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The forex trader with their back to the traffic is far more likely to be flattened and worse, dead. After all they impact the fundamental view of a currency at a moment in time, sparking the whole fundamental versus technical trader debate. Some announcements can really rock the boat with price and you can almost foretell in your crystal ball which announcements they may be. Knowing something in advance. The person who considers the announcements in advance is the person that walks on the road facing towards the oncoming cars, where they can see the danger approaching.
The person not paying attention to the cars coming is far more likely to be flattened and worse, dead. In system development I suggest you consider economic news announcements and make a conscious informed decision about the risks associated with the particular announcement. Make the choice from an informed and considered position. Type into the web browser www. This will take you to the home page of the Forex Factory website.
It takes you to the time settings section that looks like this:. Red — high impact expected to move price on their release. I pay attention to these announcements. Orange and Yellow — medium and low impact not likely to significantly impact price. White — Displays non-economic events such as bank holidays I like to display bank holidays. All currencies are impacted by major global events.
I recommend that you display all currencies. Any major economic news event can impact risk sentiment and whether risk is on or off in the world. I personally like to display the current week. I like to look ahead and plan my week. The choice is yours. Bookmark the website so the settings are saved next time you visit the Forex Factory Calendar via the bookmark link.
The actual results and any update to the previous result are updated shortly after the release of the announcement. You may experience delays if the website becomes overloaded around a particular news event that many traders are keenly interested in. Select the folder symbol to open the detail that looks like the image below.
At the bottom of the left sidebar the government cash rates are shown for each of the currencies. Be strategic and design your trading business for sustainable success and have fun! Years of precious learning specially packaged up for you. I know what it takes to make a trading business rock on. It would give me great pleasure to make a difference to your success. Some seemingly random resetting can occur from time to time on the Forex Factory site. Then I open it via the bookmark next time so the time is set correctly.
Thank you. Whether the result would indicate that the currency pair should go up or down depends on whether the currency directly relating to the economic release is the 1st or 2nd currency in the currency pair. Economic results that are good for the first pair GBP in this case should make the currency pair GBPUSD go up, while economic results that are good for the second pair USD in this case should make the currency pair go down, and vice versa. You make money when you buy low and sell higher.
I hope this helps and provides further explanation. Way cool! Some extremely valid points! I appreciate you penning this post and also the rest of the website is extremely good. For example, today at will have a high impact news on USD according to the economic calender. Please when there are about 3 news affecting a currency and they are all released at the same time,please which of the news do we follow to trade because most times all the news could be high impact news.
Thank you for quality information you give!!! These are very useful tips. This is the perfect blog for anyone who wants to know about forex factory calendar. Hi, The details column has stopped working- no details show and they have in the past. How do I fix this please? Results are about probabilities and risk management. You can not know the order of the wins and losses, but different trading styles have particular probabilities with large sample sizes.
Hi, its my pleasure to come across your site. May God bless you for your enlightenment. Pls I want to learn forex trading, but am a complete novice, newbie about forex. Even downloaded the MT4 on my pc but I do not understand it yet. Overall, currencies are supported in the filter:. Overall, 51 countries and one monetary union eurozone are provided in the country filter:. Trading Economics offers country and impact-based filtering.
In addition to selecting several countries one by one, it is possible to select All , Major , Africa , America , Asia , and Europe groups. The list of countries, territories, and monetary unions includes entities:.
A trader may or may not be located in the same time zone used by the economic calendar to display the schedule of economic announcements. The economic calendars tackle this issue in the following manner. Forex traders might need to browse through past economic data or look at the future schedule of events for a variety of reasons.
Thus, every economic calendar strives to offer such a facility, albeit each in its own way. Four of the 11 economic calendars use Monday as the starting day of the week. In the case of Forex Factory , you can set the first day of the week according to your choice and save it via the browser cookies. Registered users can save the settings through their profile manager.
The rest of the researched websites use Sunday as the first day of the week. Auto-update feature lets you avoid the need to manually refresh a web page to view the latest announcements. The following economic calendars offer automatic on-page updates:. Other calendars require explicit reloading to see the changes, which is not a big problem itself, but it certainly makes working with announcements tedious.
Nowadays, when lots of traders prefer to use their mobile phones to analyze the charts, access news, and even submit orders, it is crucial for a calendar to have a mobile-friendly view. In addition, calendars can offer stand-alone apps that can offer their own features and be even better than web-based calendars. Below we assess how mobile-friendly are the top Forex calendars in our list.
The mobile version provides the same information and nearly identical interface features as the desktop version of the calendar. In fact, it looks like they developed the calendar with mobile as their first priority and then expanded it somewhat for a desktop view. Offers a mobile-friendly website that does a great job providing nearly the same information as the desktop version of the calendar.
It has a slightly different design but offers almost the same information as the mobile web browser version, except for the former not showing any details about announcements. Dukascopy's calendar is not mobile-friendly at all. It retains all the main features of the desktop view, but it seems that you cannot even scroll horizontally even though the site does not fit the browser window horizontally.
Dukascopy's calendar is available in an app called Swiss Forex published by Dukascopy. The calendar in the app is more user-friendly but lacks some of the filtering options available in the website calendar. It is certainly a mobile-friendly website with a very convenient event browsing interface.
Unfortunately, it lacks a weekly view but otherwise has the same basic functionality as the desktop version. This calendar could be a great example of a mobile-friendly website, but despite having lots of interface features transferred at a top-notch quality level, it only shows the Actual values for all announcements in the event list.
