Hi, I think the answer must be somewhere in the forums but it is a lot of work to wade through all those posts a simple question... so hopefully someone can help.
I remember reading that FXCM is pretty good about executing the stops during news. I realize people are saying don't trade with FXCM but I would like to know the answer to this question.
So if the price is 1.900 on GBP and I have a trade set prior to NFP with a stop at 1.8990 and the news goes pro USD then will it get executed at 1.8990 or somewhat close to that? or will it be way off at 1.8950 or something like that?
I remember reading that FXCM is pretty good about executing the stops during news. I realize people are saying don't trade with FXCM but I would like to know the answer to this question.
So if the price is 1.900 on GBP and I have a trade set prior to NFP with a stop at 1.8990 and the news goes pro USD then will it get executed at 1.8990 or somewhat close to that? or will it be way off at 1.8950 or something like that?