EUR/GBP

Based on Doug’s analysis of the EUR/GBP, the pair is climbing. That creates an investment opportunity in the instrument: “High”.
With optionFair™ Binary Options Trading Platform, I traded with $1,000 on the “High” instrument. This kind of option has a return of 70% if the option expires above the strike price. The strike price for the EUR/GBP at the buying time (10:33) was 0.8361 for the expiration time at 11:00. The EUR/GBP went up and the option expired at 0.8377, above the strike price, therefore giving me $700 on my investment!

EUR/USD

Due to a low volatility in the markets, especially with the EUR/USD , volatility sensitive instruments such as: “No Touch”, “No Touch Down” and “In” are recommended for trading.
With optionFair™ Binary Options Trading Platform, I placed $1,000 on the “Boundary” instrument (choosing “In”). This kind of option has a return of 70% if the option expires “in the money”, which means I’ll get a return of $700 on my investment. The market price for EUR/USD at the buying time (11:02) was 1.2926 and in order to win the option- the market price needs to stay in between 1.2921-1.2931. The pair did stay within the boundary. The option expired at 1.2929 and I earned $700!

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Evening Signals – Thursday , 29 Dec – 2011  13: 00 AM GMT

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Our rebate program allows you to earn back a portion of the spread you pay on each trade you make. Rebates can get as high as 0.5 pip if you consider that typical market spreads for major currency pairs vary between 0.9 and 3 pips.

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EUR/USD

The EUR/USD continues moving inside the descending pattern, and at the moment we should expect it to start falling down. The final target of the pattern is the area of 1.2650. We recommend you to increase the amount of sales only after the price breaks the level of 1.2825. If the pair leaves the channel, this case scenario will be cancelled.

GBP/USD

In case of Pound, we should expect it to fall down to the lower border. One can consider selling the pair with the tight stop above 1.5685 and increase the amount of sales only after price breaks the level of 1.5560. If the pair breaks the resistance level in the area of 1.5765, this case scenario will be cancelled.

USD/CAD

Canadian Dollar is testing the “triangle’s” lower border, we should expect it to rebound from the border and start moving upwards to the pattern’s upper border in the area of 1.0380. The test of the trend’s rising line at the RSI is an additional signal to buy the pair. If the price falls lower than 1.0015, this case scenario will be cancelled.

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Trades placed by OptionFair

USD/CHF

Based on Doug’s analysis of the USD/CHF, this pair is going to drop to 0.9310. This gives us an opportunity to invest on the “Low” instrument.
I logged into the optionFair™ Binary Options Trading Platform. The market price for the USD/CHF at the time was above the forecast price 0.9310 and I decided to trade with $1,100 on the “Low” instrument.
This kind of option has a return of 81% if the option expires below the strike price at expiry time.
The market price for the pair at the buying time (12:02) was 0.93350 and at the expiry time (12:15) the market price was 0.93342, which is above the starting price therefore I won $891.

EUR/USD

Based on Doug’s analysis of the EUR/USD, the volatility for this pair is very low. The range of the pair is 41 pips which is third from the norm. That creates an opportunity on the instruments: “No Touch Down”, ”No Touch” and “In”.
I logged into the optionFair™ Binary Options Trading platform and I traded $1,350 on the “In” instrument. This kind of option has a return of 70% if the option expires within the boundary, which means that if the signal is correct, I could get a return of $945 on my investment.
The market price for EUR/USD at the buying time (11:31) was 1.30745 and the boundary I got was 1.30752-1.30680. The EUR/ USD price stayed inside the boundary and the market price at the expiry time (12:00) was 1.30696 therefore giving me a nice amount of $945.

