The Forex Factory calendar is a tool that traders use to track upcoming economic events. The calendar includes data releases for things like GDP, inflation, unemployment, and other economic indicators. Traders use this information to predict how the market will move in reaction to these events. 5. How do I use the Forex Factory calendar?
What is the Best Forex calendar to use for news trading?
The forex calendar 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 understand what to trade. Simply visit Forex Factory to study the forex calendar available on the site using this article as a guide.
What is forex factory?
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 occasionally from the institutional side of the market.
Should you use a news calendar as a technical trader?
The real advantage to using a calendar as a technical trader lies in the scheduled time and expected impact of the news. Anything more than that and using a news calendar can become more of a distraction than an asset. That concludes the process of setting up the Forex Factory news calendar.
