I usually go to forexfactory.com to review the economic calendar each day. Does anyone know if there is a faster news feed or website that would display announcements faster? By the way, on this site... "actual" results are either red or green which stands for worst than forecast or better than forecast. Then does this mean, red will always mean the market will be down and green will mean the market will be up?
You'd have to pay for a Bloomberg or Reuters subscription for that I'm afraid. Oh and of course yes, green ALWAYS means market up and red ALWAYS means market down. Trading is so simple!!!
so for example... when the Fed's increase interest rates... I presume this usually means the market go down... so even if the "actual" results are higher then the "expected" result in respect to interest rates, the "actual" result will be in red not green?
I hear ya...actually, i just went back and tried to correlate a few graphs to the data sput out from the economic calendar. It doesn't seem like the colors go hand in hand with the movement direction. One quick question, it says that today... St. Louis Fed President Poole Speaks --- 12:30 EST Does this mean there is suppose to be movement in the stock market at 12:30 EST.... or should it be minutes later after he speaks?
Well, if you look at the 1 minute chart for EUR/USD, you'd see some nice swings up and down for the last 30 minutes. Very nice, very tradable and I don't give a sh1t what the old geezer is saying.