With this holiday weekend and the fact that almost every pair is completely sideways with almost no price movement what are the thoughts of placing pending straddling orders? Good idea or bad?
Is this something that others have used in the past with this kind of market? I know from reading several threads and even a couple of books that talk about consolidation of markets that they suggest bracketing the consolidation to catch the break out in either direction.
What kind of risk management/stop loss will you use?
Thanks, RCWSO
Is this something that others have used in the past with this kind of market? I know from reading several threads and even a couple of books that talk about consolidation of markets that they suggest bracketing the consolidation to catch the break out in either direction.
What kind of risk management/stop loss will you use?
Thanks, RCWSO
