The way I trade the news is I use bollinger bands.
Long:
10 minutes before the new economic release I place an entry order 5 to 10 pips above the upper Bollinger bands
Short:
Same as above but place an entry order 5 to 10 pips below the lower Bollinger bands.
My stop is at the opposite bollinger band
Last edited by ForexNinja; 04-16-2007 at 01:00 AM.
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