Comments on: Best way to trade Bernanke speech is with no fixed position https://fxww.com/best-way-to-trade-bernanke-speech-is-with-no-fixed-position/ The Professional Source Wed, 17 Jul 2013 11:54:33 +0000 hourly 1 By: Jack https://fxww.com/best-way-to-trade-bernanke-speech-is-with-no-fixed-position/#comment-24897 Wed, 17 Jul 2013 11:54:33 +0000 http://381c099c8f.nxcli.net/?p=9545#comment-24897 Yeah I think I will wait for the dust to settle tonight and follow the market after that.

]]> By: Sean Lee https://fxww.com/best-way-to-trade-bernanke-speech-is-with-no-fixed-position/#comment-24885 Wed, 17 Jul 2013 08:09:40 +0000 http://381c099c8f.nxcli.net/?p=9545#comment-24885 Jack, you will find that most pro traders stay out of these ‘lottery’ events, its just not worth the risk

]]> By: Jack https://fxww.com/best-way-to-trade-bernanke-speech-is-with-no-fixed-position/#comment-24883 Wed, 17 Jul 2013 07:48:13 +0000 http://381c099c8f.nxcli.net/?p=9545#comment-24883 Thanks Sean.

]]> By: Sean Lee https://fxww.com/best-way-to-trade-bernanke-speech-is-with-no-fixed-position/#comment-24882 Wed, 17 Jul 2013 07:42:33 +0000 http://381c099c8f.nxcli.net/?p=9545#comment-24882 Don’t like the straddle idea Jack. Either EUR/USD or USD/JPY are best to trade in volatile mkts as liquidity is usually decent.
It’s unlikely that you will get ‘retirement’ rich on these types of trading days but I’ve known plenty to go nearly broke. Don’t think it’s worthwhile trading apart from smalls perhaps just to have an interest.

]]> By: Jack https://fxww.com/best-way-to-trade-bernanke-speech-is-with-no-fixed-position/#comment-24881 Wed, 17 Jul 2013 07:39:06 +0000 http://381c099c8f.nxcli.net/?p=9545#comment-24881 Hi Sean,

You’re updates are becoming a staple in my trading regime, thanks for the daily insight. It’s a very open ended question but what pair do you think provides the best opportunity for tonights text/speech? You think the Euro? Is a straddle a bad idea considering the potential for whipsaws?

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