Successful Trades on July 31, 2013

Trades placed by OptionFair

USD/JPY

According to Christopher Lewis analysis of the USD/JPY, “This market will more than likely aim for the 100 level right away. After that, I could see the 103 level, and then eventually the 105 level”. That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch down”.

I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "High" instrument. This kind of option has a 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 (11:11) was 97.818 for the expiration of 11:20. The Asset closed on 97.854 and I made $1120.

AUD/USD

According to Christopher Lewis analysis of the AUD/USD: “This pair has had a fairly negative bias over the last several weeks, and because of that we feel that the market will eventually break down”. That creates an investment opportunity on the instruments: “Low”, “No Touch up” and “Touch down”.

I logged in the OptionFair™ binary options trading platform and I traded $1500 on the “Touch Down” instrument. This kind of option has a return of 70% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1050 on my investment.

The market price for the AUD/USD at the buying time (11:08) was 0.90394 and the target price was 0.90329 for the expiration of 11:30. The Asset touched my target price at 11:19 and I made $1050.