News trading is allowed except for bracket strategies around news.
Bracketing is when you are adding both BUY STOP & SELL STOP at the same time in the news. Meaning if 1 side is hit then you entered in and when the other is hit then you are also entering the market.
For High Stakes: Holding open trades over the news is allowed on all of our programs, but we do have some limitations on orders being executed during the news. Executing orders 2 minutes before until 2 minutes after high-impact news is prohibited.
Any profits made at this time will be deducted from the account and won't go towards your target. Losses will be absorbed by you.
You can't have a new order being executed between 15:28 - 15:32
Why? Because given the speed and slippage of the movements during high-impact news, these kinds of trades do not make money in the real market, although you may see a profit on your side.
If you are treating the account as a GET RICH QUICK account then you will need to watch that rule as we will terminate accounts that are being reckless