USD/CAD Little Lower Ahead of Data

by Benzinga Staff
September 1, 2016 11:42 AM | 1 min read | Make a Comment

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 1.3092, down 0.0019. The pair is trading choppy and a little lower on the session after showing gains early in the day. Market chatter about Canadian economic data due out Friday and global money flows is making the rounds as overseas forex traders wind down trading for the day. Statistics Canada is scheduled to release balance of trade data and labor productivity at 8:30 a.m. ETIn other Forex Markets; EUR/USD is trading at 1.1197, up 0.0041. GBP/USD is trading at 1.3289, up 0.0156. USD/JPY is trading at 103.18, down 0.13.AUD/USD is trading at 0.7541, up 0.0030. USD/CNY is trading at 6.6795, up 0.0020.

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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