Land-FX 100% Deposit Bonus celebrating UK’s FCA License!

Exclusive offer by Land-FX, 100% Deposit Bonus.

Land-FX to be offering “100% Deposit Bonus” celebrating its “UK FCA” Financial License.

This is a pre-announcement as Land-FX is going to release full information on 16th of June, 2016.

NZ and UK regulated Land-FX

Land-FX used to be regulated by FMA, which is an official Financial license in New Zealand.

One thing you need to know about this NZ Financial License is that, many brokers which seem to provide financial service from New Zealand, only claims to be registered by FSPR in New Zealand.

And many online Forex & CFD brokers show it as its official financial license in New Zealand.

But, FSPR is just an online company registration in New Zealand and number of companies are believed to be registering their FSPR with virtual office which they have paid for some agencies in New Zealand.

So if you find an online Forex and CFD broker, which advertise their brand as FSPR regulated, but not FMA.

Then the broker may not really have their office in New Zealand nor regulated by any Financial Authorities.

But Land-FX is different.

Land-FX has been regulated and officially authorized to provide financial services by FMA in New Zealand.

Along with the NZ Financial License, Land-FX has announced that the broker has also acquired Financial License, FCA this June, 2016.

The company which has acquired the FCA license is “Land-FX UK Ltd” in United Kingdom.

Please note that the broker “Land Prime Ltd” in New Zealand, which is mainly active recent years, is a different entity from this one.

Anyway, as UK’s FCA license is not a financial license which is easy to have for any brokers, Land-FX has proven to have decent business running toward all over the world.

Arbitrage is prohibited

Although, it is a great promotion to run 100% Deposit Bonus, that is also because Land-FX used to offer only 30% Deposit Bonus or other promotions with less amount available.

But although the broker is running brokerage business as a STP/ECN broker, which means that Land-FX does not manipulated prices nor interfere clients’ orders at anytime, the broker does prohibit “Arbitrage” tradings.

The type of arbitrage tradings which are mainly prohibited are:

  • Arbitrage trading abusing bonus promotions
  • Arbitrage trading to give advantages to yourself by the differences of Swap Points
  • Latency Arbitrage especially on CFDs

But you are allowed to trade many other trading methods, such as:

  • Scalping
  • News Time Trading
  • EAs/Algorithm Trading
  • APIs
  • Trailing Stops

As there are many precedence before, if Land-FX finds that you are trading arbitrage or any other illegal activities, then your profit may be cancelled partially or totally.

It you haven’t decided, then Why not Land-FX?

A broker which is regulated by two major financial Regulatory Authorities, FMA in New Zealand & FCA in United Kingdom, can be on reason to choose them as your broker.

The number of well-known accreditation, shows how their service is.

You can also securely deposit and safely manage your funds with Land-FX, as all your funds are deposited into segregated account which is separated from the funds for the normal operation of Land-FX, and Land-FX UK Ltd is a member of FSCS which is available for compensating up to 75,000 GBP in case Land-FX has failed to meet its obligations to its clients.

Land-FX is goring rapidly and acquiring more and more markets around the world.

It may not be a bad choice to choose them as your broker.

Exclusive! XM offers $30 for free & 100% Deposit Bonus

XM, an Online Forex and CFD broker which seems to be really acquiring the large part of the Forex market, wouldn’t be simple bad choice to be your broker.

With its many positive reviews, the broker is also building its steady operational system and good reputation.

If you are interested in the quality of XM but still hesitating to open accounts, I have written how XM is superior than others in some points later in this article.

But first, let me introduce 3 exclusive bonus promotions offered by XM.

Following the below 3 steps, you can earn maximum benefits from the promotions.

xm.com official website main page

30 USD “No Deposit Bonus”

This bonus is the first step to start trading with XM.

This bonus promotion is run by XM at all times and available to any clients who sign up with XM.

Generally, you can receive this 30 USD from XM only one time for free.

