Trades placed by optionFair
GBP/USD
Based on Christopher Lewis's analysis of the GBP/USD, “The markets look primed to continue in that sense, and as a result I already started a small long position this past morning”. 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 72% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1224 on my investment.
The market price for the GBP/USD at the buying time (10:53) was 1.60654 and the target price was 1.60706 for the expiration of 11:15. The Asset touched my target price at 10:55 and I made $1224 in two minutes.
EUR/USD
According to Christopher Lewis's analysis of the EUR/USD: “The pair is decidedly bullish overall, so I am not a fan of shorting this market, no matter how short the time of the trade is”. 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 84% if the option will close above the target price, which means that if the signal is correct I could get a return of $1344 on my investment.
The target price for EUR/USD at the buying time (10:48) was 1.35677 for the expiration of 11:00. The Asset closed on 1.35706 and I made $1344.