Binary Options Weekly Setup Aug. 29- Sep. 02 2011


End of August and beginning of September is a very busy week for binary options traders. 22 significant events are awaiting us – events which provide opportunities for trading binaries. This week pay special attention to the US Dollar with no less than 8 great trading opportunities including  the U.S. Pending Home Sales, S&P/CS Composite, CB Consumer Confidence, and the weekly Unemployment Claims.  For a focused daily update follow our daily setup.

For Gold binary Options, see our Weekly Gold Binary setup.

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

  1. U.S. Personal Spending: Published on Monday at 12:30 GMT. The market expects a score of 0.5%. If the outcome is 0.7% or higher, CALL USD/JPY. If the result is -0.2% or lower, PUT option on USD/JPY.
  2. U.S. Pending Home Sales: Monday, 14:00. Exp. -0.8%. 3.2% or higher, CALL USD/JPY. -2.8% or lower, PUT USD/JPY.
  3. Japanese Household Spending: Monday, 23:30. Exp. -2.9%. -4.9% or higher, PUT USD/JPY. -1.5% or less, CALL USD/JPY.
  4. Australian Building Approvals: Tuesday, 01:30. Exp. 2.1%. 4.1% or higher, CALL AUD/USD. -6.3% or lower, PUT AUD/USD.
  5. U.K. Net Lending to Individuals: Tuesday, 08:30. Exp. 1.1B. 1.3B or more, CALL GBP/USD. 0.3B or less, PUT GBP/USD.
  6. U.S. S&P/CS Composite-20 HPI: Tuesday, 13:00. Exp. -4.7%. -3.6% or higher, CALL USD/JPY. -5.0% or lower, PUT USD/JPY.
  7. U.S. CB Consumer Confidence: Tuesday, 14:00. Exp. 52.2. 60.8 or more, CALL USD/JPY. 51.8 or less, PUT USD/JPY.
  8. U.K. GfK Consumer Confidence: Tuesday, 23:01. Exp. -32. -25 or more, CALL GBP/USD. -36 or less, PUT GBP/USD.
  9. Japanese Prelim Industrial Production: Tuesday, 23:50. Exp. 1.6%. 3.9% or higher, PUT USD/JPY. 1% or lower, CALL USD/JPY.
  10. German Retail Sales: Wednesday, 06:00. Exp. -1.5%. 5.9% or higher, CALL EUR/USD. -2.4%% or lower, PUT EUR/USD.
  11. German Unemployment Change: Wednesday, 07:55. Exp.-10K. -7K or more, PUT EUR/USD. -14K or less, CALL EUR/USD.
  12. U.S. ADP Non-Farm Employment Change: Wednesday, 12:15. Exp. 103K. 123K or more, CALL USD/JPY. 93K or less, PUT USD/JPY.
  13. U.S. Factory Orders: Wednesday, 14:00. Exp. 1.7%. 3.0% or higher, CALL USD/JPY. -0.7% or less, PUT USD/JPY.
  14. Swiss GDP: Thursday, 05:45. Exp. 0.4%. 0.7% or higher, PUT USD/CHF. 0.2% or lower, CALL USD/CHF.
  15. U.K. Nationwide HPI: Thursday, 06:00. Exp. 0.1%. 0.3% or higher, CALL GBP/USD. -0.2% or lower, PUT GBP/USD.
  16. Swiss Retail Sales: Thursday, 07:15. Exp. 4.6%. 7.5% or higher, PUT USD/CHF. -3.7% or lower, CALL USD/CHF.
  17. U.K. Manufacturing PMI: Thursday, 08:30. Exp. 49.2. 52.1 or more, CALL GBP/USD. 48.7 or less, PUT GBP/USD.
  18. U.S. Unemployment Claims: Thursday, 12:30. Exp. 409K. 412K or more, PUT USD/JPY. 404K or less, CALL USD/JPY.
  19. U.S. ISM Manufacturing PMI: Thursday, 14:00. Exp. 48.9. 55.3 or more, CALL USD/JPY. 46.8 or less, PUT USD/JPY.
  20. Japanese Capital Spending: Thursday, 23:50. Exp. 1.1%. 3.8% or higher, PUT USD/JPY. -1.7% or lower, CALL USD/JPY.
  21. Swiss Employment Level: Friday, 07:15. Exp. 4.11M. 4.13 or more, PUT USD/CHF. 3.99 or less, CALL USD/CHF.
  22. U.K. Construction PMI: Friday, 08:30. Exp. 53.1. 54.0 or more, CALL GBP/USD. 52.2 or less, PUT GBP/USD.

These expected market reactions and setups are general market commentary. This is by no means any type of investment advice.

If you’re interested in binary options, please go to TradeSmarter. They’re a leading binary options provider.

For quick registration:

Quick explanations:

  • CALL options – if the price closes at a higher level than the price you purchased at expiry time, you make 75%. 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 75%. If it closes above, you’re left with 10%.

For Gold Binary Options, read our weekly gold binary options setup.

For more information on binary brokers, read our recommended Broker reviews.

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.

Full Disclosure: BOCrunch is affiliated with TradeSmarter.

Try binary trading with AnyOption

Leave a Comment