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Forex Price movement. Basic V Technical Analysis that you should use.


As an Online Order, XRP nearly 2 years last is more useful than previously rated, and BITCOIN FULAD House (BCH), House BV (BSV) and Etier (ETH) may be possible to have even more too, just 4 more features.
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If you are confident, you give the regulation, when all your critical critics will tell you more than more critics, you will find more opportunity to ask for more than 200-journal will show regularly.

What’s more, Sul 16 billion dollar announcement on alternative cryptocurrency database, September 24, may be complete

Now previous music, the more you have more options, the more you have more previous awards and you put more than more, you can find more awards others.
The purpose of currency trading is to profit from the Forex price movement, and here we will look at two types of analysis: fundamental and technical, and we will see which one is best. So which method is best for you? Let’s find out.

Let’s first look at the underlying analysis, which is the study of the proposition, and ask for elaborate facts where prices can go in the future. Studying economic and political events, the FX trader then buys or sells these news.

The problem with fundamental analysis is: While we all have the same facts to look at, we all draw different conclusions from them. Merchants do not respond to news and see it logically; they respond to feelings of greed and fear, which means that you cannot trade the news for profit.

If you look at the currency markets, then this is not the important news that highlights the reaction of its traders, and why you see markets crash when the news is the best and the rally when its & nbsp; & # 39; worst of all

The problem with studying the basics is that this form of study takes into account the fact that traders are emotional beings, and this is when the technical analyst has a huge advantage.

If you use technical analysis, you just assume that the underlying situation of supply and demand will be reflected in the price action, but of course, not just seeing the news, you see how every single trader does about it and the price you saw. you all news and merchant psychology at the same time.

If you want to win Forex trading, not only is Forex charts a better way to trade than trying to trade news, it also takes much less time. FX technical analysis allows you to look for three-digit profit simply by following price action and the best way to trade Forex.

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Experience the best of San Francisco from Alcatraz to Castro Street

San Francisco is one of the best places to enjoy the beauty of nature while experiencing one of the most unique atmospheres in the world. Tourists flock to this place to admire history through the architecture of the horizon, the steep hills and, of course, the cable cars. The “City By The Bay” offers outdoor recreation, excellent food and entertainment, and some of the most popular places in America.
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Fisherman & # 39; s Wharf is a major waterfront attraction. It is a mecca for food lovers as it has wonderful dining options. The smell of crab is abundant in many stalls that provide restaurants with a basis for elegant seafood recipes. The aroma of sourdough bread fills the air. For dessert, chocolate is a must. Street performers line the streets during the day, and the night brings theater and nightclubs.
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Union Square covers the main district of shops, theaters and hotels. It has the largest groups of department stores, luxury stores, art galleries and salons in the country. It is really the heart of the city where the public meets for different events such as Christmas tree lighting.
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Alcatraz is one of the most famous prisons of all time. Its mysterious story lies in all known films that document famous criminals who were housed there and those who have tried to escape. Visitors can board a ferry to reach the island and there are walking tours available.

There are numerous galleries and museums in San Francisco. Among the best is the Exploratorium, an interactive collection found in the King’s Palace of the Arts. The Barn and Cable Car Museum shows and explains the history of this transport. Aquarium of the Bay is full of clear tunnels of marine life. There are numerous sharks and other marine animals on display.

Castro Street is a street in one of the most popular gay neighborhoods in this country. The Castro Theater is a famous landmark where anyone can watch a movie and enjoy its incredible architecture. It remains one of the best places for an active nightlife.

California is famous for its wine vineyards. San Francisco now has one of the first tasting rooms of several wineries that focus on boutique wineries. Wine from across the state can be tasted in one place.

The Center of Japan contains several shops and restaurants and is in the heart of Japantown. There is no better way to get to know the culture and customs of Japan without leaving the United States. It’s a shopping addict’s dream of a three-block shopping, dining and entertainment area.

Every year, people visit San Francisco. They affirm how exciting it is to stay in a hotel and enjoy famous places like the Golden Gate Bridge. They realize how spectacular the architecture is and are fascinated by roads like Lombard Street that have extreme curves and colorful flowers. There are several restaurants to enjoy all culinary delights. It is really a unique environment that has something for everyone.

