The Greek Debt Crisis: A Must-Read for Forex Traders
October 10, 2010 (PRLEAP.COM) Business NewsToday, FOREXYARD's Chief Market Analyst Greg Holden releases his much anticipated study of this year's Greek debt crisis. From his unique Forex analyst perspective, Greg has been able to provide stimulating insights into how traders managed to ride the economic wave to secure sizeable profits.
Economic analysis is difficult without an understanding of the bigger picture. As a Forex trader, you want access to the most up-to-date market news you can get your hands on. But even with all that information, you find that you still don't understand the bigger picture. This in-depth analysis on the "European Debt Crisis of 2010" will give you precisely what you are looking for.
What factors gave rise to the Greek crisis, and how did it spread? What sort of risk was the euro zone facing exactly? Has this crisis come to an end, or is it continuing to spread? These are all questions which you'll be better able to answer after downloading and reading this Forex analysis.
But how does this help you, a forex trader, to make profits through your home trading platform? Not only will you understand the history of this crisis, but you will also have a better understanding about important trading elements such as long-term trends, normal vs. abnormal market trading, risk averse markets, as well as a better feel for how the major currencies trade in times of crisis.
If you have ever looked for that one article to put the past year's major economic events into perspective, this is it.
Greg Holden, Chief Market Analyst at FOREXYARD, walks readers through the issues and climates that gave rise to this debt crisis and how it spread. Holden said, "I've attempted to put before you a chronological description of the events, and the punditry surrounding those events, which helped spread the panic and create an environment where savvy Forex traders were able to make serious profits."
Included in this analysis is a short description of the other major European economies hit by the debt crisis. These major European nations, which compose the odious acronym PIIGS (Portugal, Ireland, Italy, Greece, and Spain), all received their fair share of economic worries following the sudden panic fueled by Greece's debt crisis, but were affected in different ways. By knowing the risks these countries faced, and continue to deal with in their own way, you will also have a much better grasp of the news coming out of each of these countries today.
Holden continued, "My team and I have laid out interesting trends and explanations to show how the panic made things worse than they should have been. Whilst we at FOREXYARD believe that economic education is the key to success in this market, there's nothing like the opportunity to analyze previous events from a 'that could have been me' perspective."
This In-Depth Analysis does just that, by understanding how traders made money on the last major economic quake, traders can be better equipped to take advantage of the next.
So download your copy of this in-depth analysis today and learn how to finally trade like the professionals.