Posts Tagged ‘hobbies’

Finding A Forex Broker

Saturday, January 1st, 2011

If you want to get involved with foreign currency exchange or Forex you will need a Forex account. That is obvious enough, I think, because it is just too costly, the overheads are just too high, to just go into the bank and buy a few thousand dollars worth of whichever currency you think will rise in value.

If you open a foreign currency trading account with a Forex broker, you will never actually see the notes of the currency you buy or sell, it is all done electronically and so the transaction is much cheaper..

You can find a Forex dealer by keying those words into a search engine, but actually you are no better off then. You will have a list of names, sure, but you will still not know which one is preferable. If you trust my opinion, I would like to propose that you begin with my favourite. I say my favourite, but it is also the major online Forex trader in the world, turning over $70 billion each and every month.

Not only that but it has achieved all this, set up a business and risen to world pre-eminence since its foundation in 2002. That must tell you something, eh? The company’s name is Advanced Currency Markets. It is Swiss, but it has branches all around the world as well.

There are many other Forex brokers too. In fact, the numbers of Forex traders or brokers has mushroomed since home computers and the Internet became popular after about 1995. This means that unsurprisingly there are some that are worse than others and some that are virtually fictitious, so you would be intelligent to take a few precautions before you part with any money.

The first thing to do is visit the web site. Look around and try to get a sense for the place. Are there lots of spelling mistakes? are there dead links? Send a message to support, did you get a reply? Did it come quickly enough for you?

Key the name into Google again with the word ‘problems’, such as ‘Advanced Currency Markets problems’. See what other people think of the broker. Check out the firm’s foreword about itself, do they make it seem as if you will be rich soon after opening a Forex account with them? If they do, be wary.

You will be required to transfer money into your new Forex account eventually. This is normal and it should not worry you if the company is abroad, although I personally would stick with the USA, Europe, Australia, Canada and New Zealand. If you want, you could ask your bank to check out the beneficiary of your money, just to be sure. It may also give you cover, if you money goes astray.

It is much simpler to avoid being cheated these days, so long as you do your homework. Research is the key on the Internet and the same holds true for when you are searching for a trustworthy online Forex broker.

Owen Jones, the writer of this piece, writes on many topics, but is presently concerned with Forex dealing. If you are interested in dealing with an FX Trading Account, please visit to our web site.

Reading A Forex Chart

Friday, December 31st, 2010

Gambling on Forex is all about forecasting and the only tools you have to help you forecast are news and charts, both being ways of representing historical data. Therefore, if you want to make money out of currency dealing, it follows that you will have to be able to interpret these data properly. The news can be manipulated by corrupt governments and corrupt officials, but historical charts can not. Therefore, the first task of any would-be currency trader is to come to learn how to interpret a Forex chart.

The basic Forex chart is a graphical depiction of how one currency has fared against another. Therefore, you see USD/GBP and USD/EUR charts, showing the historical movements of the US dollar against the British pound and the Euro respectively.

When you open a Forex account with a broker, charting software should be part of the deal, if it is not look elsewhere quickly. The charting software will allow you to plot your two target currencies against each other.

A standard Forex chart or graph will have two axes. The bottom axis or line is a time line and can read in any units: years, months, days, hours or even minutes. The side axis will read in units of currency: usually tenths of a cent or penny or possibly whole cents. Whatever the units are, they will be clearly stated on the chart.

You can change the time frame at the click of a button so that you can first look at the long term tendency, then the medium term tendency and finally the short term trend, which could be as short the last hour or minute by minute. It is particularly interesting to watch a currency pair when important news breaks, like, for example, the GBP/EUR when the UK election results are declared.

It could go either way, but if there is a strong vote for one party or another, it means stability, whereas a hung parliament means instability. Stability will probably mean a stronger GBP, but would the international financial community rather a Labour or a Conservative government?

There are thousands of possible currency pairs, but most Forex brokers will only deal in a few dozen. However, it is very hard to remember all that data, so charting is useful to remind the currency trader of recent and not-so-recent trends.

Some people say that charting is more or less a waste of time, because no chart would have predicted 9/11 and that is true, but the fact is in truth, that if you want to gamble real money on the Forex market, you will have to learn how to read a Forex chart.

Owen Jones, the author of this piece, writes on many subjects, but is now involved with how to be a currency trader. If you are interested in dealing with an FX Trading Account, please go to our web site.

