GBP/USD Little Higher, Unemployment Steady

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.

GBP/USD is trading at 1.3209, up 0.0017. The pair is trading just under the session highs. Chatter about U.K. economic data is making the rounds. The U.K. Office for National Statistics reported that July unemployment was unchanged at 4.9 percent in versus 4.9 percent in June. Average Earnings were up 2.3 percent versus up 2.5 percent in June. The number of people claiming unemployment benefits in August (Claimant Count) rose 2400 versus a decline of 3600 in July.

27% profit every 20 days?

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