We have started turning off some strategies and bots on currency pairs. The Board of Governors of the Federal Reserve meet this week and it appears a lot of eyes are interested in this one. Markets went a bit crazy on Friday and Monday in forex and share markets.
Our bots had it under control but news from this meeting could make some big movements occur so better to just sit it out. Let the news flow through and than start to trade again once it calms down again. Some pairs are still trading so once they have closed in profit we will turn the bots off.
If pairs are still open when the meeting takes place it should have little impact as the majority of the pairs will be turned off.
January is always a messy month for trading as not everyone is back at work, public holidays, digesting news over the break, first meetings of the new year etc.
Any queries, please do not hesitate to reach out.