The amount 30 USD is not available for withdrawal but you can withdraw the profit amount made on the bonus amount.

You can trade with the high leverage 1:888, so it wouldn’t be the hardest thing to make profits even it is only $30.

How to receive the bonus?

1, Register with XM from the official website

You will need to open Demo or Live account in order to register with XM.

2, Verify your trading account with documents

You will need to submit a copy of your ID and Proof of your Address. It may take about 24 hours or more for XM to verify your documents.

3, Request for the Free 30 USD from the “XM Member’s Page”

After the verification of your trading accounts, you will have an option to receive 30 USD.

4, Start trading with XM’s funds and earn profits

Profits can be withdrawn into your pocket!

Some main conditions are as follows:

Amount of the Bonus 30 USD or 25 EUR
Requirement to receive Verify your account with documents
Bonus Amount Withdrawal Not Available
Profit Amount Withdrawal Available at anytime

Find out more

100% Deposit Bonus

After receiving the Free 30 USD, if you have decided to continue your trading with XM, you will need to make a deposit.

But please do not forget to receive this Exclusive “100% Deposit Bonus”!

*This promotion is not listed in the XM Official Website.

The bonus amount is up 500 USD by just doubling your deposit amount.

This is a “100% Deposit Bonus”, so you can double up your deposit amount up to 500 USD.

If the deposit amount exceed 500 USD, 20% bonus will be applied on the exceeded amount.

How to receive the bonus?

1, Open a real/live trading account with XM

You cannot receive the bonus on Demo account.

2, Verify your trading account

You need to submit a copy of your ID and a Proof of Address Document, to XM via email.(or you can also send documents from the XM’s Members Area)

3, Make a deposit and request for the “100% Deposit Bonus” to XM

Please make sure to notify XM that you are not looking to receive other deposit bonus, but the Exclusive 100% Deposit Bonus.

Some main conditions of the bonus:

 Bonus Category Exclusive Offer(Not listed in the official website)
 Maximum Bonus Amount 500 USD
 Requirement to Receive Verficication of account and Deposit
 Profit Amount Withdrawal Available at anytime
 Bonus Amount Withdrawal Not Available

Find out more

Forex Demo Trading Championship to win 1 million dollars

xm-championship-1-million

This may be the most gorgeous “Risk Free” Forex Trading Contest with awards of “1 million dollars” in total.

Why it is the most “gorgeous”?

Because the awards are “1 million USD in total” & “these cash awards are withdrawable immediately”.

XM maybe the only one broker where you can trade virtually in MT4 Demo Trading Account and the real cash money as awards which are available for withdrawal without conditions.

The details of the Demo Trading Contest

Contest Period 1st of June in 2016 – 19th of May in 2017
Number of Contest 12 times during the year
Who can join? Anyone who can open the Demo account on the web
The total award amount  1 million USD
Monthly award amount 50,000 USD
Contest Fees None
Cash Award Withdrawal Available at anytime
Where to sign up?  Go to XM Official Website

Find out more

Conditions to fund withdrawals?

If you are a Forex trader especially addicted to Profits you can earn by receiving Bonuses, you must know about “withdrawal conditions”.

Well, XM’s these 3 bonus promotions, I just introduced have got different withdrawal conditions.

1, 30 USD No Deposit Bonus

The bonus amount 30 USD is not available withdrawal, but the profits made on the bonus is withdrawable.

2, 100% Deposit Bonus

The bonus amount up to 500 USD is not available for withdrawal even if you make trades, but the profit amount generated on the bonus is withdrawable.

3, 1 million Demo Trading Championship

The awards in total “1 million” is available for withdrawal. So you become one of the top traders, you earn real cash money to your pocket.

The contest is available for a whole year, and monthly.

XM, at your service.

Other than these bonuses, you may want to know how XM is better than others.

Let me point out some points to explain “Why should you choose XM?”.

  • Higher Leverage

XM offers leverage up to 1:888, and it is higher than many other online Forex brokers’.

