Forex Factory Economic News Calendar 11 Things To Know

This means the calendar will only reflect high and medium impacts news event . No wonder most traders fail because they are in the cycle of hopping from one trading strategy to the next. Forums are decent, you can find a lot of information but you must do your own due diligence.

  • He’s been interviewed by Stocks & Commodities Magazine as a featured trader for the month and is mentioned weekly by Forex Factory next to publications from CNN and Bloomberg.
  • This can be done with a price chart like those available on the FlowBank trading platform.
  • During the press conference, the ECB President supported the rate cut.
  • In the Forex market dealings, this opportunity is extremely useful.

After saving your settings, you should now see the correct time displayed in the upper right hand corner of the screen. If not, repeat step 2 to make sure your settings were saved properly. Needs to review the security of your connection before proceeding.

CPI or Inflation to Mark in the Forex Calendar News

It is what the big players do; therefore, it makes sense to be doing it as well. It is absolutely clear that the biggest advantage of using Forex Factory is the relatively real time rate that they offer. In the Forex market dealings, this opportunity is extremely useful. The Forums is one of the best offerings and the most notable products from Forex Factory as it is one of the busiest online Forums in the financial world today. Traders from every corner of the world can be found interacting on the forums, sharing ideas, teaching, learning, debating, and swapping real experience.

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The company is unlicensed and unfit to manage the investments of anyone. They bait investors with favorable benefits and incentives on their investment deals. I was given a fake account manager to handle any requests or issues i might have. I invested a total of 7500 euros and waited for my money to grow. To follow the latest and most upto date fundamentals this is a great site for Forex traders. forex factory is for professional foreign-exchange traders.

The Actual Column

Forex Factory is owned and operated by Fair Economy, Inc., a company dedicated to the democratization of financial information. Installing products or setting up a new system has never been easier. FxFactory remembers your configuration and purchase history so you don’t have to.

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During the press conference, the ECB President supported the rate cut. However, he added that the ECB expects inflation to pick up next year. You can also get access to breaking news when you need it so that you can be aware of new information that could impact your trades.

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Popular FX forum and financial news website Forex Factory has introduced a new alerting system that aims to better connect traders to the markets, and to each other. The next most important feature of the Forex Factory is definitely the Trade Explorer. It is a web-based interface that empowers traders to intelligently analyze their Forex trading performance and makes trading process easy. It facilitates potentially a seamless trade that can be analyzed in a rather intelligent way and offers the potential trades that might be taken in the nearest future or even now. Moreover, the trade explorer is automated in a way that it synchronizes with the brokerage account connected with it. The Forex Factory news was instrumental in completely changing the presentation of Forex news to traders and money market dealers. However, the tight control by the Forex Factory highly experienced editorial team makes sure that false news or falsely reported news does not make it to the readers.

News tab on Forex Factory

Presidential elections and the 1st round of the French elections were difficult to interpret, the Fed’s rate hike wasn’t. Therefore, the federal funds interest rate level is THE Forex news to watch. As a rule of thumb, the higher the interest rate goes, the stronger the dollar becomes. The Forex market volatility increases tremendously during the Fed presser.

High-Frequency Trading

This post will teach you how to interpret and successfully apply the calendar into your trading. You can also choose dates that have passed, and you’ll see news and information that was posted on that particular day. To check which currency is weaker, or which is stronger, you can use the currency strength meter. But by having your trading journal hosted on a cloud, that risk is greatly minimized and you can be certain it will be there for years to come.