Successful Trades on Nov 22, 2012

Trades Placed by optionFair

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD; “…this does in fact signal buying…long is certainly the direction I would prefer to be in”. This indicates an investment opportunity using the instruments: “High”, “Touch” and “No Touch”.

I logged onto the optionFair trading platform and traded $1500 on the "High" instrument. This kind of option has a possible return of 85% if the option will close above the target price, meaning that if the signal is correct I could get a return of $1275 on my investment.

The target price for EUR/USD at the buying time (09:54) was 1.28435 for the expiry of 10:00. The asset closed on 1.28472 and I made $1275.

GBP/USD

Christopher Lewis stated in his analysis of the GBP/USD; “With this in mind, I am very bullish of this pair”. This indicates an investment opportunity with the following positions: “High”, “Touch” and “No Touch” on the GBP/USD.

With optionFair’s trading platform, I traded $1400 using the “Touch” instrument. This kind of option has a return of 72% if the option touches the strike price prior to the expiry, meaning that if the signal is correct, I could get a return of $1008 on my investment.

The market price for the GBP/USD at the buying time (11:57) was 1.59513 and the target price was 1.59552 for the expiration of 12:15. The asset touched my target price at 12:02 and I made $1008 in 5 minutes!