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News trading
Členom od May 10, 2015
2 príspevkov
May 12, 2015 at 07:47
Členom od May 10, 2015
2 príspevkov
Hi there,
anybody here trading news with straddle or other software? Thanks.
anybody here trading news with straddle or other software? Thanks.
Členom od Sep 04, 2013
26 príspevkov
May 12, 2015 at 08:11
Členom od Sep 04, 2013
26 príspevkov
I traded news a lot and it can be very profitable. However, you will need to put some money on the table for getting the news data fast, plus you will need a broker who can place your orders on the market even when the price moves like crazy.
Členom od Nov 21, 2011
1718 príspevkov
May 13, 2015 at 11:42
Členom od Nov 21, 2011
1718 príspevkov
Straddle seems to be a smart way to trade news in theory.
The problem is that all brokers widen their spread for a couple of seconds while the news is releasing and so both of your trades can be trigerred and as you get tight sl too... you can end up with 2 loser trades.
If market goes in one direction, market can gap and you aren't trigerred or your entry is so uglly (delayed price) because of low Liquidity while you're being executed.
I gave up this strategy a long time ago, but nowadays, I'm working on a different approach to trade news... (I prefer not tell much about it yet.)
The problem is that all brokers widen their spread for a couple of seconds while the news is releasing and so both of your trades can be trigerred and as you get tight sl too... you can end up with 2 loser trades.
If market goes in one direction, market can gap and you aren't trigerred or your entry is so uglly (delayed price) because of low Liquidity while you're being executed.
I gave up this strategy a long time ago, but nowadays, I'm working on a different approach to trade news... (I prefer not tell much about it yet.)
Členom od Mar 07, 2014
5 príspevkov
Členom od Nov 21, 2011
1718 príspevkov
May 15, 2015 at 16:35
Členom od Nov 21, 2011
1718 príspevkov
Only 2 trades triggered by news this week and both closed at breakeven... bad news for my strategy.
Členom od May 14, 2015
9 príspevkov
May 16, 2015 at 10:18
Členom od May 14, 2015
9 príspevkov
can someone explain to me how the bond market affects the currency market? Thanks.
Členom od Mar 26, 2015
2 príspevkov
May 16, 2015 at 10:20
Členom od Mar 26, 2015
2 príspevkov
yep! I made crazy money on GBP election with straddles one got bounced out but I think there was 2000 pip potential on all GBP CROSSES within 1 Hour+ full retracement in a couple days perfect fibonacci abcd which I missed judged poorly. give the entry some fir initial opposite bounce room and let it rip. Almost all economic news is leaked without effect being more of an efficient market hypothesis. Often keep a rolling straddle on whenever there is any potential for random craziness, well thats always. IM OFF TO IMPLEMENT ONE. its all temporary and always retraces I hear. PANIC EMOTION - not fundamental
Carry it in your Heart
Členom od May 14, 2015
55 príspevkov
May 17, 2015 at 06:46
Členom od May 14, 2015
55 príspevkov
what news could give good profit?
be wealth
Členom od Nov 21, 2011
1718 príspevkov
May 17, 2015 at 11:08
Členom od Nov 21, 2011
1718 príspevkov
extra4x posted:
what news could give good profit?
I think there is a way to trade NFP... So this strategy is only activated once a month... It takes time to test.
Otherwise you can trade any high impact news... we never know how intense will be the price movement.
Členom od May 10, 2015
2 príspevkov
May 17, 2015 at 12:49
Členom od May 10, 2015
2 príspevkov
High impact news, like NFP, CPI, Retails sales, just check news calender. I traded mainly straddle, but at the moment is it impossible to find broker who gives me good fill and low slippage.
Členom od Nov 21, 2011
1718 príspevkov
May 17, 2015 at 13:16
Členom od Nov 21, 2011
1718 príspevkov
bergax posted:Don't bother to look for... they all play the low liquidy provider game to widen spread so any straddle strategy is useless.
