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Successful Trades on Jan. 7, 2014

USD/JPY

According to Christopher Lewis’s analysis of the USD/JPY, “I am ultimately very bullish at the moment, and as a result I am more than willing to buy this pair”. That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch down”.

I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "High" instrument. This kind of option has a return of 75% if the option will close above the target price, which means that if the signal is correct I could get a return of $1200 on my investment.

The market price for USD/JPY at the buying time (11:28) was 104.298 for the expiration of 11:40. The Asset closed on 104.309 and I made $1200.

USDJPY 1714

GBP/USD

Based on Christopher Lewis's analysis of the GBP/USD, “I fully expect this market to go to the 1.70 level before it’s all said and done”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.

With OptionFair™ binary options trading platform, I traded $1500 on the “Touch” instrument. This kind of option has a return of 72% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1080 on my investment.

The market price for the GBP/USD at the buying time (11:12) was 1.63775 and the target price was 1.63869 for the expiration of 11:45. The Asset touched my target price at 11:26 and I made $1080.

GBPUSD 1714

OptionFair
About OptionFair

OptionFair is a leading binary options platform that has a user-friendly platform and a range of available options. The professional traders at OptionFair are available to offer guidance to all company clients.

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