Wednesday, August 5, 2009

µ1040 Crystal Digital Camera - Designed to be Impressive


Olympus being a leading manufacturer of professional opto-digital products, pioneers key technologies in the fields of imaging and voice products, endoscope, microscope, bioanalytics and diagnostics and their brand stands for innovative opto-digital technologies, outstanding design and top quality.
The ultra-slim Olympus µ1040 Crystal camera represents a perfect fusion of cutting-edge technology and worldly-wise design. This special edition Digital camera includes a glittering arrangement of Crystallized - Swarovski Elements that can be easily adhered to the camera’s sliding lens barrier. With the 3x zoom camera that delivers both style and substance, this camera is coated with black colour that provides a dramatic backdrop making the dazzling adhesive elements even more eye-catching.
With a stunning 10 Megapixel, this digital camera comes out with some extraordinary features, including various scene modes and high-definition video recording, this digital camera has the innovative Intelligent Auto mode that automatically distinguishes five of the most commonly used scenes and adjusts settings accordingly. The ensuing shots can then be viewed on high-contrast Hyper Crystal LCD. Offering flexibility for image storage, the Olympus 1040 Crystal is compatible with xD-Picture Card -- microSD Flash memory card. In addition, Face detection technology enables up to 16 people to be recognized by the camera to ensure human subjects are always perfectly depicted.
Therefore Olympus µ1040 Crystal Digital Camera contains a bunch of advanced features in order to deliver stunning images and has made a huge impact in a wide range of consumer’s marketplace in a short period of time through its performance.

Tuesday, August 4, 2009

Trading the U.S. Employment Report on Friday

Your stocks are crashing and your real estate value is eroding all at the same time. Even commodities are tanking. These are some of the greatest ways Americans have accumulated wealth up until now. So what’s a trader or investor to do?
Learn to trade the “recession proof” market – the Currency (Forex) Market!
For instance, it’s been no secret that the number of unemployed in the U.S. is growing rapidly.
650,000 Job Losses Expected to be Reported on Friday!
This is also causing an enormous spike in the unemployment rate. See its chart below. Previously the unemployment rate had jumped up to a whopping 7.6%. However, on Friday this is expected to come in at 7.9%.

The Unemployment Rate goes Parabolic!

Learn how to Make Money from Fundamental Trends!

It’s extremely unfortunate what is happening in America. I bleed “red, white and blue”. However, I can’t change this fundamental trend in place. This will be up to forces that are much bigger than me: the government, the Fed, the Treasury, etc.
However, until they can get this turned around (and that will take some time), we can profit from the fundamental trend that has unfolded.
As economies have gotten hit hard in the U.S. and around the world, money has run to what it feels are “safe havens”. Since the dollar is the world’s reserve currency AND it had been beaten down for years, back to back…money ran there for shelter from this “economic storm” and that trend continues to this day.
For the last year, the rise of the dollar has been one of the few “upward trending” games in town, even when you look to just about every market out there: stocks, real estate, commodities, etc. In fact, it’s breaking out to new highs even now! How many financial instruments anywhere can boast that right now? Very few!

Two Steps to Making Gains in the Forex Market!

So while your stocks and real estate are perishing for now, you need something to buffer these blows with. That’s where the forex market comes in. It’s one more way you can diversify your portfolio and also get into trades that are heading higher NOW and not months or years from now.
How do you delve into this market? I’d say there are two steps to take before you “go live” in this market.
1. Get Educated about this market. I’m always amazed at the people that delve into any trading market with NO education. Would you try this at plumbing, brick laying, being a doctor or a lawyer? Of course not! Yet, people delve into this arena with “experienced traders” and expect to profit just as they do. They are simply dreaming. What they need is an education to “learn the ropes”. Anyone can afford to get an education in currencies these days. Why? Because we’ve made it “online” so that you can take it in your spare time AND made it to where it only costs $25 so that everyone can afford it.
2.Get a “real time”, free demo account. When I first learning how to trade stocks, I never had this awesome option. However, in currencies you do. It comes with FREE real time quotes and charts that you can trade off of. Your trades go onto demo servers, so you literally don’t risk 1 cent but yet you get to learn the ropes by gaining experience in trading this market.
Once you’ve gotten your low cost education and you are implementing what you’ve learned by using the demo account, after about 30 days you will be ready for the final step – “Going Live”.
You should start with a micro or mini forex account. Deposit at least $300 to $3,000 to get started and you’re “up and running”…trading this “recession proof market” and helping your future by making gains NOW rather than just sitting idly by while your stocks, commodities and real estate continue to dwindle before your eyes.
Take these steps and it will help you to stop the downward spiral of your net worth and to do something proactively about it today

