Monthly Archives: October 2010

Binary Options Signal AUD/USD 10/27/10

The Australian dollar has been the stalwart of the currency world as the RBA moved rates from 2.5% to 4.5% during this recent tightening cycle.  The economy is producing a robust number of jobs, and the GDP continues to impress investors.

In September, the Australian economy adding 49,500 new jobs, more than double the 20,000 jobs predicted by analysts. TheRecently released low unemployment rates have pushed the Australian dollar to close parity to the US dollar.  The rise in employment was driven by an increase in full-time employment, leaving Australia’s unemployment rate unchanged at 5.1 per cent in September. Full-time jobs rose by 55,800 to 7.984 million in September, offsetting a fall of 6,300 part-time positions during the month. Continue reading →

Binary Options Signal GBP/USD – 10/20/10

The pound has moved off its highs near 1.60 and has created a situation that either end of the current range could now create a trading opportunity.

The increase in interest rates by the Peoples Bank of China has created some havoc in the currency markets, which has enabled the dollar to rally back from its recent lows.  The pound now has solid resistance at the 1.60 level, which has allowed shorts to pile on.  The momentum in the trade has taken the RSI below 50 for the first time in 2 months.  A break below this level, will lead to downward momentum in the currency pair.

The UK released a housing report on Monday that was better than expected, but for the most part, the economic data out of the UK has been mixed.

The BoE Minutes from the October meeting, as expected, showed a three-way split with seven members voting for unchanged policy, while Posen and Sentance were the outliers.  In particular, Andrew Sentence voted for a 25 basis point rate hike and Adam Posen voted for an extension of QE by £50 billion to £250billion.  Most of the MPC said it was ready to act in either direction, highlighting both downside and upside risk to inflation.  And yet some of the MPC members felt that chances of more stimulus being needed has increased in recent months.  U.K. September public sector net borrowing came in worse than expected, following weak August numbers. Net borrowing was £15.6 billion, higher than the market consensus of £14.5 billion. Overall, September data highlight that U.K. public sector net borrowing remains high, though budget-tightening measures are likely to bring down the borrowing need next year. However, focus is now on the Comprehensive Spending Review later today.  The chances of another round of QE are small but still probable and the outlook for UK growth and inflation will be paramount.  Overall, the MPC minutes and spending figures is a clear negative for sterling.  If QE does appear, the pound will break to the downside and follow the dollar to lower levels against most currencies.

The trade is to sell the pound on a daily close below 1.5550.

Binary Options Signal 10/11/10 S&P 500 Golden Cross

The S&P 500 Index futures are about to move higher based on a technical signal that has shown a lot of promise.

Historically, when the 50-day moving average of the S&P 500 futures rolling contract crosses above the 200-day moving average of the S&P 500 futures rolling contract, the results are positive and very impressive.

Know in the industry as the “Golden Cross”, the moving average crossover shows positive returns 83% of the time compared to a loss 17% of the time.  Since 1982, the “Golden Cross” has occurred 12 times.  The markets has moved higher 10 of those times, by an average of 27 points (with a high of 71 points and a low of 31 points – compare to an average decline of 5 points) when analyzing the returns approximately 1 month post the occurrence.  The returns are positive almost from the occurrence, but the real bang occurs between 23 and 30 data points after the crossover. Continue reading →

Binary Options Signal – Nasdaq 100 – 10/13/10

The equity markets are beginning to take off and the tech sector seems to be the leader of the pack.  There are a number of reasons at the beginning of the fourth quarter to climb aboard, as the Nasdaq 100 moves out of the station.

First from a technical standpoint, the Nasdaq 100 has started breaking out. Continue reading →

Our Track Record – Update 10/12/10

Hi everyone,

Below you can find a complete record of Binary Options Trading Signals that we have released. Signals are organised per date released and are either part of our free or extra binary options signals service. In the case of extra signals that have not yet expired you may see a ??? under the specific asset involved. A N/A in the Result column denotes that the signal was not triggered by the markets. An “Active” denotes that the signal is still active at the time of writing this post.

Date Type Asset Result
08/12/10 Free EUR/USD Out of the money
08/18/10 Free WTI CRUDE N/A
08/31/10 Free Silver In the money
09/08/10 Free EUR/JPY N/A
09/13/10 Extra AUD/USD In the money
09/15/10 Free USD/JPY In the money
09/21/10 Free EUR/USD In the money
09/27/10 Extra GBP/??? Still Active
09/29/10 Free Copper In the Money
10/04/10 Free WTI Crude Active
10/11/10 Extra S&P 500 Active

As you can see from the table above our signals expire in the money over 80% of the time with 5 out of 6 signals that are no longer active expiring in the money. (83.3%)

Binary Options Signal – GBP/USD 09/27/10

The Pound has been a difficult currency to track.  Recently the moves in the Sterling have been volatile as investors are trying to determine the future direction of the UK economy.  Recently the UK data points have pointed to a weakening economy.  Over the weekend, the health of the UK housing market was again cast in doubt, ratcheting up concern about the prospects for the economy as a whole as the government embarks on its program of steep budget cuts. Continue reading →

Binary Options Signal – Crude Oil 10/04/10

Petroleum prices moved up rapidly last week, and have created a technical opportunity to initiate a binary options trade.

The real move in the petroleum market has come from distillates, or heating oil, which is one of the largest components of the distillate complex. Continue reading →