Successful Trades on May 20, 2013

Trades Placed by optionFair

USD/CAD

According to Christopher Lewis analysis of the USD/CAD: “this candle does look very strong, and the Canadian economic numbers are starting to slow down at the same time. Because of this, I do believe that we will eventually breakout to the upside in this market”. That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch down”.

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

The target price for USD/CAD at the buying time (10:14) was 1.02801 for the expiration of 10:20. The Asset closed on 1.02828 and I made $1296.

EUR/USD

According to Christopher Lewis analysis of the EUR/USD: “Because of this, it is obvious this pair has significant weakness in it, and of course the lack of economic performance out of the European region isn't going to help”. That creates an investment opportunity on the instruments: “Low”, “No Touch up” and “Touch down”.

I logged in the OptionFair™ binary options trading platform and I traded $1700 on the “Touch Down” instrument. This kind of option has a 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 (10:45) was 1.28632 and the target price was 1.28587 for the expiration of 11:00. The Asset touched my target price at 10:49 and I made $1309 in four minutes.