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Successful Trades on Mar. 13, 2014

GBP/USD

According to Adam Lemon’s analysis of the GBP/USD, “Today is looking bullish so far” and “A candlestick analysis shows a bullish picture on the monthly and daily time frames”. That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch down”.

I logged in 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 (11:00) was 1.66590 for the expiration of 11:10. The Asset closed on 1.66626 and I made $1275.

GBP/USD

EUR/USD

Based on Adam Lemon’s analysis of the EUR/USD: “Things look very bullish now” and “A candlestick analysis shows bullishness on all of the higher time frames and we are still within a widening bullish channel”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.

With OptionFair™ binary options trading platform, I traded $1600 on the “Touch” instrument.  This kind of option has a return of 77% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1232 on my investment.

The market price for the EUR/USD at the buying time (12:17) was 1.39515 and the target price was 1.39550 for the expiration of 12:30. The Asset touched my target price at 12:29 and I made $1232.

EUR/USD

 

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