Trading on important economic news
To know the events and releases better and learn different aspects that can influences or improve your trading, we collected some of the best educational articles, reports and videos about news trading. Check them out!
Timing All data are displayed in chronological order, divided by day. A light grey horizontal line shows you where we stand at the moment and below that line go all upcoming data.
Time left before next release is indicated so you quickly grasp when this is coming.
When a new data is released, the calendar page is automatically refreshed so you do not miss it. If you want, you can enable a sound notification for all releases. Currencies A flag icon indicates the country of the data release, and next to it, its currency.
So you can quickly scan and see what trading on important economic news might be affected today or in some specific days. Shall a bar be red and long, market observers expect this data to have great probability to move the Forex market.
Shall this bar be yellow and short, the probability is viewed as low.
For most indicators, we add a Consensus number: that is a general agreement of experts on the outcome of the number. Better or worse than expected?
He has provided education to individual traders and investors for over 20 years. Article Reviewed on November 30, Gordon Scott Updated November 30, As a trader, the economic calendar is one of your best friends. You will only spend one minute with it a day or lessbut that one minute—every day—is crucial if you want to become a consistently profitable day trader.
If we had a consensus published, it comes either in green it means the data is better than expected or in red worse than expected. You might want to focus on some type of data and ignore the rest: less noise means more efficiency.
Click on the button at the top of the economic calendar. You can type a keyword or select countries, dates range, event categories or impact levels.
If you always need to see the same data when you come to our calendar, you can save your settings for the next visit! We said efficiency, right?
Trade balance 9. Manufacturing sector surveys Depending on the current state of the economy, the relative importance of these releases may change. For example, unemployment may be more important this month than trade or interest rate decisions. Therefore, it is important to keep on top of what the market is focusing on at the moment. How Long Does the Effect Last?