Trades placed by optionFair
EUR/USD
Based on Christopher Lewis analysis of the EUR/USD, “Actually, when you look at this chart you can make a little bit of a case for a channel, with a slightly upward bias”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.
With optionFair™ binary options trading platform, I traded $1700 on the “Touch” instrument. This kind of option has a return of 77% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1309 on my investment.
The market price for the EUR/USD at the buying time (12:37) was 1.33389 and the target price was 1.33434 for the expiration of 13:00. The Asset touched my target price at 12:39 and I made $1309.
EUR/JPY
According to Christopher Lewis analysis of the EUR/JPY, “The Bank of Japan is still looking to crush the value of the Yen, and the European Union has just recently pulled out of recession again. Because of this, it makes perfect sense to see this pair go higher”. That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "High" instrument. This kind of option has a return of 75% if the option will close above the target price, which means that if the signal is correct I could get a return of $1200 on my investment.
The market price for EUR/JPY at the buying time (12:40) was 130.330 for the expiration of 12:50. The Asset closed on 130.349 and I made $1200.