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Staycation Hotel

There are vacations in which you temporarily visit another city, state or country and enjoy all these new places that it has to offer, and then there are vacations in which you stay in your own city and act like a tourist.
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Both are good ideas for doing something fun, and both have their advantages and disadvantages, but if you choose a vacation home for this year’s vacation, how about you still go to a hotel?
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Usually, vacations at home mean that you use your home as your base of operations and that you make daily trips to things in and around your city. It may be that museum you have always wanted to go to but you have never done it, it could be a new water park that has just opened, it could be a trip to a nearby park to do things like canoeing that you always wanted to try.
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At the end of the day, you go home to sleep and do something fun the next day until your stay ends. What happens if, instead of going home, you checked into a hotel, right in your own city? It’s like a vacation and a stay, all in one and, although it can be more expensive than just going home, it adds some excitement to your vacation.
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Staying in a hotel is always fun. There are different beds, different designs, things like the pool and gym to review, and they usually have a bar or restaurant attached for snacks, meals and moments of relaxation.
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Staying in a hotel offers you something different from the same routine as always. It wakes you up in the morning and offers you a warm and comforting atmosphere when you return. You do not have to make the beds or collect the towels and, however, return to a perfect room at the end of the day.
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Currently, hotels have WiFi and other amenities to make it like home while you have a little adventure and do not have to stay long, just one or two nights will increase the fun factor of a stay and give you different memories that you can share.
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They also always have a lot of information about nearby places and events that you can miss. So play tourism in your own city, it’s fun and you’ll learn a lot about where you live, and although it’s always nice to come home, sign up for a hotel, even if it’s only for one night. You’ll be glad you did!
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Exchange rate restrictions

The financial managers of multinationals constantly monitor the exchange rates, as their cash flow is highly dependent on the exchange rates. As economic conditions change, exchange rates can change significantly and have a negative impact on the value of the company. Here we will review some of the factors affecting the exchange rate.

The first factor is the level of inflation. Changes in inflation rates can affect international trading activity, which affects the demand and supply of currencies and, consequently, the exchange rate. For example, the higher rate of inflation in the UK will reduce the value of the pound compared to other countries as prices for goods and services in the UK are growing at a relatively faster rate. These products and services are subsequently more expensive in the eyes of foreigners, which in turn reduces UK export demand. Consequently, there will be less demand for the pound. Consumers in the UK will also be more attracted to buy European imports. Therefore, they will provide pounds so that they can buy euro and euro imports. This increase in pound supply reduces the cost of the pound.

The second factor is interest rates. Relative interest rate fluctuations affect investments in foreign securities, which affect the demand and supply of currencies and, consequently, the exchange rates. Investors will invest their funds where the yield is highest at a certain level of risk. Thus, when there is a difference in interest rates between countries whose default risk is equal, investors are likely to lend to the country that offered the higher interest rates. In order to invest or lend to another country, one must first obtain the currency of that nation. This increases the demand for the currency of that nation and thereby values ​​it.

The third factor affecting the exchange rate is the level of relative income. Since income can affect the amount of imported demand, it can affect the exchange rate. Suppose the income level of the United States increases substantially, while the level of British income remains unchanged. In this scenario, demand for the pound will increase, reflecting the increase in US revenues and, consequently, the increase in demand for British goods. Second, the pound offer for sale is not expected to change. Therefore, the pound will rise.

The fourth factor affecting the exchange rate is government control. Governments of foreign countries can affect the equilibrium exchange rate in many ways, including:

1) imposing foreign exchange barriers;

(2) imposing barriers to foreign trade;

3) Intervention in foreign exchange markets (buying and selling currencies), and

(4) affecting macro variables such as inflation, interest rates and income levels.

The other important factors are political and economic factors. Most investors take risks. They will invest their money where there is a certain level of a certain level. They tend to avoid investing in countries characterized by government instability and / or economic stagnation. In contrast, they invest capital in stable countries that show strong signs of economic growth. A nation whose government and economy are stable for many years will attract maximum investment. This, in turn, creates the demand for the currency of that nation and causes its currency to value.

The “experts” are all mistaken for crypto

Bitcoin reached its peak about a month ago, on December 17, at almost $ 20,000. As I write, cryptocurrency is under $ 11,000 … about 45% damage. It is more than that $ 150 billion with a lost market cap.

In blue comments, pay close attention to hand wipes and tooth decay. It is the neck, but I think that "I told you" so many people have the advantage of "justifying" it.

