Aparsai,
I currently straddle the news using an EA, but have had a hard time using this method ever since IBFX started to freeze the charts. I also have an account with Fibo Group, which I also straddle, but they have recently implemented a minimum straddle of +16 pips. I have always traded the news via straddling and have been successful until recently when the brokers started playing around with charts and such.
Another method I have used successfully is pre-spike entry using Reuters Traders. I automate the process of retrieving the news data from Reuters using a program which then places the orders based on predetermined triggers into MT4. The process is instantaneous once news data is delivered on Reuters platform, within a couple of seconds.
TimeFreedom
I currently straddle the news using an EA, but have had a hard time using this method ever since IBFX started to freeze the charts. I also have an account with Fibo Group, which I also straddle, but they have recently implemented a minimum straddle of +16 pips. I have always traded the news via straddling and have been successful until recently when the brokers started playing around with charts and such.
Another method I have used successfully is pre-spike entry using Reuters Traders. I automate the process of retrieving the news data from Reuters using a program which then places the orders based on predetermined triggers into MT4. The process is instantaneous once news data is delivered on Reuters platform, within a couple of seconds.
TimeFreedom