The discipline is considered as the most important criterion for success in Forex. This is the most important thing in trading. To preserve the necessary discipline, you need to work out or choose a strategy that has already been worked out and which you can follow.
Sales of existing homes is the indicator helping to trace the number of sold houses per year on the existing home market. Also it can assist in forecasting about current confidence of buyers (consumer optimism) and their sentiment to buy precious assets. Index value is subject to great season fluctuations characterizing real estate market.
Increase in volume of construction is closely related with the growth of income of population and is favorable towards economic growth.
The data on the amount of sol houses is published on the fourth week of every month at 10:00 EST (New York). Market respond to this index is weak. Index growth is a positive factor for consolidation of national currency.
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