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Random article: Trading the news
Trading the news is one of the easiest and most popular strategies on the Internet. Most of all, it is recommended to novice Forex traders, but many professional traders also trade the news. Its simplicity lures. What could be simpler? The trader looks through the economic calendar, chooses a highly volatile economic news, waits for its release, and then, trades according to the published data. If the rates are worse than expected, the trader sells the currency of the country, where the economic rate is negative and vice versa. However, even despite such simplicity, a trader can fail. The GBP / USD currency pair has always been considered one of the most difficult pairs to forecast, and April – May 2015 confirmed this.
In April of 2013 year deputies of the State Duma A. Babakov and V. Shestakov introduced amendments to the law “About securities market” and to legislative acts of the Russian Federation in the part of legal regulation of dealers' activity on the over-the-counter Forex market. This law was accepted during the first readings and is supposed to enter into the force since January 1, 2014.
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