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The coronavirus epidemic in 2020 has been a “black swan” event in the
financial market, tempting many forex investors to try their luck in a
time of high market volatility. While it's natural to see both gains and
losses in trading, what upsets investors most is not loss, but the
failure to pocket expected profits. Recently, an investor exposed the
illegal broker Trader's Way to WikiFX, accusing the broker of deleting
profitable trading orders with the excuse of “pricing error”.To get more
news about Wrong Quote, you can visit WikiFX news official website.
Event recap
The investor in this case has 5 years of trading experience so far, well-versed in ECN trading with a good grasp of trading strategies. However, trading at the platform Trader's Way turned out to be a flop on his investment path.
According to the investor, all of his profitable positions were invalidated by the platform within just three days due to alleged “pricing error”. On the first day, his account made a profit of US$9,500, but the trading record was inexplicably deleted. This left the investor with only a small balance available for trading the next day, when he made nearly US$13,000 at one point. But again the trading record was erased. Fortunately, the investor kept all relevant trading information such as charts and prices when he traded, thus being able to have a well-grounded debate with the broker. But when investor questioned the broker, the latter explained plainly that the platform experienced “pricing errors” during periods of intense market volatility.
The veteran investor was, of course, not convinced by such an excuse. The event continues to evolve, and the illegal broker, battered by the persistent questioning of investor, no longer tried to justify their practice. WikiFX is still following updates of this event.
According to its official website, Trader's Way was established by a group of financial market professionals. The broker has no minimum requirement for the margin and offers leverage of up to 1: 1000 (this also explains why the investor made profits so quickly). But through investigation, WikiFX found that the broker has suspicious regulatory information.
Conclusion
According to WikiFX App, Trader's Way is currently without valid regulatory status, rated at only 1.77. WikiFX suggests investors to stay away from this unreliable broker.
Up to now, WikiFX App has included profiles of more than 17,000 global forex brokers. If you have any question about a broker's qualification, you may check the broker's profile on WikiFX App. WikiFX has also released the new feature of “Wiki Fair”, a forum where investors can discuss forex trend and expose illegal brokers.
Event recap
The investor in this case has 5 years of trading experience so far, well-versed in ECN trading with a good grasp of trading strategies. However, trading at the platform Trader's Way turned out to be a flop on his investment path.
According to the investor, all of his profitable positions were invalidated by the platform within just three days due to alleged “pricing error”. On the first day, his account made a profit of US$9,500, but the trading record was inexplicably deleted. This left the investor with only a small balance available for trading the next day, when he made nearly US$13,000 at one point. But again the trading record was erased. Fortunately, the investor kept all relevant trading information such as charts and prices when he traded, thus being able to have a well-grounded debate with the broker. But when investor questioned the broker, the latter explained plainly that the platform experienced “pricing errors” during periods of intense market volatility.
The veteran investor was, of course, not convinced by such an excuse. The event continues to evolve, and the illegal broker, battered by the persistent questioning of investor, no longer tried to justify their practice. WikiFX is still following updates of this event.
According to its official website, Trader's Way was established by a group of financial market professionals. The broker has no minimum requirement for the margin and offers leverage of up to 1: 1000 (this also explains why the investor made profits so quickly). But through investigation, WikiFX found that the broker has suspicious regulatory information.
Conclusion
According to WikiFX App, Trader's Way is currently without valid regulatory status, rated at only 1.77. WikiFX suggests investors to stay away from this unreliable broker.
Up to now, WikiFX App has included profiles of more than 17,000 global forex brokers. If you have any question about a broker's qualification, you may check the broker's profile on WikiFX App. WikiFX has also released the new feature of “Wiki Fair”, a forum where investors can discuss forex trend and expose illegal brokers.
Everything’s moving online these days as people practice social
distancing and seek to avoid exposure to the coronavirus. If you’re
really wanting to play Powerball and want to limit your exposure, some
states let you buy your tickets online.Get more news about 彩票免费包网,you can vist loto98.com
The Powerball drawing is every Wednesday and Saturday night at 10:59 p.m. Eastern (9:59 p.m. Central), so make sure you buy your tickets before the sales cutoff. Many states stop selling tickets an hour before the drawing. Here’s how to buy a Powerball ticket online.
Because of strict lottery regulations, not every state lest you buy Powerball tickets online through their own lottery site. But at least seven offer this option. You must be a resident of the state in order to purchase a ticket online and you must actually be in the state at the time you are buying the ticket online.
To buy a Powerball ticket in Georgia, visit this link. Make sure first that you read the rules closely at the bottom of the page and match all the requirements. You can enter multiple times, for multiple drawings, and choose your numbers of choose QuickPick.
To buy a Powerball ticket online in Illinois, visit this link and choose a one-time purchase or a subscription. You’ll need a free account to check out. A minimum purchase of $5 is required.
To buy a Powerball ticket in Kentucky, visit this link. You can buy one ticket (or more), choose PowerPlay if you want, and choose your numbers or do the Quick Pick option. You can also buy tickets for more than one drawing. You’ll need an account to check out, but they’re free.
To buy a Powerball ticket online in Michigan, visit this link and click Buy Now. Make sure you read the rules closely. You can 1 to 5 tickets, 20, 50, or 100 tickets. You can choose “Easy Pick” for random numbers or build your own numbers. You can also add a Power Play for $1 more.
To buy a Powerball ticket in New Hampshire, go here. You can play using a debit card through the iLottery or buy a 3-month, 6-month, or one-year subscription. Subscriptions come with discounts.In New York, you can’t buy a Powerball subscription. Subscriptions are only available for MegaMillions Megaplier, Cash 4 Life, and the New York Lotto only.
