Trades Placed by optionFair
EUR/USD
Based on Christopher Lewis analysis’s of the EUR/USD the trend is most certainly down. While the pair heads up to 1.3200 it creates an opportunity to sell. That creates an investment opportunity in 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 (10:50) was 1.31786 and the target price 1.31689 for the 11:50 expiration. The option hit the strike price at 10:53 and I won the position in only 3 minutes!
GBP/USD
Based on Christopher Lewis analysis’s of the GBP/USD this pair has a support level at 1.5900. If the pair gets close to the support level the pair will go down. This creates investment opportunities on the “Low” or "Touch Down" instrument.
I logged in to the optionFair™ Binary Options Trading Platform at 10:29. The price of the currency was 1.59080 so I decided to trade with $1,000 on the "Low" instrument for the expiry of 10:45.
This kind of option has a return of 85% if the option expires below the strike price (1.59046) at expiry time, which means I’ll earn $850 on my investment.
The market price at 10:45 was 1.58933, which is below my strike price therefore I won $850.
