High-impact news events can cause sharp price movements and increased slippage. While news trading is allowed, certain restrictions apply to ensure fair trading conditions:
- No new positions may be opened within 5 minutes before or after a high-impact news event.
- Bracket strategies (placing both BUY STOP and SELL STOP orders around a news event) remain strictly prohibited.
- Holding existing trades during news events is permitted.
Example:
For a U.S. CPI announcement at 15:30 GMT+2, no new orders should be opened between 15:25 – 15:35.
Important Note:
Profits from trades that violate these timing restrictions will be removed and will not count toward your target. Any losses incurred from such trades will remain the trader’s responsibility.