To buy a Powerball ticket in North Carolina, go here. Then click on the words “Get Tickets Now with Online Pay.” You can choose Quick Pick options or other choices.
The Powerball drawing is every Wednesday and Saturday night at 10:59 p.m. Eastern (9:59 p.m. Central), so make sure you buy your tickets before the sales cutoff. Many states stop selling tickets an hour before the drawing. Here’s how to buy a Powerball ticket online.
Because of strict lottery regulations, not every state lest you buy Powerball tickets online through their own lottery site. But at least seven offer this option. You must be a resident of the state in order to purchase a ticket online and you must actually be in the state at the time you are buying the ticket online.
To buy a Powerball ticket in Georgia, visit this link. Make sure first that you read the rules closely at the bottom of the page and match all the requirements. You can enter multiple times, for multiple drawings, and choose your numbers of choose QuickPick.
To buy a Powerball ticket online in Illinois, visit this link and choose a one-time purchase or a subscription. You’ll need a free account to check out. A minimum purchase of $5 is required.
To buy a Powerball ticket in Kentucky, visit this link. You can buy one ticket (or more), choose PowerPlay if you want, and choose your numbers or do the Quick Pick option. You can also buy tickets for more than one drawing. You’ll need an account to check out, but they’re free.
To buy a Powerball ticket online in Michigan, visit this link and click Buy Now. Make sure you read the rules closely. You can 1 to 5 tickets, 20, 50, or 100 tickets. You can choose “Easy Pick” for random numbers or build your own numbers. You can also add a Power Play for $1 more.
To buy a Powerball ticket in New Hampshire, go here. You can play using a debit card through the iLottery or buy a 3-month, 6-month, or one-year subscription. Subscriptions come with discounts.In New York, you can’t buy a Powerball subscription. Subscriptions are only available for MegaMillions Megaplier, Cash 4 Life, and the New York Lotto only.
To buy a Powerball ticket in North Carolina, go here. Then click on the words “Get Tickets Now with Online Pay.” You can choose Quick Pick options or other choices.
Three $100,000 lottery ticket winnings from February 2019 haven’t been claimed in Massachusetts and are about to expire.Get more news about 彩票API,you can vist loto98.com
One jackpot-winning Mass Cash ticket sold at Dracut Town Variety last February, The Sun reported. The winning numbers are 10-14-16-26-29. The second was sold in Hyannis with the winning numbers 09-22-23-26-30. And the third was sold in New Bedford with numbers 10-14-16-26-29.The winners only have until one year after the date of the drawing to claim their prize, meaning winners only have until sometime before the end of February or it’ll be too late.
It’s not uncommon for a ticket to go unclaimed. In 2018, no one claimed an $100,000 winning in Leominster. In December a ticket went unclaimed in Arizona for $14.6 million, CNN reported.
There’s typically about $2 billion in total unclaimed prize money annually, And with higher drawings the smaller prizes can often go unclaimed.
Winners can go to lottery claim centers in Braintree, Dorchester, New Bedford, Springfield, Woburn, and Worcester to claim their prizes, CBS Boston reported.
Visitors in face masks streamed into Shanghai Disneyland as the theme
park reopened Monday in a high-profile step toward reviving global
tourism that was shut down by the coronavirus pandemic.To get more shanghai news, you can visit shine news official website.
The House of Mouse’s experience in Shanghai, the first of its parks to reopen, foreshadows hurdles leisure industries might face as they reopen. Disney is limiting visitor numbers, requiring masks and checking for the virus’s telltale fever.
China, where the pandemic began in December, was the first country to reopen factories and other businesses after declaring the disease under control in March even as infections rise and controls are tightened in some other countries.
“We hope that today’s reopening serves as a beacon of light across the globe, providing hope and inspiration to everyone,” the president of Shanghai Disney Resort, Joe Schott, told reporters.
Tourism was hit especially hard by controls imposed around the world that shut down airline and cruise ship travel, theme parks and cinemas. Disney’s latest quarterly profit fell 91% and the company said virus-related costs cut pretax profit by $1.4 billion.
Shanghai Disneyland and Disney’s park in Hong Kong closed Jan. 25 as China isolated cities with 60 million people to try to contain the outbreak. Tokyo Disneyland closed the following month and parks in the United States and Europe in March.
China has allowed shops and offices to reopen but is keeping cinemas, bars, karaoke parlors and other businesses closed.
Disney guests, some wearing Mickey Mouse ears, and children dressed as movie characters were checked Monday for fever at the park gate and walked down nearly empty lanes as employees waved to them. The company’s signature tune, “When You Wish Upon a Star,” played over loudspeakers.
Decals on sidewalks and at lines for attractions show visitors where to stand to keep themselves separated. The company said rides will be limited to one group of visitors per car to keep strangers apart.“We don’t want people too close — front, back or side,” said Andrew Bolstein, the park’s senior vice president for operations.
The company said its plans were based on the experience of Disneytown, an adjacent shopping and entertainment facility that reopened earlier in the 1,000-acre (400-hectare) Shanghai Disney Resort.
Advance reservations are required and visitors are assigned times to enter. The company said earlier guest numbers will be limited to one-third of the usual daily level of 80,000 at the start and will gradually increase.
“Excited about the opening of the gate!” people in the first group of guests shouted as they entered the park at 9:30 a.m.Shanghai Disneyland, which opened in 2016, is a joint venture between Walt Disney Co. and a company owned by the Shanghai city government.
