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Originally Posted by yaroslavg Hi, yes the system is working in real time trading on real account for more than 9 months.
On the NFP I usually earn from 30 to 140 pips. The strategy based on the setting two (or four) opposite orders in advance before news out with small range of stop. Every values are calculating automatically. You don't need to do anything - ony put NewsTrader on the chart! Trailing stop will protect the profit, and stop will protect from big losing.
Regards, Yaroslav. |
I think the system must have som problems:
1. Just before big news we almost always see some stop hunting.
2. We also often see whip-saws.
3. You can enter orders by hand before the news - and you can trail the move with a mental stop: So why do you need to buy a system and change broker?
4. You can use options (spread) instead. (Read the postings from jasperforex about this method).