Successful Trades on Mar 28, 2013

Trades Placed by optionFair

AUD/USD

Christopher Lewis stated in his analysis of the AUD/USD that, “We should see a continued strengthening Australian dollar”. This indicates an investment opportunity on the instruments: “High”, “Touch” and “No Touch”.

I logged in the OptionFair binary options trading platform and I 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 AUD/USD at the buying time (10:15) was 1.04362 for the expiry of 10:30. The asset closed on 1.04385 and I made $1296.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “I believe that money will still flow from left to right as far as the Atlantic Ocean is concerned, and as a result we will continue to see weakness in the Euro.” That indicates an investment opportunity on the instruments: “Low”, “No Touch” and “Touch”.

I logged onto the OptionFair binary options trading platform and I traded $1500 on the “Touch down” instrument. This kind of 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 $1155 on my investment.

The market price for the EUR/USD at the buying time (10:14) was 1.28060 and the target price was 1.27982 for the expiration of 10:45. The asset touched my target price at 10:18 and I made $1155 in just 4 minutes!