After you activate the pending order is completed. Monitor continues to chart ahead of news out until 2 minutes after the news came out. There are 2 possibilities:1) If the market moved quickly after the news was announced it is normally one of the two orders will be executed. Once one of the orders are executed, IMMEDIATELY WITHOUT cancel another order waiting to see if you have an open position profit.
There are 2 possibilities:
A. TARGET you will be exposed to and profit in less than 1 minute after the announcement (for example, U.S. news came out at 20:30, then usually not until 20:31 of the second order one would be touched or even profit).
B. TARGET you are not yet affected but those of you who executed the position was still open. If the distance hi low before the news was 100, then you should close even though your profit / loss less or a maximum wait until up to 1 minute. But when the daily low hi before the news was announced is still below 70 points (ideal) then you can leave to a maximum of 2 minutes. (For those of you who understand the fundamental news, it's best if you can find out the results of actual news, if the difference between actual and forecast results news big enough then you can wait up to 2 minutes or even more because of the possibility prices will keep moving)
Once the order is touched by one, wait until 1 or 2 minutes. When in 1 or 2 minutes have not touched the target, then you can manually close
Especially for Non-Farm Payroll unnecessary dicancel after one touched because if you buy a position turned the loss because the price was not long before you sell the position will profit, so at least your loss can be minimized.
2) If the market is moving slowly or not moving and the two orders are not touched until 1 minute after the news was announced, immediately cancel both.
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