Successful Trades on Apr 22, 2013

Trades Placed by optionFair

EUR/USD

According to Colin Jessups’ analysis of the EUR/USD “What this now suggests is that we are heading lower”. That creates an investment opportunity on the instruments: “Low”, “No Touch” and “Touch down”.

I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "Low" instrument. This kind of option has a 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 EUR/USD at the buying time (10:05) was 1.30749 for the expiration of 10:15. The Asset closed on 1.30700 and I made $1360.

GBP/USD

According to Christopher Lewis analysis of the GBP/USD “we are still in an overall downtrend. It is because of this that I would not be surprised to see the downward pressure finally push this market lower”. That creates an investment opportunity on the instruments: “Low”, “No Touch” and “Touch down”.

I logged in the OptionFair™ binary options trading platform and I traded $1700 on the "Touch Down" instrument. This kind of option has a return of 72% if the option touches the target price prior to expiry, which means that if the signal is correct I could get a return of $1224 on my investment.

The market price for GBP/USD at the buying time (10:11) was 1.52300 and the target price was 1.52253 for the expiration of 10:45. At 10:26 the market hit my target price and I made $1224.