Trades Placed by optionFair
NZD/USD
Christopher Lewis, my most trusted signal provider, had this to say about the NZD/USD: “I am buying the Kiwi dollar in order to prepare for the next leg higher”. According to Lewis, use of the “high”, “touch” and “no touch down” instruments can yield very positive results, especially with a generous broker.
My current broker, optionFair, offered a 75% return on the “high” instrument – a significantly higher payout when compared to the competition. I invested €2,000 on the "high" instrument, which means that if the option closed above the target price (in-the-money), I could profit €1,500.
Luckily, the option expired 15 minutes later at 0.82181 for a target price of 0.82121, earning me €1,500!
USD/CAD
Christopher Lewis’s analysis of the USD/CAD has been consistently pointing me towards profit, and today was not different. Lewis said, “the US Dollar Index certainly shows that the greenback is ready to start weakening, and this will be one of the more interesting pairs in order to express that value.
Because of this, I am bearish this pair as long as we can get below the hammer from last week, which I believe is the gateway to lower prices.”. If Lewis is correct, the “low”, “no touch“ and “touch down” instruments can easily turn the USD’s turmoil into profits in my account.
Using optionFair as my binary options trading platform, I invested €1,500 on the “touch down” instrument that requires that the strike price is reached prior to expiration. The option offered a 66% return, which according to my investment amount can provide a €990 profit.
I bought the option at 10:15 with a target price of 0.97806 that needs to be reached from a market price of 0.97839. The asset hit the target price at 10:30, generating a €990 profit in just 15 minutes!
