Trades Placed by OptionFair
EUR/USD
Based on Doug’s analysis of the EUR/USD, the strength of the USD creates an investment opportunity in the following positions: “Low” or “Below”, “Touch Down” or “No Touch” on the EUR/USD. With optionFair™ binary options trading platform, I traded $1,000 on the “Touch Down” instrument. This kind of option has a return of 77% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1,770 on my investment. The market price for EUR/USD at the buying time (11:26) was 1.35339 and the target price was 1.35244. The EUR/USD price hit the strike price in 5 minutes, and I won the position, earning $770.
.jpg "EUR/USD Trade Placed")
GBP/USD
If the Queen woke up on the wrong side of the bed, a “Touch Down”, “No touch” or “Low” will fit in just right. With optionFair™ binary options trading platform, I traded $1,000 on the “Low” instrument. This kind of option has a return of 85% if the option expires “in the money”, so if the signal is correct, I should see a return of $1,850 on my investment. The market price for GBP/USD at the buying time (11:21) was 1.54569. In order to win the position, the option must expire beneath target price. Although the option was moving in the right direction, I chose to close the option prior to expiry time and collect some of the profits. On this particular case I earned $179.24 in less than 20 minutes.
.jpg "GBP/USD Trade Placed")
See how this market analysis translated into profitable trades here.