Profiting from Risk Aversion
Posted on 06. Apr, 2010 by Jakob in Random Noise
TradeTheNews is hosting a free webinar on Thursday, April 8th, at 8:00am EST, which will be presented by Jimmy Young. In the webinar Jimmy Young will show you how to identify risk aversion in the currency market followed by examples of profitable short term, medium term and long term trades, based on risk aversion. The whole market is basically driven by risk sentiment and risk aversion basically means “avoid risk”, relative to return. Risk aversion in the currency market can typically be identified by a strong USD and a strong JPY and week high return currencies. Knowing how to identify a risk averse sentiment and trade on the basis of this greatly enhance your trading skills. If you are new to all of this, I highly recommend that you attend this free webinar. You can sign up here. If you want to try TradeTheNews you can sign up for a free 14 days trial period right here.
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