Forex Economic News Calendar

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Forex Economic News Calendar

• Real-time economic news
• Default timezone is GMT +8, but you can change it to your preferred timezone
• You can also select economic news from more countries under ‘filters’ (top left corner)
• Guide on how to trade news below

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How to trade news?

• In general, if the actual data is better than the expected data, the related currency pair will strengthen, vice versa
• Only trade news of high importance (3 bulls)
• Draw support & resistance lines before the news.
  • If price manages to breakout and close above the resistance line in the 5 minute chart AND
  • The price movement and data agree (i.e. currency strengthen and data is bullish) AND
  • Is not against the technical trend (either with-trend or ranging is acceptable) AND
  • There is sufficient space to the next support/resistance line, THEN
  • Enter in the direction of the breakout, with a take profit at the next support/resistance

Example, NFP 6 March 2015

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