Asia Currancy Trading

Now for Cheap Charlies Hotels Asia travel what does that have to do with Asia Currancy Trading well this as you are traveling around in Asia you will see that the price of money keeps on changing and if you see a trend you can save yourself or make yourself money in the FOREX currancy trading even for the little bit of money that you have for cheap asia travel.

For instance I talked before on the blog about Cambodia and US Dollars at certain times it makes sense to do foriegn exchange into Cambodia riel as many local places will give you the opportunity to pay in dollars o riel conversely they may give you the bulk of your change in riel which can make them right now almost 4% where are you getting that in Savings accounts right now!

When i got to Indonesia I only exchanged 300 dollars at10,400 thinking that the price would go back up right now Rupia to the dollar is almost 10,000 to the dollar two months ago it was 12,000 if you had made a big buy of rupias two months ago you would be getting 20% more with your money.

So what is the secret it seems that currancy trade on long curves which means that the rupia is going to get keep getting stronger for a while and I am going to the bank today and buying a bunch of rupia as I still have a month to go in Indonesia Bali and tommorow off to some of the best diving in Aisa Flores Komodo area. More later!