Put Your Trade On Just Before U.S. Existing Homes Sales Numbers Come Out

A leading indicator of economic health is Existing Home Sales Numbers in almost any economy and it’s no different for the U.S.

The National Association of Realtors will release the annualized number of residential buildings sold for the previous month on Wednesday, July 22, 2015, at 10:00 AM ET.

The great thing about this trade is you can put it on in advance of the release.

Set Up An Iron Condor Using Nadex Spreads

An Iron Condor trade strategy is recommended for this news event, using Nadex EUR/USD Spreads. North American Derivatives Exchange has Spreads and Binaries, which are derivatives of underlying markets.

You can trade Nadex from 49 different countries, not just the U.S.; however, an advantage is knowing Nadex is an exchange and is subject to regulation by the CFTC.

The Apex Investing news department analyzes market reaction after 12 - 24 months of reports looking for any kind of consistent moves. From the information, strategies are determined to create high probability trades if possible.

For this trade, using an Iron Condor strategy, you want to buy a lower EUR/USD Spread and sell an upper EUR/USD Spread. To do this, the ceiling of the bought lower spread should meet the floor of the upper sold spread and should be where the market is currently trading at that time.

Profit Potential Is $30 Or More, You Can Trade More Spreads, Equal Number On Each Side

Place your trade ahead of the news report at 9:00 AM ET with expirations at 11:00 AM ET. The profit potential should be $30.00 or more. You can trade more spreads on each side, just be sure to have the same number on each side.

Both sides of the trade should be entered at the same time. You can leave the trade on until expiration, if needed. The market tends to move and then pulls back after the release of the number. This is exactly what you want for profit. The closer the market is to the center of your spreads then the greater your profit.

To learn more about the details of an Iron Condor read The Awesomeness Of An Iron Condor.

For training on trading go to www.apexinvesting.com.