Managing Open Positions Before Economic News Releases

If you have active trades during a high-impact news event, TradeShields will:

1. Automatically close positions 30 minutes before the news.
2. Pause trading during the event to prevent re-entry.

Steps:

1. Enable the desired region(s) under Economic News Filters.
2. TradeShields will monitor the news schedule and act accordingly.

Example:

• You have a trade open in EUR/USD. Thirty minutes before an ECB rate decision, TradeShields closes the trade to avoid potential market turbulence.

Tips:

• Consider slightly wider stop losses if news filters are disabled but news impact is anticipated.