Successful Trades on Jan 28, 2013

Trades Placed by optionFair

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “In a world where most central banks are trying to kill off their own currencies, this gives a massive green light for the bullish to get involved”. This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.

I logged in the optionFair trading platform and traded $1700 with the “Touch” instrument. This kind of option has a possible return of 85% 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 (11:04) was 1.34276 and the target price was 1.34332 for the expiry time of 11:15. The asset touched my target price at 11:07 and I made $1309 in 3 minutes!

USD/JPY

Christopher Lewis stated in his analysis of the USD/JPY that; “we could see this pair rise to the 95 level. In fact, I believe it goes much higher than that over the long-term, but I think that 95 will be the next target.” This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.

I logged onto the optionFair trading platform and traded $1600 on the "High" instrument. This kind of option has a potential return of 65% if the option closes above the target price, which means that if the signal is correct I could get a return of $1,040 on my investment.

The market price for USD/JPY at the buying time (11:03) was 90.637 for the expiry time of 11:15. The asset closed at 90.686 and I made $1,040.