NZD/USD Technical Analysis for June 29, 2011


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


By ForexMansion.com

 

The NZD/USD pair shot straight up to the 0.81 level on Tuesday, and is starting to look supportive at this area. The pair has done well, but until we break the 0.82 level – thus making a higher high – we will hold on this pair. We don't like selling, so we are waiting to get a buy signal.

Originally posted here

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27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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