Successful Trades: USD/CAD & GBP/USD - 11 May 2015

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USD/CAD

According to Christopher Lewis analysis of the USD/CAD, “I still like the US dollar in general, so I think that a bounce from here would make a lot of sense. Also the oil markets aren’t helping the Canadian dollar”. 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 "High" instrument. This kind of option has a return of 71% so if the option will close below the target price, which means that if the signal is correct I could get a return of $852 on my investment.

The target price for USD/JPY at the buying time (11:26) was 1.21294 for the expiration of 11:45. The Asset closed on 1.21372 and I made $852.

USD/CAD

GBP/USD

According to Christopher Lewis analysis of the GBP/USD, “I believe that I have no interest in selling this pair right now, and really I can’t think of any reason to. With that being said, I believe that the market will continue to offer buying opportunities from time to time, as the overall attitude of the market seems to be bullish”. 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 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 $840 on my investment.

The price for GBP/USD at the buying time (10:32) was 1.54006 and the target price was 1.54079 for the expiration of 10:45. The asset touched my target price at 10: 35 and I made $840.

GBP/USD

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