Recent content by Lee Saunders

I noticed that as well. Maybe the professional traders closed or reduced their short positions prior to the release. That might have created the pre-release spike. That pre-release spike took out my trade, but foolishly I tried to fade it, leaving me exposed to the much bigger news release spike.

I think one of the problems is that there is very little in the way of regulation. Anyone can set up a FOREX scam brokerage outside of the USA and other 'regulated' areas such as the UK (regulated by the FSA), I believe. I trade with and wholly recommend FXCM which is US and UK based (good...

Where are the optimal deviation figures? Hello FPA team and forum members, Does anyone know where the optimal deviation figures can be found for the major news releases? Thanks, Lee.