Successful Trades on Mar 19, 2013

Trades Placed by optionFair

GBP/USD

Christopher Lewis states in his analysis of the GBP/USD, “With that being the case, it appears that this market should continue lower...With that being said, I am selling this pair on a break lower”. This indicates an investment opportunity with the instruments: “Low”, “No Touch” and “Touch”.

I logged onto 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 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 (10:14) was 1.50984 for the expiry of 10:10. The asset closed on 1.50932 and I made $1360 in less than ten minutes.

EUR/USD

Christopher Lewis said, in his analysis of the EUR/USD, “Because of this, I believe that the downside will continue to be pressured, and that we could see a slow grind lower over the next couple of days.” This indicates an investment opportunity on the instruments: “Low”, “No Touch” and “Touch down”.

I logged in the OptionFair binary options trading platform and I traded $1700 on the “Touch” instrument, selecting the ‘down’ button. This kind of possible option has a 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 (10:15) was 1.29348 and the target price was 1.29278 for the expiry of 10:45. The asset touched my target price at 10:36 and I made $1309.