Whilst all front financial page news is about share markets, the forex market has experienced the same.
We are still unsure when we will turn the strategies back on as forex markets are still experiencing large movements.
Some of the bots on our strategies will refuse to trade due to the high volatility over the past week so settings prevent them for trading.
With tariff news continuing to change at short notice, this creates a lot of uncertainty in the markets and the reactions are large.
Whilst we like waves in the market, but these are tsunami waves.
To add to this Easter is occurring soon and traders will be out of the markets so if any large news events occur, it can cause currencies to react more they normally would due thin trading conditions.
Therefore, April will have very little trading occurring. It is too high risk whilst quick unexpected news re tariffs is released.
We will take this time to review our strategies, and we expect we will stop trading some strategies permanently whilst tariffs drive markets as risk is too high compared to the return.
It is best to keep your capital safe and ready to trade, then trying to trade conditions that are not favourable. Buffet has been harassed that he has sat on a large cash pile for 3 years and just collected interest. Now he is seen as a genius as waited for the right conditions to present. We will not be waiting 3 years.
Please do not hesitate to reach out if you have any queries.
