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  1. #1
    Specialist Member TAllen1429's Avatar

    Daily Trading Tips by Terry - Mon 10/6 !!!

    Recommendations:

    Use an expiry time of 1 hour plus.
    Risk no more than 2% of your account balance.
    Tips are tradable until 4.00pm EST today

    EUR/USD: Improving investor sentiment helped the US Dollar to strengthen against the Euro earlier this morning. However, after bouncing against its lower Bollinger band, the pair has rallied strongly in the last couple of hours.

    As such, consider opening a new CALL binary option based on the EUR/USD if price surges above 1.3245.

    USD/JPY: This pair has been climbing within a well-defined bullish trend this morning and its currently testing its upper Bollinger band.

    Buy the USD/JPY if price can sustain a clear break above 98.95.

    Gold Trading: Following its dramatic collapse last Friday, gold is has rallied overnight after bouncing against its lower Bollinger band.

    Consequently, look to execute a CALL binary option using this precious metal as its underlying asset if price can break above $1,395.00 per oz.

    AUD/USD: The Aussie slumped sharply against the US Dollar at the start of the new trading week. However, after testing and being firming rejected by an important support level, the AUD/USD has rallied and is currently testing its middle Bollinger band.

    Consider buying this currency pair if price can attain a clean break above 0.9500.

  2. #2
    Specialist Member TAllen1429's Avatar
    USD/JPY tip has just been activated.

    Executed a CALL binary option on by own account.

    Opening Price: 98.95
    Expiry Time: 1 hour
    Payout Ratio: 80%
    Wagered 2% of equity

  3. #3
    Moderator Kolyo's Avatar
    Quote Originally Posted by TAllen1429 View Post
    USD/JPY tip has just been activated.

    Executed a CALL binary option on by own account.

    Opening Price: 98.95
    Expiry Time: 1 hour
    Payout Ratio: 80%
    Wagered 2% of equity
    Great entry Terry! You catch the move exactly when the price is jumping. I hope the one hour till expiry will be just enough to close your trade successfully in the money.

  4. #4
    Specialist Member TAllen1429's Avatar
    Wow, that was close.

    The trade closed at 98.962 and finished 'in-the-money'. I collected a payout of 80% profit.

    The USD/JPY surged after entry upto 99.25 but then slumped with 10 minutes to go below the opening price.

    A late rally saved the day.

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