Archive for March, 2009

Diffusion index charts improved

Wednesday, March 18th, 2009

There are a few dozen indicators we report on the Forex Factory calendar that are based on a diffusion index, whereby a reading below 50.0 signals contraction/pessimism and a reading above 50.0 signals expansion/optimism (e.g., Ivey PMI, ISM Manufacturing PMI, Economy Watchers Sentiment, NAHB Housing Market Index).

Today we launched a modification to the charting for these diffusion index indicators that breaks the chart’s y-axis at 50.0 rather than the standard 0.0. This minor tweak aligns the chart visual with the indicator’s intended interpretation.

Before (chart breaks at 0.0):



After (chart breaks at 50.0):



You will have a chance to put this modification to use on Tuesday when there is a handful of PMI indicators being released for the Eurozone.


Posted by Tim, Forex Factory Senior Economist

Welcome to The Forex Factory Blog!

Tuesday, March 17th, 2009

Hello Forex Factory members! Given the increasing number of new enhancements, new features, and exciting things going on around Forex Factory, we think it’s about time we launch the official Forex Factory blog. Welcome to the first entry! Ok, so we’re a few years late with this – we’ll try to make up for it by keeping this blog updated often. ;)

S&C

Let me kick things off by telling you about some recent Forex Factory coverage in the press. We were super excited to have the FF calendar featured in the March issue of Stocks & Commodities Magazine! As you may know, S&C is a leading publication for traders, and to be featured on a full page (pg. 68) with a mention on the cover is really an honor! If you aren’t an S&C subscriber, you can pick up a copy of the March issue at your local bookstore or get a subscription at http://www.traders.com.

FX Week

FX Week, the Forex industry’s leading newsletter, featured the FF calendar in the March 2nd issue, in the “News in Brief” section. FX Week is a weekly publication for industry professionals and serious traders – you can check them out at http://www.fxweek.com.


Posted by Sidney, Forex Factory Director of Marketing