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 $850 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 $654.5 on my investment. The market price for EUR/USD at the buying time (09:50) was 1.36691 and the target price was 1.36628. Surprisingly the EUR/USD price hit the strike price in less than a minute, and I won the position, earning $654.5 in less than a minute.
USD/JPY
Due to a low volatility in the markets, especially in USD/JPY, volatility sensitive instruments such as: “No Touch”, “No Touch down” and “In” are suitable for trading this currency pair.
With optionFair™ binary options trading platform, I traded $1000 on an “IN” instrument. This kind of option has a return of 65% if the option expires in the price range, so if the signal is correct, I should see a return of $1650 on my investment. The market price for USD/JPY at the buying time (10:04) was 76.805 and price range was: 76.777 - 76.831. In order to win the position, the option must expire between the two quotes. I earned $650 on my $1000 investment in 11 minutes!
