Successful Trades on June 3, 2013

Trades Placed by optionFair

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “ I see the 1.28 level as the beginning of significant support”. This indicates an investment opportunity with the following instruments: “Low”, “No Touch” and “Touch”.

I logged onto the OptionFair trading platform and traded $1600 on the "Low" instrument. This kind of option has a potential return of 84% if the option closes below the target price, which means that if the signal is correct I could get a return of $1344 on my investment.

The market price for EUR/USD at the buying time (11:11) was 1.30385 for the expiry of 11:20. The asset closed on 1.30366 and I made $1344.

EUR/JPY

Christopher Lewis stated in his analysis of the EUR/JPY that, “We fully expect to see this market hit at least 136… The fact that the Bank of Japan is working against the value of the Yen suggests that this market should hit at least that level, if not higher ones.” This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.

With OptionFair trading platform, I traded $1500 on the “Touch” instrument. This kind of option has a return of 72% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1080 on my investment.

The market price for the EUR/JPY at the buying time (10:47) was 130.491 and the target price was 130.599 for the expiry of 11:15. The asset touched my target price at 10:51 and I made $1080 in 4 minutes!