I am going to teach you how to read them, and of course how to filter out the news that we want. As you can see, we are at forexfactory. As you can see, we have selected the entire week from May 10th to Friday, the 15th. We have an official bank rate and asset purchase facility. As you can see, we have the actual number after the release comes out.
Before the release comes out, we only have the forecast and the previous number. In this case, if you open up the folder-like link, you are going to get all the previous numbers and you can get all sorts of graph of the actual change from till This is how you hover through the Economic Calendar on Forex Factory.
I think that they have improved a lot when it comes to the Economic Calendar and how fast you get the news. You can just look at the forecast and you can look at the actual number. For example, right here, the last month the forecast was for about 2. This is how you hover through the Economic Calendar of Forex Factory. On the homepage, you just have to hover down and go to Economic Calendar, right here.
You have the link and it will prompt you to the actual Economic Calendar page. You can filter out high impact event, medium impact event, low impact event, or non-impact at all in the markets.
You can choose the currencies that you want to monitor. And of course, you can filter out by growth inflation or by type of event on the Forex Factory Calendar. If you go back to the Economic Calendar on investing. You can filter out by country, by importance, and of course by category.
The Economic Calendar is basically the same. We have Japanese Yen events, we have manufacturing, production, month over month for March. And as you can see, we have the forecast of 0.
If you click on the actual event, you are going to get sent to the actual description of what this number means for the markets and for the economy. If you hover, for example, on one bar, you are going to get the date of the release, the actual number released, the forecast, and the revised numbers, and of course, you also get the previous releases. What I like about investing. If you want to get more in depth, or to know more about the event that you are currently watching, and what it means for the economy and what it does to actual price action , you can go to one of these news that were released by investing.
Basically, this is how you are going to read the Economic Calendar. These are the basics. Further on this course, we are going to teach you how to look for the actual news and how to use it to trade.
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