Forex Factory :All you need to know




Forex Factory - Details


  Warmth greetings reader, do you know of Forex Factory?. If it's  your first time and you are a trader you would love this article.
  
  Or maybe you have probably heard of it. Cause Forex Factory is the biggest online Forum for all kinds of Forex Traders. Forex Factory have been in existence from year 2004, And have lots of benefits.
 
  Most traders in Forex Factory don't make proper use of its advantages. Visit the forum now www.forexfactory.com

  Now let's proceed, majority of traders just jump into Forex factory, then next to trading system thread and look for new trading system, in less days they give up. With out applying the required strategies.
  At Forex factory, you can't just only get traders to exchange but also you can improve your tradibg experience. Do you wish to know how.?  Then keep reading.


Forex Factory Calendar




This is the source of code, if a programmer may say, all the fundamental highlights and news concerning trading are being first dropped on the Forex factory forum calendar. But first, you have to learn how to make use of it properly.


How to use Forex Factory Calendar.


1. Select your appropriate timezone
> log onto Forex Factory

> Tap the time button at the top right hand

> Choose your default time zone.



2. Filter your news

Now…

There is plenty of news coming out each day from different countries. Like CPI, PPI, Retail Sales, Inflation, Central Bank, and etc.
And most of it does not affect the markets as they are not a major news event.
So, how do you know which news event to pay attention to and which to ignore?
Well, this is where the Forex Factory news filter comes in handy.
Here’s how to do it:
1. Select the “Calendar” tab at the top of the page

2. Then select the “Filter” button at the top right-hand side of the page



Next, check the red and orange box. This means the calendar will only reflect high and medium impacts news event (if you want to include the low impact event, feel free to do so).
Then, check all the event types as you don’t know which events are the high impact ones. So it’s safer to just check them all.

Lastly, you can select which country news you want. I suggest checking all of them so you’re aware of the
important fundamentals going on around the world.
Bonus: Never miss a piece of breaking news that might ‘break’ your trade
With a single tweet, Donald Trump can snap your profits back into the red.

What you’ll want is to at least be aware of such news as soon as it occurs to reduce your risk exposure.
Here’s how to do it:
1. Select the “News” tab at the top of the page

2. Then select “News / Hottest Stories” at the right-hand side of the page


Conclusion on Forex Factory


Reminder : Never miss a piece of breaking news that might ‘break’ your trade
With a single tweet, Donald Trump can snap your profits back into the red.
What you’ll want is to at least be aware of such news as soon as it occurs to reduce your risk exposure.

Here’s how to do it:

1. Select the “News” tab at the top of the page

2. Then select “News / Hottest Stories” at the right-hand side of the page


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