AUD/USD
Based on Christopher Lewis's analysis of the AUD/USD: “I believe that ultimately the market believes in the Australian dollar going lower, so until proven otherwise, I will be very hesitant to start buying”. That creates an investment opportunity in the following positions: “Low”, “No Touch” and “Touch Down”.
With OptionFair™ binary options trading platform, I traded $1700 on the “Touch Down” instrument. This kind of option has a return of 70% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1190 on my investment.
The market price for the AUD/USD at the buying time (10:22) was 0.91891 and the target price was 0.91872 for the expiration of 11:00. The Asset touched my target price at 10:24 and I made $1190 in two minutes.
GBP/USD
According to Christopher Lewis's analysis of the GBP/USD, “Based upon the previous uptrend, and the fact that it was so strong, I feel that eventually we are breaking out to the upside”. 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 "High" instrument. This kind of option has a return of 85% if the option will close above the target price, which means that if the signal is correct I could get a return of $1360 on my investment.
The target price for GBP/USD at the buying time (10:03) was 1.61701 for the expiration of 10:10. The Asset closed on 1.61771 and I made $1360.
