Help

Greetings to everyone in the house

Can somebody please explain to me what is Straddle Method and what time does the European Market opens (in EST time).

I appreciate all response.

Read this.

Straddle - Wikipedia, the free encyclopedia

what time does the European Market opens (in EST time).

0800 GMT = 0300 EST.

daydreamer65

Thank you for your response, i will go thru the link.

That link explains straddles when trading options.

The concept of straddling is similar in forex. Essentially if you’re not sure where price is headed, you put a buy and sell limit orders at the same time.

Hi Forex Ninja thanks 4 ur response

Hi,
I consider trading a straddle on the GBPUSD today at 2.15pm CET:
EURJPY: sale@6118 - stop: 6168 - pt: 6061
buy@6122 - sp: 6102 - pt: 6142
What do you think? Dilemma: when movement swing close 1 @ 6090: buy is out and then move up @ 6138: sale open loss @ -20 : confused:
How to solve this dilemma: two losses…???