In today’s information age a lot of people adopted a get-rich quick mentality. Regardless of how often they have been warned that the only thing that will happen to them quick is a total loss of money, time and maybe even hope for a better future. In a growing number of cases this has even led to depressions, mood changes and other adverse effects. This is not a laughing matter as it can also drive away your loved ones and really ruin your life. Looking at most rich individuals, keep in mind that it took time to amass fortunes.

The European Union is great at one thing: holding summits. Brussels has the ability to negotiate any topic into the ground without ever reaching an agreement. The EU is now at it again. The fact that the EU functions on unanimous votes, which means all members have to agree, renders the entire institution useless. The idea is to show solidarity, but in reality the EU lacks this. It is almost impossible to get 28 different countries with different needs and backgrounds to agree on key topics. One solution doesn’t fit all European countries and creates great imbalances.

While I was working three summers as an intern at a hedge fund in the IT department, I learned a lot about forex trading. My primary job was to monitor the network and make sure all systems were running smooth. While I was not involved in any operations on the trading floor, I did learn plenty during breaks with colleagues. The hedge fund was using quantitative strategies, which means plenty of computers and trading algorithms in order to trade the fast moving forex market. This increased my interest, coming from an IT background as a computer engineer.

With time running out for the EU and the UK to reach a Brexit compromise, some try to create the illusion that a such a compromise is imminent. This is very inaccurate and misleading. While both sides are entangled in negotiations in order to resolve what currently appears to be the biggest problem, the Irish border, even a compromise is far off. While officials acknowledge that some progress has been made, they warn that obstacles remain before a compromise may be reached.

There are countless of posts online which tell you why you should or should not trade forex, so I will spare you the why you should points. I mean it is obvious, you should be in the market as it is the only one on this planet which allows you to create a true income stream, 24/5, one that you can depend on. I won’t lie to you, it requires patience. Those who come armed with patience can truly experience the great world of forex trading. This is precisely why I decided to share my story and strategy here with you all.

Alright, I totally get it. There are plenty of bad bosses around. When I took on part-time jobs to put myself through college, I even accepted that. I was hired for my looks and objectified by some bosses, but I needed those jobs as I was working towards my degree. I studied tourism as my youthful mind at that time envisioned a great career with plenty of travelling opportunities to see the world. After I realized that I may have been dreaming a bit too much, it was too late to change direction without losing three years of my life so I stuck with it.

The Good: Bitcoin Network Adds Biggest Block to Date Over 9 months into the bear market for Bitcoin, there are signs of technological improvements in Bitcoin. The average block size is 0.804MB and includes 1,609 transactions per block. On September 5th 2018, block number 540107 came in at 2.260MB and only 230 transactions. This was accredited to the implementation of soft fork Segwit. Google Reverses Cryptocurrency Ad Ban

After I finished high school, my parents took me on a trip around the world as a present for my good grades and as an inspiration to continue to do well in my studies. The hope was that I would excel at university and get a career started in the highly competitive world of finance. My father’s ultimate goal was to get me to work for the family business and contribute to its success. My brother already completed law school and is being groomed to head the firm’s in-house counsel while my older sister finished med school and is a doctor.

After UK Prime Minister Theresa May delivered a 10 minute dinner speech last night to her EU counterparts over dinner, the mood is not what many hoping for a Brexit deal would wish for. She asked for more concessions, especially when it comes to the Irish border issue, in order to convince many in her own party that the Brexit deal negotiated is a good one. EU leaders showed no signs of giving concessions to May and the UK and in general struck a pessimistic tone on Thursday in Salzburg.

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”

The EURUSD is the most traded currency pair and one thing most can agree on is that the US Dollar is currently overvalued. This is where the agreement ends. According to one analysis conducted by the International Monetary Fund, the US Dollar is trading 11% above its 10-year average (in real effective terms). The OECD concluded that the EURUSD is 15% below purchasing power parity data it calculated which suggests that a rally in this currency pair may be looming.

