Successful Trades on Apr 18, 2013

Trades Placed by optionFair

GBP/USD

Christopher Lewis stated in his analysis of the GBP/USD “There is a lot of fear in the marketplace right now, so it's probably only a matter of a negative headline to get this market to start falling apart”. That indicates an investment opportunity with the instruments: “Low”, “No Touch” and “Touch”.

I logged onto the OptionFair trading platform and I traded $1600 on the "Low" instrument. This kind of option has a possible 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 (11:51) was 1.52329 for the expiry of 12:00. The asset closed on 1.52306 and I made $1360.

EUR/USD

Christopher Lewis stated in the analysis of the EUR/USD that, “…the US Dollar Index looks very strong after the session as well. Again, on a break of the lows from the Wednesday session, I'm selling this pair.” This indicates an investment opportunity on the instruments: “Low”, “No Touch” and “Touch”.

I logged onto the OptionFair trading platform and I traded $1500 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 $1155 on my investment.

The market price for the EUR/USD at the buying time (11:08) was 1.30525 and the target price was 1.30462 for the expiry of 11:30. The asset touched my target price at 11:20 and I made $1155.