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  1. #1
    Specialist Member TAllen1429's Avatar

    Daily Trading Tips by Terry - Tuesday 16th July !!!


    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.
    Trade just one Tip at a time
    USA is scheduled to release important economic data at 8.30am and 9.15am EST.

    EUR/USD: The euro strengthened against the US dollar overnight by reversing four consecutive days of losses. The pair surged higher by over 60 pips to decisively break above a key resistance level and its upper Bollinger Band.

    After undergoing a mild correction dip during the last hour, the single currency now looks poised to extend its gains against the greenback today. Consequently, open a new CALL Binary Option constructed on the EUR/USD if price can surge above 1.3145.

    USD/JPY: This US dollar weakened against a basketful of major currencies this morning epitomized by the USD/JPY slumping by almost 70 pips within the last couple of hours. After plummeting below an important support level and its lower Bollinger Band, this pair has just undergone a corrective rally.

    With the USD/JPY now setting a new course downwards, look to sell this pair if price can plunge beneath 99.15.

    GOLD TRADING: After trading a relatively tight range during the last three trading days, this precious metal rallied firmly this morning to break above an important resistance level. Gold is acquiring fresh support as a direct result of new US Dollar weakness.

    Bullion rose to test its upper Bollinger Band during this morning before being assertively rejected by that level within the last couple of hours. After just correcting a severely overbought status, Gold is now reassuming its course higher. As such, execute a CALL binary option using this commodity as its underlying asset following a clean break above $1,292.30 per oz.

    GBP/USD: The British pound strengthened against the US Dollar during the earlier part of today’s session with the GBP/USD climbing to challenge its upper Bollinger Band. However, after being decisively rejected by that level, the pair plunged to challenger its lower Bollinger Band before rebounding higher.

    The GBP/USD has now just broken back above its middle Bollinger Band as the greenback has begun to weaken emphatically against over major currencies within the last couple of hours. With further gains now looking distinctly possible, buy the GBP/USD if price can surge above 1.5150.

  2. #2
    Specialist Member TAllen1429's Avatar
    Gold tip has just been activated.

    Direction: CALL at 10.48 am EST
    Opening Price: $1,292.910
    Expiry Time: 1 hour
    Payout Ratio: 80%
    Wagered: 2% of equity

  3. #3
    Specialist Member TAllen1429's Avatar
    Gold finished @ $1,287.30 at expiration producing an 'out-of-the-money' result.

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