What's the first thing you check every trading morning?
The first check of the day frames everything after it. Some traders open the calendar, some the charts, some the news — and beginners usually open the charts first, which is the most reactive choice.
Share your first check:
- what you look at before anything else
- why that order
- how changing it changed your trading
The economic calendar is the classic first stop; the sessions page tells you who's awake.
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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