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Currency Exchange Dealers: Tips for Optimal Selection
Currency exchange is a critical aspect of international travel and trading, where choosing the right dealer can significantly impact your financial transactions. The selection of a currency exchange dealer is vital due to potential risks, such as unfavorable exchange rates, high fees, and security concerns. Funded Traders Global offers valuable guidance in finding the best dealer for your currency exchange needs. They emphasize the importance of research and preparation to save money and avoid hidden surprises, trustworthy reviews, recommendations, and verifying dealer credentials. The article also provides practical tips for comparing exchange rates, understanding fees, considering convenience, and ensuring security. Funded Traders Global empowers you to make informed decisions, equipping you to navigate the world of currency exchange with learn more...
#micro macro and mini trading#ftg#forex trading#risk management#trading potential#funded traders global#Forex trading#financial freedom#online funded trading#FTG Trading#career in forex trading#prop trading strategies#mastering forex trading#chart patterns#what is scalping#drawdown#what is a trailing drawdown#how to scale into forex trade#micro#macro#and mini trading#ftg prop firm#Online trading#Traders Leverage funding#ftg funded trading platforms#scalper tool#funded trading platforms.
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How about the LED screen splicing screen market
Influenced by global macro economic factors, Sino US trade war, low peak season and other factors, the LED display industry has entered a white hot stage. The major LED display manufacturers are also affected by factors such as rising labor costs and land use costs, resulting in increasingly difficult enterprise development. Fortunately, the overall scale of China's commercial display market increased slightly in the first half of 2019 due to the impact of the overall macroeconomic and investment environment. It can be said that the market demand of LED screen industry has risen steadily. What is the difference between LED display screen and splicing screen?
According to relevant data, the commercial display market in Chinese Mainland reached 31.68 billion yuan in H1 2019, up 3.7% year on year. The market size of China's large screen splicing market, including DLP, LCD and small pitch LED displays, reached 7.41 billion yuan, up 23.7% year on year. It can be said that DLP, LCD and small pitch LED displays have gradually formed a tripartite confrontation. However, because small pitch itself has the characteristics of seamless splicing, high contrast, wide viewing angle, high brightness, high-definition and delicate picture quality, it has a great advantage in security, monitoring and high-end commercial display fields.
LED screens occupy 57% of the market share in the Chinese market, while China's large screen splicing market occupies 61% of the global market share. With the increasing competitive pressure in China's large screen splicing market, LCD, DLP and small pitch LED display screens in China's splicing market are in a tripartite confrontation. However, these three splicing screens have their own advantages. For example, LCD mainly seizes the civil market, small size display market and low price market, while DLP faces cost and external pressure. However, the development of small pitch LED displays is on the rise, not only occupying the high-end commercial display field, but also constantly occupying the low-end market. At present, the small pitch LED continues to squeeze the market space of LCD and DLP, and the small pitch LED is a relatively stable and comprehensive development trend, and the popularization speed is getting faster and faster.
At present, the small pitch LED display screen with a point spacing of 1.2mm-1.5mm has become the mainstream product in the market. With the micro pitch P0. X developed by LED display screen manufacturers, mass production can be achieved. The prices of P1.8 and P2 are close to those of LED indoor display screens. These prices are within the acceptable range of third and fourth tier cities and become the main economic source of LED display screen manufacturers. In addition, the four in one Mini LED and COB small pitch LED display developed by LED display manufacturers have also achieved mass production, and have been widely used in the market. At the same time, the supply has been increased step by step, the product quality has been further improved, and the market awareness has also been greatly improved. In addition, COB and Mini LED will seize the DLP and LCD market resources in the next step, becoming the main sharp tools in the large screen splicing market. Further stimulating internal and external competition in the industry is conducive to maintaining the healthy and orderly development of the entire industry.
Of course, the high-end display market should not only look at the product performance of small and medium pitch LED displays, but also look at the brand strength, technology, service level and other comprehensive service capabilities of LED display manufacturers. With the rapid development of big data information, large screen splicing products not only display information, but also efficiently collect, sort out and analyze overseas data information, and then present the analysis structure on the big screen to help staff improve management decisions. Therefore, in addition to integrating more intelligent design in technology, the future small pitch LED display screen also needs to continuously improve the screen resolution and reduce the dot spacing.
As far as the traditional LED screen is concerned, the transition is from monochrome and bicolor to full-color, and then from LED outdoor display to LED indoor display. The point spacing is also gradually developing from 30mm to small spacing. The smaller the space is, the higher the image quality is, and the closer the viewing distance is, so the higher the market demand is. However, with the continuous upgrading of user needs, people are no longer limited to the product needs of traditional large space to small space, but pay more attention to the comprehensive service capabilities of products.
Large screen splicing screen is an application field in essence, not a technical field. Therefore, LED display manufacturers should step out of the display to see the display, and constantly improve the comprehensive service level. They can expand the product layout according to customer resource advantages, so as to better improve the product indicators and services. For example, for many security enterprises, they not only focus on product solutions, but also consider the comprehensive display service level of LCD, DLP and small spacing. Based on these data comparisons, they can choose which type of products to buy.
For any industry, the rule of the market is the survival of the fittest, and the market demand for large screen splicing will continue to rise in the future. In order to alleviate the situation that the market demand of the entire LED display industry is close to saturation and the peak season is not prosperous, more and more LED display enterprises have joined the market competition in a small space. In the long run, enterprises that can persist in innovation, technological innovation and continuous improvement of products can seize more resources in the large screen splicing market.
In a word, the market demand for LED screen splicing screen has risen steadily. Influenced by factors such as the near saturation of Chinese market demand, low peak season and Sino US trade war, the development of Chinese LED screen enterprises is becoming increasingly difficult. However, the overall scale of China's commercial display market has achieved a small growth, which brings new hope to large screen splicing enterprises. Therefore, the competition among DLP, LCD and small pitch LED displays has gradually formed a tripartite confrontation. In the future, whoever can persist in innovation, technological innovation and product improvement will have the right to speak.
Thank you for watching. I hope we can solve your problems. Sostron is a professional LED display manufacturer. We provide all kinds of displays, display leasing and display solutions around the world. If you want to know:Small pitch LED display is both an opportunity and a challenge. Please click read.
