Tuesday, July 19, 2011

Live Forex Market Hours (auto-refresh every minute)


IMPORTANT: this is only accurate for the PST time zone at this point.
The red marker shows the current time and will update automatically every minute.

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Sunday, July 17, 2011

Forex Market Hours PST (GMT-8)

Following is a useful chart that shows the Forex Market Hours in the PST zone

  • London    12:00 midnight to 9:00 am PST
  • New York 5:00 am to 2:00 pm PST
  • Sydney    2:00 pm to 11:00 pm PST
  • Tokyo      4:00 pm to 1:00 am PST
The most active trading period is called Power Hours and lasts only four hours; that is when the London and New York market hours overlap.
Power Hours run from 5:00am to 9:00am PST.



Tuesday, July 12, 2011

Doubling time and the Rule of 72

To estimate the time (number of periods) required to double an original quantity, divide 72 by the expected growth rate, expressed as a percentage.
  • For instance, if you were to invest $100 with compounding interest at a rate of 9% per annum, the rule of 72 gives 72/9 = 8 years required for the investment to be worth $200
  • If you can consistently make 12% per month trading the Forex market, you will need 72/12 = 6 months to double your initial investment.


Moreover, to estimate the time it takes to triple the original quantity, use 114 instead of 72. 
To estimate the time it takes to quadruple the original quantity, use 144.

Introduction

This blog is meant to touch on different subjects that are of interest for the current online community and specially for those people who are looking into a fresh, concise and unconventional view.

The main focus will be Finance, Math and Programming but other subjects will be covered as well.

All posts will be short and concise so a busy and/or lazy reader wouldn't get annoyed or lost.