Why Economic Calendar is important for traders? OctaFX knows the answer!

24 July, 2015

The Economic Calendar serves as a handy tool for traders. The calendar displays market-moving events that are specified in date and time. Traders pay close attention to the announcement of different indices and indicators which may affect the market.

Why is it so important for a good trader to keep up with the world on a daily basis? While some believe that economic data is only useful for economic analysts and observers, mature and experienced traders use the calendar as a handy tool to get a better understanding of the market and anticipate its moves. The market tends to move due to the release of key economic data such as the GDP, US non-farm payrolls and CPI.

That’s why knowing and understanding the reactions of the market gives an excellent trading opportunity. In a nutshell, economic calendar is a simple and effective way to keep track of the information relevant for trading. OctaFX Economic Calendar is devised specifically for this purpose! We always strive for excellence, and work towards supplying you with the tools necessary for a smooth trading.

The navigation panel will ease the search. You can arrange economic events using different filters, and select your time zone. Experience OctaFX Economic Calendar and achieve great results in trading.


Source  
Indian villages received help during COVID-1911 Jun, 2020  

As the communities around the world are faced with the threats of COVID-19, many businesses and foundations unite to help those in need...

Oil is now available for trading on MetaTrader 49 Jun, 2020  

We are thrilled to announce that you can now trade crude oil CFDs on the MetaTrader 4 platform. All of our clients can take advantage of this highly volatile...

OctaFX is donating 25,000 USD to COVID-19 relief20 Apr, 2020  

OctaFX is a Forex broker implementing online trading services globally since 2011. It offers a state-of-the-art trading experience to over one million users. OctaFX has won more...


COVID-19: unrivaled reductions to spreads31 Mar, 2020  

The fight against COVID-19 has deeply impacted people across the world. We've decided to take action by dramatically lowering spreads while you...

Introducing reductions to spreads25 Mar, 2020  

The fight against COVID-19 has deeply impacted people across the world. We've decided to take action by dramatically lowering spreads while you may...

The Twelfth Man: ICEA Premier League 6 Feb, 2020  

Whenever the opportunity presents itself, we like to become involved with causes that align with our core beliefs. Whether it's local charities...


OctaFX: Year of new achievements8 Jan, 2020  

With 2020 on the verge of concluding, we want to take the time to acknowledge our team and passionate user base for their help in making...

OctaFX Releases User Statuses24 Sep, 2019  

Following your feedback, we've created a status program that can boost your experience with our service. You can join it for free right

MetaTrader 4 Micro accounts14 May, 2019  

Formerly, regardless of the leverage set for your Micro account, you traded metal with the leverage ratio 1:200. Now the platform has changed...

Top 10 Forex Brokers 2020

200+ Forex Brokers
Top 10 Profitable Forex Advisors
The Most Profitable Forex Advisors 2020

Automated trading systems are an opportunity to create passive earnings in the financial markets for all users. Successful and proven strategies are integrated into the algorithm of advisers, which will make it possible to earn on the pricing of assets without delving into the subtleties of technical analysis. We present the Top 10 Forex Advisors including Equilibrium, Excalibur, Night Owl...

Top 10 Forex Advisors 2020

All Forex Advisors
TOP 10 Best Forex Trading Platforms
Best Forex Platforms 2020

A variety of web terminals and specialized software makes a choice of a trading platform a difficult one for a novice trader. What should be this vital decision based on? To begin with, it is necessary to highlight the main criteria that high-quality software must meet for making money on financial markets...

Top 10 Forex Platforms 2020

All Forex Platforms