Here's the thing. As long as you haven't lost your shirt in bitcoin, it doesn't really matter. And chances are that the "experts" you can see in the press don't say why.

In fact, the bitcoin crash is great … because it means we can all just stop thinking about cryptocurrencies at all.

The Death of Bitcoin …

After a year and a half, people will no longer talk about bitcoin in the grocery store or on the bus as they are now. Here's why.

Bitcoin is a result of justified disappointment. Its designer apparently says the cryptocurrency was a reaction to the misappropriation of the Fiat currency in US dollars or euros. It was supposed to provide an independent, peer-to-peer payment system that was based on virtual currency that could not be borrowed as there was a final number.

This dream has long been shaken in favor of raw speculation. Ironically, most people care about bitcoin as it seems to be an easier way to get more fiat currency. They don't know it because they want to buy pizza or gas with it.

As well as being an awful means of trading electronically, it is slowly slowing down the success of bitcoin as a speculative game, making it useless as a currency. Why would anyone spend it if they value it so quickly? Who will accept one when it rapidly devalues?

Bitcoin is also a major source of pollution. One transaction lasts 351 kWh of electricity, which also emits 172 kg of carbon dioxide into the atmosphere. That's enough for a single US family to spend a year. To date, the energy consumed by all bitcoin mining can power nearly 4 million US households per year.

Paradoxically, the success of bitcoin as obsolete speculative game – not intended for libertarian use, – the government's obstruction was seized.

China, South Korea, Germany, Switzerland and France have implemented, or are discussing, prohibiting or restricting bitcoin trading. A number of intergovernmental organizations have called for concerted action to eliminate the apparent bubble. The US Securities and Exchange Commission, which at one time approved of bitcoin-based financial derivatives, now seems ambiguous.

According to Investing.com: "The European Union is enforcing stricter rules to prevent money laundering and terrorist financing on virtual currency platforms. It also takes into account the restrictions on crypto trading. ”

We can see functional, widely accepted cryptocurrency someday, but it won't be bitcoin.

… But it promotes crypto assets

Good. Adding Bitcoin allows us to see where the real value of cryptocurrencies is. Here's how:

Signs are needed to use the New York subway system. You can't use them to buy anything else … though you do could sell them to someone who wants to use the subway more than you.

In fact, if the subway signs had a limited supply, a vibrant market for them might have emerged. They can even trade a lot more than they were originally priced. It all depends on how many people he is I want take the subway.

That is, in a nutshell, the most promising "cryptocurrency" scenario besides bitcoin. They are not money, they are signs – "Cryptic signs", if desired. They are not used as a single currency. They are good only for the platform for which they are designed.

If these platforms provide valuable services, people will want those crypto tokens, and that will determine their price. In other words, crypto tokens will be of value to the extent that people value the things they receive from their surrounding platform.

It will make them real estate, with: intrinsic value – because they can be used to get something people appreciate. This means that you can reliably expect a revenue stream or service containing such passwords. Critically, you can measure that flow of future returns against the cryptocurrency price, just as we do when calculating the share price / earnings ratio (P / E).

On the contrary, Bitcoin has no inherent value. It only has a price – the supply and demand set price. It can't generate further revenue streams and you can't measure anything like the P / E ratio.

Someday it will make no sense because it is not realizing you.

Ether and other crypto assets are the future

Crypto-sign airtime for sure it seems like a currency. It is sold under cryptocurrency exchanges under the ETH code. Its symbol is the Greek capital Xi character. Mining is a bitcoin-like (but less energy-efficient) process.

But ether is not a currency. Its designers characterize it as "Ethereum's proprietary power distribution platform. It is a way of paying for the platforms' customers to perform the tasks required by the platform. "

Ethernet allows you to access one of the most complex distributed computing networks in the world. It is so promising that big companies fall for each other to develop practical, real-world applications for it.

Because the people who go with it don't really understand or think about its true purpose, the price of ether has been bubbling and bubbling in recent weeks.

Eventually, the airline will return to a stable price based on the demand for computing services that it can "buy" for people. This price will be presented True value it can have a price in the future. There will be a future futures market and exchange-traded funds (ETFs), as everyone will have their own valuation form over time. As always as we do with stocks.

What is that value? I have no idea. But I know it will be much more than bitcoin.

My advice: Get rid of your bitcoin and buy it next time.

