Is there any way to protect your non-news-based rankings from sudden movements because of news releases? My last three trades which were discontinued out have done so due to big, news-driven movements. With FOMC decisions, and the exception of the NFP launch, I am not a news trader. I generally enter into positions that days.

I usually check for upcoming announcements before entering a situation, but it is difficult in FX because everything is so interrelated and news out of 1 nation can impact entirely unrelated currency pairs. Is there a way to hedge against this using similar pairs, or even something similar? I understand that news is a fundamental part of Forex and can not be eliminated, but I am attempting to decrease the impact of events on my positions.