Sunday, October 24, 2010

What is Forex Trading?

The foreign exchange market (forex, FX, or currency market) is another investment vehicle which is a worldwide decentralized over-the-counter financial market for the trading of currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.The primary purpose of the foreign exchange market is to assist international trade and investment, by allowing businesses to convert one currency to another currency.

The foreign exchange market is unique because of
  • its huge trading volume, leading to high liquidity;
  • its geographical dispersion;
  • its continuous operation: 24 hours a day except weekends, i.e. trading from 20:15 GMT on Sunday until 22:00 GMT Friday;
  • the variety of factors that affect exchange rates;
  • the low margins of relative profit compared with other markets of fixed income; and
  • the use of leverage to enhance profit margins with respect to account size.
For new learners, it is natural to have thoughts such as W's and H's questions on what affects the exchange rates. Below are some of the major determinants of foreign exchange rates: 

Economic factors
These include: (a)economic policy, disseminated by government agencies and central banks, (b)economic conditions, generally revealed through economic reports, and other economic indicators.
  • Economic policy comprises government fiscal policy (budget/spending practices) and monetary policies(the means by which a government's central bank influences the supply and "cost" of money, which is reflected by the level of interest rates).
  • Government budget deficits or surpluses: The market usually reacts negatively to widening government budget deficits, and positively to narrowing budget deficits. The impact is reflected in the value of a country's currency.
  • Balance of trade levels and trends: The trade flow between countries illustrates the demand for goods and services, which in turn indicates demand for a country's currency to conduct trade. Surpluses and deficits in trade of goods and services reflect the competitiveness of a nation's economy. For example, trade deficits may have a negative impact on a nation's currency.
  • Inflation levels and trends: Typically a currency will lose value if there is a high level of inflation in the country or if inflation levels are perceived to be rising. This is because inflation erodes purchasing power, thus demand, for that particular currency. However, a currency may sometimes strengthen when inflation rises because of expectations that the central bank will raise short-term interest rates to combat rising inflation.
  • Economic growth and health: Reports such as GDP, employment levels, retail sales, capacity utilization and others, detail the levels of a country's economic growth and health. Generally, the more healthy and robust a country's economy, the better its currency will perform, and the more demand for it there will be.
  • Productivity of an economy: Increasing productivity in an economy should positively influence the value of its currency. Its effects are more prominent if the increase is in the traded sector. 
Political conditions
Internal, regional, and international political conditions and events can have a profound effect on currency markets.
All exchange rates are susceptible to political instability and anticipations about the new ruling party. Political upheaval and instability can have a negative impact on a nation's economy. For example, destabilization of coalition governments in Pakistan and Thailand can negatively affect the value of their currencies. Similarly, in a country experiencing financial difficulties, the rise of a political faction that is perceived to be fiscally responsible can have the opposite effect. Also, events in one country in a region may spur positive/negative interest in a neighboring country and, in the process, affect its currency.

Market psychology
Market psychology and trader perceptions influence the foreign exchange market in a variety of ways:
  • Flights to quality: Unsettling international events can lead to a "flight to quality," with investors seeking a "safe haven." There will be a greater demand, thus a higher price, for currencies perceived as stronger over their relatively weaker counterparts. The U.S. dollar, Swiss franc and gold have been traditional safe havens during times of political or economic uncertainty.[15]
  • Long-term trends: Currency markets often move in visible long-term trends. Although currencies do not have an annual growing season like physical commodities, business cycles do make themselves felt. Cycle analysis looks at longer-term price trends that may rise from economic or political trends.
  • "Buy the rumor, sell the fact": This market truism can apply to many currency situations. It is the tendency for the price of a currency to reflect the impact of a particular action before it occurs and, when the anticipated event comes to pass, react in exactly the opposite direction. This may also be referred to as a market being "oversold" or "overbought". To buy the rumor or sell the fact can also be an example of the cognitive bias known as anchoring, when investors focus too much on the relevance of outside events to currency prices.
  • Economic numbers: While economic numbers can certainly reflect economic policy, some reports and numbers take on a talisman-like effect: the number itself becomes important to market psychology and may have an immediate impact on short-term market moves. "What to watch" can change over time. In recent years, for example, money supply, employment, trade balance figures and inflation numbers have all taken turns in the spotlight.
  • Technical trading considerations: As in other markets, the accumulated price movements in a currency pair such as EUR/USD can form apparent patterns that traders may attempt to use. Many traders study price charts in order to identify such patterns.

Be careful as foreign exchange rates are not constant or moving in one direction. 
Hope that you can get some ideas of what is Forex from this article.

From wikipedia

Friday, March 12, 2010

Can You believe that TMnet actually Sponsored MANCHESTER UNITED?!!! W.O.W!! and yet UNBELIEVABLE!!

