Trades Placed by optionFair
EUR/USD
Christopher Lewis stated in his analysis of the EUR/USD, “I believe that there is a real shot at trying to get above the 1.28 level”. This indicates a possible investment opportunity using the following instruments: “High”, “Touch” and “No Touch”.
I logged onto the optionFair trading platform and traded $1300 using the "Touch" instrument. This kind of option has a possible return of 77% if the option touches the strike price prior to the expiry time, this means that if the signal is correct, I could get a return of $1001 on my investment.
The market price for the EUR/USD at the buying time (11:39) was 1.27672 and the target price was 1.27722 for the expiry of 12:00. At 11:41 the market hit my target price and I made $2301 in just 2 minutes!