Successful Trades on June 11, 2013

Trades Placed by optionFair

USD/CAD

Christopher Lewis stated in his analysis of the USD/CAD that, “This market will more than likely head towards the 1.03 level”. This indicates an investment opportunity on the instruments: “High”, “Touch” and “No Touch”.

I logged in the OptionFair trading platform and I traded $1600 on the "High" instrument. This kind of option has a potential 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 market price for USD/CAD at the buying time (09:51) was 1.01925 for the expiry of 10:00. The asset closed on 1.01960 and I made $1296.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “I firmly believe that this market will give us a little bit of an upside move from here.” This indicates an investment opportunity with the following positions: “High”, “Touch” and “No Touch”.
By logging onto OptionFair’s trading platform, I traded $1700 on the “Touch” instrument. This kind of option has a possible 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 (10:49) was 1.32626 and the target price was 1.32678 for the expiry of 11:00. The asset touched my target price at 10:52 and I made $1309 in just 3 minutes!