Successful Trades on Nov 20, 2012

Trades Placed by optionFair

EUR/JPY

Christopher Lewis recently stated in his analysis of the EUR/JPY; “With this being the case, we would consider selling”. This indicates a possible investment opportunity with the following positions: “Low”, “No Touch “and “Touch” on the EUR/JPY.

With optionFair’s trading platform, I traded $1400 using the “Touch” instrument. This kind of option has a return of 72% if the option touches the strike price prior to the expiry time; that means if the signal is correct, I could get a return of $1008 on my investment.

The market price for the EUR/JPY at the buying time (10:20) was 104.060 and the target price was 103.976. At 10:32 the market hit my target price and I earned $1008!

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “…there seems to be a bit of hesitation at this point, and because of this I believe that we will see a selloff in this pair”. This creates a possible investment opportunity with the instruments: “Low”, “No Touch” and “Touch”.

I logged onto the optionFair trading platform and traded $1300 using the "Low" instrument. This kind of option has a possible return of 85% if the option will close below the target price, which means that if the signal is correct I could get a return of $1105 on my investment.

The market price for EUR/USD at the buying time (10:34) was 1.28031 for the expiration time of 10:45. The asset closed on 1.28018 and I made $1105 in less than 15 minutes.