USD/JPY Higher Ahead of 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/JPY is trading at 102.68, up 0.38.The pair is trading very choppy. Market talk about money flows and global headline news is constant and has kept buyers and sellers active. Some chatter about Japanese economic data due out over the weekend is starting to show up. The Bank of Japan (BOJ) is scheduled to release PPI (producer prices) data and the Cabinet Office is scheduled to report machinery order figures Sunday at 7:50 p.m. ET. In other Forex Markets; GBP/USD is trading at 1.3250, down 0.0056. EUR/USD is trading at 1.1211, down 0.0057. USD/CAD is trading at 1.3048, up 0.0126. AUD/USD is trading at 0.7544, down 0.0103.

27% profit every 20 days?

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