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  1. #1
    Specialist Member TAllen1429's Avatar

    Daily Trading Tips by Terry - Monday 8th 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


    EUR/USD: The euro managed to reverse its dramatic losses against the US Dollar of late last week epitomized by the EUR/USD climbing almost 40 pips this morning. The pair has rallied in the last few hours so that it is currently probing its upper Bollinger Band.

    If the EUR/USD can now break above a key resistance level; then consider activating a new CALL binary option, using this pair as its underlying asset, if price can surge above 1.2875.


    USD/JPY: The Yen strengthened against the US Dollar during the earlier part of today’s session with the USD/JPY plunging to test its lower Bollinger Band. However, after being firmly rejected by this level, the pair has subsequently rallied strongly.

    The USD/JPY now appears poised to climb higher after price has broken decisively above its middle Bollinger Band within the last hour or so. Consequently, look to buy this pair following an assertive break above 101.65.


    GOLD TRADING: Despite a moderate corrective rally this morning, the plight of this precious metal continues to unfold with its price firmly lodged near a three year low. Investors are currently shunning gold as pending Fed tapering action is causing it to lose its hedging appeal against inflation.

    Bullion is currently challenging its upper Bollinger Band but is recording an overbought status. Consequently, if price is assertively rejected by this level, then open a PUT binary option based on this commodity following a plunge beneath $1,205 per oz.


    GBP/USD: The British pound successfully managed to stem the massive losses that it suffered at the hands of the greenback last Friday following the release of a strong US labor report. The pair rallied by almost 50 pops this morning and is currently pressing against its upper Bollinger Band.

    If the GBP/USD can now surge decisively above this level, then buy this pair if price can break higher than 1.4930.

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

    Direction: CALL at 8.36 am EST
    Opening Price: 1.49299
    Expiry Time: 1 hour
    Payout Ratio: 80%
    Wagered: 2% of equity

  3. #3
    Specialist Member TAllen1429's Avatar
    GBP/USD tip finished at 1.49371 at expiration producing an 'in-the-money' result.

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