Binary Options Trading Signals June 12 through June 16, 2017

The coming week is a busy week, including interest rates from the UK and US Central Bank, inflation figures from Great Britain and the United States, New Zealand GDP figures and retail sales from Great Britain and Canada.

If you are not familiar with our binary options news trading signals then it is important that you read the following explanation carefully. In case you are already familiar with our trading signals, you can immediatly look at the binary options news trading signals for this week at the bottom of this article. 

The binary options trading signals are not intended as a recommendation or advice!

The following binary options trading signals are purely informative for Binaly visitors who are interested in news trading. The binary option signals are purely meant to be non-binding and indicative and not intended as advice. Binaly is therefore under no obligation liable for possible losses resulting from trading these binary options signals.

Always trade the binary options signals first with a DEMO account!

Before you start trading a binary options strategy for real money, we always recommend to trade first with a DEMO account. The same also applies in case you want to try out our binary options news trading signals.

Trading with a DEMO account is equivalent to trading with a regular account, but with the difference that you don’t risk real money. Open a binary options DEMO account with one or more binary options brokers.

Explanation binary options news trading strategy: News trading with an edge

The purpose of this binary options news trading strategy is to take advantage of a market reaction in the event that significant economic figures deviate significantly from what analysts predicted in advance.

We have made a selection of news events that have a major impact on the market, combined with a deviation, with the chance that there will be enough volatility.

An example:

Day: Currency News Event Expectation Deviation Currency Pair Call Put
Friday USD Non-Farm Employment Change 174k 70k GBP/USD 274k 104k

If it turns out that there have been at least 70k or more jobs than predicted, you can take a GBP/USD put option (beneficial for USD) and if there are at least 70k fewer jobs than predicted, you can take a call option GBP/USD (negative for USD).

If the deviation is not met then there is no trade! The chance of a nice price reaction will then be too small.

In the event that multiple economic figures are published at the same time, it is important to see if there are no contradictory signals. If this is the case then you can better stay on the sidelines.

Expiration time: 60 seconds

Since the goal is to take advantage of the initial price movement that takes place as a result of much better/worse economic figures than predicted, it is important to choose a short expiration time.

Important: A good calendar and quick response

With these binary options news trading signals it is important that you have a good calendar where the economic numbers are updated quickly and it’s important that you respond quickly when the deviation is met. Good calendars include ForexFactory and Investing.

Also make sure you fill in all the details beforehand within the trading platform, like the amount you want to invest, the currency pair etc. If you want to be really fast, you can consider subscribing to a news service, so you can get the economic figures even faster.

Tip: Combine strong currencies with weak currencies

By default we will list a currency pair suitable for trading. These are the so-called majors, ie currency pairs which are traded a lot. In order to increase your chances of even better results, you can also choose to link strong currencies to weak currencies.

We’ll take the example above again. Suppose the EUR is very weak overall, while GBP is very strong. In that case, your risk of a good result is even greater if you take a EUR / USD option with a positive deviation and, if a negative deviation takes place, a call option GBP / USD.

Although your chances of winning your trade will be even greater, this method requires more operation speed. If you are not comfortable yet, you may want to follow the standard recommendation. Thanks to the minimum deviation you will notice that the win rate is already very high.

The binary options signals for the coming week:

*** The numbers mentioned in the Call and Put options boxes are the minimum values based on the minimum deviation that should be met. If the deviation is even greater, this is of course only more favorable.

Tuesday, June 13, 2017 :

Currency News Event Expectation Deviation Currency Pair Call Put
GBP CPI y/y 2.7% 0.3% GBP/USD 3.0% 2.4%

Wednesday, June 14, 2017 :

Currency News Event Expectation Deviation Currency Pair Call Put
USD Core CPI m/m 0.2% 0.2% GBP/USD 0.0% 0.4%
USD Core Retail Sales m/m 0.2% 0.5% GBP/USD -0.3% 0.7%
USD Federal Funds Rate <1.25% 0.25% GBP/USD 1.00% 1.50%

Thursday, June 15, 2017 :

Currency News Event Expectation Deviation Currency Pair Call Put
NZD GDP q/q 0.7% 0.3% NZD/USD 1.0% 0.4%
AUD Employment Change 9.7k 30k AUD/USD 39.7k -21.7k
GBP Retail Sales m/m -0.9% 0.5% GBP/USD -0.4% -1.4%
GBP MPC Official Bank Rate Votes 1-0-7 2 Votes GBP/USD 3-0-5
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