Evening Trade Opportunity With Early Morning UK News
March 20, 2017 - 12:40pm
Economic news is scheduled for release 24/7 around the world. With these news releases comes market volatility. With that can come trading opportunities. Early Tuesday morning various reports for Great Britain will be released including the Consumer, Producer, and Retail Price Indexes as well as Public Sector Net Borrowing.
In anticipation of this news, there can be implied volatility present in the pricing of spreads. Using Nadex GBP/USD spreads, with the right strategy for this news can favor a high probability trade.
The news is set for release on Tuesday, March 21, at 5:30 AM ET. An Iron Condor strategy trading two spreads in anticipation of the release can be placed as early as 11:00 PM ET the evening before when the spreads are released for 7:00 AM ET expiration.
To set up this strategy, one ...Full story available on Benzinga.com
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