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  1. #1
    Specialist Member TAllen1429's Avatar

    Daily Trading Tips by Terry - Friday 16th August !!!

    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
    USA is scheduled to post important economic data at 8.30am EST.


    EUR/USD: After a volatile session experienced yesterday, the US dollar stabilized against the euro overnight by stemming the losses it suffered on Thursday. The EUR/USD slide lower by dropping just over 15 pips this morning.

    With key economic indicators scheduled to be release by the USA later today, the markets could well experience another turbulent session. As strong results will enable the greenback to extend its recovery, consider implementing a PUT binary option structured on the EUR/USD if price slumps beneath 1.3310.


    USD/JPY: This pair pared the losses it endured on Thursday by rallying overnight. The greenback is now expected to acquire fresh support amid expectations that the Fed will soon start curtailing its qualitative easing support and from the pending release of key USA economic data later today that could outstrip analysts’ forecasts.

    The USD/JPY climbed this morning by rising almost 20 pips to decisively break above its middle Bollinger Band. If this level can now successfully remain intact, buy the USD/JPY following a sustained break above 97.90.


    GOLD TRADING: This precious metal received a substantial boost yesterday amid increasing evidence that the world’s economy is beginning to emerge from the doldrums. However, investor confidence could quickly be reversed if the Fed does commence dampening its monetary easing policies next month.

    After slumping immediately lower by $6 per ounce as soon as the commodity markets reopened this morning, gold has subsequently stabilized by trading a tight channel. Many analysts are now expecting that bullion could come under fresh pressure later today if pending US economic data proves to be better-than-expected. As such, open a new PUT binary option using gold as its underlying asset if price plunges below $1,360.80 per ounce.


    AUD/USD: The Aussie rallied overnight as a brighter global economic outlook is boosting the demand for commodities, such as copper, zinc and gold, etc. As the performance of the Australian dollar is highly correlated to that of the commodity markets, the Australian dollar appreciated against the greenback by climbing 40 pips.

    The pair rose to test its upper Bollinger Band before undergoing a minor corrective dip. Consider buying the AUD/USD if price can now achieve a decisive break above 0.9205.

  2. #2
    Specialist Member TAllen1429's Avatar
    Thursday's Results

    Yesterday's crazy session produced the following string of wins.

    A ‘CALL’ Binary Option was executed, based on the EUR/USD, with an opening price of 1.33258 (13.18 pm EST) which posted a closing value of 1.33402 at expiration (14.18 pm EST) finishing 'in-the-money'.

    A ‘PUT’ Binary Option was executed, based on the USD/JPY, with an opening price of 97.696 (12.46 pm EST) which posted a closing value of 97.459 at expiration (13.46 pm EST) finishing 'in-the-money'.

    A ‘CALL’ Binary Option was executed, based on the GBP/USD, with an opening price of 1.56104 (13.00 pm EST) which posted a closing value of 1.56420 at expiration (14.00 pm EST) finishing 'in-the-money'.

    A ‘CALL’ Binary Option was executed, based on Gold, with an opening price of 1,339.40 USD (12.32 pm EST) which posted a closing value of 1,361.10 USD at expiration (13.32 am EST) finishing 'in-the-money'.

  3. #3
    Specialist Member TAllen1429's Avatar
    Yes, I had a good time yesterday for sure.

    I bet $100 on each of the above tips. As my broker was offering 80% payout on 'in-the-money' results (slightly less for Gold),
    I collected a payout of almost $720 (including the $400 deposits).

    Off on the beer this weekend, I think

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