Trades placed by optionFair
EUR/GBP
The EUR/GBP will bounce up to the resistance level of 0.8570, which will give it the push it needs to drop. It is recommended to trade on “Low”.
I placed $1,500 on the “Low” instrument at optionFair™ Binary Options Trading Platform.
At the buying time, 12:09, the EUR/GBP traded at 0.8556 and according to the chart the price reached the resistance level and started dropping. The strike price was 0.85523 for the expiration time of 12:30.
The market was in my favor giving me a 70% return on my initial investment, which is $1050.
EUR/JPY
EUR/JPY is showing bearish signs according to Doug’s analysis, meaning a particular security, a sector, or the overall market is about to fall, opposite of bullish. In order to fit the market behavior, trading on “Low”, “No Touch”, and “Touch Down” are recommended.
I placed $1,200 on “Touch Down” at optionFair™ Binary Options Trading Platform, so that if this option touches the strike price prior to expiry, I will receive a 72% return, $864 on my investment. At the buying time, 13:03, the EUR/JPY traded at 104.295 and the target price was 104.208 at the expiry time of 13:13. The market hit the strike price therefore I earned $864 in just 10 minutes!