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How to use XM's economic indicators calendar and what to look out for!

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In this article.XMThis section explains how to use and what to look out for in the economic indicators calendar of the

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How to use the XM economic indicators calendar

XM official websiteaccess

XM official websiteAccess to.

Access the XM official website and click [Learn FX] on the home page.

Once on the official website, click [Learn Forex] on the home page.

Click [Learn FX] on the home screen and select [Economic Indicator Calendar].

On the home screen, click Learn Forex and select Economic Indicators Calendar.

When you enter the Economic Indicators Calendar page, you will see the following image.

Select the display time

When nothing is set, the time in the country of the display language is automatically displayed.

If you want to keep the language but change only the time to a different country, you can change the time zone by clicking Current time.

Select the date to be displayed

You can choose when to display information from [yesterday], [today], [tomorrow] and [this week].

You can also click on the [Calendar icon] to select multiple dates to be displayed in the calendar, or to view information from before yesterday.

Filter to select information

[Filter].

You can select [Country], [Category] and [Importance] for the indicators displayed in the filter.

Select [Filter] and then [Country].

[Select Filter and then Country.

Select a category

The checked categories will be displayed.

Select the level of importance

Only indicators of checked importance will be displayed.

The fewer the cattle marks, the less important they are.

Finally, click Apply and the selected filter will be reflected in the indicator calendar.

Show detailed information

Click on an issue to view [Overview], [Charts], [History], etc.

Here you can click on [Overview], [Charts], [History], etc. to view them.

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Notes on the economic indicators calendar.

Beware of fluctuations immediately before the announcement.

The timing of the release of such economic indicators is extremely volatile for exchange rates.

It is important to note that this fluctuation does not only start when the announcement is made [but also just before it is made].

As those who have experienced this will know, do they check each other? The fluctuations start even before the announcement.

Pay close attention to the price well in advance, about a minute before it is published.

Don't take the forecast figures for granted

Each economic indicator has a forecast value. These are published based on data compiled by economic analysts.

Basically, exchange rate fluctuations are often considered as increases or decreases from this forecasted value.

 

If you are not sure how high or low it will be, check published data based on these predictions.

And it should be noted that this predicted value is, of course, not always true.

Do not take these estimates on faith, as they can be painful.

Don't trade high out of the blue.

You will get a feel for which economic indicators have what level of influence after a number of experiences.

Therefore, in the beginning, do not overdo it and start with small amounts and concentrate on getting a feel for it.

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summary

This article explains how to use and what to look out for in the XM economic indicators calendar.

XMwellCompletely free demo account versionis available, so you can try it out risk-free.

Also, XM is giving away a $30 trading bonus to anyone who opens a new account!For more information, visit the official website atPlease check from the following links.

↓arrow (mark or symbol)

Click here for the official XM website.
*Now we're giving away a $30 bonus!

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