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Tuesday, 10 July 2012

Binary Options System

Binary Options System Gold Burst Review

Binary Options System GOLD BURST by Chris Kunnundro provides a fantastic way to trade Binary Options (BOs) in under 20 minutes a day at a time that is convenient to you. The time is 8 AM EST. This binary options system specializes in trading gold futures. If you have been following the market, you must be knowing that the gold market is in an unprecedented uptrend for the last many year.

The primary reason is the financial uncertainty about the US Dollar and EURO that is making the investors seek safe haven in gold. Gold prices reached an unprecedented historical high level of almost $1,500 per ounce few months back before making a retracement. Gold prices are now hovering around $1,300 per ounce.

But this is no surprise. Markets never move in straight lines. Prices will never trend in a straight line. Prices rise for sometime making investors jittery. When they reach a level that the investors think to be overbought, selling starts. This sets in motion a retracement in the market. This retracement continues till the market becomes oversold. Investors now think the prices to be cheap and start buying again. Prices start to rise again. This cycle continues.

This is exactly when is happening in the gold market. Prices rise. They reach a level making gold investors jittery. They start selling. Prices fall. Reach a level that investors think to be cheap, they start buying again. Whatever, as a trader you are not in the market long term. You only want to profit from this volatility in the prices. This binary options system GOLD BURST is ideal for such type of traders who want to profit from the volatility in the gold market.

Suppose, gold is trading at a price of $1,345 per ounce. You think that gold prices will be $1,355 per ounce by the end of the day. It is 8 AM EST. You place your bet by buying a gold futures binary options contract for $15 per contract with expiry of 1;30 AM EST and strike price of $1,350 per ounce. Suppose, at 1:30 AM EST, gold prices are indeed $1,352 per ounce. You made $100 per contract. Your net profit will be $85 per contract.

Suppose, you had bought 10 contract costing you $150. You made $850 net profit in just a few hours. This Binary Options System GOLD BURST comes with 30 days money back guarantee. It takes only 20 minutes to trade. You can open a binary options demo account and practice with this system for 30 days and see how much it makes for you. If not happy, you should go for a refund.

Please visit www.tradingninja.com for more information about binary options systems.

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