Binary Options Weekly Setup November 7-11 2011

The week starting November 7th, has 18 new trading events to look forward to. The British pound will be a major factor this week with 4 significant events.Our special bonus offer continues for BO Crunch readers this week. Among the events this week pay attention to the U.K. Manufacturing Production on Tuesday and the official bank rate on Thursday.  For a focused daily update follow our daily binary options setup.

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

  1. Swiss CPI: Published on Monday at 08:15 GMT. The market expects a score of 0.2%. If the outcome is 0.5% or higher, PUT USD/CHF. If the result is -0.1% or worse, CALL option on USD/CHF.
  2. European Sentix Investor Confidence: Monday, 09:30. Exp. -19.5. -13.2  or more, CALL EUR/USD.  -22.1 or less, PUT EUR/USD.
  3. European Retail Sales: Monday, 10:00. Exp. 0.0%. 0.2%  or higher, CALL EUR/USD.  -0.4% or lower, PUT EUR/USD.
  4. German Industrial Production: Monday, 11:00. Exp. -0.7%. 0.4%  or higher, CALL EUR/USD.  -1.1% or lower, PUT EUR/USD.
  5. U.K. RICS House Price Balance: Tuesday, 00:01. Exp. -23%. -20%  or higher, CALL GBP/USD.  -31% or lower, PUT GBP/USD.
  6. Australian Trade Balance: Tuesday, 12:30. Exp. 3.04B. 3.12B  or more, CALL AUD/USD.  2.96B or less, PUT AUD/USD.
  7. Swiss SECO Consumer Climate: Tuesday, 06:45. Exp. -20. -14  or more, PUT USD/CHF.  -27 or less, CALL USD/CHF.
  8. U.K. Manufacturing Production: Tuesday, 01:30. Exp. 0.2%. 0.6%  or higher, CALL GBP/USD. -0.4% or lower,PUT GBP/USD.
  9. Canadian Housing Starts: Tuesday, 13:15. Exp. 201K. 209K  or more, PUT USD/CAD.  197K or less, CALL USD/CAD.
  10. Australian Home Loans:Wednesday, 00:30. Exp. 1.7%. 2.1%  or higher, CALL AUD/USD.  1.0% or lower, PUT AUD/USD.
  11. U.K. Trade Balance: Wednesday, 09:30. Exp.-7.9B. -7.4B  or more, CALL GBP/USD.  -8.5B or less, PUT GBP/USD.
  12. Canadian NHPI: Wednesday, 13:30. Exp.0.2%. 0.4%  or higher, PUT USD/CAD. 0.0% or lower, CALL USD/CAD.
  13. Japanese Core Machinery Orders: Wednesday, 23:50. Exp. -7.2%. 4.2% or higher, PUT USD/JPY.  -9.9% or lower, CALL USD/JPY.
  14. U.S. Unemployment Claims: Thursday, 13:30. Exp. 402K. 404K or more, PUT USD/JPY. 396K or less, CALL USD/JPY.
  15. U.S. Federal Budget Balance: Thursday, 19:00. Exp. -110.3B. -57.5B  or more, CALL USD/JPY.  -134.2B or lower, PUT USD/JPY.
  16. Japanese Tertiary Industry Activity: Thursday, 23:50. Exp. -0.4%.-0.1% or higher, PUT USD/JPY.  -0.6% or lower, CALL USD/JPY.
  17. U.K. PPI Input: Friday, 09:30. Exp. 0.0%.  2.1% or higher, CALL GBP/USD.  -2.0% or lower, PUT GBP/USD.
  18. U.S. Prelim UoM Consumer Sentiment: Friday, 14:55. Exp. 61.1.  64.1 or more, CALL USD/JPY.  58.2 or less, PUT 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 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 Oil Binary Options, read our weekly oil binary options setup.

For GBP/JPY 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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