Successful Trades on Apr 30, 2013

Trades Placed by optionFair

GBP/USD

Christopher Lewis stated in his analysis of the GBP/USD that; “A break of the highest from the Monday candle suggests to me that this market would go much, much higher.” This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.

I logged onto the OptionFair trading platform and traded $1500 with the “Touch” instrument. This kind of option has a potential return of 72% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1080 on my investment.

The market price for the GBP/USD at the buying time (11:03) was 1.54962 and the target price was 1.55007 for the expiry of 11:15. The asset touched my target price at 11:04 and I made $1080 in just 1 minute!

AUD/USD

Based on Christopher Lewis’ analysis of the AUD/USD:“ The market should breakout and above the 1.04 handle.” The following positions create an investment opportunity: “High”, “Touch” and “No Touch down”.

I logged onto the OptionFair trading platform and traded $1600 on the "High" instrument. This kind of option has a possible 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 AUD/USD at the buying time (12:01) was 1.03518 for the expiry of 12:10. The asset closed at 1.03558 and I made $1296.