http://www.currencynewstrading.com Currency News Trading is dedicated to Forex News Trading and fundamental analysis in general. The goal of CNT is to provide free resources to help you achieve success in trading the currency market.

1. As a good currency exchange trader, a Forex calendar should be
an essential part of your daily trading routine. Even as a technical
analysis trader, as most Forex traders are, you should not ignore
the economic news. In fact, looking for the upcoming scheduled
news on a Forex calendar should always be the very first thing
you do before deciding on entering a trade. Being aware of the
timing of high impact news before it happens enables you to
minimize your risk.
During these volatile market conditions, you may decide to stay
on the sideline or take advantage of them using fundamental
analysis trading strategies. Trading Forex from the perspective of
fundamental analysis is not a popular choice, but if you combine
it with your technical analysis, you could have a huge advantage
in the Forex market.
Fundamental analysis mainly considers the economic and
political changes in the Forex market. It can also give you a better
understanding about important economic reports and indicators.
Unemployment rates, interest rates, PMIs, and gross domestic
products are only a few of the most important economic
indicators in the Forex market. Once you understand how these
reports can affect a particular currency, you can create a trading
strategy to take advantage of the volatility in the market.
Know When The Forex Market Will Move By Using An Economic Forex Calendar
Know When The Forex Market Will Move By Using An Economic Forex Calendar

2. One of the most popular ways to trade the news is to trade the initial spike that follows a high impact news report;
especially if the actual release number differs greatly from the forecast number.
For example, if we are expecting the US Non-Farm payroll news to be released at a forecast of 300K. If the actual
release number comes out better than expected at 370K and above, we would jump in on a trade to buy the US dollar
against other currency pairs.
Know When The Forex Market Will Move By Using An Economic Forex Calendar
Know When The Forex Market Will Move By Using An Economic Forex Calendar

3. However, if the actual release number comes out worse than expected at 230K and below, we would enter into a trade
to sell the US dollar. In this example, you will notice that we are looking for a 70K of deviation. According to historical
data from previous NFP releases, this is the minimum difference required for the market to move 50 pips or more for at
least 75 percent of the time.
There are many well-known Forex websites and blogs that provide free economic calendars that are updated with the
latest economic news and figures as soon they are announced.
Know When The Forex Market Will Move By Using An Economic Forex Calendar
Know When The Forex Market Will Move By Using An Economic Forex Calendar

4. One excellent source for Forex fundamental analysis is
CurrencyNewsTrading.com that offers a great Forex
calendar that displays the scheduled news events in a
weekly basis. Most online Forex calendars color-code each
news event by its potential impact, but the CNT’s Forex
calendar displays only the high impact news that
historically are the most tradable. It also shows the
tradable deviation for each event, along with the potential
pips movement range, related market headlines, and the
different currency charts displaying the market movement
as a result of each particular news report.
By following a Forex calendar, you will know in advance the
time of news reports that are likely to influence a
particular currency, and it should be an essential tool in
your daily trading so you can manage your risk.
You can also take advantage of the market volatility
immediately after these news reports by using
fundamental analysis strategies. To get started, visit
CurrencyNewsTrading.com to learn about news trading
and to get the latest tools to help you make improved
decisions in your Forex trading and hence make you more
profitable.
Know When The Forex Market Will Move By Using An Economic Forex Calendar
Know When The Forex Market Will Move By Using An Economic Forex Calendar