Tip from the Geek – Top 7 Binary Options Trading Tips List 8-13.10/2012

Easy to understand and deploy Binary Options Trading Advices. Try them Yourself!

 

Global Fears Sweep Markets

The Dow, S&P and Nasdaq all hit multi-year highs last week in the wake of a round of semi-positive economic data.  This week fears of global slowdown caused the markets to open lower, led by Asia and Europe.  The growth fears are nothing new and in no way unexpected and the US indexes responded as I would expect, down a little but still above support. My tips from last week are in the money as of this writing and I continue to stand by my analysis.

 

1. China Downgrade Not Unexpected

Shang Hai Composite

Entry = Below 2100

Call/Put = Call

Expiration = End Of The Month

 

 My Trading Recommendation in 50 Words

China trading resumes following the country’s long holiday with a major downgrade of Chinese GDP expectations.  The good news is that the downgrade is not unexpected and is only catching up with what we already know of the situation.  China is likely at a short term bottom, one that will be aided by US market strength.

 

2. Dow Still Above Supporting

Dow

Entry = Below 13550

Call/Put = Call

Expiration = End Of The Month

 

 My Trading Recommendation in 50 Words

The Dow is entering earnings season.  This quarter earnings expectations are as dichotomous as the economic data.  Earnings are expected to be below previous expectations but still at some of the highest levels ever seen in the major indexes.  The Dow responded to the new Chinese GDP estimates by retreating to support and providing new entries for the month.

 

3. S&P Supported By Fourth Quarter Expectations

S&P

Entry = below 1455

Call/Put = Call

Expiration = End Of The Month

 

 My Trading Recommendation in 50 Words

The S&P has also retreated to a significant support level.  The index crossed that line a few weeks ago with a long white candle and a textbook continuation signal. Since then the line has proved pivotal for the index. Fourth quarter expectations are what will be leading the markets over the next weeks. Third quarter earnings will provide volatility for the markets but fourth quarter outlooks will give it direction.

 

4. Europe Confidence Returning

FTSE 100

Entry = Below 5835

Call/Put = Call

Expiration = End Of The Month

 

 My Trading Recommendation in 50 Words

The European markets have likely hit their lows, at least for a while.  The worst of the European financial crisis is behind us and the efforts of Mario Draghi and the ECB are working.  I’m not expecting much in the long term because of poor expectations next year but the fourth quarter should see some more relief rallying along with the US markets.

 

5. The Euro Will Continue To Stabilizes

Eur/USD

Entry = below 1.30000

Call/Put = Call

Expiration = End Of The Week

 

 My Trading Recommendation in 50 Words

The Euro will continue to stabilize against the dollar.  Global economic pressures are easing, at least in the near term, and will help the Euro to gain support.  The efforts of the ECB to help the Eurozone and its firm stance that the Euro is irreversible helped draw investors last week and will do so into the future.

 

6.Apple, Should I Even Try?

Apple

Entry = below $640

Call/Put = Call

Expiration = End Of The Month

 

 My Trading Recommendation in 50 Words

Well, I’m going to give it one more try.  Apple has retreated far more than I expected but has reached long term support zone at $650. Concerns over iPhone 5 issues may continue to create volatility but this level looks like a good starting point for a rally based on the fourth quarter and Christmas Season expectations.

 

7. McDonald’s Getting Fried

McDonald’s

Entry = Above $91

Call/Put = Put

Expiration = End Of The Month

 

 My Trading Recommendation in 50 Words

McDonald’s earnings have been suffering over the last quarter or so due to inflationary pressures in China, exchange rates and rising food costs.  These are not expected to end soon and will affect third and fourth quarter earnings. I am placing a put on the Golden Arches for this month.

 

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That’s it for this week; Michael will be here next week with fresh trading tips. Meanwhile, we will be testing Michael’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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