Thursday, January 22th, 2015 by Tim Lanoue
When it comes to trading indices online with binary options it can be exceptionally difficult to find a high success rate trading strategy which is why today we are going to cover some extremely effective tips on how to successfully trade the FTSE 100 Index with binary options. Almost every binary option broker offers this asset but I would be willing to stick my neck out there and say that maybe 5% of all binary option traders actually trade this often forgotten indice. These tips can be used by traders of all experience levels and I highly encourage to use these tips when trading the FTSE 100 with binary options.
Introduction to the FTSE 100 Index
For those of you not familiar with the FTSE 100 Index it is an asset that measures the performance of the Top 100 grossing companies on the LSE, otherwise known as the London Stock Exchange. However, when it comes to trading with binary options it is offered in a derivative form and sometimes known as the UK Index among various other binary option brokers.
Public Service Announcements
This is the number one factor to closely watch and take advantage of when considering to invest with the FTSE 100 with binary options. In order to closely observe public service announcements I would highly recommend watching the news on a consistent basis, follow an online financial portal like Google Finance or utilize other web-pages that offer live press releases to the public. Press releases that you should be aware of and keep an eye on would be UK Housing Data, UK Inflation Data, UK Gross Domest Product Values, UK Interest Rates, and the value of the Usd/Chf currency pair.
Quarterly UK Earnings
Just like with all countries, the gross earnings produced by that country has a significant effect on their markets. If the gross earnings of a country are poor you can probably comprehend that the markets are lower as well and vice versa for strong gross earnings. Keeping an eye on quarterly UK earnings is a great way to predict how the FTSE 100 may react.
Trading the FTSE 100
Following those tips will be your guidelines to profiting online with binary options, when you see that the Quarterly UK Earnings are strong and bullish then you should place a long-term CALL investment and vice versa for poor earnings. When it comes to public service announcements it takes some time get use to in order to see how certain releases make the FTSE 100 react. If the release is announcing good information then it is safe to say that the FTSE 100 price will rise and vice versa for hurtful information.
Becoming a dynamic binary options trader can make a world of a difference for you if you get bored easy with trading the same asset day after day. Following these tips are extremely effective and only slightly time consuming and it more often than not pays off in the long run! If you guys have any questions, comments or suggestions please feel free to leave them below and Mike or I will get back to as soon as possible!