Successful Trades on Jan 15, 2013

Trades Placed by optionFair

USD/CAD

Fadi Steitie’s stated in his analysis of the USD/CAD that, “I will short and hold the pair with open target at the moment and keeping my Stop Loss just above the 1.0000 level”. This indicates an investment opportunity with the following instruments: “Low”, “No Touch” and “Touch”.

I logged onto the optionFair trading platform and traded $1700 with the "Touch" instrument, and selected ‘down’. This kind of option has a possible return of 66% if the option touches the target price prior to expiry, which means that if the signal is correct I could get a return of $1122 on my investment.

The market price for USD/CAD at the buying time (13:46) was 0.98550 and the target price was 0.98528 for the expiration of 14:15. At 14:00 the market hit my target price and I made $1122.

EUR/GBP

Colin Jessup’s stated in his analysis of the EUR/GBP, “I would expect a pullback of some extent”. This indicates an investment opportunity through the following instruments: “Low”, “No Touch” and “Touch”.

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

The market price for EUR/GBP at the buying time (12:30) was 0.83183 for the expiration of 12:45. The asset closed on 0.83114 and I made $1120.