Holding Trades During News and Over the Weekend (Heard Breach)
We use Forex Factory as the official source for our news calendar, and you can also access our calendar directly through your account for added convenience. High-impact news are highlighted in red, but speeches may not always be marked the same way.
High-Impact News Events
You cannot open or hold positions during a 20-minute window surrounding a high-impact news event on affected currencies. This window spans 10 minutes before and 10 minutes after the event.
Exception
If a trade is opened at least 4 hours prior to the news event, profits from that trade will be counted, even if the trade is closed within the restricted window.
Trading Rule Clarification
- Trades Opened More Than 4 Hours Before the News: Profits will count if closed within the 10-minute window before the event.
- Trades Opened Less Than 4 Hours Before the News: Profits will not count if closed during the 10-minute window.
- Closing any partial orders will affect the entire order, leading to a flag for news trading.
- Traders are responsible for violations if deductions exceed the daily loss or maximum loss limit.
Note : Over the Weekend is not allow as per ForexFactory.com