Binary Options Weekly Setup October 3-7 2011


The first week of October 2011 has a tight schedule with great trading events for binary options traders. Our September special bonus offer continues for BO Crunch readers in October. 18 significant events are awaiting us – events which provide opportunities for trading binaries. This week pay special attention to the Swiss Retail Sales on Monday, U.S. Factory Orders on Tuesday and the U.K. PPI Input on Friday.  For a focused daily update follow our daily binary options setup.

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

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

  1. Japanese Tankan Manufacturing Index: Published on Sunday at 23:50 GMT. The market expects a score of 2. If the outcome is 5 or more, PUT USD/JPY. If the result is -10 or less, CALL option on USD/JPY.optionfair sep11 offer
  2. Swiss Retail Sales: Monday, 03:15. Exp. 4.5%. 5.7% or higher, PUT USD/CHF.  1.5% or lower, CALL USD/CHF.
  3. U.K. Manufacturing PMI: Monday, 08:30. Exp. 48.9. 49.8 or more, CALL GBP/USD. 48.1 or less, PUT GBP/USD.
  4. U.S. ISM Manufacturing PMI: Monday, 14:00. Exp. 50.5. 51.1 or more, CALL USD/JPY. 49.9 or less, PUT USD/JPY.
  5. Japanese Average Cash Earnings: Tuesday, 01:30. Exp. 0.7%. 1.1% or higher, PUT USD/JPY. 0.2% or lower, CALL USD/JPY.
  6. Australian Cash Rate: Tuesday, 03:30. Exp. 4.75%. 5.00% or higher, CALL AUD/USD. 4.50% or lower, PUT AUD/USD.
  7. U.K. Construction PMI: Tuesday, 08:30. Exp. 51.7. 53.5, or more, CALL GBP/USD. 50.2 or less, PUT GBP/USD.
  8. U.S. Factory Orders: Tuesday, 14:00. Exp. 0.2%. 2.6% or higher, CALL USD/JPY. -0.8 or lower, PUT USD/JPY.
  9. Australian Retail Sales: Wednesday, 00:30. Exp. 0.3%. 0.6%, or higher, CALL AUD/USD. -0.1% or lower, PUT AUD/USD.
  10. European Retail Sales: Wednesday, 09:00. Exp. -0.2%. 0.5%, or higher, CALL EUR/USD. -0.4% or lower, PUT EUR/USD.
  11. U.S. ADP Non-Farm Employment Change: Wednesday, 12:15. Exp. 76K. 98K or more, CALL USD/JPY. 41K or less, PUT USD/JPY.
  12. U.S. ISM Non-Manufacturing PMI: Wednesday, 14:00. Exp. 53.1. 54.6 or more, CALL USD/JPY. 52.6 or less, PUT USD/JPY.
  13. German Factory Orders: Thursday, 10:00. Exp. 0.1%. 0.8% or higher, CALL EUR/USD. -2.9% or less, PUT EUR/USD.
  14. European Minimum Bid Rate: Thursday, 11:45. Exp. 1.50%. 1.75% or higher, CALL EUR/USD. 1.25% or Lower, PUT EUR/USD.
  15. U.S. Unemployment Claims: Thursday, 12:30. Exp. 411K. 422K or more, PUT USD/JPY. 402K or less, CALL USD/JPY.
  16. Canadian Ivey PMI: Thursday at 14:00. Exp. 58.2. 65.9 or more, PUT USD/CAD. 50.3 or less, CALL USD/CAD.
  17. U.K. PPI Input: Friday, 08:30. Exp. 1.4%. 2.5% or higher, CALL GBP/USD. -2.3% or lower, PUT GBP/USD.
  18. German Industrial Production: Friday, 10:00. Exp. -0.9%. 1.8%, or higher, CALL EUR/USD. -1.5% or less, PUT EUR/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, see optionFair Bonus Offer for BOCrunch’s readers

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 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 optionFair.

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