Hi Chookie agree totally and the big problem is that in this...

Hi Chookie agree totally and the big problem is that in this sort of market can generally only get filled when wrong.

Then it can run 60 to 100 pips before able to get out again. and thats if panic doesn't have the trader adding to the posistion instead of closing it, compounding the loss.

I can clearly remember the not so good feeling of pre empting a news release not as important as this a few years ago.

Not a good feeling realising I was wrong and not able to get out. Wrong for 2 reasons- wrong side of the trade and shouldn't trade the news for at least 1 hour.