Trades Placed by OptionFair
EUR/USD
Due to a high volatility in the markets, especially in the EUR/USD, volatility sensitive instruments such as: “Touch”, “Touch down” and “Out” are suitable for trading.
With optionFair™ binary options trading platform, I traded on a $300 on Boundary instrument and chose “Out”. This kind of option has a return of 80% if the option expires “in the money”, which means I could get a return of $240 on my investment.
The market price for EUR/USD at the buying time (11:19) was 1.3685 and In order to win the option- the market price should be below 1.36790 or above 1.36925.
The option expired at 1.36738, which means I earned 240$ in just 11 minutes!
EUR/JPY
Based on EUR/JPY Doug’s analysis, it seems that the weakness in the EUR creates an investment opportunity in the following positions: “Low” or “Below”, “Touch down” or “No touch” on the EUR/JPY.
With optionFair™ binary options trading platform, I traded on a $300 on the Low instrument. This kind of option has a return of 85% if the option expires “in the money”, which means I could get a return of $255 on my investment. The market price for EUR / JPY at the buying time (11:33) was 104.639 and In order to win the option- the market price should be lower at the expiration time.
Although the option was moving on the right direction, I’ve chose to close the option prior to expiry time and collect some of the profits. On this particular case I’ve earned over 55% of my profit in less than 20 minutes.
