Forex Factory is a popular online platform that provides traders with essential information and tools to help them make informed trading decisions. One of the most useful features of Forex Factory is its calendar, which provides traders with information about upcoming economic events and their potential impact on the market.
The calendar on Forex Factory is customizable, allowing traders to add and remove events according to their preferences. Traders can also add sessions to the calendar, which can be helpful in tracking important trading sessions and market activity.
Here’s a step-by-step guide on how to add sessions to Forex Factory:
Step 1: Open the Forex Factory calendar
The first step is to open the Forex Factory calendar. You can do this by visiting the Forex Factory website and clicking on the “Calendar” tab located on the top menu bar.
Step 2: Select the timezone
Once the calendar is open, you need to select the timezone that you want to use. This is important because the calendar displays events according to the selected timezone. To select the timezone, click on the “Timezone” drop-down menu located on the top right corner of the calendar.
Step 3: Add a session
To add a session, click on the “Sessions” tab located on the top menu bar. This will open a new page where you can add sessions to the calendar.
Step 4: Select the session type
On the “Sessions” page, you need to select the session type that you want to add. There are three session types available: Asian session, European session, and US session. Click on the session type that you want to add.
Step 5: Select the session time
After selecting the session type, you need to select the session time. You can choose to add the session for a specific date or for a recurring date. To add a session for a specific date, select the date from the calendar. To add a session for a recurring date, select the “Recurring” tab and choose the frequency of the session.
Step 6: Save the session
Once you have selected the session type and time, click on the “Save” button to add the session to the calendar. The session will now be displayed on the calendar along with other events.
Benefits of adding sessions to Forex Factory
Adding sessions to the Forex Factory calendar can be beneficial in several ways:
1. Helps in tracking market activity
Adding sessions to the calendar can help traders in tracking important trading sessions and market activity. This can help them in making informed trading decisions based on the market conditions.
2. Provides a comprehensive view of the market
By adding sessions to the calendar, traders can get a comprehensive view of the market and its activity. This can help them in identifying potential trading opportunities and making informed decisions.
3. Customizable
The Forex Factory calendar is customizable, allowing traders to add and remove events according to their preferences. This can help traders in focusing on the events and sessions that are most relevant to their trading strategy.
Conclusion
Adding sessions to the Forex Factory calendar is a simple process that can provide traders with valuable information about the market and its activity. By following the steps outlined in this article, traders can easily add sessions to the calendar and customize it according to their preferences. This can help them in making informed trading decisions based on the market conditions.
