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.
EURUSD I been saying for quite a while that the major trend remains for the EUR to move eventually towards and through “parity” with the USD. I’ll stay with these thesis. I believe that the EUR has been seriously hurt, however in the short term I can see the EUR trading to and through 1.2550 in the next week possibly. I think it can easily do this and have been buying dips on 60 minute charts with a view of trading EURUSD up to 1.2550, it can do this within the confines of a well defined bear market. I shall probably reverse and start selling EUR and GBP also, as soon EURUSD hits 1.250ish or below if it Shows any signs of topping. For now I’ll initiate some small long intra-day positions GBP could reach 1.5000 on a short covering, so I’ll wait patiently to sell GBP also. As my dad used to say to me when I was a teenager, “you are a lazy little git” oh and he also said “patience is a virtue”
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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