20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
If you have finished your shopping for the holiday season, but still want to shop some more, then you can shop Nadex Spreads for Iron Condor possibilities Tuesday, December 23, 2014. Starting first thing in the morning at 8 AM you can shop your first setup and then again at 9 AM for another.
Below is a chart and description with the following reports scheduled to be released.
At 8:00 AM time to shop for a couple of EUR/USD Nadex Spreads. You will want to sell the upper spread and buy the lower spread so that your floor and ceiling respectively are the same or as close as possible. Expirations are for 10:00 AM for a minimum profit potential of $30. After the reports are released at 8:30 AM, the market may make a significant move and then may return in between the floor and ceiling to expire right around the middle of your condor. Expiring in the middle or as close as possible, where your upper spread floor is and where your lower spread ceiling is, provides you the greatest profit.
At 9:00 AM be ready to shop again on the same market, EUR/USD. Sell the upper spread and buy the lower spread, also for a minimum profit of $30. If on either Iron Condor there isn’t a minimum of $30 profit potential, then don’t take the trade. Again you want the floor of your upper spread to be the same as the ceiling of your lower spread. Look for spreads that expire at 11:00 AM. After the reports are released the market may make a move and then return to the middle, thus the neutral Iron Condor strategy works well for these news events. When the spreads expire in the middle between them that provides you the greatest profit.
The fabulous thing about shopping Nadex Spreads for Iron Condors to trade the news, is that when you spend your money it can come back to you, and hopefully with a profit! Happy holidays!
Apex has a complete monthly news plan to trade a variety of markets based on numerous news events. If you would like to learn more on how to trade Iron Condors or trade news events go to www.apexinvesting.com, a service provided by Darrell Martin. 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 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.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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