Trades placed by optionFair
EUR/GBP
The EUR/GBP is dropping and has a resistance level at yesterday’s high point: 0.8590.
The resistance level is the price at which a stock or market can trade, but not exceed, for a certain period of time. According to that analysis, it is recommended invent on the “Low” instrument.
When logging in to the optionFair™ Binary Options Trading Platform the EUR/GBP was traded at the level of 0.85774. As I searched through the chart I have realized that the pair had already hit the resistance level of 0.8590 at 12:01, so I took a step back.
I placed $1,250 on “Low” at optionFair™ Binary Options Trading Platform at the buying time, 16:10 when the EUR/GBP was 0.85781. The payout for this position was 70%. The expiration took place at 16:30 with an expiry price of 0.85763 and therefore I earned $875.
EUR/USD
EUR/USD is showing long term bearish signs according to Doug’s analysis, meaning a particular security, a sector, or the overall market is about to fall, opposite of bullish. But after the 200 pips movement that it made yesterday and in comparison to other assets, the directions of this asset is most likely to be going up.
The analysis gives me an investment in the following instruments: "High", "Touch" and "No Touch Down".
I placed $1,400 on “Touch” insturment at optionFair™ Binary Options Trading Plat-form.The Touch instrument is a unique one as I stand a chance to win at any point. From the moment I start the trade until the expiry time, I could win the position if the asset just reaches the target price. I stand a chance of getting 70% back from my initial investment.
At the buying time, 11:42, the EUR/USD traded at 1.34749 and the target price was 1.34825. At 11:44 the EUR/USD hit my strike price, which means I have won $1078 in just two minutes!