That is why Cryptocurrency Dash shames Bitcoin

Cryptocur currencies are everyone's anger right now.

Everywhere, you see spectacular thousand percent profitable headlines for bitcoin-like "coins". But what gives them value? When did you use bitcoin?

Truth is that it is not practical at present, mainly due to the completion of the transaction. But there are other coins out there that emerge as viable candidates for bitcoin success as the # 1 cryptic secret.

There's a lot to understand about the complexity of cryptocurrencies, but this article is about finding more investment opportunities than explaining the science behind them.

Bitcoin bubble.

It is important to know something that is the term "mining". This is the very basis of cryptocurrencies. Here's how new bitcoins are made.

Simply put, the "miner" solves a complex math problem through special software and is rewarded with new bitcoins. The transaction is then stored in blockchain, and those new bitcoins are officially in circulation.

As more bitcoins are in circulation, they become more complex, time consuming and less profitable for mining. So, although about 80% of the possible bitcoins are in circulation, the latter won & nbsp; & nbsp; Produced by 2140.

As many people know by now, bitcoin has seen a huge rally this year. In fact, over the last year it has reached about 1200%, which has caused many people to be in a balloon.

The total value of bitcoin in circulation is now over $ 150 billion. If bitcoin were a company, it would be in the top ten of the United States.

I personally believe that the only reason bitcoin is so much more valuable than any other cryptocurrency is because it was the one that first broke into mainstream. It is nevertheless important. That, at least, gives other coin makers something to improve on.

The good news is that even if you think you missed the ship with bitcoin, there are plenty of other cryptocurrencies out there. Of course, some are frauds, but others have real potential.

One of them, which I believe is real, practical use is called Dash.

Dash: Digital Cash:

First, in terms of convenience, Dash is ahead of the game. Right now, bitcoin transactions take an average of 10 minutes to an hour. Dash outlines the core Cryptocurrency that can be instantly transmitted between parties (in less than one second), making it much more practical when it comes to going online or in-store.

One of the most fascinating features of Dash is that 10% of newly mined coins are given to Dash DAO (decentralized autonomous organization). To put it simply, the DAO is the treasury of Dash. At the current price of over $ 600 a coin, which can use up to $ 4 million a month.

It is important to know that no other coin has such continuous funding. With this money, Dash DAO can develop and market the currency.

Anyone can also come up with an idea for the project to raise the value of Dash. The project is then voted on by thousands of Dash developers. An example would be working with stores to make Dash a viable means of exchange for their products.

Of course, these developers make money from Dash, so anything that earns and contributes to the currency will be tempting.

This creates a circular effect where the currency values ​​the price as it is better financed and sold, and then the DAO makes more money and can sell more in the market.

Promotion for Dash

To date, Dash can be used to buy products or services in more than 300 physical stores and over 100 websites. But for that, it could make some progress in the marijuana industry.

Right now banks are not allowed to deal with marijuana transactions. everything must be done in cash. Sellers can't even sell and sell money in the bank.

This not only raises the risk of looting, but these companies also have to pay for the storage and transportation of cash. It is growing rapidly.

Being able to use Dash would be huge for these sellers. It would also mean great things for the price of the Dash.

The good news is that it has already begun to make progress. In April Dash partnered with a digital payment system called Alt Thirty Six, which partnered with some of the country's leading dispensary business management software companies.

These software companies keep track of hundreds of transaction dispatchers and delivery services. This means that Dash users already have hundreds of ways to use currency.

Since Dash officially became the payment method for the Alt Thirty Six on October 11, its price has risen 118%. It's only for one and a half months.

Just the beginning

With only $ 4.8 billion in market cap compared to bitcoin and $ 156 billion, I believe Dash still has a lot to go before.

The marijuana industry is just the beginning for Dash, but it's great. In 2016, legal sales totaled about $ 7 billion. Another $ 46 billion was sold in the black market.

And as more stores open and more provinces become legal marijuana, that legal number is set to rise to $ 23 billion by 2021 and $ 50 billion by 2026.

Again, this is just the beginning for Dash. The peculiarity of its unique direct transaction makes it a viable cash alternative, thereby giving it the advantage of crystals like other crystals.

Making Forex trading and volatility a profitable basis

As a Forex trader, you enter markets with your primary interest in becoming a profitable trader. That is, you want to know that you made money at the end of your shopping trip when you finally close your shopping center at the end of the day.

