Fundamental Events

The methodology presented during this course will allow you to experiment in small increments of risk rather than jumping into a new system before knowing exactly what you are doing. If you intend to use a Forex Robot in scalping mode, this plan can also assist you in improving its performance by carefully adjusting its settings.

Fundamental Events occur when a Country releases key monthly data that will be used by the rest of the world to assess the well-being and current performance of its economy. This information is released at pre-defined times during the month and can have a high, medium or low impact on the value of that Country’s currency in relation to others.

This effect is usually caused by the Market grasping a snapshot understanding of the headlines associated with the release only to reverse its opinion shortly afterwards following a more detailed study of the small print. As such, movements, of hundreds of pips, can occur in both directions within minutes of the release. Unless you have insider information, you are well advised to stay well clear of such events, especially the high impact ones, as they can desecrate your budget very quickly.