Five Simple Steps For Developing Successful Forex Trading Systems

Thursday, December 30th, 2010

The foreign currency trading market, better known as the Forex, is by far the biggest market in the world. In excess of two trillion dollars are traded on it each and every day, whereas ‘only’ 50 billion dollars are traded on the world’s principal stock exchange, the New York Stock Exchange, every day. This actually makes Forex bigger than all the world’s stock exchanges together!

It is possible to get a managed Forex account, which means that you pay a professional Forex trader to administer your money and trades for you. You have as much say in your account as you like or none at all. However, this is not the way to make a decent amount of money unless you begin with a lot of money.

If you want to build up a small fortune from a few hundred or a few thousand dollars, you will have to do a lot of research yourself. If this is your main job, because you are retired or unemployed, that is fine. If you are working and treat Forex dealing as a hobby, that is okay too, but researching the markets of a few currencies is the key. Gambling wildly is not.

There are a few basic principals that you ought to be conscious of, before you start to think about devising your own personal Forex trading system.

Firstly, a successful Forex trading system is usually quite simple. Complicated trading systems with too many rules are too difficult to follow and it is a simple truth that simple systems work better than complex ones. They simply have a higher likelihood of success.

Secondly, a successful Forex trading system cuts losses and runs profits. Your system will have to be able to cut losses quickly, if not straight away.

Thirdly, a successful Forex trading system follows long-term trends. Focus on long-term trends and you will see better results.

The five tips to trade Forex effectively are:

1. Your trading system must be as simple as possible. Incorporate only a a small number of essential rules and an wide-ranging investment administrative system.

2. Only look for long-term trends. A week is not long enough, a long term trend will continue for months, but take into account local events like elections, industrial relations and even the weather (for seasonal earnings).

3. Look for unexpected changes to trends and try to work out why they occurred. Can you ride the trend, or will it reverse? This will take research and perception.

4. Try to learn how to read charts. This is a subject all on its own and there is a huge amount of material on the topic. Read up on Stochastic charts to start with and then go on to others.

5. Specialize. Concentrate in a few currencies, the countries of which interest you too. Read all the news items you can get hold of, listen to TV reports and keep your ears open to every bit of intelligence that comes your way,

You do not have to react to everything you hear, but over time hopefully you will learn to differentiate between what can have an effect on a currency and what may not.

Owen Jones, the writer of this article, writes on many subjects, but is presently involved with Forex dealing. If you are interested in dealing with an FX Trading Account, please go over to our web site.

Will the Cuban Embargo make their Cigars Illegal Forever?

Wednesday, December 29th, 2010

If you’ve ever wished you could pop open your humidor case and pull out a tasty Havana, you’re not alone. Cuban cigars are even clichd as a metaphor for the best of the best. If you’re wondering if this embargo will ever end, you’re also not alone. The cigars that come out of this nation are renowned around the world for being incredible. The term Hecho in en Cuba-Made in Cuba-hasn’t been seen in the US for many years.

This law dates to the 1960s. President John F. Kennedy and Cuba’s new dictator following the 1959 communist revolution, Fidel Castro, were famous for being antagonistic toward each other. In 1962, Kennedy imposed the embargo as a putative measure against the island. Cigars were seized and trade was closed off. The cigars, of course, are not only completely safe, they’re better than most others.

The escalation of hostilities between Castro and the US started quickly after the 1959 revolution. Castro seized all private property on the island, booted American business interests out and imposed an Eastern-bloc style dictatorship and command economy. To make things even hotter, he aligned himself with the USSR and railed against the excesses of the US in speeches. The final blow was when he decided to allow the USSR to locate missiles on his island. This came very close to leading to a global nuclear war between the USSR and US and the US subsequently tried, and failed, to assassinate Castro several times. They even tried poison cigars!

For many Cuban-American exiles and some other Americans, lifting the embargo would mean implicit acceptance of Cuba’s communist regime. Today’s college students may not have even lived during the Cold War, but the bitterness involved in this fight is still very much a heartfelt thing among many. The embargo has actually gone way beyond where most have ventured. A US citizen is technically committing a crime by buying a Cuban cigar in a foreign nation!

There are continually efforts being made to lift this embargo, but old wounds run deep and it’s more likely that marijuana may actually be legalized in the US before Cuban cigars are allowed back on the mainland. Despite the fact that Cuban cigars are the best in the world by most accounts, Americans cannot have them.

Forex Trading As A Money-making Hobby

Tuesday, December 28th, 2010

If you are searching for a money-making hobby akin to the stock market, then the Forex market might be what you are searching for. Forex is an acronym of ‘Foreign Exchange’ and is sometimes written as FX. The Forex market deals with all the currencies of the world and their correlation with each other. The Forex works on a similar basis as the stock exchange.

