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Showing posts with the label Forex

The all-new BMW M4 CSL

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 The all-new BMW M4 CSL: The Legend is Reborn To celebrate their 50th anniversary, BMW  GmbH presented their fans with a special edition car based on the high-performance  models. The new BMW M4 CSL combines old-school racing passion with the latest innovative technology to yield a beast of a car. Competition, Sport, Lightweight. In case you haven't figured out, that's what the CSL stands for. The car posses the next-level power and intelligent lightweight design, model-specific chassis upgrade on the two-seater configuration. The M4 CSL share similar performance specs with the BMW M4 GT3, the M4 CSL clocked the fastest Nurburgring's Nordschleife circuit lap times for a series produced BMW car. The beast boast 3.7 seconds from 0 - 100 km/h, and 10.7 seconds sprint from 0 - 200 km/h! BMW plan to produce a limited 1000 units of the lightweight beast, only weighing 1625 kg, giving it a power-to-weight ratio of 4.01kg/kW. Impressive. Significant amount of weight have been she...

Beginners Guide to Forex Trading: Part 1

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  In this Blog we will introduce beginners to  Forex  trading. Please note that this is  not a financial advice , just an informative Blog. Introduction Currency trading , also know as Forex, is the process of buying and selling currency pairs through a  broker . All the transactions go though an  exchange  that facilitates these transactions. In the exchange, at least in the 1980's, the transactions are carried out using United States dollars (USD), even though you can trade pairs like EUR/JPY. There are pairs known as  Major Pairs , these are the mostly traded currency pairs in the world. The FX market is  liquid  but these pairs are the most liquid pairs as they contribute a large amount of volume linked to economic transactions. Major Pairs: EUR/USD GBP/USD USD/JPY USD/CHF These "major" pairs are known as commodity currency pairs: USD/CAD , AUD/USD , and NZD/USD Laws of Supply and Demand Currency pairs are free-floating, meaning that...