Successful Trades: CAD/CHF & EUR/USD - 30 June 2015

CAD/CHF

According to Christopher Lewis' analysis of the CAD/CHF, “That's wrong, I think it’s a bit harsh to consider the Canadian dollar a “risky currency”, but at the end of the day it is highly influenced by oil.if we can break down below the 0.74 level, I think you can start selling as the market will more than likely head towards the 0.70 handle.”. That creates an investment opportunity on the instrument: “Low”.

I logged in the OptionFair™ binary options trading platform and I traded $1200 on the "Low" instrument. This kind of option has a return of 70% so if the option will close below the target price, which means that if the signal is correct I could get a return of $840 on my investment.

The target price for GBP/CHF at the buying time (13:36) was 0.75092 for the expiration of 13:45. The Asset closed at 1.0.75077 and I won $840.

EUR/USD

According to Christopher Lewis' analysis of the EUR/USD, “The EUR/USD pair broke higher during the course of the day on Monday after initially gapping massively. Quite frankly, the facts that we gapped that low and turned back around to not only fill the gap, but to continue going higher is a very impressive sign”. 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 $1200 on the "Touch Up" 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 (13:22) was 1.11859 and the target was 1.11959 for the expiration of 13:45. The asset touches the target price at 13:30, and I won $900.