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Successful Trades: Gold & EUR/USD - 13 July 2015

Gold

According to Christopher Lewis' analysis of the Gold, “Gold rebounded nearly 1.5% since the market found support at 1147 -which was tested on Wednesday- but in order to confirm a further push up therefore the bulls to pass through so prices can anchor somewhere above 1172,”. That creates an investment opportunity on the instrument: “High”.

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 74% so if the option will close below the target price, which means that if the signal is correct I could get a return of $888 on my investment.

The target price for Gold at the buying time (12:47) was $1155.670 for the expiration of 13:00. The Asset closed at 1156.0 and I won $888.

Gold

EUR/USD

According to Christopher Lewis' analysis of the EUR/USD, “With that being the case, I think that the market will eventually get the announcement that it needs, and that perhaps the so-called “smart money” is currently picking up Euros “on the cheap.” Because of this, I think it’s only a matter of time before we finally get an impulsive move in this pair”. That creates an investment opportunity on the instruments: “High”, “No Touch Down” and “Touch Up”.

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 81% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $972 on my investment.

The price for EUR/USD at the buying time (11:05) was 1.10594 for the expiration of 11:15. The Asset closed at 1.10760, and I won $972.

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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