However, Forex is not the same as a stock exchange in that it is a global market operating 24 hours a day, 7 days a week. For instance, the NASDAQ, the DOW or the FTSE are only concerned with companies that are active in their own country and are only accessible to most people from 09:00 until about 16:30 local time. Therefore, stock exchanges are far more restricted than Forex.

Forex deals usually come to trillions of dollars every day of the week and you can choose which currencies you want to specialize in: say, the USD against the GBP, written as USD-GBP or vice versa. The major currencies are USD, JPY, GBP, CHF, EUR, AUD, NZD and CAD

The gamble that you will be making is the rise or fall of one currency against another. For instance, you may think that the GBP has fallen enough against the dollar and that once the election is over and there is less political uncertainty, the GBP will rise against the USD. That would be your bet. You may believe that the Iraqi war will end soon and that the Iraqi currency will then rise against the dollar. Again that would be your bet.

There are many trading strategies that you should learn over time, but if I included them in this short article, I would not be able to do the strategies justice. If you want to examine Forex trading, you should get hold of a specialized book on the subject.

However, one of the most essential concepts or strategies in the Forex market has a counterpart in stock exchange trading: that is the stop-loss. The stop-loss is an order that you put with your Forex dealer that if you start losing money heavily, they will automatically sell your positions (bets) for you. This is effective if you make a serious error of judgment or something unexpected occurs, like a terrorist bomb or a revolution.

The disadvantage of a stop-loss limit is that it consolidates a loss. The loss is there, written in stone, whereas if you keep the position open, it may recuperate. Because it is easy to lose money and lots of it very quickly, it is sensible to only gamble with money that you can afford to lose.

Some Forex trading companies allow quite small minimum bets, but you have to take into account the cost of placing the bet. The Forex trading company may charge 1% of the gamble or a fixed rate like $10 per trade. This will influence the minimum bet that it is worth placing. Therefore, some research is required before placing a bet. First you investigate the countries concerned and then you, work out how much the currencies will move and then you add on the cost of the bet. That will tell you how much the currency has to rise before you make any money.

Owen Jones, the writer of this article, writes on many topics, but is presently involved with Forex dealing. If you are interested in dealing with an FX Trading Account, please go over to our web site.

Gettysburg, Pennsylvania – For American Civil War Enthusiasts

Thursday, December 9th, 2010

If you are at all interested in either Pennsylvania or American history, you will certainly have heard of Gettysburg, Pennsylvania and the historic activities that took place there during the American Civil War. The three day long battle that took place there in July 1863 was cruel and bloody, but was hailed as a victory for the Unionist North.

Even so, one quick look in the Union Army burial ground in the Gettysburg National Cemetery on Cemetery Hill will persuade you that the victory came at a very high cost. The cost in human life and human suffering was gigantic on both sides. Later on in the same year, Abraham Lincoln gave a discourse which was to become famous throughout the world as the Gettysburg Address.

These days, the Gettysburg National Military Park is a tranquil place, but it serves as a moving reminder of the battle that was fought, the strategies employed, the heroism of the combatants and the willingness of military leaders to sacrifice the common soldier for political objectives.

If you go to the Gettysburg National Military Park, you would do well to begin your trip in the visitors’ centre. There you will be able to pick up books, pamphlets and leaflets to help you orientate yourself when you are on the battlefield, even if you are familiar with how and where the genuine battle was fought.

If you think that it would be too much for you to work things out for yourself or if you do not have a lot of time, you could join one of the frequent guided tours. If you are somewhere in between these two positions, you could first watch a film in the Cycloarma Center, where there are also historical items recovered from the battleground on the numerous excavations that have taken place over the nearly 150 years since the battle at Gettysburg took place. If you do not look around the museum before you go on to the battleground, you should look later.

If you are going to Gettysburg to enlighten your children about that most important epoch of American history, you should first check out the special interest programmes available to 7-12 year olds in the warmer summer months. One programme permits children to enlist in the army of 1863 for an hour in order to get a sense for what it was like for soldiers of the day and what it was like for the children that helped them fight.

Another programme consists of a story-teller recounting stories of what it was like to be a child in the days of the Civil War and the role that kids played both in the war and in civilian life in those days.

Gettysburg is a fascinating place to visit whether your family was involved in the battle there or not. Many of the combatants’ names and place names like Devil’s Den and Cemetery Hill will already be known to you and a visit to the Gettysburg National Military Park will bring them back to life for you.

Owen Jones, the author of this article writes on many topics, but is at present concerned with thinking about the Poconos International Raceway in Pennsylvania. If you would like to know more or check out some great offers, please go to our website at Poconos Vacations.

