2 weeks Forex Break

As the 2nd quarter of the financial period drawing to a close, forex volatility is here to stay. Funds managers and institution would love to improve the overall performance of the portfolio during this time of the year, by having a positive returns, just to stay answerable to the shareholders and stakeholders.

While looking at the charts and the forex counter moving pips per pips, gosh, i can't do any scalping now as it is pass my bedtime. Currently, Gold price rises to $627 an ounch; ECB is sayint rates are "accomodative"; crude oil rises after Saudi Arabia meets its pledge to trim output; ECB's Garganas says monetary conditions favour growth, strong vigilance is essential, ECB will act in a firm and timely manner; and many many more news during this US hours.

While blogging this, I was laughing all the way. Why? Basically, i have this paper to study, it is all about strategy, structure, control, time management and planning, nothing to do with the market. A promise is a promise, so have to stay focus to clear what i set to accomplish. Practically, it will be a break for me, to work on this newly acquired knowledge to put in use in forex, in a most bizarre way. Just saw my US friend, Zeus, who is using Chaos Theory style of trading, saying buy GBP at here, here, and here... Clearly, i will just staying sideline for now, until i clear my paper. Need to stay "focus"..... Missing all the fun..... :( Don't worry, I work harder after clearing my paper, targeting, Non-farm Payroll next month. Guess what, since I can't blog in tune with market, I have added few nice realtime stuff, to enhance the feeling of a one stop information station. Nice to see EURJPY at this level ;P

Sorry, information is here and there, in a very non-structural manner.

Nothing important here, just stating something what i learn:
Prahalad & Hamel (1990) Core competence as collective learning in the organisation, especially how to coordinate diverse production skills & integrated multiple stream of technologies. 3 tests to identify core competence: provide wide variety of markets; provide significant contribution to perceived customer benefits to final product and difficult for competitors to imitate. This relatively shows that organisation need to take this seriously to excel in this competitive market.