Forex Legend: George Soros And The British Pound
Anyone who trades forex would have heard of George Soros, the man who traded against the Bank of England and won. This story has been retold many times and is now stuff of legend. But now in 2007 when GBPUSD is over the 2.000 level from September 1992 once again, it is time to recall this legendary forex event. Remember September 19, Black Wednesday in 92, the day when the Bank of England withdrew and stopped pumping money to keep the sterling pound strong.
Forex Brokers - Helping to Maximize Your Success
A Forex broker is a broker dealing in foreign exchange, just like real estate broker who deals in real estate and properties. Simply, a Forex broker is an advisor who advises you about the forex market.
Forex Robot Software Taking It To The Next Level
Forex robot software is bringing currency traders to the next level. Gone are the days of pencil and paper trades. Those who are not armed with the latest trading technology are often left in the dust. Today's best forex software includes the ability to help formulate and execute your trade. Software also imparts discipline to traders helping to avoid common trading mishaps.
Understanding A Forex 'Carry Trade'
Recently, the breakdown of the "yen carry trade" has graced the front page of major financial newspapers and business magazines. But what is a "carry trade" and how does it affect the forex? More importantly, how can you, as an individual investor, profit from carry trades? This article endeavors to provide the answers.
Forex Position Trading
Forex position trading strategy is a simple technique to increase your position size without increasing your risk. This trading strategy is particularly effective with mini lots and with averaging into a position also it works equally efficiently for standard lots.