Ever wonder what are economic calendars are for? Like the one here in fxfisherman? Well I am practicing my strategy on how to use the economic calendar as a weapon in trading. My idea is this, I will study the economic calendar and look for some news release and just place pending orders to catch whichever the trend will move. I will set buy stop and sell stop to catch the movement. Is there anyone i here that uses the same idea?

Forex strategy e-books that are listed here provide information on the specific trading strategies as well as the use of particular Forex trading instruments. Basic knowledge of Forex trading is required to correctly understand and use these strategies.

"How to consistently act in your own best interest with your off-the-floor trading!" by Larry Levin.