AUD/USD Lower ahead of RBA

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.

The Reserve Bank of Australia (RBA) rate decision is due Monday at 10:30 PM ET. Market talk is that no change is expected. The AUD/USD is trading at 0.7769, down 0.0029. The AUD/USD has traded mostly lower during the U.S. forex trading session. Some chatter is making the rounds about Australia's Current account Balance and Australian Building Approval data that will be released at 7:30 PM ET ahead of the RBA announcement .

27% profit every 20 days?

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