The average leverage is around 1:400 to 500.

By trading with higher leverage, you can also leverage your opportunities to earn more profits.

  • Stable good positive reputation

For an online Forex broker with 7 years of operation, XM has surprisingly low number of negative complains.

It proves the quality of its customer service and and how stable its trading environment is.

  • Trade from 0.001 lot

There are not so many brokers you can trade from super mini lots unit.

Through XM’s Micro account, you can place orders from 0.001 lot. 0.001 lot equals to 100 units(or 100 dollars).

That minimum trading size is so small that, even MT4 sometimes is unable to show the profit/loss values.

The risk management doesn’t start from leverage deduction, it starts from the risk exposure with your open position.

As many traders already know, you can normally trade from 0.01 lot with other Forex brokers.

  • The number of clients

XM has achieved to have more than 500,000 in this 7 years.

The number is not really small comparing to other online brokers.

For your information, only one out of many largest Japanese Forex brokers has achieved to have more than 500,000 clients this month(June in 2016) for over 15 years of operation. (and aquisitions)


Like I said, you may not be able to find a perfect Forex broker though, you can find a better ones out of many.

And XM shouldn’t be a worse choice.

If you are looking to trade Forex and haven’t decided your broker, why not open an account with XM and start earning some free stuff?

Go to XM Official Website

Enjoy free money campaign! FBS giving away 123 USD for Forex Trading!

Looking to invest your money to Forex? Well, let’s start with this.

 

Free stuff is always good, there is no demerit on that because it is free!

If you are looking to start investing to Forex, Stock or Commodities, you should definitely join this promotion.

  • How much do you need for the investment?

Zero, you do not need to deposit any money to start trading.

  • What is the risk? what can you lose by this investment?

Nothing, as 123 USD is provided for you from FBS. Well, time is something you could consider to lose though…

Let us explain the details of the promotion, because you wouldn’t miss this opportunity.

Who is FBS?

fbs

FBS is an online Forex & CFD broker which is active since 2009.

It is one of the biggest Financial Broker in the world based in Belize, and FBS achieved to have more than 1 million traders registered in 7 years.

By opening a trading account with FBS, you can trade Forex currency pairs and Precious Metals.

  • How to trade Forex and Metals on the web?

Well you may want to trade and learn by yourself, rather than just reading some trading manuals.

With FBS, you can trade through MT4(MetaTrader4) the most famous trading platform in the world.

You can either start trading with the free real money 123 USD, or MT4 Demo account with virtual money.

*If you are interested in the service quality of FBS, you can read the reviews from this page.

What is this “$123 No-Deposit Bonus”?

This FBS 123 USD No Deposit Bonus is the ultimate Forex Promotion ever launched.

As $50 No Deposit Bonus has been the common amount among Forex brokers, 123 USD is surely exceptional.

And not just the amount of the bonus, FBS also offers the highest leverage in the world, 1:3000.

So combining 123 USD No Deposit Bonus & 1:3000 Leverage, it should be the hardest thing to do for you to start making profits.

  • What is this 1:3000 leverage?

unbelievable-leverage-of-13000-at-fbs-minnade

The average leverage in the Forex industry is around 1:500 or less, but the FBS’s leverage 1:3000 is the highest in the world & in the history.

This leverage means that you can trade 3000 times more of the actual account balance.

e.g. If you have 1 USD in your account balance, you are able to place a trade which is worth 3000 USD.

In the case of FBS, you can trade which is worth 369,000 USD by joining this “$123 No Deposit Bonus”.

How does it feel to invest 369,000 USD which is not your money, for free?

Well, who wouldn’t give it a try?

How to receive the bonus?

All process from the account opening, deposit, trading and withdrawal is made on the web.

The account opening process is quite simple.

1. Go to FBS Account opening page

2. Select “Bonus $123” account type, and fill in other boxes.

fbs bonus 123 usd account

3. By clicking on the “open an account”, the account will be opened immediately though, please make sure that you have saved all account information with you before closing pages.

