Trades Placed by optionFair
EUR/USD
Christopher Lewis’ says in his analysis of the EUR/USD; "I think short-term trading opportunities on the buy side have to be looked at as the only feasible opportunities in this marketplace". This means there is investment opportunity in the following positions: “High”, “Touch “and “No Touch Down” for the EUR/USD.
With optionFair’s platform, I traded $2000 on the “Touch” instrument. This kind of option has a possible return of 77% if the option touches the strike price prior to expiration, meaning that if the signal is correct, I could get a return of $1540 on my investment.
The market price for the EUR/USD at the buying time (11:27 am) was 1.29319 and the target price was 1.29370. At 11:43 am the market hit my target price and I earned $1540 in just 16 minutes.
USD/CAD
As quoted from Christopher Lewis’ analysis of the USD/CAD; “I do recognize the fact that global growth was slowing as well as corporate profits. With this kind of situation, and the fact that the oil markets are following, it is very difficult to imagine a scenario where the Canadian dollar suddenly gets stronger”. That creates an investment opportunity for traders to profit with the following positions: “Low”, “No Touch “and “Touch down” on the USD/CAD.
I logged in the optionFair™ platform and I traded $1500 on the "Low" instrument. This kind of option has a return of 81% if closing below the target price, which means that if the signal is correct I could get a return of $1215on my investment.
The target price for USD/CAD at the buying time (10:52 am) was 1.00068 for the expiration of 11:00 am. The asset closed on 1.00052 and I was able to make $1215 in less than 10 minutes.