You have to click on the specific announcement to view the Previous and Forecast values. And you cannot see the pre-revision value, though you can still tell if the Previous value has been revised. No official Forex Factory calendar app is available for your phones.
There is an unofficial app, which looks very bad and isn't worth a detailed review. Offers a mobile version of the website, which is almost on par with the desktop one. You can use the same filtering options as in the desktop web calendar, even allowing you to set custom date ranges. Unfortunately, revisions aren't even shown. The app offered by FXStreet features a calendar with a simple layout but, for the most part, suffers from the same issues as the webpage for mobile browsers.
It has the impact filter but lacks the event type filter. You cannot switch the dates only to today, tomorrow, and the next week. Time zone settings are either your local or GMT. Same as the mobile web version, the app doesn't show any revisions — only pre-revision values are displayed.
The mobile version of the calendar is ridden with ads but is built to be rather convenient. Unfortunately, browsing through the past weeks is not possible. Revisions are marked and pre-revision values are available in the history tab after clicking on a report. The app for mobile devices offers only one improvement over the browser-based calendar — a search feature that lets you find any particular economic indicator and see its release history. However, the app lacks the event category filter.
You can even set date ranges! Everything is displayed in a clear and concise way. The revisions and pre-revision values are shown. The MQL5. Most filters are lacking. Events are displayed only for a selected day. Revisions are shown but neither are marked nor allow viewing of the pre-revision values.
Myfxbook is very mobile-friendly, having largely the same features as the desktop web version, even allowing to set custom date ranges in the filtering options. The only notable difference is that the mobile version doesn't show a specific time for releases. Instead, it shows the number of hours or days until the future releases. The Myfxbook mobile app is available for Android and iOS mobile platforms. It has slightly crippled functionality — you cannot set arbitrary date ranges for time browsing.
Also, revised previous values aren't shown. To browse through it, you have to endure lots of scrolling and tight tapping. On the bright side, all the desktop features are retained in the mobile version. In addition to multiple other things, it offers an economic calendar, which is much easier to use than the mobile web version. Time browsing is rather limited and there and only two filters are available — impact and country. Revisions are completely ignored. The calendar is totally mobile-friendly.
All interface features are there, including advanced ones, like charts and alerts. Revised values are shown but no mark indicates that the value is a revised one. The calendar is available via the official Trading Economics Calendar app. It is quite similar to the web version of the calendar but has some differences. It lacks a custom date range selection tool but offers a watchlist to track events.
Similar to the web version, there is no indication that the shown values are revisions when this is the case. In our previous reviews of the best economic calendars, some websites have demonstrated considerable delays in the publication of the actual values for macroeconomic indicators.
Fortunately, this year, all calendars fared well and updated the display values promptly. Thus, you are safe to conclude that you are unlikely to encounter any announcement delays when relying on any of the 11 calendars reviewed here.
Notifications can alert you about a news event with sound or other means even when you aren't watching the calendar. Here is how different calendars from our top 11 work with notifications:. For many traders, an economic calendar has value only if it loads quickly.
In this regard, the performance of all the ten researched websites is assessed using the service of WebPageTest. The browser was set to Chrome and the median of three first loads has been measured for each calendar from each of the six locations. Then the average load time has also been calculated.
The results are presented in the table below. The notable development this year was the fact that almost all calendar pages had faster loading times compared with the previous year. Myfxbook and TeleTrader showed an especially big improvement, being more than ten times faster in some areas compared with the previous year.
One of the exceptions was MQL5. While the slowdown was not big, it cost MQL5 its leading position in all regions. The fastest calendar overall was Myfxbook , which is really impressive considering it was among the worst-performing last year, though Trading Economics was not far behind. Both calendars were the fastest in three regions each. The loading speed of Investing.
While the loading time improved in other regions, Investing. And on top of that, Investing. Dukascopy was the slowest in South America, while BabyPips. Number of events A Forex trader who needs to stay informed about all the events related to the currencies he or she trades, would be naturally inclined to look for a calendar that offers the maximum number of events.
While the economic calendars do not miss out on any major currency, they curtail the number of news events listed in their economic calendar. Since there is no way to add a custom news event to an economic calendar, it is important to select an economic calendar that offers as many relevant news events as possible. In the calendars that don't support currency filters, a country filter has been applied to include Japan, the United Kingdom, the United States, and all the countries of the eurozone.
The calendar month used for assessing the completeness of an economic calendar was April On the other hand, Econoday and Forex Factory would be more helpful to traders who are less interested in minor events and variations of the major ones. Quite often, a trader will come across differences in the forecast values offered by different calendars.
The latest version released by its developer is 1. This app was rated by 9 users of our site and has an average rating of 3. To install Forex Factory Calendar on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since and was downloaded times.
We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. If your antivirus detects the Forex Factory Calendar as malware or if the download link for com. This will redirect you to Google Play. Once the Forex Factory Calendar is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
A pop-up window with the permissions required by Forex Factory Calendar will be shown. Click on Accept to continue the process. Forex Factory Calendar will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
Forex Factory Calendar 1. Description Details Versions. Pls I want to learn forex trading, but am a complete novice, newbie about forex. Even downloaded the MT4 on my pc but I do not understand it yet. Thanks waiting your urgent reply. The above information is really wonderful and articulately written.
Thank for the good work, ok. Would kindly send me information on how to interpret technical chart. Thanks for your anticipated cooperation. I would like to know, if the USD came out negative i. Hi, For the last 2 weeks I have been unable to get the Forexfactory site. My web browser, Microsoft Edge, tells me they are unable to connect with your site.
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