Practical tips on how to trade cryptocurrencies

For a while, I’ve been watching closely the performance of cryptocurrencies to see where the market is headed. The routine my primary school teacher teaches – where you wake up, pray, brush your teeth and have breakfast, shift a little to wake up, pray and then hit the net (starting with coinmarketcap) just to I know in which cryptocurrencies the assets are red.
bitcoin value
The beginning of 2018 was not great for altcoins and related assets. Their execution was crippled by bankers’ frequent opinions that the crypto bubble is about to burst. Nevertheless, cryptocurrency ardent followers are still “HODLing” and truth be told, they are very big.

Recently, bitcoin has pulled up to almost $ 5,000; Bitcoin Cash came close to $ 500, while Ethereum found peace at $ 300. Virtually every coin was struck except for newcomers who were still in a state of excitement. To this text, Bitcoin is back on track and its sales are $ 8,900. Many other cryptocurrencies have doubled since the uptrend, with the market cap resting at $ 400 billion from the recent $ 250 billion crest.

If you are slowly warming up to cryptocurrencies and want to become a successful trader, the tips below will help you get out.

Practical tips on how to trade cryptocurrencies

• Begin modestly

You have heard that cryptocurrency prices are rising fast. You may also have received the news that this upward trend may not last long. Some naysayers, most respected bankers and economists, usually continue to refer to them as quick enrichment schemes without a stable basis.

Such news can make you invest quickly and fail to apply moderation. A small analysis of market trends and currency-valid investments can guarantee you a good return. Whatever you do, do not invest all your hard earned money in these assets.

• Understand how exchanges work

I recently saw a friend of mine post a Facebook feed for one of his friends who continued to trade on the stock exchange, he had zero idea how it was going. This is a dangerous move. Always review the site you intend to use before you sign up, or at least before you start trading. If they provide a dummy account to play with, use this opportunity to learn what the dashboard looks like.

• Don’t insist on trading everything

There are over 1400 cryptocurrencies to trade, but it is impossible to handle all of them. Expanding your portfolio to a huge number of cryptocurrencies than you can effectively manage will minimize your profits. Just select a few, read more about them and how to get their trading alerts.

• Be sober

Cryptocurrencies are volatile. It is both their bath and grace. As a trader, you should understand that wild price fluctuations are inevitable. The uncertainty about when to make a move makes one an inefficient trader. Use hard data and other research methods to know when to make a deal.

Successful traders belong to various online forums where cryptocurrencies are discussed about market trends and alerts. Of course, your knowledge may be sufficient, but you should rely on other marketers for more relevant data.

• Diversify meaningfully

Practically everyone will tell you to expand your portfolio, but no one will remind you to deal with currencies with real applications. There are some stupid coins you can handle for quick bucks, but the best cryptos to deal with are the ones that solve existing problems. Coins with real applications are usually less volatile.

Do not diversify too soon or too late. And before you make the move to buy a cryptocurrency, make sure you know its market cap, price changes, and daily trading volumes. Maintaining a healthy portfolio is the way to make the most of these digital assets.


Cheap flights – flights

No matter what you are traveling in the US or fly abroad, you are likely to find the cheapest flights without sacrificing quality and comfort. Most tourist sites – is a search engine and user experience to help you easily navigate through the cheap flights and you are surprised to find big savings.
trivago flight
Pick almost any direction. You can use their search engines, which are managed by the database in order to find discounted tickets to the destination. These sites allow you to book flights around the world with a simple online reservation. The data is always encrypted when you purchase with a credit card.
airline tickets best price
Cheap flights in the middle of the week in an unexpected hour time is significantly cheaper than the output during flights over the weekend. If flexibility in the time and date, it will help save not only money, but also to take advantage of the most comfortable flight, which may have little passengers.
all-inclusive vacation packages
You can look for alternative airports to find the best flights at discounted prices. Vacations and summer, as a rule, in the same time of year when most people prefer to fly with their seven & # 39; families. A little research and flexibility of travel dates, you are sure to find.
cheap tickets
Avoid peak travel hours and peak hours and during the peak season to go to any points. Consider the time of year. Summer – high season, and you will find some of the highest rates in June and July. Another peak travel period – winter vacation between Christmas and New Year.
trivago flights
But cheap change frequently and vary greatly depending on the time of year and day that you want to leave. To get the maximum possible proposals for travel, be flexible in travel plans. Different dates and direction of travel will give different results. You will be surprised to find huge variations in time. Choose the best cheap flights that fit into your budget.


