Trades Placed by optionFair
USD/JPY
Christopher Lewis stated in his analysis of the USD/JPY that, “…this market heading towards the 100 handle”. This indicates an investment opportunity on the instruments: “High”, “Touch” and “No Touch”.
I logged onto the OptionFair binary options trading platform and traded $1600 on the "High" instrument. This kind of option has a possible return of 65% if the option will close above the target price, which means that if the signal is correct I could get a return of $1040 on my investment.
The target price for USD/JPY at the buying time (11:38) was 95.399 for the expiry time of 11:45. The asset closed on 95.471 and I made $1040.
EUR/USD
Christopher Lewis stated in his analysis of the EUR/USD that, “Selling the rallies will be the way to go in this market” That creates an investment opportunity on the instruments: “Low”, “No Touch” and “Touch”.
I logged in the OptionFair trading platform and I traded $1700 on the “Touch” instrument, selecting the ‘down’ button. 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 (11:57) was 1.29100 and the target price was 1.29046 for the expiry of 12:15. The asset touched my target price at 12:04 and I made $1309 in 7 minutes!
