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 “No Touch” instrument. This kind of option has a return of 77% if the option doesn’t touch 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 (10:47) was 1.33501 and the target price was 1.33557. The EUR/USD price didn’t hit the strike price, and I won the position, earning $770.
EUR/GBP
Since the EUR is reflecting dovish signs “Low” and “Below” positions on the EUR/GBP may be profitable. With optionFair™ binary options trading platform, I traded $1,000 on the “Below” instrument. This kind of option has a return of 70% if the option expires “in the money”, so if the signal is correct, I should see a return of $1,700 on my investment. The market price for GBP/USD at the buying time (10:33) was 0.85952. In order to win the position, the option must expire beneath target price, which it did. I earned 70% on my investment in 27 minutes.
