Forex traders are the most current in terms of the goings-on in the global economy. Their attention to detail is impeccable because their money counts on it. To be sure, good forex traders conduct thorough market research to ensure that whatever decisions they make rely on facts. Thorough market research ensures that trading decisions are devoid of the influence of human … [Read more...] about Guide to Using Economic Calendar in Forex Trading
Fundamental Analysis
Learn how to trade events
Michigan Consumer Sentiment – How to trade the MCSI in Forex
The University of Michigan Consumer Sentiment index is one of the most followed sentiment surveys around the world, and it affects Forex pairs. Although it covers the United States consumer sphere only, it has a global impact as the US is the leading economy on the planet. Traders around the globe look at it for insights about how the country is doing and how it interacts … [Read more...] about Michigan Consumer Sentiment – How to trade the MCSI in Forex
Consumer Confidence: How to trade the Conference Board CCI in Forex
When learning about financials, the first thing teachers tell you is that sentiment is everything in the economy. The second is that every economy is based on people; how they interact with each other and the products and services in the country or region. This figure is called consumer confidence, one of the most influential factors in the well-doing of a … [Read more...] about Consumer Confidence: How to trade the Conference Board CCI in Forex
Retail Sales: Learn how to trade this economic indicator in Forex
Retail sales are the heart of an economy. It represents how main street people are interacting with the commerce and industry of a country. Consequently, it provides Forex traders with considerable opportunities to catch some pips every month. Indeed, it happens in every single economy in the world, but today we are going to take the United States report as a sample. … [Read more...] about Retail Sales: Learn how to trade this economic indicator in Forex
Durable goods orders: How to trade in Forex
When it comes to talking about how to trade economic events in Forex, almost all traders and investors think about interest rates, inflation, and the famous nonfarm payrolls. However, the durable goods orders data has a significant value in the economic landscape of any country. Today, we are going to talk about durable goods orders, a well known economic report that due to … [Read more...] about Durable goods orders: How to trade in Forex
