Forex Traders Focus on U.S. Data Due Wednesday

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.

If there are no weather related delays on Wednesday Forex traders will have plenty of U.S. data to review. At 8:30 AM ET U.S housing starts for January are expected to be 1050K vs 1089K. Building permits for January are expected to come in at 1060K vs 1032K. Also at 8:30 AM PPI for January will be released, estimates are for decline of -0.4% vs -0.3%. Core PPI for January is expected to be 0.2% vs 0.3%. At 9:15 AM ET industrial production for January will be released with estimates for a slight rise of 0.1% vs -0.1%. Capacity utilization for January is expected to be unchanged at 79.7% vs 79.7%. Finally at 2:00 PM ET the FOMC minutes from 1/28 will be released.

27% profit every 20 days?

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