Disney has a 43% stake in the Shanghai Disney Resort, which includes the theme park, two hotels and Disneytown. The resort said earlier it attracted about 12 million guests last year and a total of 66 million since it opened.Disney, headquartered in Burbank, California, has yet to set a date for reopening its other parks worldwide.
Visitors to Shanghai Disney are required to show government-issued identification and use a smartphone app issued by the Shanghai city government that tracks their health and contacts with anyone who might have been exposed to he virus.
That allows the company to “understand and regulate the flow of traffic,” said Bolstein.Activities including children’s play areas and indoor theater shows are closed in line with government restrictions, Bolstein said.“We hope to bring them back some time soon,” he said.
The House of Mouse’s experience in Shanghai, the first of its parks to reopen, foreshadows hurdles leisure industries might face as they reopen. Disney is limiting visitor numbers, requiring masks and checking for the virus’s telltale fever.
China, where the pandemic began in December, was the first country to reopen factories and other businesses after declaring the disease under control in March even as infections rise and controls are tightened in some other countries.
“We hope that today’s reopening serves as a beacon of light across the globe, providing hope and inspiration to everyone,” the president of Shanghai Disney Resort, Joe Schott, told reporters.
Tourism was hit especially hard by controls imposed around the world that shut down airline and cruise ship travel, theme parks and cinemas. Disney’s latest quarterly profit fell 91% and the company said virus-related costs cut pretax profit by $1.4 billion.
Shanghai Disneyland and Disney’s park in Hong Kong closed Jan. 25 as China isolated cities with 60 million people to try to contain the outbreak. Tokyo Disneyland closed the following month and parks in the United States and Europe in March.
China has allowed shops and offices to reopen but is keeping cinemas, bars, karaoke parlors and other businesses closed.
Disney guests, some wearing Mickey Mouse ears, and children dressed as movie characters were checked Monday for fever at the park gate and walked down nearly empty lanes as employees waved to them. The company’s signature tune, “When You Wish Upon a Star,” played over loudspeakers.
Decals on sidewalks and at lines for attractions show visitors where to stand to keep themselves separated. The company said rides will be limited to one group of visitors per car to keep strangers apart.“We don’t want people too close — front, back or side,” said Andrew Bolstein, the park’s senior vice president for operations.
The company said its plans were based on the experience of Disneytown, an adjacent shopping and entertainment facility that reopened earlier in the 1,000-acre (400-hectare) Shanghai Disney Resort.
Advance reservations are required and visitors are assigned times to enter. The company said earlier guest numbers will be limited to one-third of the usual daily level of 80,000 at the start and will gradually increase.
“Excited about the opening of the gate!” people in the first group of guests shouted as they entered the park at 9:30 a.m.Shanghai Disneyland, which opened in 2016, is a joint venture between Walt Disney Co. and a company owned by the Shanghai city government.
Disney has a 43% stake in the Shanghai Disney Resort, which includes the theme park, two hotels and Disneytown. The resort said earlier it attracted about 12 million guests last year and a total of 66 million since it opened.Disney, headquartered in Burbank, California, has yet to set a date for reopening its other parks worldwide.
Visitors to Shanghai Disney are required to show government-issued identification and use a smartphone app issued by the Shanghai city government that tracks their health and contacts with anyone who might have been exposed to he virus.
That allows the company to “understand and regulate the flow of traffic,” said Bolstein.Activities including children’s play areas and indoor theater shows are closed in line with government restrictions, Bolstein said.“We hope to bring them back some time soon,” he said.
coronavirus-madagascar-herbal-remedy-covid-organics
As COVID-19 spread across Africa and leaders put their countries in lockdown, Madagascan President Andry Rajoelina last month launched an herbal remedy that he claimed could prevent and cure the disease.To get more news about herbal medicine, you can visit shine news official website.
The announcement caught medical experts, who have scrambled to find a cure for the disease that has killed more than 252,000 and infected at least 3.6 million people globally, by surprise.Rajoelina, a former DJ who in 2009 at the age of 34 became the continent's youngest national leader, claimed at the launch that the remedy, named Covid-Organics, had already cured two people.
"This herbal tea gives results in seven days," Rajoelina, 45, told journalists and diplomats in April.Soldiers have since been going door-to-door in the Indian Ocean island country, which has reported 149 cases and no fatalities, dispensing the concoction.
What is in Covid-Organics?
The herbal remedy is produced from artemisia, a plant with proven efficacy against malaria, and other indigenous herbs, according to the Malagasy Institute of Applied Research, which developed the beverage.
The plant was first imported into the island nation in the 1970s from China to treat malaria.It is now marketed in bottles as a herbal tea, while Rajoelina has said clinical trials are under way in Madagascar to produce a form that can be injected into the body.
Is it safe or effective?
Following Rajoelina's claims, the World Health Organization (WHO) advised people against using untested remedies for COVID-19."Africans deserve to use medicines tested to the same standards as people in the rest of the world," WHO, the United Nations health agency, said in a statement on Monday.
"Even if therapies are derived from traditional practice and natural, establishing their efficacy and safety through rigorous clinical trials is critical," the statement added.The US Centers for Disease Control and Prevention (CDC) also warned people against using unproven remedies.
"There is no scientific evidence that any of these alternative remedies can prevent or cure the illness caused by COVID-19. In fact, some of them may not be safe to consume," the CDC said.