Factors affecting the cost of the air ticket

A wide range of prices, arising from the purchase of airline tickets, make it challenging. What factors affect the price?

  • The cost of fuel is one of the biggest influences on the tickets. As soon as the price of oil rises, so do the costs and airlines. Airlines are well agree on the purchase of fuel in the future can avoid sudden surges and pass savings to customers.
  • A weak economy causes people to fall into the non-essential travel. It calls on airlines to give discounts to attract Flyer. Conversely, if the business is good, but the planes are filled capacity, stimulate little to offer flights at low cost.
  • airport cost – this is another part of the ticket price. Airlines, which use smaller airports to save on fees.
  • Purpose – factor. The competition will greatly affect the price. The airline that uses a virtual monopoly on a particular route may levy from all that they want. Flights on international routes have stiff competition from other countries and the need to keep prices in line with what they offer.
  • Low cost airlines can sometimes provide the cheapest flights with the help of “useless”. This is most effective on domestic flights over short distances.
  • Timing play. If the departure time approaches, and in flight are still many empty seats, the airline can offer them a substantial reduction. If flying on a particular day is not a & # 39 is critical, you may want to hold out until the last minute.
  • Where to buy a ticket can affect its value. Travel agents get deals from carriers, but are paid for their services. Internet gives some deals, but be careful with whom you are dealing. Sometimes on their own airline operating nedareklamnyya discounts.
  • Plain, old-fashioned greed. Air travel – a market economy, and airlines are charging as much as they can go. No one believe. Do your own research.

Buying cheap flights, remember that you actually compare. One airline advertises a flight to an Asian destination – $ 800, and the other – for $ 1,300. reading the small print shows that the “cheapest fare” has another $ 700 hidden fees and surcharges, that is $ 200 more than the rate “all inclusive”.

There are many factors that affect the price of the ticket. How well the carrier manages these costs defines their essence. Competition – this is important, the airlines that most want your business to offer the best deals. Careful purchasing can help to find the cheapest flights.

Did you miss the boat with gold and silver?

With gold rising above 25 percent and silver over 64 percent year-on-year, many investors are wondering if they have missed the bullion bull market. Even if you already had significant resources for precious metals, it's easy to kick yourself to buy no more. Silver tripled from its lowest levels in 2008, and some stocks like SLW have increased 10x in the short two years.

While smart money and early investors have enjoyed big profits in the decade's bull market for precious metals, big money and craze money are yet to be made. The bull market is already in an institutional phase, also known as phase two, where hedge funds, banks and pension funds are bidding on metals and miners. As the bull market grows, investment strategies need to be modified to accommodate the second bull market, with a three-phase hanging phase.

Phase Two and Phase Three bull markets are driven by increasing volumes of inflow capital flows. This can be seen in the growing trend of open interest as well as stronger correction offers. The upward movement in prices will increase and adjustments will become shallower in duration, as seen in the October correction of precious metals. This presents challenges for both new and veteran investors.

Investors already in the market will tend to want to take profits, but they have to resist the temptation to sell everything. As Jesse Livermore once said, "Throughout my years of investing, I have found that big money has never been made in buying or selling. Big money is made in anticipation. " The fundamentals are still in favor of much higher gold and silver prices and as long as this changes, the long-term trend will remain upward. Real interest rates are in double-digit negative territory, and money supply growth is still in double-digit positive territory.

While it may be possible to wake up tomorrow to find that silver has doubled or gold is over $ 200, investors new to precious metals would be prudent to avoid buying a lump sum. Both gold and silver are technically overpriced and can be drastically adjusted. This way, the best strategy supported by professionals is to accumulate using small orders over a period of time and continue to buy where cash flow allows. If the prices are correct, then increase the amount of the planned purchase through pyramid orders based on the price.

Investors should also consider diversifying the type of investment in precious metals they own. While physical metal has outperformed gold stocks in recent years, this is expected to change. The financial collapse in 2008 left many companies unprofitable and without credit to continue operating. PAAS, SSRI, AUY and others are still well below their 2008 highs, despite gold prices of $ 1,400 and silver prices of $ 28. Price premiums have shifted from researchers and young producers to large, well-capitalized, mining miners. Now that credit is more affordable and metal prices are much higher, capital has just begun to flow into younger teens and researchers as investors realize they are holding onto future supply.

