I would be banking those pips if it was me mate, too much risk staying open during NFP. Could wipe out all of your profit in a few seconds. Of course it could go the other direction and you reach your target but I think that would just be gambling. ...

Hey Timmy Agreed, if you watch interest rate decisions closely you can make good pips from surprise releases. The idea of buying the rumor and selling the fact I trade a couple of high prob trades a week, not necessarily just news trades. I ...

Hey Timmy Yeah you are right about NZD news releases, normally massive spreads or slippage on retail brokers as only NZ banks are giving liquidity to the markets at this time. NZD inflation next week is released later in the day and is a viable ...

Market Makers, ECN, DMAs all very similar. The thing is even an ECN has to go through a Market Maker as the liquidity for the forex market is provided by the large investment banks all over the world. This is how the market has buys and sells at all ...

Bud, not direct at you. I think it is actually a trait of traders to be arrogant and to think they are correct and that their opinion is important. I'm just as guilty as yourself Dukas and Tony. From what I have read Guy you have not bagged or been ...

From reading the last few pages of this forum and a couple of others it is seeming more and more obvious that most traders are arrogant wankers. They all think that because they have been around for a while they know best and others that trade ...

Is anyone else reading his broken English in their head in a Yoda accent?

I haven't tried any exchanges yet but keen to. I've heard the slippage and spreads can be worse than OTC brokers which could make my trading style a bit harder. How have u been finding them?

Binary Options isn't as bad as what people are saying, it's just frustrating as there is only two outcomes. One you loose your money, two you make good profit and they ask you to leave, then you have to move on to another broker. I started trading ...

Hi Rising Sun, I first want to say thank you for your additions and ideas on news trading. It's good to see others putting helpful things out into the communitiy instead of haters just critisising others. One thing that is a little concerning is ...

Yeah 9 pip spread is slightly high for an ECN during Asian news but not unheard of. It really comes down to how much you get slipped as well. You might have the tightest spreads around and you do all your research, pair accordingly, have your risk ...

Hey Bsmile, I trade very similar to what you are saying for most of my news trades. Normally using Amazing EA to place my orders but you can get massive slippage when there is too many big players in the mix, like during the NY and LD cross over, or ...

It definitely does happen, it can happen on large news releases as well as major financial changes. I have had it happen on interest rate decisions where it has gone straight past my stop loss. Mostly because my stop loss was set too tight so when ...

Yep, I'm feeling ya. I use an EA to place all of my Stop Losses, Take Profits, Sell a portion of my positions and my Break Even. I have everything well planned out before any news trade so when it comes time I just hedge both ways and turn on my ...

Hey Hmsr I hedge the news, I think it is pretty hard to try and guess which direction the news spike is going to go, so I hedge trade only the very large news releases. I enter about 30 sec prior to the news in both direction and then use an EA to ...

url try forex peace army calendar. They give a red or a green indicator if the figure is good or bad for the currency. Just click on the news event you are wanting to research and you can see if a negative/positive deviation is good or bad for the ...

, you don't need an indicator to do this. Best way to do this is to look back over history to see what happened during that news release in the past. Typically larger deviations from the forecast figure will have a larger impact. Once you ...

you can always go to forexpeacearmy calendar and work your way through for free, a bit clunky for my liking.