Successful Trades on June 26, 2013

Trades Placed by optionFair

USD/JPY

Christopher Lewis stated in his analysis of the USD/JPY that, “Going forward, I fully expect to see this pair hit the 100 level fairly soon, and possibly higher”. This indicates an investment opportunity with the instruments; “High”, “Touch” and “No Touch”.

I logged onto the OptionFair trading platform and traded $1600 with the "High" instrument. This kind of option has a potential return of 70% if the option closes above the target price, which means that if the signal is correct I could get a return of $1120 on my investment.

The market price for USD/JPY at the buying time (11:30) was 97.530 for the expiry of 11:40. The asset closed on 97.550 and I made $1120.

AUD/USD

Christopher Lewis stated in his analysis of the AUD/USD that, “There are two hammers in a row on the daily chart, and that of course is a very bullish sign”. This indicates an investment opportunity with the following 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 possible return of 81% if the option closes 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 AUD/USD at the buying time (11:29) was 0.92987 for the expiry of 11:40. The asset closed on 0.93038 and I made $1296.