Posted by andrew on January 31, 2012 · Leave a Comment
Dear Traders,
The CB Consumer Confidence Report at 3:00pm GMT today is based on a monthly survey of about 5,000 U.S. households regarding their opinion of the economy. Traders should keep an eye out on this one, as it has a strong impact on market prices. A higher reading than the market forecast is bullish for the dollar.
|
The last three months have shown consistent improvement, after a weak reading in October (39.8) followed by November’s improvement (56.0) and December (64.5). Here’s the basic idea to trading the report with StartOptions:
- GBP/USD binary options – if the report is above forecast 68.2 index levels, the dollar should rally and the pound sterling could drop in value.
- S&P500 binary options – this index of top US shares represents the broad US economy; if results are above forecast the index could rally on the news.
|
Trade Alert for US CB Consumer Confidence – 3:00pm GMT
The expectations are for a reading of 68.2, a high figure relative to the previous 3 months. Check the results shortly after the release and look for surprise developments. If the figure is greater than expected, the US dollar should rise against its peers.
Why is it important?
Released monthly, the confidence report is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.
|
Advanced Report
Click here to read today’s advanced report looking at the ASX200 (Australia Index), Dow Jones (US Index), EUR/GBP and more. Understand the technical analysis in more detail to trade binary options with success.
|
High Payouts Today
StartOptions offers 85% payouts today on GBP/USD and the S&P500. With one pip to win and volatility at all time highs, it’s the perfect alternative to standard forex trading. Get started now.
|
Posted by andrew on January 30, 2012 · Leave a Comment
Dear Traders,
The EUR/USD and European stock futures were off ahead of Europe’s first Summit of 2012 today in Brussels, and binary options traders are getting ready to place their positions.
While surprises could be in the works as the trading day unfolds (keep an eye out for our Trade Alerts), here’s two really simple ideas to trade the Summit:
|
- Forex Binary Options
If you believe the EUR/USD will continue to fall below its recent peak of 1.32, you would buy PUT options on the pair. At the moment, negative sentiment in the market is pulling the pair down.
- Gold Binary Options
If you believe Gold prices will rise on the Summit news, you would buy CALL options on the commodity. Gold tends to rally during periods of uncertainty. Gold is trading at 1,727 at the moment, having climbed nearly 100 points over the last few days.
|
Trade Alert for US Consumer Spending – 1:30pm GMT
The expectations are for 0.2% annualized growth, a slight uptick from previous 0.1% reading. If the figure is greater than expected, the US dollar should rise against its peers.
Why is it important?
Released monthly, consumer spending accounts for a majority of overall economic activity. It’s one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy.
|
Advanced Report
Click here to read today’s advanced looking at the Japanese Yen, pound Sterling and more. Understand the technical analysis in more detail to trade binary options with success.
|
High Payouts Today
StartOptions offers high payouts of up to 85% profits on +90 assets. With one pip to win and volatility at all time highs, it’s the perfect alternative to standard forex trading. Get started now.
|
Posted by andrew on January 27, 2012 · Leave a Comment
Dear Traders,
The US GDP report, released quarterly, is considered one of the most important indicators of economic activity, and a figure better than expectations later today will be considered bullish for the dollar.
Most of our traders will be looking at the report for its impact on the EUR/USD. Here’s the dynamics of the trade opportunity, just prior to and after its release at 1:30pm GMT:
|
- The last quarter of 2011 saw GDP increase by 2.5%, and the markets are predicting an even better number for Q4, with an increase of 3.0%.
- A strong reading will boost confidence, and if the reading is stronger than this month’s prediction, the Euro/Usd could fall in value as investors move back into the US economy.
- With a forex binary option, if you believe the Eur/Usd is declining in value you would buy a PUT option. Alternatively if you are trading a standard forex trade, you could take a combination long forex position combined with a PUT binary option, as shown in the chart above.
