Successful Trades: EUR/JPY & GBP/USD - 14 January 2015

EUR/JPY

According to Christopher Lewis’ analysis of the EUR/JPY, “I am placing a smaller trade to the downside, and a larger one once we get a supportive candle”. 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 $1500 on the "Low" instrument. This kind of option has a return of 79% so if the option will close below the target price, which means that if the signal is correct I could get a return of $1185 on my investment.

The target price for EUR/JPY at the buying time (13:39) was 137.363 for the expiration of 13:45. The Asset closed on 137.348 and I made $1185.

GBP/USD

According to Adam Lemon’s analysis of the GBP/USD, “I feel pretty confident that the buyers are going to step in and pick this thing out and perhaps even driving much higher”. 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 $1600 on the "Touch up" 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 $1120 on my investment.

The price for GBP/USD at the buying time (13:48) was 1.51697 and the target price was 1.51792 for the expiration of 14:15. The asset touched my target price at 13:54 and I made $1120.