The basic concept behind the StraddleTrader Pro is to enter a Buy stop and Sell stop order as close to the release of a major news announcement as possible, preferably with a second or less to go before the announcement. This is a simple concept with StraddleTrader Pro, but obviously timing is very important.
Without the right software like StraddleTrader Pro, it is impossible to time these big moves because it all happens so fast. Stop-Order is the key to the system. A stop order is nothing more than a pending market order, placed at some distance above and/or below the current price of a particular pair and that will be changed to a live order if the pair moves up or down far enough to hit the order entry price. >>> Read Full Review