To simplify the operations in the Forex market, there are only 3 decisions someone can make in the market: Buy Sell STAY OFF THE MARKET Staying off the market Is the most important decision you will take in the Forex market. It’s about 80% of the decisions taken. It’s taken in cases where the direction …
· Pip: The price change between pairs of currency. Some call it point; either way, it’s the fourth digit after the fraction (0.0001).e.g.: EUR/USD = 1.2345, when the price increases one pip, it will be 1.2346. · Trend: The direction of a pair of currencies; it could be up trend or down trend or side …
The most important factors that affect the market are: • Interest rates: The sum charged, calculated as a percentage of the principal, for the use of assets by a lender to a borrower. • Economic and political conditions How the government intervenes in the economy is linked to political factors. Political considerations, in particular, include …
Foreign Exchange (Forex or FX) refers to one currency being exchanged for another. One can exchange the U.S. dollar for the euro, for instance. On the foreign exchange market, also known as the Forex Market , foreign exchange transactions will take place. With trillions of dollars changing hands every day, the forex market is the …
Every one of us wants to make something that we can leave for the world. All of us have a dream and most of these dreams unfortunately depend on the money. As such, most of us strive to save and maintain a job with a respectable salary. An unobtrusive manager and a lack of pressure …
After 40 years in a government agency, you’re finally going to retire and start that house improvement project you’ve always wanted to work on. Your carpets are filled with scattered pet hairs, and the dust buildup in your attic. You also want to get rid of the scum in your bathroom and cobwebs around your …
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In the 21st Century of technology, most people just want to find ways that make their lives more comfortable. Thus, companies have gone to manufacture robotic vacuum cleaners to help you make your home spotless. There’s the delivery of products, techniques and services through the internet and the most outstanding inventions of all, cryptocurrency1 – …
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In our culture, the workplace tends to reward charismatic go-getters who network their way to the top. The shy people who struggle to make small talk in the break room or chime in during hectic brainstorm meetings can feel overshadowed by others or not taken seriously. Research conducted by Jennifer Kahnweiler, author of The Introverted …
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A good business plan guides you through each stage of starting and managing your business. You’ll use your business plan as a roadmap for how to structure, run, and grow your new business. It’s a way to think through the key elements of your business. Business plans can help you get funding or bring on …
If you are a one-person business, you know how precious your time can be. It can get overwhelming looking at the massive pile of work sitting in front you, knowing you’re the only one who’s going to get it done. Stop all the anxiety that’s about to overtake you. Take a deep breath and check …
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