Trades placed by optionFair
USD/CAD
Following Christopher Lewis’s analysis of the USD/CAD “However, I do believe that we are about to break down below that level (1.03), and as a result we will more than likely see this pair drift down to the 1.02 handle”, an investment opportunity on the following instruments is created: “Low”, “Touch down” and “No touch up”.
I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "Low" instrument. This kind of option has a return of 81% if the option closes below the target price, which means that if the signal is correct I could get a return of $1296 on my investment.
The market price for USD/CAD at the buying time (11:11) was 1.03171 for the expiration of 11:20. The Asset closed on 1.03141 and I made $1296.
AUD/USD
Based on Christopher Lewis's analysis of AUD/USD, “Nonetheless, I do see a bit of a gap between here and 0.95 that can be filled relatively quickly”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.
With optionFair™ binary options trading platform, I traded $1700 on the “Touch” instrument. This kind of option has a return of 70% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1190 on my investment.
The market price for the AUD/USD at the buying time (11:24) was 0.92459 and the target price was 0.92509 for the expiration of 12:00. The Asset touched my target price at 11:33 and I made $1190.
