Forex News

The PZ Forex News panel displays all relevant economic events for the current day in your metatrader chart, covering all major currencies.

$180.00

The PZ Forex News panel displays all relevant economic events for the current day in your metatrader chart, covering all major currencies.

Product Description

The PZ Forex News panel displays all relevant economic events for the current day in your metatrader chart, covering all major currencies.
  • It displays all relevant forex economic events in your chart
  • It covers EUR, USD, GBP, CAD, NZD, AUD, JPY and CNY
  • It alerts 10 minutes before an economic events
  • It refreshes every hour with new data
  • All colors and sizes are customizable
  • Draggable news box
The different colors represent the impact of the event.
  • Green labels represent low impact events
  • Yellow labels represent medium impact events
  • Red labels represent high impact events
Enhance your trading activity with the best and most complete forex news and calendar indicator, just like our customers have already done.

What is news trading?

A trader or investor who makes trading or investing decisions based on news announcements. Economic reports and other news can have a short-lived affect on particular markets. News traders try to profit by predicting how a market will respond to particular news. The old saying “buy the rumor, sell the news” means that rumors have one effect on a particular trading instrument’s price movement, and news can have an opposite effect.

News traders rely on short-term reactions to news to drive the market in a particular direction. News traders can look at historical data to predict how future news can affect prices. By becoming familiar with certain markets, news traders can make a guess as to whether a stock or other trading instrument will increase or decrease in price following a news report. Often these price moves happen within an extremely short period of time following the news; therefore, news traders must be quick to respond if they hope to capture profits. This also means that news traders must be one of the first to receive breaking news.