Find the Forex Method that will Give your Economy Rebound

The Forex Market is indeed to be one of the great places to produce tremendous wealth, even in an recent economy of uncertainty. Better than Stocks and Futures Markets combined, Forex has opened its doors to individuals that want to have wealth sooner than they thought, and even larger than they ever dreamed of, and yes, that is you and me. In a such situation of the economy, companies turn their heads on Forex for additional income.

Did you know that the Forex Market is like fire? Because, if you do not know how to nourish or control fire, it takes over you and does some damage that can scar for for a very long time. But if you know where to direct it, place it, control its intensity and quantity, then fire is not a damaging element anymore, but useful. Evolution and time has taught man to control fire.

Same as in Forex, if you do not know how to make Forex work for you, your loss can be heartbraking and traumatizing. Forex Traders fail in forex, but not because it was just too risky, if you dig down deep, they tend to use a trade method that doesn't work, for them. Remember that no matter how "effective" a trade method is, it won't work unless it works for you. There are many forex trader success stories, using the method that works for them.

But what is a good trade method?

Here are some guidelines in order to determine if a trade method will benefit you the most:

1. It must be a complete method, with setup conditions, entry rules, initial stop rules, and exit strategy rules, leaving no decision to chance.

2 . It must include specific risk management, money management, and portfolio management guidelines.

3. It must be based on technical analysis, but it must not be a 100% mechanical system.

4. It must take less than an hour a day to apply after learning how to trade with it.


In evolution and time, there are forex methods that some may not be aware of, on how Forex is flame that can be put to our good use and maybe it becomes an important resource of convenience, financial convenience. Find a good trading method using the guidelines mentioned, there are good methods out there that you can use to experience financial freedom with Forex, it is possible to have your economy rebound with Forex. Start now.

Some Basics Concerning the Foreign Exchang


We come face to face with our local money every day. The time will come when some of us will need to make or receive a payment in a foreign currency.

To jump this hurdle, we go to the bank to handle the currency exchange, or to a number of foreign currency exchange companies we can find on the internet, who will invariably quote far better rates of exchange. Believe me they will, they could not exist if they did not offer a better deal.

You do not have to be a mechanic to know some essential words about a car like the steering wheel, the hand brake, clutch pedal, the engine etc. But you do need to know these fundamental words to be able to understand what they refer to when becoming a car driver otherwise life would be hard.

Similarly, it is important to know a little about the foreign exchange market so that when the day comes and you will be need to buy foreign currency to get that house of your dreams or anything else abroad, you are not at a disadvantage.

The FOREIGN EXCHANGE MARKET also called FOREX or FX, has no trading centre.

Unlike the London Stock Exchange or the New York Stock Exchange centres, it has no fixed abode, but manages very well and is extremely active.

There are hundreds of brokerage companies and banks, who deal between themselves including big corporations. Put these on one level. On another level, there are smaller agents who handle the buying and selling of the foreign currencies, going by the rates as signalled by Reuters or other agencies. These rates are aligned to the actual events taking place non stop in the market.
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The difference between these two levels is a wholesale and retail classification as existing in other trades. When the media talk about the foreign exchange market, it is the wholesale level they refer to.

Foreign exchange currency institutions have better access to obtaining a more advantageous rate of exchange than the ordinary small company or the man in the street.

The foreign exchange market operates 24 hours per day.

BID is the rate at which a dealer is ready to purchase the base currency.

OFFER is the rate at which the dealer is ready to sell the basic currency.

The difference between the BID and ASK price is called the SPREAD.

The MARKET MAKERS make the profit from the spread. They make no commission.

BASIC CURRENCY is the currency against which the other currencies are quoted.

BULL MARKET refers to a price rising market.

BEAR MARKET refers to a declining price market.

BOTTOM: a description of a price decline meeting heavy support against further price decline.

CABLE: When the steel cable was connected under the Atlantic in 1850 thus linking USA with UK enabling telegraph transmission between the London and New York Exchanges, it was called ATLANTIC CABLE. Satellite and optic cables are now used, and the word CABLE refers to GBP/USD currency pair rate.

