Trades Placed by optionFair
GBP/USD
According to Christopher Lewis's analysis of the GBP/USD “this pair should continue to grind much higher as it makes sense that the British pound would continue to gain as the interest rate differential would still be in its favor”. That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch Down”.
I logged into the OptionFair™ binary options trading platform and I traded $1500 on the "High" instrument. This kind of option has a return of 85% 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 (10:22) was 1.58324 for the expiration of 10:30. The Asset closed on 1.58353 and I made $1275.
EUR/USD
Based on Christopher Lewis's analysis of the EUR/USD. “I see the 1.27 level giving way as a strong indication for buying this pair”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch Down” on the EUR/USD.
With the optionFair™ binary options trading platform, I traded $1250 on the “Touch” instrument. This kind of option has a return of 77% if the option touches the strike price prior to the expiry, that means that if the signal is correct, I could get a return of $962.5 on my investment.
The market price for the EUR/USD at the buying time (10:30) was 1.25404 and the target price was 1.25465. At 10:46 the market hit my target price and I won $962.5 in 16 minutes!