- In this case if you believe the market may reverse you could secure your investment in the event of a failed breakout.
|
Trade Alert for US GDP Quarterly Estimate – 1:30pm GMT
The expectations are for 3.0% annualized growth for the quarter, an uptick from previous quarter results of 2.5% and solid sign of renewed growth. Check the results shortly after the release and look for surprise developments.
Why is it important?
Released quarterly by the US government, it’s the broadest measure of economic activity and the primary gauge of the economy’s health. It’s considered a high impact report for traders to watch, and actual results better than forecast are positive for the currency.
|
Advanced Report
Click here to read today’s advanced report discussing the latest considerations to quantitative easing and impact on the markets. Understand the technical analysis in more detail to trade binary options with success.
|
High Payouts Today
StartOptions offers high payouts of up to 85% profits on +90 assets. With one pip to win and volatility at all time highs, it’s the perfect alternative to standard forex trading. Get started now.
|
Posted by andrew on January 26, 2012 · Leave a Comment
Dear Traders,
The euro was trending higher against the U.S. dollar on Thursday, after the Federal Reserve set back expectations for a likely interest rate increase until late 2014.
The big news saw the EUR/USD pair hit 1.3134 in late Asian trading, the highest since December 21, before consolidating at 1.3112.
The easiest way to trade the new momentum on EUR/USD is to trade a forex binary option. In a binary option trade on this pair, there are only two possible outcomes.
In the case if you believe the pair will rise above 1.3134 you would buy a CALL option, and if correct by the end of the hour, you would gain 81% at the current payout rate.
|
Trade Alert for USD Unemployment Claims – 1:30pm GMT
The expectations are for 371,000 claims, and a number below this figure would be positive for the US dollar. Check the results shortly after the release and look for surprise developments.
Why is it important?
Released weekly by the US Department of Labor, the report is on the number of individuals who filed for unemployment insurance for the first time during the past week. The number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions.
|
Advanced Report
Click here to read today’s advanced report on the Japanese Yen, Dow Jones, S&P 500 index and more. Understand the technical analysis in more detail to trade with success.
|
High Payouts Today
StartOptions offers high payouts of up to 85% profits on +90 assets. With one pip to win and volatility at all time highs, it’s the perfect alternative to standard forex trading. Get started now.
|
Posted by andrew on January 20, 2012 · Leave a Comment
Dear Traders,
Keep an eye out on the GBPUSD and the impact from today’s UK retail sales report at 9:30am GMT.
The GBP has been trending up 0.4% in early morning trading against the US dollar, and Fibonacci indicators could support levels of 1.5582 before setting the stage for further recovery at 1.5666.
|
Binary options provides the best approach to this trading opportunity due to the fixed profit percentage and known risk in advance of the trade. If that’s not attractive enough, Tradesmarter is offering the GPBUSD at all-time high payouts of 88% returns on the pair, every hour through the Lunar New Year celebrations!
To better understand how to trade GBPUSD binary options, schedule a training session at +44-2033185970 or by emailingsupport@startoptions.com today. You don’t need to have a funded account, but it helps if you want to make a trade!
|
Trade Alert for UK Retail Sales Report
Released monthly, measures the change in the total value of inflation-adjusted sales at the retail level. Markets are looking for an increase of 0.6% versus a decline of -0.4% in activity in December of last year.
Why is it important?
It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity. On a technical level the pound has been gaining momentum against the USD, so positive fundamentals should reinforce the direction.
|
Advanced Report
Click here to read today’s advanced report on the S&P 500, Barclays, TESCO and more. Understand the technical analysis in more detail to further strengthen your binary options trading strategies.
|
Posted by andrew on January 17, 2012 · Leave a Comment
Dear Traders,
Today’s Bank of Canada (BOC) rate statement can be the perfect opportunity to trade on the breakout using USD/CAD binary options. The report is due out today at 2:00pm GMT and is expected to hold overnight rates constant. Any surprise announcement could trigger a revaluation of the CAD against the dollar.
|
Forex hourly options, or Binary Options, is the most simplified method of trading the financial markets. With Binary Options, all you need to do is determine whether the price of the underlying asset will close ABOVE or BELOW the current price at the end of the hour.
