Trades Placed by optionFair
USD/JPY
Christopher Lewis stated in his analysis of the USD/JPY, “I believe that any time this pair falls it is a buying opportunity… I see actually no scenario where I want to sell this pair”. This indicates an investment opportunity using the instruments: “High”, “Touch” and “No Touch”.
I logged in the optionFair trading platform and I traded $1700 on the "High" instrument. This kind of option has a possible return of 67% if the option will close above the target price, which means that if the signal is correct I could get a return of $1139 on my investment.
The target price for USD/JPY at the buying time (10:06) was 81.873 for the expiration of 10:15. The asset closed on 81.907 and I made $1139 on less than ten minutes.
GBP/USD
Christopher Lewis stated in his analysis of the GBP/USD that; “This will simply be a buying opportunity in my opinion, and as a result I will not hesitate to add to my already long position”. This indicates an investment opportunity with the following instruments: “High”, “Touch” and “No Touch”.
On optionFair’s trading platform, I traded $1600 on the “No Touch”, down, instrument. This kind of option has a return of 72% if the option does not touch the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1152 on my investment.
The market price for the GBP/USD at the buying time (12:21) was 1.61196 and the target price was 1.61143 for the expiration of 12:45. The market did not hit my strike price during this trade which means I earned $1152.