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ProfitBinary Trading Alerts for 6-27-2012

BUYS: 1 Alert

SELLS:   1 Alert

View the Trade Alerts after the jump...

NOTE: 40 point alerts are 2 unit trades, 30 and 20 point alerts are 1 unit trades.

Buy Alerts: 

Sell Alerts:

    It was another odd day in the markets. The S&P was overall up on the day but vary few trades actually surfaced. One thing to watch out for that we have touched on is defining the trend. Currently the market is extremely difficult to define as we enter the second half of the year. 

More news comes out tomorrow morning on pending home sales and of course we have more supreme court rulings on Thursday. 

Keep an eye out for trend reversals like the one today when a Dogi formed at the top Bolinger Band. The Dogi is only as strong as the last bar. The last bar was a large green on meaning there is a strong chance that price will head the other way. 

The market range today was a total of 10 points. Meaning that it did not move a lot at all and for the majority it was a boring day. Economic woes of Europe still loom on US Markets and many think that a second dip recession is eminent.

Things to look out for this week are obviously what ends up happening in Europe. The Greek finance minister resigned today due to health related issues leaving many in more confusion.

Other news set to come out this week is a key Supreme Court ruling. One in particular is the health care reform bill. This will affect millions of people as well as companies. This is set to come out on Thursday. On the brighter side the US Housing market is on the rise but unemployment remains high.

Trade cautiously throughout this week and identify the trends before making any trade. 

ProfitBinary Trading Alerts for 6-26-2012

BUYS: 2 Alerts

SELLS:   4 Alerts

View the Trade Alerts after the jump...

NOTE: 40 point alerts are 2 unit trades, 30 and 20 point alerts are 1 unit trades.

Buy Alerts: 

Sell Alerts:

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ProfitBinary Trading Alerts for 6-25-2012

BUYS: 0 Alerts

SELLS:   4 Alerts

View the Trade Alerts after the jump...

NOTE: 40 point alerts are 2 unit trades, 30 and 20 point alerts are 1 unit trades.

Buy Alerts: 

None.

Sell Alerts:

Today was a disastrous day for the market.  More bad news struck the market dropping nearly everything.

To go off what I talked about yesterday, do not trade the news. However, after the news settled trades were as valid as ever. Trading with the trend paid huge dividends. If you look at the chart below the obvious trend is down so when that happens, don't consider buying off the bottom Bolinger until it shows signs of a reversal in trend. Each time price hit the top of the BB it dropped right down.

Overall the S&P 500 dropped over 30 points. The blue circles on the chart mark where the sells off of the top BB would have been valid. Again you can see there were buy setups as well but with the trend being directly down there is no reason to buy. 

ProfitBinary Trading Alerts for 6-22-2012

BUYS: 1 Alerts

SELLS:   5 Alerts

View the Trade Alerts after the jump...

NOTE: 40 point alerts are 2 unit trades, 30 and 20 point alerts are 1 unit trades.

Buy Alerts: 

Sell Alerts:

ProfitBinary Trading Alerts for 6-21-2012

BUYS:  0 Alert

SELLS:    1 Alert

View the Trade Alerts after the jump...

NOTE: 40 point alerts are 2 unit trades, 30 and 20 point alerts are 1 unit trades.

Buy Alert: None

Sell Alert: AUD/USD - 1.02100 - Daily - 20 Points