Trades Placed by optionFair
EUR/USD
Christopher Lewis stated during his recent analysis of the EUR/USD; "It should be noted that the Chairman has suggested that early retirement wasn't necessarily out of the question. Because of this, we could see an extended run lower in this pair. Regardless, I am selling aggressively if we get below 1.28 on a daily close." Such a statement enables investment opportunities with the instruments: “Low” and “Touch”.
I logged in the optionFair trading platform and I traded $1500 on the "Low" instrument. This kind of option has a return of 85% if the option will close below the target price, which means that if the signal is correct I could get a return of $1275 on my investment.
The target price for EUR/USD at the buying time (13:23) was 1.27926 for the expiration of 13:30. The asset closed on 1.27916 and I made $1275 in under ten minutes.
GBP/USD
Christopher Lewis released this statement in his recent analysis of the GBP/USD; “We have a couple of obvious technical areas that we can play for supportive bounce, as I believe the longer-term trend is certainly to the upside.” This release creates an investment opportunity with the following positions: “High” or “Touch “on the GBP/USD.
With optionFair’s platform, I traded $1500 on the “Touch” instrument. This kind of option has a return of 72% if the option touches the strike price prior to the expiry, meaning that if the signal is correct, I stand to profit $1080 on my investment. The market price for the GBP/USD at the buying time (13:21) was 1.59692 and the target price was 1.59733. At 13:28 the market hit my target price and I earned $1080 in 7 minutes!
