is because, hypothetically speaking, a trade on the 4 hour chart has a greater chance of running to profit before the news event occurs. Lets assume this position was originally aiming for a 300 pip profit target and is now just 40 pips from the target. This gives me a complete picture of what to expect over the coming days without cluttering the calendar with news that will have little impact on the markets. Forex Factory takes no responsibility for decisions based on this information, please see our terms of service. We should be more aware of high impact events but our main attention is on the chart where we should be looking at price of the Forex Pair we are trading.
Forex Factory is for professional foreign-exchange traders. Its mission is to keep traders connected to the markets, and to each other, in ways that. Forex Factory Calendar review, all about Forex Factory Calendar app, Finding out what is Forex Factory Calendar.
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By now you should know how to configure your Forex Factory calendar as well as how to manage news events. This is where Forex Factory's Calendar is different. Here's a list of trades lasting for 12 days, 2 weeks, and 4 weeks. Step 2: Setting Your Time Zone, although this step is not beste Zeit für den Handel forex uk crucial, we set the time zone because we certainly do not want to get confused with the timing of the news release. Forex calendars are used to get immediate up-to-date information on important forex-related news events.