Prop Trading Restrictions
the following actions are Not permitted as a EnFoid Prop Trader
- Gap Trading, getting fills in Gaps
- Holding positions during closed markets (eg. Weekends)
ALL Markets that have a "Night-break", and weekends
Trading halts during midday or Rollover is fine - Scalping Major News (see below)
Conservative News trading is fine, but no order is allowed to be filled 5 minutes before and 5 minutes after major news.
see the list below for News that fall in this category
Upcoming Restricted Economic Events
EnFoid Prop Trader's, are not allowed to enter positions (Market, Limit or Stop) 5 Minutes before till 5 Minutes after each event!
| Event Name | Effected market | Date | previous | Forecast | |
|---|---|---|---|---|---|
| CPI m/m | CAD | 21. 8. 14:30 | Restricted Event | 0.1% | -0.2% |
| Crude Oil Inventories | Crude Oil | 21. 8. 16:30 | Restricted Event | -1.4M | 1.6M |
| FOMC Meeting Minutes | USD | 21. 8. 20:00 | Restricted Event | ||
| Natural Gas Storage | NATGAS | 22. 8. 16:30 | Restricted Event | 57B | 49B |
Restricted Symbols
The following symbols are generally & always prohibited
- USDTHB US Dollar / Thai baht
- EURTHB Euro / Thai baht
- USDHKD US Dollar / Hongkong Dollar
- EURHKD Euro / Hongkong Dollar