Definition:
In the PEI program, traders are allowed to trade during high-impact news events (such as NFP, interest rate decisions, FOMC meetings, central bank speeches, etc.).

Explanation:

• Unlike other funding accounts that restrict trading during macroeconomic events, PEI allows traders to hold or open positions during news releases.

• Traders are free to execute their strategies without economic calendar restrictions.

• However, they must do so at their own risk, since news events often involve:

  • Widened spreads

  • Slippage (execution delays or price jumps)

  • Sharp volatility and price gaps

• While trading is permitted, breaking other rules (e.g., daily or maximum drawdown) during news will still invalidate the account.

Example 1 (permitted trade):

• On Friday, before the Non-Farm Payrolls (NFP) release, a trader keeps a position open on XAU/USD.
  👉 This is allowed and does not break the rule.

Example 2 (risky scenario):

• A trader opens a trade just seconds before the Federal Reserve announcement.

• Due to spread widening and volatility, the trade suffers slippage and quickly hits the daily drawdown limit.
  👉 Although the trade itself is permitted, the account is invalidated for breaching the daily drawdown rule, not for trading the news.

Example 3 (planned strategy):

• A trader builds a strategy focused exclusively on trading high-impact news events.
  👉 In PEI this is valid, as long as all other risk and consistency rules are respected.

In summary:

• In PEI, trading during high-impact news events is allowed.

• Traders must remain aware of the extra risks of volatility, spread widening, and slippage.

• Other rules (maximum drawdown, daily drawdown, consistency) remain fully enforceable during these events.