FXSol slipping price

-sigh- You people expect too much. There is no central market in forex, so of course there will be gaps. Just suck it up. I mean, you people act like fxsol is a God that can do whatever they want. Did it occur to you that most brokers hands are tied when it comes to news release times?

Stop thinking about your own selves for a minute and look at what's really happening.

it's taken 3 pages but finally someone with some sense. All this talk about finding a 'good' broker to trade news is laughable. All you straddlers needs to read up on how the real market works and you'll see why the brokers need to widen their spreads and play other games which are really to protect themselves and discourage you from trading when the market is volatile.

If you were to try and do the same in any real mkt .. whether it be in the futures mkt or on any other regulated exchange, you would have a choice of two types of orders. A stop order and a stop limit order.

Depending on the exchange, a stop order will be triggered when the bid/offer specified in the order is hit/breached and a market order is sent. For a stop limit order, a limit order will be sent at the price of the order. IF you try either of these orders around news you will experience the following:
1. STOP ORDER : you will get the next available price that can be matched to your order and in thin markets you could get average price much much worse than you want
2. STOP LIMIT ORDER : a limit order at the limit price will be sent and most lilkey not get filled unless the limit price is somewhere at the top/bottom of the move

In either scenario you are unlikley to make any money. If you insist on trading news via straddles, you're going to have to stick with these second rate market maker brokers and hope that your trade sizes remain below the radar.

If, on the other hand you try and get in before the actual move and you have the appropriate setup (by that I do not mean subscribing to these new services with autoclick software) then you will need to trade in proper mkts like globex or a proessional ecn. However, if you were in a position to do this .... you would have left fxsol long ago

Thank You,
dcline