AUD/USD
According to Christopher Lewis's analysis of the AUD/USD: “In the meantime, I am selling resistive looking candles as I believe that the market is still heavily positioned to the downside”. 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 $1700 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 $1190 on my investment.
The market price for the AUD/USD at the buying time (10:50) was 0.92097 and the target price was 0.92052 for the expiration of 11:30. The Asset touched my target price at 10:54 and I made $1190 in 4 minutes.
USD/CAD
Following Christopher Lewis’s analysis of the USD/CAD “That being the case, I think that the market will eventually try to reach the 1.06 handle, which to me is a significant resistance area”, an investment opportunity on the following instruments is created: “High”, “Touch up” 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 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 USD/CAD at the buying time (10:07) was 1.03878 for the expiration of 10:15. The Asset closed on 1.03890 and I made $1296.