Can you imagine... MU shirt with the "TELEKOM MALAYSIA" instead of "AIG"????

http://www.mmail.com.my/content/30067-telekom-malaysia-and-manchester-united-form-potent-combination

I think most of the readers will think that " WTH???? " , " FUNNY!!"..and some might think that they are wasting!! " WHY NOT JUST UPGRADE THEIR SERVICES WITH THOSE $$$"

well, that's how I think. To think that from the governor's point of view, it really helps to enhance our national footballers' skills with those expert coaches and trainings, and eventually bring pride to Malaysia. BUT their services are still not satisfying! There's a need to upgrade their network to minimize data loss and lagging of the internet!

Saturday, February 27, 2010

Tips on getting referrals

Traditionally, people get referrals through face to face introduction.

Yes... You can still persist on using this traditional way, but it works only for close friends.

OK. Since we are now On-the-Line, thus we need some on-line marketing skills. 

I'm going to reveal some of the most effective ways of marketing online!! cheers~~~~~


HOW       ?
A very good W-H question.


Recalling that THIS webpage is a blog. So, what can you think about a blog?
Is a blog an online diary? or........?

Yea. Some people might think that BLOG is an online diary. Yes, indeed it is. But, at the same time as treating our blog as diary, why don't we use it to promote ourselves?

Therefore, 

Step # 1  Have a good blog and good content about what you are going to promote.
By doing so, people who pass by your blog will definitely know what you are up to. A very good start.  =)
Make your site as attractive as possible.
You can write the details of your product, a PTC website, or anything and explain how it works and what is the return of "investment". The recent up-to-date information is needed to convince the readers. And, don't forget to give PROOFS of your return.


Step # 2 Promote your blog. 
Promote your blog online! You would definitely have to promote your blog as to get readers and traffic. You can try to promote your blog on any social websites
e.g. Facebook, Friendster, Myspace, Twitter, and so on....
You can also try to get traffic from traffic exchange site (manual traffic exchange) or advertise on paid to click sites. 
Promoting is vital to get readers. Ask the readers who are interested in your site to subscribe to or follow your blog.
You can also try to forward an email to your contact list promoting your blog.


Step # 3 Don't forget to visit others site!

You can visit other people's blogs which are also promoting their product. Leave your link there

and give them comment. This might help yourself to get a decent number of referrals as well as that person.



I hope these helps~~~~

p.s. : The number of referrals won't just pop out like magic. Put in more efforts in promoting and you shall see the number blossoms after a period of time.





Please feel free to give some comment on my blog if you have any opinions or any even better ideas to online marketing. thanks in advanced 

Wednesday, January 20, 2010

Step-By-Step Create PayPal Account.

So, I will teach u guys how to create an PayPal account.
Well, at first, I have this misconception, I thought that a credit card is a necessity in creating a PayPal account.

Apparently, IT IS A NO. We don't have to own a credit card for that purpose. Paypal can act as an On-Line Bank for everyone.

Here's the steps...

1. Go to paypal.com. Sign up.


2. While filling the registration, notice the picture below.


3. Many people stuck here while registering. Actually you don't have to fill in the credit card details if you don't want to. Click on the " go to my account " button at the bottom.


4. Hooray!! You are now accessible to your ONLINE BANK!!



Most PTC sites support Paypal now. So, remember to set your cashout/payout through paypal with the e-mail you used to register Paypal. Hope this post helps~~~~~

Tutorials On How PTC (Paid To Click) Websites Work

Many people doesn't know what to do after having an account registered in any PTC sites. Another frequently asked question is that, "How do I get my $$$ from the site??"

Perhaps I should write a tutorial on how to turn "ONLINE" into REAL $$~ And introducing cheap-web-traffic-bux.

Well, this guide should covered all section including the steps to create an Paypal account. ( this section will be posted in a different post. Click here to view STEPS BY STEPS CREATE PAYPAL ACCOUNT )

Alright, lets go on to the topic.


Firstly, I will take cheap-web-traffic-bux as the sample.

1. Click the REGISTER button as circled in the picture below.


2. After the registration and verification of your account, Login and you will see your account information. To click ads, click on the "VIEW ADS" button as shown below.


3. After clicking the "view ads" button, a list of available ads will appear. The ads with the blue color dialog box is available for you to click.


4. After clicking the ads, a new window/tab might appear. It looks like below with a timebar. Wait till the time reaches 0 and select the correct pairs of numbers.



5. Lastly, click close page to close or remove frame to continue surfing the ads.


Okay, do you guys get the idea of how PTC website works? most PTC websites have the same function.

So, do join us and start earning some extra income while On-line =)
For more PTC sites, please kindly look at my previous entries. thanks in advanced~

Thursday, January 14, 2010

what do you know about ptc??

Well, there's been a lot of PTC sites that I have personally tried. And, there are quite a lot that are very good very promising.

For example, these sites are real great~
these are those that I'm currently active clicking their ads everyday. ;-) Hope you all like them~














CheapWebTrafficBux has a very attractive Multi-Level Marketing power. Each referral clicks are much higher than most others ptc sites, and has quite alot of ads daily.

