Successful Trades on Apr 8, 2013

Trades Placed by optionFair

GBP/USD

Christopher Lewis stated in his analysis of the GBP/USD that, “I believe that there are plenty of short-term opportunities to start buying the Pound”. This indicates an investment opportunity with the instruments: “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 85% if the option will close above 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 (09:52) was 1.53311 for the expiration of 10:00. The asset closed on 1.53371 and I made $1360.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “I am not going to hesitate to sell this market somewhere in this general vicinity”. This indicates an investment opportunity with the instruments: “Low”, “Touch” and “No Touch”.

I logged in the OptionFair trading platform and 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 $1309 on my investment.

The market price for the EUR/USD at the buying time (10:38) was 1.29993 and the target price was 1.29941 for the expiration of 11:00. The asset touched my target price at 10:41 and I made $1309 in 3 minutes!