Ever felt like getting really sleep as you are starring at your trading platform, running a technical analysis or catching up on fundamental events which could impact your forex trades? I mean it is not easy scanning chart after chart and applying the same technical analysis over it, time and again. Mixing it up by reading about political developments around the world or dissecting economic reports which are released throughout the day doesn’t make things any easier.

I love the book ‘Around the World in 80 Days’, written by Jules Verne. I am sure most of you know what the story is about, but to sum it up in short it is about a bet that the main character will be able to circumvent the planet in 80 days. In today’s world, this hardly poses a challenge. The story takes place in 1872 so you can see how it was a great feature if accomplished. The reason I love the book is because it deal with adventures during a travel around the world.

My name is Alice and I am from New Mexico. My 45th birthday is coming up, but I feel that I only started living life ten years ago. Before that, I did what most people do. I grew up in a small town, was raised by two loving parents, graduated high school with honors and went on to get a degree in biology. I move to San Diego in order to study marine wildlife as it was always a passion of mine. I was happy overall, had a great circle of friends and was satisfied my career.

Howdy everyone, how are my fellow forex traders and those who want to be doing today? First I would like to address those of you who are not trading forex yet, but who are seriously considering it: Congratulations! The first and most important step is to actually decide to enter the great world of forex trading. Why do I think it is great? Because if you are committed to it, have the right mindset and want to truly create an asset base with a long-term time horizon to create monthly cash flow from the comfort of any location you chose, then forex trading can provide you just that.

Two of the biggest forex moving pieces of economic data are GDP and CPI figures. Since the financial crisis, central banks flooded and to a certain degree continue to flood the market with quantitative easing. A lot of market participants have therefore paid less attention to GDP and CPI data, since central banks were meddling in the markets, printing money and buying bonds as well as equities in the case of the Bank of Japan.

I faced a big dilemma last year. I loved my job, but hated my boss. I studied hard to get my degree in computer science and was very proud on graduation day. I knew it was an uphill battle for a young computer scientists without any experience in a tight labor market, but I welcomed the challenge. My other choice would have been to study geology, get a guaranteed job while still at university and work the rest of my life in a field which doesn’t interest me. My dad is a geologist and loves it, my mom is a biologists and loves it and I wanted to work in a field I love as well.

Hi everyone, Gordon is the name and travelling the world is the game. My parents loved to travel so I grew up a different locations around the world. I grew up wanting to have a life like theirs. Both loved what they did for a living, had the freedom to work from wherever they wanted and seemed to not have a worry in their life’s. One thing I didn’t know when I was growing up was how much work, dedication and patience they put into their career’s to get to where we were. Now I am 41 years young, travel the world for over two years now and am where I always wanted to be.

The US Dollar has been under pressure for several months and just as many may have thrown in the towel and gave up, a lifeline has been thrown into the mix: 10-Year US Treasury Yields. For several weeks traders have been watching yields increase and now they are within a few basis points of breaking out above 3.0%. Yields move opposite of prices which means that an increase in yields translates into a decrease in prices.

Information travels fast in today’s digital age and news events move markets instantly. Just about everyone is connected and receives news from their preferred sources on their mobile device. Forex traders need to differentiate between two different categories of news. One category consists of economic news which are released at a certain time and date. It is very simple to prepare and include those releases into a trading day as well as strategy.

We live in the digital age and information travels fast. It is therefore very important for forex traders to make sure that they stay up-to-date with global developments as they will have an instant impact on their trading accounts. While this may sound simple, it is no easy task. Since the forex market is open 24 hours per day and five days per week, it is impossible for any trader to remain alert for what may happen.

Brexit is roughly 13 months away and many items remain unchecked. A two-year transition period has been all but agreed on which means that in 2021 the UK will have completed Brexit. British Prime Minister Theresa May had a very challenging premiership so far and is trying to balance her cabinet which is comprised of Brexit hardliners as well as those in favor of a very soft Brexit.

