Successful Trades: AUD/USD & EUR/USD - 28 January 2015

Trades placed by optionFair

AUD/USD

According to Christopher Lewis’ analysis of the AUD/USD, “The Australian dollar normally is helped by gold markets going higher, but we have not seen that lately and I believe this divergence shows just how weak the Australian dollar is at the moment”. 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 $1200 on the "Low" instrument. This kind of option has a return of 69% if the option will close below the target price, which means that if the signal is correct I could get a return of $828 on my investment.

The target price for AUD/USD at the buying time (12:41) was 0.79795 for the expiration of 13:00. The Asset closed on 0. 79536 and I made $828.

EUR/USD

According to Christopher Lewis’s analysis of the EUR/USD, “However, I believe that there is a downturn for the pair and I do not believe that the trend can be questioned until we get above the 1.20 handle”. 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 $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 (11:52) was 1.3615 and the target price was 1.3581for the expiration of 12:00. The asset touched my target price at 11:54 and I made $900.