📅 How to Use the Economic Calendar
1. Understanding Event Importance: Events are marked with colored indicators - Red (High Impact), Orange (Medium Impact), Yellow (Low Impact). Focus on Red and Orange events for major trading decisions.
2. Time Display: All times are displayed in your local timezone. The calendar shows events for the next 7 days with clear date and time information.
3. Country Coverage: Events are filtered to show only major economies (US, EU, UK, Japan, Canada, Australia, Switzerland, New Zealand) for relevant forex trading.
4. Data Columns: View Actual, Forecast, and Previous values to understand market expectations and surprises that can move prices.
5. Real-time Updates: The calendar updates automatically with new events and revised data as they become available.
🎯 Event Legend & Symbols
Event Importance (Color Indicators):
- 🔴 High Impact: Major market movers (GDP, CPI, Interest Rates, Fed Events, NFP)
- 🟠 Medium Impact: Important indicators (Employment, Retail Sales, Home Sales, PMI)
- 🟡 Low Impact: Minor indicators (Consumer Confidence, Export Sales, Trade Balance)
Calendar Features:
- 📅 Date & Time: Local timezone display with clear scheduling
- 📊 Data Values: Actual vs Forecast vs Previous comparisons
- 🏦 Central Bank: Interest Rate Decisions and Policy
- 🌍 Countries: Major economies with flag indicators
❓ Frequently Asked Questions
Q: How often is the calendar updated?
A: The economic calendar is updated in real-time as new events are announced and data is revised by official sources. You'll see live updates as they happen.
Q: Why don't I see all countries?
A: We focus on major economies (US, EU, UK, Japan, Canada, Australia, Switzerland, New Zealand) that significantly impact forex markets. This ensures relevant, high-quality data for traders.
Q: What does the 7-day view show?
A: The calendar displays economic events for the next 7 days, giving you a comprehensive view of upcoming market-moving announcements and data releases.
Q: How do I read the Actual vs Forecast values?
A: Compare Actual results with Forecast expectations. When Actual differs significantly from Forecast, it often causes market volatility. Green values typically indicate positive surprises.
Q: Are the times accurate?
A: Times are automatically converted to your local timezone. However, always verify with official sources before trading as times may vary slightly.
💡 Pro Trading Tips
• Focus on High Impact: Prioritize Red (High Impact) events like NFP, CPI, GDP, and Central Bank decisions for major market moves.
• Watch for Surprises: Compare Actual vs Forecast values - significant deviations often cause strong price movements.
• Plan Your Week: Use the 7-day view to plan your trading strategy around upcoming events and avoid trading during high volatility periods.
• Risk Management: Reduce position sizes or avoid trading 30 minutes before and after high-impact events.
• Currency Pairs: Focus on events affecting your trading pairs - USD events for EUR/USD, GBP events for GBP/USD, etc.
• Multiple Sources: Always cross-reference with official government and central bank websites for confirmation.
⚠️ Important Disclaimer
This economic calendar is provided for informational purposes only. While we strive for accuracy, always verify data with official sources before making trading decisions. Forex trading involves substantial risk and may not be suitable for all investors. Past performance does not guarantee future results. Use proper risk management and never risk more than you can afford to lose.