Trades Placed by optionFair
USD/JPY
Christopher Lewis stated in his analysis of the USD/JPY that, “The Yen related pairs all looks set to break out… I personally believe that this market will eventually hit the 110 level”. That indicates an investment opportunity through the instruments: “High”, “Touch” and “No Touch”.
I logged in the optionFair trading platform and I traded $1500 on the "High" instrument. This kind of option has a possible return of 67% if the option will close above the target price, this means that if the signal is correct I could get a return of $1005 on my investment.
The target price for USD/JPY at the buying time (10:08) was 83.937 for the expiry of 10:15 The asset closed on 83.987 and I made $1005.
EUR/USD
Christopher Lewis stated in his analysis of the EUR/USD that, “This pair will continue much higher.” This indicates an investment opportunity in the following positions: “High”, “Touch” and “No Touch”.
With optionFair’s trading platform, I traded $1600 on the “Touch” instrument. This kind of option has a potential return of 77% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1232 on my investment.
The market price for the EUR/USD at the buying time (11:04) was 1.31566 and the target price was 1.31616 for the expiration of 11:30. The asset touched my target price at 11:18 and I made $1232 in 14 minutes!
