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  1. #1
    Specialist Member TAllen1429's Avatar

    Daily Trading Tips by Terry - Monday 22nd 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 is scheduled for release at 10.00am EST.


    EUR/USD: The single currency continued to strengthen against the greenback for the third successive day epitomized by the EUR/USD climbing by nearly 25 pips this morning. The pair rose to challenge its upper Bollinger Band before undergoing a mild retraction to correct a heavily overbought status.

    Currency analysts are now expecting that the euro will improve further against the US Dollar as today unfolds. As such, consider implementing a new CALL binary option using this pair as its underlying asset following an assertive surge above 1.3205.


    USD/JPY: The success of the Japanese Prime Minster, Shinzo Abe, in the weekend elections had a positive influence on the Yen causing the USD/JPY to plunge by almost 70 pips overnight. The pair plummeted lower to test its lower Bollinger Band before being firmly rebuffed by that level.

    After undergoing a moderate rally in the last couple of hours, the pair has now recommenced its course downwards. Consequently, look to sell this pair if price can now sustain a decisive break below 99.55.


    GOLD TRADING: When the commodities markets reopened this morning, the precious metal surged immediately higher by almost $30 per oz. to assertively break above its psychologically important level of $1,300.00 per oz. Gold hit highs this morning that have not been seen for over one month as it continued to recovery from a recent extensive slide which generate a new 3 year low.

    After probing its upper Bollinger Band, bullion has just retreated from an overbought condition before rebounding higher. Consider activating a CALL binary option structured on gold if price can surge above $1,326.20 per oz.


    GBP/USD: Sterling continued to improve against the greenback this morning as the GBP/USD rose higher by nearly 50 pips within its new bullish channel to extend its gains for the sixth trading day in a row. After surging above its upper Bollinger Band, the GBP/USD has just corrected an overbought status by retracting slightly.

    With further GBP strength now in the offering, consider buying this pair if a decisive break above 1.5360 can be accomplished.

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

    Direction: CALL at 10.14 am EST
    Opening Price: 1.32047
    Expiry Time: 1 hour
    Payout Ratio: 80%
    Wagered: 2% of equity

  3. #3
    Specialist Member TAllen1429's Avatar
    US/USD and GBP/USD also been triggered

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