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IRAN, OIL, AND OBAMA OH MY

BITCOIN 781.950 11:20 03.12
BitCoin/CNY 5382.550 11:20 03.12
BITCOIN 782.045 11:00 03.12
BitCoin/CNY 5383.210 11:00 03.12
BITCOIN 782.136 10:40 03.12
BitCoin/CNY 5383.835 10:40 03.12
BITCOIN 782.186 10:20 03.12
BitCoin/CNY 5384.175 10:20 03.12
BITCOIN 782.498 10:00 03.12
BitCoin/CNY 5386.325 10:00 03.12
BITCOIN 780.288 09:40 03.12
BitCoin/CNY 5371.115 09:40 03.12
BITCOIN 781.315 09:20 03.12
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As Binary traders can see the price of oil has been similar to the ups and downs of a Coney Island roller coaster. Oil prices fell in Asia Tuesday as data showed global supplies were rising, while traders are also keeping an eye on talks between major powers and Iran over Tehran’s nuclear program

Oil prices fell in Asia Tuesday as data showed global supplies were rising, while traders are also keeping an eye on talks between major powers and Iran over Tehran’s nuclear program.

Today’s oil price held to less than $93 in New York Tuesday with President Barack Obama scheduled to talk to lawmakers about sanctions against Iran. Obama is to meet with the Senate and argue against increasing sanctions against Iran, a sign talks with Iran could culminate in the country’s return to the market as a significant exporter.

Saudi Arabia’s comments that it would not make any sharp cuts to output for two months have fueled expectations of weaker prices to come. Wise binary traders should look for long term trades.

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Adam Stone
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Adam Stone

As COO of GOptions, my first and foremost goal is to provide traders with the most up to date info from the markets. I have been trading the markets since 2004 and have been involved with stocks, binary options, and forex trading since then. I have had no formal market education and pride myself on a self taught approach to everything related to trading. I try to focus though on both the technical and fundamental aspects related to each trading day and bring forward the most important aspects of risk/reward in the market.
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