Binary Options Signals and Forecast for March 8
First of all, we congratulate all women on the holiday. Today we just need to remember the rule of risk management “Do not trade on emotions”). Despite the holiday, we continue to trade and look for signals for binary options.
Major news events
- JPY GDP (QoQ) (Q4)
- GBP Speech by Bank of England Governor Carney
Gross domestic product (GDP) is a general measure of economic activity and is a key indicator of the health of an economy. The quarterly dynamics of GDP percentages shows the growth rate of the economy as a whole.
Higher-than-expected readings are seen as a positive/bullish direction for the JPY, while below-expected readings indicate a negative/bearish market for the JPY.
Check all the economic news and prepare for news trading.
Signal for EUR/USD option
Purchase of a CALL asset
. Setting Fibonacci targets of 1.1023 1,1024 1,1027
Signal for USD/JPY option
Buying a PCI asset
. We determine the Fibonacci targets of 112.80 112,90 112,96
Signal for EUR/JPY option
Buying a PCI asset
. 124,34 124,44 124,50
Due to the rise in oil prices, this commodity is very interesting for trading today. We expect a correction.
Pay attention to index trading. Knowing the general direction and behavior, it is possible to find a mutual connection with the movement of currency and goods. Such research will help traders expand their trading assets.
Use options indicators and strategies.
We conducted a survey among our subscribers. The majority of traders change binary options strategies, more than 3 times a week.
Remember that the strategy test must be at least 100. You do not have to open them on a real account, use a demo account.
Summarize and conclude why you have a low score.
Trade and learn!
Tagged with: Binary Options Signals • Binary Options Signals • Binary Options Trading Signals
