Today's Trading Tips & Market Analysis - February 11, 2015

Video Length: 00:02:24

Below are todays binary options trading tips – Watch the video for full market analysis

1 – The EUR/USD pair continues to be a market that looks a bit consolidative. Probably between the 1.13 level on the bottom, and the 1.14 level on the top. With that being the case, we feel that being in a larger downtrend suggests that we should be buying puts after short-term rallies. Is exactly what we are waiting on, and would love to sell the Euro via puts somewhere closer to the 1.14 handle. We will ignore bullish momentum at this point in time.

2 – Gold markets tried to rally during the session on Tuesday, but struggled. Because of that, the market looks as if it is one that is probably going to have to take its time to build little bit of a base near the $1220 handle. In that particular region, we would like to buy calls on supportive action as we believe the market will more than likely head to the $1260 level next. Alternately though, if we break above the top of the shooting star from the Tuesday session, that is also a bullish sign.

3 – Looking at the S&P 500, it appears that we are getting a little bit toppy at this point, and as a result we may have to continue pulling back a little bit in order to find value. Because of this we are looking for supportive candles below in order to start buying calls, but we do not want to buy puts as we believe ultimately the S&P 500 will break out to the upside. We believe that the market should go to the 2100 level, and then possibly higher than that given enough time. A move above the 1970 level would be reason enough to start going long via calls as well.

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