Hello
I want to trade currency binary options.
There are binary options that expires in 30 mins'
I want to wait for economic news and then see if the actual news is higher than forecast.
As forexfactory say : Usual Effect ( of news )Actual > Forecast = Good for currency;
So I will wait and see if the news forecast was higher than expected ill then buy the currency call option assuming that the price will rise next half hour.
And vice versa.
What do you think?
I want to trade currency binary options.
There are binary options that expires in 30 mins'
I want to wait for economic news and then see if the actual news is higher than forecast.
As forexfactory say : Usual Effect ( of news )Actual > Forecast = Good for currency;
So I will wait and see if the news forecast was higher than expected ill then buy the currency call option assuming that the price will rise next half hour.
And vice versa.
What do you think?