4. Now you have got the Trading Account Login Credentials, all you need to do after this is download the MT4 (the Forex Trading Platform) and login.

  • So where do you receive the 123 USD?

It is already in the account. All “Bonus $123” account, will have its first account balance as 123 USD and it is all yours.

*But please remember that you can only receive this 123 USD one time and the 123 USD is available only for 7 days from the account opening.

Is it risky?

By receiving this 123 USD and start trading Forex, you can’t lose your own funds nor any extra costs or fees for that.

All you will need is just the time for the experience.

It is totally free of charge and risk-free, guaranteed!

  • So what is the merit for FBS by giving away their money?

Well, we have said that it is totally free to receive, but there is one condition for withdrawing funds to your bank account.

Yes, the 123 USD is available for Forex trading, but you cannot just transfer the money into your pocket.

You must trade with the money, or it will be gone in 7 days anyway.

Still FBS is giving it away to traders for free, so no one wouldn’t miss this chance.

This is the great opportunity for everyone to get to know Forex.

Go to FBS Official Website

ZuluTrade: Social Copy Trading for Forex and CFD Market

As part of its strategy to provide unmatched and world-class trading environment, ZuluTrade invests in new and exciting ways for their clients to trade financial markets through an open and transparent environment.

Social trading is one of the newest trends in financial markets where people can connect, interact, discuss and profit in a real-time on a community focused trading environment. By linking traders from all over the world into one big network, social trading empowers traders to use each other’s skills to trade smarter together, and that collective wisdom can take your trading to a level you never thought possible before.

ZuluTrade’s social trading network works on several levels, enabling you to utilize social trading as it suits you. Whatever your financial investment goals or style, social trading is sure to enrich your trading experience.

Watch

The most basic function of the social trading network is to bring you live feeds of trading activity. How does that benefit you? Information is power, and staying informed about what other traders are doing gives you valuable insight into market trends, innovative strategies and trading ideas.

Follow

Naturally, you would probably be more interested in looking at certain traders’ market activity more than others’. You can do so by choosing to “Follow” the traders that you find more interesting. You can also get more information on each trader and even get in touch with them in person through their personal profiles. If you’re not sure which traders you want to follow, use the Top Traders rankings or search the network according to your preferences.

Copy

The most direct way to benefit from social trading is to copy. If you spot a particularly promising trade in the live trading feeds or in a trader’s personal profile you can quickly open the same trade by clicking on “Copy”. However, if you spot a trader who’s consistently profitable it’s much easier to use the “CopyTrader” feature to start copying their trades automatically. In fact you can even dedicate your entire account to recruiting traders to trade for you through the CopyTrader, building what we call a “social-trading” portfolio!

ZuluTrade Official Website

How to Identify the Price Trend? -Learning Center-

Online Forex Trading – Using Indicators to Identify Trends

Of the many market sayings thrown around by traders, perhaps none is more overused and less understood than the old adage ‘the trend is your friend’. All too often, the phrase is used after a trader has taken a counter-trend position and subsequently been stopped out at a loss. Remorse sets in at this point and most traders kick themselves not only for having lost on a counter-trend trade, but also for not having caught the latest move in the trend itself.

To avoid this all too common scenario, we will suggest using several technical tools to identify whether or not a foreign currency exchange trend is in place and then use additional indicators to help maximize trading profits. Having a strategy in place to identify trends is essential to successful trading in any market, but especially so in the case of the forex markets. Currencies have a greater tendency to move in trending fashion due to the longer-term macroeconomic elements that drive exchange rates, such as interest rate cycles or global trade imbalances. Currencies are also pre-disposed to short-term, intra-day trends, with a forex rate changing due to international capital flows reacting in unison to day-to-day economic and political news.

