Economic Calendar is used for every trader on watching and predicting where is the price movement with the news factor impac (high, medium, low). The most important news are with impact high and medium. But mostly medium is not significantly move the price too far.
There are many forex news provider on the internet just like Investing.com, Forex Factory, MyFxBook, etc.
In my page, i’m using Investing.com because I also the member on that site.
The most important this for reading the news are:
- Never trade any second before the news exist.
- Never trade when the news affecting the price on time, trade after 3 minutes or 5 minutes after news impact.
- Beware of open position when the news impact is coming.