Binary Options Weekly Setup September 24-28 2012

This week, starting September 24th, after many changes to the EUR and the U.S. market with 15 new events including the GfK German Consumer Climate and the U.S. New Home Sales. Pay attention to the U.S. Pending Home Sales on Thursday.

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

  1. German Ifo Business Climate: Published on Monday at 09:00 GMT. The market expects a score of 102.7. If the outcome is 103.3 or more, CALL EUR/USD. If the result is 101.6 or less, PUT option on EUR/USD.
  2. GfK German Consumer Climate: Tuesday, 07:00. Exp. 6.0. 6.2 or more, CALL EUR/USD. 5.7 or less, PUT EUR/USD.
  3. U.K. BBA Mortgage Approvals: Tuesday, 09:30. Exp. 28.6K. 30.2K or more, CALL GBP/USD. 26.3K or less, PUT GBP/USD.
  4. Canadian Core Retail Sales: Tuesday, 13:30. Exp. 0.3%. 0.4% or higher, PUT USD/CAD. -0.5% or lower, CALL USD/CAD.
  5. U.S. CB Consumer Confidence: Tuesday, 15:00. Exp. 62.9. 63.9 or more, CALL USD/JPY. 59.5 or less, PUT USD/JPY.
  6. U.K. CBI Realized Sales: Wednesday, 11:00. Exp. 6. 8 or more, CALL GBP/USD. -4 or less, PUT GBP/USD.
  7. U.S. New Home Sales: Wednesday, 15:00. Exp. 381K. 384K or more, CALL USD/JPY. 369K or less, PUT USD/JPY.
  8. Euro Zone M3 Money Supply: Thursday, 09:00. Exp. 3.3%. 4.0% or higher, CALL EUR/USD. 3.0% or lower, PUT EUR/USD.
  9. U.K. Current Account: Thursday, 09:30. Exp. -12.2B. -9.4B or more, CALL GBP/USD. -13.1B or less, PUT GBP/USD.
  10. U.S. Unemployment Claims: Thursday, 13:30. Exp. 378K. 382K or more, PUT USD/JPY. 376K or less, CALL USD/JPY.
  11. U.S. Pending Home Sales : Thursday, 15:00. Exp. -0.7%. 2.6% or higher, CALL USD/JPY. -0.9% or lower, PUT USD/JPY.
  12. Australian Private Sector Credit: Friday, 02:30. Exp. 0.3%. 0.4% or higher, CALL AUD/USD. 0.1% or lower, PUT AUD/USD.
  13. Euro Zone CPI Flash Estimate: Friday, 10:00. Exp. 2.4%. 2.7% or higher, CALL EUR/USD. 2.2% or less, PUT EUR/USD.
  14. Canadian GDP: Friday, 13:30. Exp. 0.2%. 0.3% or higher, PUT USD/CAD. 0.0% or lower, CALL USD/CAD.
  15. U.S. Chicago PMI: Friday, 14:45. Exp. 52.9. 53.2 or more, CALL USD/JPY. 52.7 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%.

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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