Probably not, but you will soon because these guys just teamed up to publish a short article revealing insider FOREX tactics, putting traders around the world in shock because now market direction is totally irrelevant!
You can read what they published at the link if the servers aren’t overloaded from the rush of traffic:
I was grinning from ear to ear when I read it, because it just makes SO MUCH SENSE, and I think you’ll like it too. In fact, everyone who I have shared the article with so far has enthusiastically said that they were going to give it a shot!
Go read the article here:
This will have particular appeal if you have very little time available to trade. Most of their trades are 20 seconds or less, but commonly yield 20-200 pips! Yeah, you read that right!…
Straddle Trader Pro is a new product offered by Dustin Pass and his team at Forex Traders Daily.
The Straddle Trader Pro system
was created as a solution to the typical problems that straddle trading presents as described in Straddle Trading Basics.
Often, news traders are kept from getting into trades during high volatility and fast moving markets with re-quotes. Re-quotes happen when the price of a currency pair is moving so fast that the broker has a difficult time clearing the trades with their bank.
With the Straddle Trader pro orders are placed prior to market volatility reducing the possibility of getting a re-quote.
The news traders are also looking for deviation from the forecasted release data. If it is the deviation is too small it may not trigger other trading software used for news trading. However, with the Straddle Trader Pro system it doesn’t really matter if the deviation is large or small as long as the market reacts to it.
If the chart spikes, the straddle trades are entered. Sometimes it is not the current release that causes the spike but the revision of the last release. In that case, the Straddle Traders only need a reaction to occur in the charts and are not relying on a trigger to be hit.
On some occasions, the market moves before the data is released, in which case a spike may be seen before the actual data is released. This could happen because the news gets leaked. If so, the
is designed to keep the trade out of the news release if the spike hits before the trades are actually entered into the broker platform. And news, released before the data provider receives it can sometimes also cause market reactions before the scheduled release times.