Successful Trades: USD/JPY & GBP/USD - 9 December 2014

USD/JPY

According to Christopher Lewis’ analysis of the USD/JPY, “I am bullish of the market yet again”. That creates an investment opportunity on the instruments: “High”, “No Touch down” and “Touch up”.

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 (11:38) was 119.866 for the expiration of 11:45. The Asset closed on 119.938 and I made $1125.

GBP/USD

According to Christopher Lewis’s analysis of the GBP/USD, “I believe that the British pound will continue to fall against the US dollar in general”. That creates an investment opportunity on the instruments: “Low”, “No Touch up” and “Touch down”.

I logged in the OptionFair™ binary options trading platform and I traded $1300 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 $910 on my investment.

The price for GBP/USD at the buying time (12:38) was 1.56550 and the target price was 1.56461 for the expiration of 13:15. The asset touched my target price at 12:52 and I made $910.