Successful Trades: USD/CHF & EUR/USD - 20 April 2015

USD/CHF

According to Christopher Lewis's analysis of the USD/CHF, “I feel that the market would then head to the 0.90 level. On the other hand, if we get a supportive candle in this region, I believe this market will then turn things back around and head to the 0.98 level”. 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 $1200 on the "High" instrument. This kind of option has a return of 73% if the option will close above the target price, which means that if the signal is correct I could get a return of $876 on my investment.

The target price for USD/CHF at the buying time (09:56) was 0.95046 for the expiration of 10:15. The Asset closed on 0.95062 and I made $876.

EUR/USD

According to Christopher Lewi analysis of the EUR/USD, “I cannot help but notice that the Euro looks very soft against most currencies, with the US dollar being no different”. 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 (10:39) was 1.0788 and the target price was 1.07803 for the expiration of 11:00. The asset touched my target price at 10:43 and I made $900.