AUD/USD Little Changed, Private Sector Credit Eases

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 0.7499, down 0.0011.The pair is trading a little above the session lows. Market chatter about headline news and Australian economic data is making the rounds. The Reserve Bank of Australia (RBA) reported that June private sector credit rose 0.2 percent versus a 0.4 percent rise in May. Year over year June private sector credit eased to a rise of 6.2 percent versus 6.5 percent in May.

27% profit every 20 days?

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