klchoo | 
08 31st, 2009| 
I just saw read this article from MSN Money and thought that this is a good (or should I say bad) article to share with everyone.
Anyway, there are 10 cases where the rich and
famous got caught in bad financial decisions.
Aug
31
Aug
25
It’s been a while since my last property investment in Malaysia. I just confirmed the purchase of this property 2 weeks ago but no time to write this down!
This time round, I opt for Berjaya Times Square (a 635-sqft Service Suite) after a long consideration. Despite not the best choice, this decision all boiled down to convenience and accessibility, and probably putting these down will result in me staying in this unit or turning it into a Trader Hub for my graduates instead of renting it out.
Why?
- Coaches to and fro Singapore and KL are readily downstairs (i.e. Starmart and Grassland) – really convenient for me!
- A shopping centre downstairs with Borders, eateries, restaurants, convenience stores, Starbucks, Old Town Cafe, Wendy’s etc etc…
- Most importantly, there are cinemas and even IMAX theatre!!
- It’s also near to Pavilion (my favourite shopping mall in KL), Sungei Wang, Low Yat, Bt Bintang (though I don’t really like)…
Aug
13
If you stay for the FOMC announcement 6 hours back, you would have see the long spikes in the price charts. After FED announce that they will slow the pace of treasuries purchases at 2.15pm ET, offering some positive news for USD, the USD rose against major rivals (GBP, EUR, AUD & JPY).
If you look back at the charts at the GMT18:00 (which is 2am this morning, SIN/MY time), the candles are almost 100-pips (for USD/JPY and AUD/USD), 110-pips (for EUR/USD) and 125-pips (for GBP/USD) and in an hourly candle. Even GBP/JPY is also greatly affected with a price volatility of 220-pips in that one hour.
WHAT TO TAKE NOTE:
Similar with all major economic releases, there is always significant price volatility with this FOMC announcement. Currency spreads will typically widen just before the release and will remain wide for a couple minutes after.
The spreads widen signficantly and if you are trading with a pending order, do not anticipate being filled at your entry price. You will be filled at the prevailing market price after the release, which could be significantly different from your desired price of your entry order.
Aug
5
For those who are trading the GBP related currency pairs, please take note that GBP/USD seems to be testing the 1.7000 mark.
On Tuesday 04 August 2009 (our local time), GBP/USD breached this benchmark twice and rebound back to 1.6900 region. Furthermore, it has been hovering up and down between 1.69 and 1.70.
As 1.7000 seems to be a strong resistance line, so please take note that any technical indicators may not work as well.
Elsewhere, GBP/JPY is testing the 162.00 level too!
For those who are trading the GBP related currency pairs, please take note that GBP/USD seems to be testing the 1.7000 mark.
On Tuesday 04 August 2009 (our local time), GBP/USD breached this benchmark twice and rebound back to 1.6900 region. Furthermore, it has been hovering up and down between 1.69 and 1.70.
As 1.7000 seems to be a strong resistance line, so please take note that any technical indicators may not work as well.
Elsewhere, GBP/JPY is testing the 162.00 level too!
Aug
1
Ice Age 3 – 8 July, 11.20pm @ Cathay Orchard Cineleisure
So so lo…
Public Enemies – 18 July, 4.10pm @ Cathay Pranglin (Penang)
Very cool, but not very very nice…
Harry Potter and the Half-Blooded Prince – 24 July, 11.30pm @ TGV KLCC
Heard so many rave reviews, but utterly dissappointed!!!
A Frozen Flower – 26 July, 6.50pm @ GV Plaza
More than just a gay show… Not bad. It’s the Korean version of ‘The Curse of the Golden Flower’ meets ‘Brokeback Mountain’ meets ‘Lust, Caution’
Obsessed – 29 July, 1.55pm @ GSC Submit
Tze Ping recommended me to watch. Not bad not bad… More substance than just catfight…
Overheard – 30 July, 7.20pm @ TGV KLCC
Started boring and slow, but pace caught up progressively along the show… Highly recommended!
