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Successful Trades: USD/CAD & EUR/USD - 3 February 2015

USD/CAD

According to Christopher Lewis’s analysis of the USD/CAD, “I believe that the longer-term uptrend should continue in this pair”. 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 $1500 on the "High" instrument. This kind of option has a return of 71% if the option will close above the target price, which means that if the signal is correct I could get a return of $1065 on my investment.

The target price for USD/CAD at the buying time (10:55) was 1.25684 for the expiration of 11:15. The Asset closed on 1.25780 and I made $1065.

USD/CAD

EUR/USD

According to Christopher Lewis’s analysis of the EUR/USD, “The market would more than likely continue the downtrend based upon the massive bearish pressure that we have seen for some time now”. That creates an investment opportunity on the instruments: “Low”, “No Touch up” and “Touch down”.

I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "Touch Down" instrument. This kind of option has a return of 75% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1200 on my investment.

The price for EUR/USD at the buying time (10:41) was 1.13472 and the target price was 1.13409 for the expiration of 11:00. The asset touched my target price at 10:45 and I made $1200 in just four minutes.

EUR/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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