My first time posting on this site so I thought i would share my strategy with you for your opinion. Enclosed is a straddle that you enter into both positions before the news with a guaranteed stop loss on both positions which will close you out for 15 pips loss on one of those positions. It has been working with great success but only last week has this been totally blown out of the water by my provider IGMarkets.
They stopped me from exploiting there GSL by increasing the minimum stop loss level before a news event from 15 pips to at least 45 pips making it useless! Nasty! Just when it was getting soooo good too!
Anyway, just wanted your opinion on the straddle.
GCTrader
They stopped me from exploiting there GSL by increasing the minimum stop loss level before a news event from 15 pips to at least 45 pips making it useless! Nasty! Just when it was getting soooo good too!
Anyway, just wanted your opinion on the straddle.
GCTrader
Attached File(s)
Long Straddle.doc
64 KB
|
2,292 downloads