Risk management plays a big role in forex trading, and knowing what market news could affect global economics and the value of currency pairs is important. This is an economic calendar that I would suggest you keep central to your research.
An economic calendar has brief analyses of upcoming news events like interest rate meetings at central banks, or major political policy speeches. When planning your trades, it is very important you know what events could have an effect on your trading, and also how you can use these events to your advantage.
For more information on how to manage your risk our education section is packed with useful information. Particular attention should go to how to read forex charts, interest rates and how they affect the forex market, and different forex order types so that you can get the most flexibility in your trades.