GBP/USD
Based on Doug’s analysis of the GBP/USD, the trend is on a bearish track. This creates an opportunity to invest in several instruments: “Low”, “Below”, “Touch Down” and “No Touch”.
With optionFair™ Binary Options Trading Platform, I traded with $1,000 on the “Touch Down”. This kind of option has a return of 72% if it touches the strike price prior to expiry. I could get a return of $720 on my investment if Doug’s signal is correct. The market price for the GBP/USD at the buying time (12:25) was 1.59672 and the strike price at the 12:45 expiry time was 1.59581. The GBP/USD hit the strike price at 12:43, and I won $720 in 18 minutes!
EUR/JPY
Based on Doug’s analysis of the EUR/JPY, the trend is dropping. That creates an investment opportunity in the instrument: “Low”.
With optionFair™ Binary Options Trading Platform, I traded $1,000 on the “Low” instrument. This kind of option has a return of 85% if the option expires below the expiration price. I could get a return of $850 on my investment, if the signal is correct. The target price for the EUR/JPY at the buying time (11:28) was 1.5352 at the 12:00 expiry time. The EUR/JPY dropped and the option expired below the strike price, therefore I earned $850!