Title: Secrets of the ID Card Industry
1Multi Level Marketing Pay
As much as possible, void trading binary options
when you are in an emotional state.Study the
graphs for prolonged periods to have a better
view of its behavior before starting a trade.If
you ever come across a trade offer of an early
close for an amount that is profitable, then done
think twice and take it.Always look out for
drastic changes in the news. This way, you get to
understand better the root cause and can become a
great weapon that can help you corner the market
when it rallies or crashes.If you are a beginner,
it is best to opt for a trading platform that is
the most popular - the ones that are being used
by experienced traders.Always be sure to set
aside an amount specifically for trading. This
strategy is important and effective in setting
limits and protecting your financial
pool.Although binary trading is just a prediction
of the market and you can easily increase your
chances of gaining money by managing thought out
strategies and lowering risk factors, it is
important to always increase your arsenal of
knowledge and develop plans that you have
collected through your days, weeks, or months of
experience to further increase the chances of
hitting it big in the trading industry.
2Non-farm payroll (NFP) number is being released
today at the exact same time that ECB President
Trichet begins his press conference, which means
that we could see unusual volatility at the
morning of US hours. The ECB press conference and
the Non-farm payroll report will either
neutralize each other or be a toxic combination
for the US dollar.Trading the Non-farm payroll is
usually very difficult given the inherent
volatility of the currency pair but given the 2
big event risks - the ECB rate decision and the
NFP release.The market currently expects a bad
number, so a negative non-farm payrolls report
will not be enough of a surprise. The current
forecast calls for 60k jobs to be shaved off US
payrolls. If payrolls come any where near -90k,
the dollar would collapse against the Euro as the
market questions the viability of a 2008 rate
hike by the Federal Reserve. If payrolls on the
other hand are better than -40k, it suggests that
the labor market is bad but not as bad as
everyone may have feared, which would be dollar
positive.
3Currently I am holding 2 forex positions 1.
Shorted 100,000 NZD/USD at 0.7605, stop at
0.7645, target level at 0.7570. Current price is
0.7604, unrealised gain is US6.Bought 100,000
USD/CHF at 1.0154, stop at 1.0120, target level
at 1.0200. Current price is 1.0159, unrealised
gain is US58.22.Since I do not know the outcome
Non-farm payroll and the ECB press conference,
there are a few ways to reduce my risk a) I can
close my positions before the announcement but
miss out the opportunity to profit when my
initial view is correct. b) I can adjust my stop
closer to my cost level but the great volatility
from post NFP announcement can easily trigger
stop to my positions. c) I can hedge my position
using binary options.
4Since I had shorted NZD/USD, I had bought Over
for the binary option. So this means that in the
situation that NZD/USD rises, I lost money from
my convention forex position, at least I still
win some money from my binary option.I had bought
US80 for NZD/USD Over trade for Daily
expiration, strike price is 0.7649, odds is 3.
This means if NZD/USD goes above 0.7649 by 5am
China time, I will win US240. If not I will lose
US80, but I may gain much more from my forex
position.I had done the same for USD/CHF. App
Coiner Review Since I had bought NZD/USD, I had
bought US80 Under for the binary option. So this
means that in the situation that USD/CHF falls, I
lost money from my convention forex position, at
least I still win some money from my binary
option.I had bought US80 for USD/CHF Under trade
for Daily expiration, strike price is 1.014, odds
is 1.78. This means if USD/CHF goes below 1.014
by 5am China time, I will win US142.40. If not I
will lose US80, but again I may gain much more
from my forex position.Currently I'm working as a
trader in a hedge fund. Previously I was working
as a commodity specialist in a bank, advising
high net worth individuals and institutions on
commodities trading. https//www.linkedin.com/pul
se/app-coiner-review-scam-legit-system-james-austi
n