GBP/USD Extends Lossses


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 1.2296, down 0.0080.The pair has extended the session losses. Chatter about global money flows and European headline news is making the rounds. Market talk about recent comments from U.S. economic and monetary policy makers has been constant. Chatter about buyers backing away for 1.2250 is showing up. Talk about sellers near 1.2350 is making the rounds. In other Forex Markets; EUR/USD is trading at 1.0522, down 0.0046. AUD/USD is trading at 0.7653, up 0.0011. USD/JPY is trading at 113.88, up 0.79.USD/CAD is trading 1.3325, up 0.0016. USD/CNY is trading at 6.879, up 0.0130.

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: FuturesCommoditiesMarketsbritish poundGBP/USD