The economic calendars offered byForex factory and Investopedia are also very subtle and easy to understand.
what a lousy hopeless outdated Forexfactory !!! look at today's China CPI economic data. It was coded as yellow (ie low impact). it should be coded red (high impact). today, Hangseng, China A50 moved massively. The whole world is talking about inflation. Yet the economic calendar creators are sleeping. There are also many other lousy economic calendars. But many bots like those economic calendars. __________________________
You should not be wholly dependent on a color code on an eco calendar to prep you for a potential move, but rather what the data that is being reported. China CPI and retail sales will always have a high impact on overnight moves in the markets, especially during a period of possible global recession. I mean, they ARE the second largest economy in the world.
It is always against my religion to say always Sarge, ANd you do make a hellofa good point. What kind of guy would ignore that highly possible heads-up as it were. Thumbs up https://www.elitetrader.com/et/threads/charts-for-no-reason.344272/page-25#post-5609680
Pretty sure you have completley lost your mind when you posted this 2 year gold chart with the annotations. I started having flashbacks to the Fabulous Furry Freak Bros. for some reason. https://www.elitetrader.com/et/threads/charts-for-no-reason.344272/page-25#post-5609847 Easymon, you are not right, in the head.
the best economic calendar is the Forex factory , from my first day of trading i have been using this . really informative