Recommended Forex Course -> HectorTrader's Trend Exploiter

Why is it recommended?

  1. The Course: the detail-rich trading course covers absolutely every aspect of our successful trend-exploiting system: analyze the health of the trend, ride the swings, spot valid breakouts, learn all about in-trade management, etc. All the different lessons are based on 60+ LIVE videos recorded in real time from a seasoned trader(over 600 megabytes worth of videos!).
  2. End-of-the-day Videos: Daily live videos are uploaded at the end of the trading session and verify whether you saw the same trading signals on your charts as on a live professional trader's desk. This will indeed help you polishing possible recurring mistakes on your trading.
  3. One-to-one Support: Continual support and feedback are always welcome with accompanying questions regarding possible entry/exit levels, etc.

Bring your trading to the next level and enroll in Hector's trading course now! (Chapter #1 is free of charge)

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Monthly Pip Count for 2008

  • Total : +4,893

Monthly Pip Count for 2009 TBA

  • Q1: [TBA]
  • Q2: [TBA]
  • Q3: [TBA]
  • Q4: [TBA]

Results will be posted at the end of each respective month.


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Free Copy of February Currency Trading Magazine!

Posted by Yours Truly in Insights

February Currency Trading MagazineHere’s a copy of the latest Currency Trading magazine and for those who’ve never heard of the magazine, among the features covered in every issue:

  • Each month, Currency Trader Magazine brings you the best strategies, analysis, news and trading resources for the global forex market.
  • Trading strategies and systems
  • Interviews with top traders
  • Trading system analysis.
  • Economic and industry news
  • Global Market Summary
  • Reviews of Web sites, software and other technology and books.
  • New products, services and industry events
  • Trading calendar




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Test the Speed of Your Internet Connection now!

Posted by Yours Truly in Insights

I stumbled upon this neat sites that checks your true bandwidth speed compared to your own service providers claim. It turns out that my supposedly 5mb high-speed cable connection is really 4mb with a 500 kb/s limited upload. It’s still good since i’ll be switching to a cheaper provider within the next short while that offers 5mb on a DSL line.

My results are below:

Speedtest Now!

What’s your bandwidth like? Any Rogers Cable users out there?

You can check your bandwidth at http://www.speedtest.net




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Report: 1 in 4 Canadians on Facebook

Posted by Yours Truly in Insights

With some U.S. research estimating that nearly half of all Americans surfing the Internet now visit either MySpace or Facebook, it’s no surprise that corporations and advertisers are eager to cash in on the social networking phenomenon.

Close to 8 million Canadians have signed up – 85% in the past year alone, unpublished study reveals

The list of things that help define Canada just got a little longer: Hockey, Tim Hortons and Facebook.

Despite the recent flurry of bad press over the popular social networking site’s privacy practices, nearly 8 million Canadians – more than one in four – have a Facebook profile page, according to an upcoming study by Toronto-based Solutions Research Group, highlights of which were obtained by the Star.

That makes Canada among the most plugged-in Facebook places in the world, boasting the most users of any country outside the United States and a nearly 15 per cent share of Facebook’s total subscriber base of 57 million.

The survey of 1,000 Internet users, completed in November, also found that about 85 per cent of Canadian Facebook accounts were added in the past year as the popularity of social networking has exploded on the Web.

And it’s not just Canadian teens and so-called “tweens” that are using Facebook to keep tabs on their online “friends.”

Kaan Yigit, the president of Solutions Research Group, said roughly half of all Canadian Facebook users are over the age of 30.

“It’s wonderfully Canadian because I bet that if I ask you where your family is, you’ll say: `They’re all over the place’,” Yigit said. “And Facebook is a good way to keep in touch with friends and family.”

Like online other social networking tools, Facebook allows people to connect with each other through a system of profile pages, friend networks and shared-interest groups.

Toronto alone has nearly 990,000 Facebook users, according to site data, and earlier this year the city was ranked as the site’s largest network, although it has since been overtaken by other cities such as London.

Initially created as a way for college students to stay in touch, Facebook’s meteoric rise in Canada has come largely at the expense of rival MySpace, another social networking site that was bought two years ago by Rupert Murdoch’s News Corp. for $580 million (U.S.).

MySpace only has about a quarter as many members as Facebook in Canada, and adoption already appears to have plateaued, according to Yigit.

In the U.S., by contrast, MySpace remains king with some 72 million subscribers, although Facebook is growing at a faster rate.

Yigit said Canadians’ fondness for Facebook probably has something to with specific cultural traits and the “tipping point” effect that occurs as people naturally follow their friends’ footsteps online.

He said Facebook’s main selling points are its ability to connect users with people they already know and its focus on offering subscribers privacy controls – features that appeal to Canadian sensibilities.

MySpace, by contrast, places more emphasis on giving users a platform to express themselves to a wide audience, which is why several musicians, for example, use the site to distribute their music.

“It’s so stereotypical of Canadian versus American character,” said Yigit. “Canadians are flocking to social media that’s all about staying connected with people you already know, whereas MySpace is about the adventure of meeting new people.”

-Thestar.ca

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Short-term Supply Shock of Counterfeit Goods coming.

Posted by Yours Truly in Insights

U.S. authorities arrested 10 people Wednesday on charges of smuggling $200 million worth of counterfeit goods from China, including false designer handbags and clothing. Similar arrest have been occurring in many major North American cities such as in Toronto, Los Angeles and Chicago.




