Use the Investing.com economic calendar to optimize cryptocurrency trading

The Investing.com economic calendar is an essential tool for cryptocurrency traders looking to grasp macroeconomic movements. By monitoring key economic events, you can forecast price fluctuations of digital assets before they occur.

Getting Started with the Investing.com Economic Calendar

To access the Investing.com economic calendar, simply go to the homepage and find the “Economic Calendar” section. The interface is user-friendly, allowing you to quickly identify upcoming events. This calendar is continuously updated to ensure you always have the latest information on global economic reports.

Filtering Economic Data by Country

In the top right corner of the calendar page, you’ll find a filter (or Country). Click on it to select “United States” if you want to focus on events from this country. Since the US economy has the greatest impact on Bitcoin and altcoin prices, filtering by country helps eliminate noise and focus only on important data.

Choosing the Impact Level of Events

The economic calendar typically categorizes events by three importance levels (indicated by one, two, or three stars). One star represents low impact, while three stars are events likely to shake the market. If you only want to follow major news, select only three-star events to save analysis time.

Analyzing Key Economic Indicators

Each event is displayed with important details such as release time, event name, previous data, analyst forecasts, and actual results. Pay special attention to Non-Farm Payrolls (NFP), Federal Reserve announcements, and GDP reports, as these indicators often have the strongest influence on the cryptocurrency market. By comparing forecast data with actual results, you can assess how the market might react.

Applying the Economic Calendar to Trading Strategies

Using the economic calendar is not just about tracking data but also about planning trades ahead of major economic releases. When significant reports are upcoming, you should prepare strategies, adjust positions, or temporarily reduce risk. Successful traders always incorporate the economic calendar into their decision-making process, helping them stay ahead in the market.