Successful Trades on Jan 9, 2013

Trades Placed by optionFair

AUD/USD

Christopher Lewis stated in his analysis of the AUD/USD, “It looks like we are going to see continued bullishness in the Australian dollar”. This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.

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

The market price for the AUD/USD at the buying time (14:46) was 1.05059 and the target price was 1.05085 for the expiration of 15:00. The asset touched my target price at 14:53 and I made $1190 in 7 minutes.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD, “I think this market will more than likely fall over the next several sessions”. That creates an investment opportunity on the instruments: “Low”, “No Touch” and “Touch”.

I logged onto the optionFair trading platform and traded $1600 on the "Low" instrument. This kind of option has a potential return of 85% if the option closes below 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 (14:52) was 1.30586 for the expiration of 15:00. The asset closed on 1.30576 and I made $1360.