5 currency update from UOB via ForexLive

27% profits every 20 days?

This is what Nic Chahine averages with his options 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.

United Overseas Bank with their latest weekly look at 5 pairsEUR/USD: Bearish, immediate target at 1.0905/10 with decent odd of extending to 1.0820.The daily closing below 1.0995 indicates that EUR has started on a move lower to 1.0905/10 (low on the day of Brexit) with decent odds of extending further to 1.0820 (low in early March). The bearish phase just started and in order to maintain the current momentum, any short-term rebound should not move back above 1.1040.

posted via ForexLive

27% profits every 20 days?

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