The forex factory is where we gather all the crucial definitions and keep updated with fx news. When you get into the market, you will need to know all the terminology. The jargon of any industry is important if you want to succeed in an industry that relies heavily on terminology for efficient blogger.comted Reading Time: 7 mins Real-time Forex News and the latest trading updates. Stay updated on the latest news about currencies and commodities markets Brown=forex news with medium impact expected; Yellow=forex news with low impact expected. Forex Factory Calendar Feature #5: Name Of News. This column simply lists the all the names of the news that are scheduled to be released. Forex Factory Calendar Feature #6: Detail Column. In the detail column, you have a yellow folder blogger.comted Reading Time: 6 mins
Forex Factory Economic News Calendar - 11 Things To Know
Here are the list of 11 Forex Factory calendar features that you should know about that are shown on this image:. I always set my time on Forex Forex factory news website to my local time zone because the time you see there is not your local time zone.
This makes it easier for my head not to calculate by converting the timezone there to my local time. As mentioned, the time that you see here is not based on a different time so, if you want to, you can change it to match your own local time. All you need to do is click that link and you will be taken to a page where you can change the time zone settings so that the time in the Forex Factoryy website matches your local time on your computer:. This column list the currency pairs that are going to be impacted by the release of forex news.
For example, if Australia is going to make an interest rate announcement, any currency pair that is pegged to the Aussie Dollar will be impacted. This column simply tells the potential severity of the impact a forex news is going to have on a currency pair.
The impacts are color coded into 3 colors:, forex factory news. In the detail forex factory news, you have a yellow folder icon. When you click that icon, a page opens up you forex factory news read a lot more detail about the particular news, forex factory news, details like:. The actual column shows you the actual figures figures that were released during the news. For example, if the Australian unemployment rate released was 5.
Right after the actual column, you have the forecast column. The forecast column shows you what economists were forecasting BEFORE the news was to be released. Forex factory news, both the forecast column and actual columns are really important because many traders react to the differences in the forecast and actual.
How do forex factory news think the traders will react to that? The most likely outcome would be that there will be lots of buying. When you go to the graph column and click the graph icon, forex factory news, a page will show up showing you a graph of the actuals vs the forecast figures of the news from the past dates that were released:. I should have placed the Forex factory calendar legend in the 1 spot but hey, I got distracted whilst writing this post so that means its going to make the last of the list, forex factory news.
Right, on the legend on Forex Factoryy calendar simply tells you what each of the objects, symbols and colors that you see on the calendar means:. There are few others under the legend as you can see which I have mentioned here but are really self explanatory. You may also be interested to read about the 8 Amazing Facts About Forex Factory that Not Many Forex Traders Know About. Only after the news is released and the market settles down then they start looking for trading setups to trade.
Some Forex traders need to Forex calendar to move their stop loss closer to lock in a lot more profits when they know that a major news is about to be released because they know, the market can go either way, up or down and this can work against their current running trade and eat up whatever profits that they have accumulated so far.
Some Forex traders simply want to see what time and forex factory news the Forex news is going to be released and as that time is being approached, they exit all their trades. Forex Factory Calendar Feature forex factory news Time I always set my time on Forex Factoryy website to my local time zone because the time you see there is not your local time zone. Makes sense? RELATED Day Trading vs Swing Trading-Which Is Better?
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How to use The Forex Factory Economic Calendar
, time: 12:44Forex Factory | FX News | Forex Broker Reviews | Forex Education
The forex factory is where we gather all the crucial definitions and keep updated with fx news. When you get into the market, you will need to know all the terminology. The jargon of any industry is important if you want to succeed in an industry that relies heavily on terminology for efficient blogger.comted Reading Time: 7 mins Forex Factory is where professional traders connect to the forex markets, and to each other 5/21/ · Forex News. Commodity News. Indices News. Select. Bitcoin (BTC), Ethereum (ETH), Alt-Coins - Recovery Remains Fragile, Volatility Stuck at Near-Extremes.
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