![]() However, even if you despise the fundamental economical analysis and follow Price Action strategies, you can still use an Economic Calendar to see when the market might be affected by the real-world events. scalping, are built around using the economic calendars to predict commotion on the markets and trading to take advantage of it. Our forex economic calendar is fully customizable, helping you keep track of the exact data you’re interested in. They are mainly used by the followers of the fundamental analysis. So while the mathematical patterns and other Price Action systems are reliable most of the time, they are pretty much useless when something major happens in the real world.Įconomic calendars provide data for further analysis and help to predict the direction the Forex market will take in the future. Forex Factory Forex markets for the smart money. ![]() RSI has just entered into the overbought territory, but there is. And FX-trading, which uses the economics’ principles in practice, is the proof of that. Silver settled above the 23.50 level and is trying to get to the test of the 24.00 level. Some calendars also cover the important indicators, indexes and ratings.Įconomics is a field of study that is very much affected by real-world events. ![]() An economic calendar is a tool that lists all important economic events. ![]()
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