Binary Options Daily Setup November 16th 2011

Tuesday, November 16th 2011, has 6 events in total. These events provide excellent trading opportunities for binary options trading. Pay Attention to the U.S. TIC Long-Term PurchasesI at 14:00GMT.

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

  1. Australian Wage Price Index: Published on Wednesday at 00:30 GMT. The market expects a score of  0.9%. If the outcome is  1.2% or higher, CALL AUD/USD. If the result is 0.7% or lower, PUT option on AUD/USD.
  2. U.K. Claimant Count Change: Wednesday, 09:30. Exp. 20.4K. 24.5K  or more, PUT GBP/USD. 12.4K or less, CALL GBP/USD.
  3. European Core CPI: Wednesday, 10:00. Exp. 1.6%. 1.9% or higher, CALL EUR/USD.  1.3% or lower, PUT EUR/USD.
  4. U.S. Core CPI: Wednesday, 13:30. Exp. 0.1%. 0.3%  or higher, CALL USD/JPY.  0.0% or lower, PUT USD/JPY.
  5. U.S. TIC Long-Term Purchases: Wednesday, 14:00. Exp. 63.4B. 71.7B  or more, CALL USD/JPY.  51.2B or less, PUT USD/JPY.
  6. New Zealand PPI Input: Wednesday, 21:45. Exp. 0.6%. 0.9% or higher, CALL NZD/USD. 0.4% or lower, PUT NZD/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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