Trading During US State Of The Union


#1

Should we do any trades during the US State Of The Union? If yes, how? Should we do any trading for any of the big national or international events?


#2

You could treat it as a “News Event” and based on what you think the markets will do, either place a Straddle or an Iron Condor.

Or you could trade it directionally and then just use an OTM spread to hedge the trade


#3

Thanks for responding. Whenever I’ve asked a similar question, no one even bothers to respond.

What markets would be best to trade this event? Can I do any particular Forex markets with this event?


#4

With the US News Events. Its usually always the Eur/USD that is recommended.

But really any of the US pairs could work. USD/JPY could fare well if there is a lot of moment in one direction

Just be careful if you are looking at longer term trades though. EUR has some big news in the early morning… and then USD gets hit later on with more news… and then later in the afternoon, have all that fun FOMC stuff as well