Economic Calendar | Trading Terms

The Economic Calendar is the list of events that influence the largest global economies and their currencies. When new traders enter the financial world they quickly understand that this calendar exists and that the direction of currency pairs is very often influenced by it.
But what exactly does this calendar consist of? Is it the same every week, month or year? Does it change or is it fixed in time?
Here to answer all these questions is trading expert David Jones. In a step by step guide he shows us the different types of economic data that impacts economies - inflation reports, unemployment numbers, interest rates, etc. He also discusses the variability and changing nature of the economic calendar.
The main part that all traders, regardless of their experience, has to remember is that events can be extremely volatile, bringing both opportunities and threats. But being able to predict or react correctly to these events can provide an advantage.
At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.

[@glenn2875]

David, thank you for your ongoing commitment to trader education. I've been a viewer for some months now, and I have to say - I refer your videos all the time. Thanks!

[@sylvesteramas]

Thank you David, well appreciated.

[@alexshaw5458]

How do traders get their economic data live? I know not all news companies cover all the less important economic events? What are the best sites to use?

[@PritchyTurbo2000]

It's a really useful tool, Top work for including it in the platform. I do wish some of the data releases get updated quicker though. Some are immediate but some aren't, and i don't know the ones that aren't going to be. Thanks.

[@giovannigiorgio6026]

Best setups for moving average cross over...

[@adityasreenath9903]

One of the best clean cut short videos and informative iv been across. It would be great if you would add indian markets and indices across your platform!

[@hussainjasem6281]

Could you maybe give some examples of how the market has changed due to changes in interest/inflation

[@FawaazSheriff]

Could you talk about indicators in your next video Thank you

[@Trading212]

We have a whole playlist with indicator videos (but we'll also be making a vid about how to use them in general) -> kzbin.info/aero/PL_qZbVTmPuY9qD6SPrJtECVif6UlkNXkS

[@abeliever395]

great

[@philosopongtrader8765]

hi david, kindly include the time zones when trading particular currencies..thanks david..

[@Trading212]

Hi Wilfredo, please clarify your request, so you may receive the best reply. You may contact the customer care team over the live chat for a communication in real time - www.trading212.com/en/Contact.

[@willmalliotis9341]

Can you give us a video on how to make profit and predict the future 100% certainty? (Only kidding 😂) I learnt a few good things from your channel. Thank you.

[@achrafash8092]

So if the forecast 5000 and previous is 8000 so that day is selling option??

[@ahhmrbond]

fantastic....would really like to know where to obtain the info of the actual effects of the events...so if the USA job market didn't hit the expectation for increase for jobs how would this positively or adversely affect oil or gols etc.? great videos

[@Trading212]

Hey Jamie, video on the topic will be published in the coming months, so stay tuned.

[@contrivix_quest_kwt]

how to trade crude oil using economic calendar

[@emmanuelsuurulere8855]

Amazing video but how do I place trades using the economic calender.

[@drleo6409]

You watch the stock you are trading and the overall markets and see how the price moves at the time of the news release. The minute the news comes out it will usually get higher volume and the price will go either up or down. That could last for minutes or , one hour or several. BUT BUT if it goes up it will very likely sell off . So if you buy you need to keep your eye on it because it can drop a lot in a few minutes .

[@lingeringsoul]

do most trading platforms have this calendar?

[@thnkbg]

Any way we can find out the true direction to trade? I found out color sometimes is not accurate.. green doesn't mean buy all the time.. many people lost a lot of money because the indicator was green but the trade was sell? whats the rules on this?

[@tekinruttum3449]

Don't just depend on one indicator Wait for ateast 3 confirmation Price action, indicators , momentum etc

[@MentalBass]

Hey, over the past week I've been using the practice account and have managed to turn the 10k into around 16-17k I was wondering what are the differences between the practice account and using real money? Thanks

[@Trading212]

The Practice and Real Money Mode of the trading account are the same, except for the virtual funds and the Weekend trading feature in the Practice Money Mode.

[@MentalBass]

Trading 212 ahh ok thanks for clarifying. What about withdrawing money? Is there a specific threshold you need to meet before you can withdraw?

[@Trading212]

You can withdraw up to the amount of free funds in your trading account. FAQ about the deposits and withdrawals is available at www.trading212.com/en/Frequently-asked-questions?cId=3.

[@LawnBowlerUK]

Hi. I've got a question about the app. I'm using the practice account at the moment for very short investments (only 10 minutes or so) with very good success. On the real money "version", is there a way I can see all previously made trades with results? I'd want to keep track of them. Thanks.

[@Trading212]

Yes, your results generated in the Practice Money Mode will be saved in its Reports, unless you reset your account balance. Once your trading account's Real Money Mode is activated, simply switch to the Practice Money Mode to access its results.

[@LawnBowlerUK]

Trading 212 Thank you! That's really helpful.

[@deezyXII]

When will US residents be able to use your trading system?

[@Trading212]

It will be announced in case the Real Money Mode becomes available for US residents. The Practice Money Mode can be used freely.

[@KennethMeyer]

How does one get your trading platform?

[@Trading212]

Hey Kenneth, Trade for free with virtual money in the web app. Runs in your web browser. No download or installation needed - www.trading212.com/en/Open-Practice-Account-GBP. Install the free native mobile apps for iOS and Android: iOS app - itunes.apple.com/gb/app/trading-212/id566325832?mt=8. Android app - play.google.com/store/apps/details?id=com.avuscapital.trading212.

[@محمدتوكل-ع6د]

Great, but a little late. I hope you do more videos on fundamental analysis.

[@thnkbg]

anybody wrote a book on my question?

[@prashantkumars7097]

Hi Include Indian time zone in trading 212 platform

[@viruz9013]

What if the data came out lower then consensus but higher than the previous?

[@davidjones2452]

On balance, it's the difference compared to consensus/expectations that's more important in my view.

[@viruz9013]

David Jones thank you

[@e1723-y9o]

What about fomc

[@FaizullahAria]

Actual' greater than 'Forecast' is good for the currency. What does it mean? should we expect a rise in currency or fall?

[@DestoTrading]

Would you be able to talk about the Oil Inventories and how that affects the market specifically?

[@Trading212]

We will be making a video about the main factors influencing oil prices - inventories, rig counts and OPEC meetings within the next several months.

[@DestoTrading]

Great, can't wait!

[@muhamadfarhad7792]

That was great David, but can you please tell me how to learn understanding those news? any site or book or etc... i really want to master economic news about forex and connect them to my analysis

[@Trading212]

Hello Muhamad, you may take a look at the trading books reviewed at blog.trading212.com/category/book-of-the-month.

[@muhamadfarhad7792]

Thanks so much