Who is Andy Krieger? - Definition from ForexDictionary

As Forex traders, we all hunger for that one big deal that is going to immortalize us among the gods of currency trading. There was no single event which precipitated this — the fall is often attributed to a mass panic that fed on itself. Krieger had come to Bankers Trust from Salomon Brothers in , after having previously graduated from the Wharton School. In the wake of Black Monday, Krieger became increasingly convinced that the New Zealand dollar was vulnerable to attack, and adopted an extraordinary approach to taking advantage of this.

Because he had a huge trading limit and then could use high leverage on top of this by trading currency options — as high as The reaction of the New Zealand dollar was immediate and catastrophic.

Vantage Point Trading | Two of the Biggest Currency Raids in HistoryTwo of the Biggest Currency Raids in History

He pointed out that Bankers Trust had not taken a position that was too large for it — instead, New Zealand was too small to be able to cope with the operations of Bankers Trust. Listen to our latest Market Movers podcast.

How to Trade Forex like Andy Krieger | 💱 unyyozeqy.web.fc2.com

After taking a short course about forex. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me.

I have a B. Given this background, forex software has a relatively bigger share in the posts.

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By Yohay Elam Published: Sep 4, Sep 8, Andy Krieger is just such a trading immortal. Introducing Andy Krieger Krieger had come to Bankers Trust from Salomon Brothers in , after having previously graduated from the Wharton School. The attack In the wake of Black Monday, Krieger became increasingly convinced that the New Zealand dollar was vulnerable to attack, and adopted an extraordinary approach to taking advantage of this.

The result The reaction of the New Zealand dollar was immediate and catastrophic.

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