Successful Trades: Crude Oil & USD/JPY - 11 November 2014

USD/JPY

According to Christopher Lewis’s analysis of the USD/JPY, “It’s very likely that the market will continue to bang into this area until we finally break out. With that being the case, the only thing you can do is buy this market, you certainly cannot sell it”. That creates an investment opportunity on the instruments: “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 75% if the option will close above the target price, which means that if the signal is correct I could get a return of $1125 on my investment.

The target price for USD/JPY at the buying time (12:41) was 115.959 for the expiration of 12:50. The Asset closed on 116.021 and I made $1125.

USD/JPY

OIL

According to Christopher Lewis’s analysis of the OIL, “We are without a doubt in a very strong downtrend. We believe that the market should continue to fall from here”. That creates an investment opportunity on the instruments: “Low”, “Touch down” and “No Touch up”.

I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "Touch down" 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 $1120 on my investment.

The price for OIL at the buying time (12:43) was 77.165 and the target price was 77.084 for the expiration of 13:00. The asset touched my target price at 12:49 and I made $1120.

crude oil

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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