Trades placed by optionFair
GBP/USD
Based on Bastian Rubben analysis of the GBP/USD. The GBP continues to remain bullish which creates an investment opportunity in the following positions: “High” or “Above”, “Touch” or “No Touch Down” on the GBP/USD.
With optionFair™ Binary Options Trading Platform, I traded $1,100 on the “Touch” instrument.
This kind of option has a return of 72% if the option touches the strike price prior to expiry, I could get a return of $792 on my investment. The market price for GBP/USD at the buying time (11:29) was 1.58184 and the target price was 1.58236. the GBP/USD price hit the strike price in less than 3 minutes, and I won the position in a short time!
AUD/USD
Based on Christopher Lewis’s analysis of the AUD/USD this pair has a support level at 1.04. The area is important as the level was the spot where the ascending triangle that sent the pair higher was broken. The triangle measured a move up to the 1.12 level this opens up an trading opportunity on the “High" instrument.
I logged onto the optionFair™ Binary Options Trading platform at 11:33.
The price of the currency was 1.04506 so I decided to trade with $1,000 on the "High" instrument for the expiry time of 11:45. This kind of option has a return of 81% if the option expires above the strike price at the expiry time. I could earn $810 on my investment. The option moved in the right direction, so I chose to close the option prior to expiry. It turned out to be the right decision as I earned $321 in 5 minutes!
