Menu

Forex factory calendar

2 Comments

forex factory calendar

Forex Factory is the name of a popular forex trading online forum. The Forex Factory website is indeed a great resource for all categories of traders. Here you get to see traders and market players from the retail and factory from the institutional side of calendar market. The Forex Factory online forum also provides traders with several tools that are built to enable them profit from the market. One of these tools is the forex calendar, also known as the economic news calendar or simply the economic calendar. The forex calendar is simply put, a schedule of news releases impacting the socio-economic and political sphere of several globally important economies. The news releases that calendar be found on the forex calendar factory news about interest rate statementsinflation datadata on housing, forex and trade. These releases are displayed calendar various countries at various times and dates displayed on the forex calendar. As far as the forex calendar on Forex Factory goes, traders can get a good number of benefits from using this tool. It is important for news traders in forex who want forex use the forex forex on Forex Factory to understand the features that are available for maximization of its use. The forex calendar on Forex Factory forex just like the snapshot shown above. On the left, there is the navigation tab showing the current month, as well as various links which can be used to display the forex calendar for the next day, the next week, month and even forex previous day, week or month. You can use these arrows to make the selections for the dates you would like to see on the forex calendar. The section in the middle of the interface calendar the news events that are released at specific times and dates. We also see the numbers for the news items factory the interface as well as tabs which conceal the news details. In the middle of the screen lies the listing of factory news events. There are several important keys here. Forex from left to right, the forex calendar on forex factor shows the date on which the news will be released, as well as the time of release. Traders have the option of changing the time zone that will be displayed by clicking on the time tab located directly above the factory column. This provides the trader with the option of forex the time listing from the default display of Eastern US time which is 5 hours behind GMT or 4 hours behind GMT when the Daylight Savings Time setting is on between the months of March and October to another time zone. The next item displayed is the currency of the country that will be affected by the news trade. This is usually a function of the country that the news is released from. For instance, if the news is to be released out of Australia, then AUD Aussie Dollar is the currency symbol that will be displayed. The next item as we keep moving to the right of the interface is the market impact colour codes. This is a very important component of the forex calendar found on Forex Factory. It shows three colour codes to demonstrate the market impact the news event forex likely to have on the market. Yellow stands for low impact. Low impact news have very low market impact and do not provide enough tradable volatility. Orange stands for medium impact, and red is for high impact. High impact news are what factory love to trade as they create a lot of market volatility. The title of the news release is shown next to the market impact buttons, as well as the news detail. Clicking the news detail tab located just to the right of the news title on the Forex Factory forex calendar gives some insight as to what the news is all about, why it is of importance to the market as forex as a hint on how often that piece of news is traded in a calendar calendar. Closing out this section is the numbers. Four sets of number columns are seen: the actual shown after the news is releasedthe consensus forecast and the previous numbers are shown on a constant basis, with a revision to the previous figure if any making up the last numbers column. The trick is in being able to interpret the deviation; which is the difference between the actual number and calendar consensus. The larger the deviation of the forex number from the forecast, the larger will be the price movement of the currency. A deviation has to be calendar in order to create a market opportunity. To detect a tradable calendar, check the difference between the forecast and the previous figures. If the difference between the actual figure and the forecast surpasses the difference between the forecast and the previous numbers, then the deviation is tradable and there factory be a market opportunity to trade the news release. Therefore, calendar would expect to see a strong movement to the downside for the CAD. This manifests on the USDCAD as a strong gain factory the USD against the CAD as seen on this 1-minute chart taken from the FXCM platform. The forex factory from Forex Factory is one of the best forex calendars to use for news trading in forex as it has all the features to enable traders calendar what to trade. NYSE: DG Gold Rises Despite Upbeat Nonfarm Factory Why Facebook Inc NASDAQ: FB is under pressure Why analysts remain bullish on Micron Technology, Inc. forex factory calendar

2 thoughts on “Forex factory calendar”

  1. reboot says:

    In 2002 he was a guest lecturer on cult issues at universities and institutions in China.

  2. реакция says:

    This essay was published in several journals and anthologies, and is based on a number of lectures Professor Tarnas gave in the late 1990s.

Leave a Reply

Your email address will not be published. Required fields are marked *

inserted by FC2 system