EUR/JPY
Based on Christopher Lewis's analysis of the EUR/JPY, “I also believe that it will eventually be taken out to the upside, so buying is the only thing that I can do in this market”. 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 (11:43) was 142.862 for the expiration of 11:50. The Asset closed at 142.902 and I made $1200.
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OIL
According to Christopher Lewis's analysis of the OIL: “I would suspect that the next move will be down to the 90.00 handle”. That creates an investment opportunity on the instruments: “Low”, “No Touch” and “Touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1500 on the “Touch down” 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 OIL at the buying time (12:26) was 92.815 and the target price was 92.748 for the expiration of 13:00. The Asset touched my target price at 12:34 and I made $1080.
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