How To Make Money Run After You (Part 1)

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Forex Club Manila has been upgraded to Forex Club Asia!

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Hi Everyone!

Please know that as of March 2011 Forex Club Manila has now been upgraded to Forex Club Asia!!! Excellent!!!

And as a Token of our appreciation for all your support, we encourage you to join us for FREE!

Become a “Starter Member” at Forex Club Asia. It is completely FREE!


We were all beginners in Forex at one point, and we understand how incredibly exciting and at the same time very confusing this market could be. Which is why we invite you to learn and trade Forex with us, a community of like minded people across Asia. If you are a complete beginner or have been at it for a few months but are still confused on how to trade the forex market, then the Starter Membership is absolutely for you.

Here’s What You Get:


Money Management Planning Form: “The Withdrawal Planner”

At Forex Club Asia, we value our hard earned profits a lot! So, we make it a point to “withdraw’ our profits as often as possible. With this form, you will have a step-by-step plan on how and when to “withdraw” your profits. Withdrawing a small amount at a time but doing so frequently will add up over time. This form is truly a must have before you even embark on trading the forex market.

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Money Management E-Book: “Mark’s 10 Mistakes to Avoid in Trading”

Meet Mark So, Forex Club Asia’s founder and Chief Forex Trainer. Being a forex trader since 1998, Mark will share in this short but powerful E-book, The 10 Mistakes to avoid in trading and his 10 Solid Rules to follow. These are golden nuggets of information that has been tried and tested not just by Mark but by the members of Forex Club Asia and Forex Club Manila (a subsidiary of Forex Club Asia). You simply can’t go wrong with this kind of information.

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Online Video Access: Forex Basics: “Understanding What We Trade”

Continue the learning with Mark as he explains what the forex market is all about in simple and easy to understand terms. Your trading education begins here as you will now be painlessly be introduced to the Forex Market. And like all our premium video’s they can be accessed anytime and anywhere at your own pace and at your own time as long as you have internet connection.

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Online Video Access: Forex Basics: “Understanding Currency Pairs”

The 2nd video in the Forex Basics series, Mark talks about how pricing is done in the Forex Market in a way that is so simple, it will blow your mind! This topic is a must understand if you want to get a handle on what and how money is transfered from one currency to another and what, as Forex traders can we do to capitalize on it.

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Online Video Access: Forex Basics: “Understanding PIPs”

The 3rd video in the Forex Basics series, Mark will explain what PIPs are and their dollar value when we trade the forex market. Understanding this unit of measurement in Forex is crucial to understanding how you are doing.

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Online Video Access: Forex Basics: “Understanding Leverage, Lots & Margin”

The 4th video in the Forex Basics series, here you will understand what the Forex Market has to offer you in terms of the money that you trade with, the multiplier effect of leverage, the lucrativeness and dangers of leverage. Also, this is where you understand that it doesn’t really take a lot of capital to trade the Forex Market.

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Online Video Access: How To Navigate the Trading Platform (FXCM / FX Solutions)

Finally, after you get all the basics down, you will now try out what you have learned by opening a FREE practice account with either FXCM or FX Solutions and a step by step video on how to navigate these platforms. Following the guides here will immediately get you to understand what you are doing and get you started on your exciting Forex career!

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Whoa, You had me at FREE dude!


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Welcome Ateneo “Intro to Financial Markets” Participants! June 25, 2010

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Let’s get started with your Forex Education.

Click Here To Register for a Free Demo Account:

Open a Demo Account with FXCM now!

Can’t see the image? Click here instead:

https://secure2.fxcorporate.com/fxtr/demo/?ib=BUSINESSMAKER_UK

Great job! Now let’s begin with the lecture!

Write down notes, ask many questions and we’re going to have a great time!

The Tale of Two Salesmen (Part 2) (via Business Advice by Mark So)

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This is non-forex related but I wanted to share this other article of mine . Read, comment, and have a super great day!
-Mark

The Tale of Two Salesmen (Part 2) First off, I’d like to thank all of those who visited and commented on my blog for Part 1. For those of you who have not yet read it please click here From the comments, it was apparent that everyone has a favored salesman type, either Yin or Yang. But I was truly amazed and happy to read some of the comments that came very, very close to … Read More

via Business Advice by Mark So

Week of Feb 16 to Feb 20, 2009

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Saturday, Feb 14, 2009

4:10PM Philippine time

I wrote last week Obama’s stimulus plan is not going to stimulate the US economy because of all the politicking and amendments. At best, it will only cause more suffering and pain in months to come. Tim Geithner was supposed to pull it all together when he unveiled the plans for the banking sector, he didn’t and in fact caused more panic in the markets when his plan lacked details the market was waiting to hear. Because of that incident the USD strengthened on the phenomenon called “flight to safety” which means that investors pulled out of the markets and kept the majority of their holdings in cash (basically they sold off their assets in exchange for USD).

=> So here’s what you have to remember this week. The more bad news you hear from the US, the stronger the USD will become.

