Successful Trades on Dec 6, 2012

Trades Placed by optionFair

GBP/USD

Christopher Lewis stated in his analysis of the GBP/USD, “I still think this pair is a strong and bullish one”. This indicates an investment opportunity using the instruments: “High”, “Touch” and “No Touch”.

I logged onto optionFair’s trading platform and traded $1700 using the "High" instrument. This kind of option has a return of 85% if the option closes above the target price, which means that if the signal is correct I could get a return of $1445 on my investment.

The target price for GBP/USD at the buying time (10:09) was 1.60898 for the expiry time of 10:15. The asset closed on 1.60915 and I made $1445 in less than ten minutes.

EUR/USD

Christopher Lewis stated in his analysis of the EUR/USD, “In the short-term, I do believe that we will bounce around between 1.3150 and 1.30 or so”. This indicates an investment opportunity with the “Boundary” (in) instrument.

Using optionFair’s Binary Options trading platform, I traded $1600 on the “Boundary In” instrument. This kind of option has a return of 70% if the option expires within my price range, which means that if the signal is correct, I could get a return of $1120 on my investment.

The market price for the EUR/USD at the buying time (10:39) was 1.30632 and the target boundary was 1.30687-1.30577 for the expiration of 11:00. The asset closed at 1.30664 and I made $1120 in less than a half an hour.