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Originally Posted by jajuski
Mick Mason could you recommend some forex brokers that will allow placing tight stop loss during news releases? thanks.
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Pretty much any mainstream broker I would think, FXCM, Oanda, CMC etc etc, give them a ring or email them and ask.
The thing about trading news/data is you need to accept the broker (marketmaker) will fill your order at a price which is available in the market, like you he has to protect himself against loss as well.
I doubt any broker will guarantee a stop in volatile market conditions such as news and data releases, expect slippage.
Sorry I can't be more specific, perhaps you would be better off speaking to dealers at a couple of brokers and asking why they do what they do.
Cheers
Mick