View Whole Thread
Thread: Make Easy Pips With Economic Calendar
View Single Post
  #6 (permalink)  
Old 03-14-2007, 01:40 PM
scorpion's Avatar
scorpion scorpion is online now
Administrator
  
Join Date: Aug 2004
Posts: 1,957
Thanks: 112
Thanked 372 Times in 149 Posts
scorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to behold
Send a message via MSN to scorpion Send a message via Yahoo to scorpion
Default
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.
Reply With Quote
Read Full Version of This Topic!

Registered members have access to special online forex currency trading tools, software, mt4 expert advisors and indicators. Register now

Main Menu

Economic Forecast

Embed In Your Website View All Forex Forecasts