Forex News Trading

Forex News Trading

One of the benefits forex trading is that the market is open 24 hours a day, five days a week. Economic data is one of the most significant catalysts for short-range price movement in any financial market, and this is especially relevant to the forex market. As a general rule, several pieces of economic data are released every day from the eight major forex traded currencies. Therefore, if you decide to trade forex on news releases, you’ll have access to numerous trading opportunities. In this article, we’ll cover the economic news releases that are commonly traded by forex traders and …READ MORE

What Is The Forex Economic Calendar And How To Use It?

What Is The Forex Economic Calendar And How To Use It

When trading forex online, the economic calendar is considered as an important fundamental tool. The purpose is to demonstrate news statistics, and it is simply necessary to focus on it while trading. The economic calendar publishes macroeconomic indicators and announces important events in the world of economics and finance, such as meetings of central banks, economic conferences, summits, and so on. All events are categorized into three types as per their impact: High impact Medium impact Low impact Naturally, the events related to the high impact category are more frequently used. The rest are not always considered as important, and …READ MORE

What Is Forex Fundamental Analysis And How To Apply It To Forex Trading?

forex-fundamental-analysis-explained

In this post I will be giving a brief overview on fundamental analysis by explaining exactly what it is and how you can start successfully applying it to your forex trading. Whilst fundamental analysis can be a good thing to have in your trading arsenal, it should only be part of a much larger trading plan that incorporates other factors such as good forex trading discipline and good forex money management. Even with the best fundamental analysis in the world, you would still need to be disciplined and have sensible money management in place. You can also include technical, price …READ MORE