you trade the Forex market. Free PDF Guide: Want to learn how to use the Forex Factory news calendar in 5 simple steps? By now you should know how to configure your Forex Factory calendar as well as how to manage news events. Step 4: Selecting the Desired Time Frame. Regardless of how or when the news occurs, the two strategies above give you a quick and easy way to read the news via your charts. One of these tools is the forex calendar, also known as the economic news calendar or simply the economic calendar. Learning to "Read" the News Now its time to bring it all together. The title of the news release is shown next to the market impact buttons, as well as the news detail. For the most up to date calendar, please visit.
Its mission is to keep traders connected to the markets, and to each other, in ways that positively.
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.
Acheter limite forex, Modèle excel pour la négociation de forex, Analyser le forex jour,
These two strategies have a common thread they are both the byproduct of news. Next we will get into how to strategically position your trades around major news events so as to minimize your risk. Distance to take profit Aside from the time frame, the distance from the entry to the take profit also plays a role. At this point you should have the Forex Factory calendar in front of you with each news event synchronized with your local time. . You can change this any time by repeating this step. This is a very important component of the forex calendar found on Forex Factory. Clicking the news detail tab located just to the right of the news title on the Forex Factory forex calendar gives some insight as to what the news is all about, why it is of importance to the market as well as a hint. As a general rule, I like to see at least a 24 hour window in which there is no scheduled (major) news before putting on a trade. Your number one job as a trader is capital preservation.