High impact news, like NFP, CPI, Retails sales, just check news calender. I traded mainly straddle, but at the moment is it impossible to find broker who gives me good fill and low slippage.
Členom od Sep 20, 2014
365 príspevkov
May 18, 2015 at 06:54
Členom od Sep 20, 2014
365 príspevkov
Well actually, if there is any move on news it happens a bit after any news release when the knee jerking is over and the market had time to digest it, especially if it's something that's fundamentally earth shattering and you're in for a big fundamental move. Can take up to 15 minutes to get going.
Wait till spreads return to normal and then straddle the highs and lows of the knee jerks.
NFP has been useless for years now. I call it a dead fish event. Flip-flop. Flip-flop. Dead. I can't even remember last time NFP resulted in a move and normally by the time it comes out I'm drinking ice cold beer somewhere (SE Asian time zone). Not even worth watching it.
Wait till spreads return to normal and then straddle the highs and lows of the knee jerks.
NFP has been useless for years now. I call it a dead fish event. Flip-flop. Flip-flop. Dead. I can't even remember last time NFP resulted in a move and normally by the time it comes out I'm drinking ice cold beer somewhere (SE Asian time zone). Not even worth watching it.
Členom od Nov 21, 2011
1718 príspevkov
May 18, 2015 at 07:58
(upravené May 18, 2015 at 07:59)
Členom od Nov 21, 2011
1718 príspevkov
theHand posted:
NFP has been useless for years now. I call it a dead fish event. Flip-flop. Flip-flop. Dead. I can't even remember last time NFP resulted in a move and normally by the time it comes out I'm drinking ice cold beer somewhere (SE Asian time zone). Not even worth watching it.
The way NFP moves is kinda similar most of the time, so indeed, Straddle doesn't look suitable for this... but the strategy I have coded should work. It would have worked for the last one in April... I backtested it, now I'm waitingend of May to check this out.
Členom od Sep 20, 2014
365 príspevkov
May 19, 2015 at 07:05
Členom od Sep 20, 2014
365 príspevkov
@CrazyTrader
Meanwhile at least 500 0000 - 1 000 000 ticks/value changes a day slip by....why spend your time and energy on something that happens once a month for a few minutes ?
It be much more productive to try write something that can work all those value changes. Just saying...
Meanwhile at least 500 0000 - 1 000 000 ticks/value changes a day slip by....why spend your time and energy on something that happens once a month for a few minutes ?
It be much more productive to try write something that can work all those value changes. Just saying...
Členom od Nov 21, 2011
1718 príspevkov
May 19, 2015 at 07:21
Členom od Nov 21, 2011
1718 príspevkov
theHand posted:
@CrazyTrader
Meanwhile at least 500 0000 - 1 000 000 ticks/value changes a day slip by....why spend your time and energy on something that happens once a month for a few minutes ?
It be much more productive to try write something that can work all those value changes. Just saying...
Well you are right, I coded this strategy on 1 afternoon, so if the strategy works only sometimes but for years, i reckon it worthes to code it.
Today, I'm very pleased to see that the strategy worked on NZD news while I was sleeping.
50 pips on GBPNZD and same on EURNZD
Členom od Sep 20, 2014
365 príspevkov
Členom od Oct 02, 2014
909 príspevkov
May 27, 2015 at 15:49
Členom od Oct 02, 2014
909 príspevkov
I'm not a fan of News trading.
Positivity
Členom od Nov 21, 2011
1718 príspevkov
May 27, 2015 at 17:36
Členom od Nov 21, 2011
1718 príspevkov
forex_trader_29148
Členom od Feb 11, 2011
1916 príspevkov
Členom od May 14, 2015
55 príspevkov
May 28, 2015 at 07:10
Členom od May 14, 2015
55 príspevkov
what news for tomorrow friday trading will affect the market? is the market for usd will goes strong further?
be wealth
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