Trades placed by optionFair
EUR/USD
Based on Christopher Lewis's analysis of the EUR/USD, he "just can’t get excited about buying this pair". That creates an investment opportunity in the following positions: “Low” or “Below”, “Touch down” or “No touch” on the EUR/USD.
I logged into optionFair™ Binary Options Trading Platform, and traded with $1,270 on the "Touch Down" instrument. This kind of option has a return of 77% if the option touches the strike price prior to expiry, meaning I’ll earn $977 on my investment. The market price for EUR/USD at the buying time (12:04) was 1.28838 and the strike price for 12:30 expiration was 1.28751. The option hit the strike price at 12:08 giving me a winning of $977 in only 4 minutes.
USD/CHF
Based on Christopher Lewis's analysis of the USD/CHF this pair has a support level at 0.93. As long as the pair doesn't break through, the direction will be up. The USD/CHF price at 12:05 was 0.93792 after losing 25 pips in the last hour and a half. That implies the pair is heading down to test its support level at 0.93 and as long as it doesn’t reach it I'll follow the trend. This creates a trading opportunity on the “Low” instrument.
I logged into optionFair™ Binary Options Trading Platform and decided to place $1,500 on the "Low" instrument for the expiration of 12:15.
This kind of option has a return of 81% if the option will expire below my target price (0.93792.
The market price continued towards its support level and the expiry price was 0.93758. I won the positions and earned $1,215 on my investment.