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Measures to Boost Economy – Part 1 | Announcements by Finance Ministry
The Indian Parliament had passed the Finance Act (No. 2), 2019 during July 2019. Being the first Budget presented by the Government after a sweeping majority in the recent elections to the Lower House of the Parliament, the focus was on stabilising the economy and undertaking structural macro-economic reforms to inter alia derive benefits from the demonetisation exercise conducted in November 2016 and the introduction of Goods and Services Tax in July 2017. The budget was also focussed on tax optimisation, increasing the tax base and focus on all-round sustainability.
Since the dawn of 2019, the global economy has been severely crippled by ongoing trade wars, economic sanctions, interest rate hikes, political uncertainties, natural calamities etc.
The impact of global factors coupled with the reduction in domestic consumption and tepid investments has led to panic calls across the Industry. Corporate earnings have witnessed reduced growth rates and the stock markets have dived. The panic started off with the automobile sector, which later on extended to FMCG, Banks, Financial Institutions, Engineering, Metals and other core sectors.
Co-incidentally, the growth rate of Gross Domestic Product (‘GDP’) of Indian economy for the period April 2019 to June 2019 has fallen to a 6 year low of 5% from a QoQ growth rate of 5.8% and a QoY growth rate of 8%.
In order to address the concerns raised by global as well as domestic investors and provide assurance to the Industry at large on the Government’s commitment to steering the economy to growth, the Hon’ble Finance Minister Smt. Nirmala Sitharaman (‘FM’) made an hour-long presentation on 23 August 2019, in what can be termed as a ‘mini-budget’ in itself. The FM made a corporate style presentation, listing down measures taken by the Government thus far announced and to be taken in the future. The announcements ranged from equity markets to auto sector to Micro, Small and Medium Enterprises (‘MSMEs’) and overall are focussed to help the economy overcome the impact of a global slowdown.
The Finance Minister has reiterated that the Government respects wealth creators and would undertake various reforms and simplification of laws by making life easy for Taxpayers. As already announced in the Budget, these measures would be announced soon.
In addition, the government has also announced various structural reforms, cross-sector co-ordination, simplification of processes, measures for expansion of credit and domestic demand, increased investments into capital markets etc.
The key announcements on various subjects are summarised below:
1. Income Tax Prefilling of IT returns
Pre-filled income tax returns expected to be a reality from 2020. The Central Board of Direct Taxes (‘CBDT’) is working on creating the necessary infrastructure. This facility is aimed at providing ease of tax filing and compliance process to the Taxpayers.
2. Corporate Law
3. Labour Law
4. Goods and Services Tax (‘GST’) Law
5. Measures in the Banking and NBFC Sectors
6. MSME Sector
7. Financial Markets
8. Infrastructure
9. Automotive Sector
All BS IV vehicles purchased till 31 March 2020 would remain operational for the entire period of registration.
The revision of one-time registration fees for vehicles is being deferred till June 2020.
Both Electric Vehicles (‘EVs’) and Intermediate commercial vehicle (‘ICVs’) would continue to be registered even after April 2020
The Government’s focus would be on setting up of infrastructure for development of automobile ancillaries/ components including batteries for export.
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Nourishing and Flourishing Neighborhoods
Lend your voice to Minneapolis’ revisioning plans for 2020
I didn’t know what would happen when I opened the coffee shop on the corner of 33rd & Lyndale North. At a minimum, I hoped to get away with being truly zero waste (different than zero waste to landfill) in a disposable-heavy coffee industry. A small retail location in a residential area seemed about the right size to try, and a year and a half later, it has proven doable and even given confidence in more ways than one.
My fingers were also crossed that people would gravitate and use the shop as a third space, and as has happened, being here has also been a way to see micro and macro level changes in the McKinley Community, nearby neighborhoods, and the governance landscape of Minneapolis overall. With a deadline of April 30th for public comment looming, this post is meant to encourage everyone to add their opinion about the structure of Neighborhood Associations. Please set aside a little time to email [email protected] soon, and feel free to use any content that you find helpful here…
Something that keeps coming up is the role that corner shops have in serving as neighborhood hubs – think mercantiles, general stores, Mr. Hooper, etc. Today, while many corner locations have become mini marts, others are stalwart in doing business not as grab ‘n go, but as enterprise with full service in mind -- places where trade or market demand is paired with natural talent and usefulness to community. Serendripity Spot is an example in that it has become the de facto community living room where people meet and greet one another, sip and sit for a while, eat made-to-order light bites from produce grown in the gardens out back, and find out what’s going on in the lives and doings of others. What happens here is personal and that is a good thing – everything here is made, grown, sewn, crafted, painted, written, donated, etc. by people you know.
Intentional organization like this is and has been happening on the Northside. Check out Houston White’s vision for a Webber-Camden hub recently featured in the Star Tribune, the Goddess of Glass in Victory (see p. 8 in the 3/29/18 issue of North News), Homewood Studios in Harrison, and of course, “the Corner Store Co-op” (Wirth) in Willard-Hay, just to name a few.
From “liquid networking” at our coffeehouse to barbershops and creative spaces, we hope the City will look at new ideas about how and where people naturally gather and get to know each other, become role models, and just hang out and belong. Social entrepreneurs are showing ways that look a lot different than community meetings focused on single issues or pet projects, and/or Associations made up of Board Members who tend to be the “über doers” in the neighborhood – which are standards that sometimes overshadow other kinds of leadership and participation.
Probably, the City needs some of both, so we urge you to point the City toward a design plan that blends some municipal standardization with flexibility to innovatively gather and create programs in ways unique and responsive to the community being served.
If you are interested in reviewing our talking points about Neighborhoods 2020, please click here.
And, as always, thanks for reading!
With peace, love, and togetherness from your corner shopkeeper,
Kelley
#corner stores#neighborhood hub#minneapolis2020#neighborhoodassociations#healthycommunity#cornershop
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Work Class ROVs Market Forecast By 2025: Andrews Survey, C-Innovation, DOF Subsea AS, Forum Energy Technologies
Research Reports Inc has released the latest report based on thorough research on Work Class ROVs Market This in-depth report discusses this industry’s market in forms of overview/definition, application, classification, predictions pertaining to value and volume, and future predictions. It also prominently attributes the current situation and outlooks with the industrial and financial aspects. Furthermore, it comprises of current events, latest market trends, schematic representation of the global companies with their prime developments, mergers & acquisitions, deals, and agreements, expansions and investments, etc. Additionally, it talks about the vital prospects such as market Restrains, growth drivers, challenges and potential opportunities that may affect the overall Work Class ROVs market.