While the easy money in gold and silver is made, the biggest gains are yet to come. Long-term investors need to stand tight and keep piling up, and those who consider gold and silver insurance should not even consider selling, as the global decline in fiat currencies is just beginning.

Top 3 Pros and Cons of Forex Technical Analysis

Technical analysis has been a part of financial practice for many decades. This is a method of forecasting price movements and future market trends using a chart. You need to know the pros and cons of technical analysis to be able to trade at full ease.

There is no doubt that technical analysis is the easiest and most accurate method of currency trading. So let's understand the first 3 pros and cons so you can trade at full ease.


1. Provides all relevant information

The current price reflects all currently known information about an asset. While rumors may constantly suggest that the price may drop or jump, the current price is ultimately the balancing point for all the information. As investors and traders swing from side to side – buyers or sellers – the asset moves, reflecting the current perception of value.

2. Prices are trending

If prices just go wild and random, it will be very difficult to make money. While wild quotations are observed, overall prices tend to be trending. There is a price bias that gives traders an advantage. Much of the technical analysis has to do with determining when a trend is present, when it is not (called a side market, scope, or correction) and when the trend reverses.

The most profitable trading methods used by traders are trend-following strategies. This means isolating the trend and then finding opportunities to go in the same direction as the trend, thereby benefiting from price movements addicted to the trend.

Trends appear at different "degrees". For example, you may have a long-term upward trend on a daily or weekly schedule, but with shorter time frames – or on the left-most part of the chart – you may have a downward trend.

3. Schedule

A major benefit of technical analysis is that it provides you with ways to "time" your trades. In a fundamental approach, your research can dig up some interesting news about company stocks that you think may lead to an increase in the future; but when?

With Forex's technical analysis, you can wait and use your money for other options until the price tells you that stocks are ready to move higher.

As there are both advantages and disadvantages to technical analysis, it is also important to know the disadvantage. So let's check out the downsides now.


1. It can be dangerous to depend entirely on the assumption that today's prices predict future prices. They often do, but not necessarily.

2. Responding entirely to the diagrams will not help you to pick up the signals for a change of trend until the change has actually taken place. This means that you can miss up to one-third of the fluctuations in currency trading.

3. It is also possible for currency trading to act prematurely or in little panic. If a large number of forex traders do this, it can create a self-fulfilling prophecy.

Review the points above about the pros and cons of technical analysis to get a better understanding of Forex technical analysis while trading.

Does John Templeton's Trade in the Buff Forex System Really Work?

The question posed in the title of this article really needs to be addressed and asked: has John Templeton's formula (for using price actions to determine successful currency trading) ever consistently failed? And the answer is: No. Not so. Not all the years there he was markets in which to trade. In fact, this is what many, if not most, successful professional forex traders use as their primary guideline to find successful trading opportunities.

According to John, if you are looking for a trading robot (also known as "expert advisers" or EAs) to help you trade in the forex market, you are sorting the wrong tree when it comes to finding bargains. "The trading markets are too complex to let a robot do the trading for you." There are too many variables that can come into play for any self-respecting forex trader to allow a robot to trade for it. Plus, it just doesn't make sense, at least with the data that most of these robots are programmed to collect and decrypt. In other words, the data they are considering and decrypting are not always data that can be used.

And what about those who trade using "special indicators?" Special indicators are interesting in theory; and they certainly make an intriguing selling point for those who sell currency trading strategies based on the use of these metrics. However, they only tell you what's up already happened. They show a trend that is already halfway through its life cycle. But they are certainly unable to predict where the market will likely go much longer. And by the time you enter your trade using these metrics, you have already lost half of the profit you received could, maybe do. So, what good is that!

Let's look at an indicator like stochastic. According to the so-called "experts", this indicator aims to show you when the market is over-sold or over-bought. But how does this apply to the forex market, where what you buy is one currency against another and not product-oriented shares competing with similar product-oriented stocks? As John asks, "Just because this indicator tells you that a currency is over-bought or resold, does that really mean it's time to buy or sell?" The foreign exchange market is a different animal from traditional investment in commodities or commodities.