A grand jury indictment accuses them of importing fake Nike shoes, Burberry and Chanel handbags and Polo Ralph Lauren and Baby Phat fashions that were sent directly to retail stores – not to the kind of sidewalk vendors, common in New York City, who might be expected to be dealing counterfeit goods.

From June 2006 until November 2007, the merchandise was smuggled in shipping containers through the port of Newark, New Jersey, disguised using fraudulent documentation, and delivered to stores in the New York area, the indictment alleges.

An undercover agent posing as an Immigration and Customs Enforcement agent was paid $500,000 in bribes.

“It is always deeply troubling when a criminal enterprise seeks to circumvent our port security, whatever the form of contraband and wherever the point of entry,” U.S. Attorney Michael Garcia, the chief federal prosecutor in Manhattan, told a news conference.

In June, federal prosecutors in Brooklyn charged 29 people in a separate case of smuggling counterfeit goods, also from China, worth $700 million.

This ongoing battle with counterfeit merchandise will forever exist as long as there is a strong demand for people willing to purchase counterfeit goods and as long as costs in China’s manufacturing advantage remains. The only persistent problem will lie in the hands of customs enforcement agencies and similarly to the War on Drugs, this will likely follow suit and fail in the long-term, impacting only the short-term supply.

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Google takes over the world with renewable energy!

Posted by Yours Truly in Insights

By now, everyone is familiar with Google’s corporate motto, “Don’t be evil.” In an effort to spread that message of not-being-evil, the search engine behemoth has announced a plan to develop sources of renewable energy that will be cheaper than coal. The new initiative, RE<C, (renewable energy is cheaper than coal) will begin by focusing on solar power technology, and will also encompass geothermal energy production.

RE<C’s plan, in conjunction with Google’s philanthropic Google.org, is to drive the development of cheaper alternative energy through the use of grants and investments. According to Dr. Larry Brilliant, head of Google.org, the “hope is that by funding research on promising technologies, investing in promising new companies, and doing a lot of R&D ourselves, we may help spark a green electricity revolution that will deliver breakthrough technologies priced lower than coal.”

The company itself is also trying hard to reduce its drain on the environment. Google is working to reduce the energy expenditure of its data centers across the world, all of which need power and cooling for the servers, and plans to be carbon neutral by the end of the current year. It has also been developing an array of solar cells to power its California headquarters, the Googleplex, and is involved in an initiative to arrive at more energy-efficient computers.

With all signs pointing to an increased scarcity of resources in an world growing ever more crowded, philanthropic efforts such as this one by Google are very much needed. Although energy produced by burning fossil fuels has a high social cost when climate change and pollution are taken into account, those costs are not borne upfront. When short-term shareholder value and the need to maximize profit remains the number one priority for corporations, those businesses have no reason to not use the cheapest energy source they can, regardless of its effect on everyone else.

Presumably, the idea behind this move is as follows: if you can’t persuade people that burning coal is a bad idea ecologically, providing them with a cheaper, cleaner alternative makes it more expensive to pollute than not, and even if shareholders don’t care about the trees, they’ll care about the bottom line. At a time when report after report highlights the growing damage done to the planet through the use of fossil fuels, this move by Google to spur renewable energy uptake ought to be applauded.

 

By Jonathan M. Gitlin | Published: November 27, 2007 - 01:49PM CT

Link

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Goodbye imminent for E-Trade?

Posted by Yours Truly in Insights

Nov. 12 (Bloomberg) — E*Trade Financial Corp. lost more than half its market value after the online brokerage forecast a decline in fourth-quarter earnings and a Citigroup Inc. analyst said the company may go bankrupt.

E*Trade will book “significant writedowns” this quarter for asset-backed securities that sank in value last month, the New York-based brokerage said in a Nov. 9 regulatory filing. Citigroup’s Prashant Bhatia wrote in a report yesterday that there’s a 15 percent chance the company will seek protection from creditors after poor management “put the viability of the franchise at risk.”

Chief Executive Officer Mitchell Caplan’s strategy of building E*Trade’s bank by tripling loans outstanding backfired as borrowers fell behind on payments and U.S. home prices declined. The U.S. Securities and Exchange Commission also began an informal inquiry on Oct. 17 “into matters related to the company’s loan and securities portfolios,” E*Trade said.

“A drop in the stock price this severe could prompt retail trading customers, who likely see the performance of E*Trade shares, to withdraw cash from their accounts,” Lehman Brothers Holdings Inc. analyst Roger Freeman wrote in a report to clients today. He has an “overweight” rating on the stock.

In a letter to customers posted on the company’s Web site, Chief Operating Officer Jarrett Lilien said E*Trade is taking “prudent measures” to shore up its balance sheet. The firm will remain “well capitalized” by U.S. banking standards even if it had to write down $1 billion of assets, he said.

E*Trade dropped $5.04, or 59 percent, to $3.55 at 4:20 p.m. on the Nasdaq Stock Market. The stock has fallen 84 percent this year, wiping out about $8 billion in market value. E*Trade’s market value is now almost a tenth of TD Ameritrade Holding Corp., its closest competitor.

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The Internet’s Newest Fad: 2 girls, 1 cup.

Posted by Yours Truly in Insights

You know your a hit when blogs like Perez Hilton and stars like John Mayer (who also covered Chocolate Rain) are creating parodies of your videos.

Here’s the latest parody video of the hit internet sensation, 2 girls 1 cup.com. The link is not work safe, nor for viewers with a weak stomach, under the age of 18, or have a displeasure for scat porn.

But the below parody is fine for viewing:

and here’s a reaction video to the viewing of the infamous 2 girls, 1 cup video and more reaction videos can be found here:




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