Identifying the Trend

In its most basic sense, a trend is simply a prolonged market movement in one general direction, either up or down. From a traders’ perspective, though, that simple definition is so broad as to be relatively meaningless. A more relevant definition of a trend useful for online forex trading would be one where a trend is defined as a predictable price response at levels of support/resistance that change over time. For example, in an uptrend the defining feature is that prices rebound when they near support levels, ultimately establishing new highs. In a downtrend, the opposite is true-price increases will reverse as they near resistance levels, and new lows will be reached. This definition reveals the first of the tools used to identify whether a trend is in place or not-trendline analysis to establish support and resistance levels.

Trendline analysis is often underestimated because it is perceived as overly subjective and retrospective in nature. While both criticisms have some truth, they overlook the reality that trendlines help focus attention on the underlying price pattern, filtering out the noise of the market. For this reason, trendline analysis should be the first step in determining the existence of a trend. If trendline analysis does not reveal a discernible trend, it’s probably because there isn’t one.

Trendline analysis is best employed starting with longer timeframes (daily or weekly charts) first and then carrying them forward into shorter timeframes (hourly or 4-hourly) where shorter-term levels of support and resistance can then be identified. This approach has the advantage of highlighting the most significant levels of support/resistance first and less important levels next. This helps reduce the chances of following a short-term trendline break while a major long-term level is lurking nearby.

Another technical tool that can be deployed to verify the existence of a trend is the directional movement indicator system (DMI), developed by J. Welles Wilder (see Wilder, New Concepts in Technical Trading Systems, c. 1978). Using the DMI removes the guesswork involved with spotting trends and can also provide confirmation of trends identified by trendline analysis. The DMI system is comprised of the ADX (average directional movement index) and the DI+ and DI- lines. The ADX is used to determine whether or not a market is trending (regardless if it’s up or down), with a reading over 25 indicating a trending market and a reading below 20 indicating no trend. The ADX is also a measure of the strength of a trend–the higher the ADX, the stronger the trend. Using the ADX, traders can determine whether or not there is a trend and thus whether or not to use a trend following system.

As its name would suggest, the DMI system is best employed using both components. The DI+ and DI- lines are used as trade entry signals. A buy signal is generated when the DI+ line crosses up through the DI- line; a sell signal is generated when the DI- line crosses up through the DI+ line. (Wilder suggests using the “extreme point rule” to govern the DI+/DI- crossover signal. The rule states that when the DI+/- lines cross, traders should note the extreme point for that period in the direction of the crossover (the high if DI+ crosses up over DI-; the low if DI- crosses up over DI+). Only if that extreme point is breached in the subsequent period is a trade signal confirmed.

The ADX can then be used as an early indicator of the end/pause in a trend. When the ADX begins to move lower from its highest level, the trend is either pausing or ending, signaling it is time to exit the current position and wait for a fresh signal from the DI+/DI- crossover.

The Trend is Your Friend

Profiting from market trends is the essence of making the trend your friend. The first step to profiting from both short- and long-term trends is understanding what constitutes a trend and knowing how to identify them.

The next step is employing a disciplined trading strategy that is specific to trends. A conscientious approach utilizing trendline analysis, the DMI system, and the parabolic indicator should help traders make more friends of market trends.

The list of Important Economic Data -Learning Center-

General information regarding major economic indicators

When focusing exclusively on the impact that economic indicators have on price action in a particular market, the foreign exchange markets are the most challenging, and therefore, have greatest potential for profits of any market. Obviously, factors other than economic indicators move prices and as such make other markets more or less potentially profitable.
But since a currency is a proxy for the country it represents, the economic health of that country is priced into the currency.

One very important way to measure the health of an economy is through economic indicators. The challenge comes in diligently keeping track of the nuts and bolts of each country’s particular economic information package. Here are a few general comments about economic indicators and some of the more closely watched data.

Most economic indicators can be divided into leading and lagging indicators

  • Leading indicators are economic factors that change before the economy starts to follow a particular pattern or trend. Leading indicators are used to predict changes in the economy.
  • Lagging Indicators are economic factors that change after the economy has already begun to follow a particular pattern or trend.

