Successful Trades: EUR/USD & EUR/GBP - 6 January 2015

Trades placed by OptionFair

EUR/GBP

According to Christopher Lewis’s analysis of the EUR/GBP, “I believe that this pair 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 $1500 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 $1065 on my investment.

The target price for EUR/GBP at the buying time (14:05) was 0.78137 for the expiration of 14:15. The Asset closed on 0.78150 and I made $1065.

EUR/USD

According to Christopher Lewis’s analysis of the EUR/USD, “Is the fact that we closed right at the bottom of the range that does in fact suggest that we are going to try to break down from here”. 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 (13:25) was 1.19136 and the target price was 1.19082 for the expiration of 13:45. The asset touched my target price at 13:39 and I made $1200.