Accurate, Simple And Fastest Way To Analyze Market Movement Only By Reading Value From Leading And Lagging Economics News On Forex Factory

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Leading And Lagging Economics Indicators

Leading and lagging economics indicators is very basic for all trader to analyze movement price from market trend. Its mean continue or reverse. I suggest calculate entry level from doji and pinbar trading strategy on daily time frame and entry buy or sell only after news release from forex factory. Most economists talk about where the economy is headed – it’s what they do. But in case you haven’t noticed, many of their predictions are wrong. For example, Ben Bernanke (head of the Federal Reserve) made a prediction in 2007 that the United States was not headed into a recession. He further claimed that the stock and housing markets would be as strong as ever. As we know now, he was wrong.

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Because the pundits’ predictions are often unreliable – purposefully so or not – it is important to develop your own understanding of the economy and the factors shaping it. Paying attention to economic indicators can give you an idea of where the economy is headed so you can plan your finances and even your career accordingly.
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There are two types of economics indicators that you need to be aware of:

  • Leading indicators often change prior to large economic adjustments and, as such, can be used to predict future trends.
  • Lagging indicators,however, reflect the economy’s historical performance and changes to these are only identifiable after an economic trend or pattern has already been established.

So, here more explanation about leading and lagging economics news that we can use as indicators below 😉

LEADING ECONOMIC NEWS :

1. Manufactures

  • Service PMI (if >50 bullish, and if
  • Industrial Production
  • Factory Orders
  • Asset Purchase Facility

2. Sales

  • Retail Sales
  • WPI m/m (whosale price index)
  • (PPI) Producer Price Index

3. Building Permits dan Housing Start

  • Building Permits
  • Housing Start

4. Home/Housing Sales

  • Existing Home Sales
  • Pending Home Sales
  • New Home Sales
  • Halifax HPI m/m (House Price Index)

5. Business sentiment

  • UoM (University of Michigan)
  • Consumer Sentiment
  • Philly (Philadelphia) Fed Manufacturing Index
  • Fed Speaking

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LAGGING ECONOMIC NEWS :

  • Gross Domestic Product (GDP)
  • Unemployment Rate
  • Employment Rate
  • Non Farm Payrolls
  • Average Weekly Earnings
  • Personal Income
  • Average Earning Index 3m/y
  • Average Weekly Earnings
  • Core CPI
  • Final CPI
  • Interest Rates or Rate Statement
  • Trade Balance

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I’ve hope with this article made us as a trade more wisely to analyze forex market before you buy or sell entry, and my suggestion we have to combined this economics news value with pinbar or doji daily level as key level entry to minimize our risk and get big reward from forex market. Remember lagging economics news is not made market going to established pattern. Only leading economics news will finishing last pattern or made a new patterns on market or we can say it leading economics indicators will give significant reversal candlestick patterns or combined this leading economics indicators with accurate price action trading strategy. 😉

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