How do you trade through data revisions?
A release lands in line, then the revisions rewrite the story — last month's payrolls cut, the prior quarter's growth adjusted. The market's second reaction often outweighs the first.
What's your method?
- whether you wait for revisions before acting
- how you handle a position based on a now-revised number
- the revision that reversed your trade
The economic calendar guide explains why the previous column exists at all.
Background: How to read an economic calendar: actual, forecast, previous and impact
The economic calendar tells you when markets are likely to move. Here is what each column means and how traders use it to plan the week.
What does forecast mean on an economic calendar?
The median expectation of economists surveyed before the release. Markets usually price in the forecast, so prices react to the gap between the actual figure and the forecast.
What is a high-impact event?
A release that has historically caused large price moves, such as central bank decisions, CPI inflation and the US jobs report. Spreads often widen around them.
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