Forex News

June 05 2009 Forex trading News Activities and Straddle Trades-NFP



 

 

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Good reasons why straddling information trades is not generally a superior thought in the Forex trading marketplace. This is an instance of what can come about on a big marketplace transfer, soon after a greater than expected Non-Farm Payroll

2 comments

  1. So….If I had a (3 pip above price) straddle buy stop and a (3 pip below price) sell stop 5 mins before NFP news release.
    Wouldn't I still get pips on the initial market maker movement. Then, trading the MM exhaustion…….Ideas?

    Reply
  2. Good point. This is why I hesitate with this strategy

    Reply

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