USD/JPY
According to Christopher Lewis’s analysis of the USD/JPY, “The market looks like it’s ready to continue going much higher, probably aiming for the 120 level given enough time”. 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 $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 target price for USD/JPY at the buying time (12:32) was 116.520 for the expiration of 12:40. The Asset closed on 116.580 and I made $1125.
EUR/USD
According to Christopher Lewis’s analysis of the EUR/USD, “I think we still go down to the 1.2050 level”. 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 $1600 on the "Touch down" instrument. This kind of option has a return of 75% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1200 on my investment.
The price for EUR/USD at the buying time (14:45) was 1.25099 and the target price was 1.25050 for the expiration of 15:00. The asset touched my target price at 14:59 and I made $1200.