The beginner's guide to FX trading
The ISM Manufacturing Survey is used as an economic indicator of the market. It is felt that this survey is very important in determining what the market is likely to do, and it is published by the Institute for Supply Management, on a monthly basis. The report will indicate information from the previous month
The Employment Situation Report is released on a monthly basis. You’ve probably heard people call it by...
Industrial Production and Capacity Utilization (IPCU) is a measure of economic activity, released on a...
The ADP National Employment Report provides a monthly snapshot of U.S. nonfarm private sector employment...
The Philadelphia Federal Index (also known as the Philadelphia Fed Index or the Business Outlook Survey) is...
The ISM Non Manufacturing Survey provides for a detailed look at the economy from a non manufacturing...
Like any high-performance endeavor, how traders process information is important in acquiring expertise. Are you mixing up information that you think are relevant to your trades?
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Do you want to learn how to make all the money you just deposited in your trading account quickly vanish?
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I’ve been getting a lot of questions about the basic economic reports and how they can affect forex price action. Here’s a list of the common ones that you should at least know about!
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Net losing week for USD as traders priced in uncertainty with the latest U.S. government stimulus package, improving global economic data, & lots of mixed commentary from Fed officials.
Read MoreIf the only tool you have is a hammer, you tend to see every problem as a nail.Abraham Maslow