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John_3_16 · January 10, 2008, 3:19pm

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.

daydreamer65 · January 10, 2008, 5:13pm

Read this.

Straddle - Wikipedia, the free encyclopedia

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

0800 GMT = 0300 EST.

John_3_16 · January 11, 2008, 12:05am

daydreamer65

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

ForexNinja · January 11, 2008, 12:35am

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.

John_3_16 · January 11, 2008, 1:51am

Hi Forex Ninja thanks 4 ur response

bernbeach · January 11, 2008, 8:32am

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…???