To Grab the SAMPLE or PURCHASE the Full Report please click on the Link @ https://www.researchreportsinc.com/report-sample/92025
Work-class remotely operated vehicles (ROVs) are large enough unmanned underwater vehicles to carry additional sensors and/or manipulators. These vehicles commonly have a multiplexing capability that allows additional sensors and tools to operate without being ‘hard-wired’ through the umbilical system. These ROVs are generally larger and more powerful than observation mini ROVs. The evolution of ROV technology has resulted in the ever-growing application of work class ROVs in oil & gas industry, military/defense, scientific research and other sectors.
The report also covers the current competitive scenario and the predicted manufacture trend; and profiles global work class ROV vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global work class ROVs market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players:
Andrews Survey
C-Innovation
DOF Subsea AS
Forum Energy Technologies
Fugro Subsea Services Ltd
Hallin Marine Subsea International PLC
Helix Energy Solutions
i-Tech (Subsea 7)
Kystdesign AS
Oceaneering International, Inc.
Perry Slingsby Systems Limited
SAAB SEAEYE LTD.
Saipem (Sonsub)
Schilling Robotics, LLC
Soil Machine Dynamics Ltd (SMD)
This extensive professional market research report renders an in-depth study of this market’s industry along with growth prospects for the forecast period with exclusive focus on the size and characteristics of the market, major market manufacturers, present trends, growth forecasts, competitive landscape for the predicted frame of time coupled with market restrains and prime success. Besides, this exclusive report cloaks the global Work Class ROVs Market based on applications, regions, competitive landscape and products. The report enlists profiles of several companies of prime market players, market share, financial metrics, business strategies, and forecasts and predictions.
Based on industry vertical, the global work class ROV market is segmented into the following sub-markets with annual capex included for 2014-2025 (historical and forecast) for each section.
• Oil & Gas Industry
• Scientific Research
• Military & Defense
• Others
Based on capex source, the global market is analyzed on the following segments with annual capex in 2014-2025 provided for each segment.
• ROV New Builds
• ROV Operation & Service
Based on hardware component, the global work class ROV hardware market is divided and analyzed on the following segments in terms of capex for 2014-2025.
• Imaging System
• Sensors and Automation Systems
• Steering and Positioning
• Navigation System
• Energy and Propulsion
• Others
Based on vehicle type, the global work class ROV market is split and analyzed on the following sections in terms of annual capex and fleet in operation for 2014-2025.
• Light Work Class Vehicle
• Medium Work Class Vehicle
• Heavy Work Class Vehicle
Based on application, the global work-class ROV market is segmented into the following sub-markets with annual capex included for 2014-2025 (historical and forecast) for each section.
• Drilling Support
• Construction Support
• Inspection, Repair and Maintenance (IRM)
• Others
Based on the propulsion system, the global market is segmented into the following sections and analyzed in terms of annual capex and operational fleet for 2014-2025.
• Hydraulic system
• Electric system
• Others
Geographically, the following regions together with the listed national markets are fully investigated:
• APAC (China, Malaysia, Australia, India, and Rest of APAC)
• Europe (Norway, UK, Rest of Europe)
• North America (U.S. and Canada)
• Latin America (Argentina, Brazil, Mexico, Rest of Latin America)
• Africa (Nigeria, Angola)
• Middle East
The methodological analysis which is used to approximate and forecast the Work Class ROVs Market starts with gathering data on vital vendors with the help of secondary research through various trusted sources that include news articles, presentations, journals, and paid databases. In addition, information that the vendors provide is also taken into consideration to analyze the segmentation of the market.
The Work Class ROVs Market report wraps:
Industry summary with market definition, key elements such as market restrains, drivers, potential opportunities, challenges, trends in the market, etc.
Market sectioning depending on product, application, geographical region, competitive market share
Market size, approximates, forecasts for the said frame of time
Distribution channel assessment
Competitive analysis of crucial market manufacturers, trends, company profiles, strategies, etc.
Factors accountable for the growth of the market
A thorough assessment of prime market geographically
Factual information, insights, market date backed by statistics and industry
Detailed TOC and Charts & Tables of Work Class ROVs Market Research Report available @ https://www.researchreportsinc.com/reports/global-work-class-rovs-market-2017-2025-by-industry-vertical-application-hardware-component-vehicle-type-propulsion-system-and-region
The report is worth a buy because:
This report on Work Class ROVs Market assists in analyzing the condition and situation of the market in primary regions of the world. Apart from rendering an overview of product manufacturing processes, the research report also renders an impeded strategy of the industry, the latest technological developments, cost structures, product specifications, etc. Future predictions based on the development of this industry are also covered. The report also reviews micro and macro factors vital for the new entrants along with the current market players.
Major Points From TOC:
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Data Analysis
3.2.3 Data Validation
3.3 Research Sources
3.3.1 Primary Sources
3.3.2 Secondary Sources
3.3.3 Assumptions
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Work Class ROVs Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Work Class ROVs by Region
8.2 Import of Work Class ROVs by Region
8.3 Balance of Trade
…
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Bitcoin and Crypto Markets Form Fresh Trading Ranges Following Recent Plunge
This post was originally published here
Following the cryptocurrency market’s recent plunge that occurred when Bitcoin failed to stabilize above the $4,000 price level, the crypto markets have seen further instability, with many altcoins continuing to drop today.
Now, the markets, and Bitcoin in particular, appear to be forming fresh trading ranges that could be highly profitable for risk tolerant traders who play them correctly.
Macro: Bitcoin Likely to Range Between $3,000 and $5,000
Last weekend, Bitcoin’s price rapidly shot to $4,000, a price level that acted as support for several days before the bulls lost their strength and bears pushed the markets back down towards their current levels.
Although at the time $4,000 appeared to be an important price level for the cryptocurrency, one prominent analyst dismissed this notion and claimed that Bitcoin is actually caught in a wide trading range between $3,000 and $5,000, with both prices acting as important support and resistance levels.
“Even though $4,000 is a nice round number it doesn’t necessarily represent any sort of significant psychological level. If we zoom out…we can see that the overall range that we’re in is from $3,000 to $5,000 per coin,” Mati Greenspan, the senior market analyst at eToro, explained in a market update earlier this week.
The latest drop appears to support this theory, and Bitcoin has respected the low-$3,000 price region as a level of support so far.
Vinny Lingham, the CEO of the blockchain identity platform Civic, recently shared a similar sentiment regarding Bitcoin’s potential trading range in an interview with Cheddar, noting that the crypto will likely range between $3,000 and $5,000 before either breaking out or breaking down.
