USD/JPY
According to Christopher Lewis’s analysis of the USD/JPY, “Because of that, I am not hesitating to add to my long position already, and continue to be long of this pair for longer term trading as well as short”. 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 70% if the option will close above the target price, which means that if the signal is correct I could get a return of $1120 on my investment.
The market price for USD/JPY at the buying time (11:34) was 105.383 for the expiration of 11:40. The Asset closed on 105.393 and I made $1120.
EUR/USD
According to Christopher Lewis's analysis of the EUR/USD: “I do believe that the ascending triangle kind of shape that we see in this chart does suggest that we will eventually break out to the upside”. 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 (11:43) was 1.37255 and the target price was 1.37299 for the expiration of 12:00. The Asset touched my target price at 11:49 and I made $1309.
