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Old 04-08-2007, 03:47 AM
jimbo61 jimbo61 is offline
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Well I went with the chart stating that I should be long 30 min before the release. I was in (GBP/$), but as insurance I set up a straddle on the Eur/$ to make a play 12 pips above and below the price with 15 sec. to go.
Went negative on the GBP, so i manually closed it for a $30 loss. But my straddle was hit and made a nice $120 profit..
I think I will stick to the straddles, instaed betting one direction or the other.
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