Forex factory news

Forex factory news

Forex Factory provides market intelligence to forex traders worldwide. This post will teach you how to interpret and successfully apply the Forex Factory calendar into your trading. The Forex Factory Calendar is by far the most user-friendly and accurate calendar to keep track of Forex-related news /5() Founded in , blogger.com is the premier forex trading news site offering interesting commentary, opinion and analysis for true FX trading professionals The Forex Factory Calendar is by far the most user-friendly and accurate calendar to keep track of Forex-related news events. By the end of this tutorial, you will know how to use the calendar as well as how to read it in a way that is beneficial to your trading.. But before we get into the details, I want to dispel a common misconception

Live Forex Economic Calendar | Forexlive

Here are the list of 11 Forex Factory calendar features that you should know about that are shown on this image:. I always set my time on Forex Factoryy website to my local time zone because the time you see there is not your local forex factory news zone.

This makes it easier for my head not to calculate by converting the timezone there to my local time. Forex factory news mentioned, the time that you see here is not based on a different time so, if you want to, you can change it to match your own local time. All you need to do is click that link and you will be taken to a page where you can change the time zone settings so that the time in the Forex Factoryy website matches your local time on your computer:. This column list the currency pairs that are going to be impacted by the release of forex news, forex factory news.

For example, forex factory news, if Australia is going to make an interest rate announcement, any currency pair that is pegged to the Aussie Forex factory news will be impacted. This column simply tells the potential severity of the impact a forex news is going to have on a currency pair, forex factory news. The impacts are color coded into 3 colors:.

In the detail column, you have a yellow folder icon. When you click that icon, a page opens up you can read a lot more detail about the particular news, details like:. The actual column shows you the actual figures figures that were released during the news. For example, if the Australian unemployment rate released was 5.

Right after the actual column, you have the forecast column. The forecast column shows you what forex factory news were forecasting BEFORE the news was to be released. Now, both the forecast column and actual columns are really important because many traders react to the differences in the forecast and actual. How do you think the traders will react to that? The most likely outcome would be that there will be lots of buying. When you go to the graph column and click the graph icon, a page will show up showing you a graph of the actuals vs the forecast figures of the news from the past dates that were released:.

I should have placed the Forex factory calendar legend in the 1 spot but hey, forex factory news, I got distracted whilst writing this post so that means its going to make the last of the list. Right, on the legend on Forex Factoryy calendar simply tells you what each of the objects, symbols and colors that you see on the calendar means:.

There are few others under the legend as you can see which I have mentioned here but are really self explanatory. You may also be interested to read about the 8 Amazing Facts About Forex Factory that Not Many Forex Traders Know About. Only after the news is released and the market settles down then they start looking for trading setups to trade.

Some Forex traders need to Forex calendar to move their stop loss closer to lock in a lot more profits when they know that a major news is about to be released because they know, the market can go either way, up or down and this can work against their current running trade and eat up whatever profits that they have accumulated so far.

Some Forex traders simply want to see what time and date the Forex news is going to be released and as that time is being approached, they exit all forex factory news trades. Forex Factory Calendar Feature 1: Time I always set my time on Forex Factoryy website to my local time zone because the time you see there is not your local time zone, forex factory news. Makes sense? RELATED 8 Amazing Facts About Forexfactory Not Many Forex Traders Know. RELATED Forex Trading Training 8 THINGS TO KNOW FIRST.

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How to Use the Forex Factory Calendar in The Ultimate Guide

Founded in , blogger.com is the premier forex trading news site offering interesting commentary, opinion and analysis for true FX trading professionals The Forex Factory Calendar is by far the most user-friendly and accurate calendar to keep track of Forex-related news events. By the end of this tutorial, you will know how to use the calendar as well as how to read it in a way that is beneficial to your trading.. But before we get into the details, I want to dispel a common misconception Forex Factory provides market intelligence to forex traders worldwide. This post will teach you how to interpret and successfully apply the Forex Factory calendar into your trading. The Forex Factory Calendar is by far the most user-friendly and accurate calendar to keep track of Forex-related news /5()