The End of the Day setup overview is a daily set of analyses of potential investment based on the EoD strategy, if you want to find more details, check this link. The series will last exactly two weeks. After this period, on Saturday, September 23rd, I will publish a report summarizing the statistics of this strategy and will show whether or not during this two weeks strategy was profitable.
As announced earlier, on the same day, I will also present another strategy that I will test for another two weeks. This way I will try to test as many investment strategies as possible for binary options in order to find the best and most effective one.
AUDCAD started Tuesday’s session below the PP level (pink dotted line called Pivot), which means that the only scenario we are interested in is bearish. As a result of later gains, price reached the level of PP, moving average of SMA33, and 38.2% of Fibonacci correction where the first supply reaction occurred. A permanent rejection of this zone could open the way to declines. In short term, therefore, it is worth considering PUT option on this instrument.
In case of EURUSD, the first signal to open position has already appeared. Like above, the market started Tuesday’s session below the PP level (pink dotted line called Pivot) which means that the only scenario we are interested in is the bearish scenario. As a result of subsequent slight upswing, the pair reached the PP level and moving average SMA33, where supply reaction occurred. Taking into account the technical breakout of new session minima, we still can consider PUT option on this instrument.
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Almost a textbook signal was observed today on the NZDJPY. Although later increases do not allow you to open CALL option on this instrument, it is worth showing this example as a pattern to look for in the charts.
The market started Tuesday’s session above the PP level (pink dotted line called Pivot) which means that the only scenario we are interested in is the pro-growth scenario. As a consequence of subsequent falls, the price reached the level of PP, moving average SMA33, and 38.2% of the Fibonacci correction from yesterday’s growth, where the demand response occurred. What was later is perfectly visible on the chart…
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