John sees himself as a tech trader who focuses on a price action laser beam, which is why he declares all these ghostly theorems for investing in the foreign exchange market. "Once traders can get rid of this type of thinking and start focusing on what's important to the tech trader, which is the price movement, then you can start calling yourself a trader." Finding potential profit deals based on price movements or price actions is what John is learning material Buffet Trading learn.

And he's not just making a move for his forex product; he says from experience: "When I first started trading forex I had to get lumps like any other. I bought one gadget after another. And after all, it became obvious to me. No gadget would do the job for me . I would not be able to push a button and become a millionaire. "

Instead, he bowed and began to study the only forex trading signals he needed to give him a guide on which currency pairs to invest: price movements. The currencies you invest in vary depending on market conditions, which are always in flux. Market conditions will change depending on whether it is a changing market or a trend. But you need to be able to look at the bare stats and know what you are looking at to be able to understand what is happening at the moment.

Fashion forex trading systems will come and go just like any other fad trading. However, if you really want to trade money in the foreign exchange market, you better pay attention to the basics. And that means looking at price actions and the basics that drive price action. That's where the actual data is.

Two methods for analyzing movements in the foreign exchange market

In many ways, the currency, currency, or currency market is no different than any other market, and prices are largely determined by simple laws of supply and supply. If a currency is in demand, its price will rise, but if demand is low, its price will fall.

This principle is quite simple to understand and you might think that against this background it should be quite easy to predict the movement of currency prices. Unfortunately, this is not the case.

By the mid-1980s, most marketers relied on a method known as fundamental analysis to predict market movement. Today, however, an increasing number of traders have diverted from fundamental analysis in favor of technical analysis, although there are still a significant number of traders left with fundamental analysis or who use it to support the results of their technical analysis.

Let's look briefly at each of these two analytical methods.

Fundamental analysis

The principle based on fundamental analysis is that changes in the political, economic and social factors that dictate demand and supply and market movements can be predicted by examining these factors.

The fundamental analysis therefore looks at political events and economic data such as inflation, interest rates and trade data, as well as social data such as employment rates. Historical data is then used as a basis for predicting movements in the light of current figures. In other words, an analysis of, for example, the effect that rising or falling interest rates have had on currency prices in the past is used to predict the effect that interest rates will have today on or off.

The biggest problem with fundamental analysis is the huge amount of data that needs to be analyzed and the fact that there is a great deal of disagreement as to which data is important and which is not. In some neighborhoods, it is also felt that as the world has changed dramatically in recent years, many of the factors that may have influenced currency prices in the past may not necessarily have the same effect today.

Perhaps one area of ​​common agreement is that a country's balance of payments analysis is crucial to the success of a fundamental analysis. The balance of payments is important because it reflects the flow of currency in and out of the country and a situation where money enters a country faster than flowing or vice versa will clearly affect currency prices. Analyzing how prices will be affected, of course, is something that has been heavily discussed by fundamental analysts.

Technical analysis

The principle behind the technical analysis is simply that although the political, economic and social factors really govern the market, there is no need to study or even understand it, because whatever factors you choose have emerged again and again in the past and their influence can be seen simply by studying the historical pattern of currency movements.

Accordingly, the main tool of a technical analyzer is a chart, or rather a series of charts, that provides graphical representation of the market over time. Examining such charts will show that there are clear trends and patterns of price movements, and thus expanding the current chart based on past patterns will show the direction in which the currency will move.

As with fundamental analysis, there is a wide range of different charting tools and widespread disagreements about which they are valuable and of little or no benefit.

Deciding which method to adopt is not easy, although most novice marketers today choose to follow a technical analysis. This may be because they firmly believe that it is the better of the two methods, but in most cases it is likely because the acquisition of fundamental analysis skills takes a long time and involves a steep learning curve and because this is the direction, where the Forex trade is headed.

US investors are safe from Nickel beech and bust

There is good news on the horizon for the average US retail investor. A balloon is coming and for once Joe Investor will miss the boom and crash. Two major stories create the potential for short-term meteoric rise in prices only for the rapid sinking, as macroeconomic forces and political problems stack up. In a world full of financial instruments, global exchange and products ranging from meteorological derivatives to technology indexes to silkworm futures, nickel in base metal is inaccessible to the average US retailer.

