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Forex indicators How to use economic calendar in trading operations?
avatar Mymelody
Question by: Samanthar - 14 Jun 2016, 09:23:58
How to use economic calendar in trading operations?
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Answers (1)
avatar user 9742
Answer by: Joseph - 14 Jun 2016, 09:40:07

Trader should check the release date of indicator or event, its current value, analyse expert's forecasts regarding the new value of respective indicator. When the current indicators seems to be better than the predictable ones, the market, as a rule, reacts on it by growth of national currency. When current indicator doesn't reach the forecast's level, the currency falls in price. The more keen mismatch between reality and forecast is, the more explicit price development will be.

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