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Using an economic calendar in your trading plan

The economic calendar helps traders prepare for events that can move markets quickly. Rate decisions, inflation reports, employment data, and central bank speeches often affect currencies, indices, gold, and bonds.

Spreads can widen around major news, and stop orders may fill away from the requested price. If your strategy does not specifically trade news, consider reducing exposure before high-impact releases.

A useful routine is to review the calendar at the start of the week, mark events affecting your watchlist, and decide in advance whether you will trade through them.

Past market reactions do not guarantee future outcomes. Use the calendar as preparation, not prediction.