But how is money made in the Forex market? The answer lies in the volatility of the market. This means that as foreign exchange rates constantly change during the course of a business trip, you will have to pay close attention to how they behave, and then when you notice a large change in prices, it is time to step in and trade. in the direction of the trend. Then, before you change the trend, you close your trade and profit from the difference between your purchase or sale price at the beginning and end of your trade.

In principle it sounds simple, just waiting for a big step, then going into a trade that you think best fits your earnings expectations. But the truth is, it's not that easy. You have to be very careful when dealing with volatility and have a very 'good eye' to see what the market is doing.

That is why many traders prefer to use what are called "trading robots". These are pieces of software that, by constantly observing the Forex market, can determine what are the best times to trade, what hinders you to use and when to close the trade. This does not mean that you can trade yourself and point out very good deals, but it does take time and a great deal of experience. and in parallel there may also be losses. So the decision is up to you.

Forex Megadroid Review – Performance versus Price Forex Megadroid Trading Robot

Before buying a commercial robot, you need to understand how to evaluate a commercial robot based on its performance and prices. There are robots that are expensive but do not have the capability to cost. On the other hand, there are robots that sell for a small price but do not work well. This article will review the Forex Megadroid trading robot and tell you if it costs $ 97 to buy Forex Megadroid.

Forex Megadroid was released on March 31, 2009, and since then many traders have been supporting this trading robot in response to the wonderful results this robot has produced. However, there are still some people who are wondering if this commercial robot is really capable of delivering the promised results, and are still slow to buy this commercial tool. That is why Megadroid developers are offering a trial version that will allow its potential customers to try the product before buying the actual product. The trial version will help you determine if the robot really has the ability to enhance your transactions and increase your profits.

$ 97 is not cheap, and it is normal to doubt the product first. However, Forex Megadroid is by far the cheapest trading robot and with all the claims of its users, why not try and see for yourself if this robot really works. I've tried Forex Megadroid and I know you'll still be able to doubt me if I say this robot really works. It will be best if you feel its performance first and foremost. That being said, you can't learn how to ride a bike just by reading a book on how to ride a bike.

After purchasing the actual product you will be given a set of instructional videos that will show you how to properly install and configure the robot. Watching these videos will help you get better results with Forex Megadroid. In addition to these videos, you will also receive a 60-day money back guarantee, which entitles you to claim refunds when you feel that Megadroid is not performing well in your trading style.

A look at FAP Turbo's trading modes

For many years trading and getting used to market barometers and gauges and visual observation, I was a little skeptical of Forex robots. But FAP Turbo changed my view and can now understand why this Forex automated system has been so well received and sold since its launch.

Many Forex robots are available, and prices range from reasonable to absurd. The problem with many of these Forex automated programs is that they cannot provide consistent results, so they are quickly forgotten. But for a reasonable price of $ 149, FAP Turbo gives great value to those who want to trade in foreign exchange markets.

One of the features of FAP Turbo is the large-scale function that can trade in EUR / GBP, EUR / CHF, GBP / CHF and USD / CAD currency pairs. It does a great job in all pairs pairing mode, but the best pair pair in this mode is EUR / GBP.

Another feature of the FAP Turbo is long-term trading. The best result here has been the EUR / USD currency pair.

These two modes, large-scale or long-term trading, can be implemented separately or in parallel depending on the preferences and goals of the trader.

The downside of head-to-head is that it makes a small profit in the range of six to fifteen cartridges, which can be difficult depending on the broker's distribution and commissions. The scales do better with fewer volatility days, but on days when prices fluctuate unchanged, you do not trade as a subsidiary. The downside of this strategy is that it is safer with proper stop losses. Your risk of significant defects is limited. This strategy can be very lucrative and can quickly increase your account size if distribution and commissions are well managed.

The long-term weakness of the strategy is that it is probably more risky as markets can change direction often and quickly. The system is a program to avoid risky markets and looks at the longer-term trends in confirming its transactions. On the positive side, FAP Turbo has a sophisticated trading algorithm that allows it to adapt to changing market conditions. This indicates that it has survived, although we have seen some market chaos in the past two years.

Looking at it in general, I would choose a scale mode that is very effective and does not imply one with long-term market risk. However, if you are looking for a Forex robot that can allow you to start trading or improve it, then you should consider a modest investment in FAP Turbo.

