Author Archives: consolidation-student_user

The Importance of an Economic Calendar

What is an Economic Calendar? An Economic Calendar is a collection of events released periodically, usually monthly, quarterly, or weekly, that may affect the markets. It is a useful tool for analyzing the trends of a particular country or region. These events are often referred to as leading indicators because they are measurable variables that help predict future events or… Read more »

Things You Must Know About Forex Trading

If you are just beginning to learn the ropes of Forex trading, there are some things you must keep in mind. Despite its simplicity, Forex trading can be an emotional roller coaster, with plenty of unanswered questions. The best thing to do is cultivate emotional equilibrium and be disciplined when closing your positions. You need to stay unbiased and not… Read more »

How to Customize an Economic Calendar

An economic calendar is an indispensable tool for analyzing market trends. The most popular ones are updated throughout the day. The information that is included on an economic calendar can provide a wealth of insight into the current and upcoming economic climate. Its listings include the name of the event and time zone, as well as a brief description of… Read more »

How to Make Money in Forex Trading by Trading in Currency Pairs

A great way to make money from Forex trading is to trade in currency pairs. This type of investment allows you to invest in a larger amount of currency for a lower initial investment. Leverage is the process of using borrowed money to buy or sell larger amounts of currency. A broker uses margin to top up your account. While… Read more »

Why Investors Should Keep an Eye on the Economic Calendar

The economic calendar is a tool used by investors to keep track of events that can affect financial markets. These events include monetary policy decisions and economic indicators. These are important announcements that will have a high probability of affecting the financial markets. Here are some of the reasons why investors should keep an eye on the economic calendar: (a)… Read more »

The Most Important Part of a Forex Trader’s Day

Forex trading is a form of currency trading where you invest in foreign currency. You can make a profit if you predict the future market trends correctly. But remember that you can lose more than your initial investment. You must learn the quoting conventions so that you can make informed decisions. Many currency quotes are quoted against the U.S. dollar,… Read more »

The Economic Calendar

An economic calendar is used frequently by investors to track market-moving news, including economic reports and government policy choices. Market-moving news, which are usually released either in a non-farm report or in a news release, have a very high likelihood of affecting the domestic equity markets. Thus, news that reflects negatively on the U.S. economy can result in stock losses… Read more »

Forex Trading Accounts

Forex Trading Accounts Forex trading is simply a process which involves the trade of various pairs of foreign currencies. For instance, a person may exchange U.S. dollars for Euros. A trader who understands the foreign exchange market fully well will understand that these two currencies may be traded as well in pairs. The trader’s judgment and strategy are critical to… Read more »

Economic Calendar – An Overview

An economic calendar is utilized by investors to track market-wide economic indicators, including non-farm payrolls, gross domestic product growth rates, interest rates, Purchasing Managers Index (PMI) and Producer Price Index (PPI). Indicators are reported monthly. Economic calendars are widely used by financial planners, business managers, and government officials to examine the health of the US economy. Business cycles, the state… Read more »

An Economic Calendar Helps Make Business Sense

An Economic Calendar Helps Make Business Sense An economic calendar is used by financial investors to track market-wide economic indicators, including national interest rates and other monetary policy interventions. National interest rate decisions, which are usually released or announced in a press release, have a very high likelihood of influencing the global financial markets. Investors use these interest rate decisions… Read more »