Trades Placed by optionFair
USD/JPY
Christopher Lewis stated in his analysis of the USD/JPY that, “The hammer that formed during the Tuesday session would have been at roughly the perfect spot, so I'm still bullish of this pair”. This indicates an investment opportunity on the instruments: “High”, “Touch” and “No Touch”.
I logged into the OptionFair trading platform and traded $1600 on the "High" instrument. This kind of option has a potential return of 65% if the option will close above the target price, which means that if the signal is correct I could get a return of $1040 on my investment.
The target price for USD/JPY at the buying time (10:47) was 95.553 for the expiry of 11:00. The asset closed on 95.607 and I made $1040.
AUD/USD
Christopher Lewis stated in his analysis of the AUD/USD “Looking at this chart, I fully expect to see this pair pullback to the 1.04 level where will find massive support…With that being the case, this is the short-term trader’s type of market right now”. That creates an investment opportunity on the instruments: “Low”, “No Touch” and “Touch”.
I logged onto the OptionFair trading platform and I 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 $1190 on my investment.
The market price for the AUD/USD at the buying time (10:42) was 1.04174 and the target price was 1.04140 for the expiration of 11:00. The asset touched my target price at 10:51 and I made $1190 in 9 minutes.
