Are you looking for the best Straddle Trader Pro Bonus? There are many people out there offering a bonus for the Forex trading software program but this is the best one you will find.
========
Strategy in a Nutshell
The basic concept behind the StraddleTrader is to enter a Buy stop and Sell stop order as close to the release of a major news announcement as possible, preferably with a second or less to go before the announcement. This is a simple concept, but obviously timing is very important. Without the right software, it is impossible to time these big moves because it all happens so fast.
A stop order is nothing more than a pending market order, placed at some distance above and/or below the current price of a particular pair and that will be changed to a live order if the pair moves up or down far enough to hit the order entry price. The order will be taken in as a Buy if the market price moves up enough to hit its entry price. Or the order will be taken in as a Sell if the market moves down far enough to hit its entry price.
The StraddleTrader software places both a Buy stop and a Sell stop a close distance away from the current price of the pair. The orders are placed as close to the release time of a major news event as possible to reduce the likelihood that normal pre-news market movement will cause one of the orders to become a live order before the news announcement is released. How close the orders are placed to the news event is in the users control with settable parameters built into the software.
