#forex board

[signprotrading]

Forex Board manufacturers & suppliers

Signprotrading offers a wide range of forex boards to help you get the most out of your advertising. Our selection includes a variety of sizes, colors, and styles to choose from, so you can find the perfect option for your business.

[whats-in-a-sentence]

In May 1992 Frank Conroy wrote a 'comfort' letter on behalf of Rob Douglass:

To whom it may concern

As managing director of Westpac, I write to clarify certain matters which pertain to the reputation of Mr R.H.V Douglass and arise out of his position as managing director of Partnership Pacific Limited ('PPL'), a wholly owned subsidiary of the bank.

The bank employed Mr Douglass between May 1983 and December 1986 as general manager, merchant banking. One of his duties was to take up the position of managing director of PPL from late 1984. That role involved responsibility for the seven divisions of PPL. The divisions reported to Mr Douglass through the general manager of PPL. The board of directors of PPL met on a monthly basis. It consisted of senior Westpac personnel, the chairman being the then deputy managing director of Westpac.

Mr Douglass had the ultimate responsibility within PPL for a foreign currency product which involved the management of clients' foreign currency exposures and was in vogue throughout the banking community during the 1980s. As is now well known, banks and their clients had difficulties in coping with the market environment which developed after deregulation of exchange controls in 1983 and gave rise to extraordinary volatility of the Australian dollar. PPL experienced its own internal difficulties, both with staff and computer systems. In 1985, Mr Douglass engaged the bank's solicitors, Allen Allen & Hemsley, to advise on the procedures to be established and documentation.

In 1987, the bank asked Allen Allen & Hemsley to carry out a review of the foreign currency product marketed by PPL. The result of the initial review is reported in what later became known as the 'Westpac Letters'. It is wrong that Mr Douglass has suffered as a result of being named in these 'Westpac Letters'. I believe that Mr Douglass, in his administration of PPL, acted as a reasonable person of integrity could be expected to have acted in the current state of knowledge of the market. The opinions of Mr Douglass and his version of events were not available to the author of the 'Westpac Letters', but have been made available to me. They cause me to think that the wholly negative assessment of Mr Douglass's performance in relation to the foreign currency product presented in the 'Westpac Letters' is not warranted.

It is my earnest wish, both personally and on behalf of the bank, that Mr Douglass should continue his career free from any negative associations arising out of his time with the bank or PPL.

"Westpac: The Bank That Broke the Bank" - Edna Carew

[wavedrop-05]

The Importance of Signages for Businesses in Dubai.

In the bustling metropolis of Dubai, where businesses compete fiercely for attention, the importance of effective signage cannot be overstated. Signages play a crucial role in attracting customers, conveying brand identity, and enhancing the overall customer experience. From the glittering skyline of Downtown Dubai to the vibrant streets of Deira, businesses across the city are leveraging the power of signages to stand out in a crowded market.

Highlighting Our Key Offerings

1. 3D Sign Boards

Enhance your business's visibility with our stunning 3D sign boards. Designed to stand out, these signs create a dynamic and engaging display that captures attention.

2. Backlit Signages

Illuminate your brand with our backlit signages. Perfect for nighttime visibility, these signs ensure that your business remains visible and attractive even after dark.

3. Custom Neon Signs

Add a touch of vibrancy to your business with our custom neon signs. Available in various colors and designs, these signs are perfect for creating a unique and memorable brand presence.

4. Flex Light Boxes

Promote your brand with our sleek and modern flex light boxes. These versatile signages are ideal for both indoor and outdoor use, providing a bright and clear display.

5. Foam/Forex Boards

Utilize our foam and forex boards for durable and lightweight signage solutions. These boards are perfect for a wide range of applications, from trade shows to retail displays.

6. Acrylic Awards

Recognize excellence with our customized acrylic awards. Crafted with precision, these awards are perfect for corporate events and employee recognition programs.

For more detailed insights and tips on making the most out of your business signage, be sure to check out our full blog: The Ultimate Guide to Signage.

In conclusion, signages are a powerful tool for businesses in Dubai looking to enhance their brand visibility and attract more customers. By partnering with Wave Color Drop, you can ensure that your signage needs are met with professionalism, creativity, and the highest quality standards. Elevate your business with our exceptional signage solutions and make a lasting impression in the vibrant city of Dubai.

[pathwaystopurpose]

Cash for Cyprus! Maxiflex had to pay €370,000 due to potential infractions of the law.

Maxiflex has received allegations of being a major scam. Find out more about the company and its operations in this Gripeo review.

The CySEC declared on December 5, 2020, that a board decision had previously been made on October 5, 2020. It has to do with Israeli Roy Almagor’s Maxiflex Ltd. Maxiflex was required to pay the Republic of Cyprus Treasury €370,000. Although CySEC likes the phrase settlement money, reasonable people would refer to this as a penalty payment. As usual, the CySEC’s statement is incredibly evasive and fails to provide any context for the possible infraction Maxiflex may have committed. Lately, GlobalNetInt suspended the bank accounts of Almagor’s Maxiflex and Maxigrid after they were used as props in broker frauds.

