Successful Trades on April 30, 2012

Successful Trades on April 30, 2012

Trades Placed by optionFair

USD/JPY

According to Christopher Lewis's analysis of the USD/JPY, the 80s level is a crucial support that creates an investment opportunity on the “High” instrument.

I logged into the optionFair™ Binary Options Trading Platform and traded $1,350 on the “High” instrument. This kind of option has a return of 80% if the option expires above the strike price, which means that if the signal is correct I could get a return of $1,080 on my investment.

The market price for USD/JPY at the buying time (10:57) was 80.148. The pair expired at 11:15 at the price of 80.162, earning me $1,080.

USD/CAD

According to Christopher Lewis’s analysis of the USD/CAD, “the trend is most certainly to the down side”. That creates an investment opportunity on the following instruments: “Low”, “Touch Down” and “No Touch”.

I logged in the optionFair™ Binary Options Trading Platform at 11:11 and I traded $1,500 on the “Touch Down” instrument for the expiry of 11:30. The market price for the pair was 0.9814 and the strike price was 0.98096. This kind of option has a return of 71% if the option hits the strike price prior to expiry.

The market price touched the strike price at 11:22 and I won $1065 in only 11 minutes!