Big news and requotes | Myfxbook에 의한 Forex 포럼

Malajind

Aug 07, 2020 부터 멤버 게시물71

Feb 09, 2021 at 12:50

Aug 07, 2020 부터 멤버 게시물71

It doesn’t seem like there really should be a way, but it’s probably necessary to hand over those who have already used something similar.

LeviSievwright5

Jul 20, 2020 부터 멤버 게시물286

Feb 12, 2021 at 18:03

Jul 20, 2020 부터 멤버 게시물286

I refrain from trading when there is high impact news. After the news is published, I work on the effect of that news.

cardigan

Jul 27, 2020 부터 멤버 게시물99

Feb 15, 2021 at 11:03

Jul 27, 2020 부터 멤버 게시물99

LeviSievwright5 posted:
I refrain from trading when there is high impact news. After the news is published, I work on the effect of that news.

Same here.
Sometimes when the high impact has a chance of positive reading, then I do trade to make profit, but for most of the time, it is unexpected.

stevenflam

Oct 07, 2020 부터 멤버 게시물20

Feb 16, 2021 at 10:56

Oct 07, 2020 부터 멤버 게시물20

Also take-profit. It helps trading with certain targets, like stop-loss.

Harshalmark09

Nov 07, 2020 부터 멤버 게시물12

Feb 16, 2021 at 12:59

Nov 07, 2020 부터 멤버 게시물12

I am not sure requotes even occur anymore. Just avoid trading right before a big corporate announcement or news is expected and you won’t have to worry about much. Of course once a trader backs up trading with a whole lot of experience and knows how to make every volatile situation turn in his favour, then he can news trade for big profits. But for beginner or mid level traders I think it is better to refrain from engaging in news trading.

Harrylam887

Nov 06, 2020 부터 멤버 게시물15

Feb 17, 2021 at 05:12

Nov 06, 2020 부터 멤버 게시물15

Use ECN accounts. You won’t face any requotes problem. Market makers will mostly present such an issue because they make money out of their clients losses.

Joz8

Nov 19, 2020 부터 멤버 게시물96

Feb 17, 2021 at 05:13

Nov 19, 2020 부터 멤버 게시물96

Harrylam887 posted:
Use ECN accounts. You won’t face any requotes problem. Market makers will mostly present such an issue because they make money out of their clients losses.

Agreed, one has to make the right broker choice for avoiding such issues.

IvarHardy

Feb 13, 2021 부터 멤버 게시물9

Feb 20, 2021 at 10:43

Feb 13, 2021 부터 멤버 게시물9

Timing of entry and exit is very important especially for short term trader. Sometimes a 5 min late you can miss a very good entry. If it's not timely you may need to widen your stop loss. Also sometimes you need to close the trade timely.

LyudmilLukanov

Jul 23, 2020 부터 멤버 게시물816

Feb 27, 2021 at 17:28

Jul 23, 2020 부터 멤버 게시물816

forextrader777 posted:
We must think about these parameters while choosing our broker. If requotes are a regular issue with a broker, one must try switching to a better one.

Right. First try their services in demo account for safety. If it is good, you should invest money.

davidkew

Jun 23, 2020 부터 멤버 게시물32

Mar 04, 2021 at 11:06

Jun 23, 2020 부터 멤버 게시물32

I don’t think that the impact of news can be ignored completely. Whether you trade long-term or intraday, it’s true that your currency positions will be affected by the forex news. It’s important for every trader to monitor all the related news and make market decisions in accordance with that.

stevenflam

Oct 07, 2020 부터 멤버 게시물20

Mar 05, 2021 at 12:57

Oct 07, 2020 부터 멤버 게시물20

Requotes usually leave you with a price worse than the one you were previously quoted. In order to avoid price requotes, you can use stop loss and take profit to avoid the issue. And yes, regulated ECN brokers are always a great option to go for.

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