One
of the primary reasons for studying the economic calendar is to
anticipate and manage potential volatility in the markets. Economic
events can have a profound impact on market sentiment and can cause
significant price fluctuations. For example, an unexpected interest rate
hike by the Central Bank can lead to a sharp sell-off in the stock
market, while positive economic data can boost investor confidence and
drive prices higher. The focus should be on High Impact and Medium Impact News Events.
Reference:
Darya Filipenka (2023) - Unlocking Success in ICT 2022 Mentorship: The Smart Money Guide to The Full ICT Day Trading Model.
