EUR/USD
Based on Doug’s analysis of the EUR/USD, the EUR is heading towards some big changes. This creates an investment opportunity in the following positions: “High” or “Above”, “Touch” or “No Touch Down”, “Low” or “Below”, “Touch Down” or “No Touch”. The most fitted position for this analysis is “Out” on the EUR/USD.
With optionFair™ Binary Options Trading Platform, I traded $1,000 on the “Out” instrument. This kind of option has a return of 70% if the option expires outside the boundary price. I could get a return of $700 on my investment if the signal is correct. The market price for EUR/USD at the buying time (11:41) was 1.38706 and the boundary was 1.38630 – 1.38782. The EUR/USD expiry price was out of the boundary at1.38622. I won the position, earning $700 in 19 minutes!
EUR/JPY
Based on Doug’s analysis of the EUR/JPY, if both currencies are heading towards a bulish trend, you can choose the instrument which will follow it through – “High” or “Above”, “Touch” or “No Touch Down”.
With optionFair™ Binary Options Trading Platform, I traded $1,000 on the “No Touch Down” instrument. This kind of option has a return of 72% if the option expires without touching the strike price. I could get a return of $720 on my investment if the signal is correct. The market price for EUR/JPY at the buying time (11:56) was 105.570 and the “No Touch Down” price was105.487. The option moved in the right direction and did not touch the target price, therefore I won $720 at 12:30!
