What Do the Colours on Forex Factory Calendar Actually Mean?
The colours used in the Forex Factory calendar represent different degrees of market impact for specific events, as indicated by their colour-coding system. Here’s an outline: Red events typically represent high-impact, market-moving events. Traders pay particular attention to events with red hues as they present trading opportunities or necessitate adjustments in existing positions to manage risk effectively. Below are three top-line red events: Red Events with High-Impact Potential Non-Farm Payrolls (NFP) in the US Each …
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