Trades Placed by optionFair
GBP/USD
Based on Colin Jessup's analysis of the GBP/USD, the pair has a daily support level at 1.5920 and 1.5900 while the resistance levels are at 1.5960 and 1.5980. At 12:50 the price of the pair was 1.5918 after breaking the support level of 1.5920 which creates an investment opportunity on the following instruments: "No Touch", “Low” and “No Touch”
I logged in the OptionFair™ binary options trading platform and I traded $1500 on the “Touch Down” instrument. This kind of option has a return of 72% if the option will hit the strike price prior to expiry, which means that if the signal is correct I could get a return of 1080$ on my investment.
The strike price for GBP/USD at the buying time (12:50) was 1.59109 for the expiry of 13:15. The pair touched the strike price at 13:01 and I earned 1080$ on my position in 11 minutes!
USD/CAD
Based on Christopher Lewis's analysis of the USD/CAD, the pair is in a range bound at this point and selling is the more reliable trade. That creates an investment opportunity in the following assets: “Low”, “Touch Down” and “No Touch”.
With optionFair™ binary options trading platform, I traded $1250 on the “Low” instrument. This kind of option has a return of 81% if the option expires below the strike price. That means that if the signal is correct, I could earn 1012$ on my investment. The market price for the USD/CAD at the buying time (14:58) was 0.99694.
The expiration took place at 15:15 at the price of 0.99617, below the strike price which means I earned my position.