Ten years ago, nickel was traded for about $ 11,200 a tonne on the London Metal Exchange (LME). Currently, the market is nearly $ 18,500 per tonne. The 65% rise in prices is almost a perfect correlation to the global GDP growth of the five largest economies in the world over the same period. In general, this makes sense since nickel is used in the nearly 3,000 alloys that we come in contact with daily. The rapid rise in nickel prices this year is not linked to global growth, but the collapse of nickel after the jump will be directly linked to the slowdown in global GDP.

There are two main factors that currently push nickel prices above their core value. The first issue was not a surprise. Indonesia, the world's second-largest producer of nickel, set limits on exports of crude ore this January. The act is intended to stimulate ore processing in Indonesia and boost domestic industrial development. Some discounts have been made on companies with new interior projects already in the works such as Freeport-McMoRan, but even their production is likely to be halved according to their first-quarter earnings report. After all, the world may see a drop in supplies by over 8% in 2014 due to the entry into force of Indonesian policies.

The second factor that is currently pushing nickel prices above their intrinsic value is the escalation of the political crisis in Ukraine. Russia produces about 16% of the nickel in the world. It also produces nickel with a significant cost advantage over Indonesia due to the geological formations in which it is stored. Norilsk nickel dominates Russian nickel production. Norilsk Nickel, like Gazprom, is a quasi-governmental industrial concern that will be on the list of the next round of NATO sanctions, as well as direct US sanctions targeting individual Russian businesses and owners, in particular through banking and tax controls.

These short-term supply problems lie in the macroeconomic picture that continues to predict global slowdown. The Organization for Economic Co-operation and Development has recently released its forecasts calling for global GDP to fall from 3.6% to 3.4%. This is also the second projected decline in six months. Highlights include China's GDP declining from 8.2% to 7.4%. This factor cannot be minimized, given the fivefold growth of the Chinese economy over the last 10 years, which is solely responsible for the 50% increase in nickel prices over the same period. Ironically, Chinese production itself will be a factor in the decline of the metal, as it is expected to increase production by nearly 50%, contributing to nearly 500,000 tonnes of total 2014 production, totaling 1.85 million tonnes. Finally, their increasing production efficiency will allow them to profit even if nickel drops below $ 12,000 per tonne.

Futures markets are based on the delivery of a product at a point in time at a price agreed between the buyer and seller of the product at the beginning of the contract. Physical goods also have storage costs, along with insurance, to cover their storage value. This creates a pricing structure where the longest delivery times have the highest prices due to the associated fees. This pricing structure is called backwardness. The opposite is contango. Contango appears when the price is closer to the long-dated price. This pricing structure is a short-term supply shortage.

The nickel market is currently infested according to the LME rankings. Currently, the current delivery nickel is trading around $ 18,450 per tonne, and the three-month delivery nickel is trading a little higher at $ 18,520. Meanwhile, the December delivery nickel is $ 18,205 and the December delivery nickel. 2015 is almost up to $ 17,805. These prices make it easy to see that the short-term price jump does not reflect the market's prospects for the bigger picture. In addition, the lack of retail access for investors from the US to the LME hampers trading on their stock market.

We have seen that supply disruption creates similar situations here in the US. Typically, excess pricing between intrinsic value and increased market price is fueled by media speculation that ultimately flows to the individual retail investor in Main St. USA. Unfortunately, we've seen retailers jump on the news bar again and again, hoping to make a quick buck, just to end the sinking of the ship when the market turns. These models are easy to look at in the US futures markets due to the Trader Engagement Report published weekly by the Commodity Futures Trading Commission. This report tracks the actual purchases and sales of individual groups of traders – trading, index and small speculator. We track these reports religiously and use them to inform us about the current outlook of the core industry in the respective markets. At least this time, the nickel balloon won't be filled with money for an American summer vacation.

Forex Assassin Review – What Is The Formula Of Forex Assassin?

Forex Assassin is a new Forex trading tool that is already gaining in popularity. This tool is specifically designed for the novice trader who can only spend a short time trading. Made with the average Joe who has a day job, a family to look after and just can't take the time to watch the markets all day long looking for indicators, alerts and the like, but still wants to trade to a new level.

How you work with Forex Assassin

Every weekend you spend a few minutes of your time getting the right prices from market data. All you need is price as Forex Assassin is a price-driven system. This makes it especially easy to know about a novice trader.

