Trades placed by optionFair
This trade was placed following Christopher Lewis’s analysis of the USD/JPY, where he wrote “I believe that, that will simply be another buying opportunity as this pair does continue to go higher over the longer term”. That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1500 on the "High" instrument. This kind of option has a return of 70% if the option will close above the target price, which means that if the signal is correct I could get a return of $1050 on my investment.
This trade was based on Christopher Lewis analysis of the EUR/USD. “I see this is a range bound market at the moment stuck between the 1.32 handle and the 1.34 level”. That creates an investment opportunity in the following positions: “Boundary in” on the EUR/USD.
With optionFair™ binary options trading platform, I traded $1600 on the “Boundary in” instrument. This kind of option has a return of 70% if the option will close between the price range, which means that if the signal is correct, I could get a return of $1120 on my investment.
The market price for the EUR/USD at the buying time (12:25) was 1.32478 and the target price range was 1.32525 - 1.32411 for the expiration of 13:00. The asset closed at 1.32420 and I made $1120.