Meanwhile, the African Union said it was in discussion with Madagascar with a view to obtain technical data regarding the safety and efficiency of the herbal remedy.In an attempt to reassure people and brush aside safety concerns, Rajoelina took a dose of Covid-Organics at the launch event and said it was safe to be given to children.
Has it been exported?
Several African countries, including Tanzania, Liberia, Equatorial Guinea and Guinea-Bissau, have either placed orders or have received consignments of the remedy.
On Sunday, Tanzanian President John Magufuli said he was dispatching a plane to Madagascar to collect a shipment of the tonic."I'm communicating with Madagascar," Magufuli said during a speech, adding: "They have got a medicine. We will send a flight there and the medicine will be brought in the country so that Tanzanians too can benefit."
Meanwhile in Guinea-Bissau, President Umaro Sissoco Embalo went to the airport on Saturday to receive a shipment of the beverage donated by the Madagascan leader.COVID-19 has spread to all but one country in Africa, Lesotho. As of Tuesday, at least 1,862 people across the continent have died from the virus.
As COVID-19 spread across Africa and leaders put their countries in lockdown, Madagascan President Andry Rajoelina last month launched an herbal remedy that he claimed could prevent and cure the disease.To get more news about herbal medicine, you can visit shine news official website.
The announcement caught medical experts, who have scrambled to find a cure for the disease that has killed more than 252,000 and infected at least 3.6 million people globally, by surprise.Rajoelina, a former DJ who in 2009 at the age of 34 became the continent's youngest national leader, claimed at the launch that the remedy, named Covid-Organics, had already cured two people.
"This herbal tea gives results in seven days," Rajoelina, 45, told journalists and diplomats in April.Soldiers have since been going door-to-door in the Indian Ocean island country, which has reported 149 cases and no fatalities, dispensing the concoction.
What is in Covid-Organics?
The herbal remedy is produced from artemisia, a plant with proven efficacy against malaria, and other indigenous herbs, according to the Malagasy Institute of Applied Research, which developed the beverage.
The plant was first imported into the island nation in the 1970s from China to treat malaria.It is now marketed in bottles as a herbal tea, while Rajoelina has said clinical trials are under way in Madagascar to produce a form that can be injected into the body.
Is it safe or effective?
Following Rajoelina's claims, the World Health Organization (WHO) advised people against using untested remedies for COVID-19."Africans deserve to use medicines tested to the same standards as people in the rest of the world," WHO, the United Nations health agency, said in a statement on Monday.
"Even if therapies are derived from traditional practice and natural, establishing their efficacy and safety through rigorous clinical trials is critical," the statement added.The US Centers for Disease Control and Prevention (CDC) also warned people against using unproven remedies.
"There is no scientific evidence that any of these alternative remedies can prevent or cure the illness caused by COVID-19. In fact, some of them may not be safe to consume," the CDC said.
Meanwhile, the African Union said it was in discussion with Madagascar with a view to obtain technical data regarding the safety and efficiency of the herbal remedy.In an attempt to reassure people and brush aside safety concerns, Rajoelina took a dose of Covid-Organics at the launch event and said it was safe to be given to children.
Has it been exported?
Several African countries, including Tanzania, Liberia, Equatorial Guinea and Guinea-Bissau, have either placed orders or have received consignments of the remedy.
On Sunday, Tanzanian President John Magufuli said he was dispatching a plane to Madagascar to collect a shipment of the tonic."I'm communicating with Madagascar," Magufuli said during a speech, adding: "They have got a medicine. We will send a flight there and the medicine will be brought in the country so that Tanzanians too can benefit."
Meanwhile in Guinea-Bissau, President Umaro Sissoco Embalo went to the airport on Saturday to receive a shipment of the beverage donated by the Madagascan leader.COVID-19 has spread to all but one country in Africa, Lesotho. As of Tuesday, at least 1,862 people across the continent have died from the virus.
Most of the time, failure to get the right systems or processes to make a
trading decision is the biggest challenge for traders in order for them
to make profit in forex trading. This knowledge is crucial and I really
concern about it.To get more news about Euro Assets, you can visit WikiFX news official website.
I have gone through a lot of experiences as an individual investor as well as a mentor in this forex sphere and now is my turn to share it with all of you. This article may be quite lengthy since it is occupied with beneficial information exclusively for the traders or retail investors.
With that, you may trade confidently and minimize the loss potential in future. Therefore, please take it seriously to avoid any regret later.
Okay, let's continue with our topic.
Without following a proper process or system in this trading, the traders will trade blindly and proceed to BUY or SELL as they please without any tangible purpose.
This is actually an act of gambling because you just let the fate decide for you. Thus, instead of become more profitable, you will continuously face a massive loss just because of not following the right standard of procedure or the right guideline when is the appropriate time to click the BUY or SELL button.
For this article, I would like to share with you the 3 most important elements that you should know and aware before you click the BUY or SELL button.
So, try to understand and comprehend the content very well and benefit from it.
3 CRUCIAL ELEMENTS THAT WE SHOULD KNOW BEFORECLICKTHE “BUY” OR “SELL”BUTTON.
1) What kind of pair should we trade？
2) When is the best time to trade the pair？
3) Where is the best place to trade the pair？
These three elements is the primary guideline for us to develop a standard of practice (S.O.P) or a comprehensive process that enables us to make an informed trade decisions.
Now, let's take a look at the content of these elements listed above.
WHAT KIND OF PAIR SHOULD WETRADE？
Dear traders, please bare in your mind that not all currency pairs are possible for you to trade at once. Been in this arena for 12 years as a mentor, I found that majority of the traders who come to my class go for unrealistic targets in choosing their pair.
