Another day of flight for most major markets
Binary traders are quick to take advantage as the down side prevails
Another massive sell-off keeps the market busy on the short side. The Dow Jones dropped 520 points its lowest level since September 2010, while Treasuries continued to gain. With the dollar gaining value against 13 of 16 major currency pairs, most feel the greenback remains a safe haven asset. Concerns of inflationary pressures in China pulled down Asian shares as well, with Hong Kong’s Hang Sang Index down 1.5%. Crude oil was off another 0.6% while gold futures flirted with $1,800 an ounce to close at $1,790.
French bank shares collapse – will the ECB intervene?
French bank shares were in a tailspin on rumors of a credit downgrade to France’s triple-A rating, a move which would directly affect the financial sector. SocGen was trading down as much as 20 percent before closing down 14.7 percent. Barclays was the worst hit among the UK banks closing down 8.7%. Keep an eye out for US International Trade and Jobless Claims to hit the wires at the start of today’s US market opening (8:30am EST, 1:00pm GMT).
Trade the News: Today’s Key Economic Events
2:30am AUD – Employment change Change in the number of employed people during the previous month; This is vital economic data released shortly after the month ends. As of publication the numbers came in at -0.1k versus expectations of 10.2k, a negative for the Aussie currency.
1:30pm USD – Trade Balance Difference in value between imported and exported goods and services during the reported month; A positive number indicates that more goods and services were exported than imported; Expectations are for the numbers to come in at -47.9 Billion a slight improvement over the -50.2 Billion in the prior period.
1:30pm USD – Unemployment Claims Another high impact piece of US economic data, showing the number of individuals who filed for unemployment insurance for the first time during the past week; Expectations are of 401k versus 400k last period.
Trade Binary Options Now with 85% payout on the hottest assets!
Trading the US Advanced Non Farm Employment Change News Event with Forex Hourly Options
One of the most important market news events, the US Advanced Non-Farm Employment Change, is going to attract the serious Forex traders. One of the easiest ways to profit from this news event is by trading Hourly Forex Binary Options. Hourly Forex Binary Options such as USDJPY Binary Options, offer an easier, more profitable and risk-managed way of trading this news event.
The big advantage of Hourly Forex Binary Options is simplicity. You basically just have to trade in the right direction. Your trades automatically close out at the end of each hour. Forex Binary Options offer is a fixed reward of over 80% profit, even if you are only 1 pip in the right direction. This is so simple and yet so profitable.
Another advantage of Hourly Forex Binary Options is that risk is automatically managed within the option. Offering up to 15% payout out-of-the-money, your maximum loss is known in advance, with no need to place stop-loss orders. More importantly, Binary Option risk management is more reliable than stop-loss orders because they cannot be shaken-out due to volatility. Forex Binary Options trading provide true fire-and-forget trading, whereas stop-loss orders only provide that illusion.
In the chart above, the US Unemployment Claims report produced a strong sell-off in the USDJPY. The sell-off began at the moment of the news release, and broke through several support lines on the way down. Trading this news event was very easy. If you believe that the price will go down after the news event, you buy a Put Hourly Forex Binary Options on the USDJPY. If you on the other hand believe the price will go up, you buy a Call.
Welcome Binary Options Trader!
In front of you on the trading platform for each market trade is a one hour graph that represents the price of the asset.
The first thing to notice is highlighted on every chart is the current price of the asset. Scrolling over the chart, you will get the price at each place where your curser is placed. You can see by looking at the chart the general trend of the price of this asset. See what the asset’s price opened the hour at, the volatility of the price,etc. Get a feel for the general feel of what the market is pricing this asset at for this hour. Notice if you see a pattern emerge that represents the market’s sentiment for this asset at this present hour. Did the asset price spike up and drop down suddenly at any point so far into the hour? Does it appear to be a relatively steady climb or decline? Did the asset price start off low and then increase, and now appears to be remaining relatively steady?
