Successful Trades: USD/CAD & GBP/USD - 13 January 2015

USD/CAD

According to Christopher Lewis’s analysis of the USD/CAD, “The market looks as if it’s ready to continue going highe”. 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 USD/CAD at the buying time (12:51) was 1.19831 for the expiration of 13:00. The Asset closed on 1.19842 and I made $1065.

GBP/USD

According to Christopher Lewis’s analysis of the GBP/USD, “The hammer looks as if it’s ready to go much higher and perhaps turn things around”. 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 $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 (12:48) was 1.51051 and the target price was 1.51120 for the expiration of 13:15. The asset touched my target price at 12:51 and I made $1120 in just minutes.