Successful Trades on Jan 23, 2013

Trades Placed by optionFair

AUD/USD

Christopher Lewis stated in his analysis of the AUD/USD that, “With that being said, I think this is very quickly becoming a ‘buy only’ type of market.” This indicates an investment opportunity through the instruments: “High”, “Touch” and “No Touch”.

I logged in the optionFair binary options trading platform and traded $1600 on the "High" instrument. This kind of option has a possible 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 $1296 on my investment.

The target price for AUD/USD at the buying time (10:13) was 1.05517 for the expiration of 10:30. The asset closed on 1.05533 and I made $1296.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “It is because of this that I believe this pair can go higher.” This indicates an investment opportunity with the instruments: “High”, “Touch” and “No Touch”.

I logged in the optionFair binary options trading platform and I traded $1700 on the “Touch” instrument. This kind of option has a possible 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 $1309 on my investment.

The market price for the EUR/USD at the buying time (10:20) was 1.32872 and the target price was 1.32952 for the expiration of 11:00. The asset touched my target price at 10:26 and I made $1309 in 6 minutes!