Trades Placed by optionFair
USD/CAD
Based on Christopher Lewis analysis of the USD/CAD, the price for the pair maintains a very bearish look.
That creates an investment opportunity in the instruments: “Low” and “Touch Down”.
With optionFair™ Binary Options Trading Platform, I traded $1,500 on the “Low” instrument.
This kind of option has a return of 81% if the option expires under the strike price at expiry time. The market price for the USD/CAD at the buying time 09:59 was 0.99606. The market price for the pair at the expiry time (10:15) was 0.99580, which is lower than my buying price 0.99606 and I won $1215 on the trade.
AUD/USD
Based on Colin Jessup analysis of the AUD/USD is expected to drop since its support level of 1.0299. I noticed that the market was low and close to 1.03 therefore I decided to place my money on the “Low” instrument.
I logged into the optionFair™ Binary Options Trading Platform at 09:39 I traded with $1,050 on the “Low” instrument.
This kind of option has a return of 81% if the option expires under the strike price at expiry time, which means I could earn $850.50 on my investment.
The market price for the pair at the expiry time (10:00) was 1.03088, which is lower than my buying price 1.03099 and I got $850.50.