Successful Trades on Feb 14, 2013

Trades Placed by optionFair

GBP/USD

Christopher Lewis stated in his analysis of the GBP/USD that, “With all that being said, it's obvious that the downtrend is in full fact, and certainly strong.” This indicates 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 will close below the target price, which means that if the signal is correct I could get a return of $1360 on my investment.

The target price for GBP/USD at the buying time (11:04) was 1.55282 for the expiry time of 11:10. The asset closed on 1.55210 and I made $1360.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “For myself, I simply will not sell this pair at the moment as I believe there's far too much bullishness underneath”. This indicates an investment opportunity through the instruments: “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 potential 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 (10:39) was 1.34042 and the target price was 1.34091 for the expiry of 11:00. The asset touched my target price at 10:57 and I made $1309.