GBP/USD
If the Queen woke up on the wrong side, a “Touch Down”, “No touch” or “Low” will fit in just right.
With optionFair™ binary options trading platform, I traded on a $1,000 on “Touch” instrument and chose “No Touch”. This kind of option has a return of 72% if the option expires “in the money”, which means I could get a return of $720 on my investment. The market price for GBP/USD at the buying time (10:50) was 1.54918 and In order to win the option- the market price should touch the value of 1.55011.
The option expired at 1.54872, which means I earned $720.
EUR/JPY
Based on Doug’s analysis, it seems that the weakness in the EUR creates an investment opportunity in the following positions: “Low” or “Below”, “Touch Down” or “No touch” on the EUR/JPY.
With optionFair™ binary options trading platform, I traded on a $1,000 on the Low instrument. This kind of option has a return of 85% if the option expires “in the money”, which means I could get a return of $850 on my investment. The market price for EUR / JPY at the buying time (11:37) was 102.487 and in order to win the option- the market price should be lower at the expiration time.
The option expired at 102.390, which means I earned $850 in 23 minutes.
