Trades Placed by optionFair
EUR/USD
Christopher Lewis stated in his analysis of the EUR/USD that, “These types of candles are very difficult because they are such great sell signals by themselves”. This indicates an investment opportunity on the instruments: “Low”, “No Touch” and “Touch”.
I logged onto the optionFair trading platform and traded $1600 on the "Low" instrument. This kind of option has a potential return of 80% if the option closes below the target price, which means that if the signal is correct I could get a return of $1280 on my investment.
The market price for EUR/USD at the buying time (10:20) was 1.32141 for the expiry time of 10:30. The asset closed on 1.32104 and I made $1280.
USD/JPY
Christopher Lewis stated in his analysis of the USD/JPY that, “I fully expect to see this pair continue higher.” This indicates an investment opportunity with the following positions: “High”, “Touch” and “No Touch”.
I logged onto the optionFair binary options trading platform and I traded $1500 on the "High" instrument. This kind of option has a potential return of 62% if the option closes above the target price, which means that if the signal is correct I could get a return of $930 on my investment.
The market price for the USD/JPY at the buying time (10:01) was 84.366 for the expiry time of 10:15. The asset closed at 84.373 and I made $930 in under 15 minutes.