USD/CAD
Following Christopher Lewis’s analysis of the USD/CAD “I think this pair could very well take off to the upside”, 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 $1500 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 $1215 on my investment.
The market price for USD/CAD at the buying time (11:57) was 1.11299 for the expiration of 12:10. The Asset closed on 1.11333 and I made $1215.
GBP/USD
Based on Christopher Lewis's analysis of the GBP/USD, “I think this pair will find more buyers in the near-term, and with that it should go higher”. 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 “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 $1152 on my investment.
The market price for the GBP/USD at the buying time (11:43) was 1.66365 and the target price was 1.66433 for the expiration of 12:15. The Asset touched my target price at 12:12 and I made $1152.
