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Day: February 5, 2008
February 52008
Risk Control in Forex New E-Book
Iâve recently ran across an interesting money management book â Money Management: Controlling Risk and Capturing Profits by Dave Landry. Itâs a short e-book, written in four parts. First part simply explains why the risk management is important in the financial trading. Second part gives some interesting advices to organize your money management strategy, or to help you create one. Third part is where some of the Forex professionals are sharing their experiences […]
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February 52008
Yen Falls against High-Yeilders
Japanese yen continued to fall against other currencies today during the Asian session after the Reserve Bank of Australia lifted its interest rate to the historically high value â 7.00%. Investors sought to gain interest-based profits on such currency pairs as AUD/JPY, NZD/JPY and GBP/JPY, while the economy recession risks were slightly pulled back by the recent Fedâs rate cuts. Many Forex traders moved out of the carry trade positions after the global […]
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