Binary options – Forex economic calendar strategy

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In the EU, financial products are offered by Binary Investments (Europe) Ltd., W Business Centre, Level 3, Triq Dun Karm, Birkirkara, BKR 9033, Malta, licensed and regulated as a Category 3 Investment Services provider by the Malta Financial Services Authority (licence no. IS/70156).

In the Isle of Man and the UK, Synthetic Indices are offered by Binary (IOM) Ltd., First Floor, Millennium House, Victoria Road, Douglas, IM2 4RW, Isle of Man, British Isles; licensed and regulated respectively by (1) the Gambling Supervision Commission in the Isle of Man (current licence issued on 31 August 2020) and by (2) the Gambling Commission in the UK (licence reference no: 39172).

In the rest of the EU, Synthetic Indices are offered by Binary (Europe) Ltd., W Business Centre, Level 3, Triq Dun Karm, Birkirkara, BKR 9033, Malta; licensed and regulated by (1) the Malta Gaming Authority in Malta (licence no. MGA/B2C/102/2000 issued on 01 August 2020), for UK clients by (2) the UK Gambling Commission (licence reference no: 39495), and for Irish clients by (3) the Revenue Commissioners in Ireland (Remote Bookmaker’s Licence no. 1010285 issued on 1 July 2020). View complete Regulatory Information.

Binary.com is an award-winning online trading provider that helps its clients to trade on financial markets through binary options and CFDs. Trading binary options and CFDs on Synthetic Indices is classified as a gambling activity. Remember that gambling can be addictive – please play responsibly. Learn more about Responsible Trading. Some products are not available in all countries. This website’s services are not made available in certain countries such as the USA, Canada, Hong Kong, or to persons under age 18.

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Economic Calendars on Options Signals

Economic calendar from Myfxbook

Economic calendar from Investing

Note: That Economic calendar do not show all economic all news and events, but is very easy to use and understand.

How can you use the economic calendar in your binary options trading?

Advise for new binary options traders

First of all, any binary options trader need to get notified of the most important financial and economic news and events. That is critical because each time the relevant news is issued the market changes. In some cases, the market can change so much that you will have to stop trading due to the impossibility of using any binary options trading strategy.
Usually, we cancel the binary options trading and write a message in the web-chat rooms about that.

Change your binary options trading strategy

Another good thing is suitable for advanced binary options traders. Knowledge of the incoming news can help you to change binary options trading strategy and get profit with the economic event. Due to specifics of binary options trading, they are well suited for “news” trading. There are a lot of different binary options strategies on the internet. We advise you to read them!

Compare the risks in using our binary options signals

Of course, our binary options traders do all the best to make safe and suitable binary options signals for you. But you have to understand that we have to publish them a bit earlier then you will trade. That makes some problems in the binary options signals. On the other hand, we are people. You are not getting the signals from a robot. Sometimes we fail with the signals. And the last. We have to publish the many signals because many people are waiting for them. Our regular customers – binary options traders who use our signals service for a long time, already made they’re our binary options strategy of using the binary options signals service. They found the dependence in using our binary options signals during the critical events, calculated the risks and created their strategy.
You have to calculate your risks in using our service during high impact economic news or events.

Note: We advise all binary options traders to control the event calendar and create own binary options trading strategy in using the binary options signals during important economic news and events.

Attention: Trade only on a demo account. It needs some time to understand how to use our binary options signals with your broker and create your own binary options trading strategy. Options signals and its staff are not responsible for any losses.

Economic Calendar

The Economic Calendar is a specific calendar that gives us the news that affect the global financial markets. It is important to follow this calendar because news often changes the market trend.

The idea is simple to explain and understand. Most people who trade in the financial markets such as Forex or binary options use trading strategies based on technical indicators. Most of these technical indicators are mathematical algorithms that use historical data to try to predict future price developments, and thus we “guess” if a particular asset will go up or down.

Since there are news that are important, their results, above or below the expectations, tend to change the direction of the price of the asset, thus going against what was forecast by these indicators. This is because an important news story may determine if the price of an asset will rise or fall, interrupting the trend that the asset was following based on a normal technical progression.

How to use the Economic Calendar:

In this sense and to avoid the surprises that the news can bring, my advice is to always be attentive to the news of the day and the hours in which they are announced by following the Economic Calendar. The advice I always give my students in class is: before starting to trade, the first thing to do is go see the news of the day and avoid trading assets, which have important news scheduled, at the time the news is announced.

This way you prevent a news story from interfering with your strategy, or with the predicted rise or fall that your analysis showed at that time.

On the other hand, those who use the News Trading strategy should use the calendar as a trading tool.

I use the ForexFactory economic calendar. There are others, such as the Investing economic calendar, but this is the one I have always used and I think it’s the best. If you want, you can also use their iOS and Android apps.

To understand and use the Forex Factory economic calendar, you should first change the timezone so that it coincides with yours. After the timezone is the same as yours (so there is no confusion!), you need to pay attention only to the news that have a Red icon. These are the news that you actually have to be careful with and avoid trading when they are announced. The others are not a problem, because they very rarely influence asset prices.

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