Trades placed by optionFair
GBP/USD
Based on Adam Lemon’s analysis of the GBP/USD, “The momentum is very bullish…There is no reason why the price cannot get to 1.6000 and possibly even some way beyond that fairly soon”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.
With OptionFair™ binary options trading platform, I traded $1700 on the “Touch” instrument. This kind of option has a return of 72% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1224 on my investment.
The market price for the GBP/USD at the buying time (11:40) was 1.59345 and the target price was 1.59426 for the expiration of 12:15. The Asset touched my target price at 11:52 and I made $1224.
GOLD
According to Alp Kocak’s analysis of Gold, “From a purely technical standpoint, I think the Ichimoku clouds on the daily chart will be supportive in the short term.” That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "High" instrument. This kind of option has a return of 80% if the option will close above the target price, which means that if the signal is correct I could get a return of $1280 on my investment.
The target price for GOLD at the buying time (12:22) was 1315.415 for the expiration of 12:30. The Asset closed on 1315.784 and I made $1280.
