The Better Bet

Various US economic reports will be released on Friday, at 10:00 a.m. ET. Reports include: • ISM Manufacturing PMI • ISM Manufacturing Prices • Construction Spending The Institute for Supply Management Manufacturing Purchasing Managers Index is the high impact news event....

The UK will release the Manufacturing Purchasing Managers Index on Friday at 4:30 a.m. ET. This report is a result of 600 purchasing managers surveyed about various business conditions, making it a leading indicator of economic health. Based on previous releases, the GBP/USD can move an average...

At 8:30 ET on Thursday morning Canada will release its Gross Domestic Product data. Based on previous movement from this event in USD/CAD, an Iron Condor trading Nadex USD/CAD spreads could be a high probability trade for traders looking for profit of $25 or more. To set it up, one could buy a...

Leading up to and following the Brexit vote, many wondered how and what effect it would have on the finances of the United Kingdom. As of Monday, some are calling it “Bregrexit”, with markets down around the world, reflecting the lack of a plan and a feeling of regret by some on the...

Trading in the evenings due to working during the day? Here is an evening trade to set up before going to bed, and settled before waking in the morning. This trade is based around scheduled news, specifically Great Britain’s Net Lending to Individuals, M4 Money Supply and Mortgage Approvals...

As the week winds out from last week’s market volatility from the Brexit, the regularly scheduled news events can once again be traded. On Tuesday at 8:30 a.m. ET, the U.S. Final Gross Domestic Product (GDP) and Final GDP Price Index will be released. Typically, this news event can make...

Delta might be the most well known of the Greeks, even if it isn't always understood. But what is Delta?  In the Greek alphabet, Delta is the fourth letter. In the Greek numerical system, it has a value of four. In the financial markets, Delta is the amount the option will decrease or...

Continuing with our defining the Greeks series, this article will explain Theta. Remember, Greeks are merely a fancy name for a math formula used to measure or explain a price movement. Theta is the eighth letter of the Greek alphabet. This is how it is written in upper Θ and lowercase...

Greeks are just a fancy name a math formula used to measure or explain a price movement. In the introduction to this series, it was explained how there are many Greeks mentioned in trading. This article will explain Vega in simple to understand, English terms. Vega is actually not a Greek...

There is an expression “It’s all Greek to me!” This idiom used in the English language means something is so complex as to not be understandable. In trading, reference is often made to “the Greeks.” What is meant by the Greeks? What are they and what do they mean...

US New Home Sales numbers are released Thursday 10:00 a.m. ET. The UK Referendum (Brexit) is also going on Thursday and will most likely impact the markets. New Home Sales is an annualized number of new single-family homes sold in the previous month. It’s forecast to come in at 561k and if...

This is second in a series explaining Brexit and how to trade this UK referendum on whether the country will leave the European Union. Polls will close in the UK at 10 p.m. on Thursday to decide whether the UK should leave the European Union. Votes will start to trickle in just after midnight,...

On Thursday, votes from a referendum held by the United Kingdom to determine if it should remain or leave the European Union will be tallied. A referendum is a vote where those voting can answer “Yes” or “No” to a question, and the side that gets more than half of all the...

This week is full of news events that generate volatility in the market. The biggest is the Brexit vote on Thursday on whether the UK should stay in the European Union. This alone will be enough to generate big, fast moves in the currency markets. With the current market conditions, one could...

Home sweet home. Everyone needs one. The U.S. Existing Home Sales news, which shows the annualized number of residential buildings sold the previous month, will come out Wednesday. This news can be traded with a neutral strategy setup for collecting premium, using an Iron Condor made up of two...