There are 2 other ways [that I know] to trade through an announcement if you have a position in the market: 1. Remove your Stop Loss order, but keep your Limit Order. 2. Remove your Stop Loss and Limit Orders, and place a [Force Open] Hedging Order at your Stop Loss Level [in the opposite direction to your position]. Remove the Hedge Order 'when the dust settles', and you are absolutely certain of the market direction. If the trend reverses, keep the Hedge Order and close the original Order.
[I will remove my Stop Loss Order, and keep my Limit order before FOMC ann.] Long AU at 9977, Limit 1.0075] Cheers, U2
AUD Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
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