generally we think by using only economic calendar there is a chance to bring good result during news , but the real situation is totally different , you need lots of sources besides this.
90% of the time, fx moved when there is no mention of anything in the economic forex calendar. 90% of what was mentioned on the economic forex calendar didn't move fx. good luck !
I prefer babypips' economic calendar. The calendar provides a macroeconomic view of the market. It is useful for both news traders as well as those who avoid news trading because of increased slippage during or after major economic events. Prior information about these events can guide traders in their decisions.
An economic calendar is one of the most important tools for forex traders. You can find economic calendars on forex trading sites. Use those calendars to plan your forex trades.
I didn’t know that all of these offer economic calendars. I have only used babypips' economic calendar so far and they work great for me.
I usually refer to the economic calendar on Fxview itself before placing the trades rather than wandering off for data.
economic calendar is pretty much all the same, usually I just go to investing to check. However, not all events on calendar are equally important so you need to know which one to look out for.
its very supportive for news traders , during news i always use Fx factory economic calandar which really supports to exact fundamental knowledge.
I don’t think there is a huge difference between these economic calendars. You can use one of them or any other but it’s necessary to review it once a day. It is helpful to see any economic event that could create market volatility for the pairs you are interested to trade.
the economic calendar can play a big role above all when news trading , generally i mostly use Fx Factory economic calendar that is really informative than others.