EUR/USD
EUR/USD is expected to have bullish behavior according to Doug’s analysis. Instruments that are sensitive to this behavior are: “High”, “Above” and “Touch” instrument.
I placed $1,000 on “Touch” at optionFair™ Binary Options Trading Platform, so that if this option touches the strike price prior to expiry, I will receive a 65% return, or $650 on my investment. At the buying time, 10:56, the EUR/USD traded at 1.35332 and the target price was 1.33433.The market hit the strike price before and I won $720.
EUR/JPY
The EUR/JPY is showing bullish behavior according to Doug’s analysis. In other words, this means that a particular security, a sector, or the overall market is about to fall. Therefore it is recommended to invest in the following positions: “High” and “No Touch Down”.
I placed $1,000 on “Touch” at optionFair™ Binary Options Trading Platform with the understanding that touches the strike price prior to expiration, I will have a 72% re-turn, giving me $720 on my initial investment. The difference between the underlying security's current market price and the option's strike price represents the amount of profit per share gained upon the exercise or the sale of the option. This is true for options that are in the money.
At the buying time, 12:02, the EUR/JPY traded at 104.001 and the strike price was 104.083 for the expiration time of 12:07.The market was in my favor giving me a $720 win on my initial investment, in just 5 minutes.
