Personally I would see where price is 1min before the data and straddle closer to the prevailing price say 20pips either side, but it is not a tactic I will be using on this data release. Each to their own though, advantage I suppose of doing it now is that your orders will be higher up the queue to be filled if they are hit so less chance of slippage ?
G/L
G/L
Dislikedtoo risky or maybe worth luck putting entry orders ready before the news pops
long @ 1.647
short @ 1.638
any ideas?Ignored
ex member