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Evening Signals – Wednesday , 28 Dec – 2011  12: 00 AM GMT

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• 27 December 2011 4:55 PM GMT

Trades placed by OptionFair

EUR/GBP

Based on Doug’s analysis of the EUR/GBP, as a result of the slow holiday the pair is making an attempt to rise up to the pivot point of 0.8430 and then it is likely to drop. This gives us a trading opportunity on these instruments: “High” or “Low”.
At 10:00 am I logged into the optionFair™ Binary Options Trading Platform. The market price for the EUR/GBP at this time was 0.83421. Seeing as though it is below the pivot point- 0.8430 I decided to trade $1,150 on the “High” instrument.
This kind of option has a return of 70% if the option expires above the strike price at the expiry time, which means I’ll earn $805 on my investment.
The market price for the pair at the expiry time (10:30) was 0.83435, which is above my buying price 0.83421, and I won $805.

EUR/USD

Based on Doug’s analysis of the EUR/ USD is expected to rise up to 1.3090 and then to show bearish signs. I noticed that the market was still low and that creates an opportunity on the instruments: “High” “Touch” and “No Touch Down”.
I logged in the optionFair™ Binary Options trading platform at 11:45 and I traded with $1100 on the “Touch” instrument. This kind of option has a return of 77% if the option will touch the strike price prior to expiry, which means that if the signal is correct, I could get a return of $847 on my investment.
The market price for EUR/USD at the buying time (11:50) was 1.30724 and the target price was 1.30744. The EUR/ USD price did rise as hoped for and hit the strike price before the expiry at 11:53 therefore I won the position after 3 minutes earning $847!

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1. Regulation: Regulated brokers tend to be more fair with their clients. There’s isn’t a 100%, but losing the approval they worked so hard to get, is likely a risk they won’t take. The US NFA and CFTC, British FSA, Swiss FINMA and the Australian ASIC are all good stamps. The US authorities made significant improvements, so they became more relevant. Don’t settle for seeing a stamp of approval on the broker’s site. Check out the official government sites of each regulatory body.
2. Profitability rate:  Speaking of regulation, this is a rather new metric, that is only available to US brokers. Brokers are now required to post the profitability rate of their customers. A broker with a higher profitability rate likely works harder to make his traders succeed. This can be done in terms of education, support or anything else.
3. Transparency: With the significant growth of forex social networks, transparency isn’t only a nice buzzword. Is our potential broker available on social networks such as Currensee or FXBees? If so, it’s a good sign, that he has less to hide.
4. Google Bad Reviews: Positive reviews can be tricky thing, but look up for genuine negative ones – Google the broker’s name with words such as “sucks” or “withdrawal” to see if clients had troubles with the broker, especially in the sensitive field of withdrawing money. Too many genuine complaints mean trouble.
5. Broker type: Most brokers are market makers, meaning they create the market between their traders. This may easily lead to a conflict of interest between the broker and the trader, as the broker is also a participant in this market, and may bet against the trader. NDD / ECN / STP brokers, that generally send the orders to bigger institutions and just serve as mediator taking commissions, tend have better morals. As most brokers are market makers, and many of them are OK, this factor is hard to apply. Nevertheless, I believe that these models will become more prominent in 2012, thus allowing the traders more choice.

Spreads, leverage, platform type, and many other parameters are also of importance, but at the end of the day, you want to know that your broker is reliable.

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Before we get into the details, traders, have your credit card ready. Click here to create an account with optionFair and once you make your deposit, come back to read the rest of this article. And don’t forget you “get additional bonus up to 35%” on whatever amount you deposit. Binary options traders, especially those who are new, must bear in mind that while binary options trading, also known as fixed risk trading offers, high potential to profit from the financial markets, it does involves a bit of knowledge on the assets you trade and the prevailing market conditions. In the optionFair guide, we list out the three primary types of binary options available with optionFair and explain how each of these types of binary options works.

The binary options trading tips has been designed bearing in mind the optionFair trading platform. While the options trading tips can be used with any binary options broker, this tutorial deals specifically with the optionFair binary options trading platform. optionFair is unique in being the only platform which allows the trader to invest in both sides of the pricing range, ensuring fairness in pricing and creating more profit opportunities.

optionFair Guide – Types of binary options trading

optionFair offers three kinds of binary options trading as mentioned below. There are three factors that influence the outcome of a trade. The market price, target price and the expiry time. It is essential to understand some terminology before you start trading.

