Today we see something very interesting - this optionFair trader placed two different binary trades, one on Hi/Low, and one on One Touch, based on the same analysis - and both trades were profitable!
GBP/USD
Following Christopher Lewis's analysis of the GBP/USD “Going forward, I think that we will eventually break the 1.65 handle, and head to the 1.70 level”, an investment opportunity on the following instruments is created: “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 85% if the option closes above the target price, which means that if the signal is correct I could get a return of $1360 on my investment.
The market price for GBP/USD at the buying time (11:47) was 1.64046 for the expiration of 12:00. The Asset closed on 1.64055 and I made $1360.
GBP/USD
Based on Christopher Lewis's analysis of the GBP/USD, “Going forward, I think that we will eventually break the 1.65 handle, and head to the 1.70 level”. 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 (11:51) was 1.63989 and the target price was 1.64058 for the expiration of 12:15. The Asset touched my target price at 12:00 and I made $1224.
