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  1. #1
    Administrator Martin Kay's Avatar

    Tip from the Geek – Top 5 Binary Options Trading Tips List 17-24/12/2012 !!!

    Hi guys,
    We have the new weekly tips by Michael Hodges. Read them carefully before trading this week!

    Originally posted by M. Hodges. For the full trading breifing click here.

    Easy to understand and deploy Binary Options Trading Advices.

    2. Japanese Elections Over, Markets Rally
    Nikkei
    Call/Put = Call
    Entry = below 9800
    Expiration = end of the week

    3.The Yen Is Slip Sliding Away
    USD/JPY
    Call/Put = Call
    Entry = below 83.75
    Expiration = end of the month

    5. The Euro Is Breaking Out To New Highs
    Eur/USD
    Call/Put = Call
    Entry = below 1.3150
    Expiration = end of the month


  2. #2
    Senior Member Grae's Avatar
    Also reading from the same script when it comes to EurUsd and UsdJpy

  3. #3
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by Grae View Post
    Also reading from the same script when it comes to EurUsd and UsdJpy
    i never traded much forex before I got into binaries but I am liking it more and more. The Eur and the Yen are performing as expected (so far anyway)

  4. #4
    Specialist Member RCox's Avatar
    This latest break higher in the EUR/USD is highly encouraging for the long term prospects in the pair. There were some very important resistance levels in the neighborhood of last week's close and this latest run higher is erasing historical supply, long term Fibonacci areas and the 100 week EMA. This makes a drop back below 1.30 much less likely as we move forward.

  5. #5
    Specialist Member marvel's Avatar
    I totally agree with you, RCox! This end of the year period is surprisingly predictable! The EUR/USD move to the north and also the move in the USD/JPY Michael predicted brilliantly! I could only guess what could happen if I followed his advices

  6. #6
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by marvel View Post
    I totally agree with you, RCox! This end of the year period is surprisingly predictable! The EUR/USD move to the north and also the move in the USD/JPY Michael predicted brilliantly! I could only guess what could happen if I followed his advices
    Flattery will get you everywhere....hahah

    Yup, the Euro move looks like it might have some longevity now. I agree with you Richard, lots of resistance, short and long term, has been erased...I see similar resistance getting worn down on the S&P right now. I am seeing 1430 as important new support and will be keeping my eye that now. One thing I did not take into consideration was that earnings season started this week... I know it's really early in the season but Oracle is the one I use to demarcate the beginning of the new season (reported yesterday....stock moved higher) and if my upside surprise scenario has any validity then it will help the santa/fiscal cliff rally into the end of the year and beginning of next....

  7. #7
    Specialist Member RCox's Avatar
    The EUR/USD is falling off some after hitting the psychological order level at 1.33 but the break of 1.3130 was convincing enough to show that the momentum has shifted and that we will see consistently higher levels in the coming months. Clearly stops were run in that area, so conditions might be choppy in the near term as the dust settles and positions start to level out.

  8. #8
    Master Member vinayakm's Avatar

    !!!

    Quote Originally Posted by Martin Kay View Post
    Hi guys,
    We have the new weekly tips by Michael Hodges. Read them carefully before trading this week!
    The tips have been great! Additionally, it is nice to see such positive sentiments being expressed and also substantiated with strong evidence by looking at a cross section of markets and currencies from across the globe. I will have a very merry Christmas!

  9. #9
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by RCox View Post
    The EUR/USD is falling off some after hitting the psychological order level at 1.33 but the break of 1.3130 was convincing enough to show that the momentum has shifted and that we will see consistently higher levels in the coming months. Clearly stops were run in that area, so conditions might be choppy in the near term as the dust settles and positions start to level out.
    Not to mention all this Plan B crap that is shaking everything up. Don't these idiots know that the whole world is waiting for them to get this cliff settled! grrrr...its got me frustrated Richard, very frustrated.

  10. #10
    Legendry Member Michael Hodges's Avatar
    Merry Christmas!

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