We’re heading into the FOMC (Sept 17) — one of the biggest market movers for USD pairs. Here’s how to adapt your Galileo FX settings
1/Why it matters
FOMC = high volatility → spreads widen, sudden moves, stop-hunts. Automated strategies need adjustments to stay efficient.
2/ Settings to review :
Lot Size → Lower risk exposure ahead of the event ( avoid dynamic lots )
Stop Loss / Take Profit → Widen ranges slightly to avoid early stop-outs ( 200 + ticks, adjust size accordingly)
Trading Hours → Consider pausing trades just before the decision
Pairs → Focus on USD majors (EUR/USD, GBP/USD, USD/JPY) since they react most
Trailing Stop → Enable to secure profits once the market moves in your favor, while still leaving room for bigger trends
3/ Key takeaway
Automation is powerful, but adapting your settings to market conditions makes Galileo FX even more effective.
Try using setting like Phantom Liquidity Spread during volatile events like FOMC
1/Why it matters
FOMC = high volatility → spreads widen, sudden moves, stop-hunts. Automated strategies need adjustments to stay efficient.
2/ Settings to review :
Lot Size → Lower risk exposure ahead of the event ( avoid dynamic lots )
Stop Loss / Take Profit → Widen ranges slightly to avoid early stop-outs ( 200 + ticks, adjust size accordingly)
Trading Hours → Consider pausing trades just before the decision
Pairs → Focus on USD majors (EUR/USD, GBP/USD, USD/JPY) since they react most
Trailing Stop → Enable to secure profits once the market moves in your favor, while still leaving room for bigger trends
3/ Key takeaway
Automation is powerful, but adapting your settings to market conditions makes Galileo FX even more effective.
Try using setting like Phantom Liquidity Spread during volatile events like FOMC
