The Bank of Japan Monetary Statement and Rate Announcement can make trading the Yen pairs quite challenging. However, binary options offer a low risk method for trading these high volatile reports.
Trading the Yen Pairs after Bank of Japan Monetary Statement and Rate Announcement
The Bank of Japan Monetary Policy Statement and Rate announcements will be released late tonight. The binary options provide great opportunities for trading this high volatile market report. In this video, Gail Mercer, founder of TradersHelpDesk, provides ideas on how to trade these announcements.
The TradersHelpDesk indicators are offered for TradeStation, NinjaTrader and Multicharts for trading the Bank of Japan Monetary Statement. Traders have the option to purchase the indicators individually or in one of our special packages.
The Create Your Own Package is a great package to start for new traders. You can choose any three indicators for either NinjaTrader 8, Multicharts, or Tradestation. Of course, the package also includes online video training, documentation and templates to get you started.
For more experienced traders, the Silver Package is ideal. It includes all the indicators, plus online video training, documentation and our Skype group.