Successful Trades on Jan 10, 2013

Trades Placed by optionFair

AUD/USD

Christopher Lewis stated in his analysis of the AUD/USD “The 1.06 level above is the first target for the buyers in my opinion. I think that is exactly where they are going to be aiming for in the short run”. This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.

I logged onto the optionFair binary options trading platform and traded $1700 on the “Touch” instrument. This kind of option has a potential return of 70% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1190 on my investment.

The market price for the AUD/USD at the buying time (10:41) was 1.05581 and the target price was 1.05621 for the expiry time of 11:00. The asset touched my target price at 10:46 and I made $1190 in 5 minutes!

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “I think that there is an obvious bias to the upside”. This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.

I logged onto the optionFair trading platform and I traded $1600 on the "High" instrument. This kind of option has a return of 85% if the option closes above the target price, which means that if the signal is correct I could get a return of $1360 on my investment.

The market price for EUR/USD at the buying time (10:40) was 1.30582 for the expiration of 10:50. The asset closed at 1.30640 and I made $1360 in ten minutes.