Long Eur, Short Gbp Long ES, Short NQ, ratio 1:2 On both long & short sides, place 35 pips/ticks stop loss 75 pts profit trailing limit order Or is it better to scale out at various levels for stop loss and profit taking? Any other approaches to trade nfp? Have anybody figured out how to trigger a trailing order automatically only after in profit of say 75pts in IB? Which is better for news straddle? Currency futures or Spot Fx?
will the bigger move happen only at 8:30AM or when market opens and throughout the day from 9:30AM?...many times the market just fills the 8:30am news event gap...hmmm...
If you feel bolder, you should give thought to short-selling bond straddles in order to take advantage of the expected volatility decay. Take a flyer with it!