A problem that I came across is the precise filling of orders. You do not allways get the price that you based your calcs on and that can kill an account in no time.

Another approach may be as follows: Open a long and short position at the same price, but with a tight SL - say 10 pips. You are then in the market both ways. If the price moves, you are already filled and not at the mercy of some broker, who widens spreads at news time. If either stoploss gets taken out, the other trade will go on into profit.

What do you think?


Cheers

L