How to Use the Forex Factory Calendar: The Definitive Guide
The Forex Factory Calendar is by far the most user-friendly and accurate calendar to keep track of Forex-related news events. By the end of this tutorial, you will know how to use the calendar as well as how to read it in a way that is beneficial to your trading.
But before we get into the details, I want to dispel a common misconception.
Many technical traders make the mistake of thinking that, because they take a technical approach to the market, they don’t have to pay attention to news events.
Free PDF Guide: Want to learn how to use the Forex Factory news calendar in 5 simple steps?
While it isn’t necessary to study the news, it is advantageous to know when news is expected. This is especially true for heavy-hitting news that can adversely affect the market. Not only can this type of news affect an open position, it can cause slippage and gaps that can wreak havoc for pending orders.
Here’s how you can use a Forex news calendar to start making more informed trading decisions.
