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Straddling

  • #1
  • First Post: Aug 15, 2006 2:16pm Aug 15, 2006 2:16pm
Hi,

Does anybody use straddling during the news?
And which is your broker?
My broker does not allow to straddle anymore so I have to find another broker.
By the way how far do you set yours entries?
Please help!
If you can't solve a problem, it's because you're playing by the rules.
  • #2
  • Aug 15, 2006 2:18pm Aug 15, 2006 2:18pm
I set mine to 10 pips.
  • #3
  • Aug 15, 2006 2:21pm Aug 15, 2006 2:21pm
This thread will probably help you out.

http://www.forexfactory.com/forexfor...ead.php?t=4734
  • #4
  • Aug 15, 2006 2:25pm Aug 15, 2006 2:25pm
yes, sometimes
fxsol, saxo and tradefreedom
+/- 25 to 30 pips away

Quoting ainars777
Hi,

Does anybody use straddling during the news?
And which is your broker?
My broker does not allow to straddle anymore so I have to find another broker.
By the way how far do you set yours entries?
Please help!
  • #5
  • Aug 15, 2006 2:30pm Aug 15, 2006 2:30pm
Quoting Dan7974
I set mine to 10 pips.
And who is your broker????
If you can't solve a problem, it's because you're playing by the rules.
  • #6
  • Aug 15, 2006 2:34pm Aug 15, 2006 2:34pm
Quoting ainars777
And who is your broker????

My broker is FXDD.com,
You probably dont know that site.
  • #7
  • Aug 15, 2006 2:43pm Aug 15, 2006 2:43pm
FXDD

$traddled this morning with entries at +/- 10 pips on either side of current price at about 8:29:30. Got got filled exactly at the stop order for the buy.

Ya gotta be quick and know your platform.
  • #8
  • Aug 15, 2006 2:48pm Aug 15, 2006 2:48pm
Quoting Palmer
FXDD

$traddled this morning with entries at +/- 10 pips on either side of current price at about 8:29:30. Got got filled exactly at the stop order for the buy.

Ya gotta be quick and know your platform.

I am quick. I set my screen half the chart, and half the platform.
  • #9
  • Aug 15, 2006 2:55pm Aug 15, 2006 2:55pm
Quoting Dan7974
My broker is FXDD.com,
You probably dont know that site.
I tried FXDD demo account.
Does FXDD no slippage and instant execution (no delay or re-quote)?
So the limit order that I request can not miss?
If you can't solve a problem, it's because you're playing by the rules.
  • #10
  • Aug 15, 2006 2:57pm Aug 15, 2006 2:57pm
Quoting ainars777
I tried FXDD demo account.
Does FXDD no slippage and instant execution (no delay or re-quote)?
So the limit order that I request can not miss?


Your limit will NOT GET MISSED.
  • #11
  • Aug 15, 2006 3:00pm Aug 15, 2006 3:00pm
Quoting ainars777
I tried FXDD demo account.
Does FXDD no slippage and instant execution (no delay or re-quote)?
So the limit order that I request can not miss?
I would NOT recommend FXDD. Yes, they have slippage. No, they do not have good execution. Yes, their limit orders will be missed.

I moved all of my funds out of FXDD just this week. I've experienced the worst slippage and system down time than any other broker I've worked with. I'm planning on posting a thread with detailed information about my experience.
  • #12
  • Aug 15, 2006 3:05pm Aug 15, 2006 3:05pm
Quoting stockwet
I would NOT recommend FXDD. Yes, they have slippage. No, they do not have good execution. Yes, their limit orders will be missed.

I moved all of my funds out of FXDD just this week. I've experienced the worst slippage and system down time than any other broker I've worked with. I'm planning on posting a thread with detailed information about my experience.
Thanks, so who will be your new broker? Have you made the choise already?
If you can't solve a problem, it's because you're playing by the rules.
  • #13
  • Aug 15, 2006 3:06pm Aug 15, 2006 3:06pm
I would also not read to much into any demo account.

Demo accounts seem to perform perfectly, and then when you go live the rules seem to change.

Just get to know your broker, their rules, and make decisions from your own experiences.

