Thursday’s Market News Means Profiting With Binary Options

There are clear-cut advantages to trading USD Unemployment market news information using Forex Binary Options over traditional Forex:

The first advantage is that Forex Binary Options offer a fixed reward based on direction; so it does not matter how many pip’s in the right direction your trade expires at if you are trading this market information with Binary Options…so long as it expires in the right direction, you profit over 80% on your trade.

The second advantage is that Forex Binary Options allow you a risk-managed way to trade. Unlike with traditional Forex, where you need to guess where to put that elusive stop-loss point, there is no need to place a stop-loss when trading with Forex Binary Options. Experienced Forex traders know the frequency of getting shaken out of trades when the stop-loss is hit. They know they do not need to fear the stop-loss point with trading Forex Binary Options, and that they can never lose more than their initial investment amount with Binary Options.

The third advantage is that Forex Binary Options expire at the end of every hour, usually within minutes of the news event. Meaning, you can really use this Thursday’s USD Unemployment claims release information to your advantage in the moment of the event happening.

In the example in this chart, a news event rally was traded by buying a PUT Binary Option immediately after the news event was reported and the rally began at the break of the support line, in conjunction with the belief that the direction would continue downward. If on the other hand it would have been believed that the asset will go up, it would have been traded by buying a CALL Binary Option. NOTE: There is no need to set stop-loss or limit orders as in traditional Forex trading because we are intelligently trading market events with Forex Binary Options.