Monday 9 August 2010

Tips: Which news and calendar?

While technical analysis is always paid attention to, fundamental analysis is not less important too. Together with technical analysis and fundamental analysis will give us high probability trade. Fundamental analysis is about the economic strength of a country, which indirectly will relate to the currency strength. One part of fundamental analysis will be watching news report. So which news source do you refer to? Here I will share some source that I reference.


Forexfactory calendar
This is my favourite! I would say this is the best source for my forex calendar. It will highlight every news report and put them into a nice list. Register a free account, and you can customize the calendar to match your timezone too! Very convenient. A small icon will show the importance of the economy report, and there are also small explanations for each news. The table is very nice layout according to time and date. There are also forecast, actual, and previous data too in the same table. Very convenient, we could look at everything at a glance.

For ForexFactory news, you can visit http://www.forexfactory.com/calendar.php


DailyFX calendar
This is another forex calendar. They layout each event properly. Everything is properly layout; and explanation are included too. This is as good as the ForexFactory calendar. For me personally I would still prefer ForexFactory calendar, but nonetheless this is one good calendar to refer to.

For DailyFX calendar, you can visit http://cdn.dailyfx.com/calendar/


Barron’s Economic Calendar.
This is another economic calendar. However I think the layout is not as clear cut as the previous tow. But it is worth to reference too. For the Barron’s economic calendar, you can visit http://online.barrons.com/public/page/barrons_econoday.html



ForexNews
This is a website dedicated for Forex news. You can view the latest news here. Beside that, other kinds of articles also available. Good resource for all forex trader. For your dose of forex news, you can visit http://www.forexnews.com/


CNBC news
Many traders get their economy news here. No matter you are forex traders or stock market investors, or other kind of traders. There are many detail news about economy here. To get your prompt CNBC news you can go to their website at http://www.cnbc.com/



Google News
Once of the recent page on the World Wide Web. The Google News feature news all over the world. You can use the powerful search function and key in your favourite pairs, and the related news will pop up. I like the feature that google will indicate when is the news updated. If you have google account, you may customize Google News to open economic news each time you visit the news section. To access google news, you can go to http://news.google.com


There are many other source for your economic calendar and news on the World Wide Web. You may come across some very useful one too. The above highlighted are just tip of the iceberg; but they are my favourite few.