Straddle Stop

Project Forex & Brokerage 5BKP24RS6NCR Straddle Stop

Straddle a stop is put to BUY and SELL Stop order Stop orders, about 30-60 seconds before the news was released with a distance of 10-15 pips from current price.
The goal is to catch up or down spikes that occur when news was released.
Straddle the stop in use if it is felt that the News Service that are used less rapid news release number so it is not possible for traders to take positions before the initial spike (initial spike) occurs.
Indeed there is a loss when we use this style, where traders can not obtain maximum benefit from the price spikes that occur.

However, with continuous practice, this style can provide consistent profits.
If you do not want to come out of capital for News Service subscription, you can use the following as a news service site2:

ForexFactory.com - access via a browser, perform continuous refreshes detik2 news released. Delay> 30 seconds of the initial spike.
http://news.efxnow.com/en/commentary/index.html - auto refresh browser. Delay> 30 seconds of the initial spike.
NewsStrike.com - Audio service, exclusively for U.S. News only and must install software to listen to the news - Delay> 3 seconds of the initial spike.

At least 100 pips per month or 5 pips per day is not difficult to obtain. You can just continue to increase the volume of transactions lot bit by bit to get a bigger profit.

Keep in mind that usually each broker has a different policy for STOP orders. STOP orders normally require that brokers be 10 pips away from current price (some are below it but rarely). Thus it is definitely missed 10 pips profit.
Not to mention the existence of spreads and also the possibility of slippage, then this style feels less profitable.

To do this stop straddle style should use a broker that allows us to straddle with ease. Brokers with MetaTrader platform is highly recommended.
With Metatrader who has the ability to execute the script and the shortcut button would greatly help us in straddle.
With Metatrader, do straddle News released 30 seconds before it is entirely possible to do.

For information, there is also news that does not require us to order or too fast pairs straddle, which is like the ISM Manufacturing News.
Movement of history, news is often cause early spike whipsawed. So we do not need too quickly into the market.
For news-news like this we just do the simple market order when the market clear direction and we can get a decent pips.