The most important number that most traders and economists will be focusing on is the CPI headline year over year number, which is expected at around 2.8%, same as it was last month. Forex Slippage During News Citibank Singapore Forex Account Is Tickmill a Good Forex Broker. forex slippage during news report Read Real Reviews, By Traders, For Traders. Add Your Rating to the Largest Forex Review Database by Forex Peace Army. If the actual number is at 3.1% or higher, you would go long. Your stop loss order should be placed a few pips below the range low when buying, conversely, a stop loss order should be placed a few pips above the range high when selling.
When orders are executed, the corresponding securities are purchased or sold at the most favorable price available. Got hit with a 25 pip spread recently and that was rather unfair, I still made money on the trade but much less than what I should have got. To start viewing threads,select the forum that you want to visit from the selection below. Read about members in the Introduce Yourself forum, or make your way to Newbie Island.
Anyone have any suggestions on how to avoid slippage on news reports. I have made several trades in a practise account that have jumped around 20 pips from the current price to where I am actually filled. Slippage of 0 means if there is no trade available at that price, then there is no trade.I would suggest slippage less than normal spread for a news-based EA.
I also suggest you limit the EA to one trade attempt. Ignoredwhat Ronald said is very much true, last NFP result I actually made an error with the slippage and was wiped out on the short.trading news is very profitable but one has to be sooooo careful. be good. The FREE Daily Forex Bias this week was good for an easy pip trade. What we like to call one and done, unlike the prior week that did not perform as well.
Overall the FREE picks have been profitable 30 out of 3 week that is a 83% win rate so far this year.Now onto forex slippage during news report more important topic and one that every trader should pay attention to and that is slippage. Now traders never complain when slippage is in there favor and always throw a big temper tantrum when it goes against the.
During forex slippage report news