economic data volume report: what it measures and how traders use it

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the economic data volume report on edgeful analyzes trading volume in the days surrounding major economic announcements — CPI, GDP, FOMC, and NFP.

tracks volume across the two days before, the day of, and the day after each announcement. surfaces which event days produce the highest volume and which surrounding days are typically quieter.

this is one of the 150+ reports available on the edgeful platform. here's how it works, what the data shows, and how traders use it.

table of contents

  • what the economic data volume report measures
  • how the calculation works
  • how traders use economic data volume data
  • combining economic data volume with other reports
  • key takeaways

what the economic data volume report measures

analyzes the volume distribution across a 4-day window for each major economic announcement: CPI, GDP, FOMC, and NFP. shows whether the announcement day, the days before, or the day after typically has the highest volume on your ticker.

the report is available for futures, stocks, ETFs, forex, and crypto. you can filter by ticker, session (NY, London, Asian, full globex, or custom), and lookback period.

how the calculation works

the economic data volume report compares volume on event-related days to surface which day in the window carries the most activity.

  • the report identifies each historical CPI, GDP, FOMC, and NFP announcement date
  • it pulls volume for the two days before, the day of, and the day after each announcement
  • volumes are averaged across all instances of each event type
  • the announcement day is highlighted separately so you can see whether it consistently leads volume
  • the result is a clean 4-bar view per event type showing where activity concentrates

how traders use economic data volume data

  • sizing down on historically lower-volume days around announcements when choppier price action is more likely
  • attacking the announcement day itself when volume historically spikes and breakouts get follow-through
  • avoiding paper-cut trades on pre-event drift days that tend to chop
  • planning when to be active vs when to step aside around CPI, FOMC, NFP, and GDP
  • pairing with intraday volume and range to confirm the session-level volume profile

the data doesn't tell you to trade. the economic data volume report tells you the historical performance of the setup in front of you. what you do with that information is your decision.

results require customization, time, and effort. the numbers change depending on your ticker, session, and lookback period. always check the data for your specific conditions.

combining economic data volume with other reports

the economic data volume report works best when combined with other edgeful reports for confluence:

  • use the what's in play dashboard to see economic data volume data alongside your other favorite reports in one view
  • the screener lets you scan up to 49 tickers for economic data volume setups across 4 reports simultaneously
  • edgeful AI can analyze economic data volume data alongside other reports and find patterns you'd never spot manually

key takeaways

  • the edgeful economic data volume report measures average volume around CPI, GDP, FOMC, and NFP announcements over a 4-day window
  • available for futures, stocks, ETFs, forex, and crypto with full ticker, session, and date range filtering
  • four event types tracked: CPI, GDP, FOMC, NFP
  • part of the 150+ reports included in the edgeful essential plan ($49/month or $39/month annual)
  • works best when combined with other reports using what's in play, the screener, or edgeful AI

trading involves risk. past performance and historical data do not guarantee future results. the statistics referenced in this post are based on historical data and may not reflect future market conditions. always trade with proper risk management.

this information is not trading advice and should be used for educational purposes only. futures, options, and forex are leveraged instruments, and carry a high degree of risk. past results are not indicative of future returns. your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness, and usefulness of the information.

futures and forex trading contains substantial risk and is not for every investor. an investor could potentially lose all or more than the initial investment. risk capital is money that can be lost without jeopardising ones' financial security or life style. only risk capital should be used for trading and only those with sufficient risk capital should consider trading. past performance is not necessarily indicative of future results.

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