[shadow]

Alright, usually before some big news is coming out, the price will be erratic right. so at this time it'll move back and forth. Just leave your position in and when it moves up a bit sell in a separate order. That way, you one order cancel's out the other, so even though you make pips on one, you lose the exact same on the opposite one. Thus, no lost pips. You don't even have wait for right before the news comes out because you don't lose anything on the hedged position, only the spread, which you can make back if you take it out at break even if it comes back. It depends if you have the balls though (I sure don't) to enter when the price is quite jittery, some people can't pull the trigger. So I usually enter a little while before.