Major Indicators

The Gross Domestic Product (GDP)

The sum of all goods and services produced either by domestic or foreign companies. GDP indicates the pace at which a country’s economy is growing (or shrinking) and is considered the broadest indicator of economic output and growth.

Industrial Production

It is a chain-weighted measure of the change in the production of the nation’s factories, mines and utilities as well as a measure of their industrial capacity and of how many available resources among factories, utilities and mines are being used (commonly known as capacity utilization). The manufacturing sector accounts for one-quarter of the economy. The capacity utilization rate provides an estimate of how much factory capacity is in use.

Purchasing Managers Index (PMI)

The National Association of Purchasing Managers (NAPM), now called the Institute for Supply Management, releases a monthly composite index of national manufacturing conditions, constructed from data on new orders, production, supplier delivery times, backlogs, inventories, prices, employment, export orders, and import orders. It is divided into manufacturing and non-manufacturing sub-indices.

Producer Price Index (PPI)

The Producer Price Index (PPI) is a measure of price changes in the manufacturing sector. It measures average changes in selling prices received by domestic producers in the manufacturing, mining, agriculture, and electric utility industries for their output. The PPIs most often used for economic analysis are those for finished goods, intermediate goods, and crude goods.

Consumer Price Index (CPI)

The Consumer Price Index (CPI) is a measure of the average price level paid by urban consumers (80% of population) for a fixed basket of goods and services. It reports price changes in over 200 categories. The CPI also includes various user fees and taxes directly associated with the prices of specific goods and services.

Durable Goods

Durable Goods Orders measures new orders placed with domestic manufacturers for immediate and future delivery of factory hard goods. A durable good is defined as a good that lasts an extended period of time (over three years) during which its services are extended.

Employment Cost Index (ECI)

Payroll employment is a measure of the number of jobs in more than 500 industries in all states and 255 metropolitan areas. The employment estimates are based on a survey of larger businesses and counts the number of paid employees working part-time or full-time in the nation’s business and government establishments.

Retail Sales

The retail sales report is a measure of the total receipts of retail stores from samples representing all sizes and kinds of business in retail trade throughout the nation. It is the timeliest indicator of broad consumer spending patterns and is adjusted for normal seasonal variation, holidays, and trading-day differences. Retail sales include durable and nondurable merchandise sold, and services and excise taxes incidental to the sale of merchandise. Excluded are sales taxes collected directly from the customer.

Housing Starts

The Housing Starts report measures the number of residential units on which construction is begun each month. A start in construction is defined as the beginning of excavation of the foundation for the building and is comprised primarily of residential housing. Housing is very interest rate sensitive and is one of the first sectors to react to changes in interest rates. Significant reaction of start/permits to changing interest rates signals interest rates are nearing trough or peak. To analyze, focus on the percentage change in levels from the previous month. Report is released around the middle of the following month.

How Forex Prices and Economic Data are related?-Learning Center-

Understand what particular aspect of the economy is being revealed in the data. For example, you should know which indicators measure the growth of the economy (GDP) vs. those that measure inflation (PPI, CPI) or employment (non-farm payrolls). After you follow the data for a while, you’ll become very familiar with the nuances of each economic indicator and what part of the economy they are measuring.

Not all economic indicators are created equal. Well, they might’ve been created with equal importance but along the way, some have acquired much greater potential to move the markets than others. Market participants will place higher regard on one stat vs. another depending on the state of the economy.

Know which indicators the markets are keying on. For example, if prices (inflation) are not a crucial issue for a particular country, inflation data will probably not be as keenly anticipated or reacted to by the markets. On the other hand, if economic growth is a vexing problem, changes in employment data or GDP will be eagerly anticipated and could precipitate tremendous volatility following their release.

