The above calendar is by far one of the most accurate and user-friendly interfaces to help you to track the forex movements and related news. For a newbie, this is a Bible to get started on the forex trading and investment avenues. By the end of the same, you will be more open about the dynamics of the market and investment avenues. 

Tips on using forexfactory calendar for making the best decisions and results – 

• Getting started with the calendar tool

The primary task that you need to undertake is to navigate to the forex factory calendar. Once there, you will be able to see various details about the forex market movements. 

It is important that you should not become intimidated by the flurry of activities displayed on the screen. By the end of this, things will become easier for you. 

• Configuring the calendar for your needs – 

Once you are done with opening and viewing the forex factory calendar, it is the time to start configuring the same so that you can make the most out of the same.

Now, you need to configure your time zone. After opening the calendar tab, you need to click on the time given on the top right corner as per your existing zone. 

After this, you need to click on the timestamp to go to the page that will help you to synchronize both the time for news and events as per your existing time zone. 

Once done, you need to start with the event filter process

• Event filter process – 

The above-mentioned tool of the forex factory allows you to filter only relevant news or events related to the currency pairs that you trade in. Once you set the same, a screen pops up that helps you to sort events by the impact, type and currency values. 

• Select the time frame 

The above-mentioned aspect of the forex factory calendar is all about the timespan of the activities. Use the navigation tab to select the time frame. Options include – weeks, months, etc. The best idea here is to opt for the week view. 

• Dig around

Once you are done with the above Steps, it is time to make the most of your forex factory calendar. You can click on any factor and then gain detailed insight into the same. However, we advise you to use this with caution as you can get caught up with the nuances of the events.