USD/JPY
According to Christopher Lewis’s analysis of the USD/JPY, “I suspect that this market will finally break above the 103 level, and then head to the 104 level in short order. All that area, the 105 level is most certainly calling”. 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 $1500 on the "High" instrument. This kind of option has a return of 75% if the option will close above the target price, which means that if the signal is correct I could get a return of $1125 on my investment.
The market price for USD/JPY at the buying time (11:46) was 101.919 for the expiration of 1:00. The Asset closed on 101.927 and I made $1125.
GBP/USD
Based on Christopher Lewis's analysis of the GBP/USD, “I do think that ultimately we break above the 1.70 handle, and continue much 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 (11:28) was 1.68711 and the target price was 1.68749 for the expiration of 11:45. The Asset touched my target price at 11:40 and I made $1152.
