By Darrell Martin There is scheduled news coming from the Australian Bureau of Statistics, Thursday, April 30, 2015, at 9:30 PM ET that can cause a move, then a pullback in the AUD/USD. Apex Investing analyzes market moves after scheduled news releases going back months and looks for consistent moves. When a market move is found to be fairly consistent, then a strategy is planned and recommended, one with a high probability of profiting for that particular kind of market reaction. Buy The Lower Spread And Sell The Upper Spread The Australian Producer Price Index measures the change in the price of finished goods and services sold by producers. This change can be a leading indicator for inflation specifically for the consumer. To trade this event it is recommended to use an Iron Condor strategy. Using Nadex spreads, a derivative of the underlying market AUD/USD, enter the trade as early as 8:00 PM ET for a 10:00 PM ET expiration. Buy a lower Nadex AUD/USD spread, with its ceiling where the then current underlying market is trading, and sell an upper Nadex AUD/USD spread, with its floor where the then current underlying market is trading. For this strategy, you want to have a profit potential of $30 or more in the spreads divided between them as evenly as possible. For example, sell your upper spread for around $15 and buy your lower spread for around $15. Once you have your Iron Condor set up, if you want to trade more spreads, you can, just be sure to have the same number of spreads on each side. The spreads can be left on until expiration. Max Profit When Market Pulls Back To Center The report is released at 9:30 PM ET. As mentioned earlier, it’s anticipated the market will make a move and then pullback. The closer to the center of the spreads it returns by expiration the higher your profit, with max profit being at center. Apex Investing has a complete news calendar of events. The calendar includes news from around the world, earnings and specific news pertaining to specific markets, for example, oil inventory. Along with the times and dates of the news, a trade plan is specified. To find out more, visit www.apexinvesting.com. Nadex offers spreads and binaries and can be traded from 49 different countries.
Read more: http://www.benzinga.com/markets/bina…#ixzz3YiF22r2d