During all evaluation phases you may hold trades during news, and open trades when you want during red folder news events.
However for your funded account, profit from trades that are opened or closed within 10 minutes of a high-impact red folder news event will not be counted.
Red folder news trading within the 10 minute prior and after window, will result in profit deductions, but will not result in account loss. Profit deductions will be handled upon withdraw request.
We use Forex Factory as our red folder news reference.
In case the news is present throughout the day, we use the MyFxBook form.