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A former New York based Forex trader was sentenced to 15 years in prison after being found guilty of bilking investors of over $66 million. Michael MacCaull, 38, and his co-defendant, Bradley Eisner, forfeited more than $28 million in currency and property as part of their 2008 guilty pleas. The pair launched a Spot Forex [...] Elliott wave analysis is something many Forex traders use. It’s not a crystal ball (what is?), but it helps you accomplish three crucial goals: Identify the trend, stay with it, and know when the trend is likely over. To help learn this comprehensive [...] greek flag The Euro got another boost yesterday as the austerity program the Greek government announced in order to begin reducing its huge deficit got a seal of approval by ratings agency Standard & Poor’s. Naturally, this eases pressure on the entire Eurozone and also makes it easier for Greece to loan more money in much [...] Despite the many available courses, tools, and systems offered to Forex traders these days, the dismal statistic has remained pretty much the same: the vast majority of traders lose money. Some say it’s about 95% of all traders. This means that 5% are taking the money of the other 95%. Still surprised that some people [...] |
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