By: DailyForex.com
AUD/USD
Christopher Lewis stated in his analysis of the AUD/USD that, “…this pair remains bullish…”This indicates an investment opportunity with the instruments: “High”, “Touch” and “No Touch”.
I logged onto the OptionFair binary options and traded $1200 with the "High" instrument. This kind of option has a possible return of 81% if the option will close above the target price, which means that if the signal is correct I could get a return of $2172 on my investment.
The target price for AUD/USD at the buying time (13:11) was 1.02537 for the expiry of 13:20. The asset closed on 1.02562 and I made $972.
Crude Oil
Christopher Lewis stated in his analysis of Crude Oil that, “…I thought the top would be the $95 level”. This indicates that the Crude Oil commodity is heading on a downward trend thereby signifying an investment opportunity with the following instruments: “Low”, “No Touch” and “Touch down”.
I logged in the OptionFair trading platform and traded $1000 on the “No Touch” instrument. This kind of option has a potential return of 72% if the option doesn’t touch the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1720 on my investment.
The market price for Crude Oil at the buying time (11:48) was 96.305, and the target price was 96.379 for the expiry of 12:00. The asset didn’t touch the target price at 12:00 and I made $720 in 12 minutes!