News Straddling (Part VI)

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August 30, 2009

by Ahmad Hassam News straddling strategy depends on the use of a stop-limit order. A stop-limit order is basically an order that becomes a limit order once the currency reaches the designated stop price. At the specific price the stop-limit order becomes a limit order. The stop-limit order will instruct the broker to buy or sell at the specific price only when the specified stop price has been reached. The main advantage of using the stop-limit order is that the trader can decide ahead of ti
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