Trades placed by optionFair
USD/JPY
Following Christopher Lewis’s analysis of the USD/JPY “We have broken a downtrend line, and as a result I believe that this market is going to continue higher”, an investment opportunity on the following instruments is created: “High”, “Touch up” and “No touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1500 on the "High" instrument. This kind of option has a return of 70% if the option closes above the target price, which means that if the signal is correct I could get a return of $1050 on my investment.
The market price for USD/JPY at the buying time (10:16) was 99.532 for the expiration of 10:30. The Asset closed on 99.654 and I made $1050.
EUR/USD
Based on Christopher Lewis's analysis of the EUR/USD, “I would follow the market down as it would try to "get ahead" of the possible Federal Reserve decision to taper. That of course is dollar positive, and would be a significant reason to push his pair much lower”. That creates an investment opportunity in the following positions: “Low”, “No Touch” and “Touch Down”.
With optionFair™ binary options trading platform, I traded $1600 on the “Touch Down” instrument. This kind of option has a return of 77% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1232 on my investment.
The market price for the EUR/USD at the buying time (10:17) was 1.31727 and the target price was 1.31677 for the expiration of 10:45. The Asset touched my target price at 10:20 and I made $1232 in just three minutes!
