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Old 03-14-2007, 01:40 PM
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Yes, SL will protect you. But the loss can go higher from specified stop.

I set SL and TP around 80 pips from the price for high impact news, 50 pips away for medium impact, and 30 pips away for low impact. And you enter the order exactly 30 minutes before news release.
Last edited by scorpion : 03-14-2007 at 01:43 PM.
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