May 7, 2015 6:07 AM | 1 min read
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
German company
Siemens AG (ADR) (OTC: SIEGY) reported a rise in its net profit for the fiscal second quarter and announced its plans to lower another 4,500 jobs worldwide.Siemens posted a quarterly net profit of EUR3.89 billion ($4.41 billion), versus a year-ago profit of EUR1.12 billion. EPS climbed to 4.65 euros from 1.32 euros.Its revenue gained 8 percent to EUR18.05 billion, compared to EUR16.7 billion.New orders rose 16 percent to EUR20.75 billion.Its income from continuing operations rose 77 percent to 2 billion euros in the quarter, while industrial business profit slipped 5 percent to 1.7 billion euros.The company reiterated its 2015 outlook.Siemens shares gained 2.06 percent to close at $109.75 yesterday.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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