Trades placed by optionFair
EUR/USD
Based on Christopher Lewis's analysis of the EUR/USD, 1.3000 is the resistance level. The current price of the pair is 1.2970 which is below the resistance level. Therefore an investment opportunity is created in the following positions: “High”, “No Touch Down" and "Touch”.
With optionFair™ Binary Options Trading Platform, I placed $1,500 on the "Touch" instrument. This kind of option has a return of 77% if the option hits the strike price prior to expiry. The market price for EUR/USD at the buying time (12:57) was 1.29716 and the strike price for the 13:30 expiration was 1.29845. The option hit the strike price at 13:00 and I won the position in only 3 minutes earning $1,155!
GBP/USD
According to Christopher Lewis's analysis of the GBP/USD this pair is very bullish and has a critical point at the level of 1.5500, with the next level above being 1.5700. This creates an investment opportunity on the following instruments: “High”, “No Touch Down" and "Touch”. I logged onto the optionFair™ Binary Options Trading Platform and decided to trade with $1,250 on the “No Touch Down” instrument.
This kind of option has a return of 72% if the option does not touch the strike price prior to expiry, which means I’ll earn $900 on my investment. The market price for the pair at the buying time (12:07) was 1.55427 and the target price was1.55331 for the expiry of (12:45). The market did not touch my strike price till the expiry which ended at 1.55656 and I won my position.
