Trades placed by optionFair
EUR/USD
Based on the Dailyforex analysis of the EUR/USD the trend is most certainly down, and each time the pair is heading up this gives us an opportunity to sell. The investment opportunity is on the following positions: “Low” or “Below”, “Touch Down” or “No Touch” on the EUR/USD.
With optionFair™ Binary Options Trading Platform, I traded with $1,750 on the "Touch Down" instrument. This kind of option has a 77% return if the option hits the strike price prior to expiry.The market price for EUR/USD at the buying time (12:20) was 1.2662 and the target price 1.26571 for the 12:30 expiration. The option hit the strike price at 12:25 and I earned $1,342 in just 5 minutes!
AUD/USD
Based on Dailyforex analysis of the AUD/USD this pair has a resistance level at 1.04 which is the price at which a stock or market can trade, but not exceed, for a certain period of time.
If the pair breaks through the resistance level the pair will go up, but if the pair is not be able to break through that level the pair will drop. This opens up an investment opportunity on the following instruments: “Low” or “High".
I logged into the optionFair™ Binary Options Trading Platform at 12:05. The price of the currency was 1.02970 so I decided to put $1,500 on the "Low" instrument for the expiry of 12:15. This kind of option has a return of 81% if the option expires below the strike price at expiry time, which means I’ll earn $1,215 on my investment. The market price at 12:15 was 1.02912, which is below my strike price. Therefore I have won $1,215.
