Cyclical Pattern – A New Way To Trading Forex

Forex markets are particularly prone to cyclical patterns. The ancient Greeks claimed that the circle revealed wholeness because everything was cyclical. Financial markets are also cyclical because they simply reflect changes in the way people evaluate things. Therefore, we can use what we know about circles and phases to better predict market cycles. So, if [...]

1992 – Black Wednesday & George Soros

This article deals with Black Wednesday in politics and economics. George Soros became one of the most famous currency traders in the world, his timely and brave bet against the Bank of England in 1992 on what became known as Black Wednesday. With costs of around £3.3 billion, Britain's central bank was unable to defend itself from an [...]