Successful Trades: USD/CAD & GBP/USD - 13 October 2014

Trades placed by OptionFair

USD/CAD

According to Christopher Lewis’s analysis of the USD/CAD, “I think that this market will go higher”. 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 "High" instrument. This kind of option has a return of 71% if the option will close above the target price, which means that if the signal is correct I could get a return of $1136 on my investment.

The target price for USD/CAD at the buying time (10:18) was 1.12154 for the expiration of 10:30. The Asset closed on 1.12154 and I made $1136.

GBP/USD

According to Adam Lemon’s analysis of the GBP/USD, “pair looks a little more bearish”. That creates an investment opportunity on the instruments: “Low”, “Touch down” and “No Touch up”.

I logged in the OptionFair™ binary options trading platform and I traded $1700 on the "Touch down" 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 price for GBP/USD at the buying time (11:18) was 1.60919 and the target price was 1.60842 for the expiration of 11:45. The asset touched my target price at 11:29 and I made $1190.