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Economic Events Calendar ​

The Economic Events Calendar shows you upcoming and recent macroeconomic events that can move markets. Interest rate decisions, employment reports, GDP releases, inflation data -- these events cause volatility spikes that can blow through stop losses in seconds. Knowing when they are coming is a critical part of risk management.

Event Listings ​

The calendar displays events in chronological order, with both upcoming and recent events visible. Each event shows:

FieldDescription
Date & TimeWhen the event occurs (in your local timezone)
CurrencyWhich currency pair(s) are affected (e.g., USD, EUR, GBP)
Event NameDescription of the release (e.g., "Non-Farm Payrolls", "ECB Interest Rate Decision")
ImpactLow, Medium, or High
PreviousThe previous reading/value
ForecastThe market consensus expectation
ActualThe actual released value (after the event)

Impact Levels ​

Events are categorized by their potential to move markets:

ImpactColorExamples
HighRedCentral bank rate decisions, Non-Farm Payrolls, CPI, GDP
MediumOrangeRetail Sales, PMI, Trade Balance, Housing Data
LowYellowMinor reports, secondary indicators, speeches

High-Impact Events Demand Respect

High-impact events like NFP (Non-Farm Payrolls) or FOMC rate decisions can move Gold by 200+ pips and major forex pairs by 50-100 pips within minutes. Even well-placed stop losses can suffer significant slippage during these moves. If you are not specifically trading the news, it is often better to avoid having open positions during these windows.

Filters ​

Narrow the calendar to what matters to you:

  • Currency -- Show only events affecting currencies you trade (e.g., USD and EUR if you primarily trade EURUSD)
  • Impact level -- Filter to show only High-impact events if you do not want the noise from minor releases
  • Date range -- Focus on today, this week, or a custom window

Why This Matters for Automated Trading ​

When TTMT executes trades automatically, it does not inherently know whether a major news event is about to hit. The economic calendar is your tool for adding human judgment to the automation:

  1. Check the calendar daily -- Spend 30 seconds each morning scanning for high-impact events
  2. Pause channels before major events -- If you want to avoid news volatility, pause your channel assignments before the event and resume after the dust settles
  3. Use trading windows -- Configure trading windows on your channels to automatically avoid specific hours. Pair this with the economic calendar to block out known high-risk periods.

Pair with Trading Windows

The most effective approach is to set trading windows on your channels that exclude known high-volatility times (e.g., the first 30 minutes after a major release). Check the Economic Events Calendar weekly and adjust your windows accordingly. This way, TTMT automatically avoids trading during the riskiest moments.

Reading the Data ​

After an event occurs, the Actual value is published alongside the Forecast and Previous values. The relationship between these three numbers tells the story:

  • Actual > Forecast -- Generally bullish for the currency (for most indicators)
  • Actual < Forecast -- Generally bearish
  • Large deviation -- The further actual is from forecast, the bigger the market reaction

Understanding these relationships helps you interpret why a trade moved sharply in one direction -- you can cross-reference the time of a trade's P&L spike with the economic calendar to see if a news event was the cause.