Successful Trades: GBP/USD & EUR/USD - 28 April 2015

GBP/USD

According to Adam Lemon’s analysis of the GBP/USD, “This pair has been gloriously bullish for a couple of weeks now, cleanly breaking through resistance after resistance, flipping resistance to support, and carving out a wonderfully straight and supportive bullish trend line”. 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 $1200 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 $960 on my investment.

The target price for GBP/USD at the buying time (11:30) was 1.51835 for the expiration of 11:45. The Asset closed on 1.51858 and I made $960.

EUR/USD

According to Christopher Lewis’s analysis of the EUR/USD, “I think that the 1.10 level continues to be massively resistive, and the more choppiness and struggling that I see between here and there, the more I become convinced that it’s only a matter of time before the sellers get involved. After all, the European Union continues to struggle in general, and I think it’s only a matter of time before we have a return to the US dollar”. That creates an investment opportunity on the instruments “Touch Down”, “No Touch Up” and “Low”.

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 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 $900 on my investment.

The price for EUR/USD at the buying time (11:18) was 1.0875 and the target price was 1.086910 for the expiration of 11:30. The asset touched my target price at 11:23 and I made $900 in just two minutes!