EUR/USD and GBP/USD Trades Executed on October 10, 2011

OptionFair

Analysis by optionFair

EUR/USD

Based on Doug’s analysis of the EUR/USD. The strength of the EUR creates an investment opportunity in the following positions: “High” or “Above”, “Touch” or “No Touch Down” on the EUR/USD.

With optionFair™ binary options trading platform, I traded $1000 on the “High” instrument. This kind of option has a return of 85% if the option expires above the strike price, which means that if the signal is correct, I could get a return of $850 on my investment. The market price for EUR/USD at the buying time (14:05) was 1.3593. The option expired at 14:30 at 1.3631, and I earned 85% on my investment in just 25 minutes!

 

GBP/USD

Based on Doug’s analysis of the GBP/USD, If the British Pound decides to go up, you can choose the instrument which will follow it through – “Touch”, “No touch down” or “High”.

With optionFair™ binary options trading platform, I traded $1000 on the “High” instrument. This kind of option has a return of 85% if the option expires above the strike price, which means that if the signal is correct, I could get a return of $850 on my investment. The market price for GBP/USD at the buying time (12:26) was 1.5646. Although the option was moving on the right direction, I’ve chose to close the option prior to expiry time and collect some of the profits. On this particular case I’ve earned over 35% of my profit  in less than 20 minutes.

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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