Trades Placed by optionFair
GBP/JPY
Christopher Lewis stated in his analysis of the GBP/JPY, “We will continue higher and aim for the 135 handle in short order.” This indicates an investment opportunity with the instruments: “High”, “Touch” and “No Touch”.
I logged onto the optionFair trading platform and traded $1400 on the "High" instrument. This kind of option has a return of 85% if the option will close above the target price, which means that if the signal is correct I could get a return of $1190 on my investment.
The market price for GBP/JPY at the buying time (11:05) was 132.512 for the expiry time of 11:15. The asset closed on 132.533 and I made $1190.
EUR/USD
Based on Christopher Lewis analysis of the EUR/USD, “I do feel that we have a slightly upward bias at this point”. This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.
With optionFair’s trading platform, I traded $1600 with the “Touch” instrument. This kind of option has a return of 77% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1232 on my investment.
The market price for the EUR/USD at the buying time (10:51) was 1.29442 and the target price was 1.29499 for the expiry time of 11:30. The asset touched my target price at 11:08 and I made $1232 in 17 minutes.