Berkhamsted Castle – A Little Of Its History

Thursday, December 9th, 2010

The exact origin of Berkhamsted Castle is unclear. It was almost certainly built by Robert, Count of Mortain and Earl of Cornwall, who was the half-brother of King William I. Robert prospered from the Norman Conquest in 1066 and grew even more rich during the following years.

However, his son made a big mistake by backing Robert of Normandy against King Henry I. Henry confiscated the castle and its grounds and put it up for rent. A number of wealthy families rented it from time to time, one of whom was Thomas Becket.

Berkhamsted Castle is of the classic style for its age in that it is a motte and bailey castle. The motte is a tall conical rise of earth on which would stand the last line of defence, the keep. Two ditches surround the bailey with a rampart in between. The ditches may or may not have been full of water.

The motte and bailey and its keep were the ancient equivalent of a modern strong or safe room. If the outer concentric walls of the castle were breached, the family living in the castle and their most trusted soldiers would flee into the keep and lift up the drawbridge. Any would-be attackers now had to advance over open ground, in effect a killing field.

Then the invaders would have to cross a ditch or a moat under heavy fire, climb over a rampart and swim another moat. If they got that far they would face a sheer keep wall with no windows doors or toe-holds while a withering shower of rocks and arrows poured down upon them from a great height.

The keep at Berkhamsted Castle has been taken away quite some time ago. It has to be remembered that castles were symbols of foreign oppression and were fiercely hated by the indigenous locals. The first castles or forts really were Roman; then came, Saxon forts and castles and finally Norman castles – all owned by marauding foreigners.

So once a castle was ruined or badly damaged, it was not unusual for the locals to pillage the ruins in order to build a new cottage for their family or a new cowshed for their livestock. It was easier to steal the rocks from the dilapidated castle than quarry them themselves. So, the original rocks that were Berkhamsted Castle are probably to be found under centuries of plaster in the near-by local farmhouses.

Having said that, there are still parts of the original flint wall from the era of Thomas Becket’s occupancy of the castle. The pieces of stone were probably too small to be worth pinching.

The remnants of three semi-circular towers flank this wall which ran from the motte to the bailey. They as well lie in ruins although the foundations show what they were. There are also the ruins of a barbican at the north end of the bailey.

There are hundreds, if not thousands of castles in the United Kingdom. Most of them lie in ruins but some are very well conserved and some are even still occupied, like Windsor Castle for instance.

Owen Jones, the writer of this article, writes on a variety subjects, but is now concerned with the bouncy castles for sale. If you would like to know more, please visit our web site at Bouncy House Rentals

The Ancient History of Barry, South Wales: Part One

Tuesday, December 7th, 2010

Much of what we know or have supposed about Barry and the Vale of Glamorgan, in which it is situated has been gleaned from the buildings found there, many of which have been badly neglected for too long. There are also legendary stories, such as that of Joseph of Arimathea, who traded tin in Glastonbury, just across the channel and who was one of the first missionaries to this part of the country.

Tradition maintains that the father of Caractacus took his son to Rome and was converted to Christianity. They returned to the Vale of Glamorgan with the missionary Bran the Blessed. We do know that Christianity had become fairly popular by the early 4th. Century and that south Wales sent some bishops to the Council of Rome.

One of the oldest shrines in the vicinity is St. Baruch’s Church on Barry Island, but it is also in very poor condition. Barry Island was one of the most important monastic retreats of the period in south Wales. Steep and Flat Holm islands in the Bristol Channel were also highly significant in this regard. Another very important part of the puzzle was St. Illtyd’s Seminary in Llantwit Major which had 2,200 students.

Porthkerry Point jutted out into the sea almost certainly further out than it is today and a castle was constructed there on the site of an ancient Roman fortress and naval dockyard. Many deer and wolf bones have been found between Barry and Sully, indicating the presence of these animals in great numbers. Arrowheads, flints, bone needles and coins have also been found.

Barry Island was first called ‘Baruch’s Island’, as far as we know, after Saint Baruch. St. Baruch had been found on one of the beeches, washed up dead in 700 AD. He is known to have drowned when returning from Flat Holm, which was commonly used as a retreat by religious people over Lent.

He and Gwelches were both students of St. Cadoc and when they had got back from Flat Holm, they realized that they had left their enchiridion (religious manual) behind. St. Cadoc made them go back for it. Neither monk returned from the trip alive.St. Illtyd, St. Baruch’s most famous disciple was educated there too.

