Never mind my rantings, I see that there was Speaks news before the figures release. He said one thing, the figures another, hence the whipsaw. Now, H, leave the method alone my boy...Tony will scalp you H

Central Banks & Big Players

What are the odds that these whipsaws are actually position accumulation for later news events?? Those two 15m candles look a lot like stop hunts from here...

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I think you mean WTF Wednesday

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Twice in one day, I think that these people are boycotting us...we may have to rethink the strat? Tony, your thoughts? H

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Or long ?

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@ PipKiller, thanks for the words of advice... @Fx3422271, come on, GBP news is out in 15 mins. Looks like a short to me, any thoughts? Cheers H

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Thanks PipKiller. That is one more of my problems, actually thinking that I HAVE to be in a trade....eish. will sort that out too one day

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Traded the SEK news, had the direction correct, but my broker spiked the spread from 13 pips to 66 pips, which took out the SL and now I watch it go my way (170 pips and counting, which, as proven earlier translates to less than it sounds, but ...

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I have noticed that sometimes some pairs, especially AUD, moves far earlier than their news release...I have seen on occasion that the move is sometimes 30 mins before the actual news release. In todays case, it was AUD news that was low impact, but ...

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Morning everyone, have a good, good day. Cheers H

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Thanks PipKiller, I may have to read that a couple of times...I understand options etc, but the math. Anyway, if you could do that with a much smaller account, it may be worthwhile looking at to supplement this strategy. H

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PipKiller, Moonie, many thanks for the answers and the time that you took to write them. @Fx3422271, will look forward to those news events Will probably setup a small trade according to PA to see how it goes, however, my broker has HUGE spreads ...

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Thanks for the reply Moonie, so if I understand you correctly, you, hypothetically would have placed a long on EU, 6 pips above current price at the time of the news, and a short on GU, 6 pips below current price at the time of the news???

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Thanks PipKiller. I 'spose I should rather master the vanilla trades before I move onto options etc... Gotta stop jumping around and master one thing...

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Well, I moved my stop aggressively in order to control my TP, everything turned out okay... Please take note that this was the 1st time I have taken a news trade and managed it the way Tony intended, so I am happy with how it worked out... Below is ...

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I entered in a short (Big up Moonie ) and have managed to recoup my losses (x3 and counting) from going long...so, it isn't all bad But still, dude, do me a favour ? Cheers H

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There is just so much info to keep tabs on, I cannot wrap my head around it all ... To be honest though, I should have expected it. i should know by now, if I think I should buy, then I should actually be selling H

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Ah, do tell... please ?

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Wierd, negative USD news and EU goes short... Wassup?

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Thanks Moonie, same to you my friend... H

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