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colonial dr

Registered: Aug 2012
Posts: 294

08-11-12 07:31 PM

I've been using Econoday which is free, however the yellow and red stars are not the best for indicating which pieces of news are important.

Is there a news source that indicates the importance of each piece of news accurately?

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chaykapwr

Registered: Mar 2009
Posts: 561

08-11-12 07:33 PM

I really like forexfactory.com its more comprehensive and it includes a lot of international news releases which econoday doesnt

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Zr1Trader

Registered: Dec 2010
Posts: 1538

08-11-12 08:36 PM

+1 for forexfactory news calander.

They have a high, medium and low impact indicator for each news item coming up.

Also, For free breaking news twitter is pretty quick to the punch if you follow the right sources.

That being said, Price is still king , a lot of times you'll see a spike and then find out what the breaking news/rumor is after the fact.

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southbeach4me

Registered: Jun 2009
Posts: 883

08-11-12 09:04 PM

Unfortunately, the econ calendar at forexfactory.com has a habit of spitting out the data late bcuz their servers freeze up during peak econ news times.

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Zr1Trader

Registered: Dec 2010
Posts: 1538

08-11-12 09:07 PM

Quote from southbeach4me:

Unfortunately, the econ calendar at forexfactory.com has a habit of spitting out the data late bcuz their servers freeze up during peak econ news times.

Yes true, this has happened a couple times to me also. I guess I never cared for what the numbers actually are , I just care to know when the news will hit the tape.

@zerohedge on twitter will spit the numbers out right after the fact if people get froze up at FF.

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colonial dr

Registered: Aug 2012
Posts: 294

08-11-12 10:56 PM

Forex factory looks good for the past, but I was wondering if there was a source that could measure the impact ahead of time -or if forex factory already does this?

Econoday does the yellow red star, but they seem to be very crude.

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