USD/CAD Little Changed 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/CAD is trading at 1.3398, down 0.0001. The pair is trading rangebound and on both sides of unchanged as overseas forex traders begin to wind down trading for the day. Market talk about global money flows and the U.S. election on Tuesday is making the rounds. Chatter about Canadian economic data due out Tuesday is starting to show up. Canada's Mortgage and Housing Corporation (CMHC) is scheduled to release Canadian housing starts at 8:15 a.m. ET. Statistics Canada is set to release Building Permit figures Tuesday at 8:30 a.m. ET.In other Forex Markets; EUR/USD is trading at 1.1037, down 0.0099. GBP/USD is trading at 1.2402, down 0.0110. USD/JPY is trading at 104.57, up 1.48.AUD/USD is trading at 0.7695, up 0.0034.

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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Posted In: FuturesForexMarketsCanadian dollarUSD/CAD