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.
The GBP/JPY pair finds itself at a critical juncture as the British Pound has experienced a slight pullback against the Japanese Yen in recent weeks. Although there have been attempts to push higher, the price action is signaling a potential topping pattern, noticeable between June 27th and July 27th, with no significant follow-through. Moreover, the 20-period simple moving average is acting as strong resistance.
Anticipate a potential downward move, with the pivot point at 179.902 likely to be breached. The pair’s current position, potentially in Stage 3 of the cycle, heading into Stage 4 in the near future, is further supported by the cooling Japanese inflation, which is surpassing expectations. Keep a close watch on this inflection point as the market dynamics unfold.
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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