Barry Island has had several names, including Island of the Saints and Insular of Peiros. St. Peiro was the leader of the seminary after St. Illtyd and the mentor of St. Samson. St. Doeninas was also a leader of another abbey near Friars Point on the island.

If you are interested in Welsh corgi puppies, or Wales in general, visit our website at Welsh Products Online

Dogs And Temporary Kennels

Monday, December 6th, 2010

Are you the sort of dog owner who likes to take your companion with you wherever you go? If you are then you know that that there are times when you can do this, but there are also times when you can not, for whatever reason.

On the occasions when that happens, you will usually have to to find a boarding kennels that will take care of your dog while you are away.

A vacation is a time for relaxing, so you do not want to be worrying about your dog, if you can help it. Within your own country, it is not usually a big problem, but if you go abroad, then taking your dog can be more trouble than it is worth. Not only for you, but for your doggy friend as well.

If you can not place your dog with someone it knows, like a member of your family or a neighbour, then the only option is a boarding kennels.

I have put my dog in a bad kennel once and I learned a few lessons from that. I put my Becky in a kennel in a highly regarded village just outside our town. I was happy with what I saw and the sales pitch of the owner, so I went to Spain, thinking that all was fine for both of us. I had a great holiday and went straight to the kennels from the airport on my return, although I had told them a fortnight before that I would pick Becky up the day after my arrival. I just could not wait to see her.

I went to the kennels and they were surprised to see me. Of course, I was a day early. They said that Becky was ‘resting’ and that it would be better to ‘come back tomorrow’. No way! So they took me to see her. I nearly cried. She was sitting in a good sized cage, but on newspaper sodden with pee.

She saw me and just looked down at her paws. I called her name again, but she did not want to know. I paid the bill and put her in the car on the front passenger seat where she always sat. She just looked out the window and showed no interest in me whatsoever.

It was three days before she would speak to me again! The moral of this story is not to be impressed by big adverts or impressive locations as I was. Ask your dog-owning friends, write into the local paper inviting recommendations, phone the local animal protection society or the kennel club or look on the Internet.

If you are interested in Welsh corgi puppies, or Wales in general, go to our website at Welsh Products Online

Tips For Bow Fishing

Sunday, December 5th, 2010

Archery fishing is also known as bow fishing and it is as ancient as the bow and arrow themselves. We in the West are inclined to think that only poorer tribesmen in Third World countries go bow fishing, but that is not quite true.

These days the hunting of mammals is strictly controlled and so some people who like to hunt with a bow will switch to bow fishing if the animals that they like to pursue, say deer, are out of season. Some other people, who would not hunt a deer or bear are quite happy to hunt fish in this fashion.

Bow fishing is a skillful sport, but the equipment need not necessarily be hi-tech. The fact is that you can use whatever bow you have or you can just make one. It does not have to be strong, because the quarry is seldom more than ten feet away. You categorically do not need a 100 lbf longbow to kill a trout.

Having said that, any bow used for fishing will need to be adapted slightly – you will need to attach a reel to it, but it does not have to be anything fancy. There are three principal types of reel for use in bow fishing: hand-wrap, spincast and retriever and the line is usually braided nylon of approximately eighty pounds although you might require six hundred pound breaking strain line for alligators or sharks.

It is worth checking out the regulations with regard to bow fishing in your country or state, because sometimes bow fishermen have to be licensed and sometimes getting that license involves having been on a safety course.

Some regions will even have regulations concerning the type of equipment you can use in bow fishing and of course, some fish have seasonal limitations.

Bow fishing is a hybrid of fishing and hunting, so you could have to acquire some new skills like tying knots for instance. You will have to be able to tie the line to the reel and the arrow and those knots will have to be able to put up with the tremendous acceleration that an arrow leaving a bow goes through without failing.

The bow may not differ much from a normal bow, but the arrows certainly do. Arrows for bow fishing are normally a lot more substantial that air-flight arrows. They also have barbed points to prevent the fish escaping or just slipping off when you reel it in. The arrows do not have fletching either because flights are apt to avert the true course of the arrow in water – the opposite of in the air.

There are three main techniques used in bow fishing: 1] you can put down ground bait and lie in wait. – an over hanging tree or high rock is good for this; 2] you can float down stream in a dinghy while sitting or standing in the prow; 3] you can walk into the river like a salmon fisherman.

Compensating for the refraction of the water is the most difficult ability to learn and that means knowing the water well as well.

Owen Jones, the author of this piece writes on various topics, but is currently involved with archery recurve bows. If you would like to know more or for special deals, please go to our website at Kids Archery Set.