Successful Trades on August 14, 2012

Trades Placed by optionFair

AUD/USD

According to Christopher Lewis's analysis of the AUD/USD, “I am buying pullbacks that show support at the 1.05 level” That creates an investment opportunity on the following instruments: “High”, “No Touch Down” and “Touch”.

I logged into the OptionFair™ binary options trading platform and I traded $1300 on the “Touch” instrument. This kind of option has a return of 70% if the option will hit the strike price prior to expiry, which means that if the signal is correct I could get a return of $910 on my investment.

The market price for AUD/ USD at the buying time (10:22) was 1.05353 and the target price was 1.05411 for the expiration of 11:00. The pair touched the strike price at 10:30 and I earned $910 in just 8 minutes!

GBP/USD

According to Christopher Lewis’s analysis of the GBP/USD, “As for selling this market, it's not even a thought into we get well below the 1.55 handle”. That creates an investment opportunity on the following instruments: “High”, “Touch” and “No Touch down”.

I logged into the OptionFair™ binary options trading platform at 09:53 and I traded $1400 on the “HIGH” instrument for the expiry of 10:00. This kind of option has a return of 85% if the option expires above the strike price 1.56906 at the expiry time. If the signal is correct I may get a return of $1190.

The market price for the pair at the expiry time was 1.56915, which is above my strike price which means I won my position.