USD/CAD
Following Christopher Lewis’s analysis of the USD/CAD “Because of this, I will continue to buy this market on pullbacks and show signs of support, mainly using the short time frames”, 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 (10:30) was 1.09080 for the expiration of 10:40. The Asset closed on 1.09138 and I made $1296.
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EUR/USD
According to Christopher Lewis's analysis of the EUR/USD: “Nonetheless, I see a buying opportunity of the next several sessions”. 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 (10:53) was 1.36609 and the target price was 1.36659 for the expiration of 11:15. The Asset touched my target price at 10:56 and I made $1309 in 3 minutes.
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