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It's possible to trade profitably on the Forex, the nearly $2 trillion worldwide currency exchange market. But the odds are against you, even more so if you don't prepare and plan your trades. According to a 2014 Bloomberg report, several analyses of retail Forex trading, including one by the National Futures Association (NFA), the industry's regulatory body, concluded that more than two out of three Forex traders lose money. This suggests that self-education and caution are recommended. Here are some approaches that may improve your odds of taking a profit. Prepare Before You Begin Trading Because the Forex market is highly leveraged -- as much as 50 to 1 -- it can have the same appeal as buying a lottery ticket: some small chance of making a killing. This, however, isn't trading; it's gambling, with the odds long against you. A better way of entering the Forex market is to carefully prepare. Beginning with a practice account is helpful and risk-free. While you're trading in your practice account, read the most frequently recommended Forex trading books, among them Currency Forecasting: A Guide to Fundamental and Technical Models of Exchange Rate Determination, by Michael R. Rosenberg is short, not too sweet and highly admired introduction to the Forex market. Forex Strategies: Best Forex Strategies for High Profits and Reduced Risk, by Matthew Maybury is an excellent introduction to Forex trading. The Little Book of Currency Trading: How to Make Big Profits in the World of Forex, by Kathy Lien is another concise introduction that has stood the test of time. All three are available on Amazon. Rosenberg's book, unfortunately, is pricey, but it's widely available in public libraries. "Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude," by Mark Douglas is another good book that's available on Amazon, and, again, somewhat pricey, although the Kindle edition is not. Use the information gained from your reading to plan your trades before plunging in. The more you change your plan, the more you end up in trouble and the less likely that elusive forex profit will end up in your pocket. Diversify and Limit Your Risks Two strategies that belong in every trader's arsenal are: Diversification: Traders who execute many small traders, particularly in different markets where the correlation between markets is low, have a better chance of making a profit. Putting all your money in one big trade is always a bad idea. Familiarize yourself with ways guaranteeing a profit on an already profitable order, such as a trailing stop, and of limiting losses using stop and limit orders. These strategies and more are covered in the recommended books. Novice traders often make the mistake of concentrating on how to win; it's even more important to understand how to limit your losses. Be Patient Forex traders, particularly beginners, are prone to getting nervous if a trade does not go their way immediately, or if the trade goes into a little profit they get itchy to pull the plug and walk away with a small profit that could have been a significant profit with little downside risk using appropriate risk reduction strategies. In "On Any Given Sunday," Al Pacino reminds us that "football is a game of inches." That's a winning attitude in the Forex market as well. Remember that you are going to win some trades and lose others. Take satisfaction in the accumulation of a few more wins than losses. Over time, that could make you rich!

Japanese Melon Bread

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Melon pan is the Japanese classic sweet bread shaped to look like a melon or cantaloupe. It has a crunchy and sweet outer crust with a super soft and fluffy inside. I will show you how to make this amazing Japanese bread at home !







What is Melon Pan? Melonpan is a type of sweet Japanese bread wrapped with crunchy cookie dough and replicates a melon or cantaloupe appearance .





Ingredients

Bread dough
  ·    300 g baker's flour
  ·    40 g butter chopped
  ·    25 g sugar
  ·    4 g salt
  ·    160 ml milk
  ·    1 extra large egg
  ·    3 g dry yeast

Cookie dough
  ·    240 g plain flour
  ·    1 tsp baking powder
  ·    80 g butter
  ·    80 g sugar
  ·    1 extra large egg
  ·    1/2 tsp Vanilla essence
  ·    Granule sugar for sprinkle

Instructions

1.      Make the cookie dough by placing the butter and sugar in a large bowl and beat until light and creamy.

2.      Add the egg and vanilla essence and mix until well combined.

3.      Fold through the flour and baking powder.

4.      Divide the cookie dough into 8 small balls and set aside in the fridge. *1

5.      Combine egg, yeast, milk and sugar in a small bowl or jug

6.      Combine the flour and salt in a large bowl.

7.      Make a well in the centre of the flour and add the liquid mixture and stir to form a soft dough.

8.      Transfer to an electric mixer fitted with a dough hook and knead for about 10 min or until smooth and elastic.

9.      With the mixer motor running, add the chopped butter until the butter is combined and a smooth and silky dough forms (about a further 10 minutes).

10.  Place the dough in a greased bowl and cover and set aside in a warm place to prove for 1 hour or until doubled in size.

11.  Divide the bread dough into 8 equal sized balls and knead on a lightly floured surface until smooth.

12.  Roll out the refrigerated cookie dough on cling wrap to 5mm thick.

13.  Once it is rolled place one bread dough on top of one cookie dough ball and wrap together using cling wrap.

14.  Take the cling wrap off and score the cookie dough surface diagonally and sprinkle the granule sugar.

15.  Repeat for all 8 bread rolls.

16.  Place them on a cooking paper lined oven tray and cover with clean damp cloth and set aside for about 40 min or until doubled in size.

17.  Preheat oven to 180 degree(356 f) and bake for 15 minutes.



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