EUR/USD
Based on Christopher Lewis's analysis of the EUR/USD, “I believe that the market will more than likely go higher from here”. 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 77% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1309 on my investment.
The market price for the EUR/USD at the buying time (11:12) was 1.35189 and the target price was 1.35219 for the expiration of 11:30. The Asset touched my target price at 11:14 and I made $1309 in just two minutes!
USD/MXN
Following Christopher Lewis’s analysis of the USD/MXN “causing a nice bounce and forming a perfectly shaped hammer. This hammer looks very positive to me, and I believe that the US dollar will continue higher”, an investment opportunity on the following instruments is created: “High”, “Touch up” 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 70% if the option closes above the target price, which means that if the signal is correct I could get a return of $1120 on my investment.
The market price for USD/MXN at the buying time (11:06) was 13.165 for the expiration of 11:15. The Asset closed on 13.166 and I made $1120.
