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DENIAL, FEAR AND PANIC IN THE MARKET

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By: Adam Stone
July 3rd 2014 4:19am GMT, London UK
 

Denial, Fear and Panic in the Market – USD is about to fall?

With Wall Street seemingly as flat as a pancake prior to the non-farm payrolls there is a major fear sweeping through the Asian session this morning, especially as private sector numbers have failed to inspire confidence of any sort. While clinging on to some modest gains the ever favored USD seems to be faltering against a EUR and Sterling that seem to be able to hold their value, with market analysts predicting a strong and solid six months of price to come.

In the Asian market Chinese investors have been seen applying a strong power play, hustling and bustling into an enriched Hong Kong market, could this spell disaster for the USD? Many out there are predicting a historic fall from grace for the world’s favorite currency. In recent times currency traders have been seen to almost predict the future when it comes to the rhythmic rise and fall of the daily price.

Binary Options traders have a real banquet of opportunity to trade with this week. Historical lows and historical highs are a plenty with many traders cashing in with simple end of day, end of week and end of month puts and calls. Many are utilizing the short and long term expiry sets, combining simple instincts and opinions to smash their way to ever increasing gains with extremely high returns per trade.

Today the hot picks to be aware of would certainly be the ever present EUR/USD and GBP/USD with a large majority taking CALL positions, banking on the inevitable deterioration of the USD as it waits feverishly for the payroll data to come. Those with a liquid balance and aggressive nature seem to be achieving exceptional results as of late, with record profits being recorded and published by the GOptions finance team. As always support is at hand for any and all traders wishing to get stuck in. Not to mention a beautiful range of summertime promotions designed to help you get more bang for your buck per trade. As always, invest with confidence, use your opinion to create simple and successful winning trades and of course contact support at any time should you wish to receive some free pro help or guidance.

Happy Trading

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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.
Adam Stone
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