Successful Trades on Apr 11, 2013

Trades Placed by optionFair

AUD/USD

Christopher Lewis stated in his analysis of the AUD/USD that, “I think this pair has a significant chance of going much higher”. That indicates investment opportunities wtih the instruments: “High”, “Touch” and “No Touch”.

I logged onto the OptionFair trading platform and I traded $1500 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 $1215 on my investment.

The target price for AUD/USD at the buying time (12:12) was 1.05660 for the expiry of 12:20. The asset closed on 1.05665 and I made $1215.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “Breaking of the bottom of Wednesday's candle would in fact be a very bearish sign, and send this market looking for lower levels”. This indicates an investment opportunity on the instruments: “Low”, “Touch” and “No Touch”.

I logged in the OptionFair trading platform and 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 (13:31) was 1.31304 and the target price was 1.31256 for the expiry of 13:45. The asset touched my target price at 13:40 and I made $1309.