Interbank foreign exchange sale – what is it about?

Before ordinary individuals started trading, it had been done by large banks and institutions for so many years. They & # 39; trade with each other, and that has been the trend for the last few decades. Initially they were the only ones using commerce. This is called interbank foreign exchange trading. This type of trade also includes large corporations, retailers and small business parties.

Banks do business either for themselves or for others. They aim to make a profit above it. Because they make a lot of investments, they also make a lot of money. This is why they are individual investors & # 39; the biggest competition. But you can never choose with whom you can play. It just depends on your strategy. In interbank foreign exchange trading, there is a tendency for competition as you struggle to win with your competitors.

Individual traders may also obtain price quotations, but their access to the pricing system is strictly prohibited. Brokers in this type of trading can offset their trading positions. In interbank foreign exchange trading you will be able to know if the prices are right or the brokers & # 39; Payments are reasonable for merchants like you.

The intra-bank currency trading uses self-regulation systems, which means that currency prices depend on a certain party and 39 percent. Therefore, prices are determined by different factors. The first is the current market exchange rate. They do this to maintain reliability. The second is the current volume of prices. Third, they are determined by the inventory position of each participating bank.

As interbank Forex trading involves a large number of investors of different needs and desires, it creates a harmonious relationship between them. This is so true for the relationships between individual investors and their brokers. They work together in harmony. And as a result, they get more positive results. The better capitalized these institutions are, the more they will be able to have credit relationships with traders.

Some of the best cryptocurrencies to invest now for free and secure financial exchange

Cryptocurrency, as a modern form of digital asset, has gained worldwide recognition for easy and fast financial transactions, and its awareness among people has allowed them to become more interested in the field, thereby opening up new and advanced payment methods. With the increasing demand for this global phenomenon, new traders and business owners are now ready to invest in this currency platform, despite its fluctuating prices, but it is difficult to fully select the market. In the list of cryptocurrencies, bitcoins are one of the oldest and most popular in the last few years. It is mainly used for trading goods and services and has become part of a so-called computer blockchain system that allows anyone to use it, thereby increasing the craze for the public.

Ordinary people who are ready to buy BTC can use the online wallet system to safely exchange cash or credit cards and conveniently buy and hold it from thousands of BTC funds around the world for an active future. Due to its popularity, many corporate investors now accept them as cross-border payments, and rising prices are unacceptable. With the advent of the Internet and mobile devices, information gathering has become quite easy, making BTC financial transactions available, and its price is set according to people's preferences and preferences, thus leading to a profitable investment. Recent research has also proven that volatility is good for BTC exchange, as if there is instability and political turmoil in the country that is causing banks to suffer, then investing in BTC can certainly be a better option. Pay-bit transactions are quite cheap and a more convenient technology to sign contracts, thus attracting the crowd. BTC can also be converted into various Fiat currencies and is used in securities trading, land titles, document sealing, public awards and vice versa.

Another leading blockchain project is Ethereumor ETH, which has served much more than just a digital form of cryptocurrency, and its popularity has recently allowed billions of people to keep their wallets. With the ease of the online world, ETH has allowed retailers and business organizations to adopt them for commercial purposes and can therefore serve as the future of the financial system. As an open source, ETH facilitates collaboration between different firms and industry projects, thereby enhancing their usefulness. Again, unlike bitcoin, which is used for currency exchange in the digital network, ETH can also be used for many applications besides financial transactions and does not require government authorizations to allow people to use them on their portable devices. The price of ether has also remained stable, and it avoids any third-party broker disruptions, such as lawyers or notaries, since the exchanges are mostly software-based, allowing ETH to make the second best cryptocurrency, which is now investing. :

What are Pipes?

When trading with Forex, the most popular linguist you'll hear from your trading friends is PIP. "Hey, I made 35 PIPs today." "Oh, I lost 22 PIP yesterday." "Yes, I made 122 PIPs last week."

One pipeline is the smallest price in the tables. This is the last decimal place on which a certain rate is usually calculated. The key is how you measure your profit or loss.

For example, if you saw this:

1 USD = AUD 1.1017

Then for this currency pair, 1 tube means AUD 0.0001.

If the USD / AUD jumps from 1.1017 to 1.1018, then that is an increase of one PIP.

Now let's say it happens.

On Tuesday evening, 8 US dollars / AUD = 1.1017 Wednesday 8 US dollar / AUD = 1.1044

This represents 27 pipe steps.

