Trades Placed by OptionFair
EUR/USD
According to Adam Lemon’s analysis of the EUR/USD: “More likely the next minor move will be downwards. This suggests a downwards move today”. That creates an investment opportunity on the instruments: “Low”, “No Touch up” and “Touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1500 on the "Low" instrument. This kind of option has a return of 82% if the option will close below the target price, which means that if the signal is correct I could get a return of $1230 on my investment.
The target price for EUR/USD at the buying time (10:42) was 1.26909 for the expiration of 10:50. The Asset closed on 1.26906 and I made $1230.
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GBP/USD
According to Adam Lemon’s analysis of the GBP/USD, “We have moved down overnight, with the GBP showing weakness across the board. I cannot see any sign that this is going to turn around”. That creates an investment opportunity on the instruments: “Low”, “No Touch up” and “Touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "Touch Down" instrument. This kind of option has a return of 70% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1120 on my investment.
The price for GBP/USD at the buying time (10:57) was 1.60430 and the target price was 1.60374 for the expiration of 11:15. The asset touched my target price at 11:14 and I made $1120.
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