Successful Trades on June 2, 2014
Following Christopher Lewis’s analysis of the AUD/USD “as we have certainly seen an impulsive move 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 $1600 on the "High" instrument. This kind of option has a return of 81% if the option closes above the target price, which means that if the signal is correct I could get a return of $1280 on my investment.
The market price for AUD/USD at the buying time (14:07) was 0.92538 for the expiration of 14:15. The Asset closed on 0.92548 and I made $1280.
Based on Christopher Lewis's analysis of EUR/USD, “the fact that we need to retest the 1.37 level”. That creates an investment opportunity in the following positions: “High”, “No Touch down” and “Touch up”.
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 EUR/USD at the buying time (13:24) was 1.36034 and the target price was 1.36033 for the expiration of 13:45. The Asset touched my target price at 13:27 and I made $1190.