Successful Trades on Feb 25, 2013

Trades Placed by optionFair

NZD/USD

Christopher Lewis stated in his analysis of the NZD/USD that, “I believe that the slight upward tilt of the momentum in this pair suggests that we are going to breakout to the upside, and when we do we could see a move is much is 1000 pips… New Zealand will find its currency going higher over the long run”. This indicates 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 80% if the option will close above the target price, which means that if the signal is correct I could get a return of $1280 on my investment.

The target price for NZD/USD at the buying time (10:22) was 0.83785 for the expiry of 10:30. The asset closed on 0.83827 and I made $1280.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “A bounce from that level should return the pair back to the 1.3250 level, and perhaps even the 1.35 level”. This indicates an investment opportunity with the instruments: “High”, “Touch” and “No Touch”.

I logged in the OptionFair trading platform and traded $1500 on the “Touch” instrument, selecting the ‘down’ button. This kind of option has a possible 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 $1155 on my investment.

The market price for the EUR/USD at the buying time (11:59) was 1.32366 and the target price was 1.32407 for the expiration of 12:15. The asset touched my target price at 12:04 and I made $1155 in 5 minutes!