Potential for swing tradesArea of Sell order for a potential Short at around 1.1700 area and for a Long trade at 1.1620 area.
Binaryoptions
Buy trade opportunityBuy trade possible from build up of orders at the 0.8740 area however depending on the Bank of England interest rate decision, this may well be an area for Sell trades.
Interest rate tradePotential for a Buy trade depending on a raise in UK Interest rates making the GBP stronger, looking for Buy orders around 1.32000 and possible Sell orders around 1.33000
Sell OpportunityLarge area between the 1.16500 and the 1.7000 price containing orders for a Sell trade.
Massive area of orders to go ShortSeems an area with great potential for a Sell trad at around the 1.5100 area with a good Buy opportunity at around 1.4990 levels.
Going Long on two areasPotential for two Buy trades with a build up of orders at the 0.7800 and 0.7700 areas.
Good Sell TradeCould be a build up of orders in the area of 0.8980 for good Sell/Short Trade if price is able reach that area in a short space of time.
Two possible quick TradesPotential for two quick trades, with a build up of orders around the 1.3250 area to go Long and orders around 1.3300 to go short.
Buy and Sell TradesWaiting for price to move to the 18.00 for a Sell trade, however two possible Buy trades in the 17.00 area and an even greater build up of orders around 16.80 area
Sell Trade PotentialPossible Sell trade from built up of orders in the 1.1540 area, waiting for price to build up to around that level for orders to be filled.
Possible Sell TradePossibility of a build up of Sell orders around the 93.00 area, how maybe some time before the area is reached.
Chance of a Sell/Put TradeChance of orders in the area of 0.9780 ready to be filled, potential Short/Put Trade.
Sell Trade PossibleIf price can it the 0.7400 level, the is potential to take out orders and retrace back for Sell/Put trade.
Buy Trade PotentialChance of a rebound of price into this area to take out remaining orders, possible Buy/Call potential Trade.
Strong Sell PotentialLarge area of built up order ready to be taken out, ideal for a Sell/Put trade.
Perhaps more long term approachPotential long term trade with a Sell/Put trade at around the 1.2250 level and Buy/Call trade at around 1.2100
EURUSD STRADDLE SPREAD / BINARY TRADEEUR/USD News trading Straddle strategy on Nadex
Limit positions placed at 11PM U.K time (21/08/2017)
All positions were initiated overnight. All contracts expire 3PM EST (8PM UK Time)
Binary Buy > 1.1880
@8.00 Risk $8.00
TP: 55.00
Spread Buy 1.1810 - 1.2060
@1.1830 Risk $20.00
TP: 1.1885
Spread Sell 1.1560 - 1.1810
@1.1794 Risk $16.00
TP: 1.1735
Binary Sell > 1.1740
@92.00 Risk $8.00
TP: 45.00
Max Risk: -$52.00 + -$4.00 (Fees) = -$56.00
Max profit if price hits BUY targets:
Binary Buy = +$47.00 Spread Buy = +$55.00
Binary Sell = -$8.00 Spread Sell = -$16.00 Fees = -$6.00
Total: $72.00
Max profit if price hits SELL targets:
Binary Sell = +$47.00 Spread Sell = +$59.00
Binary Buy = -$8.00 Spread Buy = -$20.00 Fees = -$6.00
Total: $72.00
The figures above are max risk / max profit, I could make anywhere between -$56.00 to +$72.00 on this trade.
I will update around 8pm UK time on the outcome.