Now, the Bailout plan is ready for Obama’s signature as it has already passed the Democrat controlled house and senate at 787Billion dollars. What remains now is to see what happens. As such the markets, specifically the currency markets will be in consolidation mode this week (basically no clear direction and it will gyrate back and forth or will be trading sideways)

So having said all that, here’re the pairs that I’ll be cooking for the week:

Monday – Feb 16, 2009

No viable opportunities on Monday.

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Tuesday – Feb 17, 2009

Get ready to Sell EUR/USD on Tuesday Feb 17, 2009

The fundamental reason:

At 6PM, German ZEW Survey (business sentiment) will come out which should be bearish for the Euro

Timing Window:

Get ready to sell EUR/USD at these times should a Technical Set up or a Trading signal appear

Philippine Time: 8AM to 12NN (This is GMT+8)

(For non-Philippine residents, please download and use the easy time conversion table found on this link: http://timingyourtrade.com/component/content/article/38-getting-started/58-time-conversion-easy-reference-guide.html)

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Wednesday – Feb 18, 2009

Get ready to Buy EUR/GBP on Wednesday Feb 18, 2009

The fundamental reason:

At 5:30PM, Bank of England Minutes of the Interest Rate Meeting will be released which should be bearish for the interest rate outlook for the GBP

Timing Window:

Get ready to buy EUR/GBP at these times should a Technical Set up or a Trading signal appear

Philippine Time: 8AM to 12NN (This is GMT+8)

(For non-Philippine residents, please download and use the easy time conversion table found on this link: http://timingyourtrade.com/component/content/article/38-getting-started/58-time-conversion-easy-reference-guide.html)

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Get ready to Sell GBP/USD on Tuesday Feb 18, 2009

The fundamental reason:

At 5:30PM, Bank of England Minutes of the Interest Rate Meeting will be released which should be bearish for the interest rate outlook for the GBP

Timing Window:

Get ready to sell GBP/USD at these times should a Technical Set up or a Trading signal appear

Philippine Time: 8AM to 12NN (This is GMT+8)

(For non-Philippine residents, please download and use the easy time conversion table found on this link: http://timingyourtrade.com/component/content/article/38-getting-started/58-time-conversion-easy-reference-guide.html)

Thursday – Feb 19, 2009

No viable opportunities on Thursday.

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Friday – Feb 20, 2009

Get ready to Sell EUR/USD on Friday Feb 20, 2009

The fundamental reason:

At 4:30PM, German PMI (GDP related data) will come out which should be bearish for the Euro

Timing Window:

Get ready to sell EUR/USD at these times should a Technical Set up or a Trading signal appear

Philippine Time: 8AM to 12NN (This is GMT+8)

(For non-Philippine residents, please download and use the easy time conversion table found on this link: http://timingyourtrade.com/component/content/article/38-getting-started/58-time-conversion-easy-reference-guide.html)

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Get ready to Sell GBP/USD on Tuesday Feb 20, 2009

The fundamental reason:

At 5:30PM, UK retail sales (GDP related data) will come out which should be bearish again for the GBP

Timing Window:

Get ready to sell GBP/USD at these times should a Technical Set up or a Trading signal appear

Philippine Time: 8AM to 12NN (This is GMT+8)

(For non-Philippine residents, please download and use the easy time conversion table found on this link: http://timingyourtrade.com/component/content/article/38-getting-started/58-time-conversion-easy-reference-guide.html)

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Well that’s my forecasts and timing windows for this week, please only follow my advice at your own risk.

Should anything change I will update this post!

Monsterpips to All!

-Mark

P.S. Happy Valentines To All!

Week of Jan 26 – Jan 30, 2009

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Sunday, Jan 25, 2009

9:00PM Philippine time

Last week we saw a terrible loss of confidence in the Eurpoean banking sector which lead to a massive collapse of both the Euro and the Pound. It was triggered by 1.) UK Prime Minister Gordon Brown’s announcement of a 50 Billion GBP government infusion to insure UK’s toxic assets and 2.) The Royal Bank of Scotland (RBS) announced a full year’s loss, the largest corporate loss in UK history. In Euroland, on the other hand, there was an article in Dailyfx that there are flaring tensions and talks of a breakup (or breakdown) of the Euro. While I don’t think the ECB will be abandoned fairly easily, I do think that the Euro is as affected as GBP in terms of confidence loss and getting investors to rally behind them. At least, not for this week.

Now, trading the markets this week would be easier if there was some good news in the US, problem is there is none to speak of, especially this week. President Obama is now just beginning to tackle the many, many problems facing the US and is focused on the internal re-arranging of bailout priorities leaving the rest of the world to fend for themselves in the mean time. The Dow closed down around the 8,000 level and investors everywhere are rubbing their foreheads trying to figure out what to do now. Aspirin anyone?

As for me, I do still see some opportunities this week, So here’re the pairs that I’m cooking:

Monday – Jan 26, 2009

Get ready to Sell USD/JPY

The fundamental reason:

At 11PM Philippine Time, US Housing data and leading indicators are set to come out more bearish than ever.

