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Summary

It could be said that economic data is the life blood of the Foreign Exchange markets. Many traders begin their week by first looking at the calendar to plan ahead their likely schedule. Certainly business news is always talking about the latest releases and we have often seen how economic data suddenly leads to market volatility. But in the age where banks and market makers employ low latency trading systems, economists and mathematicians with PHD's how can the retail trader compete? Enter an age old concept for trading the markets, going on a "Straddle", a method that eliminates the advantages of low latency systems or the need to be a rocket scientist to accurately predicting how things will turn out. Join Mark de la Paz as he discusses straddle trading and the cheat sheet for interpreting economic figures.
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