EUR/USD Lower Ahead Of ECB

by Benzinga Staff
March 4, 2015 3:14 PM | 21 seconds read | Make a Comment

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 ECB Governing Council on Thursday will hold its monetary policy meeting in Cyprus. ECB President Mario Draghi will hold a press conference afterwards. The EUR/USD is trading sharply lower Wednesday at 1.1072, down 0.0110. Market chatter about data U.S. due out Friday and the ECB meeting Thursday continues to occupy forex trading.Overnight, France unemployment data will be released. Italy's final GDP data for the fourth quarter is due out.

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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