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Successful Trades: Gold & EUR/USD - 13 July 2015

By OptionFair

OptionFair is a leading binary options platform that has a user-friendly platform and a range of available options. The professional traders at OptionFair are available to offer guidance to all company clients.

Gold

According to Christopher Lewis' analysis of the Gold, “Gold rebounded nearly 1.5% since the market found support at 1147 -which was tested on Wednesday- but in order to confirm a further push up therefore the bulls to pass through so prices can anchor somewhere above 1172,”. That creates an investment opportunity on the instrument: “High”.

I logged in the OptionFair™ binary options trading platform and I traded $1200 on the "High" instrument. This kind of option has a return of 74% so if the option will close below the target price, which means that if the signal is correct I could get a return of $888 on my investment.

The target price for Gold at the buying time (12:47) was $1155.670 for the expiration of 13:00. The Asset closed at 1156.0 and I won $888.

Gold

EUR/USD

According to Christopher Lewis' analysis of the EUR/USD, “With that being the case, I think that the market will eventually get the announcement that it needs, and that perhaps the so-called “smart money” is currently picking up Euros “on the cheap.” Because of this, I think it’s only a matter of time before we finally get an impulsive move in this pair”. That creates an investment opportunity on the instruments: “High”, “No Touch Down” and “Touch Up”.

I logged in the OptionFair™ binary options trading platform and I traded $1200 on the "High" instrument. This kind of option has a return of 81% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $972 on my investment.

The price for EUR/USD at the buying time (11:05) was 1.10594 for the expiration of 11:15. The Asset closed at 1.10760, and I won $972.

EUR/USD

OptionFair
About OptionFair

OptionFair is a leading binary options platform that has a user-friendly platform and a range of available options. The professional traders at OptionFair are available to offer guidance to all company clients.

 

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