Trades placed by OptionFair
EUR/GBP
Based on Doug's analysis of the EUR/GBP, as a result of the slow holiday the pair is making an attempt to rise up to the pivot point of 0.8430 and then it is likely to drop. This gives us a trading opportunity on these instruments: "High" or “Low”.
At 10:00 am I logged into the optionFair™ Binary Options Trading Platform. The market price for the EUR/GBP at this time was 0.83421. Seeing as though it is below the pivot point- 0.8430 I decided to trade $1,150 on the “High” instrument.
This kind of option has a return of 70% if the option expires above the strike price at the expiry time, which means I’ll earn $805 on my investment.
The market price for the pair at the expiry time (10:30) was 0.83435, which is above my buying price 0.83421, and I won $805.
EUR/USD
Based on Doug’s analysis of the EUR/ USD is expected to rise up to 1.3090 and then to show bearish signs. I noticed that the market was still low and that creates an opportunity on the instruments: “High” “Touch” and "No Touch Down".
I logged in the optionFair™ Binary Options trading platform at 11:45 and I traded with $1100 on the “Touch” instrument. This kind of option has a return of 77% if the option will touch the strike price prior to expiry, which means that if the signal is correct, I could get a return of $847 on my investment.
The market price for EUR/USD at the buying time (11:50) was 1.30724 and the target price was 1.30744. The EUR/ USD price did rise as hoped for and hit the strike price before the expiry at 11:53 therefore I won the position after 3 minutes earning $847!
