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Thanks Nina for sharing this file, but I think the straddle used in this file can't work on Marketiva because GBP/USD spread during the news released always >= 15 pips. Even on the NFP news released, the spread of GBP/USD could reach 30 pips!!
Quote:
Originally Posted by nina
Hi!!
As I think there are a lot of mates interested in trading news realeases, here you are:
Hi Nina,
I took a GBP/USD Buy signal on CatFX50 at 09.30 CET yesterday at price 1.9343, S/L at 1.9302 (previous bar low, according to your article of "Stop Loss and Money Management") ) but this position close in Loss at 14.25 CET. It's very unfortunate for me because after 14.30 CET till now the price go up to a high at 1.9415 ? How can we determine this stop loss exactly? Please give some guides.
Hi Nina,
I took a GBP/USD Buy signal on CatFX50 at 09.30 CET yesterday at price 1.9343, S/L at 1.9302 (previous bar low, according to your article of "Stop Loss and Money Management") ) but this position close in Loss at 14.25 CET. It's very unfortunate for me because after 14.30 CET till now the price go up to a high at 1.9415 ? How can we determine this stop loss exactly? Please give some guides.
Thanks!
Rgds,
Pierre
Hi!!
You did what you should. You placed a "logic" stop. Too big for me, but you did it right. Think that price went to 1,9280, so 63 pips down!!!
When I have 15, I use to protect or I do not let price go below EMA50 again.
Till 16:00cet, yesterday was a tough day.
BTW, the entry for me was at 1,9338 (Alpari) with stop right below EMA50 at 1,9327.
__________________ Nina
We must fight on the winning side, not on the side we may believe to be correct.
"Anybody know where can I get the aNina_v1 with alert for the green and red arrow once they appear. Thanks."
Download the zip file on the first page, it is in there.
Thanks for the reply homestudy ... but I can't find any "Alert" in that particular file. Do you have the file with the pop-up alert? If so .. can you help to post it here. Thanks.