Successful Trades: EUR/USD & GBP/USD - 4 March 2015

EUR/USD

According to Christopher Lewis’ analysis of the EUR/USD, “I believe that this market should continue to go 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 $1500 on the "Low" instrument. This kind of option has a return of 81% so if the option will close below the target price, which means that if the signal is correct I could get a return of $1215 on my investment.

The target price for EUR/USD at the buying time (13:09) was 1.11203 for the expiration of 13:15. The Asset closed on 1.11189 and I made $1215.

GBP/USD

According to Christopher Lewis’ analysis of the GBP/USD, “I believe that the buyers are going to step back into this marketplace, and perhaps push the GBP/USD pair to the 1.55 handle”. 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 (13:08) was 1.53279 and the target price was 1.53345 for the expiration of 13:45. The asset touched my target price at 13:27 and I made $1120.