Trades placed by OptionFair
EUR/USD
Based on the DailyForex analysis of the EUR/USD the trend is definitely down, which creates an investment opportunity in the following positions: “Low” or “Below”, “Touch Down” or “No Touch” on the EUR/USD.
With optionFair™ Binary Options Trading Platform, I traded with $1,150 on the “Low” instrument. This kind of option has a return of 85% if the option expires below the strike price. The market price for EUR/USD at the buying time (12:52) was 1.28443 for the 13:00 expiration. The option expired at 1.28358, and I won the position giving me a $977 profit on my investment.
EUR/JPY
Based on the DailyForex analysis of the EUR/JPY the daily level is 99.39. If the market price is lower we'll choose a bearish position and if it's higher a bullish one. The EUR/JPY price at 10:40 was 99.183, below 99.39. After Analyzing the market behavior I decided to trade on the "Touch Down" instrument. The target price at 11:00 was 99.128.
With optionFair™ Binary Options Trading Platform, I decided to trade with $1500. This kind of option has a return of 72% if the option touches the strike price prior to expiry, it means I’ll earn $1,030 on my investment. The market price for EUR/JPY hit the strike price at 10:45 and I won the position in just 5 minutes!
