Keep the most important dates in view
Why the economic calendar is important:
The economic calendar protects you from unpleasant surprises. Whether you are a day trader or swing trader, trading the DAX, Dow Jones, gold or oil.
For every trader it is advisable to have all important dates in view. This economic calendar shows in real time all important economic and business indicators that drive the global financial market.
The following indicators in the economic calendar are important for Forex Trading:
- interest rates
- consumer price index
- retail sales
- employment and unemployment figures
- Depending on the currency pair you are tracking, other indicators may also be important.