The News & Time features in Liquid Charts Pro give traders quick access to essential market information and timing tools.
Under News, you’ll find the Calendar, News Feed, and Price Action News designed to keep you informed about economic events, market updates, and price-driven insights.
The Time section includes the Clock and Session Map, helping you track global market sessions and manage your trading schedule with precision.
News
📅Calendar
The Calendar, also known as an Economic Calendar, is a crucial tool for traders. It lists upcoming economic events and news releases that are likely to impact financial markets. These events include things like central bank speeches, interest rate decisions, and reports on inflation or employment.
How do I use the Calendar? The Calendar helps you prepare for potential market volatility. Each entry provides key information:
- Impact: A visual indicator shows the event's potential impact on the market. Events with a high impact (e.g., a central bank interest rate decision) can cause significant price swings.
- Time: The date and time the event will take place.
- Calendar Event: A description of the event itself (e.g., "SNB Chairman Schlegel speech").
- Currency: The currency that will be most affected by the event.
- Previous, Forecast, and Actual: These columns show the last recorded value, the market's expectation (forecast), and the actual result of the event. A big difference between the forecast and the actual result is what often causes market movement.
- By monitoring the calendar, traders can anticipate market shifts and adjust their strategies accordingly.
📰News feed
The News feed is a real-time stream of financial news and headlines directly on your platform. It provides up-to-the-minute information from major news sources that can impact the markets.
How is it useful for trading? News is a critical driver of market movement. By following the News feed, traders can:
- Understand Market Volatility: News releases often cause sudden and significant price swings. Being aware of major events can help you anticipate these movements.
- Contextualize Price Action: A strong price move might be a reaction to a geopolitical event, an economic report, or a company announcement. The news feed helps you understand the "why" behind the market's behavior.
- Confirm a Trading Idea: If you're considering a trade based on technical analysis, a piece of news that supports your view can provide additional confidence.
In short, the News feed keeps you connected to the real-world events that influence the markets you're trading.
📈Price Action News
This term refers to a trading strategy that focuses on how a market's price reacts to a specific news or economic event. Instead of trying to predict the outcome of a news release, a trader using this approach watches the price chart to see how the market is behaving immediately after the news is announced.
How does it work? Major economic announcements, like interest rate decisions or employment reports, can cause sharp and sudden movements on a price chart. A trader will wait for a clear price action signal, such as a strong directional move or a breakout of a key price level, after the news is released.
This strategy is about:
- Using News as a Catalyst: The news event is the trigger for market volatility.
- Using Price Action to Confirm Direction: The price chart shows the market's true sentiment and direction.
By combining these two, traders can make decisions based on confirmed market momentum rather than on assumptions about what the news means.
Time
⏰ Clock
The clock on your trading platform shows the current server time. This is the official time zone for all trading activities, including the opening and closing of daily candles. For your platform, the server time is set to GMT+3 (or GMT+2 depending on Daylight Savings Time).
Why is server time important?
- Accurate Data: By using a single, unified server time, all traders on the platform see the same data at the same moment, ensuring fair and accurate trade execution.
- Scheduled Events: It helps you properly time your trading decisions around major market events and trading session overlaps. This also applies to Scheduled Maintenance.
Can I change the clock to my local time?
Yes, you can. On the top left, you can select the preferred time zone.
🗺 Session Map
The Session Map is a visual representation of the global trading day. It shows the core trading hours for major financial centers like Sydney, Tokyo, London, and New York. The map helps you see which markets are currently open and how their trading hours overlap.
Why is it useful?
Understanding the trading sessions is crucial because:
- Market Behavior: Currency pairs tend to be more active when their corresponding financial centers are open (e.g., the Japanese Yen is most active during the Tokyo session).
- Trading Opportunities: The session map helps you identify periods of high activity, which can be the best times to find trading opportunities.
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