CrazyTrader
(CrazyTrader)
Member Since Nov 21, 2011
1718 posts
Jul 04 2014 at 12:39
Dear traders,
I have browsed quickly about straddle strategy to take advantage about Fx news.
Most of the topics on forums are very old.
Does Straddle is a forgotten Fx tactic?
Anyone is still straddling news manually or semi auto like with Amazing_EA or anything?
Advantages Vs Drawbacks?
Please share your experience : )
Cheers
CrazyTrader
I have browsed quickly about straddle strategy to take advantage about Fx news.
Most of the topics on forums are very old.
Does Straddle is a forgotten Fx tactic?
Anyone is still straddling news manually or semi auto like with Amazing_EA or anything?
Advantages Vs Drawbacks?
Please share your experience : )
Cheers
CrazyTrader
Enjoy trading!
CrazyTrader
(CrazyTrader)
Member Since Nov 21, 2011
1718 posts
Jul 04 2014 at 23:53
I only found this here:
https://www.myfxbook.com/community/programming/need-good-ea-that-work/388500,1
https://www.myfxbook.com/community/programming/need-good-ea-that-work/388500,1
Enjoy trading!
CrazyTrader posted:
Dear traders,
I have browsed quickly about straddle strategy to take advantage about Fx news.
Most of the topics on forums are very old.
Does Straddle is a forgotten Fx tactic?
Anyone is still straddling news manually or semi auto like with Amazing_EA or anything?
Advantages Vs Drawbacks?
Please share your experience : )
Cheers
CrazyTrader
Do you know any case of trading news with consistent gains?
CrazyTrader
(CrazyTrader)
Member Since Nov 21, 2011
1718 posts
Jul 06 2014 at 15:35
bewayopa posted:
Do you know any case of trading news with consistent gains?
This is exactly the point I want to find out.
If someone was straddling news... why did he stop?
Enjoy trading!
ahuruglica
(ahuruglica)
Member Since Jun 28, 2013
852 posts
Jul 07 2014 at 17:28
There are many issues trading news, broker freezes the platform, spread widens, price slippage, etc which makes trading news very hard to be profitable on the long run.
I trade news only when price corrects and expectations are for trend to continue. Sometimes after the news price make false move only after a while to continue with the trend.
I trade news only when price corrects and expectations are for trend to continue. Sometimes after the news price make false move only after a while to continue with the trend.
CrazyTrader
(CrazyTrader)
Member Since Nov 21, 2011
1718 posts
Jul 07 2014 at 18:10
ahuruglica posted:
There are many issues trading news, broker freezes the platform, spread widens, price slippage, etc which makes trading news very hard to be profitable on the long run.
Brokers freezes the platform:
=> This can be avoided with reliable brokers.
Spread widens:
=> This can be minimized with reliable brokers but we still may suffer from it.
Price slippage:
=> Not much we can do.
According to me, the main problem is 'Spread widening'. Let's focus on this point and then trading news could be easier.
Enjoy trading!
ahuruglica
(ahuruglica)
Member Since Jun 28, 2013
852 posts
Jul 07 2014 at 20:03
I think trading news was screwed up by HFT and quantitative computing. No one can read news and make trading decision than an hft algo. If anyone thinks that his MT4 platform works as HFT and is fast enough, he is wrong.
In a sense, manually trading news is like being a sheep in front of wolves.
In a sense, manually trading news is like being a sheep in front of wolves.
CrazyTrader
(CrazyTrader)
Member Since Nov 21, 2011
1718 posts
Jul 07 2014 at 20:59
ahuruglica posted:
I think trading news was screwed up by HFT and quantitative computing. No one can read news and make trading decision than an hft algo. If anyone thinks that his MT4 platform works as HFT and is fast enough, he is wrong.
In a sense, manually trading news is like being a sheep in front of wolves.
Dear friend,
Will you kindly give me the chance to show you it's possible.
In fact, I build a quick Straddle EA and I added the french touch to it : )
In other words, I guess this new idea could trick market.... I must give it a go!
=> All I need: a fresh news... (currently in test on EURUSD and GBPUSD)
Enjoy trading!
ahuruglica
(ahuruglica)
Member Since Jun 28, 2013
852 posts
Jul 08 2014 at 05:11
With all my pleasure. Because of price slippage and spread widening the strategy should be tested on a real account. Testing it on a demo should give very different results than on real. Small account, but real.