Avoiding News by Region
TradeShields lets you avoid trading during high-impact news events for specific regions:
- USA
- UK and Europe
- Asia
- Australia and New Zealand
How to configure:
- Navigate to Economic News Filters.
- Toggle the checkboxes for the regions you want to avoid.
- TradeShields will:
- Disable trading 30 minutes before and 15 minutes after news events.
- Automatically close open trades 30 minutes before news begins.
Example:
- If you’re trading EUR/USD, select USA and UK and Europe to avoid news from both regions.
- If you’re trading gold (XAU/USD), select USA to avoid U.S. economic data releases.
Tips:
- Check an economic calendar regularly to stay aware of high-impact news.
- Use region-specific filters to fine-tune your strategy for different instruments.