IGindex - monster stops.
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  1. #1

    Default IGindex - monster stops.


    My first post - woohoo!

    Question -

    On friday I went to trade short on GBR/USD with a stop of 20 pips which is usually acceptable on IGindex.
    However, it required a minimum stop of 45 pips???!?!
    Was this because of the Non Farm Payroll data and the fact that they presumed it would be a day of high volatility.

    Cheeky buggers.

  2. #2
    Join Date
    Dec 2006
    Absolutely correct. I've used IG Index before for GBP/USD and placed a stop loss of 15 pips when the market is quiet. As you say, during periods of high volatility, the minimum stop loss jumps to 45 pips.

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