Trade Opportunities All The Time Day Or Night, Evening News Trade Coming Up

There are trade opportunities happening all the time day or night.

One such opportunity is available in the evening at 9:00 PM ET, Tuesday, September 29, just before the Australian Bureau of Statistics releases Building Approvals, the percent change in the number of new building approvals.

This news tells of the level of future construction activity which can be a stimulating rippling effect in the economy.

To trade this news, it is recommended to use Nadex spreads and do an Iron Condor strategy.

Based on market analysis from 12 - 24 past report releases, it was found that the market tends to move and then pulls back making the Iron Condor the perfect strategy for this consistent market response.

Enter At 9:00 PM ET For 11:00 PM ET Expirations

Using Nadex AUD/USD spreads, you will enter two spreads at 9:00 PM ET with 11:00 PM ET expirations. The spread scanner is designed to easily find the spreads you need for your trade setup.

You want to buy a spread with the ceiling being where the market is trading at the time and sell a spread with the floor being where the market is trading at the time.

The combined profit potential you want is $30 or more. Below you can see an example of the spread scanner.

To view larger image click HERE.

The spread contracts, are listed in the middle with the floor being on the right and the ceiling being on the left. The risk/reward for the sell and the buy are to the far left and far right respectively.

To find a combined profit potential of $30 look for two spreads that meet the criteria above, and also have enough profit showing in the green area of their bars.

If you want to go for more profit then you can trade more spreads, just be sure to trade the same number on each side of your Iron Condor.

Once the news is released and the market reacts it tends to make a move and then pulls back. This is exactly what you want for an Iron Condor strategy. If the market pulls back to center between your spreads, directly in the middle that will be full profit for you.

The same if the market remained where it started and never moved.

The market can actually move around 30 pips and your trade will be breakeven, and your trade can move around 60 pips and it will be a 1:1 risk reward ratio.

To learn more about the Iron Condor or other strategies and or more on how to trade forex, futures, CFDs visit www.apexinvesting.com. 

Nadex can be traded from 49 different countries.