AUD/USD Little Changed


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.


AUD/USD is trading at 0.7915, up 0.0016. The RBA monetary policy statement came out on Thursday evening and trading has been range-bound for most of the night. Some selling occurred after the monetary statement came out.Market chatter about U.S. Unemployment due today is making the rounds.Regionally, Chinese CPI Data is due out late Friday night and on Saturday Chinese aggregate Financing, a broad measure of credit in China is due out. Market talk about next week's Australian data is making the rounds. On Sunday night the NAB will release its business confidence index.

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 In: FuturesForexMarketsAustralian dollar