DislikedI am a news trader who uses straddle trading. I prefer to trade red news events where there is a high likelihood that the price will only go one way - CPI news releases are a good example. This way I am not going to be whip-sawed (it happens). I enter the trades 1-2 minutes ahead of the release. The spread widening usually happens in the last 30 seconds. In order to manage price fluctuation before the actual news release, I use a commercial EA that allows my straddle to float with the price and in this way, I don't get all/part of my straddle stopped...Ignored
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