Binary Options Daily Setup November 15th 2011


Tuesday, November 15th 2011, has 5 events on the Euro & Pound and 7 events in total. These events provide excellent trading opportunities for binary options trading. Pay Attention to theU.K. CPI at 09:30GMT.

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

  1. French Prelim GDP: Published on Tuesday at 06:30 GMT. The market expects a score of  0.3%. If the outcome is  1.0% or higher, CALL EUR/USD. If the result is -0.3% or lower, PUT option on EUR/USD.
  2. German Prelim GDP: Tuesday, 07:00. Exp. 0.5%. 0.7%  or higher, CALL EUR/USD.  -0.3% or lower, PUT EUR/USD.
  3. French Prelim Non-Farm Payrolls: Tuesday, 07:45. Exp. 0.3%. 0.5%  or higher, CALL EUR/USD.  -0.1% or lower, PUT EUR/USD.
  4. U.K. CPI: Tuesday, 09:30. Exp. 5.1%. 5.4%  or higher, CALL GBP/USD. 4.7% or lower, PUT GBP/USD.
  5. German ZEW Economic Sentiment: Tuesday, 10:00. Exp. -51.8. -43.3  or more, CALL EUR/USD.  -55.5 or less, PUT EUR/USD.
  6. U.S. Business Inventories: Tuesday, 15:00. Exp. 0.2%. 0.7%  or higher, CALL USD/JPY.  -0.2% or lower, PUT USD/JPY.
  7. Australian Wage Price Index: Wednesday, 00:30. Exp. 0.9%. 1.2%  or higher, CALL AUD/USD.  0.7% or lower, PUT AUD/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%.

For more Forex Binary trading, see our weekly GBP/JPY weekly technical analysis.

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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