USD/CAD
Following Christopher Lewis’s analysis of the USD/CAD “Because of this, I am actually bullish of this pair”and “I fully expect this market to go higher”, an investment opportunity on the following instruments is created: “High”, “Touch up” and “No touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1700 on the "High" instrument. This kind of option has a return of 81% if the option closes above the target price, which means that if the signal is correct I could get a return of $1377 on my investment.
The market price for USD/CAD at the buying time (10:13) was 1.04467 for the expiration of 10:20. The Asset closed on 1.04479 and I made $1377.
EUR/USD
Based on Christopher Lewis's analysis of the EUR/USD, “I'm fairly confident that this is going to be a move that has the market going as high as 1.37 in the short term”.That creates an investment opportunity in the following positions: “High”, “Touch” and “No Touch down”.
With optionFair™ binary options trading platform, I traded $1500 on the “Touch” instrument. This kind of option has a return of 77% if the option touches the strike price prior to expiry, which means that if the signal is correct, I could get a return of $1155 on my investment.
The market price for the EUR/USD at the buying time (10:59) was 1.34826 and the target price was 1.34855 for the expiration of 11:15. The Asset touched my target price at 11:00 and I made $1155 in just one minute!