In light of CySEC’s investigations, for potential infractions of The Investment Services and Activities and Regulated Markets Law of 2017, as these appeared between January 2019 and September 2020. More particular, the agreement agreed covered the evaluation of the Company’s adherence to:

Article22(1) of the Law addresses the authorization conditions of article 17(2),17(3), and 17(6) of the Law regarding the organisational requirements that a CIF must adhere to; 

Article 24(1) of the Law addresses conflicts of interest; Article25, paragraphs (1) and (3) of the Law addresses general principles and information to clients; 

Article26, paragraphs (2)(a) and (3)(a) of the Law addresses the evaluation of suitability and appropriateness and client reporting; and 

Article28, paragraphs (1)(a) and (8) of the Law specify the duty to execute orders on terms that are most advantageous to the client.

A settlement of €370.000 has been made with the Company over potential infractions. The €370.000 has been paid by the Company. It should be highlighted that the sums payable under settlement agreements do not belong to CySEC and are instead regarded as revenue (income) of the Republic’s Treasury.

Maxiflex’s Infraction of the Law

Usually, an infraction is when someone violates a law, regulation, or agreement. Therefore, a country found guilty of breaking an international treaty will typically be required to pay a fine. A fee is the only punishment under federal law, where the offence is even less serious than a misdemeanour.

CySEC

Cyprus’s financial regulator is the Cyprus Securities and Exchange Commission, or CySEC for short. The European MiFID financial harmonisation law is complied with by CySEC’s financial regulations and operations as a member state of the EU.

A sizable portion of foreign retail forex brokers are registered with CySEC. Many binary options brokers had previously chosen CySEC as their regulator of choice before 2018.

As a public corporate organisation, CySEC was established in 2001 under section 5 of the Cyprus Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001. CySEC joined the European MiFID regulation at the same time as Cyprus joined the EU in 2004, providing companies registered there access to all European markets. However, the financial regulatory structure that CySEC enforced for what was once thought to be a tax haven was drastically altered upon the EU’s membership and adoption of the Euro.

CySEC issued a regulatory change on May 4, 2012, pertaining to the categorization of binary options as financial instruments. As a result, platforms for binary options that are based in Cyprus—where the majority of them do—had to be subject to regulation. As a result, CySEC became the first financial regulator in the world to officially acknowledge and control binary options as financial instruments.

On July 10, 2019, CySEC permanently prohibited providing binary options trading to retail traders, following the implementation of a temporary ban on the products in July 2018.

Revocation of Maxiflex Ltd.’s authorization by the Cyprus Securities and Exchange Commission

In accordance with section 10(1) of Directive DI87-05 for The Withdrawal and Suspension of Authorization (“DI87-05”), the Cyprus Securities and Exchange Commission (“CySEC”) has notified the Malta Financial Services Authority that, as of October 15, 2021, it has completely suspended Maxiflex Ltd.’s authorization (“the Company”). This is because there are allegations of purported violations of:

According to Section 5(5) of the Investment Services and Activities and Regulated Markets Law of 2017 (the “Law”), the Company appears to be conducting business, engaging in business, and/or facilitating business not specifically authorised by the Company.

Article 22(1) of the Law since it appears that the Company does not always abide by the authorization criteria in sections 9(2) of the Law regarding the eligibility of management body members, 11(1)(b) regarding the suitability of shareholders, and 17(4) and (9) regarding organisational requirements.

As stipulated in section 9 of DI87-05 and for the duration that the suspension of authorization is in effect, the Company is not allowed to:

offer or carry out investment services or activities; 

engage in any kind of business dealings with third parties and take on new clients;

promote itself as an investment services provider.

The following measures by the Company may be taken without violating section 7(a) of DI87-05, so long as they are in accordance with the desires of its current clients:

fulfil all of its clients’ and its own transactions that are in front of it, in compliance with client directives;

refund any money and financial instruments that belong to its clients.

The CySEC ruling of October 15, 2021, which is available on the CySEC website, provides more information about the aforementioned.

[forextradingcoursebyprofithills]

How to Learn Price Action Trading Proven Strategies for Beginners

It can be pretty overwhelming when trying to start price action trading, especially with all the technical terms and strategies floating around. Of course, if you're looking for something simple and effective, getting you to know your markets, then price action is this. One of the purest forms of trading is this because all this focuses on is price movement- no fancy indicators, no over-complicated charts: just price, patterns, and your interpretation.

In this tutorial, we'll guide you through the fundamentals of price action trading, break down some simple strategies, and provide practical tips for getting underway as a beginner. Are you ready? Alright, here we go!