"One man's junk is another man's treasure"

With that being said, just educate yourself, trade within the rules, and if the rules don't suit you, find another broker.

Just IMHO

dc
"There is MORE Happiness in giving than receiving"
  • #14
  • Aug 15, 2006 3:18pm Aug 15, 2006 3:18pm
Quoting drcole1
I would also not read to much into any demo account.

Demo accounts seem to perform perfectly, and then when you go live the rules seem to change.

Just get to know your broker, their rules, and make decisions from your own experiences.

"One man's junk is another man's treasure"

With that being said, just educate yourself, trade within the rules, and if the rules don't suit you, find another broker.

Just IMHO

dc
Yep,

One person will think a broker is junk because he is trading $200/pip and is slipped, requoted and given the run-around. Another trading $2/pip will LOVE!! the same broker. Yet, they both manager to voice their opinions at the same place and say exact opposite things .

It is true that large accounts must find their way out of retail. I myself am having these growing pains. Just need to apply myself, send money to 5 brokers at a time... and hope for the best. 3 down, about 10 to go .
The market is my nation. Traders, my family. Hello, brothers and sisters!
  • #15
  • Aug 15, 2006 3:21pm Aug 15, 2006 3:21pm
Quoting ainars777
Hi,

Does anybody use straddling during the news?
And which is your broker?
My broker does not allow to straddle anymore so I have to find another broker.
By the way how far do you set yours entries?
Please help!
Which broker was it?
  • #16
  • Aug 15, 2006 3:25pm Aug 15, 2006 3:25pm
Quoting Purple
Which broker was it?
IFX Markets
If you can't solve a problem, it's because you're playing by the rules.
  • #17
  • Aug 15, 2006 3:32pm Aug 15, 2006 3:32pm
Quoting stockwet
I would NOT recommend FXDD. Yes, they have slippage. No, they do not have good execution. Yes, their limit orders will be missed.

I moved all of my funds out of FXDD just this week. I've experienced the worst slippage and system down time than any other broker I've worked with. I'm planning on posting a thread with detailed information about my experience.

There limits never get missed. You just need to know how to set up limits. You know, You still gots ta add/sabtract thier spread to Your limits/Stops/Entrys.
  • #18
  • Aug 15, 2006 3:36pm Aug 15, 2006 3:36pm
Quoting Dan7974
<TABLE cellSpacing=0 cellPadding=6 width="100%" border=0><TBODY><TR><TD class=alt2 style="BORDER-RIGHT: 1px inset; BORDER-TOP: 1px inset; BORDER-LEFT: 1px inset; BORDER-BOTTOM: 1px inset">Originally Posted by stockwet
I would NOT recommend FXDD. Yes, they have slippage. No, they do not have good execution. Yes, their limit orders will be missed.

I moved all of my funds out of FXDD just this week. I've experienced the worst slippage and system down time than any other broker I've worked with. I'm planning on posting a thread with detailed information about my experience.
</TD></TR></TBODY></TABLE>


There limits never get missed. You just need to know how to set up limits. You know, You still gots ta add/sabtract thier spread to Your limits/Stops/Entrys.<!-- / message -->.

Well, i agree with stockwet , there is huge slippage with FXDD even with limit orders. I saw a 28 pip slippage just the other day. Probably you haven't yet experienced it , so just be on the watchout.
  • #19
  • Aug 15, 2006 3:49pm Aug 15, 2006 3:49pm
Quoting ainars777
Hi,

Does anybody use straddling during the news?
And which is your broker?
My broker does not allow to straddle anymore so I have to find another broker.
By the way how far do you set yours entries?
Please help!


I am using GFTFX. I just started using them. My first trade with them was when payroll numbers came out. Had no problems there, but then when I used them for the FOMC announcement I had major slippage. I think I will stick with them but will try a different strategy.
  • #20
  • Aug 15, 2006 4:10pm Aug 15, 2006 4:10pm
Quoting jonesla9
I am using GFTFX. I just started using them. My first trade with them was when payroll numbers came out. Had no problems there, but then when I used them for the FOMC announcement I had major slippage. I think I will stick with them but will try a different strategy.

Was that a market order or an entry order Jonesla9?
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