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Replies to #5612 on FOREX TRADERS
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ultimatepick

12/20/06 1:38 PM

#5614 RE: CPTMatt #5612

I straddled the CPI announcement last Friday and forex.com slipped me 40 PIPS!. DO NOT STRADDLE! EVER! Is that clear private?
LOL!
Seriously though ... thank the lord I did not bet big on that one. I learned my lesson. Unless you have a big stop loss 100-200 pips to ride or you have bloomberg then stay out of any trades during volatile news releases.

Good luck!
Ultimatepick