You take the data you extract and include it in your own Forex Assassin formula. This is a formula that has been developed over 11 years of extensive marketing, testing, training and fine-tuning. What the formula does is provide you with profit-and-stop prices for each currency pair you want to trade. These are your prices for next week.

All you have to do is give your broker these prices and just market. These prices will ensure that your losses are minimal and profits are maximized, so you generally make more money with less work.

The best thing about Forex Assassin is its simplicity. It is easy to use, understand and apply.

Commercial short sales in the crude oil market

The United States dominates the country's oil production. Crude oil reserves in the US have just reached a 26-year high. Hell, just last year, North Dakota passed the production of Ecuador and Ecuador is a member of OPEC. In addition, the United States is expected to take over the crown as Saudi Arabia's largest oil producer as early as 2020. The issues that continue to arise are twofold. "Why the price of oil has not fallen and why gas prices are still so high." The answer is simple, politics and logistics.

40 years ago the Energy Policy and Conservation Act came into force. The idea was, for the most part, to ban the export of crude oil, thus moving away from the production of an OPEC source and to a predominantly Texas-based production during the 1970s oil crisis and embargo. OPEC. Although the intention was noble at the time, it is clear that the global landscape of energy production has shifted. We are fast approaching the point of energy independence. Our production already overshadows imports on a weekly basis on a regular basis. In fact, manufacturing growth here in the US has helped offset the decline in world production in each of the last three years.

This is where the door to the Energy Policy and Conservation Act comes into play. While crude oil itself cannot be exported, refined petroleum products can. Therefore, oil refining companies have had access to both the domestic and global markets over the last 40 years, while actual drill rigs have been handcuffed with outdated policies. Captive oil drilling has seen the value of US crude oil decline compared to the global market as domestic supplies increase. Refiners have used the overused internal situation to their advantage. They buy local cheap oil and resell refined petroleum products at elevated prices on the global market. Result for the refining industry.

Ironically, a change in outdated legislation may not even be necessary to equalize prices. Primary glut is limited to the Midwest. Canadian oil enters the Keystone pipeline, along with North Dakota and Montana. It all ends in Cushing, Oklahoma. The expansion of the pipeline will deliver this light sweet crude oil to more refineries, balancing the difference between east and west coasts against gas prices in the Midwest. Pipelines such as the Gulf Coast gas pipeline project, Houston side project and apparently the Keystone expansion could double the Gulf Coast refining capacity and help bring West Texas Intermediate (WTI) prices back in line with the global crude Brent benchmark.

The alarmists used the previous example to illustrate that gas prices will rise "throughout the American heartland." However, it is very easy to see the population shifting from the American heart to the coast. The lifting of the export ban would certainly lower the price of the Brent crude brand, which would be a huge benefit to coastal refiners who are already importing and improving the heavier Brent crude brands as well as their general population. The simple answer is that it would create a more efficient global market and an efficient market lower prices for all involved. This way the refineries will be the strongest voice of protest.

The internal biases in the domestic crude oil market, which have been exacerbated by the boom of the fracking industry, create a peculiar set of commercial biases. Fear of the crude oil market is always measured by surprising price spikes. This can be measured by locking down the buyers of the refineries at future delivery. Merchants were huge buyers for the 2007-2008 rally and were also the biggest top sellers. It is therefore reasonable to note that their current situation is at least bullish since August 2005. We have been using this bias to trade the short side of the WTI discounted contract for years. You can see our typical setup of the WTI crude sales chart here.

Historical cost of light crude oil

The price of light crude oil (LCO) is likely to be affected by incidents. The Gulf War, fought in the Middle East, was one of the incidents that caused a sharp rise in the price of light commodity. Disasters such as Hurricane Katrina also caused an increase in light raw material. In early 2002, the price of light oil was $ 20 a barrel.

It rose to over $ 70 at the end of August 2006 after Hurricane Katrina. The release of 6 rockets in mid-2008 also caused the price of oil to rise to $ 78. When writing this article, the price of oil fluctuates in the range of $ 70 to $ 78 a barrel. May God help the common man in raising the price of light oil, and may God help the United States and Iran to achieve good conditions, because this will reduce the prices of crude oil.

Different tissues of crude oil

In the US: The momentary indication of severe and mild raw differences. This is the result of the categorization of raw material, which is based mainly on practical basics, more than theoretical ones. The New York Stock Exchange defines light oil that is produced in the United States, containing API gravity ranging from 37 degrees to 47 degrees. It defines light crude oil that is produced outside the United States, ranging from 32 degrees to 42 degrees.

