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Posted on September 29, 2010 | No CommentsForex or currency pairs are one of the categories of assets that you can trade on binary options trading platforms. Many of those that trade binary options have come to the conclusion that this is one of the most attractive types of assets to choose from. For example, the EUR/USD, GBP/USD or USD/JPY. You can trade binary options and these currency pairs at ease with some basic knowledge of the financial markets.
Posted on September 28, 2010 | No CommentsWhen we speak of forex binary options, we refer to currency pairs. For example, the EUR/GBP, EUR/USD or GBP/USD. The way forex binary options work is really quite simple. If you foresee that your option expire above above the strike price or current level at the expiry time, then you would place a Call option. On the other hand, if you foresee that your option will be below the strike price or current level at the expiry time, then you would place a Put option. With forex binary options, there is also the 2 terms: in the money, and out of the money. The first of these refers to the forex binary option going in your favor, and the second of these refers to the forex binary option going against you.
Posted on August 16, 2010 | No CommentsA binary option is when a buyer enters into a contract to purchase an underlying asset at a fixed price at a pre-determined time in the future.