What is Price Action Trading?

Price action trading is essentially reading the movement of the market—it's nothing more than that. You don't rely on indicators or complicated systems: you focus on the price itself, trying to figure out where it might go next based on what it's done in the past, kind of like learning the body language of the market.

The beauty of price action is that it works from forex up to stocks, commodities, and everything in between. It's adaptable. You can use it for short-term day trading or long-term swing trading-whatever your style.

Why Learn Price Action Trading?

No clutter in your charts with indicators; all you have to understand is the movement of price.

Flexibility: it works across the board, from stocks to currencies.

Clear Signals: You get a sense of the level at which the market might trade by interpreting some of the dominant patterns with the least guesswork on confusing indicators.

How to Start with Price Action Trading

What does it mean to learn price action trading as a beginner? It is essentially about training on some key elements: candlestick patterns, support, and resistance levels, and the trend of the market. Let's chop them down into actionable steps.

1. Learn Candlestick Charts

Actually, the candlestick chart is the heart of price action trading. Every candle represents a definite time frame, and it shows open, close, high, and low prices in the specified period. Once one begins reading the candles, he or she learns the language of the markets.

Bullish Candles (usually green): The price closes above the price at which it opened.

Bearish Candles (usually red): The price closes below the price at which it opened.

Start by learning individual candles, then you start seeing patterns where groups of candles combined paint a story of what's going on in the marketplace.

2. Study Important Candlestick Patterns

Candlestick patterns allow you to quickly view the mood of the market. Some of these patterns are particularly useful for identifying potential reversals or continuing trends in price. Here are a few to get you started:

Pin Bar (or Hammer): This is a candle with an elongated wick and a very small body. This would be considered as a sign of a reversal-the price trying to move in one direction but pushing back.

Engulfing Pattern: These are two candles. A bullish engulfing occurs when a small red candle is succeeded by a bigger green one, which might be a signal for an uptrend beginning. The vice versa case applies for the bearish engulfing.

Inside Bar: This occurs when the smaller candle "is inside" the previous one; it indicates that the market is pausing before its next move.

These patterns may be pretty nondenominational, but they can pack some pretty serious punch when placed in the proper context.

3. Learn Support and Resistance Levels

Anyone trading on price action must understand support and resistance levels. You would think of it as a floor where the price tends to stop falling and resistance as a ceiling where the price stops rising. Essentially, it is those price points where the market has a tendency to reverse or even pause.

Once you can visually see the levels you will make much more informed trading decisions:

You could use the support level to determine when to buy, as the price would rebound back up in that location

Or use the resistance level to decide when to sell- when the price encounters the resistance and falls back down

By being aware of support and resistance, you will better be able to anticipate where the market may shift direction.

4. Spot Market Trends

Trends are your friend in price action trading. The market is either trending up, down or ranging sideways. Your job as a price action trader is to find these trends and then trade on them.

Trend up: The market makes higher highs and higher lows.

Trend down: The market is making lower highs and lower lows.

Sideways: The market moves between support and resistance levels without trending up or down.

One of the easy ways to delineate a trend is to use trendlines. Plot a line connecting the lows in an uptrend or the highs in a downtrend to confirm the direction. Generally, more trades will be successful when trading with The trend rather than against it.

Simple Price Action Strategies for Beginners

Well, now that you understand the basics, it's time to discuss strategies. These are simple approaches you may immediately start using to trade off price action.

1. Pin Bar Reversal Strategy

The pin bar is a popular pattern, and for good reason-it's reliable and easy to spot. A pin bar signals that the market tried to push in one way but failed, which suggests that a reversal could be approaching.

How to Trade It: Search for a pin bar developing close to key support or resistance level. When you find a pin bar failing to break resistance with a long tail up, it is selling time. A pin bar at support with the long tail down means it is time to buy.

2. Inside Bar Breakout

The inside bar pattern is suggestive of a consolidation in the market, a breathing time for the price before it makes a big move. In general, inside bars usually break out and it forms a great opportunity to come into the market.

How to Trade It: Once you identify an inside bar, wait for the price to break above or below the high or low of the bar. If it breaks upward, buying might be warranted. In case it breaks downward, selling should be preferred.

3. Strategy of Engulfing Pattern

Another great reversal signal is the engulfing pattern. The bullish engulfing pattern occurs when a small red candle is followed by a large green candle, engulfing the previous candle's range.

How to Trade It: Look for engulfing patterns near key support or resistance levels. When a bullish engulfing pattern shows up at support, it usually signals that the buyers are taking over. If you get a bearish engulfing pattern at resistance, the sellers might be taking control.

Practice Makes Perfect

The process of learning price action trading takes time. I won't promise you will be some guru overnight. The best way to get better is by practice :

Backtest your strategies: Use historical price data for back-testing your patterns as well as approaches

Open demo account: Before risking real money, start trading in a risk-free environment.

Keep a trading journal: Record your trades as well as track your progress in understanding by learning from successes and mistakes.

Final Thoughts

Price action trading forms one of the powerful forms for anyone keen on moving within the markets. To cut it all short, if a trader focuses on the bare essentials while trading; these include candlestick patterns, support and resistance, and market trends, one does not need to lose focus with their elongated indicators.

Keep in mind that trading without discipline and patience is not such a success. Stick to the strategy, properly manage your risk, and, above all, keep learning. With time, this approach to trading, known as price action trading, should be the go-to method for reading the markets and making smart trades.

[jktrading]

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[accapitalmarket]

UK100 rebounds, GBPUSD edges lower

UK stocks bounced back on Wednesday, recovering after big falls in the previous session despite big falls on markets in China where additional stimulus disappointment weighed on the mood.

Chinese authorities think that the country could achieve its 5% growth target with the stimulus measures that have already been announced, but investors are cautious. China's finance minister will hold a briefing this weekend focused on fiscal policy after introducing a recent slew of measures aimed at reversing an economic slump.

Oil prices extended falls made on Tuesday amid the additional China stimulus disappointment. UK Brent crude fell another 0.9% to 76.52.

On foreign exchanges, the pound managed to edge higher against the euro, up 0.11% at 1.1946. But sterling was weaker against the US dollar, down 0.218% at 1.3068 as traders awaited the release this evening of minutes from the September Federal Open Market Committee when the US central bank cut interest rates by 50 basis points (bp), its first move in this current cycle.

GBPUSD H1

More important, however, will be the latest US CPI inflation numbers, due to be released tomorrow, which will influence future interest rate reductions. Hopes for another 25 bp point move in November having been dented by stronger than expected US payrolls data last week.

At the stock market close in London, the blue-chip FTSE 100 index was up 0.7% at 8,243 and the broader FTSE 250 index rose 0.9% to 20,822.

Among the blue-chip movers, M&A was a focus. Paper and packing firm Mondi was 4.0% higher after announcing a deal to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging for an enterprise value of 634 million euro, which will be financed from Mondi's existing facilities.

But miner Rio Tinto lost 2.3% after confirming plans to buy US firm Arcadium Lithium in a $6.7 billion all-cash deal to become the world's third-largest lithium producer.

Housebuilder Vistry, off 2.0% was a FTSE 100 faller for a second day after a profits warning on Tuesday, coming under further pressure following a share price target cut by analysts at Deutsche Bank.

However, after falls itself on Tuesday following news of a clampdown by water regulator Ofwat, United Utilities recovered 1.4% boosted by an upgrade to outperform from sector perform from analysts at RBC Capital.

UK100 H1

Away from the blue-chips, customer engagement software provider Netcall rose 1.8% after posting an 8.4% increase in revenue and a 58% jump in pretax profit for the full year to June 30, 2024.

But Revolution Beauty dropped 11.7% after reporting a 20% sales decline in the six months to August 31, 2024, even though it assured shareholders that growth is set to return later in the year and annual profits would be in line with the last numbers.

Disclaimer:

The information contained in this market commentary is of general nature only and does not take into account your objectives, financial situation or needs. You are strongly recommended to seek independent financial advice before making any investment decisions.

Trading margin forex and CFDs carries a high level of risk and may not be suitable for all investors. Investors could experience losses in excess of total deposits. You do not have ownership of the underlying assets. AC Capital Market (V) Ltd is the product issuer and distributor. Please read and consider our Product Disclosure Statement and Terms and Conditions, and fully understand the risks involved before deciding to acquire any of the financial products provided by us.

The content of this market commentary is owned by AC Capital Market (V) Ltd. Any illegal reproduction of this content will result in immediate legal action.

[cambcurrencies]

RBA Holds Interest Rate at 4.35% Amid Inflation Concerns – Sept 24, 2024

Forex Market Update – September 24, 2024 Today’s market continues to react to mixed global economic data, with commodities and currencies showing varied movements across the board. Below is an overview of the key events and market changes. Major Currency Movements EUR/USD: The euro is trading at 1.11050, down 0.05% as of this morning. With the European PMI data reflecting persistent…

[starseedfxofficial]

Relative Vigor Index (RVI) + EURAUD: The Hidden Formula Only Experts Use Imagine walking into a forex trading world where trends just make sense, where you're not left clueless when the market does a dance in a completely opposite direction than you'd predicted. Today, we're stepping into that very world, with one of the less-known yet incredibly powerful tools—the Relative Vigor Index (RVI). Paired with the EURAUD currency pair, this dynamic duo can turn the tables on your trading game. But before we deep dive, let me break it to you—the Relative Vigor Index is one of those hidden gems that most traders either overlook or don’t understand well enough to make good use of. Let’s change that. Oh, and don’t worry, I’ll throw in some jokes so you don't doze off halfway through. Who said advanced technical analysis can't be fun? Why Most Traders Get It Wrong (And How You Can Avoid It) Most traders see a shiny, overly complex trading indicator and sprint in the opposite direction. It’s like avoiding that “30% off” sale on cheese because you don’t recognize the brand—a terrible mistake (unless you’re lactose intolerant, in which case I fully support your cautiousness). But here's the deal: the RVI is NOT something to fear. It’s a trend confirmation tool that actually plays well with the big boys like MACD or RSI. When used correctly with the EURAUD pair, it can add another layer of confidence to your trades. And let's be honest, who doesn't need a bit more confidence when going toe-to-toe with the ever-wily forex market? What Makes RVI Different From All The Other Indicators Out There? Ever heard the saying "buy high, sell higher"? Well, the Relative Vigor Index has its own version: "confirm high, ride higher." Unlike oscillators that obsess over price changes, the RVI digs deeper. It’s all about comparing closing prices with the trading range—measuring market strength by assessing whether the price consistently closes higher or lower within that range. Think of it like measuring how vigorous that dance move was instead of just seeing if the person fell over or not. It gives us context, and trust me, context is everything. How To Use RVI With EURAUD: Step-by-Step Guide - Start by Identifying Market Trends - Before we get all cozy with the RVI, let’s first establish if we are in an uptrend or a downtrend for EURAUD. This can be done using good ol’ trendlines or by identifying higher highs/lower lows. - Remember, RVI is used best as a confirmation tool—so don’t go in blind. Imagine getting into a pool before checking the water temperature; not ideal, right? Same applies here. - Check the RVI Signal Line - RVI has a signal line that mirrors its movement, much like MACD. When the RVI crosses above its signal line, it's considered a bullish confirmation. - Picture it as your best friend giving you a thumbs-up when you nervously eye that potential buy setup. If RVI crosses above and the general trend is up, you’ve got a potential trade. - Use EURAUD’s Volatility to Your Advantage - EURAUD tends to have higher volatility compared to some other pairs. This means there are opportunities—but with opportunities come risks (not unlike deciding to go for that double espresso at 9 PM). - The trick here is to use the RVI as a "vigor confidence gauge." When you see the RVI confirming strong momentum, you’re not just throwing darts at a board—you’re taking an educated, calculated risk. The Hidden Patterns That Drive the Market One powerful, underground technique with the RVI is divergence trading. Divergence is when price makes new highs, but the RVI doesn’t follow suit—or vice versa. This tells us that there’s something fishy going on beneath the surface, like seeing a smiling person whose eyes tell a different story (yikes). For instance, let’s say EURAUD is creating higher highs, but RVI starts showing lower highs. This bearish divergence hints that momentum might be fading, and it could be time to plan that exit strategy before everyone else catches on. The Forgotten Strategy That Outsmarted the Pros Want to outsmart the pros? Here’s a little-known secret: use the RVI alongside another oscillator, like RSI or Stochastic, but only look for trades when BOTH are in agreement. If RSI screams overbought but RVI shows bullish momentum, you might want to hold off on that sell button. This combination not only protects you from false signals but also ensures you're riding the trend instead of betting against it. Just remember, trading isn’t about being a lone wolf, but more like being that one person at karaoke who waits to join the song until they’re absolutely sure of the lyrics. Get both indicators in harmony, and you’re in for a much smoother ride. How To Predict Market Moves with Precision Here’s the kicker: a big part of using RVI effectively is understanding how market participants act during periods of uncertainty. EURAUD has a knack for bouncing unpredictably during major economic news. So, the trick is to use RVI to identify strong shifts in momentum just before economic releases, and combine it with smart position-sizing (as in, don't go all in—please, for the love of your trading account). Want some more good news? Once RVI starts diverging, the upcoming move is often pretty sharp. Think of it like stretching a rubber band—once it snaps, you’re in for a big move. Be prepared to catch it! Wrap-Up: Hidden Ninja Tactics So, let’s sum it up—the Relative Vigor Index is like that best-kept secret at a restaurant; it’s not flashy, but once you know it, your experience changes forever. Use RVI on EURAUD to: - Confirm trends before entering trades. - Identify potential reversals using divergences. - Combine it with other oscillators for a reliable strategy that limits false signals. Remember, trading doesn’t have to be a gamble. It’s about strategic moves, pattern recognition, and trusting the tools that give you an edge. If you treat the Relative Vigor Index as the powerful confirmation tool it is, you might just find yourself making smarter, better-informed trades—and who knows, maybe even laughing at the market moves that once left you baffled. —————– Image Credits: Cover image at the top is AI-generated Read the full article

[tradingviewuae]

Navigating Forex: Impact of Fed’s Policy and Softer U.S. Inflation

The Forex market witnessed significant movement following two important events: the Federal Reserve Board meeting and the release of the US Consumer Price Index (CPI) report on June 12, 2024. These events provided important insights into the direction of US monetary policy and inflationary trends, which have influenced the valuation of currencies around the world. Let's dig into the details and understand their impact on the Forex market.

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[centfx]

Centfx

Canadian Dollar strengthens versus the US Dollar

To end the trading week, the Canadian Dollar (CAD) gained ground versus the risk-averse Greenback while being generally lower on the currency board. Saw a significant improvement in the broad-market risk mood as positive US data prints helped to allay previous investor concerns over a US recession. Next Tuesday, Canada will release its most recent inflation statistics, and in order to maintain a neutral sentiment, CAD traders will be watching for stable prints in the country's Consumer Price Index (CPI) figures. The 50-day Exponential Moving Average (EMA) for the pair produced a technical rejection at 1.3728, and the price action was constrained in the middle of the range between the EMA and the 200-day EMA at 1.3634.

centfx #fxtips #fxprofit #fxsignals #ForexSuccess #forexsignals

[realjaysumlin]

Top 10 Lowest Valued World Currencies in 2024 | FXSSI - Forex Sentiment Board

Christian colonization, which began in 1441, has had lasting negative impacts on the countries where it took place. Many of these nations are now left in ruins, struggling with economic instability and political turmoil. One of the most visible effects of colonization is the low currency exchange rates in these countries, which are among the lowest in the world.

This has hindered their ability to attract foreign investment and develop sustainable economies. The legacy of colonization continues to shape the social, economic, and political landscapes of these nations, highlighting the need for ongoing efforts to address the lasting consequences of this historical period.

[accapitalmarket]

BoE hints gradual easing, GBPUSD drops, UK100 lower

UK stocks closed lower on Wednesday, retreating after some hawkish comments from a Bank of England (BoE) policymaker and as energy heavyweights dropped in tandem with weaker oil prices.

BoE Monetary Policy Committee (MPC) member Megan Greene said she believed the risks to activity are to "the upside", and that she favoured a "gradual approach to removing restrictiveness." Greene was one of the MPC members who voted to hold rates in August. The BoE ultimately cut rates by 25 basis points to 5.00% in a 5 to 4 decision then but held them at that level this month by an 8-1 majority.

Meanwhile, the Organisation for Economic Co-operation & Development has placed the UK joint second in its economic growth forecasts for the rest of 2024. The prediction of 1.1% growth for the whole of this year puts the UK alongside Canada and France but behind the US. However, its prediction of 2.7% inflation for this year means the UK is still the country in the G7 with the fastest-rising prices.

GBPUSD H1

On currency markets, the pound was weaker, losing 0.63% versus the US dollar to 1.3328, and down 0.24% against the euro at 1.1967.

At the stock market close in London, the FTSE 100 index was down 0.2% at 8,268, while the FTSE 250 ended 0.1% lower at 20,755.

Among the oil heavyweights, BP shed 2.4% and Shell lost 1.6%. Brent crude has fallen 9.3% over the past month and is down 19% in the year to date.

But elsewhere with commodities, the recent strength in the gold price continued to support Fresnillo, up 3.4%. And copper miner Rio Tinto added 0.6% helped by some positive comments as analysts visited some of the miner's Canadian operations.

Meanwhile, positive comments from analysts at JPMorgan on the airline sector boosted British Airways owner International Consolidated Airlines, up 0.8%, and easyJet, ahead 2.2%.

UK100 H1

Beazley was also hoisted higher by broker comment, up 1.0% as analysts at Deutsche Bank raised their price target and reiterated a buy rating on the insurer.

Among other blue-chip gainers, Rentokil added 4.5% after activist investor Brian Baldwin secured a seat on the board. Baldwin is the head of research of Trian Fund Management, an investment management firm, run by Nelson Peltz.

Paddy Power owner Flutter Entertainment gained 6.9% after it announced a £5bn share buyback and said it is targeting doubling annual profit by 2027. And DFS Furniture rose 6.6% as the retailer said it sees increasing reasons to be optimistic even after reporting two years of revenue declines.

Disclaimer:

The information contained in this market commentary is of general nature only and does not take into account your objectives, financial situation or needs. You are strongly recommended to seek independent financial advice before making any investment decisions.

Trading margin forex and CFDs carries a high level of risk and may not be suitable for all investors. Investors could experience losses in excess of total deposits. You do not have ownership of the underlying assets. AC Capital Market (V) Ltd is the product issuer and distributor. Please read and consider our Product Disclosure Statement and Terms and Conditions, and fully understand the risks involved before deciding to acquire any of the financial products provided by us.

The content of this market commentary is owned by AC Capital Market (V) Ltd. Any illegal reproduction of this content will result in immediate legal action.

[serusi]

Stefano Serusi, Duru Duru, 2022 Exhibition views presso Arrivada, Milano

Stefano Serusi, Whisper, 2022 Stampa digitale su forex, incorniciata, cm. 100 x 70 Stefano Serusi, Ouija board, 2022 Stampa digitale, 200 copie f.to A3

Stefano Serusi, Ouija Carpet, 2022 Stampa su tappeto vinilico, cm. 210 x 150

Stefano Serusi, Duru Duru, 2022 8 cuscini, gommapiuma e raso, ciascuno Ø cm. 50 x 4

Stefano Serusi, Planchette, 2022 Marmo Rosa del Portogallo, ruote in acciaio e plexiglass, cm. 90 x 65 x 13

Stefano Serusi, L'aviatore, 2022 Legno smaltato, cm. 83 x 233 x 4,5 

Le opere della mostra, curata da Andrea Lacarpia, si riferiscono alla notte, vista come portale iniziatico tra la realtà e il sogno, scenario ideale per degli incontri in cui affidare per passatempo alla tavola Ouija la risoluzione di un mistero. La tavola, ridisegnata in collaborazione con la graphic designer Manuela Nobile, è accostata a un manifesto che riproduce parte del testo di una canzone dei Beatles, che appare come l’invito da parte della Ouija a essere interrogata. La planchette, il cursore su rotelle che abitualmente si usa sulla tavola per indicare le lettere, è reinterpretata in mostra come una scultura mobile in marmo. Chiude il percorso, incorniciando una parete cieca come se fosse la porta per un’altra dimensione, un cancello che reca la data 1944, quella dell’enigmatica scomparsa di Antoine de Saint-Exupéry: un ideale mistero da approfondire con la Ouija, dischiudendo l’accesso per una nuova realtà.

[zfundsofficial]

NISM Certification: A Gateway to a Professional Career in the Indian Securities Market

The National Institute of Securities Markets (NISM) certification is a prestigious and sought-after credential for professionals looking to build a career in the Indian securities market. Established by the Securities and Exchange Board of India (SEBI), NISM aims to promote securities market education and research, fostering a better understanding of the market mechanisms and enhancing the quality of market participants. This article delves into the importance, types, and benefits of NISM certification, guiding aspiring professionals on their journey to becoming certified market experts.

Types of NISM Certifications

NISM offers a wide range of certifications catering to different segments of the securities market. Some of the prominent certifications include:

1. NISM Series VA: Mutual Fund Distributors Certification Examination: This certification is essential for those looking to work as mutual fund distributors, providing comprehensive knowledge about mutual funds, the regulatory environment, and distribution practices.

2. NISM Series VIII: Equity Derivatives Certification Examination: This certification focuses on the derivatives market, covering topics such as derivatives trading, hedging, speculation, and the regulatory framework.

3. NISM Series I: Currency Derivatives Certification Examination: This certification is designed for individuals working with currency derivatives, offering insights into the forex market, trading strategies, and risk management.

4. NISM Series VII: Securities Operations and Risk Management Certification Examination: This certification is aimed at professionals involved in the operations and risk management aspects of the securities market, encompassing trade life cycle, clearing and settlement, and regulatory requirements.

5. NISM Series XV: Research Analyst Certification Examination: This certification is tailored for research analysts, covering fundamental and technical analysis, research report writing, and ethical standards.

Conclusion

NISM certification plays a pivotal role in shaping the careers of professionals in the Indian securities market. By providing comprehensive education and ensuring adherence to high ethical standards, NISM certifications help create a knowledgeable and trustworthy workforce, essential for the growth and stability of the financial markets. Whether you are a fresh graduate or a seasoned professional, obtaining an NISM certification can significantly enhance your career prospects and professional credibility in the dynamic and competitive securities market.

Investing in an NISM certification is an investment in your professional future, providing you with the knowledge, skills, and credibility needed to succeed in the fast-paced world of finance.

[starseedfxofficial]

The Not-So-Secret Art of Combining Fibonacci Extensions with Hedging: Ninja Tactics for the Forex Brave The Hidden Formula Only Experts Use Let's start with a bold truth: Fibonacci extensions are not just for those mysterious traders who seem to predict market movements with the precision of a psychic. And if you think hedging is just about limiting your losses, well, hang tight—this is where it gets interesting. Today, we’re diving into a powerful combo that turns these two techniques into a veritable Batman and Robin team of Forex trading: the use of Fibonacci extensions in hedging strategies. But don’t worry, this isn’t going to feel like algebra class—think more like an insider's comedy club, where I happen to share game-changing tactics instead of punchlines (okay, maybe a few punchlines). Why Most Traders Get It Wrong (And How You Can Avoid It) Ever had that moment in trading where you feel like you just bought a clearance-sale product only to find out no one actually wanted it—like a self-tanning lotion that makes you glow like a traffic cone? That’s kind of what happens when traders misuse Fibonacci extensions. Most see these tools as mere indicators to slap on a chart without understanding how they truly work in conjunction with a hedging strategy. The biggest mistake? Thinking Fibonacci extensions are just for profit-taking or entering new trades. Actually, the smart money is using them as part of a broader strategy—one that involves hedging against market reversals. Imagine you’re a surfer (because, well, life is better on a board). The Fibonacci extension is the wave, and hedging is your trusty backup plan for when that wave turns into something far less fun, like an unexpected reef. In other words, it’s about riding the wave while staying ready to navigate unexpected obstacles. How to Predict Market Moves with Precision Now, let’s talk precision. You know how some people claim they can predict the weather by feeling the twinge in their knee? Predicting market moves is (thankfully) less about arthritis and more about understanding the relationships between price levels. Fibonacci extensions help you identify possible future resistance levels. But here’s the trick—when combined with a hedging strategy, these extensions can become powerful tools not just for profit targeting, but for hedging with pinpoint accuracy. For example, say you’re long on EUR/USD, and price approaches a 161.8% Fibonacci extension. You know this could be a potential reversal level, but instead of waiting like a deer caught in headlights, you implement a hedge. That hedge helps you maintain your initial position if price keeps rallying, while also safeguarding your gains in case things go south. It’s like carrying an umbrella on a clear day—just in case the forecast decides to play a prank on you. The Forgotten Strategy That Outsmarted the Pros Here’s a little-known fact: Many pros have been known to avoid hedging because they see it as “too safe.” If you’re out to be edgy (pun intended) and live that “go big or go home” trading lifestyle, hedging might seem about as thrilling as buying insurance for your cat. But those who really understand Fibonacci extensions know there’s an opportunity here—the kind pros often overlook in their quest for bigger risks and potentially bigger rewards. Take the 127.2% Fibonacci extension level. Rather than just using it to set a profit target, savvy traders use this level to create a hedge on their existing position. Let’s say you’re trading GBP/USD and it hits the 127.2% level. You could place a hedge sell position while keeping your original long position open, allowing you to profit regardless of whether the market pushes through the extension or pulls back. It’s not glamorous, but it’s a strategy that outsmarts those who rely purely on bravado. How to Stay on Top of Your Game (Without Losing Your Mind) So, you’ve decided to add Fibonacci extensions to your hedging arsenal—congrats! You’re halfway to trading like a ninja. But here’s the part most traders miss: keeping track of all these moving parts without pulling their hair out. Don’t worry, I’ve got a funny little secret for you. Remember how people say the best way to tackle stress is by planning ahead? Well, in Forex, planning ahead also means giving yourself an escape route—and that’s where hedging comes in. Setting hedges at key Fibonacci levels means you’re building multiple exits into your trade, each one like a little emergency door on an airplane. You’re prepared if things go south, and honestly, that’s how you stay sane in the wild rollercoaster of Forex trading. Because nothing feels worse than watching a market move plummet while all you can do is whisper “please stop” at your screen. With a hedge in place, you’re not whispering—you’re controlling. The One Simple Trick That Can Change Your Trading Mindset If you take just one thing from this entire article, it should be this: Hedging at Fibonacci extensions is not about avoiding risk, it’s about smart risk allocation. Think of it like a reality TV cooking competition. You’re hedging because you know the judges (a.k.a. the market) can be fickle. The key ingredient here is preparation—hedging means you’re ready for whatever critique comes your way, whether it’s a “perfectly balanced” reaction or an “over-salted” market move. The beauty of Fibonacci extensions is that they’re already guiding you on where price may reverse. Add a hedge at these points and suddenly, you’re not just guessing—you’re strategically positioning yourself for whatever comes next. And let’s be real, isn’t that the type of trading ninja we all want to be? Summing It Up: Elite Tactics for Mastering Fibonacci Extensions and Hedging To wrap things up, here’s what we’ve learned about using Fibonacci extensions in hedging: - Think of Fibonacci extensions as more than profit targets: They’re also key levels where price may change direction. Adding a hedge here means you can keep riding the trend, or profit from a reversal. - Don’t be scared of hedging: Sure, it’s seen as “safe,” but the pros often ignore it because they underestimate its potential. Using Fibonacci extensions in hedging is an opportunity that goes beyond basic risk management—it’s about amplifying opportunities. - Prepare for market reversals: Using hedging with Fibonacci levels is like having an umbrella in your back pocket. The sky may be blue, but that doesn’t mean it won’t rain—and you’ll be the only one not getting soaked. So there you have it: insider tips on how to masterfully combine Fibonacci extensions with hedging to safeguard your positions, capture profits, and feel like a true Forex ninja. Now, if you’ll excuse me, I’m off to buy an umbrella, because just like in trading, you never know when the next plot twist will happen. —————– Image Credits: Cover image at the top is AI-generated Read the full article