Trades Placed by optionFair
GBP/USD
Christopher Lewis states in his analysis of the GBP/USD; "I am much more interested in selling this pair as I think the downward momentum is really starting to pick up." That creates an investment opportunity on the instruments: “Low”, “No Touch” and "Touch".
I logged into the optionFair trading platform and I traded $1500 using the "Low" instrument. This kind of option has a return of 85% if the option will close below the target price, meaning if the signal is correct I could get a return of $1275 on my investment.
The target price for GBP/USD at the buying time, 11:07, was 1.5796 for the expiry time of 11:15. The asset closed on 1.59769 and I made $1275 in less than ten minutes.
EUR/USD
In his analysis of the EUR/USD Christopher Lewis states; "I don't know how quickly this pair will fall, but I do believe that it is only a matter time". That creates an investment opportunity in the following positions: “Low”, “No Touch” or “Touch” on the EUR/USD.
With optionFair’s trading platform, I traded $1500 using the “Touch” instrument, selecting ‘down’. This kind of option has a return of 77% if the option touches the strike price prior to the expiry (meaning the signal is correct), I could get a return of $1155 on my investment.
The market price for the EUR/USD at the buying time, 11:24, was 1.27518 and the target price was 1.27434. At 11:31 the market hit my target price and I earned $1155 in 7 minutes!