There are many different ways to look at trading the forex, and while each trader will have his or her own strategies for getting ahead in the market, carry trades are one type of currency trading that have a large following. A carry trade strategy allows us to make a profit even when the market is stable as it does not rely on the movement of pricing between two currencies. Instead, the success of a carry trade depends upon the difference between the interest rates of two separate currencies. A carry trade involves borrowing or selling a...
The Good: Vlad Zamifir, Ethereum developer, Creates Sharding Prototype Proof-of-Concept code available on GitHub Allows for faster communication and message sharing across Ethereum blockchain through second layer scalability Sharding addresses scalability issues 5 Exciting Ethereum Airdrops on Their Way AXEL CYBR ScientificCoin Infinitus BioCrypt Ethereum Project Using DAI as “Bank” DAI was launched in December 2017 Since then it issued over 3,270 loans worth $114M The structure of the loans is CDP (Collateral Debt...
On September 24th the Trump administration will impose a 10% tariff on $200 billion worth of Chinese goods. This will be increased to 25% in 2019 and comes on-top of the $50 billion worth of goods which are already under a 25% tariff. President Trump vowed to impose a tariff on the remaining $267 billion worth of Chinese goods, if China decided to retaliate. China vowed to retaliate as it has when the Trump administration announced the initial tariff on $50 billion worth of Chinese goods. The reason the latest round of US tariffs will start...
The world of forex is full of excitement and it gives traders the possibility of controlling huge amounts of money without the need to invest a lot of their own capital. The old industry saying of ‘buy low, sell high’ – when done right – can be extremely rewarding. During the early part of their trading careers, beginners will often proclaim that they are on a quest to beat the market, take full control of an instrument and go for the big win. However, these poor habits are usually set off by the excitement that follows...
Hello, my name is Cheng and I am from Hong Kong. Besides being a civil engineer I am also a very excited new forex trader. I have been learning on how to become a trader and at the same time working on a strategy for the past 12 months, but in my book that still makes me a beginner. It took me four years of studies to earn my engineering degree and I learned that trading forex is the same as any other profession. This means I will happily study another three years until I get to a proficient enough level to call myself and advanced forex...
