Economic Data Points are so important in Forex trading because they help give insight into the future direction of a Forex pair. There are 4 economic data points that you want to pay attention to.
In this video I cover 1 of these 4 economic data points that you need to be following if you want to succeed in Forex trading. Being a profitable Forex trader is almost impossible without following these economic data points. The economic data point that I cover in this video is GDP figures. GDP stands for Gross Domestic Product and is important to understand in order to gauge the demand of a currency and, therefore, the future direction of a Forex pair.

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