Forex Trading - Classic 00 Scalping

[BTrull]

Thanks for the reply; that makes sense. I only see the spread increase by 1 pip during big news releases, at most 2 pips

[bolytinus]

Hi Boris,

Kindly shed more light on this for me,when the US Durable figure come out weaker than expected, I believe this should affect the dollar which therefore makes dollar weak against the pound.Can this explain why there is a rally to the upside after the news in the GBPUSD. Thanks.

[BTrull]

Thanks Boris For news events trading on GFT's platform, I have found more success with the 3 minute candles for your BB setup and the News event trades. Not sure how GFT gives a better spread on the eur/gbp than the gbp/usd ?

[BKTraderFx]

GFT's dealing engine is one of the best in the world. It keeps spreads steady even during news eur/gbp is always tighter than gbp/usd itself because of lower volatility,