Trades Placed by optionFair
GBP/USD
Christopher Lewis states in his analysis of the GBP/USD; “As long as we are above the 1.58 level, I will not short this market”. This creates a possible investment opportunity with the following positions: “High”, “No Touch” and “Touch” on the
Using optionFair’s trading platform, I traded $1300 on the “Touch” instrument. This kind of option has a return of 72% 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 $936 on my investment.
The market price for the GBP/USD at the buying time (10:12) was 1.59052 and the target price was 1.59124. At 10:30 the market hit my target price and I earned $936 in less than a half an hour.
EUR/USD
In his analysis of the EUR/USD, Christopher Lewis stated that, “…it appears that the market is trying to go much higher”. This indicates a possible investment opportunity using the instruments: “High”, “Touch” and “No Touch”.
I logged onto the optionFair trading platform and I traded $1700 on the "High" instrument. This kind of option has a possible return of 85% if the option closes above the target price, which means that if the signal is correct I could get a return of $1445 on my investment.
The market price for EUR/USD at the buying time (10:13) was 1.27616 for the expiry time of 10:30. The asset closed on 1.28018 and I made $1445 in less than a half an hour.
