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Trading Guide

How to Use the Economic Calendar

Understanding how to trade around high-impact events is one of the most important skills in forex and crypto trading.

01

Filter by Impact Level

Start by filtering to High Impact only. These are the events that move markets — central bank decisions, inflation reports, and jobs data. Medium and low impact events rarely cause significant price action worth trading around.

02

Check Forecast vs Previous

The forecast is what the market expects. If the actual release beats the forecast significantly, expect a sharp move in the direction that favours the currency. If it misses, expect the opposite. The size of the deviation matters.

03

Identify Affected Pairs

Click any event to see which pairs are most affected. USD events like NFP and FOMC impact almost every major pair. GBP events primarily affect GBP pairs. Use the Pair Impact Guide in the sidebar to plan which charts to watch.

04

Manage Risk Around Releases

Many professional traders close or reduce positions 15 minutes before a high-impact release. Spreads widen dramatically at release time. If you stay in, ensure your stop loss is placed beyond the likely spike range — not within it.

Pro Tips

The initial spike after a release is often a fake-out. Wait for the candle to close before entering.
NFP Friday is the most volatile session of the month for USD pairs — treat it with extra caution.
FOMC meetings happen 8 times per year. The press conference after the decision often moves markets more than the rate itself.
Set your timezone correctly in the filter bar so release times match your local session.
Gold (XAU/USD) reacts strongly to US inflation data — CPI beats are bearish for gold, misses are bullish.
Use the countdown timer in the page header to stay aware of exactly how long until the next major release.

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