Successful Trades on Apr 9, 2013

Trades Placed by optionFair

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “I would be comfortable buying again and probably aiming for somewhere in the neighborhood of 1.33 in the short term.” This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.

I logged onto the OptionFair trading platform and traded $1600 on the “Touch” instrument. 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 $1232 on my investment.

The market price for the EUR/USD at the buying time (10:57) was 1.30174 and the target price was 1.30208 for the expiration of 11:15. The asset touched my target price at 11:04 and I made $1232 in 7 minutes!

NZD/USD

Following Christopher Lewis’s analysis of the NZD/USD in which he said, “that would have the market going as high as 0.95”, an investment opportunity can be found through the instruments: “High”, “Touch” and “No Touch”.

I logged onto the OptionFair trading platform and traded $1500 on the "High" instrument. This kind of option has a return of 80% if the option closes above the target price, which means that if the signal is correct I could get a return of $1200 on my investment.

The market price for NZD/USD at the buying time (10:40) was 0.84815 for the expiry of 10:50. The asset closed on 0.84825 and I made $1200.