NoOriginally Posted by ;
Would you discuss your egy regarding trading news with alternative?Originally Posted by ;
Good summary. Otherwise the slippage, it will be off quote (no fill). Been there done that.Originally Posted by ;
Also advice from this thread revealed that some brokers won't cover you to your profit because trades were held too short. Respectable brokers may differ.
https://www.forexforum.co.za/general...as-system.html
I would like to learn too from an experienced trader just like you. Looking for your posts. Thank you XT
I apologize for not updating here now live, but have done so on my other thread, mainly because my main concern was the FOMC would have an effect on gold.
For anyone who is interested my posts are here from before and after the announcement.
Being that it's almost 2014 news may have adverse reactions because of
1. Reduced volume
2. Massive caps pushing the market around
3. Certain facets being priced to the market - again as individuals position for depart 2013 and entry 2014.
1:12 PM EST or New York Time
multiple in-between
Wrap up
YES, Sir, these are problems and best dealt with by trading with brokers who can FILL,Originally Posted by ;
YET - HERE is exactly the reason to get ONE MARKET MAKER PURE market maker broker,
Because they usually always fill, any moment, market orders are greatest.
It is in their best interest that you LOSE. Thus, any trade you choose, unless you are piling bricks that they will fill in approximately 10 - 20 pips.
If cable moves 200 PIPS on a fantastic news day, you then lose 50 on the fill you still made 150 PIPs.
Unfortunately news trading is not what it used to be almost 10 years ago. Back then a few brokers were filling the orders . Now the slippage could be huuuuge and there's absolutely absolutely no way to know your. Most central banks have 0 interest rates and the price is not reacting after the majority of the news releases. NFP is not able to transfer the price susbstantially. To trade news releases is nearer to gambling. Use choices if you do it.
Guys and Gals,
The most rewarding part of trading news is BEING POSITIONED RIGHT and STACKING.
YOU - yes - YOU will OFFICIALLY cancel a WEEKS value of TRADING on ONE GREAT NEWS TRADE. !!!!!!!!!!!
I am a spot trader, yet I exchange the market and what it offers to me,
thus, I am ALWAYS abreast on NEWS and FUNDAMENTALS,
that ONLY provides me a bigger EDGE,
And there are ways to CUT RISK and MAXIMIZE PROFITS,
I just produced a new demo with netdania with 2000. Oo OR 2k USD in it for the sole purpose of posting all of the trades and setups here on the forum,
I want to make a trade explorer, YET - HATE or DESPISE metatrader, largest scam since - or before bernie MADE_off.
However- if people here want to watch me trade BRICKS or TEN STANDARDS using a demonion - I WILL MAKE ONE,
soo, just leave comments below,
THANKS,
XT
OK, I totally expect the same effect on forecast .1 PCT or 0.1%
thus NO SETUP taken on any pair for me. U do as you'd like,
Now here is where the action begins, WEDS TO FRIDAY a BOAT LOAD of NEWS and IMPORTANT during that.
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