EUR/JPY
Based on Douge’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’ve traded on a $200 on Touch down instrument. This kind of option has a return of 72% if the option expires “in the money”, which means I’ll get a return of $144 on my investment. The market price for EUR / JPY at the buying time (11:57) was 105.035 and In order to win the option- the market price should touch the value of 104.889. It took me just 8 minutes to make $108.
GBP/USD
Due to a high volatility in the markets, espically in GBP/USD, volatility sensitive instruments such as: “Touch”, “Touch down” and “Out” are suitable for trading. With optionFair™ binary options trading platform, I’ve traded on a $200 on Boundary instrument (choosing out). This kind of option has a return of 70% if the option expires “in the money”, which means I’ll get a return of $144 on my investment. The market price for GBP/USD at the buying time (12:40) was 1.5755 and in order to win the option- the market price should be out of the range 1.5766-1.5742. Although the option was moving on the right direction towards the touch point, 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 40% of my profit in less than 30 minutes.