A Forex Newbie.what Is The Meaning Of Actual,forcast And Real.also How Are The Plus(+) And The Minus(-) Signs In Front Of These Fiures Interpeted In News Report?
u mean on front of FF?
Actual is the true result of the report, so the exact figure that has been announced.
Forecast is what this figure is predicted to be before its released, generally accurate but never 100% reliable.
Im not sure by what u mean real?
The + and - in green and red mean the impact the released result is supposed to have on the currency. So if its red and - it is bad for the currency, and green + means its good for currency.
But do not trade this exactly as it comes accross, because even though there can be positive news a currency can still weaken in value, vice versa for negative value (red).
An example was the recent negative interest drop here in the UK. Even though interest dropped 50 BPS, GBP was bullish and went up. On the FF calender it showed as a red - value, yet it stil went up, so dont take it for granted.
u mean on front of FF?
Actual is the true result of the report, so the exact figure that has been announced.
Forecast is what this figure is predicted to be before its released, generally accurate but never 100% reliable.
Im not sure by what u mean real?
The + and - in green and red mean the impact the released result is supposed to have on the currency. So if its red and - it is bad for the currency, and green + means its good for c
An example was the recent negative interest drop here in the UK. Even though interest dropped 50 BPS, GBP was bullish...
Ignored
Hai...i m ninjas..actualy..if the result..come out..and if we are click on the detail ikon..we can see Actual > forecast..good for currency..is that mean the currency movement will drop..if the currency at the quote side? and vice versa..? as you say ..even the result is good for the currency..sometimes..the movement not follow what the resault said..what happen did u know?) pls...comment..for the newbie..thanks a lot
This is a generalisation. It means if the Actual result is a higher Number than the Forecast Result, then it is good news for the currency and so you should expect the currency to gain in value.
But yes you are correct in saying that this is not always true. So if news is good for the currency you expect the currency to gain value, yet it instead can drop in value. Vice versa for Bad news.
Why is this?
Well many reasons can be given. Just know that there are banks and institutions that trade with Huge amounts of money and you are not in their interest. So they like to play games and tricks to try and make you loose money so they can earn money. You are out for yourself in the trading world, unless of course you come to forex factory.
Another point to make is that it can go opposite to what is expected because the news that has just been released has already been 'factored' into the current price. So the market has kind of anticipated the news and factored in the results all ready before the news even comes out.
Another thing id like to add is that I dont trade the news at all, so my advice is not golden. I make myself aware of the news for the currencys I trade but I dont really take too much notice, I just use technical analysys.
If you want to know how news effects the market - then look at the market. Looking at where people actually put their money is a much better measure of sentiment than second guessing what expectations were on some abstract economic theory. Even if you were to attempt to trade the news, getting this information from FF is way too late. I do not know why the servers here overload every time there is a hint of news coming out. The calendar gives a list of times to manage risk/close open trades/not trade and little else in my opinion.
hai its me again....so u mean we are at the eadge ( sorry if my spelling is wrong ) of information network...too late to react ( trade )..with FF..so any suggetion..where we can get the fast news resault?..thanks
If this discussion is still available, I am looking for a page which I can no longer locate on FF and wondering if someone could assist me with this. I'm wondering whether when the Actual is red, it represents a bad consequence, when it's green, a good outcome, and when it's black, it's neutral?
Ignored
What page you are looking for? Forex calendar with news? You can find it here https://www.forexfactory.com/,or here https://www.forexfactory.com/calendar
Green is better than expected, Red is worse, Black is neutral. If you are a short term trader, this information is useless.
No worries: its something that confuses a lot of beginners…
Actual: the number that really happened,
Forecast: what experts predicted would happen,
Previous/ Real: the last reported number for the same indicator.
The + /- signs just show if the number is higher/ lower than expected or compared to the previous figure.
+ means up/better than expected.
- means down/worse than expected.
So, for example: if GDP growth is +2% but was forecast at +1.5%,- that’s better than expected. If it’s -0.5% vs +0.2%, that’s worse.
