Trades Placed by optionFair
NZD/USD
Christopher Lewis, a very accurate analyst, has offered the following advice regarding the NZD/USD pair: “I think this is a pair that has a long way to go. As for selling, I really don't have any interest as there are far too many areas below that could cause a bit of support”. This points to interesting investment opportunities using the “high”, “touch” and “no touch down” instruments.
Using OptionFair as my binary options trading platform, I traded $3,000 using the "high" instrument that offered a return of 75% if the option closes “in-the-money” (above the target price), which translates into a profit of $2250 if the signal is correct.
I entered the trade at 11:56 with a target price of 0.81629 and expiration scheduled for 11:15. The option expired with the pair reaching 0.81636, meaning that the option ended “in-the money” (the asset was above the target price) and I earned $2,250 in less than 20 minutes!
GBP/USD
Using a signal provider for trading binary options has yielded very good results for me, and today I have managed to secure strong profits yet again using Christopher Lewis’s analysis for the GBP/USD.
Regarding the GBP/USD, Lewis said, “I firmly believe that we will go much higher”. This sentence alone had revealed an investment opportunity with any instrument that offers profits on rising prices.
After comparing a number of different brokers I decided to invest with optionFair due to the higher return offered. I invested $1,500 on the “touch” instrument for a 72% return “in-the-money”, which means that if the option touches the strike price prior to the expiration, I could profit of $1,080 on my investment.
At the buying time (11:17), the market price for the GBP/USD was 1.61479 and the target price was 1.61537. A mere 20 minutes later the pair touched the target price, providing a return of $2,580, or $1,080 in profits from this trade alone!
