New Adele Song – Rolling In The Deep

Adele has the best-selling single (“Rolling in the Deep”) and album (21) so far in 2011. She told ABC News Radio that she has a feeling people connect to her honesty about the troubles in her love life, saying “I don’t think there’s one person on earth that hasn’t had their heart broken.” Not only [...]

Forex Trading – Calculating Profit and Loss

For ease of use, most online trading platforms automatically calculate the P&L of a traders’ open positions. However, it is useful to understand how this calculation is formulated:  To illustrate an FX trade, consider the following two examples. Let’s say that the current bid/ask for EUR/USD is 1.4616/19, meaning you can buy 1 euro for [...]