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How To Use Economic Calendar to Make Money On Binary Options

I get a lot of e-mails from novice traders where they ask me how to use an economic calendar. So, today I decided to consider it in more detail.

You will find economic calendar with news at Investing.com

You can see economic news WITHOUT REGISTRATION!

See the example (see the screen shot below)

Figure 1 indicates the Time column. This is the time when the certain news is going to be published and its actual value is announced. Right at this time, in the Act. Column (see Figure 5) you can see different figures that may be painted green, red, or black.

Figure 2 indicated the Currency column. This is a national currency of a certain country that may be affected by the certain news.

Figure 3 indicated the Imp. column, which means the extent of importance of certain news. As a rule, 3 bulls signifies the highest level of importance, i.e. after the actual value of the news has been made public, you should expect a sharp rise or fall of those currency pairs that include the currency for which the actual value was published. 2 bulls mean a medium level of importance, but you also expect a sharp rise or fall. 1 bull – low level of importance, you should not expect a sharp rise or fall

Figure 4 indicates the Event column. This is the name of certain news.

Figure 5 indicates the Act. column. This actual value of certain news which appears right at the time given in Time column. If the value is painted red, the actual value turned out to be worse that the predicted value. If the value is painted green, the actual value turned out to be better that the predicted value. If the value is painted black, the actual value turned out to be the same as the predicted value or no prediction was made at all.

Red color signifies that the currency rate is falling. E.g., if we are talking about USD, then after the news has been published, we should expect the rates of the following USD/CAD, USD/RUR, USD/JPY, USD/CHF, etc. currency pairs to fall.

Green color signifies that the currency rate is rising. E.g., if we are talking about USD, then after the news has been published, we should expect the rates of the following USD/CAD, USD/RUR, USD/JPY, USD/CHF, etc. currency pairs to rise.

Figure 6 indicates Forecast column. This is a predicted value of the certain news (event).

Figure 7 indicates Prev. column. This column gives previous values of the certain news (events).

kalendar_ENG

To find out the exact time the news is published for your city, select a Current Time (see the image below).

Chas_poyas

HOW CAN YOU MAKE MONEY ON THIS? – You wonder.

IT’S QUITE EASY! – I answer.

Let’s see some examples…

Календарь2410__.jpg

It’s October, 24 2013.

 At 10:58 AM, actual values of two economic indices for France (see the Act. column) were published. They turned out to be lower than the expected values, as the figures are painted red.

 After seeing these red figures (they appear immediately on news publication), I made a prediction that EUR/USD rate will be falling, especially during the next 5 minutes.

 Having this information, in TURBO section I bought a put EUR/USD option due in 5 minutes. Time of buying: 10:58:39. Look what we have got! In 5 minutes, the rate went down to 1,38038. The profit made $380!

 10_58.jpg

At 11:28, actual values for two economic indices for Germany (see the Act. column) were published. One of these values turned out to be lower than the predicted value (the figure is red), and the other one coincided with the predicted value (the figure is black).

After seeing this red figure (it appeared immediately on news publication), I made a prediction that EUR/USD rate will be falling, especially during the next 5 minutes. I also assumed that the second news will not affect the rate significantly, as the prediction and the actual value turned out to be the same.

Having this information, in TURBO section I bought a put EUR/USD option due in 5 minutes. Time of buying: 11:28:40. Look what we have got! In 5 minutes, the rate went down to 1,37860. The profit made $380!

11_28.jpg

At 11:58 AM, actual values of two economic indices for Eurozone (see the Act. column) were published. They turned out to be lower than the expected values, as the figures are painted red.

After seeing these red figures (they appear immediately on news publication), I made a prediction that EUR/USD rate will be falling, especially during the next 5 minutes.

Having this information, in TURBO section I bought a put EUR/USD option due in 5 minutes. Time of buying: 10:58:36. Look what we have got! In 5 minutes, the rate went down to 1,37776. The profit made $380!

11_58.jpg

   I recommend you watch a VIDEO “How To Earn $456 In Less Than 10 minutes Using Economic Calendar and News.”

 

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For your better understanding, I decided to make a table where you can see how actual values of certain news (events) influence the rate of a certain currency pair.

National currency of the country on which there is a news Actual value of news (color of figures) EUR/USD GBP/USD EUR/GBP AUD/USD USD/CAD USD/JPY
USD red ABOVE ABOVE ABOVE BELOW BELOW
green BELOW BELOW BELOW ABOVE ABOVE
EUR red BELOW BELOW
green ABOVE ABOVE
GBP red BELOW ABOVE
green ABOVE BELOW
JPY red ABOVE
green BELOW
AUD red BELOW
green ABOVE
CAD red ABOVE
green BELOW

How to read this table? I will explain it to you.

If the actual value for USD is red, then EUR/USD rate will be rising.

If the actual value for EUR is green, then EUR/USD rate will be rising.

If the actual value for JPY is red, then USD/JPY will be rising.

etc.

Extremely seldom happens that the actual value on news coincides with the forecast. Then figures in the column "Actual" are displayed in black color. It is in that case expedient to do the forecast proceeding from the following:

if the actual value left better than the previous value, it is worth expecting strengthening of that currency on which there was a news (For example: if news on EUR, EUR/USD grows; if news for USD, EUR/USD falls, etc.);

if the actual value left worse than the previous value, it is worth expecting weakening of that currency on which there was a news (For example: if news left on GBP, GBP/USD will fall; if news for USD, GBP/USD grows).

 

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