Successful Trades on Mar 4, 2013

Trades Placed by optionFair

EUR/JPY

Christopher Lewis stated in his analysis of the EUR/JPY that, “Because of this, it appears that the pair will be able to continue higher”. This indicates an investment opportunity with the instruments: “High”, “Touch” and “No Touch”.

I logged in the OptionFair trading platform and I traded $1600 on the "High" instrument. This kind of option has a potential return of 70% if the option will close above the target price, which means that if the signal is correct I could get a return of $1120 on my investment.

The target price for EUR/JPY at the buying time (09:52) was 121.500 for the expiry of 10:00. The asset closed on 121.545 and I made $1120.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “With that being the case, as long as we don't get any massive headlines out of Europe, and more specifically Italy, I believe a bounce can happen”. This indicates an investment opportunity with the instruments: “High”, “Touch ” and “No Touch”.

I logged in the OptionFair binary options trading platform and traded $1700 with 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 (10:34) was 1.30118 and the target price was 1.30172 for the expiry of 10:45. The asset touched my target price at 10:37 and I made $1309 in 3 minutes!