Binary Options Daily Setup November 29th 2011

Tuesday, November 29th is packed with news and market events! 9 different events to trade. These events provide excellent trading opportunities for binary options trading. Pay Attention today to the U.S. CB Consumer Confidence at 15:00GMT.

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

  1. U.K. Nationwide HPI: Published on Tuesday at 07:00 GMT. The market expects a score of -0.1%. If the outcome is  0.5% or higher, CALL GBP/USD. If the result is 0.2% or lower, PUT option on GBP/USD.
  2. U.K. Net Lending to Individuals: Tuesday, 09:30. Exp.1.0B. 1.2B  or more, CALL GBP/USD. 0.8B or less, PUT GBP/USD.
  3. Canadian Current Account: Tuesday, 13:30. Exp. -11.3B. -9.1B  or more, PUT USD/CAD.  -17.5B or lower, CALL USD/CAD.
  4. U.S. S&P/CS Composite-20 HPI:  Tuesday, 14:00. Exp. -3.0%. -2.4% or higher, CALL USD/JPY.  -4.1% or lower, PUT USD/JPY.
  5. U.S. CB Consumer Confidence: Tuesday, 15:00. Exp. 43.9. 28.4  or more, CALL USD/JPY.  295K or less, PUT USD/JPY.
  6. Japanese Prelim Industrial Production: Tuesday, 23:50. Exp. 1.1%. 1.4%  or higher, PUT USD/JPY.  -4.0% or lower, CALL USD/JPY.
  7. U.K. GfK Consumer Confidence: Wednesday, 00:01. Exp.-33. -30  or more, CALL GBP/USD. -35 or less, PUT GBP/USD.
  8. Australian Private Capital Expenditure: Wednesday, 00:30. Exp. 8.2%. 9.1%  or higher, CALL AUD/USD. 5.1% or lower, PUT AUD/USD.
  9. Japanese Average Cash Earnings: Wednesday, 01:30. Exp. 0.0%. 0.3%  or higher, PUT USD/JPY. -0.6% or less, CALL USD/JPY.

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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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