BREAKFAST!

"Eat your breakfast. It's the most important meal of the day!" Why are parents always saying that?

Well, imagine you're a car. After a long night of sleeping, your fuel tank is empty. Breakfast is the fuel that gets you going so you can hit the road.

What Should You Eat?

Any breakfast is better than no breakfast, but try not to have doughnuts or pastries all the time. They're high in calories, sugar, and fat. They also don't contain the nutrients a kid really needs. And if you have a doughnut for breakfast, you won't feel full for long.

Just like with other meals, try to eat a variety of foods, including:

• grains (breads and cereals)
• protein (meats, beans, and nuts)
• fruits and vegetables
• milk, cheese, and yogurt

Skipping Breakfast

Some kids skip breakfast because they sleep too late or because they think it's a way to stay thin. But skipping breakfast doesn't help people maintain a healthy weight. In fact, someone who skips breakfast tends to eat more calories throughout the day.

If you find yourself skipping breakfast because you're too rushed, try having Formula 1 shake for breakfast. It is easy to prepare and provide good nutrients needed by our body daily.

Need More Convincing?

Just in case you need more evidence that eating breakfast is the way to go, kids who don't eat breakfast are less able to learn at school, get less iron (an important nutrient) in their diets, and are more likely to have a higher body mass index (BMI), which is a sign they may be overweight.

On the other hand, kids who eat breakfast do better in school, are more likely to participate in physical activities, and tend to eat healthier overall. So tomorrow morning, don't run out the door on an empty stomach. Fuel up with a healthy breakfast!

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The importance of perseverance and never say attitude

Being perseverance and not easily give up in what we do are very important aspects in determine success in what we doing in a long run. Many of us often grumble or even get frustrated when what we do never seems to be fruitful and when things do not go our ways, most people will just self-deceiving by saying “I’m unlucky or I do not have talent in it.” The fact is how many are really in born with talent? We just have to accept the fact that we are normal people and in order to be talented in something, it requires hard work and countless amounts of practices.

No matter how we fall and how painful, the most important is to have the courage to stand up and continue walk on. I myself have met with countless failures. I am not a very bright student compares to my peers and being rank no 39 in the class during my primary schools days, I never give up and continue to work hard. During Polytechnic days, I was dumped by my first girlfriend and my result drop to the bottom I did not give up. Lost thousands of dollars in my first forex trading account and rendered to eating breads for months neither did I give up too. Because of my perseverance and did not give up in what I am doing, I am now who I am. Being accepted into NTU, one of the best university in the world, have at least 6 figures sums in my account at the age of 22.

Nearby Park

Wake up unusually early today, maybe having sleep too much yesterday and some more is an off day OMG that is very unusual for me! After "suffering" for many days due to hectic work schedule, finally i have time to relax and enjoy myself for a day so decide to do some relax stuff. So today i went to stroll around my house nearby park. This morning air was so fresh, maybe having stuffed myself inside house and office too much, abit of greenery also manage to lighten my mood up lol..I have been wanted to take some photo of the park, so today i brought along my camera and manage to capture some nice pictures. The best thing about photography is that you can capture scenes which you think is the best at that moment so that you are able to keep it, who know the next time you go back to the particular spot, you can never spot the same scene again. I really like to take scenery for dunno what reason so can hardly spot human beings in my pictures, well maybe i have yet to find the right feeling or the right person. Well who knows...

I happened to spot this two "mandarin ducks" i guess swimming in the pond..

Factor that affect FX Market

There are mainly 3 factors that affecting the currency trading market. There are the:

Economic factors
Economic factors include the economic policy, disseminated by government agencies and central banks, economic conditions, generally revealed through economic reports, and other economic indicators. These Economic policy comprises government fiscal policy (budget/spending practices) and monetary policy which mean government's central bank influences the supply and "cost" of money and is reflected by the level of interest rates.

Economic conditions include:

• 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 gross domestic product (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.

Political conditions
Internal, regional, and international political conditions and events can have a profound effect on currency markets.
For instance, political upheaval and instability can have a negative impact on a nation's economy. 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 or 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 Swiss franc has been a traditional safe haven during times of political or economic uncertainty.
• 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.

Moving Average Convergence Divergence (MACD)

MACD crossover has long been use by trader to spot exit and entry point due to its simplicity. Similar to moving average it make use of the MACD line crossover the Signal line principal to determine the entry and exit point. So let us now look at how MACD work.

This might be familiar to most traders, but my purpose of writing this e-book is so that all level of trader can benefit from it, so I hope all the slightly more experience trader can bear with me.

MACD Indicator settings:

Chart : 15 Minutes
MACD periods: Standard (12, 26, 9)
Entry Rules : When MACD lines (blue color) cross over Signal lines (Red Color) do wait till the current price bar to close before enter the market.
Exit Rules : When MACD lines next cross over occurs.


As you can see from the screen shot above, MACD entry and exit rules is very simple to apply, however constant monitoring is required and it is not suitable to use alone when market it moving sideways as it will generate false signals.

My news!

Hi all IM readers,

It has been so so long since my last post. I truly apologize for not posting any entry due to my tight work schedule. Been having a very busy month due to some project that i need to rush to meet the deadline. Hopefully by middle of this month, i am able to clear off all this projects. By then i would continue recent update in my blog! Thank you for your patient and hopefully roadtofa can continue provide all of you with useful information.

Missing In Action Stephen