Does forex factory have an economic calendar?

The economic calendar on Forex Factory is a useful tool for seeing when the news arrives. Bearing in mind the Forex Factory calendar is free to use so there can sometimes be a lag. A Bloomberg Terminal would almost certainly deliver the news quicker, but it costs thousands of dollars per month, something most retail traders cannot afford.

What is forex news trading?

This type of trading strategy is known as ‘forex news trading’. News trading involves buy or selling a forex pair the moment news comes out. The economic calendar on Forex Factory is a useful tool for seeing when the news arrives. Bearing in mind the Forex Factory calendar is free to use so there can sometimes be a lag.

Should I set up an event filter in the forex factory calendar?

To avoid spending wasted time scrolling through news information that won’t apply to you, you should consider setting up an event filter. Using the event filter in the Forex Factory calendar will give you the option to restrict the news that you see so that you’ll only have information about your preferences.

Why do forex robots trade based on Economic Calendar News?

The Forex calendar news is the reason why these robots trade. They buy or sell based on the difference between the actual and forecast value of the economic calendar Forex news. Buying or selling happens in a blink of an eye. This is why the market moves so aggressively.