Understanding how to trade breakouts can help you tremendously when it comes to your Binary Options trading strategies. Identifying breakouts is recognized as one of the most important skills in technical analysis and is highly influential on the success ratio of a Binary Options trader.
To better understand how binary options are ideal for trading breakout strategies, ask for the full “Trading Breakouts” tutorial by emailing support@startoptions.com today. You don’t need to have a funded account, but it helps if you want to make a trade!
|
Trade Alert for BOC Rate Statement
The BOC’s interest rate statement is the primary tool the BOC uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.
Why is it important?
Traditionally a high impact economic event, with more hawkish statements than what is expected serving as a signal for traders to invest in the currency.
|
Posted by andrew on January 16, 2012 · Leave a Comment
Dear Traders,
This week StartOptions looks at the “One-Pip One-Click” trading strategy on Gold binary options.
Now is the time to take advantage of the rising prices of Gold, if you haven’t already. Gold futures (February contracts) have been in a rising trend line since end of last week surprise announcement by Standard & Poor’s to downgrade major European economies, including France.
A break above 1643 would be very significant and would push prices closer to 1700 again. One of the best ways to take advantage of the momentum in the bullish gold market is to buy short term, one-hour Gold Binary Options.
|
Why Binary Gold Options?
- Gold futures are a strongly directional market, and binary options are perfect for short term directional trading.
- Gold is a contrary asset, meaning when currencies fall gold tends to rise.
- The market has been extremely nervous about the fate of the Euro, and today’s meeting in Europe should create some volatility.
- Smart traders are looking at the Euro/Gold correlation and trading on the bad news. Gold is a safe haven asset.
- Binary Options need only 1 Pip in the right direction, with a simple determination of Up or Down, as opposed to more complicated technical strategies. Hence the “One-Pip One-Click” approach!
Trade Gold Binary Options today or email Support@startoptions.com to schedule a training call. You don’t need to have a funded account, but it helps if you want to make a trade!
|
Trade Alert for ECB President’s Discussions on the Euro
ECB President Mario Draghi is testifying before the European Parliament’s Economic and Monetary Affairs Committee, in Strasbourg today. The forum is a good place for market watchers to take a short view of the Euro. If his comments are particularly bullish expect to see a rebound on the Eur/Usd pair. On the other hand trading Gold binary options can be a perfect complement to a bearish outlook.
Why is it important?
The ECB President is head of the ECB – and controls short-term interest rates for loans to European banks. That means that if interest rates go down more lending will happen, and the Euro will gain value against other currencies.
|
For the full report on today’s market movements including Gold, S&P 500, USDCHF and more, click here.
|
Posted by andrew on January 10, 2012 · Leave a Comment
Dear Traders:
A good showing for the Aussie economy on the housing front — The monthly Building Approvals released showing an increase of 8.4% versus expectations of 6.6%. As of writing the the AUD/USD pair was trending up on the news, especially since the same housing index has fallen 18.9% over the last 12 months.
The dark house however could be declining demand from China… A look at declining commodity prices in this week’s trading could be influenced by a decline in Chinese equities of over 20% over the last year. For further insight read our full daily report here.
As always we’d like to hear your opinion on our daily reports! Send your thoughts and feedback to support@startoptions.com.
|
Trade Alert for AUD Building Approvals
The Australian Bureau of Statistics releases its monthly change in the number of new building approvals issued. The report issued early this morning coming in 8.4% increase over the previous month versus 6.6% forecast. The AUD was trading higher on the news, firmly above 1.0300 levels.
Why is it important?
