How do you trade the news? Strategies?

Hi,

How do one trade the news?

I hear people talk about straddle 10 pip above and under last 5 min candle before NFP (just an example). Is this how its done?

Just wondering if someone has some news trading strategies that is somewhat easy to explain and follow.

Maby this has been discussed before in another thread, have been searching but have'nt found any. If there has, please just copy the link and I can read from there!

This NFP, 40 minutes ago, I just used some EMA and SMA to determine a short retracement from the first 30 sec spike. Just luck I guess but I got a 40 pip good one. Think's this kind of strategy is way to risky.

Regards
Jogge

mate,

read threw Similar Threads (keep strolling down)

Good Luck

I place a long trade with a 20 pip s/l. If it goes long I click close at a profit I like. Sometimes it works, sometimes it doesn't.

for ucad.. minachi is the best style for grab the pips 90% accuracy from my signal was break the sl

From the desk of TradeHouse Global,Our Latest Product "THG Straddle Trader-Diamond version" now launched and available for sale via our website..A MUST get tool for every Forex Trader out there! It's used for trading fundamental analysis in Forex and it's highly effective doing so...It works with licenses and we sell 3 types of licenses for this tool..1Month,3Months and 1Year licenses..The software is a perfect for trading news releases and avoid some brokers' limitations,it has a winning accuracy of 75-85%..Check our website www.tradehouseglobal.com or www.facebook.com/TradeHouseGlobal for more details. FREE TRAIL IS CURRENTLY AVAILABLE!!!

Installation video is now available via our website www.tradehouseglobal.com (on the Gallery page) and can also be found on youtube.. ..Very easy steps to quickly get it up and running! If you haven't downloaded the software..you are missing out!! There are tons of fundamental news events coming up in July and each has a great profit potential..You could make huge money with this ans even use you profits to subscribe to the full version of "THG Straddle trader"..download link again is http://www.tradehouseglobal.com/down...al_package.zip .

To your success,
THG Team