Forex Factory
Definition
A popular online platform and community dedicated to foreign exchange (forex) trading, providing real-time economic calendars, market news, forums, trading journals, and analytical tools for traders worldwide.
An influential website (forexfactory.com) frequented by 'smart money' traders for discussions, data, and strategies in the forex markets.
Examples
After my latest trade went south, I drowned my sorrows in the Forex Factory forums, where everyone's portfolio is apparently 'up 300% this week'.
The Forex Factory economic calendar is like a trader's horoscope—stare at it long enough, and you'll swear it predicted that wild yen spike.
Newbie traders treat Forex Factory like a magic 8-ball: 'Will EUR/USD moon? Outlook hazy, try scalping instead.'
During NFP week, Forex Factory turns into a digital coliseum where bulls and bears battle it out with charts and conspiracy theories.