Successful Trades: EUR/JPY & EUR/USD - 21 January 2015

EUR/JPY

According to Christopher Lewis’ analysis of the EUR/JPY, “As both look like they are getting ready to fall, I believe that this market should continue to grind much lower”. 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 $1200 on the "Low" instrument. This kind of option has a return of 70% if the option will close below the target price, which means that if the signal is correct I could get a return of $948 on my investment.

The target price for EUR/JPYat the buying time (12:26) was 136.447 for the expiration of 12;40. The Asset closed on 136.247and I made $948.

EUR/USD

According to Christopher Lewis’s analysis of the EUR/USD, “The Euro continues to struggle overall and the downtrend is so strong as the Euro has so many issues.”. 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 $1200 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 $900 on my investment.

The price for EUR/USD at the buying time (12:04) was 1.15738 and the target price was 1.15698 for the expiration of 12:15. The asset touched my target price at 12:05 and I made $900 in just one minute!