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Successful Trades: GBP/USD & AUD/USD - 17 March 2015

GBP/USD

According to Christopher Lewis’s analysis of the GBP/USD, “After all, the US dollar is without a doubt the strongest currency in the world right now, and as a result it makes sense that we do continue going lower.” That creates an investment opportunity on the instruments: “Low”, “Touch Down” and “No Touch Up”.

I logged in the OptionFair™ binary options trading platform and I traded $1200 on the "Low" instrument. This kind of option has a return of 81% if the option will close below the target price, which means that if the signal is correct I could get a return of $960 on my investment.

The target price for GBP/USD at the buying time (12:27) was 1.47726 for the expiration of 12:45.  The Asset closed on 1.47665 and I made $960.

GBP/USD

AUD/USD

According to Christopher Lewis’s analysis of the AUD/USD, “Because of this, I feel that the market will head back down to the 0.75 level. I believe that the market will eventually break down below there as well, but ultimately I feel that it might be a bit of a struggle between here and there.”. That creates an investment opportunity on the instruments: “Low”, “Touch Down” and “No Touch Up”.

I logged in the OptionFair™ binary options trading platform and I traded $1200 on the "Touch Down" instrument. This kind of option has a return of 70% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $840 on my investment.

The price for AUD/USD at the buying time (11:44) was 0.76634 and the target price was 0.76574 for the expiration of 12:00. The asset touched my target price at 11:46 and I made $840.

AUD/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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