Successful Trades on Jan 30, 2013

Trades Placed by optionFair

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD “…attempted to breakout and above the 1.3500 handle. A break of this area would indeed be very significant, and have me buying this market hand over fist”. This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.

I logged onto the optionFair trading platform and traded $1700 on 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 (12:07) was 1.35258 and the target price was 1.35313 for the expiry time of 12:30. The asset touched my target price at 12:19 and I made $1309.

USD/JPY

Christopher Lewis stated in his analysis of the USD/JPY, “I believe that this pair will continue much higher over the long-term, and as a result I am perfectly comfortable buying it anywhere in this neighborhood”. This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.

I logged onto the optionFair binary options trading platform and I 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 $1040 on my investment.

The market price for USD/JPY at the buying time (12:14) was 91.277 for the expiry time of 12:30. The asset closed at 91.330 and I made $1040.