Holiday Season - Worst Ever?

Coming soon LESSON 3:If I watch the market long enough can I predict its crazy moves?

After following the forex markets on and off love and hate relationship for three years the market is like a bunny rabbit on crack. It goes up when it sees good financial news and goes down when the news is not so good. Forex caught my eye when I did a demo on www.forex.com and did pretty good. Well the last few months have been brutal. I keep trying and the very first step is to use charts www.netdania.com is the only one I use.

Well I can tell you for me and my family the holidays will not be a big one. Today being Turkey Day we will be living "small". No big turkey shin dig like last year. Nope. Anyway many people I've talked to say they've already celebrated the holiday early. That's good. If you read the paper or the news you know the feeling this season and this year is...gloom. I feel like there's a monkey on my back whenever I go out shopping. You can see it in everyone's eye now.

Parking lots are packed in malls across the country but this year cannot campare to last holiday season - that would be like try to dunk a basketball starting on your knees. But its not all bad, deep discouts up to 40-80% off is the norm - that is if you have the money. Here's a good article on the holiday season.

http://biz.yahoo.com/ap/081127/holiday_bust.html

Forex Strategy for week Nov28 - Dec 5

2008 HOLIDAY SEASON -WORST EVER-

Unless the market looks forward to the obama admin news eur/usd should be going down at least two days next week.

Coming soon lesson 4

ECONOMY- thrive or well don't eat

Well I just got my breath back wow. WE HAVE A BLACK PRESIDENT. No doubts about that its done. Anyway has anyone noticed what is going on in the markets. I'll break it down for you
1.)GAS SHOCK first to $4 + per gallon now its down to $2.
2.)GAS DEPEND SERVICES SHOCK: Truckers/Airlines got it point blank. Then it hit everywhere.
2.)FOOD PRICES-Yeah gotta eat.
3.)FINANCIAL SERVICES BLOWOUT: This one is almost never ending. Now its worldwide-
Europe economists commonly say a full recession is here.
4.)WITH ALL THIS DOOM AND GLOOM OPPORTUNITY HAS NEVER BEEN BETTER-ACTUALLY ITS EMBARASSINGLY EASY WITH FOREX TRADING, NAKED CALLS on EVERYTHING!!
Which brings me to LESSON #2:
This is borrowed from "forex.com
Currency symbols:
AUD - Australian Dollar
CAD - Canadian Dollar
EUR - Euro
JPY - Japanese Yen
GBP - British Pound
CHF - Swiss Franc
But thats not all they are paired together and traded as such:
EUR/USD = EURO to US DOLLAR(the main indicator of world trade sentiment)
GBP/USD = BRITISH POUND US DOLLAR
USD/JPY =US DOLLAR JAPANESE YEN
USD/CAD = US DOLLAR CANADIAN DOLLAR
EUR/JPY = EURO JAPANESE YEN
GBP/JPY = BRITISH POUND JAPANESE YEN(my personal favorite- it rallys and dives like a rabbit on drugs)
EUR/GBP = EURO BRITISH POUND
EUR/CHF = EURO SWISS FRANC
GBP/CHF =EURO SWISS FRANC
Get ahead of the game open up a demo (fake money traded on real market) account and
try it yourself.
Lesson #3 next week.

the pasha crew #2 pictures from africa photos on webshots

This is the first of pictures from my trip to Kenya a few years ago. Please send of yours I love fam pics.

the pasha crew #2 pictures from africa photos on webshots