OIL
According to Christopher Lewis's analysis of the OIL, “I think this market is trying to build a bit of a base in this general area to bounce to perhaps the $98.50 area” and “I would assume that a bounce has to come fairly soon”. 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 84% if the option will close above the target price, which means that if the signal is correct I could get a return of $1360 on my investment.
The target price for OIL at the buying time (12:42) was 94.815 for the expiration of 13:00. The Asset closed on 94.920 and I made $1360.
GBP/USD
Based on Christopher Lewis's analysis of the GBP/USD, “The Federal Reserve could make this pair go higher, essentially working against the Dollar” and “ I think that the market has more of an upside bias”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.
With OptionFair™ binary options 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 GBP/USD at the buying time (12:39) was 1.58692 and the target price was 1.58756 for the expiration of 13:15. The Asset touched my target price at 12:48 and I made $1080.
