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  1. #1
    Specialist Member TAllen1429's Avatar

    Daily Trading Tips by Terry - Wed 6/5 !!!

    EUR/USD: The single currency weakened initially against the US Dollar earlier this morning as investors adopted a risk aversive stance following more Fed uncertainty.
    However, a weaker-than-expected US labor report has enabled the euro to rally sharply before being rejected at a key resistance level. The pair has now retracted and is currently testing its middle Bollinger band.

    If this level holds, then consider opening a CALL binary option if price jumps above 1.3095.



    USD/JPY:
    The ultra-safe Yen rallied against the greenback earlier this morning with the pair slumping by over 60 pips before the release of a disappointing US labor report.
    Amidst volatile conditions, the greenback managed to rally briefly before beginning to weaken again.

    Look to sell the USDJPY if price now breaks beneath 0.9940.



    GOLD TRADING: This precious metal has been primarily range-trading over-night although gold is expected to gain support during the day from its safe-haven appeal.

    Consider opening a new CALL binary option based on gold, if price can surge above $1,410.00 per oz.



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  2. #2
    Legendry Member Michael Hodges's Avatar
    nice tips , Welcome to CT!

  3. #3
    Administrator Martin Kay's Avatar
    USD/JPY: The ultra-safe Yen rallied against the greenback earlier this morning with the pair slumping by over 60 pips before the release of a disappointing US labor report.
    Amidst volatile conditions, the greenback managed to rally briefly before beginning to weaken again.

    Look to sell the USDJPY if price now breaks beneath 0.9940.
    first tip of the day turned in the money. looking forward to the next positions

    http://forums.binaryoptionsthatsuck....=7574#post7574

  4. #4
    Rookie Member
    Hi, Terry! It is a great you started to post more short term analyzes and trades. I am a big fan of intraday trading and clearly want to learn more on that style. What is your preferred timeframe to trade?

  5. #5
    Specialist Member TAllen1429's Avatar
    Quote Originally Posted by bronks View Post
    Hi, Terry! It is a great you started to post more short term analyzes and trades. I am a big fan of intraday trading and clearly want to learn more on that style. What is your preferred timeframe to trade?
    Hi, I usually use at least one hour.






























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