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- billbss replied Mar 22, 2018
Do you recommend AUD news? I've been burnt on it recently.
Central Banks & Big Players
- billbss replied Mar 22, 2018
Preparing yourself to go short wouldn't make any money- actually going short might. What would you use as an entrance trigger?
Reversal Strategy
- billbss replied Mar 9, 2018
I would have gone long on USDCAD. I saw the spread widen to about 10 or 12 a few seconds before news and I didn't pull the trigger. Saved myself a loss. I'm not sure there is a safe news pair left on OANDA
Central Banks & Big Players
- billbss replied Mar 8, 2018
CAD used to be good news to trade. I stayed out of the last one because they widened the spread (OANDA).
Central Banks & Big Players
- billbss replied Mar 7, 2018
I did ten or twelve years ago when every broker had big stops. They were OK. I don't know anything about them now.
Central Banks & Big Players
- billbss replied Mar 6, 2018
AUDUSD was a mess last night if anyone tried to trade it. I was ready to place my order and I saw it shoot up over 10 pips a few minutes before the news. That scared me off and I'm glad. At news time it gaped down enough to stop me out then shot up. ...
Central Banks & Big Players
- billbss replied Mar 5, 2018
Tony, AUD tonight, 16 SL and 120 tp? How's the liquidity on that pair at 7:30 ET? Thanks
Central Banks & Big Players
- billbss replied Mar 2, 2018
OANDA widened the spread to about 16 pips immediately before USDCAD GDP release. I had a spread indicator on my MT4, saw it and saved myself a 16 pip loss.
Central Banks & Big Players
- billbss replied Feb 26, 2018
I'm not an expert like like Tony. I hope he answers this. I try to avoid them by avoiding simultaneous news releases. It seems like that is the cause of whipsaws.
Central Banks & Big Players
- billbss replied Feb 26, 2018
Because you can easily get stopped out on both trades in a whipsaw.
Central Banks & Big Players
- billbss replied Feb 21, 2018
If you place your trade immediately after the news is announced, you may trade into the widened spread and immediately be stopped out.
Central Banks & Big Players
- billbss replied Feb 10, 2018
New threads keep the forum going. I wish I had something interesting to open a new thread about

News Trading System - Possible Automation
- billbss replied Feb 9, 2018
I've never had Oanda slip me more than 2 or 3 pips- max. Oanda makes it's crooked money with spread widening- watch out for NZD news.
Central Banks & Big Players
- billbss replied Feb 1, 2018
I'm seeing the sell and buy on some of the pairs, but it isn't opening any trades. I have the smiling face- I wonder what I'm doing wrong.
Pinbar trader EA - Trading pinbars off weekly S&R levels
- billbss replied Feb 1, 2018
This reminds me of the Odd Lot Index in the stock market. An odd lot is less than 100 shares. Only the little guys buy odd lots. An index is published of the number of odd lot buys versus sells. If the little guys are buying, you want to sell. If ...
Shorting Forex Factory members
- billbss replied Jan 27, 2018
I didn't see the template in your zip file. Thanks
Pinbar trader EA - Trading pinbars off weekly S&R levels