CROSS RATES: This refers to currency pairs where the USD is not included like GBP/EUR or GBP/JPY

MARGIN refers to a deposit in cash required to cover the possibility of loss the client may encounter trading the foreign exchange.

MARGIN CALL refers to a requirement for additional money, to make up the minimum cash deposit needed to cover any losses the client may encounter trading in the foreign exchange market.

VOLATILITY refers to the extent of price fluctuation.

There are of course, many more terms used in the foreign currency business, but you have here a selection which will help you to know some of the basics.

Good luck.

Sunday, July 19, 2009

You Have To Find A Foreign Exchange Trading System That Suits Your Trading Style

You Have To Find A Foreign Exchange Trading System That Suits Your Trading Style

Every successful trader has a winning foreign exchange trading system. If you ask them, they might tell you they have the best foreign exchange trading system out there. And they would have the best one, for them. But there are as many ‘best’ foreign exchange trading system out there as there are traders, and no two of them are alike. Some traders buy on strength and sell on weakness; others do the opposite.

Investors like Warren Buffett succeed with a “buy and hold” foreign exchange trading system, where they purchase value to realize long-term gains. Other traders buy and sell constantly, seeking to make money off of short-term trends or momentum.

There are many ways to profit from the markets. But there is one common trait that all successful traders have: they approach trading in a systematic way. By “systematic,” I mean they have developed a foreign exchange trading system that is effective for them, and they follow that foreign exchange trading system. The foreign exchange trading system may evolve and adapt over time, based on experience and lessons learned from past mistakes, but it will never fluctuate in the heat of the moment.

Your foreign exchange trading system must fit your personality in order for you to be successful. Good traders succeed because they develop a foreign exchange trading system they feel comfortable with and that provides them with proven, long-term results. They develop a methodology that maximizes their strengths and minimizes their weaknesses, one they can put their trust in and follow consistently. You might be wondering how you can do the same.

Since every investor is different, the first thing you need to do to develop your foreign exchange trading system is take into account your present situation. You’ll need to ask yourself a few questions about your needs and your abilities as a trader. Consider whether you need cash flow or capital growth. If you’re a part-time trader with other sources of income, you may simply wish to grow your capital. If you’re trading professionally, and your sole income is from trading, then cash flow is critical to you because you need the profits to live on.

Also think about the amount of time you are able to devote to your foreign exchange trading system. Can you trade part time or full time? If you’re new to trading, or don’t have a lot of capital, part-time trading is a great way to learn, grow your skills, and develop a foreign exchange trading system. If you have sufficient capital to invest, and are confident in your abilities, fulltime trading may be right for you.

Next, determine how much capital you can invest in your foreign exchange trading system. There are two parts to this: one, how much capital do you have, and two, how much are you willing to risk? You should not risk more money than you’re comfortable with. Doing so will affect your foreign exchange trading system and cause you to make mistakes. If you’re risking too much, nervousness and fear can affect your decision-making and cause you to make avoidable errors. Only invest as much capital into your foreign exchange trading system as you can feel calm about – as your confidence grows, the amount of capital you’re willing to invest will grow, too.

And last, consider how much of a return you want on your investment, and how much risk you are comfortable with. A higher rate of return generally means a higher risk. If you want a 5 or 10% annual return, your foreign exchange trading system will be much more conservative than someone who seeks double or even triple-digit returns.

For example, if your goal is cash flow and low risk, buying or selling at extreme levels is not the right style to adopt. If your goal is to quickly grow your capital, and you can accept the high level of risk that can come with high returns, then buying distressed stocks, taking a contrarian approach, or gap trading may be a foreign exchange trading system for you.

A trader and a foreign exchange trading system run the gamut from aggressive day traders looking to profit from small point gains, to value investors looking to capitalize on long-term economic trends. In between, there are a wide range of combinations of their foreign exchange trading system and risk levels. Once you have found the foreign exchange trading system that fits you, you will be well on your way to developing a system for success in the markets.

Thursday, July 16, 2009

trading tips


A question recently came up in regards to the impact of news on trading performance. The questioner was feeling a bit overwhelmed with the idea of trying to deal with all of the different sources of potentially impactful news and information that hits the markets. Let me share some thoughts on the subject.

Firstly, I can completely understand how mind-boggling it can be. There is seemingly a constant stream of data coming out. Forex traders in particular see loads of it each day as the various major industrialized countries put forth economic data and have prominent speakers on the schedule. Then too there are any number of things that can crop up anywhere in the world related to gold or oil, for example.

