Successful Trades on Feb 20, 2013

Trades Placed by optionFair

USD/CAD

Christopher Lewis analysis of the USD/CAD that, “Resistance has completely crumbled most of the time. In other words - it becomes a compelling buy signal”. That creates an investment opportunity on 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 potential 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 target price for USD/CAD at the buying time (11:39) was 1.01209 for the expiry of 11:45. The asset closed on 1.01216 and I made $1296 in less than 10 minutes.

EUR/USD

Christopher Lewis indicated in his analysis of the EUR/USD that, “I believe that the Euro is going to continue to gain on the Dollar, and as a result would be more than willing to buy this market”. That shows investment opportunities with the following positions: “High”, “Touch” and “No Touch”.

On OptionFair’s trading platform, I 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 (12:02) was 1.34156 and the target price was 1.34201 for the expiry of 12:15. The asset touched my target price at 12:04 and I made $1309 in 2 minutes!