Forex factory calendar rss

This is called slippage. Of course, the potential profits can be lucrative, and there are strategies to take advantage of these situations. Whether you want to trade or stay aside during news events is your choice, but either way, you want to know the exact time of every publication.

Before you look at the date column, note that the default time of Forex Factory is New York time. Super-duper easy. One more thing you may want to do is filter out unnecessary information. Why would you overwhelm yourself with Chinese Yuan-related news?

The gray impact icon stands for non-economic events such as daylight saving time shift or different bank holidays. The Trade Explorer is an entirely web-based tool that accurately records all the statistics about your trades in the same format that is used by hedge funds and trading advisors. Pretty cool. To create your explorer, you need to connect your brokerage account where your trading data will be automatically imported. Please note that the explorer is only compatible with the MT4 and fxTrade platforms.

Forex Factory plans to incorporate more in the future. Throughout the Trade Explorer, you will spot help icons next to the important terms. Overview Not much of a surprise, this is the overview of your trades. To be a bit more specific, below you can see the official explanatory picture from the Forex Factory website: Trade Report This is where your trading performance is quantified into hard data.

By default, the reported figures are calculated using the account equity. That is to say, you can easily recognize if you messed up something or if your trading approach needs improvement. Pretty powerful. This is something you should definitely work on if it were your account. Trade Graph People love visual data. Not only does our brain process visual information more effectively than text, but visuals are also more compelling.

This is especially true when it comes to financial reports. A stack of numbers on their own is not just dull but mind-numbing. Nice job, FF! Pretty self-explanatory. A list of your open trades, closed trades, and pending orders. Besides the basics details, you can add notes and screenshots to your trades to make yourself even more accountable.

So, what are we talking about? Believe it or not, you can use Forex Factory to get personalized advice from professional traders for free. Then, you want to start a new thread. Only full members can start new threads. If you are new to Forex Factory, you must participate a little in the community to be granted full membership. This new thread will be your public trading journal where you can publish your trades plus your thoughts on them. Other FF members are able to write comments and give you suggestions.

For this to work well, you need to do two things: 1. Spark an emotional connection to keep people hooked. Publish consistently. We can probably agree: leaving a comment requires more effort than hitting the like button. If you want to generate more useful engagement, like this one… …you must connect with your audience on an emotional level. For example, this is amazing: Once you have thought up something great, you need to consistently write in your journal. We prepared a quick checklist for you about the things you should cover.

Fill out this quick form below and grab your free copy! Some will be from professional traders; others will be from amateurs. These impacts can be so huge that they can even reverse the trend within seconds of the news release.

Many traders use different indicators to plan their entry and exit from the market. But what these tools show is irrespective of what may or may not happen in an economy. Therefore, most traders use the Forex Factory Calendar Indicator so that these sudden impacts do not affect their trading plans. These warnings help the trader plan their entry and exit from the market or change their current position. Some traders may also use this indicator to place the take profit or stop-loss levels.

You can either use the indicator to anticipate the impact or plan your move based on the previous data. Or, you can wait for the actual news to release and then plan your trading strategy. Either way, the indicator will provide you with many trading opportunities.

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