Here’s the first thing I would say in that regard.

It is possible to narrow significantly the list of scheduled items that are likely to have a significant impact on the market you trade. Clearly, a stock trader has to worry about earnings reports, but retail sales data may be completely meaningless. A forex trader has to worry about things like trade, but won’t concern themself much with corporate earnings. An interest rate trader will certainly keep an eye on employment figures, but won’t worry as much about the speach by the head of the European Central Bank.

The implication is that you can generally pick and choose the calendar events that you need to focus on for your trading. Of course there are always going to be surprise events that happen, but you can only deal with that though a generally solid risk management approach.

Now, once you have identified the data releases and other events that are meaningful to the market you trade there are three ways to trade in relation to them.

1) Take positions ahead of the releases, speach, or whatever.
This is basically gambling and not recommended.

2) Make sure that you are flat ahead of the aforementioned events.
For most short-term traders this is generally the best approach. It keeps one out of the wildness that can come with unexpected results. That volatility makes meaningful trading very challenging, and not very profitable for most people. The majority of folks are better off waiting to see how the market settles out afterwards.

3) Trade in a timeframe for which the kind of intraday swings created by news events are of no significant impact.
This generally means taking on positions with relatively wide stops that are expected to be held for at least several days, if not weeks or more. The approach here is to play the bigger price movements with the view that intraday swings are just blips.

You personal trading style will dictate the approach you take.

One other thing I would add in comes in the area of trading systems and their performance around news events. If a system has been tested over a sufficiently large data set relative to the timeframe it trades then that means it would include any number of data releases and other news items, and thus their impact on prices. As such, the user of such a system, if the performance is deemed solid, should not concern themself over much with releases. They are, essentially, factored in to the system’s performance.

Secret to Trading Success


If you’re reading this blog post because you actually think there is some one thing that successful traders know that unsuccessful ones don’t, then let me first say:

There is no single secret to successful trading!

And by that I mean there is no secret wisdom passed down from master to pupil, or sacred texts sharing with readers the knowledge of the ancient masters. The idea that some traders are using secret techniques which ensure their trading success and that without those secrets one cannot possibly trade well is farcical. That simply isn’t the way of things. Sorry to disappoint you if that was your thinking.

Trading success comes from developing for yourself a good, well thought-out trading plan. That’s a plan which is based on your personal needs, strengths, interests, and all of that. This is something which takes time. It will not happen in one day. It takes exploring and learning.

You will often hear from successful traders that it took them a couple of years before they really found their feet trading. I know that was certainly my own case. You try things. Some work and some don’t, and you make adjustments.

Remember, though, that a trading system is not a trading plan. It’s only part of one. (see the series of articles I wrote about building a trading plan starting with Creating Your Own Trading Plan.)

Trading success also comes from being consistent. That means repetitively applying your trading plan over and over and over again. That probably sounds pretty boring, but the truth of the matter is that good trading quite often isn’t the most stimulating thing in the world – at least in terms of the execution.

Both elements of this are equally important. Not having a well developed plan will mean failure just as not sticking to that plan will. As Brett Steenbarger recently wrote in his blog:

“It’s a common observation that traders fail because they don’t stick to their plans. My experience is different. Traders develop plans and trade patterns that simply don’t work; they’re based on randomness. When the patterns don’t work, traders become frustrated and abandon their plans. So it looks like lack of discipline causes trading failure. But planning doesn’t create success; sound planning does. Sticking to plans based on randomness is no virtue.”

And it most definitely doesn’t stop there. Another secret to successful trading is that you must never stop learning. Steenbarger noted “The successful traders have a passion for markets, which is very different from a passion for trading.” and that ”The ratio of “practice” time (time spent on markets outside of trading) to trading time is a worthwhile indicator of a trader’s prospective success.” From a system trader’s perspective, Bill Rempel added “System development and testing never stops.”

Markets change and you must adapt to survive.

Actually, it all reminds of a movie that most likely you’ve never even heard of - A Circle of Iron. It’s based on a script written by Bruce Lee with David Carradine one of the lead actors. The hero goes on a quest to find the Book of All Knowledge. Of course he must overcome many challenges to find it. When he finally gets to read the book (spoiler coming!) he finds that it’s nothing but mirrors. It’s all very Zen, of course, but the lesson that the secret lies with you is very much the point I’m trying to make here.

So there you have the secret to winning in the markets.a