Trades placed by optionFair
EUR/USD
According to Christopher Lewis's analysis of the EUR/USD, the pair has been dropping in the last few days and will continue to stay bearish. A bearish pair is one that is likely about to fall, which creates an opportunity on the instruments: “Low” and “Touch Down”. Based on today’s technical analysis for this popular pair, I decided to trade $1,000 on optionFair’s “Touch Down” instrument.
This kind of option has a return of 77% if the option will hits the strike price prior to expiry, meaning if the signal is correct I could get a return of $770 on my investment. The market price for EUR/USD at the buying time (10:57) was 1.30335 and the target price was 1.30141 for the expiration of 11:30. The pair touched the strike price at 11:07 and I earned $770 in just 10 minutes!
GBP/USD
According to Christopher Lewis’s analysis of the GBP/USD’s break of the 1.58 support level is closer than ever, and will give us opportunity on instruments such as: “Low” and "Touch Down".
Once again I placed my trades on the optionFair™ Binary Options Trading Platform at 11:08 and I traded $1,000 on the “Low” instrument for the expiration of 11:15. This kind of option has a return of 85% if the option expires below the strike price (1.58250) at expiry time. The market price for the pair at the expiry time was 1.58211, which is below my strike price and I won $840.
