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You can watch the new trailer for the next Harry Potter movie on the web.
Harry Potter and the Half-Blood Prince is due to hit cinemas in July but the makers of the film have whetted our appetites with this spectacular teaser.
The sixth installment of the Harry Potter series sees Dumbledore preparing Harry for battle against the forces of Lord Voldemorte.
With Voldemorte continuing to tighten his grip on the magical and muggle worlds, Dumbledore knows that the final confrontation is not far away.
Harry Potter and the Half-Blood Prince - watch the trailer
It also sees the blossoming of Harry's relationship with Ginny Weasley, as well as Draco Malfoy's dalliance with the dark Lord.
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Web offline (file: chm, Translate: Indonesian Language):
Insight Magazine
Jesus Will Return
Perished Nations
Miracles of the Quran
Evolution Deceit
World Wars Unveiled
Palestian Tragedy
Truth of The Life of This World
Pesentations (file: exe, swf, Translate: Indonesian & English):
Download eBooks. (file: chm, Translate: Indonesian Language):
Evolution Deceit
The dollar advanced this week as rising risk aversion boosted haven demand for the US currency.
The dollar suffered the previous week following the G20 meeting of global leaders in London as an agreed boost in funds available to the International Monetary Fund to fight the financial crisis lifted equities and investor risk appetite.
But the rally in equity markets faded in recent days as the onset of the first-quarter corporate earnings season unsettled investors. This fed through to currency markets, which continued to be driven by the ebb and flow of risk appetite.
Furthermore, the G20 plans to increase funds for the IMF drew criticism in some quarters.
Jurgen Stark, an European Central Bank executive board member, described the creation of the IMF’s special drawing rights, announced after the G20 meeting, as ”helicopter money” for the globe.
Analysts said the comments suggested fears of inflation still lurked at the heart of the ECB.
Ulrich Leuchtmann at Commerzbank said currency markets were suffering a hangover after the G20 party. “The initial euphoria after the G20 summit seems to have faded,” he said.
“The exodus out of the dollar as a safe haven seems less and less likely.”
Over the week, the dollar rose 2.2 per cent to $1.3199 against the euro, advanced 2 per cent to SFr1.1521 against the Swiss franc and climbed 1.3 per cent to $1.4646 against the pound.
The dollar also received a boost as data showed the US trade deficit narrowed to $26bn in February, its smallest level in nine years.
Alan Ruskin, chief international strategist at RBS Greenwich Capital, said the perfect mix of stronger-than-expected US exports and weaker-than-expected imports was very good news for the currency.
“This is potentially a very big deal,” he said. “It is good news for the US economy and certainly significant new information that should underpin the dollar in the longer term.”
Meanwhile, the pound advanced against the euro, rising 1 per cent to £0.9010 over the week.
The pound showed little reaction to Thursday’s decision by the Bank of England to leave interest rates unchanged at 0.5 per cent and its announcement that it was on track to complete its programme to boost liquidity in the financial system by purchasing £75bn of gilts in the next two months.
Steve Barrow at Standard Bank said while the gilt purchase plan could bring more pain for sterling, one thing the pound had in its favour was that it was already very cheap.
“Our belief is that sterling’s undervaluation will help the pound avoid falling prey to the avalanche of cash that’s coming the market’s way,” he said.
“It is notable that since the announcement of the Bank’s gilt-buying operations the pound has not really plummeted.
Elsewhere, the yen was flat at Y100.33 against the dollar over the week as the Japanese currency also found haven support from the rise in risk aversion.
Analysts said figures showing a slight improvement in Japan’s trade balance also supported the yen, suggesting the worst of the plunge in the country’s current account balance might be behind it.
The yen rose 2.2 per cent to Y132.48 against the euro on the week and gained 1.3 per cent to Y146.96 against the pound.
All the foreign exchange trading knowledge in the world is not going to help, unless you have the nerve to buy and sell currencies and put your money at risk. As with the lottery “You gotta be in it to win it”. Trust me when I say that the simple task of hitting the buy or sell key is extremely difficult to do when your own real money is put at risk.
You will feel anxiety, even fear. Here lies the moment of truth. Do you have the courage to be afraid and act anyway? When a fireman runs into a burning building I assume he is afraid but he does it anyway and achieves the desired result. Unless you can overcome or accept your fear and do it anyway, you will not be a successful trader.
However, once you learn to control your fear, it gets easier and easier and in time there is no fear. The opposite reaction can become an issue – you’re overconfident and not focused enough on the risk you're taking.
Both the inability to initiate a trade, or close a losing trade can create serious psychological issues for a trader going forward. By calling attention to these potential stumbling blocks beforehand, you can properly prepare prior to your first real trade and develop good trading habits from day one.
Start by analyzing yourself. Are you the type of person that can control their emotions and flawlessly execute trades, oftentimes under extremely stressful conditions? Are you the type of person who’s overconfident and prone to take more risk than they should? Before your first real trade you need to look inside yourself and get the answers. We can correct any deficiencies before they result in paralysis (not pulling the trigger) or a huge loss (overconfidence). A huge loss can prematurely end your trading career, or prolong your success until you can raise additional capital.
The difficulty doesn’t end with “pulling the trigger”. In fact what comes next is equally or perhaps more difficult. Once you are in the trade the next hurdle is staying in the trade. When trading foreign exchange you exit the trade as soon as possible after entry when it is not working. Most people who have been successful in non-trading ventures find this concept difficult to implement.
For example, real estate tycoons make their fortune riding out the bad times and selling during the boom periods. The problem with trying to adapt a 'hold on until it comes back' strategy in foreign exchange is that most of the time the currencies are in long-term persistent, directional trends and your equity will be wiped out before the currency comes back.
The other side of the coin is staying in a trade that is working. The most common pitfall is closing out a winning position without a valid reason. Once again, fear is the culprit. Your subconscious demons will be scaring you non-stop with questions like “what if news comes out and you wind up with a loss”. The reality is if news comes out in a currency that is going up, the news has a higher probability of being positive than negative (more on why that is so in a later article).
So your fear is just a baseless annoyance. Don’t try and fight the fear. Accept it. Have a laugh about it and then move on to the task at hand, which is determining an exit strategy based on actual price movement. As Garth says in Waynesworld “Live in the now man”. Worrying about what could be is irrational. Studying your chart and determining an objective exit point is reality based and rational.
Another common pitfall is closing a winning position because you are bored with it; its not moving. In Football, after a star running back breaks free for a 50-yard gain, he comes out of the game temporarily for a breather. When he reenters the game he is a serious threat to gain more yards – this is indisputable. So when your position takes a breather after a winning move, the next likely event is further gains – so why close it?
If you can be courageous under fire and strategically patient, foreign exchange trading may be for you. If you’re a natural gunslinger and reckless you will need to tone your act down a notch or two and we can help you make the necessary adjustments. If putting your money at risk makes you a nervous wreck its because you lack the knowledge base to be confident in your decision making.
Patience to Gain Knowledge through Study and Focus
Many new traders believe all you need to profitably trade foreign currencies are charts, technical indicators and a small bankroll. Most of them blow up (lose all their money) within a few weeks or months; some are initially successful and it takes as long as a year before they blow up. A tiny minority with good money management skills, patience, and a market niche go on to be successful traders. Armed with charts, technical indicators, and a small bankroll, the chance of succeeding is probably 500 to 1.
To increase your chances of success to near certainty requires knowledge; acquiring knowledge takes hard work, study, dedication and focus. Compile your knowledge base without taking any shortcuts, thereby assuring a solid foundation to build upon.
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