Successful Trades on Nov 28, 2012

Trades Placed by optionFair

EUR/JPY

Christopher Lewis stated in his analysis of the EUR/JPY; “The resulting candle formed a shooting star, and this of course is a very bearish sign”. This indicates a potential investment opportunity with the following positions: “Low”, “No Touch” and “Touch”.

I logged onto the optionFair trading platform and I traded $1600 on the “Low” instrument. This kind of option has a return of 70% if the option closes below the target price, meaning that if the signal is correct, I could get a return of $1120 on my investment.

The market price for EUR/JPY at the buying time (11:21) was 105.597 for the expiry time of 10:30. The asset closed on 105.571 and I made $1120 in less than 10 minutes.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD that, “…the fact that the hammer has failed is indeed a very bearish sign… I will be selling this pair.” This indicates an investment opportunity with the instruments: “Low”, “No Touch” and “Touch”.

I logged onto the optionFair trading platform and I traded $1500 on the "Touch " instrument. This kind of option has a return of 77% if the option touches the target price prior to the expiry time, which means if the signal is correct I could get a return of $1155 on my investment.

The market price for EUR/USD at the buying time (11:07) was 1.29280 and the target price was 1.29236. At 11:10 the market hit my target price and I made $1155 in 3 minutes.