I got +22 pips
I should have stayed more
I should have stayed more
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Quoting MaXeYDislikedSTRADLE: Place 2 stop orders before news 60-20 Sec
u can straddle 5 pips away or 10 , depended on the news we traded
EX:
Buy Stop Order @ 1.9990
Current Price................. @ 1.9980
Sell Stop Order @ 1.9960
about Fade.. we dont place any orders before the news
Price @ 1.9980
news came out and price drop to 1.9960
So we go long @1.9960 after news release , but Fade Risky newbieIgnored
Quoting Fx1618Dislikedtx MaXeY
If I understand this then correctly
Straddle = enter just before the news with a order Long/Short
Fade = ride the wave backIgnored