Hi, im testing this simple strategy - News trading
1) 15mins before the news release*.
(*atleast forexfactory calender brown colour level news - average impact)
2) Set 30 pips sell and buy away from the close price**.
(**If the news release at 12:00 GMT+0, then look for the 11:45 GMT+0 close price)
3) Set 20 pips Stop Loss.
4) Cancel all order If not trigger within 15 mins.
Please Give suggesttion. thanks!!
1) 15mins before the news release*.
(*atleast forexfactory calender brown colour level news - average impact)
2) Set 30 pips sell and buy away from the close price**.
(**If the news release at 12:00 GMT+0, then look for the 11:45 GMT+0 close price)
3) Set 20 pips Stop Loss.
4) Cancel all order If not trigger within 15 mins.
Please Give suggesttion. thanks!!