Successful Trades: Silver & EUR/USD - 19 May 2015

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Silver

According to Christopher Lewis analysis of the silver, “Nonetheless, I feel that this market has broken out of something rather restrictive and important, so I believe at the very least we should be aiming for the $18.50 level. On top of that, the US dollar continues to struggle and it appears that the precious metals markets are reacting appropriately”. That creates an investment opportunity on the instruments: “High”, “No Touch Down”.

I logged in the OptionFair™ binary options trading platform and I traded $1200 on the "High" instrument. This kind of option has a return of 70% so if the option will close below the target price, which means that if the signal is correct I could get a return of $888 on my investment.

The target price for Silver at the buying time (11:04) was $17.348 for the expiration of 11:15. The Asset closed $17.392 and I made $888.

Plata

EUR/USD

According to Christopher Lewis analysis of the EUR/USD, “I believe that this resistance and that the 1.15 level, and we are essentially the middle of forming a huge “W pattern” in this market which of course is one of the most bullish reversal signals that you can get”. That creates an investment opportunity on the instruments: “High”, “No Touch Down” and “Touch Up”.

I logged in the OptionFair™ binary options trading platform and I traded $1200 on the "Touch UP" instrument. This kind of option has a return of 75% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $900 on my investment.

The price for EUR/USD at the buying time (10:51) was 1.11619 and the target was 1.11794 for the expiration of 11:15. The asset touch my target price at (10:56) and I made $900.

EUR/USD

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