Trades Placed by optionFair
USD/CAD
The USD/CAD has been turning great profits combined with Christopher Lewis’s forecasts, and today was no different. Lewis said, "With all this in mind, I do prefer to sell this pair on the longer-term trade as well". Lewis believes that the pair will go down, and is referring to an investment opportunity with the following positions: “Low”, “No Touch “and “Touch down” on the USD/CAD.
Using optionFair’s binary options trading platform, I traded $1,500 on the “Touch down” instrument. The option offered a solid 66% return, meaning that if the option touches the strike price prior to the expiry, I could earn $990 on this investment alone.
The asset hit my target price of 0.98182 at 13:58, a mere 14 minutes after entering the option when the asset’s price was 0.98209. The option has earned me $990!
EUR/USD
Based on Christopher Lewis's analysis of the EUR/USD: “I think that although there are serious problems looming in Europe, the market is choosing to whistle past the graveyard in the meantime as it focuses on the Federal Reserve and its quantitative easing program.
The Euro should continue to benefit from not only this, but bond yields starting to slip a little bit in the periphery on the continent”. Following Lewis’s advice reveals a perfect investment opportunity using the “High”, “Touch “and “No Touch down” instruments on the EUR/USD.
I logged in to my OptionFair account and looked for the best option available. I selected a “high” option that offered 81% return and invested $1,500. Basically, if the option closes above the target price, I could get a return of $1,275 on my investment.
At the buying time (14:51) the target price for EUR/USD was 1.29212 and expiration set for 15:00. The Asset closed at 1.29220, making me $1275 in just 9 minutes!
