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Successful Trades on November 2, 2011

Trades placed by optionFair

USD/CHF

Based on Doug’s analysis of the USD/CHF, the USD/CHF continues to remain bullish which creates an investment opportunity in the following positions: “High” or “Above”, “Touch” or “No Touch Down”.

With optionFair™ Binary Options Trading Platform, I traded $1,000 on the “High” instrument. This kind of option has a return of 81% if the option expires above the strike price. If the signal is correct, I could get a return of $810 on my investment. The market price for USD/CHF at the buying time (11:11) was 0.88223 and the expiry price was 0.88323. The USD/CHF expired above the strike price, therefore I won the position, earning $810!

USD/CHF Trades on November 2, 2011

GBP/USD

Based on Doug’s analysis of the GBP/USD, if the pair continue to climb, you can choose the instrument which will follow this behaviour – “Touch”, “No Touch Down”, “High” or “Above”.

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 does not touch the strike price. If the signal is correct, I could get a return of $720 on my investment. The market price for GBP/USD at the buying time (12:05) was 1.6010 and the strike price was 1.6004. The option moved in the right direction, therefore choosing not to close the option prior to expiry. It turned out to be the correct decision and I earned $720.

GBP/USD Trades on November 2, 2011

OptionFair
About 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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