Time To Get Your Flock On Again With Release Of FOMC

Four times a year the Federal Reserve releases the Federal Open Market Committee’s (FOMC) Economic Projections and has a Press Conference. The projections include the committee’s estimates on inflation and economic growth over the next two years along with a breakdown of each member’s interest rate forecasts. The Press Conference is in two parts: the first being the reading of their statement and the second part is after the release, where the press can ask questions. During the question asking and unscripted answering is when the market can get volatile.

FOMC Statement and Fed Funds Rate Released 8 Times A Year

The actual FOMC Statement is released eight times a year and has slight changes at each release which is the main focus for traders. The actual Federal Funds Rate is also released eight times a year which is the interest rate that short term interest rates are based on. However, the rate is overshadowed by the actual statement. This scheduled release date, Thursday, June 17, 2015, three of the four reports are coming out at 2:00 PM ET. Then at 2:30 PM ET, the FOMC Press Conference will take place.

Multiple Iron Condor Opportunities Available On Numerous Markets For A Flock

Since all four reports are coming out this release time, there are multiple Iron Condor opportunities on many markets. You must be ready to set your flock of Iron Condors free for profit potential. For an Iron Condor setup use Nadex Spreads. Buy a lower Nadex spread and sell an upper Nadex spread where the ceiling of the lower bought spread meets with the floor of the upper sold spread. The ceiling and the floor should also meet where the then current underlying market is trading. Each Iron Condor in the flock, will have a different entry time and expiration time, along with different profit potential for each Nadex spread market. Below are charts including entry times, expiration times, and profit potential goals for each market.

You can put your Iron Condors on at the entry time and leave them on until expiration to let the trades play out. Some of the Iron Condors will expire sooner than the others. The markets normally make their move and then pull back making their way back to where they started, which is what you want them to do with this strategy, although there is no guarantee. The closer the market comes back to center, between the spreads in the Iron Condor, the greater your profit, with max profit being right in the middle.

To improve your expertise on the Iron Condor strategy and be ready to release your flock on Wednesday, you can read The Awesomeness Of An Iron Condor. Also, for a complete calendar of news events and strategies to trade them go to www.apexinvesting.com founded by Darrell Martin. Nadex offers spreads and binaries for trade, derivatives of numerous underlying markets and can be traded from 49 different countries.