“The reality is it’ll probably trade sideways between $3,000 and $5,000 for another month or two while it’s trying to find which way to go… When it finds that direction, there’ll be a breakout or a breakdown,” Lingham explained.
Micro: Bitcoin Likely to Range Between $3,550 and $4,200
While looking at Bitcoin’s price action on a smaller time frame, Greenspan believes that Bitcoin is caught in a smaller trading range between $3,550 and $4,200 within the aforementioned larger one.
He discussed this range in today’s market update, saying:
“As we’ve been discussing since mid-November, the current range is from $3,000 to $5,000… It seems now, that bitcoin has opened a new mini-range within that from $3,550 to approximately $4,200… Movements within a range can sometimes be sudden like we saw yesterday, but unless there’s a breakout of the key levels there really isn’t much to write home about.”
He also noted that there was nothing fundamental or technical behind the market’s recent drop, except for a possible lack of liquidity which makes Bitcoin’s price vulnerable to large price swings.
“As we discussed in yesterday’s update, there appear to be no specific reasons for this drop and it’s more likely due to the lack of liquidity inherent in the crypto markets, possibly mixed with some large orders being placed on exchanges,” he said.
–AltcoinToday.com
Photo via Shutterstock.
Source: Newsbtc
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Bitcoin and Crypto Markets Form Fresh Trading Ranges Following Recent Plunge
Following the cryptocurrency market’s recent plunge that occurred when Bitcoin failed to stabilize above the $4,000 price level, the crypto markets have seen further instability, with many altcoins continuing to drop today.
Now, the markets, and Bitcoin in particular, appear to be forming fresh trading ranges that could be highly profitable for risk tolerant traders who play them correctly.
Macro: Bitcoin Likely to Range Between $3,000 and $5,000
Last weekend, Bitcoin’s price rapidly shot to $4,000, a price level that acted as support for several days before the bulls lost their strength and bears pushed the markets back down towards their current levels.
Although at the time $4,000 appeared to be an important price level for the cryptocurrency, one prominent analyst dismissed this notion and claimed that Bitcoin is actually caught in a wide trading range between $3,000 and $5,000, with both prices acting as important support and resistance levels.
“Even though $4,000 is a nice round number it doesn’t necessarily represent any sort of significant psychological level. If we zoom out…we can see that the overall range that we’re in is from $3,000 to $5,000 per coin,” Mati Greenspan, the senior market analyst at eToro, explained in a market update earlier this week.
The latest drop appears to support this theory, and Bitcoin has respected the low-$3,000 price region as a level of support so far.
Vinny Lingham, the CEO of the blockchain identity platform Civic, recently shared a similar sentiment regarding Bitcoin’s potential trading range in an interview with Cheddar, noting that the crypto will likely range between $3,000 and $5,000 before either breaking out or breaking down.
“The reality is it’ll probably trade sideways between $3,000 and $5,000 for another month or two while it’s trying to find which way to go… When it finds that direction, there’ll be a breakout or a breakdown,” Lingham explained.
Micro: Bitcoin Likely to Range Between $3,550 and $4,200
While looking at Bitcoin’s price action on a smaller time frame, Greenspan believes that Bitcoin is caught in a smaller trading range between $3,550 and $4,200 within the aforementioned larger one.
He discussed this range in today’s market update, saying:
“As we’ve been discussing since mid-November, the current range is from $3,000 to $5,000… It seems now, that bitcoin has opened a new mini-range within that from $3,550 to approximately $4,200… Movements within a range can sometimes be sudden like we saw yesterday, but unless there’s a breakout of the key levels there really isn’t much to write home about.”
He also noted that there was nothing fundamental or technical behind the market’s recent drop, except for a possible lack of liquidity which makes Bitcoin’s price vulnerable to large price swings.
“As we discussed in yesterday’s update, there appear to be no specific reasons for this drop and it’s more likely due to the lack of liquidity inherent in the crypto markets, possibly mixed with some large orders being placed on exchanges,” he said.
Featured image from Shutterstock.
The post Bitcoin and Crypto Markets Form Fresh Trading Ranges Following Recent Plunge appeared first on NewsBTC.
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2023 and Beyond: Exploring the 6 Latest Trends in Forex Trading Strategies
Forex trading is a dynamic world where traders strategize to navigate the global currency exchange market. This blog explores the importance of Forex trading strategies, the latest trends, and key factors for success. Forex trading strategies are essential for risk management, objective decision-making, consistency, and profit maximization. The latest trends include trend-following, breakout, retracement, support and resistance, news trading, and algorithmic strategies. Choosing the right strategy involves considering risk tolerance, time horizon, market conditions, analysis methods, knowledge, and risk-reward ratios. Traders can backtest and optimize their strategies with historical data and simulation. The blog also emphasizes the risks in Forex trading, such as market volatility and leverage, and provides risk management tips, like using stop-loss orders and diversification. Funded Traders Global is highlighted as a valuable resource for traders seeking knowledge, skills, and support. In conclusion, Forex trading is a strategic journey, and a strong support system is crucial for success in this vast world of currency exchange. Funded Traders Global offers the necessary tools and community to empower traders on their trading adventure.
#6 Latest Trends in Forex Trading#Forex Trading Strategies in 2023#Forex trading#financial freedom#online funded trading#FTG Trading#career in forex trading#prop trading strategies#mastering forex trading chart patterns#what is scalping#drawdown#what is a trailing drawdown#how to scale into forex trade#micro#macro#and mini trading#FTG prop firm#Online trading#Traders#Leverage funding#FTG#funded trading platforms#scalper tool#funded trading platforms.
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Bitcoin and Crypto Markets Form Fresh Trading Ranges Following Recent Plunge
Following the cryptocurrency market’s recent plunge that occurred when Bitcoin failed to stabilize above the $4,000 price level, the crypto markets have seen further instability, with many altcoins continuing to drop today.
Now, the markets, and Bitcoin in particular, appear to be forming fresh trading ranges that could be highly profitable for risk tolerant traders who play them correctly.
Macro: Bitcoin Likely to Range Between $3,000 and $5,000
Last weekend, Bitcoin’s price rapidly shot to $4,000, a price level that acted as support for several days before the bulls lost their strength and bears pushed the markets back down towards their current levels.
Although at the time $4,000 appeared to be an important price level for the cryptocurrency, one prominent analyst dismissed this notion and claimed that Bitcoin is actually caught in a wide trading range between $3,000 and $5,000, with both prices acting as important support and resistance levels.
