Trades placed by optionFair
EUR/USD
Based on Christopher Lewis's analysis of the EUR/USD, “…there is actually a nice hammer forming on the four-hour timeframe that suggests that we are going to go ahead and bounce from here. Because of this, I am very bullish of this pair for the short term at least”. 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 (11:14) was 1.35060 and the target price was 1.35098 for the expiration of 11:30. The Asset touched my target price at 11:21 and I made $1309.
AUD/USD
Following Christopher Lewis’s analysis of the AUD/USD “Going forward, I fully expect this market breakout above the 0.95 level and aim for parity. It's up to parity that we will see a significant amount resistance, so it's likely that the Australian dollar will struggle to get above parity between now and the end of the year, but I definitely think that upward trajectory will continue”, an investment opportunity on the following instruments is created: “High”, “Touch up” 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 81% if the option closes above the target price, which means that if the signal is correct I could get a return of $1296 on my investment.
The market price for AUD/USD at the buying time (11:14) was 0.94295 for the expiration of 11:20. The Asset closed on 0.94307 and I made $1296.
