PhilStocks Seminar

My free $5 is now 5.45826, that's good news, good thing that I stick to my belief that the EUR/USD will go down last night. Now im on a short position of 1.3666, I just hope that EUR would drop this afternoon.

Been to the stocks seminar yesterday with my friends sa Ortigas. I dont think that i would go here at this time, maybe because as a newbie, I am still enjoying on looking on the live charts like in the forex where you can monitor all the time and you can pull your bet anytime (except weekends)

As of 3PM, there was a news update that EUR may rise up to 1.3684:

"Forex - Euro Sees Infirmity In Direction Versus Greenback [EUR/USD]

8/31/2007 3:43:01 AM After a short upward trend in the early Asian deals on Friday, the Euro moved in a loose range against its US counterpart in the later part of the session. Largely, the pair moved between 1.3658 and 1.3674 during this time period. Upside and downside, the pair is likely to target at 1.3684 and 1.3580 respectively."

Whoa, im on a short position of 1.3666, id like to test if this news is credible or not but i still like to stick with my plan, i have an exit target of 20 pips, I just hope that Id be able to get that, it had it on 19 pips, tsk tsk! I may have to wait tomorrow or wait for the result of Bernanke's speech.

6th Grade @ Forex

Today the rate of EUR/USD is 1.3660 , im losing almost 38 pips, what more if im playing my own money. I just hope that i wouldnt get a margin call.

At least now i have an extra task here to do in the office. I must pay all my attention to this one before i can go deep about other dramas of my life.

I have to leave the office early because i need to meet my friends in Ortigas to attend on stocks seminar. I just want to see what its all about.

Learning Forex

"1.395" is my number. What is it? That's the EUR/US rate in forex, I was so bored here in the office so i tried to sign up on a demo account, maybe 2 months from now I would deposit my own money and start trading, goodluck to me. And now i am enjoying looking at the charts going up and down. Im using my $5 live account in Marketiva and because I was so excited and now I am down to $4.49, but im still dreaming that i can make it $100. daMaybe ill wait for the result tomorrow.

Reporting for Duty

Its all about the money. Everyday people work on their little tasks, either their doing their jobs in the office or running their own business. Everyone has to make their own dough to keep their world spinning, and that includes me. Being employed does not give you an advantage of finding a time on your own and the pay is not enough to have your own house or even a second hand car, it may but it may take years of waiting before you can get it. So most employed people look for other part time jobs, but thats something that i don't want to do. Good thing that i started to read some forums and I finally found the idea of forex. It took time for me to understand its concept, you would not understand it until you try to run a demo account with real money. There are lots of brokers here in the Philippines but their offers are not good enough, its better to settle for international brokers like Marketiva, Oanda and etc. So far, what i tried is Marketiva and i got familiar on its own interface.