AUD/USD
According to Adam Lemon’s analysis of the AUD/USD, “I am not looking for any type of meltdown at all. I think that the move back down to 0.76 makes sense”. 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 $1200 on the "Low" instrument. This kind of option has a return of 69% so if the option will close below the target price, which means that if the signal is correct I could get a return of $828 on my investment.
The target price for AUD/USD at the buying time (12:42) was 0.7683 for the expiration of 12:50. The Asset closed on 0.79664 and I made $828.
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EUR/USD
According to Adam Lemon’s analysis of the EUR/USD, “I think that we will more than likely only pullback to somewhere in the neighbourhood of 1.10 over the course of the next couple of sessions, and then find buyers below”. 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 $1200 on the "No Touch up" instrument. This kind of option has a return of 75% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $900 on my investment.
The price for EUR/USD at the buying time (11:48) was 1.12613 and the target price to avoid was 1.12665 for the expiration of 12:00. The asset did not touch my target price and I made $900.
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