quote Hi Japapa77 I do not straddle the PMI Manufacturing news,because this is the very first high impact news for GBP this year and it's not a mark mover news,but when we get an important deviation that is -2.5 I'll exchange it manually,just follow the spike wait for retracement 20% or 30 percent to open your place and make profit 20 pip,if you still want to straddle used low volume,PMI Manufacturing poll 52.8 prior 52.7 deviation -2.5 (GBP/USD buy if 55.3,sell if 50.3)make profit 20 pip. For long term trader is very good to Long/Buy GBP/USD in 1.4550,1.4560,14570(monthly...
How can you step the 20/30 percent retrace ment?