In other words, those traders will eventually choose the pairs which are ready in front of the screen to enter the market right after they log in to their account. The trade was carried out without analyzing and filtering the pairs.
Here, I would like to emphasize the first thing you should evaluate before you proceed with analysis is to filter the pair. Filtration is based on two aspects:
DAILY TRADING RANGE(DTR)
Daily trade range is the “daily average movement” of a currency. DTR is a measurement to see how far a currency pair is able to move within a day.
The DTR‘s movement for each currency pair is usually not very far apart. A close movement is common for DTR. For example, if the pair moves at 50 pips for today, we can observe that the DTR’s movement moved at the range of 50 pips as well on the previous day.
It is atypical for DTRs movement to change drastically such as from 50 pips to 200 pips. You may observe it on the MT4 graph. Surely, you must be see that each of pair will move at almost the same DTR every day.
DTRs movement is divided into three categories:
Slow DTR: 0 to 100 pips
Medium DTR: 100 to 200 pips
Speed DTR: 200 to 300 pips
SO, WHAT IS THE USE OF ‘DTR’？
The Daily Trading Range assists us to choose the right target of pair. Remember this, an excellent trader may immensely improve his trading performance and avoid the loss by understanding the daily trading range and its impact on currencies.
Nevertheless, in order to understand this, it demands our commitment, capital, skills and experience in trading.
For instance, if you are a new trader with a small capital to invest into the markets, you should choose a lower pair of DTRs that range from 0 to 100 pips.
A pair with low risk of loss will fits the new trader better. Until you are confident enough to invest more, then you may choose the advance DTR consecutively. This non aggressive movement will give the new traders an opportunity to feel the excitement in the market later.
I have gone through a lot of experiences as an individual investor as well as a mentor in this forex sphere and now is my turn to share it with all of you. This article may be quite lengthy since it is occupied with beneficial information exclusively for the traders or retail investors.
With that, you may trade confidently and minimize the loss potential in future. Therefore, please take it seriously to avoid any regret later.
Okay, let's continue with our topic.
Without following a proper process or system in this trading, the traders will trade blindly and proceed to BUY or SELL as they please without any tangible purpose.
This is actually an act of gambling because you just let the fate decide for you. Thus, instead of become more profitable, you will continuously face a massive loss just because of not following the right standard of procedure or the right guideline when is the appropriate time to click the BUY or SELL button.
For this article, I would like to share with you the 3 most important elements that you should know and aware before you click the BUY or SELL button.
So, try to understand and comprehend the content very well and benefit from it.
3 CRUCIAL ELEMENTS THAT WE SHOULD KNOW BEFORECLICKTHE “BUY” OR “SELL”BUTTON.
1) What kind of pair should we trade？
2) When is the best time to trade the pair？
3) Where is the best place to trade the pair？
These three elements is the primary guideline for us to develop a standard of practice (S.O.P) or a comprehensive process that enables us to make an informed trade decisions.
Now, let's take a look at the content of these elements listed above.
WHAT KIND OF PAIR SHOULD WETRADE？
Dear traders, please bare in your mind that not all currency pairs are possible for you to trade at once. Been in this arena for 12 years as a mentor, I found that majority of the traders who come to my class go for unrealistic targets in choosing their pair.
In other words, those traders will eventually choose the pairs which are ready in front of the screen to enter the market right after they log in to their account. The trade was carried out without analyzing and filtering the pairs.
Here, I would like to emphasize the first thing you should evaluate before you proceed with analysis is to filter the pair. Filtration is based on two aspects:
DAILY TRADING RANGE(DTR)
Daily trade range is the “daily average movement” of a currency. DTR is a measurement to see how far a currency pair is able to move within a day.
The DTR‘s movement for each currency pair is usually not very far apart. A close movement is common for DTR. For example, if the pair moves at 50 pips for today, we can observe that the DTR’s movement moved at the range of 50 pips as well on the previous day.
It is atypical for DTRs movement to change drastically such as from 50 pips to 200 pips. You may observe it on the MT4 graph. Surely, you must be see that each of pair will move at almost the same DTR every day.
DTRs movement is divided into three categories:
Slow DTR: 0 to 100 pips
Medium DTR: 100 to 200 pips
Speed DTR: 200 to 300 pips
SO, WHAT IS THE USE OF ‘DTR’？
The Daily Trading Range assists us to choose the right target of pair. Remember this, an excellent trader may immensely improve his trading performance and avoid the loss by understanding the daily trading range and its impact on currencies.
Nevertheless, in order to understand this, it demands our commitment, capital, skills and experience in trading.
For instance, if you are a new trader with a small capital to invest into the markets, you should choose a lower pair of DTRs that range from 0 to 100 pips.
A pair with low risk of loss will fits the new trader better. Until you are confident enough to invest more, then you may choose the advance DTR consecutively. This non aggressive movement will give the new traders an opportunity to feel the excitement in the market later.
From WikiFX news. As the world‘s top gold buyer, Central Bank of
Russia’s decision to stop gold purchase starting from April may signal
an upcoming big decline in global central banks net gold-purchase.To get
more news about Auto-placed Order, you can visit WikiFX news official website.
The reason for gold prices plummet is that facing market liquidity drain, investors thus sell off gold for dollars in order to pay margin calls. From our observation, the foreign exchange reserves of global central banks are shrinking rapidly, and a bullish trend of the USDX recently indicates there may be another round of dollar shortage in the market.
