Trades Placed by optionFair
EUR/USD
Christopher Lewis states in his analysis of the EUR/USD; "I am very negative of the Euro, even more so than previously. I will be selling this pair ". This suggests a possible investment opportunity on the instruments: “Low”, “Touch” and “No Touch”.
I logged onto the optionFair trading platform and I traded $1500 on the "Low" instrument. This kind of option has a return of 85% if it closes below the target price, which means that if the signal is correct I could get a return of $1225 on my investment.
The target price for EUR/USD at the buying time (09:45) was 1.26883 and the strike price was 1.26879 for the expiration of 10:00. The asset closed on 1.26878 and I made $1125!
AUD/USD
Christopher Lewis advised in his analysis of the AUD/USD; “With all things being said, I am actually still bearish of this pair.” This creates investment opportunities on the following instruments: “Low”, “Touch” and “No Touch”.
With optionFair trading platform, I traded $1400 on the “Touch Down” instrument. This kind of option has a return of 70% if the option will hit the strike price prior to expiry, which means that if the signal is correct I could get a return of $980 on my investment.
The market price for the AUD/USD at the buying time (11:38) was 1.04227 and the strike price was 1.04185 for the expiry of 12:00. At 11:56, the market price touched my target price, therefore I earned $980!