forex factory is the name of a popular forex trading online forum. The Forex Factory website is indeed a great resource for all categories of traders. Here you get to see traders and market players from the retail and occasionally from the institutional side of the market. The Forex Factory online forum also provides traders with several tools that are built to enable them profit from the market.

forex factory

Once a strategy is proven to be profitable, rinse and repeat. You do not wish to buy any product unless you understand all of the best details about its developer, right?

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Key Points Gold looks like trading near an important area, as there are crucial levels on … The Euro rose against the US Dollar on Wednesday, increasing the price of … T​here’s much more to ​ ​than ​just the forums. But this alone isn’t noteworthy – there are plenty of websites that offer ​price charts too. ​Every few hours, I check in on this ​dashboard to see if there are any new developments in the market. In the options panel, check the options as shown here, and click ‘Apply Settings’.

  • Once inside you can start a new journal by clicking on Start New Thread on the top right corner of the screen and start maintaining your ideas, charts, and other relevant information.
  • Not only that but you can become part of a community, make friends with traders and interact different trading ideas with one another.
  • CNY, EUR, GBP, USD. The rest are optional depending on what you trade – for example, if you trade JPY crosses then include JPY news events.
  • The Forex Factory website is indeed a great resource for all categories of traders.
  • It offers you a quick overview of the active sessions and the upcoming session, along with their start and end time.

Here, you​’ll find details of the event, and a record of previous data releases. ​In this guide, you will learn ​how to use this ​valuable ​website to​ ​help with your trading decisions. Research and acclimating to the language used is just the start.

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The jargon of any industry is important if you want to succeed in an industry that relies heavily on terminology for efficient communication. Crude oil prices varied sharply during trading today, Wednesday, coinciding with The release of US Energy Information Administration data… The world’s two most traded currencies are less than one penny away from reaching parity for the first time since 2002. On Monday, the euro exchange rate was down 0.9% to $1.009. And over the last 12 months, the euro has fallen 15% against the dollar. Compared to the European Central Bank, the Federal Reserve has been hiking interest rates at an aggressive …

forex factory

It will eventually help you to take the necessary steps and create the strategy accordingly using the calculator. The first step is accessing the forex factory economic calendar though clicking the Calendar tab. The forex factory calendar tab will give you all the past news events and the upcoming events with the ongoing ones. CFDs and trading in forex on margin, carries with it significantly high levels of risk and might not be compatible for all the investors. It is possible to lose some or all of your money and investment. Practice caution and see financial advice when unsure because what we offer here is NOT financial advice. We provide objective and unbiased reviews, analysis and commentary.


These types of tools play a vital role in providing accurate signals that help traders place their trades at the right time and with the right direction towards profit or loss. Further, dotbig review EA also minimizes the risk involved in the trades by predicting the fluctuations within the time period set for carrying out transactions. Further, the forex factory platform website also provides real-time market quotes via their streaming charts which are an excellent tool for conducting technical analysis of financial markets. All in all, it is a very useful site for novice and professional traders alike. One should always remember that there are no fixed or guaranteed results using the forex factory indicators for MT4. Traders who manage success are those who take risks and work hard day and night towards achieving their goals.

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You can not deny the reality that Forex Trendy comes with a lot of remarkable features that can make Forex trading much easier. We were able to work out five advantages for traders in the forum in this regard and would like to briefly discuss each of them. On the one hand, the forum naturally serves to discuss current market events together. In addition, general questions about the platform or about trading Forex can be discussed in the forum. The advantage that traders can learn from each other should not be forgotten.