Technical Analysis Reports wrote an interesting post today on
Here’s a quick excerpt
STRADDLE  EUR/USD Nice STRADDLE Set-Up for EUR/USD Place 2 seperate limit orders simultaneously. First order is for buy only, with a stop and limit provided. Second order is for sell only, with a stop and limit provided. Only one order will be executed.  Make sure to cancel the other order once you see that the other is executed. ORDER #1 - LONG EUR/USD BUY @ 1.5599 STOP @ 1.5569 LIMIT @ 1.5609 ORDER #2 SHORT EUR/USD SELL @ 1.5539 STOP @ 1.5569 LIMIT @ 1.5529 For more information ho

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