AUD/USD Trading Higher, Australian Motor Vehicle Sale Rise

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 0.7680, up 0.0041.The pair is trading just under the session highs. Market chatter about money flows and the Reserve Bank of Australia (RBA) policy meeting minutes has kept both buyers and sellers active. The Australian Bureau of Statistics reported that new motor vehicle sales rose 2.5 percent in September versus a downwardly revised flat reading in August. Year over year new motor vehicle sales rose 0.8 percent versus a gain of 2.9 percent in August. Wednesday evening the agency is scheduled to release Australian employment data.

27% profit every 20 days?

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