Reliability of economic calendar forecasts? | Forex Factory

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Reliability of economic calendar forecasts?

  • #1
  • First Post: Feb 12, 2015 11:22am Feb 12, 2015 11:22am
I just wanted to prepare for trading the CAD Manufacturing tomorrow, 13Feb 2015. Previous number is -1.4%

As forecasts I found 0,8% (Forexfactory), 0,9% (dailyfx), -0,9% (investing), 1% (myfxbook), 0% (forexpeacearmy).

I mean I know that different analysts come to different conclusions, but the economic calendars take an average of many analsysts. But from -0,9% to 1,0% ?! Are those guys that punch in those numbers all drunk or what?!
There is no Broker SL hunting, if your broker is non-dealing-desk.
  • #2
  • Feb 12, 2015 9:15pm Feb 12, 2015 9:15pm
Investing.com has same numbers as rueters or Bloomberg last time I checked.
  • #3
  • Last Post: Feb 14, 2015 11:55pm Feb 14, 2015 11:55pm
Quoting AgatheBauer
I just wanted to prepare for trading the CAD Manufacturing tomorrow, 13Feb 2015. Previous number is -1.4% As forecasts I found 0,8% (Forexfactory), 0,9% (dailyfx), -0,9% (investing), 1% (myfxbook), 0% (forexpeacearmy). I mean I know that different analysts come to different conclusions, but the economic calendars take an average of many analsysts. But from -0,9% to 1,0% ?! Are those guys that punch in those numbers all drunk or what?!
There is your cue then. They are not reliable at all. Try other indicators like signals and your own two eyes with the charts. All the very best.
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