trading on the news today....

For sure I am getting in later on the news release. Let me ask a question....anyone has the best method to trade the news? Lately it has been spiking up.50, 60 pips in less than one minute ...and when u enter your market order it is already too late...u get a later price...what should i do?

Thansk...

In my opinion it all depends on how well-prepared you are and how your broker deals with you in a volatile market. Anyway, there is a thread on this forum that focuses on this issue. Why don't you take a look at that? Here is the link:

http://www.forexfactory.com/forexfor...ead.php?t=4734

Thanks for the info. I read it. I want to know if 'stop loss' orders get slippage or not to be filled with FXSOL. I am planning a market order today before news release, but I am wonderring if my stop loss will be 1000 pips away if market moves really fast......does that happen? Do you get the exact stop loss price???

I'm with FXsol and be sure that fx is going to raise the spread about 25pips 15min before the data is released. So if u r planning on putting buy and sell orders in u have to place them in advance

I've never had any problems with fx not filling my orders just watch out for whipsaws <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

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thansk this is really good info...ok here is my strategy, let me know your thoughts.....

I am going to place two market orders before the news release...say 5 minutes...with two stop loss orders......u say the stop loss orders will get the exact stop loss price even when the market moves really fast????

In that case..does this trade work u think??

Go to spread and margins and then fast market policy on FXsol

well if ur going to place order 5min before u looking at a 25pip maybe I would just wait until the data is released and see what it is. And then buy or sell in at market price.

This way you can get in on the right side of the move.

Check out CNBC for coverage on cable if you have it.