Successful Trades: EUR/GBP & EUR/USD - 3 March 2015

EUR/GBP

According to Christopher Lewis’s analysis of the EUR/GBP, “With that being the case, the fact that there is continued liquidity coming out of the European Central Bank suggests that we will see weakness going forward in the Euro, I believe that ultimately will head down to the 0.70 ”. 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 $1200 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 $852 on my investment.

The target price for EUR/GBP at the buying time (11:07) was 0.72821 for the expiration of 11:15.  The Asset closed on 0.72821 and I made $852.

EUR/USD

According to Christopher Lewis’s analysis of the EUR/USD, “I believe that the shape of the shooting star is just about perfect, and therefore I am very bearish yet again. I think that if we can break below the bottom of the scandal, we should then head to the 1.11 level, which was the most recent low, because of this, I am very bearish and I believe that rallies will continue to offer value in the US dollar”. 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 $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 (10:33) was 1.11897 and the target price was 1.11832 for the expiration of 11:00. The asset touched my target price at 10:41 and I made $900.