You can only expect a return on your investment if you know when and how to trade a particular financial instrument. You have to be in and out for a reason. The game is to understand what factors influence the market and when they come into play. All of this happens in a limited time window, and you have to act fast. Not having access to information on what, how, why and when the market moves is a recipe for disaster. This is where our FXStreet Economic Calendar comes into play.
More powerful than you think:
Forex markets are moved by dominant factors. There are Bullish trends, and there are Bearish trends. However, it doesn’t mean that you only have to buy low and sell high to make profits. There are opportunities to cash in a decent return on your investment in both markets as long as you know what is going on. To keep track of the direction a particular market is headed, you need economic indicators. To make a successful play, you will need not only knowledge about recent events but also a series of related events that have occurred in the past.
Using FXStreet Economic Calendar, you can follow all relevant developments about a financial instrument of your choosing and receive economic indicators to keep you informed of market movements. Having access to economic indicators enable you to monitor price movement of a stock influenced by economics factors like inflation, GDP change, and strength of employment so that you can assess volatility of the market and make profitable trades in the most opportune time.
Speed and precision is everything:
FXStreet Economic Calendar keeps you informed of upcoming financial events in the form of inclusive government released reports and prescheduled news announcements. This will help you cover a broad range of economic activities so that you have the confidence to trade a wide variety of financial instruments with precision. Considering market movements in response to economic events are extremely rapid, you will appreciate the freedom to trade the right financial instrument at the right time using FXStreet Economic Calendar.
Conclusion:
FXStreet Economic Calendar keeps track of all related financial developments in chronological order for you. That way you can be completely confident about making a trade because you know that you have access to all required information on a particular financial instrument. FXStreet Economic Calendar stores all relevant information for you to consult whenever you need to. For instance, to monitor price action on a Forex currency pair, you can use our economic calendar to study daily and weekly market movements. We provide you with real-time access to articles, commentaries, and updates to keep you informed of news from banks, educational sector, politics and other related local events that can influence the market.
Every successful trader likes to keep track of all financial events that influence a particular trading instrument. Given the complex nature of most financial markets, traders like to keep things simple by using an economic calendar rather than randomly following the news all the time. That way, they can focus their time and energy on more important things like their trading strategy.