Seven US Reports Set To Release On Friday


By Darrell Martin

On Friday, January 26, at 8:30 A.M. ET, the U.S. Department of Commerce, the Census Bureau and the US Department of Commerce will release a total of seven reports. These range in importance from low to high. They cover topics such as Durable Goods Orders, GDP and Real Consumer Spending. These reports monitor changes on the United States economy. Because of this, a trade opportunity is presented as changes occur.

Volatile movements in the market are known to be caused by news reports. After such movements, reactions to such news are often followed by a pullback. The direction of this movement remains unknown.

The trader might use one strategy known as the Iron Condor. It utilizes two Nadex GBP/USD spreads. Regardless of how the market moves, the trader is allowed an opportunity to collect a premium. When the trade is entered where the market is trading, the ceiling of the purchased spread should meet the floor of the sold spread.

Collecting Trade Premiums

As the pullback happens during the Iron Condor Strategy, both trades profit relative to the center while the market is fluctuating. Once the time has expired, both spreads can profit. The result collects a premium. Risk can be maintained as a realistic 1:1 potential, so nothing is risked beyond the floor and ceiling of spreads.

For a minimum profit of $35, entrance to this trade can started as early as 8:00 A.M. ET on Friday, January 26. The 10:00 AM ET expiring spreads are available the morning the reports are released, providing an opportunity to trade just after sunrise. This is a great trade for demonstrating market reactions and further familiarizing oneself with interactions between news reports and Nadex spreads. Upon accomplishing this, the trader can use the strategy live.

Education about day trading is offered free at Apex Investing.