Successful Trades on Jan 3, 2013

Trades Placed by optionFair

AUD/USD

Christopher Lewis stated in his analysis of the AUD/USD, “I do expect the Aussie to do fairly well over the short-term”. That indicates an investment opportunity with the instruments: “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 possible return of 81% if the option will close above the target price, which means that if the signal is correct I could get a return of $1296 on my investment.

The market price for AUD/USD at the buying time (10:21) was 1.05034 for the expiry time of 10:30. The asset closed on 1.05052 and I made $1296 in less than ten minutes.

GBP/USD

Christopher Lewis stated in his analysis of the GBP/USD that, “Ultimately, I still think we are going higher and I do think that the top of the shooting star will be broken”. That indicated an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.

With optionFair’s trading platform, I 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 (10:42) was 1.62277 and the target price was 1.62345 for the expiration of 11:00. The asset touched my target price at 10:54 and I made $1224 in less than 15 minutes.