“Even though $4,000 is a nice round number it doesn’t necessarily represent any sort of significant psychological level. If we zoom out…we can see that the overall range that we’re in is from $3,000 to $5,000 per coin,” Mati Greenspan, the senior market analyst at eToro, explained in a market update earlier this week.
The latest drop appears to support this theory, and Bitcoin has respected the low-$3,000 price region as a level of support so far.
Vinny Lingham, the CEO of the blockchain identity platform Civic, recently shared a similar sentiment regarding Bitcoin’s potential trading range in an interview with Cheddar, noting that the crypto will likely range between $3,000 and $5,000 before either breaking out or breaking down.
“The reality is it’ll probably trade sideways between $3,000 and $5,000 for another month or two while it’s trying to find which way to go… When it finds that direction, there’ll be a breakout or a breakdown,” Lingham explained.
Micro: Bitcoin Likely to Range Between $3,550 and $4,200
While looking at Bitcoin’s price action on a smaller time frame, Greenspan believes that Bitcoin is caught in a smaller trading range between $3,550 and $4,200 within the aforementioned larger one.
He discussed this range in today’s market update, saying:
“As we’ve been discussing since mid-November, the current range is from $3,000 to $5,000… It seems now, that bitcoin has opened a new mini-range within that from $3,550 to approximately $4,200… Movements within a range can sometimes be sudden like we saw yesterday, but unless there’s a breakout of the key levels there really isn’t much to write home about.”
He also noted that there was nothing fundamental or technical behind the market’s recent drop, except for a possible lack of liquidity which makes Bitcoin’s price vulnerable to large price swings.
“As we discussed in yesterday’s update, there appear to be no specific reasons for this drop and it’s more likely due to the lack of liquidity inherent in the crypto markets, possibly mixed with some large orders being placed on exchanges,” he said.
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Bitcoin and Crypto Markets Form Fresh Trading Ranges Following Recent Plunge
Following the cryptocurrency market’s recent plunge that occurred when Bitcoin failed to stabilize above the $4,000 price level, the crypto markets have seen further instability, with many altcoins continuing to drop today.
Now, the markets, and Bitcoin in particular, appear to be forming fresh trading ranges that could be highly profitable for risk tolerant traders who play them correctly.
Macro: Bitcoin Likely to Range Between $3,000 and $5,000
Last weekend, Bitcoin’s price rapidly shot to $4,000, a price level that acted as support for several days before the bulls lost their strength and bears pushed the markets back down towards their current levels.
Although at the time $4,000 appeared to be an important price level for the cryptocurrency, one prominent analyst dismissed this notion and claimed that Bitcoin is actually caught in a wide trading range between $3,000 and $5,000, with both prices acting as important support and resistance levels.
“Even though $4,000 is a nice round number it doesn’t necessarily represent any sort of significant psychological level. If we zoom out…we can see that the overall range that we’re in is from $3,000 to $5,000 per coin,” Mati Greenspan, the senior market analyst at eToro, explained in a market update earlier this week.
The latest drop appears to support this theory, and Bitcoin has respected the low-$3,000 price region as a level of support so far.
Vinny Lingham, the CEO of the blockchain identity platform Civic, recently shared a similar sentiment regarding Bitcoin’s potential trading range in an interview with Cheddar, noting that the crypto will likely range between $3,000 and $5,000 before either breaking out or breaking down.
“The reality is it’ll probably trade sideways between $3,000 and $5,000 for another month or two while it’s trying to find which way to go… When it finds that direction, there’ll be a breakout or a breakdown,” Lingham explained.
Micro: Bitcoin Likely to Range Between $3,550 and $4,200
While looking at Bitcoin’s price action on a smaller time frame, Greenspan believes that Bitcoin is caught in a smaller trading range between $3,550 and $4,200 within the aforementioned larger one.
He discussed this range in today’s market update, saying:
“As we’ve been discussing since mid-November, the current range is from $3,000 to $5,000… It seems now, that bitcoin has opened a new mini-range within that from $3,550 to approximately $4,200… Movements within a range can sometimes be sudden like we saw yesterday, but unless there’s a breakout of the key levels there really isn’t much to write home about.”
He also noted that there was nothing fundamental or technical behind the market’s recent drop, except for a possible lack of liquidity which makes Bitcoin’s price vulnerable to large price swings.
“As we discussed in yesterday’s update, there appear to be no specific reasons for this drop and it’s more likely due to the lack of liquidity inherent in the crypto markets, possibly mixed with some large orders being placed on exchanges,” he said.
Featured image from Shutterstock.
The post Bitcoin and Crypto Markets Form Fresh Trading Ranges Following Recent Plunge appeared first on NewsBTC.
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Book Review: Colombia Es Pasión
“Colombia Es Pasión” by Matt Rendell
A biography of several Colombian cyclists as well as the story of modern Colombian cycling and Colombia itself, this book will enrich your understanding of many of today’s top riders and how they got to where they are today.
Rendell wrote “Kings of the Mountains” in 2003 which explains more of Colombia’s early cycling history, that is if you can get your hands on it, as it is out of print and scarce second-hand copies trade at a premium. Now “Colombia Es Pasión” is the story of today’s generation, a biography of contemporary Colombian riders plus Richard Carapaz, the Ecuadorian who was raised on the porous border and did much of his early racing in Colombia.
Did you know Miguel Angel Lopez is nicknamed “Superman” because he fought off attackers who tried to steal his bike? That Esteban Chaves had a near-miraculous recovery from crash injuries? That Rigoberto Uran’s father was murdered? That Nairo Quintana campaigns on rural rights? That Alvaro Hodeg’s surname should be Hodge as he’s descended from a Scotsman? That Egan Bernal started out mountain biking? If you didn’t, then this book will tell you these stories and plenty more. If you did, this book will give you all the detail. Take the example of Lopez, the book explains he was on his mountain bike to buy credit for his phone when two men set on him and he fought them off, it then tells how he struggled to get medical attention for the knife wound, going from clinic to hospital until one finally took him in and in this tale we have part of Lopez’s legend but also a story of Colombia from bandits trying to rob a child’s bike to to weak healthcare, the micro and macro. Such detail evokes Rendell’s “The Death of Marco Pantani” but that was forensic like a post mortem, in “Colombia Es Pasión” the detail just enriches the story and signals the author has done their research on the ground rather than recycle press cuttings into book.
