Trades Placed by optionFair
USD/CAD
Christopher Lewis states in his analysis of the USD/CAD; “The pair has been trending down for the longer-term, so this move would be the one with the least resistance going forward as well.” This creates a possible investment opportunity on the instruments: “Low”, “Touch Down” and “No Touch”.
I logged into the optionFair trading platform and traded $1500 using the "Low" instrument. This kind of option has a possible return of 81% if the option closes below the target price, meaning 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 (11:43) was 0.98880 for the expiry time 12:00. The asset closed on 0.98835 and I made $1215 in less than 30 minutes.
EUR/USD
Christopher Lewis states in his analysis of the EUR/USD; “…expect plenty of extreme volatility over the next few months". This infers a possible investment opportunity in the following positions: “Boundary-out” on the EUR/USD.
With optionFair’s platform, I traded $1700 on the “Boundary-out” instrument.
This kind of option has a possible return of 70% if the option expires outside the boundary price range, which means that if the signal is correct I stand to profit $1190 on my investment.
The market price for the EUR/USD at the buying time (11:03) was 1.28478 and the target price was 1.28535 – 1.28415 for an expiry time of 11:30. The asset closed on 1.28367 and I made $1190 in under a half an hour.
