Trades placed by optionFair
EUR/USD
Based on Doug's analysis the EUR/USD, there is a crucial support level at 1.3440. Support level is often referred to the price level which, historically, a stock has had difficulty falling below. It is thought of as the level at which a lot of buyers tend to enter the stock. If the currency is supported it will bounce between 50-70 pips, and if it breaks that level it is intended to drop 100 pips. The smallest price change that a given exchange rate can make. Since most major currency pairs are priced to four decimal places, the smallest change is that of the last decimal point - for most pairs this is the equivalent of 1/100 of one percent, or one basis point.
I placed $1,000 on “Touch” at optionFair™ Binary Options Trading Platform. This kind of instrument has a return of 77% if the EUR/USD touches the strike price prior to the expiry.I went in on this position at 12:02. The strike price for my position was 1.34559 for the expired time at 12:30. At 12:03 the price hit my target and I won $770 in just one minute!
USD/CHF
The USD/CHF is showing climbing according to Doug’s analysis. Therefore it is recommended to invest on the “High” instrument.
I placed $1,000 on “High” at optionFair™ Binary Options Trading Platform with the understanding that expires above the strike price, I will have a 81% re-turn, giving me $810 on my initial investment.
At the buying time, 11:55, the USD/CHF traded at 0.91624 and the strike price was 0.91795 for the expiration time of 12:15.The market was in my favor giving me a $810 win on my initial investment, in just 20 minutes.
