Trade The US GDP Numbers Coming Out Wednesday Morning

The widest measure of economic activity and economic health is coming out next week. The Final GDP (Gross Domestic Product) and Final GDP Price Index are coming out Wednesday, June 24, 2015, at 8:30 AM ET. The GDP information actually comes out in three different versions a month apart, the Advance, Preliminary and Final. This one will be the final version. GDP is the inflation-adjusted value of all goods and services produced by the economy and is reported in an annualized percentage. The Final GDP Price Index is based on the price of all goods and services and is a percentage of annualized change.

Government news reports influence and can move markets. Often traders think that these reports move markets considerably. That is not always the case though. The government news reports do move the markets, not necessarily a great deal though, and then the markets have been found to usually pull back. For this trade that is the case as well. The strategy recommended is a good choice for when it is unknown which way the market will go.

The Iron Condor Strategy

The Iron Condor strategy is called a neutral strategy just for that reason, and is able to catch profits regardless to the direction the market moves. With the Iron Condor you can profit no matter which way the market moves as long as it pulls back. You can also profit if the market doesn’t move at all, and remains around the price the market was trading at when you entered.

Nadex Spreads Can Be Traded From 49 Different Countries

To set up an Iron Condor you use Nadex (North American Derivatives Exchange) Spreads. For these news reports, since a consistent move was found on the EUR/USD that is the recommended market to trade. Buy a lower EUR/USD Nadex Spread and sell an upper EUR/USD Nadex Spread. Looking at a chart, the ceiling of the lower spread and the floor of the upper spread should meet and be where the then current underlying EUR/USD market is trading.

You want your profit potential for this trade to be $35 or more and you want to have the right setup, as mentioned above, or don’t place the trade. You can enter as early as 8:00 AM ET for 10:00 AM ET expirations. The reports come out at 8:30 AM ET. The market will make its move and then tends to pull back. The closer to center between the Iron Condor the market pulls back, the greater your profit will be. To see an example trade of an Iron Condor played out read The Awesomeness Of An Iron Condor.

To learn more about how to trade the news and for a full calendar including strategies go to www.apexinvesting.com

Posted In: Binary OptionsEducationEurozoneFuturesCommoditiesOptionsForexMarketsGeneralapexinvestingbinarybinary chartsbinary optionsbinary scannerbinary signalsdarrell martinday tradinghow to tradenadex binariesnews release trades EUR/USDnews trading ideasnorth american derivative exchangepost newspremium collectionprenewsscalpingspike strikerspread optionsspread scannerThe Better Betweekly options
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