Successful Trades on Feb 28, 2013

Trades Placed by optionFair

AUD/USD

Christopher Lewis stated in his analysis of the AUD/USD that, “The resulting daily candle formed a hammer, which of course shows significant support and is one of my favorite bullish signals.” This indicates an investment opportunity with the following positions: “High”, “Touch” and “No Touch”.

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

The market price for the AUD/USD at the buying time (10:32) was 1.02721 and the target price was 1.02772 for the expiry of 11:00. The asset touched my target price at 10:39 and I made $1190.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “I still think this pair is extraordinarily bearish”, an investment opportunity on the following instruments is created: “Low”, “No Touch” and “Touch”.

I logged in the OptionFair binary options trading platform and I 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 earn $1360 on my investment.

The market price for EUR/USD at the buying time (10:16) was 1.31442 for the expiry of 10:30. The asset closed on 1.31413 and I made $1360 in less than 15 minutes.