FinanceMagnates Tracks Massive Decline In Binary Options Activity FinanceMagnates working in conjunction with CPattern has developed a tracking tool for the binary options industry that is quite telling. Referred to as the FTD or First Time Deposit benchmark this tool tracks not only the number of depositors but the amount and averages. According to them […]
Dollar Index Surges From 18 Month Low The Non Farm Payrolls data was stronger than expected but not all that strong. It came in at 209,000 with positive revision to previous months and right in the markets sweet spot. The number at once reaffirms current economic outlook and relieves the market of some near term […]
Near Term Weakens But . . . The US dollar weakened Friday morning after the release of US 2nd quarter GDP data. The data was strong at 2.6% but only as-expected and there was a downward revision to the previous month which seemed to accelerate the near term down trend. By mid morning the tables […]
There was a small market rally last week – looking ahead, investors will be keenly watching these upcoming data releases. They are expected to have an impact on the CAD, Euro and US dollar pairs. Tuesday 25th July German IFO Business Climate Index. (08:00 GMT) The German business confidence index reflects the current sentiment among business leaders. Produced by […]
Citrades Shut Down By The CFTC The CFTC revealed charges against Jason B. Scharf this week. The alleged charges include his operation of multiple fraudulent binary options brokerages and working in collusion with affiliate marketer Michael Shah to scam traders of more than $16 million dollars. The companies include a network of shell and front […]
Correlations Are A Two Edged Sword Currency correlation is a big deal in the forex world. It defines the way in which currency pairs move in relation to each other. On one hand there are pairs which share a currency like EUR/USD and USD/JPY and on the other individual currencies which tend to move in […]
AMF Lifting Restrictions, 24Option To Reopen In France 24Options, former flagship brand of TechFinancials, has been able to appease the French AMF and is now permitted to reopen operations in that country. This is a landmark event as the French AMF has been among the most active in working to prevent binary options frauds. Their […]
Israel Cracks Down Again Last year in an industry shaking move the Israeli government banned the marketing of binary options to its citizens by … its citizens. This year it has begun to take action again, moving to ban the marketing of binary options to citizens of foreign lands by Israeli nationals and from within […]
Statistics Say You Should Be Trading Believe it or not the statistics say you should be trading. Not only that, the newest internal trade Data from IQOptions shows you should be trading, what you should be trading and when you should be trading it. As a technician and short-term trader I have to say I […]
SpotOption’s New Digital Contracts, Warnings And More Spotoption just announced the release of their latest innovation, Digital Contracts. The Digital Contracts are another step toward providing the most transparent and regulator friendly binary options trading outside the US. This latest effort combines most of the aspects required by the CFTC and those changes proposed by […]