Successful Trades on May 23, 2013

Trades Placed by optionFair

USD/JPY

Christopher Lewis stated in his analysis of the USD/JPY that, “However, at the end of the session we saw the market bounced back, resulting in a relatively bullish candle overall”. This indicates an investment opportunity on the instruments: “High”, “Touch” and “No Touch”.
I logged in the OptionFair trading platform and traded $1600 on the "High" instrument. This kind of option has a potential return of 70% if the option will close above the target price, which means that if the signal is correct I could get a return of $1120 on my investment.
The target price for USD/JPY at the buying time (10:46) was 101.810 for the expiry of 11:00. The asset closed on 101.934 and I made $1120.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that; “I do recognize the fact that this is an extraordinarily bearish candle, and of course I accept the fact that this pair could in fact begin to break down at this point”. This indicates an investment opportunity with the instruments: “Low”, “No Touch” and “Touch”.
I logged onto the OptionFair trading platform and traded $1700 on the “Touch” instrument, selecting the ‘down’ button. This kind of option has a possible return of 77% if the option touches the strike price prior to expiry. That 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 (11:12) was 1.28854 and the target price was 1.28750 for the expiry of 11:30. The asset touched my target price at 11:22 and I made $1309.