General reminder to all Forexgdp Traders
Due to UK General Election on June 8 (Tomorrow), All GBP pairs will make big movements on this week. Forex Brokers reduced the leverage on client’s trading accounts due to the effect of this “UK Election”.
How to save yourself from those big moves ?
1) Don’t trade with high lots.
2) If you have any open orders, you can hedge your trade orders.
3) Don’t place pending orders.
Important note : During this Election, The following bad conditions may happen to your trading account. Please beware of it !
1) If market goes against your trade order, Your Stop loss will not be triggered due to lack of liquidity. You may get more losses.
2) Your Pending orders may not work (or) your pending order will get executed at very expensive price.
We believe, the above information is useful for you. It saves your Money, Time and Energy. You can share this message to your trading friends for helping them too.
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