EUR/USD
Based on Christopher Lewis's analysis of the EUR/USD: “That should work against the value of the Euro overall, and the fact that the employment numbers out of the United States are improving suggests that perhaps the US dollar should continue to go higher as well, driving this pair down.”. That creates an investment opportunity in the following positions: “Low”, “No Touch” and “Touch Down”.
With OptionFair™ binary options trading platform, I traded $1700 on the “Touch Down” 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 (11:25) was 1.34559 and the target price was 1.34515 for the expiration of 11:45. The Asset touched my target price at 11:37 and I made $1309.
GBP/USD
According to Christopher Lewis's analysis of the GBP/USD, “I feel that this market goes 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 $1500 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 $1275 on my investment.
The target price for GBP/USD at the buying time (11:21) was 1.60345 for the expiration of 11:30. The Asset closed on 1.60368 and I made $1275.
