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Successful Trades on July 23, 2013

By OptionFair

OptionFair is a leading binary options platform that has a user-friendly platform and a range of available options. The professional traders at OptionFair are available to offer guidance to all company clients.

EUR/USD

According to Christopher Lewis's analysis of the EUR/USD: “short-term traders will certainly see a bullish opportunity in this market overall”. That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch”.

I logged onto the OptionFair trading platform and I traded $1,600 on the "High" instrument. This kind of option has a return of 84% if the option will close above the target price, which means that if the signal is correct I could get a possible return of $1,344 on my investment.

The target price for EUR/USD at the buying time (10:51) was 1.31928 for the expiry of 11:00. The asset closed on 1.31936 and I made $1344.

EUR/USD successful trades - July 23, 2013

GBP/USD

Based on Christopher Lewis's analysis of the GBP/USD, “It now looks like the British pound will be a favored currency and sooner or later we will test the next significant resistance area: the 1.55 level”. This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.

With OptionFair trading platform, I traded $1,700 on the “Touch” instrument. This kind of option has a return of 72% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a potential return of $1224 on my investment.

The market price for the GBP/USD at the buying time (11:15) was 1.53658 and the target price was 1.53722 for the expiry of 11:45. The asset touched my target price at 11:19 and I made $1,224 in 4 minutes.

GBP/USD binary options trade


OptionFair
About OptionFair

OptionFair is a leading binary options platform that has a user-friendly platform and a range of available options. The professional traders at OptionFair are available to offer guidance to all company clients.

 

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