July 14th Binary Options Trading Opportunities

Greeks come to the table and send bill to Parliament

During the weekend, the Greeks agreed in principle to the man’s by European creditors, and simply now need to pass a parliamentary vote to enact new measures. With that being the case, and it looking more and more like that situation may be behind us, at least for the moment, we focus on the chart.

Silver shows extreme weakness

Summer markets actually rallied initially during the session on Monday, but pullback significantly to form a shooting star. Because of this, we feel that a break below the bottom of the candle for the Monday session is reason enough to start buying puts and aiming for the $15 handle. We have no interest in buying calls at the moment.

Oil markets fall again, remain in consolidation

The WTI Crude Oil market fell again during the session on Monday, but remains in consolidation. Because of this, we are buying calls when the market falls for short-term moves. We are also buying puts every time we get a little too close to the 53.50 handle. We will continue to do this until we break out of the present range as denoted on the chart below.

EUR/USD initially rallies, then falls later in the session

The EUR/USD pair initially rallied during the day on Monday, but then turned back around as the markets may not be completely convinced than the European Union has done anything more than “kick the can down the road” yet again with the Greek deal. Because of this, we are watching this market with great interest, but would not be put buyers until we get below the 1.09 handle. In the meantime, if we see the market start to bounce, short-term calls could be utilized.