Forex Factory
Yaser Rahmati | یاسر رحمتی
Last updated
Yaser Rahmati | یاسر رحمتی
Last updated
Forex Factory is a popular online platform for traders in the foreign exchange (forex) market. It offers a range of tools and resources designed to help traders make informed decisions. Here’s a comprehensive overview:
Website: Forex Factory
Forex Factory is known for its comprehensive economic calendar, active trading forums, and various trading tools. It serves as a central hub for forex traders of all levels.
Purpose: The calendar provides scheduled economic events and data releases that could impact the forex market.
Functionality: Events are listed with their expected impact (high, medium, low), previous and forecasted values, and actual results once released.
Customization: Users can filter events by currency, impact, and event type.
Purpose: The forums allow traders to share ideas, strategies, and discuss market trends.
Sections: There are various sections including trading systems, broker discussion, and general trading chat.
Participation: Users can create threads, post replies, and interact with other traders.
Purpose: Provides real-time data and news relevant to forex trading.
Content: Includes forex quotes, charts, and technical analysis tools.
Purpose: A tool for tracking and analyzing trading performance.
Functionality: Allows traders to connect their trading accounts and view detailed statistics, graphs, and performance metrics.
Purpose: Delivers timely news related to the forex market.
Sources: News is aggregated from various reputable sources, providing a broad view of market-moving events.
Homepage: Displays the latest news, forum posts, and a snapshot of the economic calendar.
Tabs: Main tabs include News, Calendar, Market, Forums, Brokers, and Trade Explorer.
Access Calendar: Click on the 'Calendar' tab.
Filter Events: Use the filter options to select specific currencies, event types, and expected impact levels.
Timezone: Set your local timezone to ensure event times are displayed accurately.
Register: Sign up for a free account to post and participate in discussions.
Browse Sections: Explore different forum sections to find topics of interest.
Posting: Create new threads or reply to existing ones to share insights and ask questions.
Comprehensive economic calendar with customizable features.
Active community forums for knowledge sharing.
Real-time market data and news updates.
Tools for tracking and analyzing trading performance.
Information overload for beginners.
Quality of forum content can vary.
Requires time and effort to fully utilize all available tools.
