Forex Economic Calendar

Sigma Economic Calendar is a business and financial events calendar, that each day has special economic event that provide you with signals for buying or selling according to the event.

The calendar keeps you informed about earnings statements, expected figures and announcements that could impact the market and your own trading strategies and decisions.

The main window displays the day's economic events, by the time (GMT) at which they occur (or at midnight if they do not have a specific time).

Forex Economic Calendar focuses on Forex market events and world economy reports.
Sigma Forex believe that the economic calendar is the most comprehensive and detailed Forex industry with over 150 indicators covering every economic event that affect the interests of the economy, industrial sectors and companies.
Forex traders should be taught to compare market expectations with actual economic indicators and then evaluate market reactions.

FOREX ECONOMIC CALENDAR

Market Types

The market often display's some very familiar patterns of price movement. Once a pattern is established, it becomes the most probable course of future price action until the market changes. There are two types of markets which become important for the beginning trader to identify; trending and trend-less. Each market type has two specific patterns which you will also notice over time.

These market types and patterns can be defined as follows:

Trending - Steady elongated price movements with less than a 45-degree angle with occasional pauses, profit taking, or resting periods.

Lower Transaction Costs

Lower Transaction Costs

It is much more cost-efficient to trade Forex in terms of both commissions and transaction fees. Most Forex Brokers charge no commissions or fees whatsoever, while still offering traders access to all relevant market information and trading tools. In contrast, commissions for stock trades range from $7.95-$29.95 per trade with online discount brokers up to $100 or more per trade with full service brokers.
Another important point to consider is the width of the bid/ask spread. Regardless of deal size, Forex dealing spreads are normally 5 pips or less (a pip is .0005 US cents). In general, the width of the spread in a Forex transaction is less than 1/10 that of a stock transaction, which could include a .125 (1/8) wide spread.