USD/CAD Trading Lower Ahead Payroll Data

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.

USD/CAD is trading at 1.3005, down 0.0067. The pair is trading choppy and just above session lows. Market talk about money flows, headline news and crude oil prices has kept buyers and sellers active. Chatter about economic data due out Friday is just starting to make the rounds. Statistics Canada is set to release payroll figures at 8:30 a.m. ET and the Richard Ivey School of Business is scheduled to release the IVEY PMI (purchasing managers survey) at 10:00 a.m. ET.

27% profit every 20 days?

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