HOW TO READ THE FOREX ECONOMIC CALENDAR

How to read forex calendar

Use our economic calendar to locate major global events on the horizon that can move financial markets easily or shake significantly.

Our Forex Economic Calendar is fully customizable, helping you keep track of the exact data you are interested in. Select specific time zones and currencies of interest and apply filters to optimize results and fit your strategy.

Prefer items, shares or indices? Our economic calendar displays relevant events to help you trade these islands as well. You can also excel deeply in global financial events and events with our latest news and analysis articles.

A foreign exchange economic calendar is useful for traders to learn about upcoming news events that can shape their fundamental analysis. This piece will explore the DailyFX economic calendar in depth, offering suggestions on how to read a foreign exchange calendar to plan ahead, manage risk, and execute strategic trades.

What is an economic calendar?

An economic calendar is a resource that allows traders to learn about important economic information being released. Such incidents may include GDP, consumer price index and non-agricultural payroll reports. In an environment of fiscal crumbling and central bank intervention, it can be very helpful to know the date of the next central bank meeting or other news announcement.

Events on the calendar are graded low, medium, and high, depending on their potential degree of market impact. The economic calendar is fxaccurate as it looks.

HOW TO READ THE FOREX ECONOMIC CALENDAR

It is important to know how to read the Forex calendar properly before and after the most important release to maximize your trading. By checking the calendar every morning you will be able to familiarize yourself with the upcoming events.

In default mode, the calendar will show you each piece of economic news coming for major economies. For many people, this information will be overload, so you may want to customize the look

Looking at your forex calendar view

To customize the economic calendar, in the past, today and future, you can try clicking on ‘today’, ‘tomorrow’ and ‘next seven days’. It is advisable to change the timezone to be the most comfortable for you; This is done by clicking on Timezone. For most, it will be Eastern Standard Time or GMT-4 / GMT-5. Next, click on the ‘Currencies’ and ‘Importance’ buttons to see the events that are most relevant to you. .

For example, if you are trading EUR / USD and want to focus on today’s news emanating from the eurozone and the United States which is of high importance, then your filter would look like this:

Top Benefits of Using a Foreign Economic Calendar

Top effects of using the fxaccurate forex economic calendar include:

Must be able to manage risk effectively
Be in a position to plan ahead
Must have access to additional, useful features for customization
risk management

Being able to plan your trades based on economic calendar events means that you are preparing yourself for possible turbulence in value. When an event listed on the calendar occurs, a period of volatility can be expected when the data is well up, down or released in line with expectations.

To understand the principle of risk management in relation to these trades. Risk is the difference between its entry price and stop loss value, multiplied by the position size. Traders should aim to account for this percentage of complications less than 2%.

Planning ahead

The foreign exchange economic calendar allows for further planning. For example, if a nonfarm payroll report is set to be released, merchants will find that this indicator has the potential to adequately move FX Airlines, so awareness of timing means they can Can make forex trading plan about.

Benefits of Fxaccurate Forex Economic Calendar Features

The Forex Economic Calendar provided by Fxaccurate provides additional benefits of special features such as the above mentioned customization options, the facility to select specific timeframes, set delivery and make it more relevant to your specific Saturday strategy. Applies the filter to create is.

Using news and events to trade Forex

                                                      LET’S GET SOCIAL

53 Comments

  1. www.cowkart.com/

    Im grateful for the post.Really looking forward to read more. Keep writing.

    Reply
  2. checkthisout

    Thanks-a-mundo for the blog post. Really Cool.

    Reply
  3. game sbobet

    Major thanks for the post. Awesome.

    Reply
  4. altadefinizione

    I really enjoy the blog article.Thanks Again. Awesome.

    Reply
  5. Read More

    I think this is a real great post. Keep writing.

    Reply
  6. golden goose sneakers

    I want to point out my gratitude for your kind-heartedness giving support to persons who should have assistance with that subject. Your real commitment to passing the solution around has been definitely invaluable and has specifically permitted others like me to get to their targets. Your entire invaluable help and advice entails so much a person like me and even further to my mates. Best wishes; from all of us.

    Reply
  7. Vogue

    Really appreciate you sharing this blog post.Really looking forward to read more. Much obliged.

    Reply
  8. balenciaga shoes

    Thank you so much for providing individuals with an extremely spectacular chance to check tips from this website. It is usually very sweet plus stuffed with a good time for me and my office friends to search your website minimum thrice in a week to read the new stuff you have. Of course, I’m at all times impressed with your beautiful information served by you. Certain 2 ideas in this article are honestly the most beneficial we have had.

    Reply
  9. rr com webmail

    Thanks again for the article post.Thanks Again. Keep writing.

    Reply
  10. golden goose sneakers

    Needed to put you one very little remark so as to say thank you once again for these pleasant pointers you’ve contributed at this time. It was quite remarkably open-handed with people like you giving publicly what exactly a few individuals might have made available for an e book to help make some bucks on their own, and in particular considering that you might well have tried it in the event you wanted. The principles likewise worked as the easy way to realize that most people have the same zeal similar to mine to learn a lot more regarding this matter. I know there are numerous more pleasant occasions ahead for people who browse through your site.

    Reply
  11. SSPD 160

    I value the article post.Really thank you!

    Reply
  12. kvela sezoni

    wow, awesome post.Thanks Again. Great.

    Reply
  13. adult toy

    Great article post.Thanks Again. Awesome.

    Reply
  14. tiktok takipçi

    Im thankful for the article post.Really thank you! Really Cool.

    Reply
  15. sbobet online

    I appreciate you sharing this blog post.Much thanks again. Cool.

    Reply
  16. n95 mask UK

    wow, awesome blog post.Much thanks again. Great.

    Reply
  17. adam and eve offer

    I appreciate you sharing this article post.Really looking forward to read more. Great.

    Reply
  18. vibrators

    Thanks for sharing, this is a fantastic article.Thanks Again. Want more.

    Reply
  19. Süperbetin57

    Kitap Almak Için Site 2015 Çıkan Kitaplar

    Reply
  20. brainwash

    I’d perpetually want to be update on new blog posts on this internet site, saved to favorites! .

    Reply
  21. market uncertainty definition

    I really like your writing style, good information, thanks for putting up :D. “If a cluttered desk is the sign of a cluttered mind, what is the significance of a clean desk” by Laurence J. Peter.

    Reply
  22. is value investing dead

    You completed certain nice points there. I did a search on the subject and found nearly all folks will have the same opinion with your blog.

    Reply
  23. Elliot wave

    My coder is trying to persuade me to move to .net from PHP. I have always disliked the idea because of the expenses. But he’s tryiong none the less. I’ve been using WordPress on a variety of websites for about a year and am anxious about switching to another platform. I have heard great things about blogengine.net. Is there a way I can import all my wordpress content into it? Any help would be greatly appreciated!

    Reply
  24. froleprotrem

    Hi there would you mind letting me know which hosting company you’re utilizing? I’ve loaded your blog in 3 different web browsers and I must say this blog loads a lot faster then most. Can you suggest a good internet hosting provider at a reasonable price? Thanks a lot, I appreciate it!

    Reply

Submit a Comment

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