It’s an excellent gauge of future construction activity because obtaining government approval is among the first steps in constructing a new building. Construction is important because it produces a wide-reaching ripple effect, indicating future growth for the economy.
|
Read Our Extensive Market Update
For the full report on today’s market movements including pound sterling against the Japanese yen, the euro against the pound, silver and natural gas markets, click here.
|
High Payouts Today
Tradesmarter offers high payouts of 85% today on Gold futures, Crude Oil, and the USD/CAD pair! To take advantage: click here to trade now.
|
Schedule a one-on-one training session today on binary strategies for trading Gold. To schedule a call and learn more about the benefits of VIP membership at that time, contact your account executive today or emailsupport@startoptions.com.
|
Posted by andrew on January 9, 2012 · Leave a Comment
Dear Traders:
Solid data released from the Non-Farm Payroll report showing 200k+ jobs produced for December, versus expectations of around 150k. While unemployment still hovers around 8.5%, the data capped off a year-end rally on the USD.
Meanwhile, flight to quality continues in Europe. The EUR/USD was under severe pressure in trading, falling to 1.2716 levels. Still, at current levels the pair could be oversold, traders should keep an eye out on resistance at 1.2742 and 1.2774.
Also of main interest today is the Canadian Building Permits and Business Outlook Survey. Supported by rising oil prices, the news could be bullish for the USD/CAD pair.
As always we’d like to hear your opinion on our daily reports! Send your thoughts and feedback to support@startoptions.com.
Trade Alert for CAD BOC Business Outlook Survey
The Bank of Canada releases its Business Outlook Survey today at 3:30pm GMT – comprised of about 100 businesses rating level of general business conditions such as sales growth, investment in machinery, employment, inflation expectations and credit conditions.
Why is it important?
Released quarterly, it’s a leading indicator of economic health – businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.
|
Read Our Extensive Market Update
For the full report on today’s market movements including technical analysis on Gold and the metal’s recent approach of 1643 resistance level, click here.
|
High Payouts Today
StartOptions offers high payouts of 85% on the GBP/USD pair and 81% on the USD/CHF pairs today. To take advantage: click here to trade now.
|
Today only: StartOptions is scheduling one-on-one training sessions ahead of the CAD Business Survey. Learn about the benefits of StartOptions VIP membership at that time, available to qualified clients only. To become part of our top traders, contact your account executive today or email support@startoptions.com.
|
Posted by andrew on January 6, 2012 · Leave a Comment
The first Non Farm Payrolls (NFP) report of 2012 is crawling into the limelight as investors will be closely watching to see if the recent improvement in US economic data is also reflected in the NFP figures. The latest data will be released today at 1:30pm GMT by the US Bureau of Labor Statistics. Why is the NFP report so significant at this time of the year? Because it reveals the number of paid jobs added or lost in the US economy, excluding the farming industry, reflecting the health of the US economic recovery.
|
US data improved, QE3 expectations start to fade
Since the $600 billion quantitative easing (QE) program ended in June, economic data has shown signs that the US economy is gradually improving. Data showed Weekly Jobless Claims fell for a third week. Figures also revealed an improvement in the housing market after Housing Starts and Existing Home Sales came in better than expected. The Housing market appears to be the US economy’s Achilles heel after the sharp downturn which triggered the financial crisis in 2007.
While 2012 is expected to be the most challenging year since 2009, the first Non Farm Payrolls report of the year may influence sentiment in the market. A significant improvement in US December payrolls data could erase expectations for a third round of quantitative easing. But the absence of what is known as QE3 may be a catalyst for a US dollar rally supported by a heightened risk aversion in the market.
NFP 2012 data
Today’s Non Farm Payrolls report is expected to show an improvement in the labor sector for a second month with predictions of 150,000 new jobs added into the economy in December. The unemployment rate is expected to rise to 8.7% from 8.6%. With the eurozone debt crisis deteriorating, Greece and Italy having difficulties raising funds, while Italian government bond yields jumping to unsustainable levels, an increase in the number of jobs may reveal that the US economy remains on the path towards a strong recovery.
In the case of the NFP data revealing a close to or significantly above expectations figure, the dollar may find support as this will be an indication of growth and, subsequently, the need for further monetary easing will start to fade. If the NFP report reveals a significantly lower figure than anticipated, we may see the safe haven US dollar slide. In either scenario, a high level of volatility is expected, which may lead to large price movements.
|
Next Page »