As you watch the asset you are placing your trade on, you want to be aware of what is happening in regards to news about this asset. Is this asset’s reaction to the news going to be volatile or steady? With Binary Options, as you are choosing the direction of the price within an hour’s window, it is important to have an understanding of the market. In other words, understand currency swings and what that could mean, or stock swings, gold swings, etc. Since Binary Options are traded on the hour, you may want to place your trades when you know that particular asset is having a new occurance, such as a bank releasing a certain rate at a certain time, or etc.
Remember that the beauty of Binary Options is that you only have to choose the direction of the asset. So as long as you choose the right direction, you are “in the money.” Unlike other trading methods, in which what you profit is dependent on you being able to predict exactly or close to how much an asset’s price will move in a certain direction, with Binary Options you are able to get a high return (75-85%) just with getting the right direction.
Easy Trading = Binary Options
Regarded as the most clear-cut trading experience worldwide for Forex traders are Binary Options Trading.
To earn a high return, you only have to choose the direction the asset will go. Being in the money, has never been simpler.
And the profits? 81% profit in less than an hour. Not bad for an hour’s work.
Whether you are a novice Forex trader looking for an easier way to trade or an experienced Forex trader looking for straightforward return, Binary Options are the way to go.
Simply put, for thousands of traders, Binary Options are the preferred way of trading Forex over conventional Forex trading.
For beginner Forex traders, Binary Options trading is as easy as 1, 2, 3:
- First choose your market. Some Examples: Currencies, Stocks, Commodities or Indices.
- Second, choose the asset to trade. Some Examples: EUR/USD, Google, Oil or FTSE
- Third, decide whether the asset will be above or below its current price at the end of the hour. Choose a CALL Binary Option if you believe that the asset will end above its current price at the end of the hour. Choose a PUT Binary Option if you believe that it will end below the current price at the end of the hour
There are two ways to be in the money and earn 81% profit. If you CALL and you’re right, you are in the money. If you PUT and you’re right, you are in the money.
- In the Money: Assuming you choose CALL (Above) – At expiry if the closing price closes above the price that you purchased
- In the Money: Assuming you choose PUT (Below) – At expiry if the closing price closes below the price that you purchased
Note that with Binary Options you don’t have to choose how much the asset will close above or below. It only matters that you choose the right direction to be in the money.
Experienced Forex traders looking for different RISK/REWARD can find success with Binary Options trading. There are two patent advantages to Binary Options Trading:
1) NO LEVERAGE: Binary Options Trading require no leverage for success. Enjoy 81% profits without risking a single cent more than your trade amount. This means you can stop fearing the use of Stop-Loss.
2) FIXED RISK/REWARD RATIO: Binary Options offer a fixed Risk/Reward ratio making them excellent hedging tools in conjunction with conventional Forex. For example, if you take a conventional EUR/USD short position combined with a Stop/Loss and simultaneously buy a PUT Binary Option, you can cover your losses or even be profitable in the event that your short position fails.
StartOptions now offers 12 New U.S. Stocks!
We are pleased to offer you 12 more of the most popularly traded U.S. Nasdaq and NYSE stocks, now also available for trading on the StartOptions binary options platform.
- Research in Motion
- Amazon
- E-Bay
- Baidu
- Wynn Resorts
- Mastercard
- Macy’s
- General Electric
- VM-Ware
- SPDR Gold Trust
- Goldman Sachs Group
- MGM Resorts
Trade these new U.S. stocks now
Binary Options Trading Tutorial is now available in StartOptions.com
How to Trade Binary Options by StartOptions.com Dealing Room
CAC40 Paris Stock Exchange Binary Option is now available
The CAC40 Paris stock exchange index is now available for trading. Our French-speaking clients might like to know. The index represents a capitalization-weighted measure of the 40 most significant values among the 100 highest market caps on the Paris Bourse (now Euronext Paris).
During the morning hours 9am-5pm GMT+1, the CAC40 can be traded via the indices tab on any of out white label websites. Official prices are quoted from Reuters. The CAC40 Binary Options payout is ranging between 65% – 75%.
