EUR/JPY
Based on Christopher Lewis's analysis of the EUR/JPY, “In fact, I believe that short-term traders will continue to push his market higher every short-term pullback we get, so therefore I am very bullish in general”. That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.
With optionFair™ binary options trading platform, I traded $1700 on the “High” instrument. This kind of option has a return of 75% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1275 on my investment.
The target price for the EUR/JPY at the buying time (14:45) was 133.406 for the expiration of 15:00. The Asset closed at 133:415 and I made $1275.
EUR/USD
According to Christopher Lewis's analysis of the EUR/USD, “This hammer suggests that the market is going to go higher, and more than likely head back towards the 1.35 handle”. That creates an investment opportunity on the instruments: “High”, “Touch” and “No Touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "Touch" instrument. This kind of option has a return of 72% if the option will close above the target price, which means that if the signal is correct I could get a return of $1152 on my investment.
The market price for EUR/USD at the buying time (15:36) was 1.34223 And the target price was 1.34271, for the expiration of 16:15. The Asset touched my target price at 15.42 and I made $1152.