Several themes run throughout. A chapter about a rider often cites the family finca and what they grow (sugar cane, maize for the machete-wielding Dani Martinez; potatoes, onions, sweetcorn, peas, beans, fava and haricot for Miguel Angel Lopez; maize, beans, potatoes, carrots, cabbage, wheat and barley for Darwin Atapuma’s family, maize, potatoes, beams, peas, tamarillo and arracacha for Fernando Gaviria’s grandfather) but it’s rarely bucolic, volatile crop prices can be ruinous while rebels and paramilitaries are a regular threat to livelihoods and life.
Ethnicity and skin tone are referenced, outwardly we see riders under the Colombian flag, sometimes we know riders come from rival regions like Boyaca or Antioquia but they’re not homogeneous, Quintana’s mother is a muysca, an indigenous people, Atapuma is a proud pasto. Alvaro Hodeg Chagui is descended from Scottish and Syrian ancestors.
It’s become common to think Colombia confers advantage on its cyclists thanks to the effects of high altitude but read this and it’s a constant story of disadvantage. Many of today’s stars start racing on old bikes, there’s no vintage charm, just heavy iron and many struggled for cycling kit. Darwin Atapuma has to decide between his cow and a new bike, a modern version of Jack and the Bean Stalk:
Darwin has a cow and weaning calf at the finca… But Darwin faces a dilemma. He needs light, modern racing bike. Without it, his chances of winning the 2004 Vuelta del Porvenir, the national stage race for seventeen- and eighteen-year-olds, will be slim. But if he sells his cow, he disposes of his only source of income.
Egan Bernal’s parents flee a violent, impoverished barrio for another where “the roads were still unpaved, and their house lacked a roof and floors, but the move represented a small but significant step up”. Rigoberto Uran’s father is murdered and he becomes the family breadwinner as a teenager, a brutal case but several other star riders spend their early years toiling on farms or starting work before dawn loading trucks with produce before school. What’s startling is how recent much of this is, the rider you saw in team kit on a €10,000 bike last year may well have been picking strawberries for €1.50 a day a few years before.
As Rendell explains the concepts of childhood and adolescence are vague in Colombia. Riders and their families are often campesinos, peasants. The word shares its linguistic roots with campeón, champion. The resilience needed to cope with this difficulty perhaps explains the popularity of cycling in Colombia, the hours of outdoor work, the patience. It certainly gives many of these Colombian cyclists a sense of perspective and Nairo Quintana’s journey from Cómbita to Monaco is measured in more than the circumference of 9,000km.
There’s an element of survivor bias here. The stars we see atop podiums obscure the plenty who didn’t make it, perhaps equally talented but their bikes broke, they crashed, or traffic accidents took their toll and most often they and their entourage could never raise the pesos needed to travel to a race. Here Colombia’s cycling federation doesn’t come out of the book well, far from Quintana or Bernal being the peak of a broad pyramid, they seem to resemble the angel atop a drooping, barren Christmas tree. Escaping Colombia sounds essential, as to stay is to risk falling into the seemingly rampant domestic doping scene where testing is rare, Oscar Sevilla keeps winning, and according to one claim in the book positive tests could be suppressed for a cash payment. If riders have made it to the top it’s often despite the formal institutions. When President Santos congratulated Colombian riders for their display in the 2016 Tour de France, Winner Anacona replied they did it with little help from others:
volveremos por+,porq nos hemos hecho SOLOS en este bonito y duro deport con la ayuda de pocos.
— Winner Anacona (@wian88) July 23, 2016
Rendell is an evangelist for Colombia. A background story is Colombia’s path towards peace and prosperity, it’s gone from a place to be avoided to one where you might like to ride. There’s affection to the riders, they’re referred to by their first names and especially “Nairo” can do no wrong, the controversy over his Giro-winning move over the snowy Stelvio in 2014 is down to confusion by the race organisers and whipped up by rival teams; his stale period of late at Movistar as if he had no power in picking his race programme but read and you’ll be sympathetic to him, even the section of the crowd that accuses him of being passive in races might warm to him given the obstacles he’s overcome.
Being greedy you’re left wanting even more, for example to learn more about how Colombians follow cycling in the media and what place cycle sport holds in the country today, do people still listen to radio broadcasts while toiling in the fields or do they “consume” cycling via Rigoberto Uran’s Instagram feed? Or are there two very different classes now? This change is touched on at the end as brands stake out the climb of Las Palmas during the Tour Colombia.
Colombia Es Pasión was marketing slogan created to brand Colombian exports and you wonder if the book title is right, does “passion” match the story of riders escaping a weary, insecure land? Perhaps it’s the writer’s passion? Then you think of all the volunteers, the people running clubs in their spare time, the coaches paid a pittance to keep kids busy and here’s the passion, this quiet network that has helped export these riders and create mini-ambassadors to promote Colombia. Luis Saldarriaga stands out, the book reads like a tribute to him.
The Verdict Enjoyable, authentic and thorough, “Colombia Es Pasión” tells the story of several Colombian cyclists, of modern Colombian cycling and through them, the recent story of a nation.
Sometimes the publishing industry can work backwards, “Va Va Froome” felt pumped out in time for Chris Froome’s first Tour win and other books feel timed to meet forecast demand for themes and anniversaries but Colombia Es Pasión doesn’t feel like a reaction to the rise of Egan Bernal, Nairo Quintana or Fernando Gaviria, it’s more a labour of love and much the better for it. It’s an easy read, the biographies of each rider each tell interweaving stories and bring some pace to the book, prior cycling knowledge helps but it doesn’t get bogged down on background politics and conflicts which are probably not what the cycling audience came for. It retails for £20 in the UK, pricey, but worth reading for all the insight it contains, it’s a volume of several biographies that will give a deeper appreciation of today’s Colombian cyclists and their journeys.
Colombia Es Pasión is published by Weidenfeld & Nicolson/Orion and available in hardback, electronic and audiobook versions
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Trump on government shutdown: What if he means it this time?
Donald Trump has been threatening to shut down the U.S. government if he doesn’t get what he wants. In a series of tweets over the past few days, as well as in a news conference alongside Italy’s recently minted nationalist prime minister, Giuseppe Conte — no doubt a sympathetic ear — the President has been pushing Congress to address “border security” as it approaches an October deadline for fiscal spending. And by “border security,” he mostly means funding construction of that big, beautiful wall along the U.S.-Mexico divide to keep illegal migrants out. If he doesn’t get it, well, he won’t approve the spending bill, effectively shutting down the government.
Or at least that’s the threat, which might seem a little weird coming from a man whose job description is basically “chief executive of the federal government.” But this is Donald Trump we’re talking about. Confrontationalism seems the general opening approach, whether the matter-at-hand is trade negotiations with long-time allies or influencing congressional budget legislation.