In Canada: The Government of Canada, in charge of energy, called NEBC, defines light oil as it has a density lower than 30.1 degrees.

In Mexico: Pemex, which is the Mexican government's own oil agency, defines light oil as containing API specific gravity from 27 degrees to 38 degrees.

Understanding Forex Pips for maximum profit

If you are exploring the potential investment prospects of the foreign exchange market as a way to generate additional income or diversify your investment portfolio, then you may have come across this term as you conduct your research and develop an understanding of the foreign exchange market.

Pips is the smallest increase in currency fluctuations. PIPs are also called "dots", and both can be used interchangeably when talking FX. Although the most common term for PIP is "point-to-point", there is also speculation that the response in the currency market is comparable to bond traders' beeps, which refers to "bps" or "basis points" as measured on the bond market, representing 1/100 of 1 percent. One pound in one US dollar is equivalent to a fourth decimal point, or 0.0001 or 1/1000 of a dollar.

However, in different currencies, this rule is not always applied, for example in Japanese yen, one pip is equivalent to 0.01 yen or a second decimal point. If you are wondering why the forex markets are trading with fibs, the answer is quite simple when banks and other major currency traders trade millions of dollars, each $ 0.0001 per dollar (USD) costs ten thousand dollars.

Calculating profit and loss with fibs is pretty straightforward in mathematics; it is all based on the size of your position and the number of pips you earn or lose. Pips provide an easy way to calculate profit and loss. To put it simply, let's focus on an example currency pair EUR / USD and a cross. Let's say the EUR / USD price is 1.2841, if the price moves to 1.2861, it just moved up by 20 pips. If the price moves to 1.2811, it just moves down 30 pips.

Pips provide an easy way to make profit and loss calculations. To turn the example above into a P&L calculation, all you need to know is the size of the position. For example, at a position of 100,000 EUR / USD, a movement of 20 pips would be equivalent to $ 200 (100,000 EUR x 0,0020 = $ 200). Whether the amounts are positive or negative depends on whether you have been long or short for each move. If you were short, before the $ 200 there would be a "-" (negative), if you were long, it would be a "+" (plus).

The good news is that online Forex trading platforms calculate P&L automatically for you; you still need to know how to do it yourself to structure and manage your risk effectively.

How long hedging and short hedging work in futures trading

Futures trading is used daily by people looking to buy and sell different types of goods, such as corn, gold, wheat, timber, and more. People trade these goods in an attempt to make a profit by buying low and selling high. Rarely do people ever have physical force over goods. Instead, the goods are presented on plain paper called a futures contract.

Futures contracts contain a shelf life that varies depending on the type of commodity being traded, but each contract lists what part of the particular commodity is traded and the quality of that commodity. It gives all the specific details so there is no doubt about what the trade is about. The contract must not be suspended until its expiration and can be canceled at any time. Indeed, it is not uncommon for some traders to cancel their contracts within hours of receipt.

Traders are known as hedgers or speculators. Speculators are people who trade futures in an attempt to make a profit. Hedges are people who either produce or actually use the commodity being traded. They trade futures in an attempt to either reduce price risk or set commodity prices. Hedges can be divided into two different categories: short hedges, also known as sellers, and long hedges, also known as buyers. In general, short hedges want to keep prices from falling so that they can sell high, and long hedgers want to keep prices from rising so that they buy low.

A long hedge in futures trading is a bargain that protects the opportunity for the prices of the traded commodity to increase later. This practice is beneficial to both the buyer and the seller of the traded goods. On the other hand, short hedging does the opposite. It protects against the possibility of a decrease in the prices of the traded goods, again benefiting both the buyer and the seller.

For anyone who is unfamiliar with futures trading and how everything works, this information can get quite confusing. The good news is that there is a wealth of information on the Internet that can help you learn about the futures business. There are endless examples of situations that explain in detail how futures trading would work in those particular situations. The examples also illustrate what would happen if prices suddenly increased or decreased and the effects that these fluctuations would have on these situations.

If you are looking to engage in futures trading, it might be wise not only to research as much as possible about how everything works, but also to seek out an investment professional and get their in-depth expertise and advice on exactly what to do and where to go. a good place to start.