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  1. #1
    Administrator Martin Kay's Avatar

    Tip from the Geek – Top 7 Binary Options Trading Tips List 1-6/10/2012 (Part 2) !!!

    Hi guys! Part 2 of Michael's weekly tips is posted below! Let the discussion begin!

    The latest "Tip from the Geek" can be found here.

    Quote Originally Posted by Michael Hodges
    5. Germany Looks To The Future

    DAX
    Entry = below 7325
    Call/Put = Call
    Expiration = end of the month
    My Trading Recommendation
    The German markets have the most to gain from a revitalized and re-stabilized European economy. By supporting the ailing Eurozone economies Germany is helping itself in the long term.

    6. Euro Dollar Beats The Real Dollar

    Eur/USD
    Entry = below 1.2930
    Call/Put =
    Expiration = end of the month
    My Trading Recommendation
    The ECB’s moves to help support lower interest rates in the struggling economies under it’s blanket have also helped to stabilize the euro. The long down trend has come to an end and the shorts are mostly out of the market. I expect the euro to resume its upward movement and retest last months highs.

    7. Apple, The Forbidden Fruit

    AAPL
    Entry = below $675
    Call/Put = Call
    Expiration = end of the month
    My Trading Recommendation
    I can’t stay away from Apple, it’s just too tempting. The stock has been moving up for several years and many analysts still say its under valued. Last weeks sell off and volatility have provided a great chance to play this stock again.

  2. #2
    Master Member Bogdan G's Avatar
    6. Euro Dollar Beats The Real Dollar

    Eur/USD
    Entry = below 1.2930
    Call/Put =
    Expiration = end of the month
    My Trading Recommendation
    The ECB’s moves to help support lower interest rates in the struggling economies under it’s blanket have also helped to stabilize the euro. The long down trend has come to an end and the shorts are mostly out of the market. I expect the euro to resume its upward movement and retest last months highs.

    I agree this is the normal direction a currency would take in a trend and that the down move we saw is just a retracement...but markets rarely do what we expect them to do. Don't get me wrong, I am not contradicting you (besides, the Daily chart shows hidden bullish divergence, supporting a move up), I'm just saying that we must keep an eye on both the long and short side to catch early signs of reversal or continuation.

    All the best
    Bogdan G

  3. #3
    Specialist Member RCox's Avatar
    6. Euro Dollar Beats The Real Dollar

    Eur/USD
    Entry = below 1.2930
    Call/Put =
    Expiration = end of the month
    _______________________________

    I am expecting some diverging price activity when looking at European stock and the Euro into the end of the year. These assets tend to track each other heavily (move in the same direction) but I am expecting this relationship to start breaking down (at least to some extent) as stock markets (like the DAX) did not see anywhere near the same sell-off as the Euro (which approached the credit crisis lows from 2008). I agree the direction in the Euro will be mostly up from here but I prefer to wait for a drop back into the lower 1.27s if you are using monthly timeframes.

  4. #4
    Senior Member Grae's Avatar
    The Euro dollar has actually bounced from the 1.2770 area on the monthly chart. But Im looking out for the resistance at 1.2930 area to give direction to a put in the very short term. 50 pips target.

  5. #5
    Rookie Member
    [QUOTE=7. Apple, The Forbidden Fruit

    AAPL
    Entry = below $675
    Call/Put = Call
    Expiration = end of the month
    My Trading Recommendation
    I can’t stay away from Apple, it’s just too tempting. The stock has been moving up for several years and many analysts still say its under valued. Last weeks sell off and volatility have provided a great chance to play this stock again.[/QUOTE]


    Martin Kay I agree with you here. Apple is really on the roll now but like you said it is a forbidden fruit which is making scared of investing so much into it. I have already gained a little from it as i didnt invest much in it. But i am not tempted to put more into it. I hope it pays off before the "fruit goes bad

  6. #6
    Specialist Member RCox's Avatar
    5. Germany Looks To The Future DAX Entry = below 7325 Call/Put = Call Expiration = end of the month

    My Trading Recommendation The German markets have the most to gain from a revitalized and re-stabilized European economy. By supporting the ailing Eurozone economies Germany is helping itself in the long term.

    _____________________

    I have a bearish view on the prospects for the DAX, as there is little but the "slow recovery argument" in place at the moment to support European stock values. We have seen some nice upward movement but there are not many people left to buy in at the moment and I think a period of profit taking is much more likely than another run higher. We are at some excellent medium term technical levels with strong downside retracements possible.

  7. #7
    Specialist Member RCox's Avatar
    7. Apple, The Forbidden Fruit AAPL Entry = below $675 Call/Put = Call Expiration = end of the month

    My Trading Recommendation I can’t stay away from Apple, it’s just too tempting. The stock has been moving up for several years and many analysts still say its under valued. Last weeks sell off and volatility have provided a great chance to play this stock again.

    ________

    There is little reasoning at this point which suggests that Apple will be significantly lower by the end of the year but now with the major headlines out of the way (iPhone 5 release), the stock is not ready for the same level of attention it got during the run up to current levels. At best, I think we are looking at a period of sideways consolidation but I prefer to sell rallies rather than buy dips. Take weekly PUTS in October.

  8. #8
    Rookie Member
    I think the stock might go down because of the current bugs found on the iphone5 which is actually discouraging people from buying the phone at the moment.

  9. #9
    Senior Member Grae's Avatar
    There has been a steady push on the Aussie Dollar for 300+ pips down to the support 1.0210, from September 14th(1 month). Seeing if this will break towards the level 1.000 for a PUT or will rebound back to 1.0500 for a call.

    Elsewhere Eur JPY is in strong CALL territory, at 101.602. Target 102.+ one day.

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