Trading around high-impact economic events like NFP, CPI, and interest rate decisions. News events cause extreme volatility, wide spreads, and significant slippage. FTMO prohibits trading within 2 min
Trading around high-impact economic events like NFP, CPI, and interest rate decisions. News events cause extreme volatility, wide spreads, and significant slippage. FTMO prohibits trading within 2 minutes of high-impact news. Most other firms allow it but the risk is higher. Check your specific firm's news trading policy before relying on a news-based strategy.