The News Traded by ForexGen

Trading the news is becoming a popular technique to trade the forex markets … and why shouldn’t it be? Time and time again you see currency pairs move 50 to 100 pips within minutes or even seconds after a major news release. When you see that, I bet you’re thinking, “50 to 100 pips!? That’s easy money!” Maybe it is, and maybe it isn’t. It all depends on how prepared you are to trade a news release.
The goal of this lesson isn’t to give you a specific “Trading the News” strategy. The goal is to point you in the right direction and show some of the risks involved with trading these events, because here at BabyPips.com, we want to help you help yourself in developing your own methods that fit YOU best.

Discovers Your Trading Personality with ForexGen

Forex traders come in many different shapes and sizes. There are male traders, female traders, fat traders, skinny traders, beautiful traders, ugly traders, slow traders, fast traders, professional traders, amateur traders, fur traders … and the list goes on. Each trader has their own personality, their own personal schedule, their own appetite for risk, their own pain threshold and their own bankroll.
Some traders might have several things in common, but most will be different. The point is each of you is unique. And depending on your personality, personal preferences, and situation, how you trade will be a driving factor in determining your success.

Financial Crisis "NO Second Wave" by Geithner

In wake of the worst economic crisis since the Great Depression, Treasury secretary Timothy Geithner has stated that the Obama administration will prevent another financial collapse like the one that occurred last year. In an interview on Tuesday with National Public Radio, he said the administration “cannot afford to let the country live again with a risk that we are going to have another series of events like we had last year. That is not something that is acceptable.”

Slow But Stable Recovery

Geithner was against the notion that the commercial real estate problems and a weakening dollar could trigger another crisis again. He did however state (in a different interview) that it would take several months for the economy to experience positive growth. With respects to the current crisis, he believes that large bank have “a long way to go” to earn the trust of the consumers again.