So how seriously should anyone take this particular threat?
Certainly, markets seem to be shrugging it off: The S&P 500 ended July undeterred, recording its fourth-straight monthly gain. That’s despite the fact that a shutdown looks like a pretty big deal — the federal government accounts for almost 20 per cent of U.S. GDP, and a chunk of that might evaporate, at least for a time. The odds of a congressional capitulation don’t look great, either, as even the Republican-controlled Congress doesn’t have much appetite for spending tens of billions on Trump’s wall, which is unpopular among Americans in general and among those in several border states in particular. So why aren’t investors freaking out about the potential economic impact?
Well, the prevailing wisdom seems to hold that either Trump doesn’t really mean it and won’t go through with the shutdown, or, if he does goes through with it, it won’t be that bad.
Those making the case for “he doesn’t really mean it” (a group that reportedly includes several congressional Republicans) argue that Trump is merely shoring up support in advance of the midterms by playing up to his base, which apparently likes tough-on-illegals talk and doesn’t have much allegiance to Congress-folk, Republican or Democrat, anyway. Another take is that he’s only trying to deflect attention away from the just-started trial of former of campaign chair Paul Manafort, or from the lingering controversy over his bromantic Vladimir Putin meeting last month, or from the Michael Cohen allegations, or from – well, you name it. In short, the shutdown threat could be a negotiating tactic, or an exercise in distraction, or both.
But what if he means it? Last year about this time, Trump was beating the same shutdown drum over immigration policy and border security funding, and the ensuing congressional dust-up carried over into the next year. Without a spending agreement, the government actually did shut down in January — but only for three days, and over the weekend. The impact on the U.S. economy, if there was any, was trivial. Another mini-shutdown occurred a couple weeks later, and it lasted just a few hours. So, like, who cares?
Of course, another shutdown could last more than a few hours or days, and then a lot of people will care. But maybe not that much. Part of the reason is that when the U.S. government shuts down, it doesn’t do so completely. A host of government agencies, from the Armed Forces to Customs and Border Protection, are deemed essential and keep on running (even though, historically, many employees have to do so without getting paid for a while). The last time there was a significant impact was in 2013, when the confrontation over Obamacare led to a 16-day government shutdown that cost the U.S. economy an estimated 120,000 private-sector jobs and trimmed 0.2 per cent to 0.6 per cent off GDP growth. Once it was over, though, the economy pretty much got back on track, without any lasting damage, at least on the macro level.
On the micro level, however, the impact of a U.S. government shutdown might be more serious. For instance, an extended shutdown could be a major pain for exporters and importers, including Canadians. That’s because the numerous U.S. government agencies involved in trade would be scaled back or shut down. Getting permits or other paperwork from, for example, the U.S. Food and Drug Administration, the Environmental Protection Agency, or the department of agriculture would take longer, if it happened at all. And even though customs officers would remain on the job, they wouldn’t be getting paid, so anyone moving themselves or their goods across the border can expect a more leisurely pace of service.
In short, a government shutdown would throw sand into the wheels of commerce, and that’s not a good thing. But it would hardly be the apocalypse, at least if history is any guide. In fact, if Trump really wanted to hold Congress and the U.S. economy hostage to pay for his wall, he could get even more extreme. For instance, he could threaten not to agree to raise the ceiling on U.S. government debt when the current limit expires next March. With the U.S. deficit on track to balloon over the next few years thanks to Trump’s tax-cut package, that would throw markets into turmoil and could be a much bigger deal to the economy.
Not, of course, to give him any ideas…
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Travel Photography Tips: Trade Your DSLR for an iPhone Camera
Packing light when traveling makes a world of difference on the road. Less stuff means less stress, and why worry about lugging heavy bags around when you can do without? Capturing memories from your adventures can be fun and challenging, but carrying a cumbersome DSLR can seriously dampen your experience. Lucky for us, every current version of iPhone available can capture high-quality photos that compete with pro-level cameras. It’s absolutely untrue that you need training and expensive equipment to take quality photos. Here are a few tips to transform your travel pictures without adding more heavy gear to your bag. Get Inspired Following professional travel photographers and influencers on social media platforms is a fantastic way to get inspired for your own adventures. Get ideas on perspective, editing, and composition without having to take a single class. Search for photographers on Instagram through the Discovery page and check out different hashtags related to where you’re traveling. Instagram shows the photos with the most likes first, giving you the best shots without having to sort through thousands of other people’s photos. Essential Hardware Enhancing the basic features of your camera phone is easy with an iPhone camera lens. Look for lenses that are shockproof, drop proof, and waterproof. Easy enough to throw into your bag without taking up much space or adding weight, attachable camera lenses enhance photos to a DSLR level without the expensive gear. Having macro and micro lenses on hand gives you increased opportunities for photo perspective and higher quality. Check that they’ll fit with your iPhone case, which should be shatterproof and waterproof for even the toughest adventures. Soft Editing Less is more when it comes to clean and expert editing. You don’t need tons of filters or weird colors, which often distort the photo's composition and cause viewers to focus on the filter rather than the subject. Your final look should capture the rich colors and defining contrast of whatever you captured. Adjust the contrast and exposure to start. Then slightly increase the saturation to mimic whatever you were trying to capture with your iPhone. Use a filter to enhance natural colors and lighting without being distracting or obnoxious. Sometimes all you need is to adjust the contrast and saturation, and your photo looks just like the original colors. Perspective If you’re traveling to a place with a famous landmark, natural or manmade, you’ve probably seen dozens if not hundreds of photos of it. In fact, it might have been a photo that made you want to visit. While it can be fun to take your own picture that mimics a classic setup, like Machu Picchu or the Eiffel Tower, changing the photo perspective makes yours unique. Look around you to see how other people are taking photos of the landmark or landscape. Then, walk around to look at it from a different angle. Use the rule of thirds and engage the imposed grid on your iPhone camera. If it’s not already on your camera view, go to the iPhone Settings Camera menu and turn on the Grid. Capturing moments from your trips can help you remember your adventures and also let you experiment with photography. Utilize your iPhone to take pro-level photos with an attachable iPhone camera lens and some realistic editing. Hitcase makes it easy to take impressive photos using only an iPhone with their mini-lenses and tough cases. Up your photography game and capture quality photos on your next adventure. About Hitcase Hitcase offers a selection of durable iPhone cases and iPhone camera lens options that allow users to take stunning pictures wherever they are in the world. The company’s innovative, top- quality products help get people ready for adventure. For more information, visit Hitcase.com
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New Post has been published on Freelance Marketing Consultant
New Post has been published on http://positioned.me/marketing/business/pestle-and-swot-analysis/
PESTLE and SWOT Analysis
A PESTEL analysis is a framework or tool used by marketers to analyse and monitor the macro-environmental (external marketing environment) factors that have an impact on an organisation. The result of which is used to identify threats and weaknesses which is used in a SWOT analysis.
