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They also have a feature for expected pips and average pips for each indicator. How does it work???
@johny - I guess expected and average pips can be a reference on how many pip movement will occur for such indicator. Just a wild guess!
I prefer to follow ForexFactory's calendar. Its concise and gives just the info you need. I have tried econoday but unsubscribed from their daily newsletter.
While trading, I usually have the 'News' tab on MT4 open as it gives breaking news in real time (depending on if your broker is connected to the dow jones newswire feed)
Ahh makes sense brett...i guess it can help predict volatility..
does anyone of you made profit trading these indicators? I normally use technical analysis but I monitor economic indicators so I can get out during these volatile period.
I do trade economic indicators. But I find it hard to trade due to the high volatility like NFA releases.