Trading the News: The Cyclical Strategy for Identifying Bullish Patterns in Binary Options
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Trading the News: The Cyclical Strategy for Identifying Bullish Patterns in Binary Options
February 1, 2013Seasoned binary options traders know that there are certain dates or events that have a repetitive or cyclical nature, and once these events take place the market reactions are almost always the same. This makes things more or less predictable, and this is also when opportunity presents itself and a lot of money can be made. The only thing that’s left is to identify the entry points, beware of traps, and have a reversal (exit) strategy ready. The following is a very partial list of events that trigger cyclical or known trading patterns: Non Farm Payrolls: The non-farm payroll employment report …
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August 27, 2012The Nonfarm Payrolls report is considered to be one of the most influential indicators on the financial trading calendars for traders residing in the US as well as Non-US traders. It is officially released for publication by the U.S. Bureau of Labor of Statistics and represents the delta or monthly fluctuation in the number of U.S. employees officially getting paid. This report excludes the following categories: Government Employees: This is considered a government expenditure and not a contributor of growth. Farm Employees: Due to the unstable nature of this industry payrolls change significantly. Employees of NPOs: NPO’s either don’t pay …
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