Tip from the Geek – Top 7 Binary Options Trading Tips Hit List 10-15/9/2012
Easy to understand Binary Options Trading Advices. Try them Yourself!
The Markets Are Up On Global Slowdown
The latest economic data released from China show that the world’s largest economy is still in slowdown mode. This, plus the Eurozone recession has the markets giddy on hopes of QE and economic stimulus. If the world’s banking leaders decide that more fiscal support is needed than what is already there it means the global economy is in danger and is actually a bad thing. Despite this the markets are gearing up for a rally, one that may be the last hurrah.
China Is At Critical Juncture
Hang Seng
Entry = below 19,900
Call/Put = Call
Expiration = end of week
My Advice in 50 Words
China’s slowing economy and expected fiscal stimulus are at a critical turning point. The Chinese economy has slowed far more than expected already and has given any sign of turning. The Hang Seng traded moderately higher today on the expectation of impending stimulus but did not cross above its resistance of 20,000. I think relief will carry the index higher but may not be enough to keep it higher.
Europe Flat, Eyes On The Fed
FTSE 100
Entry = below 5800
Call/Put = Call
Expiration = end of the week
My Advice in 50 Words
European shares entered the week flat, eyeballing key economic events later in the week. In Europe the ECB meets on some key decisions and in the US all eyes are on the FOMC as they also meet in order to make decisions on QE. The way I see it is like this, if the markets get QE then yay! Stimulus! And if they don’t get QE then yay! Strength! At least in the short term. I think the European markets are moving up but I don’t want to hold it for more than a week.
Spain Charges On
IBEX
Entry = below 7850
Call/Put = Call
Expiration = end of the week
My Advice in 50 Words
The Spanish markets have moved up to five month high and levels not seen since earlier in the year. The IBEX has nearly regained the years opening level and is flat for the last twelve months. The ECB’s support and increased bond buying will help this market continue to claw its way higher until the global economic reality takes over the minds of traders again.
Australia Bounces Back
ASX
Entry = Below 4340
Call/Put = Call
Expiration = end of the week
My Advice in 50 Words
The Australian ASX has begun to make a bounce back up from support. The market was driven down last week on weak seeming employment data. The index found support at 4290 and is now moving back up to resistance around 4400. The country is sure to be carried up with the rest of the world and could make a move over 4400.
US Markets Rally Into Bad News
S&P 500
Entry = below 1430
Call/ Put = Call
Expiration = end of the week
My Advice in 50 Words
The US markets rallied last week and made new long term highs. The S&P broke through long term resistance at 1420 and has held that level into the start of this weeks trading. The markets have the FOMC decision baked in and are not really expecting very much from them. The US economy is slow and struggling but is still managing to grow. I expect some volatility once the decision is announced but the S&P should continue higher to its next resistance.
Nasdaq And Techs Lead US Higher
Nasdaq Comp
Entry = below 3100
Call/Put = Call
Expiration = end of the week
My Advice in 50 Words
The tech stocks are leading the US markets higher, why I can’t fathom. Global expectations are weakening and corporate profits from this sector are shrinking. Another reason to question the new highs in the market is a lack of volume. Despite the problems the index is still moving higher and will probably push into new territory in step with the S&P during the short term.
Euro Gathers Strength Ahead Of ECB Meeting
Eur/USD
Entry = 1.2758
Call/Put = Call
Expiration = end of the week
My Advice in 50 Words
The Euro trade is still on and the currency pair Eur/USD is still doing well. The unified European currency made a nice push up against the dollar last week and looks good to keep moving up. The next resistance zone for the currency is right around 1.300, a level the currency could reach this week ahead of or just following the ECB meeting.
That’s it for this week; Thomas will be here next week with fresh trading tips. Meanwhile, we will be testing Thomas’s tips to see what kind of an “expert” he really is. All trading assets and expiry times featured in Thomas’s trading tips are based on AnyOption Binary Options Trading Platform.
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