Hi guys,
I trade the news sometimes when I feel there is gonna be big movement. So I do the breakout thing...as you all know you set up a limited buy and limited sell...and wait for the market to breakout.
Here is the problem...I use candlestick chart to determine where to place limit buy and sell. And on the candlestick chart, when the news come out, it either hits my buy or sell limit...thats it.
However, sometimes it hits both...but on the candlestick chart it only hits one and then breakout...however, when I choose min and max chart, it does show that it hits both limits. How do I avoid this problem...
I trade the news sometimes when I feel there is gonna be big movement. So I do the breakout thing...as you all know you set up a limited buy and limited sell...and wait for the market to breakout.
Here is the problem...I use candlestick chart to determine where to place limit buy and sell. And on the candlestick chart, when the news come out, it either hits my buy or sell limit...thats it.
However, sometimes it hits both...but on the candlestick chart it only hits one and then breakout...however, when I choose min and max chart, it does show that it hits both limits. How do I avoid this problem...