EUR/JPY
Based on Christopher Lewis's analysis of EUR/JPY, “I think that this could be a nice buying opportunity”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.
With optionFair™ binary options trading platform, I traded $1700 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 $1190 on my investment.
The market price for the EUR/JPY at the buying time (10:31) was 138.501 and the target price was 138.542 for the expiration of 10:45. The Asset touched my target price at 10:34 and I made $1190.
OIL
According to Christopher Lewis's analysis of the OIL, “do believe that the ascending triangle that we are forming suggests that we are in fact going to go higher”. 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 $1600 on the "High" instrument. This kind of option has a return of 74% if the option will close above the target price, which means that if the signal is correct I could get a return of $1184 on my investment.
The target price for OIL at the buying time (10:32) was 104.595 for the expiration of 11:00. The Asset closed on 104.665 and I made $1184.
