Trades Placed by OptionFair
USD/CHF
Based on Doug’s analysis of the USD/CHF, the strength of the USD creates an investment opportunity in the following positions: “High” or “Above”, “Touch” or “No Touch Down” on the USD/CHF.
With optionFair™ binary options trading platform, I traded $1,000 the “High” instrument. This kind of option has a return of 81% if the option expires above the strike price which means that if the signal is correct I could get a return of $810 on my investment. The market price for USD/CHF at the buying time (12:33) was 0.90789. The option expired at 12:45 with market price of 0.90854.
EUR/GBP
If the British Pound decides to go up, you can choose the instrument which will follow it through – “Touch”, “No Touch Down” or “High”.
With optionFair™ binary options trading platform, I traded $1,000 on a “Low” instrument. This kind of option has a return of 70% if the option expires below the strike price, so if the signal is correct I should see a return of $700 on my investment. The market price for EUR/GBP at the buying time (13:42) was 0.8688.
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 $300 in less than 5 minutes.
