Trading Nadex Into The News: US Various Reports November 14, 2014

On Friday, November 14, 2014, at 8:30 AM, the United States will release six monthly reports.

All of these reports will affect what happens to your trades during that time, so if you are trading and the charts are moving, you’ll know that there was some news released. It seems that there are times when you get so caught up in your trading that you may have neglected to take into account the fact that things happening in the news which can cause the market to fluctuate.

But without these news releases and fluctuations, the market could possibly remain flat; and when the market is flat, it is like waiting for paint to dry!

The reports causing the action on Friday, November 14 are the Core Retail Sales, Import Price Index, Retail Sales, Export Price Index, Retail Control, and Retail Sales Excluding Gas/Autos. As you can tell from the titles of these reports, four involve retail sales which reflects consumer spending which in turn makes up the consumption part of the GDP. The other two reports concern goods that the US is importing and exporting.

The following chart may help you determine the position you want to assume for your upcoming trading into the news:

Both the Core Retail Sales and the Retail Sales reports are considered to have high importance. Import Price Index and Export Price Index are designated as medium in their importance value. The Retail Control and the Retail Sales Excluding Gas/Autos are labeled as having a low importance. The amount of importance indicates the likelihood that the news event might have on the market.

The suggested strategy for trading all of these news reports in to find an Iron Condor using Nadex Spreads on the EUR/USD. Because all of the reports are being released at 8:30 AM, you can enter as early 8:00 AM. with an expiration of 10:00 AM. The minimum profit amount you want is $30. An Iron Condor is the strategy where you buy a lower Nadex spread and sell an upper Nadex spread, both with the same expiration. The floor of the upper spread must be equal to the ceiling of the lower spread.

To learn other ways to trade the news go to www.apexinvesting.com. Apex Investing Institute offers free education, and free access to the Nadex Binary and Spread Scanner Analyzers. Member traders are invited to trade in the chat rooms, take advantage of trade signal services, have key indicators and access the Apex Forum. The forum content is updated daily and includes over 8000 members. In a supportive learning community of seasoned as well as up and coming traders, traders of all levels learn how to trade Nadex binaries and spreads in depth, as well as futures, forex, stock and options, and gain an edge for successful trading overall.