how to straddle the audusd cash rate news release

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Since the chairwoman bullocks remarks are a bit elusive. it appears a mixed msg. but the concern that services: transportation, mining, finance, global travel, etc are what they are uncomfortably high with. a straddle strategy maybe necessary to deploy. that yellow line is the last market miss low that it created in the aftermath. you could feeler short come sunday or stand by. the above price examples are based upon current price. come monday maybe it is higher than the yellow line or sideways to down into the event idk. the straddle works by placing them an hour and a half prior to release. if both entries are wicked and stopped. one will go eventually. -1+3 = 2:1 risk. high volatility coming in around that decision. thats a known.

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