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Successful Trades on Feb. 6, 2014

EUR/USD

According to Christopher Lewis’s analysis of the EUR/USD: “…understand that the market probably has more of an upward bias at least in the next couple of sessions”. That creates an investment opportunity on the instruments: “High”, “Touch up” and “No Touch down”.

I logged in the OptionFair™ binary options trading platform and I traded $1600 on the “Touch Up” 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 $1232 on my investment.

The market price for the EUR/USD at the buying time (11:30) was 1.35204 and the target price was 1.35243 for the expiration of 11:45. The Asset touched my target price at 11:34 and I made $1232 in 4 minutes.

EUR/USD

GBP/USD

Following Christopher Lewis’s analysis of the GBP/USD “right now I see no real reason to short this market, and do believe that we are going higher”, an investment opportunity on the following instruments is created: “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 85% if the option closes above the target price, which means that if the signal is correct I could get a return of $1360 on my investment.

The market price for GBP/USD at the buying time (11:10) was 1.62922 for the expiration of 11:20. The Asset closed on 1.62931 and I made $1360.

GBP/USD

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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