Live Economic Calendar: Stay ahead of the competition

What’s a fundamental part of trading? Information!

A good trader keeps up with the most valuable indicators – and you can do it too with our economic calendar.

We’re talking about anything that affects stocks, foreign currency, and other assets – you’ll learn about the latest news on the economy, finance, and politics.

All three factors will impact your asset of choice – so you have to keep up with the news to avoid any surprises and losses.

What’s an economic calendar?

An economic calendar helps you find the latest events and most important news.

Learning about them will shape your future trades and help you make the most money possible.

The most important and famous traders use economic calendars to keep up with the world and its changes.

It’s common for forex traders – but other people can also use it for binary options, CFDs, digital options, and other financial instruments.

When should I use an economic calendar?

You can use our economic calendar as much as you want and whenever you want.

It helped many traders before (me included), and we hope it can help you too!

We have no restrictions on our economic calendar – and we welcome you anytime you want to take a look.

Don’t obsess over financial indicators. Use the information we provide to forecast what will happen. Consider all the data before pulling the trigger on a trade.

And don’t box yourself in when using the economic calendar. You can use it for binary options and forex trading – but you can also use it for digital options and other financial instruments.

Think of an economic calendar as a hammer. It’s one more tool in your toolbox! Use our calendar along with other things you have to build something great.

How to use an economic calendar

The best way to use an economic calendar is to keep up with trading news.

We recommend checking it regularly so you don’t miss out on any developments that may affect your financial position.

Why do you have to look at an economic calendar? Because data changes all the time – and news is constantly developing. For example, one downward trend forced the S&P500 to go down 30% in twenty-two days!

You can’t just look at an economic calendar, though. You have to understand what’s going on there.

You’ll find volatility, notation, and three other indicators in our economic calendar. We’ll talk about them down below.

What indicators will I find on an economic calendar?

Expected Volatility

This indicator is the most important. It’ll show you how much influence the event has on an asset or market.

That means high expected volatility can change the price of an asset (for better or worse) in little to no time.

And your entire trading portfolio may suffer if you check for changing volatility!

There’s a color scheme to help you understand the expected volatility of each item on the calendar.

• Transparent and green mean little to no volatility; for example, a European country changes how they calculate house prices.
• Yellow is for medium volatility; for example, South American countries introduce new soy regulations that may increase or decrease the value of that asset.
• Red is for high volatility; for example, war breaks out in the Middle East, and oil stocks tank or soar depending on what happens next. The Iraq-Iran war drove the price of oil by 100% in America!

Actual indicator

The actual indicator will show data affecting events or news related to the price of an asset or currency pair.

Why is this indicator important? Because it’ll help you make sense of what’s going on and how the news affects an asset.

It’ll show you why a piece of news is creating a change around the financial instrument you want to know.

Forecast indicator

A forecast indicator is a projection. It’s not a sure thing – but something that may happen in the future.

That doesn’t mean it’s a gamble or a wild prediction. It’s often very accurate because it depends on factual information we already have.

Then again, I trust few forecasts alone – because I always find that prior indicators help me figure out where assets are going.

Prior indicator

Prior indicators show how previous events affected an asset. I believe looking at the past will shine a light on the future – and even more so in finance.

Don’t underestimate the importance of this type of indicator!

The past often repeats itself in the future, and knowing how previous indicators shaped current events will help you understand what will happen next.

Conclusion

Now you know what an economic calendar is – and how to use it to make better trades!

Don’t worry too much if you don’t understand everything you see in the economic calendar – but keep using it because that’s the only way to learn!

Look at our blog posts and learn more about trading so you can better understand how to use this tool – and keep making money!