The Core Rule Yes, you can trade during news events. However, there is a strict restriction around high-impact news: You cannot open a new position on affected instruments within 2 minutes before and 2 minutes after the release.
Outside of this 4-minute window, trading around news is fully permitted.
What happens to existing open positions? If you already have a position open before the 4-minute window begins, it is unaffected. Your open trades will continue running, and any pre-set Take Profit (TP) or Stop Loss (SL) instructions will execute with no restrictions.
Why does this restriction exist? During major releases, prices can gap severely and data feeds can briefly behave unpredictably. This 4-minute restriction prevents strategies that attempt to exploit momentary feed latency and event spikes (latency arbitrage) rather than genuine market reading.
Example: USD High-Impact News (e.g., NFP, CPI, Federal Funds Rate) The restriction only applies to instruments directly tied to the specific news release.
Restricted: During a high-impact USD release, you cannot open new positions on any forex pair containing USD, Gold, or US indices (US30, US100, US500, US2000) during the 4-minute window.
Allowed: You may continue trading completely unrelated pairs—like EUR/GBP or AUD/NZD—normally, as they are not directly affected by the USD announcement.
💡 Need the exact list? You can find all scheduled events and their correlated affected instruments in our detailed article here: [Insert Link]
Related articles What are P1’s trading rules and prohibited practices?