EUR/USD
According to Christopher Lewis's analysis of the EUR/USD: “I believe that there are enough long-term buyers stepping into the market now that more than likely this pair will bounce”. 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 $1600 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 $1232 on my investment.
The market price for the EUR/USD at the buying time (12:48) was 1.35099 and the target price was 1.35134 for the expiration of 13:00. The Asset touched my target price at 12:57 and I made $1232.
OIL
Based on Christopher Lewis's analysis of the OIL: “I think that short-term traders will probably benefit from this market more than anybody else. It would not surprise me at all to see this market stuck between $96 on the bottom, and $98.50 on the top”. That creates an investment opportunity in the following positions: “Low”, “No Touch” and “Touch Down”.
With OptionFair™ binary options trading platform, I traded $1500 on the “Low” instrument. This kind of option has a return of 77% if the option closes below the target price, which means that if the signal is correct, I could get a return of $1155 on my investment.
The market price for the OIL at the buying time (11:45) was 98.195 for the expiration of 12:00. The Asset closed on 98.160 and I made $1155.
