EUR/JPY
In Christopher Lewis’s analysis of the EUR/JPY he states, “I feel that this market could very well bounce from here, heading to the 142 level” That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch Down”.
With OptionFair™ binary options trading platform, I traded $1500 on the “Touch” instrument. This kind of option has a return of 70% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1050 on my investment.
The market price for the EUR/JPY at the buying time (10:37) was 140.296 and the target price was 140.305 for the expiration of 11:15. The Asset touched my target price at 10:58 and I made $1050.
EUR/USD
Based on Christopher Lewis analysis of the EUR/USD: “the market of course looks very bearish, the market should go much lower”. 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 83% if the option closes below the target price, which means that if the signal is correct, I could get a return of $1245 on my investment.
The market price for the EUR/USD at the buying time (09:55) was 1.37728 for the expiration of 10:10. The Asset closed on 1.37725 and I made $1245.