Successful Trades on Nov 14, 2012
Trades Placed by optionFair
Christopher Lewis states in his analysis of the USD/JPY; “I would be very comfortable going long of this pair, but only for a short-term trade”. This indicates a possible investment opportunity with the instruments: “High”, “Touch” and “No Touch”.
I logged into the optionFair trading platform and traded $1500 with the "High" instrument. This kind of option has a return of 67% if the option will close above the target price, meaning that if the signal is correct I could get a return of $1005 on my investment.
The target price for USD/JPY at the buying time (12:38) was 79.888 for the expiry time of 12:45. The asset closed on 79.963 and I made $1005 in less than ten minutes.
Christopher Lewis wrote in his analysis of the EUR/USD, “I still have a very bearish attitude about the Euro overall”. This indicates an investment opportunity with the instruments: “Low”, “Touch” and “No Touch”.
I logged onto the optionFair’s trading platform and I traded $1600 with the "No Touch" instrument. This kind of option has a return of 77% if the option does not touch the strike price prior to expiry, which means that if the signal is correct I could get a return of $1232 on my investment.
The target price for EUR/USD at the buying time (12:33) was 1.27472 and the strike price was 1.27524 for the expiry time of 13:00. The market did not hit my strike price during this trade which means I earned $1232!