Trades Placed by optionFair
EUR/USD
According to Christopher Lewis’s analysis of the EUR/USD. The price action of the pair is very negative and it looks like the pair is ready to continue the downtrend for a while.
This creates an investment opportunity in the instruments: “Low”, “Touch Down” and “No Touch".
With optionFair™ Binary Options Trading Platform, I traded $1,540 on the “No Touch” instrument. This kind of option has a return of 77% if the option doesn’t touch the strike price prior to the expiry. That means that if the signal is correct, I could get a return of $1,185 on my investment. The market price for the EUR/USD at the buying time (11:54) was 1.33436 and the target price for 12:30 was 1.33510. The pair did not touch the strike price till the expiry and I won my position.
USD/JPY
Based on Christopher Lewis’s analysis of the USD/JPY the pair is heading up after breaking through the 80.00 resistance level. That’s creates an investment opportunity on the “High” instrument.
I logged into the optionFair™ Binary Options Trading Platform at 11:46 and I traded with $1,300 on the “High” instrument for the expiration of 12:15 in a strike price of 81.071. This kind of option has a return of 80% if the option expires above the strike price at expiry time, which means I’ll earn $1,040 on my investment.
The market price for the pair at the expiry time was 81.11 and therefore I won my position.