There seems to be a strong comeback of forex traders utilizing advanced carry trades strategies. this is a great video that explains what carry trades are and how it is becoming more common.
Forex Trading TV Video BlogThere seems to be a strong comeback of forex traders utilizing advanced carry trades strategies. this is a great video that explains what carry trades are and how it is becoming more common.
Forex traders have noticed the price of Crude Oil rise recently with the notable decline in value of the U.S. Dollar. Analysts forecast that as the U.S. economy continues to consolidate in the near future, investors may continue to pour their money into Crude Oil, as they see this commodity as the key market mover in the coming months. In any case, it is likely that by September, Crude prices will be $5 away from the current $65.50 market level that it is today.
Here is a great video about this issue:
GBP/USD – Strong Bullish Signal – July 20th 2009 – 1:30 GMT
Here is a chart formation that shows the signal: