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freemexy's blog

As forex Traders we are always trying to get an edge in our pursuit of increased profitability. We study the charts and look for those setups that get us really excited. We have our risk management in place, proper position sizing and we have a target, that if met, will generate a nice risk/reward ratio that over time will make a generous amount of pips. We‘re well on our way to a profitable career as a Currency Trader. We’re all set….To get more news about WikiFX, you can visit wikifx news official website.

  Yes, BUT, I would submit that you forgot one of the most important things to consider before you even look at a chart. The fact that you are pairs traders, implies that you are long one currency and short another currency, hence a currency “pair”. Have you thought about what pair you have picked and why it might not be the BEST pair to trade?

  Unless your analysis starts with relative strength and weakness first, you might not be in the most uncorrelated currencies to give you the biggest move based on what you thought was a good setup on a chart.


  When you are able to group the JPY pairs together and identify the % change on all 7 pairings, it will give you a snapshot of the strongest and weakness currencies at the present time. You are then able to determine the pair that has the best odds of providing the biggest move when there is the catalyst to provide energy in the pair.

  Because every trade is a relative value trade, you can simply look at the % change and can quickly identify the pair that will give you the potential biggest move for a specific currency in play.

  For example, if there is news on the USD, what currency would you use to pair against the USD to give you the biggest move if the news is bullish or bearish? Truth is, it won‘t be the same pair. If it’s a bullish USD, then one of the other 7 currencies will be the weakest and if bearish, one will be the strongest.

  By grouping the JPY pairs and identifying the most uncorrelated currencies, you can take your trading to the next level. Yes, you can be profitable without this analysis, but I would submit that it will help move the odds further in your favor and increase your risk/reward ratio.
I‘ve been running a trading channel on Youtube for a while now and a lot of people ask me whether it’s possible to trade with only $100.The answer is, technically YES, you can trade with $100 because a lot of brokers have no minimum deposit requirements nowadays.But if youre looking to get rich with $100, you can forget about it because only 0.01% of traders can grow it consistently without blowing it up.To get more news about WikiFX, you can visit wikifx news official website.
You can‘t earn much from a $100 account. To those people who spam you with videos like “I turned $100 into $10,000 in one week”, they probably tried it 20 times before they get lucky this one time. That is what they don’t show you.


  When youre able to have such huge growths within such a short period of time, you would have to throw your risk management out the window.
  Often times, most traders blow all their profits out in just 1 bad trade.
  So my point here is this, treat it like a practice account. Use it to practice trading live. If you treat it like a get-rich-quick account, you will blow it up really fast.
  Also, don‘t expect to use a $100 account to quit your job unless you’re the 0.01% of traders I was talking about who is experienced enough to execute it.
  Everybody can trade with a $100 account, but not everyone can handle it properly.
  Its just like how everybody can drive a normal car but not able to drive a Ferrari at 200km/hour and still come out of it without a scratch.The reason a lot of traders blow their small accounts is that they either dont see the small sum as something that is significant to them or they over-leverage their positions.
  If you‘re only earning $2 and $4 profits from your small account, it’s easy to get impatient and fall into the temptation to increase your lot size beyond acceptable levels.
  Many traders grew their $100 to $500 in 3 months and only took 1 bad trade to wipe out their past 3 months of hard work. They just couldnt resist the temptation to increase their risk exposure to speed up their account growth.
  In fact, the smaller the account, the larger is the temptation to rush the whole entire process. If youre not careful, you will learn the lesson the hard way.
  Even if your $100 account grows by 1% a day, the ending balance and profits arent as exciting as what the trading commercials portray to you.
  Theres just too much marketing hype nowadays about starting with a small account and getting rich from it.
How to know whether a trader a trading genius? In my opinion there is only one way to tell: is the process of making money stable?To get more news about WikiFX, you can visit wikifx news official website.
  People who do not make money are certainly not geniuses. There are two types of people who make money: the first type experience much ups and downs in the process of making money. Take a look at the trading records of them and you'll see that they apply high leverages, so even a few points of market movement in their favor may convert into tens of thousands of gains in a few seconds. The second type make steady profits, and their trade records often show losses and gains taking turns: a profit of 1,000, then a loss of 300, a loss of 200, a profit of 800, a loss of 400, and a profit of 1500....but ultimately the gains outnumber losses.
  Although the general ledger of the first type of trader may appears to be profiting, sometimes even tremendously, but as long as they stay in the market, they may eventually end up losing everything someday, drawing a sad period for their trading career. This type of trader are actually no more than irrational gamblers. But in a world where one is defined by what he achieves, people tend to worship and praise those traders when they make a fortune in the market by calling them genius and masters. Yet this is simply a common myth. The reason for this type of traders to make big profits or losses is that they base tradings mostly on speculation. Every execution is essentially an all-in game, and they either make it or break it. Such behaviors and the consequences are actually backed by a wrong concept: as long as people are smart enough, they can predict the future.


  The human nature of greed cannot be completely controlled in trading, and the only way to solve this problem is by implementing a personal trading plan. The illusion that the future is predictable will make the trader obstinate and overly confident. In that case the trader's greed will uncontrollably fuel into his trading, as he seek to gain more money with even higher leverage. Suppose the trading process is funded by an endless cash flow, this approach can bring the trader huge success as long as he can afford the price of occasional losses. But the problem is however rich a person may be, he can't have such infinite wealth and with the trading method, he'll lose everything once he slip.
  Meanwhile, the second type of trader's transaction records often show impressive earning stability and fund security. Although the general ledger profit does not appear to be outstanding, it can be seen that this type of trader have good risk management plans. In the long run, these traders are bound to profit. They believe that people cannot predict the future, so the only thing you can do to deal with future risks is to prepare for it by making plans. With that, the trader's greed is also controlled within a reasonable degree. In terms of operation, they typically trade with a moderate amount of funds, and the degree of loss is limited and minimized to an acceptable range through risk management scheme. In their trading there will never be such thing as a heavy loss that cost all of the principal.
  Therefore, whether the trading is profitable, even significantly, is not the only criteria of deciding if someone is a genius trader. This is just one of the standards. What matters more is the rationality and stability of the profit method. Trading geniuses are not necessarily those who make the most money, but they must be the ones who can achieve the steadiest profits. As for those traders who often publish some excellent trading results on Facebook showing 100% winning records without losses, it's safe to say that they are genius - in cheating people.
Of course, we continue to pay attention to the second round of EU-UK trade negotiations that began today, but on the eve of the negotiations, the EU s chief negotiator Barnier warned Britain that should it fails to comply with its commitments, there may be a no-deal Brexit. Therefore, the financial market remains extremely worried that failing to reach a relevant agreement by the two parties will result in a Brexit without a trade agreement when the transition period is over at the end of the year. Of course, the pound may rebound if there is a dramatic turnaround, but the outlook is still pessimistic.To get more news about WikiFX, you can visit wikifx news official website.
Regardless of whether the UK and the EU have reached an agreement in trade negotiations, the new coronavirus has caused the worst economic blow to the UK in 100 years. Therefore, forex traders generally believe that the Bank of England will implement negative interest rates in the future to stimulate the economy.
  In order to support the weak economy, the British fiscal deficit and even the overall debt have deteriorated seriously. At present, the overall borrowings of the United Kingdom exceeds US$ 2.5 trillion, the highest annual deficit since World War II. The related deficits and debts have skyrocketed, which only add to the already huge burden of Britain with little reserves. Therefore, it is generally predicted that the British government will increase taxes in the future with few options at hand, which will hit the economy even more.


  Affected by the above situations, the implied volatility of the three-month pound sterling is higher than the forex volatility index, while the net short position of the pound has continued to rise, both reflecting the continued pessimism of the forex market towards the pound.
  The dollar will fall in the short term due to domestic turmoil, and if the European-British negotiations really see a dramatic turnaround, it's likely that the GBP/USD will rise from the previous 1.2650 and then fall back to the 1.1960 level. Judging from the overall trend, I think there is still a chance for the pair to retest the low of 1.1400 in the second half of the year.Since 1987, Jasper Lo has been engaged in the financial industry (forex, futures and gold) for more than 32 years and holds forex R.O., securities and futures broker licenses. Mr Lo is an expert in trading forex, precious metals and commodity futures and an basic and technical analyst.
  Over the years, Mr Lo won many individual and team sales champion awards, as well as outstanding employee awards. He was invited, as a guest mentor, to the University of Hong Kong, Guangdong Ocean University and Guangzhou Jinan University. And he was also appointed as the chief training consultant by Hantang Securities and Dongguan Securities in China.
The Feds Open Market Committee announced after the meeting that it would maintain all monetary policy unchanged, which includes that it would maintain near-zero interest rate level for a long time and it will keep purchasing assets. The 17 current members all agreed that the interest rate should be maintained unchanged until 2021, and 15 of them believed that the interest rate should be maintained unchanged until 2022.To get more news about WikiFX, you can visit wikifx news official website.
  In this interest rate meeting, the Fed not only faced unexpectedly strong recovery of employment data, but also a Nasdaq index that hit a record high, so under this situation, the Fed does not need to add more quantitative or implement controversial negative interest rates. However, in order to stabilize the financial market, Powell chose to release the relevant attitude in a more dovish way so as to continue to maintain a loose monetary policy to appease the market.


  Affected by the Federal Reserve's slightly dovish post-meeting statement, real-time USDX fell to 95.716. The US dollar also fell against almost all major currencies, while Japanese yen and Swiss franc offered the most impressive performance, likely benefiting from the rather disappointing Dow Jones Industrial Average as safe-haven currencies.
In the short-term, the Yen and the Swiss franc can keep their momentum. The USD/JPY is moving towards 106.00. If it happens to coincide with adjustment of US stock market, the USD/JPY might breach downward to the 106.00 mark and move towards another resistance level of 104.45. The USD/CHF further weakens, basically it has broken through several support levels and it is now moving towards 0.9335. If this mark is lost, it will challenge the March low of 0.9181 again.
  [About The Author]
  Since 1987, Jasper Lo has been engaged in the financial industry (forex, futures and gold) for more than 32 years and holds forex R.O., securities and futures broker licenses. Mr Lo is an expert in trading forex, precious metals and commodity futures and an basic and technical analyst.
Over the years, Mr Lo won many individual and team sales champion awards, as well as outstanding employee awards. He was invited, as a guest mentor, to the University of Hong Kong, Guangdong Ocean University and Guangzhou Jinan University. And he was also appointed as the chief training consultant by Hantang Securities and Dongguan Securities in China.
Following a decision to re-implement layering tech this past April to handle overpopulation issues, Blizzard announced on Friday that it was removing these layers for all of the realms.To get more news about Buy WoW Classic Items, you can visit lootwowgold news official website.

“Over the weeks since several high-population realms were configured to allow two layers, and therefore twice as many concurrent players, we’ve carefully observed and tracked the player populations on those realms,” the studio said. “Our goal has been to reach a conclusion – a time at which we could safely ‘delayer’ and return those realms to the same population controls as every other realm. Today, we have done exactly that. All realms in this region are now operating without layers.”

Additionally, all temporary transfer restrictions between realms have been lifted. This delayering hasn’t come without a cost, however, as some of the higher population realms are starting to see login queues pop up as a result.
The demand for space on World of Warcraft Classic servers, which launched tonight at 6 p.m. Eastern Time, has been overwhelming.To get more news about Shadowlands WoW Gold, you can visit lootwowgold news official website.

Fans of the nearly 15-year-old game have been creating characters like mad since last week, reserving their names and a shot at recapturing the nostalgia of playing the game as it was close to its launch. There is no up-front cost to Classic; if you have an active World of Warcraft subscription, you own it. So the barrier to those wanting to take a gander at the game, whether they stay or not, is very low.

As a result, nearly every server at launch was reading Full before the game even began, and Blizzard's been posting increasingly plaintive notes asking people to move off ultra-full servers where streamers or popular communities have taken up residence to newer, lower-population servers.

Realistically, WoW game director Ion Hazzikostas told Forbes, the population is going to drop dramatically after the tourists leave and the committed WoW Classic players settle in for the long haul. To deal with that disparity, the company is using "layering," which creates multiple copies of the entire game world of Azeroth to hold people in the short term.

I caught up with Hazzikostas for an extended interview about those realm login queues, the reasons for layering, and how it works. This is the first part of that interview, talking specifically about why you're probably waiting in a login queue right about now. (Welcome! Can we get you a cup of coffee and a few good stories to read while you wait?)
To be clear, we don't view layering as an improvement to the Classic experience. We're not saying that man, we wish we had layering back in 2006, it would have made it so much better, but now we have it, so let's do this. Layering is the lesser of several evils by a large margin.
We are trying to manage long term healthy populations on these servers around a unique sort of game launch. There's no box that you have to buy on a shelf in a retail store for an outlay of dollars. We are opening this world up to millions of people, many of whom are just going to want to check it out as a matter of curiosity.

There are others who've been waiting for this clearly for years and they are in, as in as can be, but they're all going to be there contending for the same server space on day one.
Say goodbye to unrewarding PvP kills. The PvP Honor System will be implemented on November 12! Get ready to rack up those kills because things are heating up. Arm yourself with the best gear, or start farming WoW Classic gold for them. You don’t want to get caught flatfooted at the starting line of the race to get ranks, do you?To get more news about WoW Gold Classic, you can visit lootwowgold news official website.

It is a way to keep track of the PvP kills of a player. Accumulating ‘honorable kills’ (HK) will increase your contribution points (CP). Those points will determine your ranking points. Along with your HK, ranking points influence your final rank. Ranking only measures your contributions to PvP and is not a level of anything. It’s a measure of how active you are.

