People's Bank of China (PBOC) sets yuan reference rate at 6.1681 (vs. prior set at 6.1675) via ForexLive


27% profit every 20 days?

This is what Nic Chahine averages with his option 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.


Prior close 6.1747 7-day repo has opened at 3.87% (prior close was 4.12%) overnight repo opened 3.16% (prior close 3.30%) - This daily ‘reference rate' is the mid-point for USD/CNY trading. The PBOC allows the USD/CNY to trade up to …

27% profit every 20 days?

This is what Nic Chahine averages with his option 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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posted via ForexLive

Posted In: ForexGlobalEconomics