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Post# of 42555
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Alias Born 11/15/2005

Re: livin1492 post# 3517

Saturday, 05/06/2006 1:01:47 AM

Saturday, May 06, 2006 1:01:47 AM

Post# of 42555
Easy!
2 minutes before news setup a sell and a buy 10 pips above/below the realtime price. If it tumbles down .... give it 2 minutes then cancel your buy and ride the sell. If it goes up do the inverse.

Be careful of the head fake! Wait 2 minutes or whatever you think is a good time period before you cancel your OTHER order.

Of course you ALWAYS have to put a stop loss on both. I usually put a 30 pip stop loss just incase the head fake is dramatic.

You absolutely need to babysit the news release so you can cancel your OTHER order.

Works like a charm every time.

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