CHAT WITH A FRIEND ABOUT CURRENCIES
I have a friend who is into Forex or Foreign Exchange and actually he is doing well with it. We met yesterday and we just talk all about his kind of work. He discussed to me the logic behind it but it looks very confusing and needs further reading.
He showed to me an Online Currency converter app he uses and the currencies he looks into are of course Philippine Peso, US dollar, Euro, Australian Dollar and Yen. What this online app does is that it automatically detects your IP address so that it will include your local currency then you can just add what currencies you like to know. Furthermore, one you have customized your currencies you can bookmark your personal link so you would go straight to it. The online currency converter could be found at FreeCurrencyRates.com.
He also showed me how he looks into currency histories to know if the trend he foresees is stable or not.
When we are about to leave for home, he said to me to think and study it further for it will not be easy. There will be chances that you may lose but once I get the hang of it, the wins will be more.