Timing Window:

Get ready to Sell USD/JPY at these times should a Technical Set up or a Trading signal appear

Philippine Time: 12NN – 7PM (This is GMT+8)

(For non-Philippine residents, please download and use the easy time conversion table found on this link: http://timingyourtrade.com/component/content/article/38-getting-started/58-time-conversion-easy-reference-guide.html)

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Tuesday – Jan 27, 2009

Get ready to Sell NZD/USD

The fundamental reason:

At 5:45AM Philippine time, next day Wednesday the New Zealand Rate decision comes out which is expected to be a full 1 point cut from 5% to 4%.

Timing Window:

Get ready to sell NZD/USD at these times should a Technical Set up or a Trading signal appear

Philippine Time: 8PM to 12MN (This is GMT+8)

(For non-Philippine residents, please download and use the easy time conversion table found on this link: http://timingyourtrade.com/component/content/article/38-getting-started/58-time-conversion-easy-reference-guide.html)

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Wednesday – Jan 28, 2009

No viable opportunities for Wed.

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Thursday – Jan 29, 2009

No viable opportunities on Thursday

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Friday – Jan 30, 2009

Get ready to Sell CAD/JPY

The fundamental reason:

At 9:30PM Philippine Time, Canadian GDP comes out which is also expected to kick the pair lower

Timing Window:

Get ready to Sell CAD/JPY at these times should a Technical Set up or a Trading signal appear

Philippine Time: 12NN – 4PM (This is GMT+8)

(For non-Philippine residents, please download and use the easy time conversion table found on this link: http://timingyourtrade.com/component/content/article/38-getting-started/58-time-conversion-easy-reference-guide.html)

————————————————————————————————-

Well that’s my forecasts and timing windows for this week, please only follow my advice at your own risk.

Should anything change I will update this post!

Monsterpips to All!

-Mark

Week of Jan 19 – Jan 23, 2009

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Sunday, Jan 18, 2009

3:00PM Philippine time

This week is about the hope of change as President Elect Obama gets inaugurated on Tuesday. The whole world will be watching every word he says in his speech. It is never good to mix politics with financial concerns however because of the ongoing Financial Crisis, the world including the financial sector in all countries is looking at the new US Leader to see where the world goes from here.

I still maintain the reversal in USD strength from now until March or even June 2009.

(I gave my reasons 2 weeks ago), but more importantly now, interest rate cuts from all countries are easing somewhat with a wait and see attitude. ECB president Trichet himself said that there will be a postponement of any further rate action / decision until March. The UK also said something similar last week. This week, we will see inflation reports in the form of CPI and PPI from UK and Europe to show a slight increase in prices once more which if I’m correct will keep Eurozone and UK interest rates untouched for the short term.

Last week, the NON-USD Majors corrected downwards while the USD recovered a bit. So this week would be a good week to start buying low once more for the EUR, AUD, GBP.

So here’re the pairs that I’m cooking this week:

Monday – Jan 19, 2009

No viable opportunities for Monday.

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Tuesday – Jan 20, 2009

Get ready to Buy GBP/USD

The fundamental reason:

At 5:30PM Philippine Time, UK CPI comes out which is expected to boost the pair higher

Timing Window:

Get ready to buy GBP/USD at these times should a Technical Set up or a Trading signal appear

Philippine Time: 8AM to 12NN (This is GMT+8)

(For non-Philippine residents, please download and use the easy time conversion table found on this link: http://timingyourtrade.com/component/content/article/38-getting-started/58-time-conversion-easy-reference-guide.html)

———————————————————————————————–

Get ready to Buy NZD/USD

The fundamental reason:

At 5:45AM the next day Wednesday Philippine Time, New Zealand Retail Sales come out which I believe will be better than most analysts expect and should give the Kiwi a boost.

Timing Window:

Get ready to buy NZD/USD at these times should a Technical Set up or a Trading signal appear

Philippine Time: 10PM to 12 MN (This is GMT+8)

(For non-Philippine residents, please download and use the easy time conversion table found on this link: http://timingyourtrade.com/component/content/article/38-getting-started/58-time-conversion-easy-reference-guide.html)

————————————————————————————————

Wednesday – Jan 21, 2009

No viable opportunities for Wed.

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Thursday – Jan 22, 2009

No viable opportunities on Thursday

————————————————————————————————-

Friday – Jan 23, 2009

Get ready to Sell CAD/JPY

The fundamental reason:

At 8PM Philippine Time, Canadian core CPI comes out which is also expected to kick the pair lower

Timing Window:

Get ready to Sell CAD/JPY at these times should a Technical Set up or a Trading signal appear

Philippine Time: 12NN – 4PM (This is GMT+8)

(For non-Philippine residents, please download and use the easy time conversion table found on this link: http://timingyourtrade.com/component/content/article/38-getting-started/58-time-conversion-easy-reference-guide.html)

————————————————————————————————-

Well that’s my forecasts and timing windows for this week, please only follow my advice at your own risk.

Should anything change I will update this post!

Monsterpips to All!

-Mark

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