Trades Placed by optionFair
USD/CAD
Christopher Lewis states in his analysis of the USD/CAD; “I am going to go ahead and start buying this pair.” This indicates an investment opportunity with the following instruments: “High”, “Touch” and “No Touch”.
I logged in the optionFair trading platform and traded $1500 using the "High" instrument. This kind of option has a possible return of 81% if the option closes above the target price, which means that if the signal is correct I could get a return of $1215 on my investment.
The target price for USD/CAD at the buying time (10:52 am) was 1.00017 for the expiration of 11:00 am. The asset closed on 1.00037 and I was able to make $1215 in less than ten minutes.
AUD/USD
Christopher Lewis recently stated in his analysis of the AUD/USD; “It is because of this that I will buy this currency pair if we get above the 1.0450 level, and sell it if we get below the 1.0325 level. In the meantime, I think a lot of bouncing around will be the order of the day.” This indicates an investment opportunity for the following positions: “Boundary-In” on the AUD/USD.
With optionFair’s trading platform, I traded $2000 on the “Boundary-In” instrument. This kind of option has a return of 70% if the option touches the strike price prior to the expiry; that means that if the signal is correct, I could get a return of $1400 on my investment.
The market price for the AUD/USD at the buying time (11:46 am) was 1.03732 and the target price was 1.03768 – 1.03684 for the expiration of 11:30 am. The asset closed on 1.03724 and I made $1400.
