Successful Trades on June 5, 2013

Trades Placed by optionFair

AUD/USD

Christopher Lewis stated in his analysis of the AUD/USD that, “The Aussie dollar could find itself weakening further. There are a lot of pundits out there that invisibly moves down to the 0.90 handle…I firmly believe this can and more than likely will happen”. This indicates an investment opportunity on the instruments: “Low”, “No Touch” and “Touch”.

I logged onto the OptionFair trading platform and I traded $1,600 on the "Low" instrument. This kind of option has a potential return of 81% if the option will close below the target price, which means that if the signal is correct I could get a return of $1,296 on my investment.

The market price for AUD/USD at the buying time (10:52) was 0.95825 for the expiry of 11:00. The asset closed on 0.95823 and I made $1,296.

WTI CRUDE OIL

Christopher Lewis stated in his analysis of the Crude Oil, “All things being the same, I believe that we will try to push higher in the short term.” That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.
After logging on to the OptionFair binary options trading platform, I traded $1600 on the “Touch” instrument. This kind of option has a potential 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 $1152 on my investment.

The market price for the Crude Oil at the buying time (10:54) was 93.705 and the target price was 93.825 for the expiry of 11:30. The asset touched my target price at 11:29 and I made $1152.