Trades Placed by optionFair
EUR/USD
Based on Fadi Steitie analysis’s of the EUR/USD the trend is most certainly down and each time the pair heads up towards 1.33700 it creates selling opportunities. According to this behavior it is recommended to trade on the following positions: “Low” or “Touch Down” on the EUR/USD.
With optionFair™ Binary Options Trading Platform, I traded with $1,000 on the "Touch Down" instrument. This kind of option has a return of 77% if the option hits the strike price prior to expiry. That means I’ll earn $770 on my investment. The market price for EUR/USD at the buying time (12:36) was 1.33672 and the target price 1.33604 for the 13:00 expiration. The option hit the strike price at 12:42 and I won the position in only 6 minutes!
USD/JPY
Based on Christopher Lewis analysis’s of the USD/JPY this pair has a support level at 82.00. If the pair will be close to this support level the pair will rise. This creates an opportunity on the “High” instrument.
I logged into the optionFair™ Binary Options Trading Platform at 12:37. The price of the currency was 81.958 so I decided to trade with $1,000 on the "High" instrument for the expiry of 12:45.
This kind of option has a return of 80% if the option expires above the strike price at expiry time, meaning I could earn $ 800 on my investment.
The market price at 12:45 was 82.003, which is above my strike price and therefore I have won $800.
