Forex Factory Economic Calendar Predictions
Hey guys, I was just curious if anyone knows, or can point me to information, on how the calendar here at FF is produced? As in where is the source material coming from and how is it all put together and weighted? Also, I would be willing to help FF do Fundamental Analysis if anyone can get me in contact with the people here who put the calendar together. Thanks in advance.
And another thing, where would you say the best currency strength meter is on the web? Iíve looked at a few with varying results. Iím wondering if any have been actually been back-tested against where price actually went? Thanks again.
I don't have the answer to your question but I have a somewhat related question about the completeness of the forexfactory calendar. For example, I noticed today that sometimes there are news events such as the following events that don't appear on the FF Calendar at all:
USDA WASDE Report - Link: https://www.myfxbook.com/forex-econo...0-2020/2438021
Baker Hughes US Oil Rig Count - Link: https://www.myfxbook.com/forex-econo...0-2020/2438022
CFTC JPY NC Net Positions - Link:https://www.myfxbook.com/forex-econo...0-2020/2438025
CFTC AUD NC Net Positions - Link: https://www.myfxbook.com/forex-econo...0-2020/2438023
All those news events are missing from the forexfactory.com Economic Calendar. Does anyone know why and who can we write to at forexfactory.com to ask a question about this. Do you know?
I think there's a classic approach here. Because all the information that is provided here can be found on thematic sites, forums, etc. They just do it for us, so we can safely not waste time looking for this data somewhere else. I think it's a great help to get analytical data. Because standard economic calendars are already weak tools that are no longer worthy of attention, at least not at all. But detailed reviews with accurate indicators, facts and figures are the basis for a basic competent investment portfolio. And this is real help and what can really be used in practice. I like it and it makes me feel grateful.
Currency rates are affected by market reactions to important information. The economic calendar contains a schedule of news releases relevant to the international market. Even those traders who prefer technical analysis use it in trading. This is due to the fact that at the moment of publishing important news there is often a surge of volatility.
Speeches of heads of central banks, release of fresh economic statistics - all this plays a huge role in the Forex market. Therefore, this information shouldn't be disregarded in any way. The economic calendar contains all this information in a structured and easy to read form. In addition, all events mentioned in it are marked according to their importance.
The economic calendar contains news that will appear during the next and subsequent trading sessions. It includes events that undoubtedly play an important role in financial markets. It is one of the first tools that a beginner trader needs to master.
It seems to me that all economic calendars are made in about one format. And in this forum the economic calendar is unlikely to be much different from the one that your broker has, or the website on which you watch the economic calendar.
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