PESTEL stands for:
P – Political
E – Economic
S – Social
T – Technological
E – Environmental
L – Legal
All the external environmental factors (PESTEL factors)
Political Factors
These are all about how and to what degree a government intervenes in the economy. This can include – government policy, political stability or instability in overseas markets, foreign trade policy, tax policy, labour law, environmental law, trade restrictions and so on.
It is clear from the list above that political factors often have an impact on organisations and how they do business. Organisations need to be able to respond to the current and anticipated future legislation, and adjust their marketing policy accordingly.
Economic Factors
Economic factors have a significant impact on how an organisation does business and also how profitable they are. Factors include – economic growth, interest rates, exchange rates, inflation, disposable income of consumers and businesses and so on.
These factors can further be broken down into macro-economical and micro-economical factors. Macro-economical factors deal with the management of demand in any given economy. Governments use interest rate control, taxation policy and government expenditure as their main mechanisms they use for this.
Micro-economic factors are all about the way people spend their incomes. This has a large impact on B2C organisations in particular.
Social Factors
Also known as socio-cultural factors, are the areas that involve the shared belief and attitudes of the population. These factors include – population growth, age distribution, health consciousness, career attitudes and so on. These factors are of particular interest as they have a direct effect on how marketers understand customers and what drives them.
Technological Factors
We all know how fast the technological landscape changes and how this impacts the way we market our products. Technological factors affect marketing and the management thereof in three distinct ways: New ways of producing goods and services New ways of distributing goods and services New ways of communicating with target markets
Environmental Factors
These factors have only really come to the forefront in the last fifteen years or so. They have become important due to the increasing scarcity of raw materials, polution targets, doing business as an ethical and sustainable company, carbon footprint targets set by governments (this is a good example were one factor could be classes as political and environmental at the same time). These are just some of the issues marketers are facing within this factor. More and more consumers are demanding that the products they buy are sourced ethically, and if possible from a sustainable source.
Legal Factors
Legal factors include – health and safety, equal opportunities, advertising standards, consumer rights and laws, product labelling and product safety. It is clear that companies need to know what is and what is not legal in order to trade successfully. If an organisation trades globally this becomes a very tricky area to get right as each country has its own set of rules and regulations.
After you have completed a PESTEL analysis you should be able to use this to help you identify the strengths and weaknesses for a SWOT analysis.
Now you have the PESTLE context you can use this output to map out a SWOT analysis.
SWOT stands for:
Strengths
Weaknesses
Opportunities
Threats
A traditional SWOT analysis would take the context of the PESTLE and analyse how these factors may emerge/impact.
This may be an interesting exercise but often doesn’t lead to anything apart from four lists that are filed away and forgotten.
A SWOT analysis should be a useful tool for planning and marketing strategy. Identify your strengths and weaknesses first because they may suggest some of the opportunities and threats later. There is a tendency for people to play the ‘opposites game�� whereby an opportunity might be identified and then a converse threat that ‘it might not be taken up’. This is not a threat, threats have to exist now in the present – this is a RISK associated with taking that opportunity and this should be recorded in the risk register.
A better way to map this output more directly into a project plan and/or strategy is to use a 3×3 grid, arranging your strengths, weaknesses, opportunities and threats in the labelled boxes. Then come up with some ‘mini strategies’ in the four boxes in the bottom right corner of the matrix, addressing the questions outlined.
var featureBoxVar = "";
#Economic#Environmental#Legal#Opportunities#PESTLE Analysis#Political#Social#Strengths#SWOT Analysis#Technological#Threats#Weaknesses#Business
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Exploring Forex Trading Scales: Micro, Mini, and Macro for Traders With Funded Traders Global
The blog titled "Forex Trading Scales: Micro Macro and Mini" discusses the different trading scales in the field of Forex trading and their significance in shaping trading strategies. It outlines three main trading scales - micro, mini, and macro - and describes their characteristics and benefits.
Micro Trading: This scale involves trading on a small level, with micro-lot sizes. It's suitable for beginners or those with limited capital. Traders in this category dip their toes into Forex trading, learning the basics without diving deep into risk.
Mini Trading: Positioned between micro and macro, mini trading involves slightly larger trade sizes with mini lots. Traders who have gained some experience in the market but are not yet ready for larger trades can benefit from this scale. It strikes a balance between risk and potential returns.
Macro Trading: This scale is for experienced traders and institutions dealing in larger trade sizes. It requires analyzing macroeconomic trends, global events, and economic indicators. Macro traders engage in substantial trades that can have significant impacts on the market.
The blog also introduces Funded Traders Global, a platform designed to help traders overcome limited capital and risk management challenges. The platform allows traders to prove their skills in a simulated environment and, upon meeting performance criteria, offers the opportunity to trade with a funded account, accessing more capital and potential profits.
The blog delves into each trading scale's advantages, who benefits from them, and how they align with traders' risk appetites and experience levels. It highlights that traders' decisions should be guided by factors such as market volatility, risk tolerance, economic events, and their own capital and expertise. Funded Traders Global is presented as a tool that can empower traders to bridge the gap between their aspirations and financial limitations.
In summary, the blog provides a comprehensive overview of the micro, mini, and macro trading scales in Forex, emphasizing how each scale caters to different traders' needs and goals. It also underscores the role of Funded Traders Global in helping traders navigate these scales effectively.
#Advantages of Macro Trading#Advantages of Micro Trading#and Mini#and Mini Scales#Choosing the Right Scale for You Guide readers on how to choose the appropriate trading scale for their goals and circumstances#economic events#Forex Trading Scales With Micro#FTG#fundamental analysis#Funded Traders Global#Influencing Your Trading Journey#Navigating Micro#Learning and Practice#Long-Term Trends#Low Capital Requirements#Macro#Macro Forex Trading#Macro traders#Macro Trading#market volatility#micro#Micro Forex Trading#Micro traders#Micro Trading#Mini Forex Trading#Mini traders#Mini Trading#News Trading#Risk Management#Strategies of the Masters
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