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  1. #1
    Specialist Member TAllen1429's Avatar

    Daily Trading Tips by Terry - Monday 1st July !!!

    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.
    Trade just one Tip at a time
    Important US economic data scheduled for release at 10.00am EST.


    EUR/USD: Encouraging Japanese data helped the euro to rally against the US Dollar this morning exemplified by the pair climbing by almost 40 pips. After surging higher to test an important resistance level, the EUR/USD has just undergone a minor corrective dip.

    With further euro strength now in the pipeline, consider activating a CALL binary option structured on the EUR/USD if price can climb above 1.3080.


    USD/JPY: The US Dollar strengthened against the Yen overnight by extending its gains for the fourth consecutive day. The pair rose during the earlier part of today’s session to challenge its upper Bollinger Band.

    After being rebuffed by this level, the USD/JPY has retracted slightly during the last couple of hours before rebounding higher. As such, buy this pair if price can now sustain a clean break above 99.80


    Gold Trading: Bullion plunged below its psychologically important level of $1,200 per oz last Friday before rallying strongly later during the session. The precious metal extended its gains during last night to probe its upper Bollinger Band.

    After undergoing a minor correction, gold now looks poised to climb higher. Consequently, execute a new CALL binary option using this commodity as its underlying asset if price can achieve a clean break above $1,249.20 per oz.


    GBP/USD: The British pound weakened substantially against the US Dollar during the earlier stages of today’s session by plunging to probe its lower Bollinger Band. After being emphatically rejected by this level, the pair surged higher to rebound against its upper Bollinger Band in the last couple of hours.

    Following a sharp retraction, the GBP/USD now appears set to weaken further. As such, sell this pair following a clean break beneath 1.5180.

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

    Direction: CALL at 10.05am EST
    Opening Price: 99.801
    Expiry Time: 1 hour
    Payout Ratio: 80%
    Wagered: 2% of equity

  3. #3
    Specialist Member TAllen1429's Avatar
    The USD/JPY lost its upward momentum in the last hour and the trade finished 'out-of-the-money'.

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