DislikedNews trading : GBP CPI y/y Buy Gbp / Usd or Eur/ Gbp ?? any1 guessing this coming news?Ignored
I might go short on the ZEW in my demo account..(waiting to hear back from OANDA for my live account opening)
I find it interesting historically the amount of times the forecasters have overhyped the numbers after ZEW Confidence topping out at an all time high level or close to it. You can see quite clearly as the ZEW confidence takes its cyclical correction to the downside the forecasters have been well known for hyping the number up. You can just see this by where I have marked showing the orange squares always higher than what comes out resulting in disappointments and further downside.
This is just my personal view and opinion and I'm not sure if I would go short had I been on my live account when does come out.
Purely entering this to see what happens if it goes up to see how much slippage I would get if any..
NikkiT, do you use OANDA and have you ever had slippage?
Would appreciate your experience with them if you are signed up with them