Given that many central banks have cut their holdings of US Treasury Bonds and the Fed may reduce quantitative easing scale, it seems that global central banks have few options to acquire dollar liquidity other than selling off gold reserves. As most central banks are currently focused on reviving domestic economy, this only increases their demand for dollar. Central banks in countries such as Sri Lanka, Germany and Tajikistan have begun selling their gold reserves.
The reason for gold prices plummet is that facing market liquidity drain, investors thus sell off gold for dollars in order to pay margin calls. From our observation, the foreign exchange reserves of global central banks are shrinking rapidly, and a bullish trend of the USDX recently indicates there may be another round of dollar shortage in the market.
Given that many central banks have cut their holdings of US Treasury Bonds and the Fed may reduce quantitative easing scale, it seems that global central banks have few options to acquire dollar liquidity other than selling off gold reserves. As most central banks are currently focused on reviving domestic economy, this only increases their demand for dollar. Central banks in countries such as Sri Lanka, Germany and Tajikistan have begun selling their gold reserves.
The anonymous social network Blind surveyed nearly 7,000 tech workers
about their job security and found a 33% increase in concern between
March and April.Facebook employees were the least concerned about their
jobs; Expedia employees were the most worried.Blind also surveyed tech
workers on whether or not they were worried about pay cuts. There was a
22% jump in concerned employees from one month to the next. Amazon
workers were the least worried about their pay; Lyft workers were the
most concerned.Visit Business Insider's homepage for more stories.To get
more news about job concerns, you can visit WikiFX news official website.
Nearly three-quarters of employees at tech companies are concerned about their job security, according to a new survey from anonymous social media app Blind, conducted exclusively for Business Insider. That's a 33% jump from results of the same survey a month ago. Blind asked its users “Are you concerned your job security will be negatively affected by the economic trends stemming from the Coronavirus？” and 72% percent of the 6,950 tech workers that answered between April 11 and 15 said “Yes.” In an identical survey conducted between March 9 and 11, only 54% of 7,155 respondents answered yes. The numbers of employees that answered the survey varied greatly from company to company, from 560 employees at Amazon to 48 at Adobe. But a breakdown of Blind's data by employer still allows for a timely reflection of how workers at individual companies feel at a time of uncertainty and trepidation.For example, Facebook employees were the least concerned about their jobs, according to the data, with just half saying they were worried. Expedia employees were the most worried, with 95% expressing concern (perhaps unsurprising, given that Expedia laid off 12% of its workforce in late February). Employees from travel and gig-economy companies were some of the most concerned, generally.
Tech industry analyst Charles King of Pund-IT Weekly Review says that the increased concern reflects “the massive, rapid evolution of COVID-19-influenced events.”
The findings also illustrate that job fears are not “falling equally on everyone,” King says. “That's due to the fact that the crises hammering some businesses and industries have also created opportunities for other tech companies,” he says, “Including cloud computing, online gaming, and entertainment and vendors that provide work from home solutions and services.” Another noteworthy tidbit from the survey is the month-over-month increase in concern from workers at large companies. In March, less than half of the workers at Amazon, Google, LinkedIn, and Salesforce were concerned about their jobs. At Apple, only 39% of workers were worried about their jobs in March.Any semblance of serenity melted away in April though. No company surveyed this month had less than 60% of its employees say they were concerned about job security. The survey comes as record-setting unemployment claims are being reported nationwide. The Labor Department reported on Thursday that 5.2 million Americans filed for unemployment insurance in the week that ended April 11, bringing the four-week total to roughly 22.03 million, a record for a period of that length.
Daniel Alpert, a creator of the US Private Sector Job Quality Index, told Business Insider that the new wave of national layoffs are moving beyond frontline workers immediately cut from jobs at businesses deemed nonessential to “avoidable layoffs or furloughs in white-collar service sectors administrative, professional, technical, management and sales positions.”Businesses across every industry are cutting jobsor putting employees on furlough. The results of Blind's job security query were roughly mirrored in a companion question: “Are you concerned your total income is going to be negatively affected by the economic trends stemming from the Coronavirus？”Seventy-six percent of respondents answered “yes” this month, while 62% answered “yes” in March, which is about a 23% increase in concern.Amazon workers were the least worried about their pay, with 65% expressing concern; 94% of Lyft workers said they are concerned, at the other end of the spectrum.
Blind's spokesperson Fiorella Riccobono said chatter on the app has shifted from discussion of negotiating techniques to win better pay to conversations about finding a job.
“In the coronavirus era, working professionals are stepping up and helping those who have been laid off or furloughed,” she said, “By sharing an increase of job posting links, insights to companies or teams early in their recruiter phase, or offering referrals.”
Nearly three-quarters of employees at tech companies are concerned about their job security, according to a new survey from anonymous social media app Blind, conducted exclusively for Business Insider. That's a 33% jump from results of the same survey a month ago. Blind asked its users “Are you concerned your job security will be negatively affected by the economic trends stemming from the Coronavirus？” and 72% percent of the 6,950 tech workers that answered between April 11 and 15 said “Yes.” In an identical survey conducted between March 9 and 11, only 54% of 7,155 respondents answered yes. The numbers of employees that answered the survey varied greatly from company to company, from 560 employees at Amazon to 48 at Adobe. But a breakdown of Blind's data by employer still allows for a timely reflection of how workers at individual companies feel at a time of uncertainty and trepidation.For example, Facebook employees were the least concerned about their jobs, according to the data, with just half saying they were worried. Expedia employees were the most worried, with 95% expressing concern (perhaps unsurprising, given that Expedia laid off 12% of its workforce in late February). Employees from travel and gig-economy companies were some of the most concerned, generally.
