I'm back again...

Hi! All....
I've abandoning this blog for almost three years...but now I'm back.
Need sometimes to recall on how to use this Blogger user interface..
Lots of thing to catch up...hahaaaa..


First Contest At Rockstartemplate.com - Worth more than 200$

It's quite sometimes now that I've not participating in any contest made by our fellow bloggers. But while I'm browsing around and dropping my entrecard today, I've found a contest that I couldn't resist to participate. this contest is not judge by luck but it is judge by a point that we can accumulate. A contest made by a Rockstartemplate.com which offering a fabulous prizes. I'm listing the 1st place prizes here:

1st Place :

$ 50 Amazon.com Gift Voucher.
$ 15 Hard Cash through Paypal.
$ 20 worth Banner Advertising in Rockstartemplate.com for 1 month.
$ 15 worth Link Placement in PR 4 Blog [My Personal Blog] for 1 month.
And Get a Review at my personal Blog.

You should find the rest of the prizes and contest rules by your self at Rockstartemplate.com. Hurry! The contest ending on September 25th, 2008.


Week 28/07 to 01/08 Performance

Performance for my first week trade in an InterbankFX live account.
54% gain.


July NFP—Consensus Estimate 55K to 75K Loss in Payroll Jobs

Release time: Friday, August 1, 2008 — 8:30 AM EST!

U.S. employers trimmed jobs from their payrolls in June for the sixth consecutive month, showing continued—albeit relatively mild—weakness in the labor market. Thus far, job losses are still at a rate soft enough to not pull the overall economy into recession. The Labor Department reported a net loss of 62,000 jobs in June, matching the job loss figure for May, which was revised higher from 49,000. The decline in June employment was slightly worse than the consensus forecast for a 60,000 decline, and brought the number of jobs lost by the U.S. economy so far this year to 438,000.

Several key factors are thought to have influenced the July NFP report. They include:

- An increase in the unemployment rate to 5.5%, matching the May level and consensus expectations.

- The decline of 49,000 (0.04%) in NFPs continues a trend of small declines in payrolls consistent with GDP growth near 1.5%.

- Hourly earnings bounced back to a 0.3% gain after a 0.1% increase in April.

- The four-week moving average for unemployment insurance initial claims neared the worrisome 400,000 benchmark, reaching 390,500—the highest level since the four weeks following 2005's Hurricane Katrina.

For week ending July 19, the Labor Department reported that the advance figure for seasonally adjusted initial claims was 406,000, an increase of 34,000 from the previous week's revised figure of 372,000. They also reported a four-week moving average of 382,500, an increase of 4,500 from the previous week's revised average of 378,000.

While the sequence of negative payroll numbers is certainly not good news for consumers, its relatively soft pace should be kept in perspective. Even incremental gains in economic productivity will keep overall growth slightly positive. While the economic picture isn't necessarily inspiring, neither is it cause for panic. Watch for slow growth ahead.

What is the NFP report?

Of all the world monthly economic reports, the monthly U.S. Non Farm Report (NFP) is the most highly anticipated and has the most dramatic impact on the currency market.

The report, which is released on the first Friday of each month and states the previous month's numbers, provides detailed industry data on employment, hours and earnings of workers on nonfarm payrolls. These numbers are the best way to gauge the current state of the US market as well as the direction that the economy is heading.

What's more, the employment numbers provided by the report are used by the Fed to shape their interest rate policies. The health of the U.S. economy and interest rates translate to the strength or weakness of the U.S. dollar.