Now, HK isn’t the only way to farm contribution points. Completing Battleground objectives in later phases will also give you contribution points. It’s a better way to farm points. When you kill the same person multiple times within 24 hours, you get diminishing returns. That’s why, even when participating in long Battleground games and having over 1000 HK, you get less CP than when completing objectives. You can circumvent this by joining many short games against a different set of players each time.

Party members will get the same amount of CP as the host. There is less gain or none at all if the target is too weak or is too low ranking compared to you. Conversely, if you defeat equal to you or higher-ranked players, you get more points.

Rankings are calculated once per week. If you don’t participate, your rank will decay. Since it’s a measure of your activity, you only keep your rank if you do the bare minimum. To increase your rank, you have to be more and more active in world PvP and Battlegrounds.
Yes, the system brings rewards to those who participate. Aside from bragging rights and the feeling of superiority, you can get sweet armor based on your rank. Lower ranks get accessories and trinkets. Higher ranks get armor of superior quality and above. There’s even a mount available to those who get at least rank 11. As early as rank 2, you get an insignia that can remove various debuffs from your character.

If you’re worried that you’ll drop in rank and lose those rewards, don’t be. Future patches let players keep their rewards when they do. It’s just a matter of time before World of Warcraft Classic catches up.
F3S is the upgrade version of F3. Based on the advantages of F3, F3S become the leader of car led headlight!To get more news about H4 LED headlights, you can visit iengniek official website.
1. CANBUS / PMW Solutions
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No needs to add canbus harness, save cost and time.

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F3S Led headlight adopted powerful turbo 10,000RPM ball bearing fan perfectly achieve high efficient heat dissipation but avoid volatilize and cause noise problems. What is more, vacuum liquid conduction system greater improves its cooling efficiency.

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Irrefutable heat dissipation solution and extra driver design enable F3S be equipmented with real compact tiny size while with reliable cooling system!

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High output peformance LED Chipset give F3S headlight reach real lumen of 4,500 allowing F3 to re-define your concepts of LEDs light and vision.

All CN360 lighting products are fully tested and measured using an integrating sphere and spectroradiometer, to provide the exact color and true total lumen output. Below is CN360 F3S real testing datas.
The COVID-19 pandemic has wreaked havoc on the economy. Record numbers of unemployment filings are pouring in. In an attempt to keep the economy afloat, the federal government is sending some Americans payments to help make ends meet, but also to spur spending to keep businesses large and small afloat.To get more news about engniek, you can visit iengniek official website.
American's are spending the stimulus money on a wide variety of things. One industry we know is benefitting is the vehicle aftermarket and performance parts market. As a result of the federal stimulus, consumers gained approximately $155 billion in their checking accounts. Much of that was on its way or had arrived by April 15th.The automotive marketing company Hedges and Company conducted a study of about 8 million user sessions and online purchases from parts and accessory websites in the US and Canada. The study determined that the week leading up to and of the federal stimulus payments was the highest-volume sales week in the automotive aftermarket's history. Hedge's summary says that, "Most clients set some type of website record…either the single biggest day for online sales (mostly Wednesday 4/15, but some saw sales come in Thursday 4/16 or Friday 4/17), or the single biggest week for sales. Sales continue to be strong the week of April 19."
As soon as Torque News began sharing this story on social media readers began to post images and comments. One TN reader we will call DTA, posted, "I have a set of wheels and tires, and a brand new jack, literally on a UPS truck right now." Another posted an image of his just-upgraded vehicle.The study looked back to the week prior to the stay-in-place mandates and forced closings of many businesses in America. It ompared that week of sales to the week the stimulus was sent. Here are some highlights of what was observed:
-Overall aftermarket eCommerce sales, including automotive, light truck and powersports: Index of 140.3 vs. 100.
-OEM parts sales: Index of 125.4 vs. 100, the first positive week after sales declines the rest of the weeks.
-Light truck and off-road parts sales: Index of 157.2 vs. 100.
-Performance/racing parts sales: Index of 148.9 vs. 100, surprisingly strong demand considering many motorsports events are canceled.Did you buy car parts with your stimulus check? If so, tell us what build or repair you are working on this week in the comments below.
John Goreham is a life-long car nut and recovering engineer. John's focus areas are technology, safety, and green vehicles. In the 1990s, he was part of a team that built a solar-electric vehicle from scratch. His was the role of battery thermal control designer. For 20 years he applied his engineering and sales talents in the high tech world and published numerous articles in technical journals such as Chemical Processing Magazine. In 2008 he retired from that career to chase his dream of being an auto writer. In addition to Torque News, John's work has appeared in print in dozens of American newspapers and he provides reviews to many vehicle shopping sites. You can follow John on Twitter, and view his credentials at Linkedin.
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