Tech industry analyst Charles King of Pund-IT Weekly Review says that the increased concern reflects “the massive, rapid evolution of COVID-19-influenced events.”
The findings also illustrate that job fears are not “falling equally on everyone,” King says. “That's due to the fact that the crises hammering some businesses and industries have also created opportunities for other tech companies,” he says, “Including cloud computing, online gaming, and entertainment and vendors that provide work from home solutions and services.” Another noteworthy tidbit from the survey is the month-over-month increase in concern from workers at large companies. In March, less than half of the workers at Amazon, Google, LinkedIn, and Salesforce were concerned about their jobs. At Apple, only 39% of workers were worried about their jobs in March.Any semblance of serenity melted away in April though. No company surveyed this month had less than 60% of its employees say they were concerned about job security. The survey comes as record-setting unemployment claims are being reported nationwide. The Labor Department reported on Thursday that 5.2 million Americans filed for unemployment insurance in the week that ended April 11, bringing the four-week total to roughly 22.03 million, a record for a period of that length.
Daniel Alpert, a creator of the US Private Sector Job Quality Index, told Business Insider that the new wave of national layoffs are moving beyond frontline workers immediately cut from jobs at businesses deemed nonessential to “avoidable layoffs or furloughs in white-collar service sectors administrative, professional, technical, management and sales positions.”Businesses across every industry are cutting jobsor putting employees on furlough. The results of Blind's job security query were roughly mirrored in a companion question: “Are you concerned your total income is going to be negatively affected by the economic trends stemming from the Coronavirus？”Seventy-six percent of respondents answered “yes” this month, while 62% answered “yes” in March, which is about a 23% increase in concern.Amazon workers were the least worried about their pay, with 65% expressing concern; 94% of Lyft workers said they are concerned, at the other end of the spectrum.
Blind's spokesperson Fiorella Riccobono said chatter on the app has shifted from discussion of negotiating techniques to win better pay to conversations about finding a job.
“In the coronavirus era, working professionals are stepping up and helping those who have been laid off or furloughed,” she said, “By sharing an increase of job posting links, insights to companies or teams early in their recruiter phase, or offering referrals.”
In my 15 years of trading the forex markets I have seen many traders
enter and then leave the forex marketplace due to being unable to
sustain long term profits. Many traders become profitable, but once they
become profitable, they get overconfident and careless and often lose
their entire account. Statistically, about 90% of forex traders will
lose their whole account.To get more news about KOL Analysis, you can visit WikiFX news official website.
In this article I want to highlight my two key pillars, which will ensure long term success. If a trader makes these points as the 2 most important aspects of their trading, losing an account will be an event of the past.
Risk Management
Overcoming greed
When I started trading 15 years ago, my mentor pushed this point into my head, over and above everything else, even before we started trading, risk management was discussed in great detail. This concept has stayed with me since then.
Firstly, it is important to understand that the market is unpredictable, but the one thing we can control and predict, is how much do we lose if the market goes against us and I guarantee there will be many times this will happen.
A trader needs to learn how to lose and when you do lose, that the loss is minimal.
This is a very difficult concept to accept as normal life does not teach us to lose. The only other profession where losing is part of the job, is playing sport, every sports competitor will lose in competition many times.
Many traders cannot accept losses, therefore fighting the market and letting loss trades run, become an obsession with some traders, at the expense of their account. I have witnessed traders increase their account over a sustained period of time, only to lose their entire account with one bad trade, simply because they were obsessed with winning all the time.
How do you manage risk in a professional manner？
Firstly set an amount you are willing to lose per trade, 1% to 2% per trade is very common and follow this rule 100% of the time.
Always use a stop loss. A stop loss is a predetermined level that the trade will close if the market goes against the trade.
Set your stop loss at a pre determined pivot point. The stop loss cannot be random, it needs to be at a pivot point, whereas if the market goes beyond that point, it is clearly changing direction, which means ‘get out of that trade and consider trading the other direction.’
How is stop loss calculated？
This article was not meant to be an in depth look at trading, but in answering this question quickly and easily, there is phone applications and desktop software that will make the calculations automatically.
Let the profits run
Overcoming fear
This concept sounds very simple but it is one of the most difficult techniques to master. To be able to maximise your profit, otherwise known in trading terms as risk/reward. During this phase of trading the fear aspect of your emotion will take control, fear of losing, I am in profit but will the market reverse and take my profit away. If fear controls the trade, the trader will often close the trade at a small gain, rather than risking a loss.
The most effective method to counteract fear is to understand candlestick formations and which formation will result in a trade reversal. A good trader will check the close of every candlestick and if there is no indication of a reversal, to have the discipline to allow the profit time to continue.
If a trader allows his profits to be large and the losses to be small, the need to be right all time will become irrelevant, as the winning trades value will by far outnumber the losing trades value.
Conclusion
Forex trading is a discipline and needs to be treated that way, it is not gambling. With trading you are always battling with the raw emotions of fear and greed. Scammers always prey on those emotion. Master these two techniques and you will become a Forex master.
Author: Tony Camilleri
Profile:
Tony Camilleri is an Australian based forex trader. He has been an active trader in both the retail and institutional sector. As founder of 4xfusion, Tony has developed automated algorithm based trading systems, he is an active educator and fund manager for the past 15 years. Tony is also a crusader against the forex scammer and is often asked about his opinion regarding trading systems and their sustainability. Tony has an in depth knowledge of the inner workings of the forex industry and brokers. Tony is a regular contributor to Linkedin with his thought provoking articles and is quickly becoming a key person of influence on that platform, which his often trending articles.
