8% or higher, CALL EUR/USD. 0.0% or lower, PUT EUR/USD.
  2. U.K. Nationwide HPI: Thursday, 07:00. Exp. 0.0%. 0.3% or higher, CALL GBP/USD. -.02% or lower,PUT GBP/USD.
  3. French Consumer Spending: Thursday, 07:45. Exp. 0.3%. 0.5% or higher, CALL EUR/USD. -3.0% or lower, PUT EUR/USD.
  4. German Unemployment Change: Thursday, 08:55. Exp. -7K. 19K or more, PUT EUR/USD. -9K or less, CALL EUR/USD.
  5. European CPI Flash Estimate: Thursday, 10:00. Exp. 2.5%. 2.7% or higher, CALL EUR/USD. 2.3% or lower, PUT EUR/USD.
  6. U.S. Unemployment Claims: Thursday, 13:30. Exp. 369K. 373K or more, PUT USD/JPY. 365K or less, CALL USD/JPY.
  7. U.S. Chicago PMI: Thursday, 14:45. Exp. 56.8. 57.1 or more, CALL USD/JPY. 55.9 or less, PUT EUR/USD.
  8. Japanese Capital Spending: Friday, 00:50. Exp. 1.3%. 7.9% or higher, PUT USD/JPY. 0.9% or lower,CALL USD/JPY.
  9. Swiss Retail Sales: Friday, 08:15. Exp. 3.6%. 4.4% or higher, PUT USD/CHF. 3.3% or lower, CAL 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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