Successful Trades on April 23, 2014
According to Christopher Lewis's analysis of the NZD/USD, “I feel that the market does continue to go higher, and on a break of the highs from the Tuesday session I am comfortable buying”. 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 $1500 on the "High" instrument. This kind of option has a return of 79% if the option will close above the target price, which means that if the signal is correct I could get a return of $1185 on my investment.
The target price for NZD/USD at the buying time (11:33) was 0.85930 for the expiration of 11:40. The Asset closed on 0.85947 and I made $1185.
Based on Christopher Lewis's analysis of the EUR/USD, “The markets could be looking for the 1.39 level or so. I believe that the markets will more than likely try to break above the 1.40”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch Down”.
With OptionFair™ binary options trading platform, I traded $1600 on the “Touch” 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 (11:32) was 1.38473 and the target price was 1.38520 for the expiration of 11:45. The Asset touched my target price at 11:37 and I made $1232.