In this article I want to highlight my two key pillars, which will ensure long term success. If a trader makes these points as the 2 most important aspects of their trading, losing an account will be an event of the past.
Risk Management
Overcoming greed
When I started trading 15 years ago, my mentor pushed this point into my head, over and above everything else, even before we started trading, risk management was discussed in great detail. This concept has stayed with me since then.
Firstly, it is important to understand that the market is unpredictable, but the one thing we can control and predict, is how much do we lose if the market goes against us and I guarantee there will be many times this will happen.
A trader needs to learn how to lose and when you do lose, that the loss is minimal.
This is a very difficult concept to accept as normal life does not teach us to lose. The only other profession where losing is part of the job, is playing sport, every sports competitor will lose in competition many times.
Many traders cannot accept losses, therefore fighting the market and letting loss trades run, become an obsession with some traders, at the expense of their account. I have witnessed traders increase their account over a sustained period of time, only to lose their entire account with one bad trade, simply because they were obsessed with winning all the time.
How do you manage risk in a professional manner？
Firstly set an amount you are willing to lose per trade, 1% to 2% per trade is very common and follow this rule 100% of the time.
Always use a stop loss. A stop loss is a predetermined level that the trade will close if the market goes against the trade.
Set your stop loss at a pre determined pivot point. The stop loss cannot be random, it needs to be at a pivot point, whereas if the market goes beyond that point, it is clearly changing direction, which means ‘get out of that trade and consider trading the other direction.’
How is stop loss calculated？
This article was not meant to be an in depth look at trading, but in answering this question quickly and easily, there is phone applications and desktop software that will make the calculations automatically.
Let the profits run
Overcoming fear
This concept sounds very simple but it is one of the most difficult techniques to master. To be able to maximise your profit, otherwise known in trading terms as risk/reward. During this phase of trading the fear aspect of your emotion will take control, fear of losing, I am in profit but will the market reverse and take my profit away. If fear controls the trade, the trader will often close the trade at a small gain, rather than risking a loss.
The most effective method to counteract fear is to understand candlestick formations and which formation will result in a trade reversal. A good trader will check the close of every candlestick and if there is no indication of a reversal, to have the discipline to allow the profit time to continue.
If a trader allows his profits to be large and the losses to be small, the need to be right all time will become irrelevant, as the winning trades value will by far outnumber the losing trades value.
Conclusion
Forex trading is a discipline and needs to be treated that way, it is not gambling. With trading you are always battling with the raw emotions of fear and greed. Scammers always prey on those emotion. Master these two techniques and you will become a Forex master.
Author: Tony Camilleri
Profile:
Tony Camilleri is an Australian based forex trader. He has been an active trader in both the retail and institutional sector. As founder of 4xfusion, Tony has developed automated algorithm based trading systems, he is an active educator and fund manager for the past 15 years. Tony is also a crusader against the forex scammer and is often asked about his opinion regarding trading systems and their sustainability. Tony has an in depth knowledge of the inner workings of the forex industry and brokers. Tony is a regular contributor to Linkedin with his thought provoking articles and is quickly becoming a key person of influence on that platform, which his often trending articles.
An investor complained to WikiFX that he was a newbie while he trade
with IQ Option. He was attracted by a sponsored advertisement of IQ
Option on Instagram. The investor was asked to download an App to submit
his bank details in it. On April 4th, 2020, the investor deposited
250USD to his trading account and want to exchange to NZD. After one
day, he got two emails from GT BANK, the local bank, and both emails
mentioned the investors credit card was deducted 250USD. The investor
felt confused about why the deduction was made twice.To get more news
about IQ Option, you can visit WikiFX news official website.
The investor saw official email address and 24/7 hotline for customer services support on the website of IQ Option. However, none of investors calls was answered. The investor also sent them an email and received an automatic reply saying that they would reply in 2-3 workdays. But the investor did not get any reply from IQ Option and was charged a total 500USD in his credit card.
According to investigation by WikiFX, the IQ Option was complained many times by investors, even though it was regulated by CYSEC. The problems investors face at IQ Option also include unable to log in and losses or negative balance due to inability to top up trading account. After verification, the IQ Options customer support was unavailable as well. All in all, WikiFX suggests all investors to choose brokers who can provide free practice account and stay away from brokers that provide no other contact information other than email address.
Per checking WikiFX App, IQ Option has a poor rating of 1.82, bearing great risks. The broker is currently active on large social networks such as Telegram and Facebook, please stay away!
The investor saw official email address and 24/7 hotline for customer services support on the website of IQ Option. However, none of investors calls was answered. The investor also sent them an email and received an automatic reply saying that they would reply in 2-3 workdays. But the investor did not get any reply from IQ Option and was charged a total 500USD in his credit card.
According to investigation by WikiFX, the IQ Option was complained many times by investors, even though it was regulated by CYSEC. The problems investors face at IQ Option also include unable to log in and losses or negative balance due to inability to top up trading account. After verification, the IQ Options customer support was unavailable as well. All in all, WikiFX suggests all investors to choose brokers who can provide free practice account and stay away from brokers that provide no other contact information other than email address.
Per checking WikiFX App, IQ Option has a poor rating of 1.82, bearing great risks. The broker is currently active on large social networks such as Telegram and Facebook, please stay away!