• Market Price, is the present prevailing price. The present price when you enter or open a contract.
• Target Price is the set price by the broker. This constantly changes and the target price is frozen when you enter or open a contract.
• Expiry Time is the time that is set when the contract expires. By default every asset has 15 minutes of trading time before the contract ends. So for example, if you choose an asset at 11:00AM which expires in 8 minutes, then this means that you can open a contract within 8 minutes. After the 8 minutes expire, your asset is frozen for 15 minutes. You can only sit and hope that your trade ends in the money.

Optionfair Guide Tip: Timing is thus essential when you enter or open a contract as it defines the criteria for your success.

High/Low Options Trading

High/Low type of binary options trading is where you speculate whether the asset you trade will end up higher or lower at the present market or target price. For example, let’s assume you are trading the BP stock. When you click on the + button and the present market price is 452.776 and the contract expires in 15 minutes, then basically you speculate that in 15 minutes, the asset will end up higher than 452.77

optionFair Guide – One Touch Trading

One touch options trading type of binary options trading is where you speculate whether the asset you trade will touch or not touch the target price. For example, if you are trading the crude oil asset, where the present market price is 98.660 and the target price is 98.815 and the contract expires in 15 minutes, and you select the ‘Touch’ option, then you state that at the end of the 15 minutes, the crude oil asset will touch the target price. One thing to remember is that it doesn’t matter if the target price exceeds the preset price range. As long as the price touches the target price, you are ‘in the money’

Boundary Options Trading

Boundary option is a type of binary option that allows you to trade within a range. It is quite similar to One touch, but in boundary option, you have ranges. For example if you are trading crude oil asset with a market price of 98.700 and the contract expires in 15 minutes, you are shown the upper and lower prices of 98.828 and 98.597. You speculate that at the end of the expiry the asset will either end inside the range (within 98.828 and 98.597) or outside the range.

optionFair Guide – How to trade with optionFair

Traders can choose any of the three kinds of binary options trading available at optionFair. However, there are some subtle differences that traders need to bear in mind.

When and what assets to trade the High/Low option

Choose the High/Low kind of binary option when you think that the asset will end higher or lower than the market price within the time frame. The best assets to trade high/low include stocks such as Barclays, Google or Apple. You can also trade commodities such as Crude Oil, Gold. Currency trading under high/low is recommended only if you are sure of what you are doing.

With the High/Low option it is advisable to open your trades 15 to 30 minutes before expiry based on the chart analysis from the previous hour. Also take into consideration the prevailing market conditions that might affect the price of the asset.

When and what assets to trade the One Touch option

The one touch option is best defined with the statement, will OIL touch 98.825 price range in the next 15 minutes or not. The one touch option is best suited for commodities such as OIL, Gold which are not very volatile. By making use of economic indicators, there is a good chance that you can actually profit with one touch options.

When and what assets to trade boundary options

Boundary options are loosely related to support and resistance levels. As obvious, currencies are the best assets to trade and the probability of winning from boundary options are high if you can read the currency charts on a daily basis.

Bear in mind that the above tips should act as a general guideline. It is advisable that traders should develop their own strategies to trade binary options as there is no ‘one strategy fits all’

optionFair Guide – Quick Trading Tips

Above/Below options are now available for trading on weekends for the assets EUR/USD, OIL, FTSE, DOW JONES. Buy an Above/Below option choosing the direction you think the markets are moving. A successful investment will return between 210% – 350% depending on how far the target is from the Friday close.

Click here to read the optionFair trading tutorial. Make use of the optionFair guide trading tips and start trading binary options with more success!

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Evening Signals – Friday , 23 Dec – 2011  12: 40 AM GMT

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