3 Employment-Related Reports Out Thursday Trigger Trade Ideas

Three U.S. employment related reports are due to be released on Thursday, July 2, 2015.

Two of them are released monthly and one is released weekly. Usually these reports come out on a Friday, but due to the 4th of July falling on a Saturday this year, Independence Day is being observed on Friday, July 3.

When these particular reports are released many markets react making for many trade opportunities. The following reports include:

• U.S. Non-Farm Employment Change
• U.S. Unemployment Claims
• U.S. Unemployment Rate

The Non-Farm Employment Change measures the change in the number of employed people in the previous month, excluding the farming industry.

The Unemployment Claims is the number people who claimed unemployment for the first time during the past week, this one is reported weekly. The Unemployment Rate is the total percentage of workforce not working but looking for work in the previous month.

Variety Of Markets To Trade For This News Event

There are a variety of Iron Condor trade opportunities using Nadex Spreads for this news event coming out at 8:30 AM ET. For an Iron Condor setup you want to buy a lower spread and sell an upper spread.

The ceiling of the bought spread and the floor of the sold spread should meet and be where the market is trading at that time. Each Iron Condor should meet a profit potential or be higher than the profit potential.

If you are unable to find two spreads that meet that above setup and meet the recommended profit potential, then don’t force the trade. You should enter at 7:00 AM ET and 3:00 PM ET expirations are ideal.

Below is a chart showing all the possible Nadex spread derivative markets to set up Iron Condors and the ideal profit potential to shoot for, or go for more if possible,

Apex Investing bases the above recommendations on ranges the markets moved over the past 12 months after report releases.

Most of the movement usually happens in the first 15 minutes and then the market will make it’s way pulling back. You can leave your trades on until expiration if needed. Max profit is when the market pulls back to center between your two spreads.

For more information on Iron Condors and an example, see The Awesomeness Of An Iron Condor.

To see more news trades and learn more strategies go to www.apexinvesting.com.