StartOptions is going to launch and additional 8 leading French Stocks, an update will be published to our traders before the launch.
StartOptions Now Offers Barrier Options with a 300% Return
Click here to download “How to Trade Barrier Options Guide”
Resulting from high demand for Barrier Options, StartOptions, through its technology provider TradeSmarter, now provides new tools to trade the market. The latest 300% Barrier Options are now offered on Gold futures and soon will be available on a variety of stocks, commodities and currencies on the StartOptions.com website. For example, a trader spotting volatility on Gold futures can place a trade of a Call Barrier Option anytime during the hour at the current price of Gold, $1270, with a Barrier Price of $1272. If Gold futures expires at the end of the hour above $1272, the return is 300%. Put Barrier Options allow traders to trade barriers below the current price.
Barrier Options are available for professional traders trading $250, $500 or $1000 stakes on the StartOptions platform.
Binary Options Market Outlook – August 23 – 27
Will the US market continue to see red? Corporate activity looks to pick up the slack in growth.
Let’s see how the US markets react to continued uncertainty and last week’s bearish sentiment. U.S. stocks declined Friday on light summer trading volumes, sending the Dow Jones Industrial Average to its second consecutive week of losses as concerns about economic growth weighed on investor sentiment. Offsetting concerns about the sagging recovery in the job market is a resurgence in M&A activity – as corporations in a stronger position to make strategic acquisitions are starting to move again.
Major economic reports to keep an eye on include Tuesday’s Canada core retail sales report (m/m), Wednesday’s Germany Ifo Business Climate and US new home sales, Thursday’s UK Nationwide Building Society’s home sale prices and US unemployment claims, toppping off with Friday’s UK revised GDP and comments by US Fed Reserve Ben Bernanke.
Lets look at how this will affect the major markets:
Stocks:
Leading the Dow’s decline Friday, Hewlett-Packard Co. dropped 2.2%. The technology giant’s profit climbed 6.1% on higher world-wide sales in its fiscal third-quarter, its final quarter with Mark Hurd at its helm. But investors have been nervous about H-P since Hurd left the company two weeks ago. Looks like things might be brighter on the other side of the pond — European stocks were trading up in early action on Monday, led by the financial and mining sectors, with SABMiller and HSBC Holdings in focus following deal talk. Keep an eye on European heavyweights with exposure to Asian markets. Overnight, Asian shares traded mostly higher while Australian stocks were steady.
Currencies:
The Australian dollar gained back most of its losses against its U.S. counterpart Monday, after falling in the wake of Saturday’s indecisive weekend election. The Aussie was buying 89.10 U.S cents, down 0.2%, after Saturday’s general election led to what will likely be the first hung parliament there in 70 years.
The Euro has dropped about 40 pips lower following weaker than expected German advanced Manufacturing PMI figures breaking through Asian sessions trading range floor, at 1.2680, to reach a fresh session low at 1.2680.
Commodities:
Despite opening the week under $74.00 a barrel, the front-month crude contract has recovered slightly over Asia on a weakening US dollar. So far the contract for October delivery trades at $74.19, yet remains fragile near 6-week lows due to last week’s disappointing US data releases.
The biggest factor weighing heavily on crude oil as of recent has been the sluggish economic recovery in key economies with typically high energy demand. In the US, the world’s leading energy consumer, job growth is much slower than analysts’ were predicting with initial jobless claims jumping to a 9-month high in 500,000 this past Thursday. Larger than expected crude inventories is also a contributing factor as stockpiles unexpectedly rose last week.
Binary Options Gameplan – 15-07-10: GBPUSD looking Bullish
The GBPUSD is looking very bullish, as seen in the daily chart below. After finding support on the 21 day moving average (red line), the GBPUSD then entered a bullish swing, indicated below the chart by the stochastic analysis. Now the GBPUSD is setting up a Bull Flag pattern (yellow box), which can lead to higher prices and great CALL Binary Options trading opportunities.
