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  1. #1
    Specialist Member TAllen1429's Avatar

    Daily Trading Tips by Terry - Tuesday 10th September !!!

    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: The single currency consolidated the gains that it acquired against the US Dollar on Monday by trading sideways within a constricted channel overnight. The greenback is presently attempting to attain fresh impetus after being recently weighed down by the uncertainties surrounding the Fed’s next stimulus moves.

    The pair rose initially to challenge its upper Bollinger Band before being assertively repelled by that level. The EUR/USD subsequently crashed in the last few hours so that it is currently testing its lower band. As a reduction in Syrian tension and a pick-up in the global economy are expected to provide fresh support for the greenback, activate a PUT binary option using this pair as it underlying asset if price slumps beneath 1.3215.


    USD/JPY: The US Dollar strengthen against the Yen for the second consecutive day exemplified by this pair surging by over 60 pips this morning to assertively break above its psychologically important 100.00 level. The Japanese currency is presently coming under pressure as investors are increasing their risk appetite amid improving global economic conditions.

    As such, safe haven assets, such as the Yen, are being dumped in favor of riskier options, such as equities. The pair is currently tracking its upper Bollinger Band higher. As currency specialists are now predicting further Yen weakness today, buy the USD/JPY following a sustained break above 100.40.


    GOLD TRADING: Reducing Syrian tension and the publication of encouraging Chinese economic data has provided a definitive boost to investor sentiment. Consequently, the safe-haven sanctuary of gold was assertively rejected this morning.

    As such, the price of this precious metal crashed instantly by over $16 per oz. after the commodity markets recommenced business earlier today. As analysts are now forecasting additional gold weakness, consider open a PUT binary option constructed on this commodity if price breaks decisively beneath $1,370.20 per oz.


    AUD/USD: The publication of promising Chinese data overnight provided an additional boost to the Australian economy and currency. Consequently, this pair continued to march higher for the third successive trading day in a row as demonstrated by the AUD/USD climbing by over 50 pips this morning.

    The pair initially rocketed higher to probe its upper Bollinger Band before retracting to correct an overbought status. After successfully accomplishing this task, the pair is now resetting its sights on advancing higher. As such, buy the AUD/USD following a sustained break above 0.9310.

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

    A ‘CALL’ Binary Option was executed, based on the EUR/USD, with an opening price of 1.32152 (8.56 am EST) which posted a closing value of 1.32351 at expiration (9.56 am EST) finishing 'in-the-money'.

    A ‘CALL’ Binary Option was executed, based on the GOLD, with an opening price of 1,389.201 USD per oz (9.55 EST) which posted a closing value of 1,388.015 USD per oz at expiration (10.55 EST) finishing 'out-of-the-money'.

  3. #3
    Legendry Member milos's Avatar
    The price of gold fell for a second day because of uncertainty about future monetary easing and reducing tensions of military intervention in Syria.Investors are focused to the riskier instruments.

  4. #4
    Specialist Member TAllen1429's Avatar
    Quote Originally Posted by milos View Post
    The price of gold fell for a second day because of uncertainty about future monetary easing and reducing tensions of military intervention in Syria.Investors are focused to the riskier instruments.
    Yes, the gold tip detailed above for the 10th Sept produced an 'in-the-money' result.

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