The data itself is not as important as whether or not it falls within market expectations. Besides knowing when all the data will hit the wires, it is vitally important that you know what economists and other market pundits are forecasting for each indicator. For example, knowing the economic consequences of an unexpected monthly rise of 0.3% in the producer price index (PPI) is not nearly as vital to your short-term trading decisions as it is to know that this month the market was looking for PPI to fall by 0.1%. As mentioned, you should know that PPI measures prices and that an unexpected rise could be a sign of inflation. But analyzing the longer-term ramifications of this unexpected monthly rise in prices can wait until after you’ve taken advantage of the trading opportunities presented by the data. Once again, market expectations for all economic releases are published on various sources on the Web and you should post these expectations on your calendar along with the release date of the indicator.

Don’t get caught up in the headlines. Part of getting a handle on what the market is forecasting for various economic indicators is knowing the key aspects of each indicator. While your macroeconomics professor might have drilled the significance of the unemployment rate into your head, even junior traders can tell you that the headline figure is for amateurs and that the most closely watched detail in the payroll data is the non-farm payrolls figure. Other economic indicators are similar in that the headline figure is not nearly as closely watched as the finer points of the data. PPI for example, measures changes in producer prices. But the stat most closely watched by the markets is PPI, ex-food and energy. Traders know that the food and energy component of the data is much too volatile and subject to revisions on a month-to-month basis to provide an accurate reading on the changes in producer prices.

Speaking of revisions, don’t be too quick to pull that trigger should a particular economic indicator fall outside of market expectations. Contained in each new economic indicator released to the public are revisions to previously released data. For example, if durable goods should rise by 0.5% in the current month, while the market is anticipating them to fall, the unexpected rise could be the result of a downward revision to the prior month. Look at revisions to older data because in this case, the previous month’s durable goods figure might’ve been originally reported as a rise of 0.5% but now, along with the new figures, is being revised lower to say a rise of only 0.1% Therefore, the unexpected rise in the current month is likely the result of a downward revision to the previous month’s data.

Don’t forget that there are two sides to a trade in the foreign exchange market. So, while you might have a great handle on the complete package of economic indicators published in the United States or Europe, most other countries also publish similar economic data. The important thing to remember here is that not all countries are as efficient as the G7 in releasing this information. Once again, if you are going to trade the currency of a particular country, you need to find out the particulars about their economic indicators. As mentioned above, not all of these indicators carry the same weight in the markets and not all of them are as accurate as others. Do your homework and you won’t be caught off guard.

How Economic News affect Forex? -Learning Center-

Economic indicators are snippets of financial and economic data published by various agencies of the government or private sector. These statistics, which are made public on a regularly scheduled basis, help market observers monitor the pulse of the economy. Therefore, they are religiously followed by almost everyone in the financial markets. With so many people poised to react to the same information, economic indicators in general have tremendous potential to generate volume and to move prices in the markets. While on the surface it might seem that an advanced degree in economics would come in handy to analyze and then trade on the glut of information contained in these economic indicators, a few simple guidelines are all that is necessary to track, organize and make trading decisions based on the data.

Know exactly when each economic indicator is due to be released. Keep a calendar on your desk or trading station that contains the date and time when each stat will be made public. You can find these calendars on the N.Y. Federal Reserve Bank Web site using this link http://www.ny.frb.org/, and then by searching for “economic indicators.” The same information is also available on many other sources on the Web or from the company you use to execute your trades.

Keeping track of the calendar of economic indicators will also help you make sense out of otherwise unanticipated price action in the market. Consider this scenario: it’s Monday morning and the USD has been in a tailspin for three weeks. As such, it’s safe to assume that many traders are holding large short USD positions. However, on Friday the employment data for the U.S. is due to be released. It is very likely that with this key piece of economic information soon to be made public, the USD could experience a short-term rally leading up to the data on Friday as traders pare down their short positions. The point here is that economic indicators can effect prices directly (following their release to the public) or indirectly (as traders massage their positions in anticipation of the data).