Hi traders i will use a straddle strategy setup (on the chart) to trade the cable tomorrow.
However the setup has some specific rules to enter: 1. order will be in the broker system a few minutes before the UK elections results 2. This setup will not be used during the normal London trading hours A buy stop order will be used to get long and a sell stop order will be used to get short. Also this will be an OCO order -- High volatily expected so assume your own risk and manage your portfolio accordingly to your trading plan rules. *** 3 targets for both sides Entry for short: 1.2893 Entry for long: 1.2980 targets on the chart