Hello,
I am getting very good profit scalping red economic news.
Most of the time I set buy stop/sell stop at some levels, then if triggered, I manage profit the best I can (try to BE entry and maximize).
If the trade is going red, I cut loss early.
My enemy is mostly slippage that happens. For now I only had slippage when I tried on a non-major pair like EURAUD, it slipped much. Now I concentrate on majors. For now not too much slippage but I guess it will happen...
I wonder if some had experience trading the economic news, if we could exchange regarding this. I think it is very profitable.
Thank you for your help.
I am getting very good profit scalping red economic news.
Most of the time I set buy stop/sell stop at some levels, then if triggered, I manage profit the best I can (try to BE entry and maximize).
If the trade is going red, I cut loss early.
My enemy is mostly slippage that happens. For now I only had slippage when I tried on a non-major pair like EURAUD, it slipped much. Now I concentrate on majors. For now not too much slippage but I guess it will happen...
I wonder if some had experience trading the economic news, if we could exchange regarding this. I think it is very profitable.
Thank you for your help.