Do you think it's possible to take a spike trade manually ? Can we may be fast enought ? If yes, with which broker ? - Forex Questions and Answers - FXAnswer

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Do you think it's possible to take a spike trade manually ? Can we may be fast enought ? If yes, with which broker ?

if we already have:
high speed news release and one sell/buy button
I'm looking for a broker with no spread increase and minimum slippage

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In Forex Strategies
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- aladin
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1 year ago

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spike

trading

manual

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0 Votes Yes on a spike it is possible to trade manually, the problem is the execution. At that time there is a lot of orders being processed, spreads widening, which makes it difficult to get the desired price. In my opinion most brokers are very good with the execution of the market orders, I personally use FXCM. But a warning to those chasing the movement on news spikes without considering their risk reward ratio on the trade. by Moderator 1 year ago by Moderator 1 year ago

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Yes on a spike it is possible to trade manually, the problem is the execution. At that time there is a lot of orders being processed, spreads widening, which makes it difficult to get the desired price. In my opinion most brokers are very good with the execution of the market orders, I personally use FXCM. But a warning to those chasing the movement on news spikes without considering their risk reward ratio on the trade.