1.1044 – 1.1017 = 0.0027 = 27 PIPs

Most currencies have four decimal places, so for these currencies one pipe is equal to 0.0001. A notable exception is the USD / JPY, which has two decimal places. For example:

USD / JPY = 108.48

So, for this pair, 1 would be 0.01

If the USD / JPY ranges from 108.48 to 108.34, then it is a 14-pipe movement.

108.48 – 108.34 = 0.14 = 14 PROBLEMS

Now here comes an important question: How do you make a profit?

If the market direction is moving as you expected, you are performing a PIP. If the market moves in the opposite direction, as you might expect, you lose the PIP.

Example 1. You assume the market is going up, and you click buy (long position).

If the market is rising and you are pricing higher then you are making PIPs. If the market goes down and you go out at a lower price, you lose the PIP.

Example 2: You assume the market will go down and you click on sales (short position).

If the market goes down and you go lower, you make a PIP. If the market goes up and you go higher, then you lose the PIP.

Now comes another question: How much does a pipe cost?

Currency pairs have different pipe values. Here are the pip values ​​for 4 major currency pairs.

EUR / USD. 1 item = $ 10 (fixed)

GBP / USD. 1 item = $ 10 (fixed)

USD / CHF: 1 pipe = $ 8.3 US (approx)

USD / JPY: 1 pip = $ 9 (approx)

Now you will notice that some currencies have fixed pip values ​​while others have approximate pip values. When a dollar is sold as a base currency, 1 is always $ 10. But when you have other currencies as the primary currency, the value of the pipe will fluctuate according to the current exchange rate. Let me explain …

In Forex, when you make a profit, you always make a profit in the balance sheet. For example for USD / JPY you earn in Yen (not USD). And so, to make it US dollars, you are subject to the current exchange rate again. Therefore, the cost of the pipe will vary from time to time. The good news is that if you use our trading platform, you don't need to make any calculations. Everything counts for you automatically.

All you have to do is click buy or sell, and the numbers are all created for you on the platform. Not so great.

Forex Trading Secrets: These merchants have made millions to quickly know their secret

In this article, we will examine a group of startup merchants who have been training for two weeks and then have made millions in profits. You may not make millions, but if you look at how they made money, you'll see how you can enjoy Forex trading success.

Richard Dennis was a well-known merchant who made millions, but he was very modest and insisted that everyone could be a successful salesman, they had the right method and mentality, so he challenged himself:

Teach a group of people who have no trading experience in just 14 days, and these people will be gender, of all ages, and of different backgrounds. The band was a good mix and consisted of an actor, security officer, and accountant, just to name a few.

After training, they started trading and began to earn triple digit profits and continued for four years to earn hundreds of millions of Forex earnings. So what was the secret to their success? Below I have summarized the following points of their success, and some of them may surprise you, so here they are:

The best Forex strategies are always clear

The best strategies are simple and use technical levels to enter transactions. The trading system taught was easy to learn, it only took a few weeks. Being smart or hard working on a trading system does not guarantee success, so keep it simple and you can win.

No forecast is needed to make money

Despite things that will tell you a lot of guru – Forex prices cannot be predicted. If you want to make money, you simply trade in price action and follow the trends. The strategy used was based on trade breaks and long-term trade trends that always make money.

Money Management. Losses do not matter their size.

The system lost more than 70% of all transactions posted, but strict money management rules meant they were always small. On the other hand, high profits would last weeks or months and cover losses, giving traders long-term profits.

Forget about people telling you that you can win more than 90% of the time, it's a lie. Most successful traders in the world win more than half of their trades, but that doesn't mean you have to take proper risk control to reduce losses and make a profit.

The key to success is your thinking

It is clear if you do not benefit from the discipline you have earned and made money from. Let your emotions get in the way, and you will make losses that will end in the destruction of your account. The group traders had no problem learning the system or understanding why it works, but they all found the strategy to be the hardest part of discipline, but they knew that what they had to do was win and discipline themselves. has been awarded.

Can you become a successful Forex trader?

Yes, you can, as you can see from the story above, but one key point to keep in mind is not learning a method that can beat the market, which is the key to FX trading success, accepting the right mindset.

Sounds easy.

This and that is the real secret of the currency trading success. Understand this and you can make a lot of money with Forex trading.