Successful Trades on June 12, 2012

Successful Trades on June 12, 2012

Trades Placed by optionFair

USD/CAD

According to Christopher Lewis’s analysis of the USD/CAD, the 1.02 is an important support level while the next resistance level is at 1.05. That creates an investment opportunity on the following instruments: “High”, “No Touch Down” and “Touch”.

I logged in the OptionFairâ„¢ binary options trading platform and I traded $1200 on the "Touch" instrument. This kind of option has a return of 71% if the option will hit the strike price prior to expiry, which means that if the signal is correct I could get a return of $852 on my investment.

The market price for USD/CAD at the buying time (12:04) was 1.02901 and the target price was 1.02945 for the expiry of 12:15. The market price touched my strike price at 12:07 which means I won $852 in just 3 minutes!

EUR/USD

According to Christopher Lewis’s analysis of the EUR/USD, “the pair is simply a “sell only” for me at the moment”. That creates an investment opportunity on the following instruments: “Low”, “Touch Down” and “No Touch”.

I logged in the OptionFair™ binary options trading platform and I traded $1400 on the “Low” instrument. This kind of option has a return of 81% if the option will expire above the strike price, which means that if the signal is correct I could get a return of $1134 on my investment.

The market price for EUR/USD at the buying time (12:24) was 1.25138 for the expiry of 12:30. The pair expired at the price of 1.25080, there for I won my position.