Quote:
Originally Posted by Libros
buangcla,
i had this idea in the beginning i trade forex.
but, as far as i know many broker didn't allow us place pending order during news. especially on mt broker. so is it only can be success on demo account?
but i've heard someone placing this with instant execution and successfull.
so maybe EA can work better than us.
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Thanks for your opinion Libros,
I asked my broker IBFX about this and they said that it is ok. Maybe other brokers don't allow it but my broker did. I think you can use EA if you are not around at the time of the news release, but i still prefer to use an EA because you just set the parameters and that's it.
I don't usually do this using instant execution because trades like that during news release is very risky.