RealcashPTC , SteadyCashPTC, and FastpayPTC are sister sites. standard member 0.03/click, 0.02/click, 0.01/click respectively. 0.001/ref click, 0.001/ref click, 0.005/ref click respectively.

click the banner above to join if you are interested~

Monday, January 11, 2010

The best PTC site so far! realcashptc! D-O-N-T MISS IT!!

Hello guys!! I have got a good news to share with everyone!





Just few hours ago, I discovered this awesome PTC site!


The best I have never met before~





I will explain first about this particular site~





For standard member, just like me..
  • Each ads click pays you USD$0.03 ( VERY HIGH!)
  • Payout minimum $3.00 (very low!! in corelation with the rate!)
  • Through paypal
  • Trusted!
  • Upgrade Cheap!
  • More than 10 ads available everyday!! ( A LOT!!)

Do you believe that I have made USD$0.93 just in few hours?!



here's the proof!

I HAVE JUST REGISTERED TODAY,

AND I CAN MAKE SO MUCH $$ AT THIS VERY SAME DAY

WHY CAN'T YOU?

SO! DO YOU BELIEVE IT NOW??????

JOIN NOW!! DONT EVER MISS THIS MARVELLOUS SITE!!

CLICK THE BANNER BELOW AND WE CAN MAKE IT TOGETHER!!

THANKS FOR SUPPORTING!

Friday, January 8, 2010

Want some FINANCIAL FREEDOM?? want some risk-free PTC, Auto-surfing and Blog advertising sites?? READ THIS! ^^ and join me ya~~ thx~~

Do you ever heard of " financial freedom "???


by definition, "financial freedom" to me means, having extra income without having risk as well as having the freedom to do our activities without being bounded. That's Financial Freedom.




Are you interested in making money online? I believe that there are still a lot of people who don't believe in making money online, but yet this is proven to be true! Earning money online does exist and you will have FINANCIAL FREEDOM!



alright~ There are alot of sites which you can try, but before I proceed with the sites, I would like to explain how it works.


There are quite a lot of sites providing you with the Blog Advertising,PTC and Auto-Surfing policies.




PTC ( Pay To Click ) - This kind of websites allow you to click the advertisements. By clicking the ads, you will be paid. The rate is not standardised for every websites.



Auto-Surfing - This kind of websites provide traffic exchange. The more traffic you get, means that the more people surfing to your site. If u participated in AS program, you will be the one who surfs others webpage and earn from them.



Blog Advertising - This kind of websites need you to have a blog. After you joined, you have to paste the HTML ads coding into your blog. Some advertisers will pay you if other people visits your blog OR click on the advertiser's ads. Some advertisers will only pay you when people visits AND click the ads. The rates differ from one advertiser to the other.

Before getting started, you are advised to create a Paypal account as the sites listed below pays through paypal***.

create Paypal account.

*** Paypal account registration doesn't need to pay, no need bank account, no need credit card. Simply press "go to my account"(located below the continue button) at the credit card information part. Goodluck~

-----------------------------------------------------------------------------------------------

Let's see the PTC sites. The sites listed are no scams.

For Auto-Surfing sites.

  • alexa - currently server down. (I will update this when the server recovered)

1. Install alexa toolbar.

2. Login at http://www.improve-alexa-ranking.com/

3. Click Surf Now ---------> Start Make Point

Blog Advertising

-----------------------------------------------------------------------------------------------

As mentioned before, all these listed sites pay through Paypal.

Any enquiries, just leave a comment here and I will reply to you as soon as possible!

Hope you all will join these!!

Thursday, January 7, 2010

Lets Learn Japanese together!! ^^


wow~~ It's been long since I last posted the previous entry.

I'm back again~~
ただいま~~~

tadaima ~~~

みんなさん お元気 ですか?
minna-san ogenki desu ka?



Since school re-open, I had successfully registered japanese basic I, in fact, I have actually mastered the basics since years ago. Hahaha.





but well, perhaps i should share some superb softwares for those who are interested in learning Japanese language just like the way I did.




It's actually very easy to learn a language as long as u got the right materials and references.
alright, here's it...


1. Download Human Japanese* from HERE.


  • Well, this is just a trial version if you never buy it.

  • You can actually crack it somehow if you know HOW to do it.

  • I won't teach it here because it's illegal.

  • But don't worry, if you are beginner, u will find it very user-friendly even without having the full version.
  • Comes with audio files. Click on a character , a word ( kotoba) , or a sentence to listen to the pronounciation. EXCELLENT SOFTWARE!

*For beginner, trial version included the hiragana (ひらがな) and katakana (カタカナ). For intermediate level, you would probably need to have full version which includes Directions, Grammar and so on...


  • This program will help you to memorise all the hiragana characters real fast!
  • Keep on going trial and error, and eventually you will get it.
  • To view the list of Hiragana , press Help -> about!







  • Same as the above software.
  • To view the list of katakana, press Help -> about!


Try it and goodluck to those who like Japanese and dedicated to learn Japanese Language. =)

Hopes you all like these ~~