Profit And Loss Calculation in Forex Trading

The cumulative buy and sell of a currency causes the value of your Forex investment to move either up or down. Foreign Currencies are traded in pairs and each currency has its own symbol. For the Euro dollar- it is EUR, Japanese Yen - it is JPY, for the Pounds Sterling - it is […]

John Chow’s ways of Avoiding Income Tax

For those who are familiar about blogging, you will know that John Chow is a famous blog monetizer & 5-figure pro-bloggers who is very successful making money online.
In his blog, he claimed that he is an accountant and that may lend some weights to the above topics. His articles may stir up some controversy in […]

Is there really a Better Time to trade in the 24-hour Forex Market?

I think most of my readers know by now that the Forex market is a global 24/7 market. All the players can gain into the market very conveniently without having to wait for the markets to open.
At any given time, there is always a major financial center open where banks, dealers, hedge funds, corporations, […]

A Video Inspired by the Technology Boom and Bust

With the current stock market meltdown and NASDAQ hovering around bear territory – An interesting question comes to mind. Is another technology bubble on the way?? Or is it here already?
Hope everyone enjoy the video. By the way, the original song in this video is from Billy Joel – “We Didn’t Start the Fire”.

Cheers, Kampai, […]

Lot Sizes and Leverage in Forex Trading

I think most of you will know by now that one of the major advantages in Forex Trading is the high degree of leverage provided by most brokerage companies. In the Forex market, depending on which brokerage firm a trader use, $1,000 could control $100,000 in currency. Such controlling leverage of 100 to 1 […]

Major Currencies Interest Rate as of 11 February 2008

Following the latest EUR and GBP interest rate released on 7th Feb 2008. Interest rate for Sterling Pound was cut from 5.50% to 5.25% after caving in to the rumors of an imminent economical recession. On the other hand, as expected, European Central Bank holds its interest rate steady at 4% for the eight […]

Forex Market Mechanism

I believe all of you already know by now that the Forex market is the largest traded market in the world. So how are these currency pairs quoted on the Forex market? You will see two numbers on all Forex quotes. The first number is called the bid and the second is known as […]

Gong Xi FA Chai 2008

Wishing all my Chinese Readers that celebrate Lunar New Year on 7th Feb 2008.
May the year of Rat bring you Good Health & a Fountain of Wealth.

Cheers, Kampai, Proscht^^!!

Technical Analysis in Forex Trading

In Forex Trading, technical analysis is the study of market action, mainly through the use of charts and indicators to forecast the future movement of a currency.
There are a few principles that a technical analyst applies. The price is a compressive reflection of all market forces.
To a technical analyst, regardless of what the fundamentalist […]