EUR/USD
According to Christopher Lewis's analysis of the EUR/USD: “I think that this market still has continuing the bullish attitude to it, and as a result I am only buying the Euro at this point”. That creates an investment opportunity on the instruments: “High”, “Touch up” and “No Touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1700 on the “Touch Up” instrument. This kind of option has a return of 77% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1309 on my investment.
The market price for the EUR/USD at the buying time (11:28) was 1.37431 and the target price was 1.37432 for the expiration of 11:45. The Asset touched my target price at 11:31 and I made $1309.
EUR/JPY
Based on Christopher Lewis's analysis of the EUR/JPY, “This market has been very bullish over the last several months, so it would not be surprising at all to me to see this market continues higher, and I fully expect to test the 145 level over the course of the next month or so”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.
With optionFair™ binary options trading platform, I traded $1600 on the “High” instrument. This kind of option has a return of 75% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1200 on my investment.
The market price for the EUR/JPY at the buying time (11:21) was 141.800 for the expiration of 11:30. The Asset closed at 141.805 and I made $1200.
