Successful Trades on Dec 19, 2012

Trades Placed by optionFair

GBP/USD

Christopher Lewis stated in his analysis of the GBP/USD that, “Every time this pair pulls back in the future, I will be very interested in buying…I don't really have a scenario where I want to start selling”. This indicates an investment opportunity with the following positions: “High”, “Touch” and “No Touch”.

I logged onto the optionFair trading platform and traded $1700 on the “Touch” instrument. This kind of option has a potential return of 72% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1224 on my investment.

The market price for the GBP/USD at the buying time (10:14) was 1.62716 and the target price was 1.62765 for the expiry time of 10:45. The asset touched my target price at 10:22 and I made $1224 in 8 minutes.

AUD/USD

Christopher Lewis stated in his analysis of the AUD/USD that, “as a result I'm essentially thinking of buying only at this point”. This indicates an investment opportunity with the “High”, “Touch” and “No Touch”.

I logged onto the optionFair binary options trading platform and traded $1800 with the "High" instrument. This kind of option has a potential return of 81% if the option closes above the target price, which means that if the signal is correct I could get a return of $1458 on my investment.

The market price for AUD/USD at the buying time (10:42) was 1.05172 for the expiry time of 11:00. The asset closed on 1.05228 and I made $1458.