Successful Trades on May 10, 2012

Successful Trades on May 10, 2012

Trades Placed by optionFair

AUD/USD

According to Christopher Lewis's analysis of the AUD/USD, “I will not hesitate to sell at this point”. That creates an opportunity on the instruments: “Low”, “No Touch” and “Touch Down”. I logged in the optionFair™ Binary Options Trading Platform and I traded $1,200 on the “Touch Down” instrument.

This kind of option has a return of 77% if the option hits the strike price prior to expiry, which means that if the signal is correct I could get a return of $924 on my investment. The market price for AUD/ USD at the buying time (11:42) was 1.01022 and the target price was 1.00979 for the expiry of 12:00. The pair touched the strike price at 11:53 so I earned $924 in 11 minutes!

USD/CAD

According to Christopher Lewis's analysis of the USD/CAD, “I am short of this pair”. That creates an opportunity on the instruments: “Low” and “Touch Down”, “No Touch”. I logged in the optionFair™ Binary Options Trading Platform and I traded $1,400 on the “Low” instrument.

This kind of option has a return of 81% if the option will expire below the strike price. I could get $1,134 on my investment. The market price for USD/CAD at the buying time (12:27) was 1.00288 for the expiry of 12:45. The pair expired at the price of 1.00249 and I earned $710!