Successful Trades: EUR/USD & GBP/USD - 6 October 2014

Trades placed by OptionFair

EUR/USD

According to Adam Lemon’s analysis of the EUR/USD, “I maintained a bearish bias”. 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 "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 $1312 on my investment.

The target price for EUR/USD at the buying time (12:15) was 1.25444 for the expiration of 12:30. The Asset closed on 1.25409 and I made $1312.

GBP/USD

According to Adam Lemon’s analysis of the GBP/USD, “the strongly bearish nature of the market”. 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 $1700 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 $1190 on my investment.

The price for GBP/USD at the buying time (11:09) was 1.59734 and the target price was 1.59669 for the expiration of 11:45. The asset touched my target price at 11:35 and I made $1190.