AUD/USD
Following Christopher Lewis’s analysis of the AUD/USD “Because of this I think there is still a chance that the Australian dollar continues higher, and perhaps bounce all the way to the 0.95 handle, starting a new consolidation zone”, 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 AUD/USD at the buying time (10:41) was 0.93796 for the expiration of 10:50. The Asset closed on 0.93833 and I made $1296.
GBP/USD
Based on Christopher Lewis's analysis of the GBP/USD, “…so because of that shorter-term traders should do fairly well. That being said, I think this is probably going to be a buying opportunity”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.
With OptionFair™ binary options trading platform, I traded $1700 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 $1224 on my investment.
The market price for the GBP/USD at the buying time (10:47) was 1.60092 and the target price was 1.60160 for the expiration of 11:15. The Asset touched my target price at 10:52 and I made $1224 in five minutes.
