USD/JPY Moves Up, Japan GDP Improves.


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 107.97, up 1.30.The pair is trading at the highs of the session. Chatter about weekend headline news and money flows is making the rounds. Japan's Cabinet Office reported that gross domestic product (GDP) rose 0.5 percent in the third quarter versus 0.2 percent expansion in the second quarter. Japan's annualized gross domestic product (GDP) was 2.2 percent in the third quarter of versus 0.7 percent in the second quarter. Gross Fixed Capital Formation (CAPEX) in Japan was flat versus a 0.1 percent decline in the second quarter. Japanese private consumption rose 0.1 percent versus a rise of 0.1 percent. External demand rose 0.5 percent versus a 0.2 percent fall in the second quarter.

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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: FuturesForexMarketsJapanese YenUSD/JPYyen