Successful Trades on Apr 29, 2013

Trades Placed by optionFair

NZD/USD

Christopher Lewis stated in his analysis of the NZD/USD; “The fact that I see two shooting stars in a row at this vital level certainly makes me believe that we could see a pretty significant pullback.” This indicates an investment opportunity in the following positions: “Low”, “No Touch” and “Touch”.

I logged onto the OptionFair trading platform and traded $1600 on the "Low" instrument. This kind of option has a potential return of 80% if the option will close below the target price, which means that if the signal is correct I could get a return of $1280 on my investment.

The market price for the NZD/USD at the buying time (10:36) was 0.85349 for the expiry of 10:45. The asset closed at 0.85321 and I made $1280.

CAD/JPY

Christopher Lewis’ stated in his analysis of the CAD/JPY that,“ Going forward, I believe the dips will be used as buying opportunities by the bullish out there, and the selling this pair is going to be a next to impossible.” The following positions create an investment opportunity: “High”, “Touch” and “No Touch”.

I logged onto the OptionFair trading platform and traded $1600 on the "High" instrument. This kind of option has a potential return of 81% if the option closes above the target price, which means that if the signal is correct I could get a return of $1296 on my investment.

The market price for CAD/JPY at the buying time (10:16) was 96.485 for the expiry of 10:30. The asset closed at 96.566 and I made $1296.