The most profitable forex traders understand that financial markets are connected and that in order to maximize profits it is important to look at all aspects. Many forex traders, especially new ones, only scan their MT4 forex charts in order to find a profitable trade. This often only gives them a part of the bigger picture which in many cases results in losses and unexplained price action moves.

Michel Barnier, the EU’s chief Brexit negotiator, has ruled out a special deal for UK banks and the entire UK financial services sector in a free trade deal. This has been echoed throughout the negotiations so far. The UK economy is thriving thanks to its powerful financial services industry which has made London the financial center of the world.

The 2018 trading year is officially on its way and as with every start of a new trading year, there are many forecasts and themes which analysts and market watchers claim as vital for a profitable year. Today we will look at three forex themes which every trader should keep in mind, regardless of time horizon, in order to increase the pips earned over the next twelve months. Understanding and taking advantage of major trends will not only increase profits, but also decrease losses.

Many forex traders tend to overlook the Scandinavian forex market. Some of the reasons for this oversight include the size of the market as compared to major currencies, the liquidity for currency pairs which are traded in the Norwegian Krone, the Danish Krone and the Swedish Krona or the higher spreads which usually come with minor currency pairs.

Bitcoin’s meteoric rise has accelerated in October as the biggest crypto currency rallied past the $5,000 as well as the $6,000 in one month alone and is currently trading above $7,000. Many are wondering how much further Bitcoin can rally before it will enter a correction or a potential crash, if ever. Currently it appears as if $8,000 is a level it could reach and breach and two Goldman Sachs analysts circulated a research note this past Sunday signalling a cautionary note as Bitcoin continues its surge.

Many economists consider the non-farm payrolls (NFP) report out of the US as the biggest economic report each month. The Bureau of Labor Statistics (BLS), which is part of the US Department of Labor, releases the NFP report on the first Friday of each month. Economists expect tomorrow’s NFP report to show that the US economy added 312K jobs for October with an unemployment rate of 4.2%. The ADP Employment report which was released on Wednesday indicated the creation of 235K jobs in the private sector which beat estimates for the creation of 200K jobs.

Many UK businesses are hoping for a swift Brexit transition which will last at least two years in order to implement the required changes without major disruptions to their operating models. Hardliners inside the Tory led government favor a hard Brexit if necessary as the British public voted to leave the European Union with good reason according to Brexit supporters. Prime Minister Theresa May voted to remain in the EU at the time of the referendum which has many pro-Brexit lawmakers questioning her commitment to deliver to the British public what they voted for.

Once a new traders makes the decision to enter the forex market, the first step is to find a forex broker through which an account can be managed. Without one, the traders has no access to the largest financial market available. A lot of new traders tend to focus more on their investment or trading strategy and ignore the importance a good broker will have on their overall performance. Selecting the right place for your portfolio will greatly improve the effectiveness of any strategy and result in a good partnership while the wrong selection can turn into an unnecessary nightmare.

The excess technical indicators, if forex trader overuses them, often does more harm than good. At best, it just creates a lot of unnecessary noise during trading. Each signal of a technical indicator is perceived as a signal to enter the market, but in practice it is not always so.

One of the most common situations, with which constantly has to deal any Forex trader is an unexpected and unpredictable movement of currencies prices that trigger market volatility.

The two main concepts, the features of which must know each Forex trader, are the long and short positions. They are used to describe the process of buying and selling, on which basis is carried out all operations on the Forex market.

Emotional risks on the Forex market have another name - risk behaviors. Like any other asset markets, Forex is very sensitive to the output of financial and political news, as well as to manipulation of the major players in the market. But it also happens that the cause of the excitement in the market can be just unsubstantiated false rumors.

Despite the long-term development of the Forex market and its popularity, many new traders intuitively believe that in trade is sufficient to rely on luck and intuition, and thus are making a huge mistake.

Stochastic Oscillator is essentially a momentum indicator that measures the strength of currencies. The use of this oscillator is particularly useful when it comes to forex trading.

What affects the price of currencies in the Forex market? With fundamental analysis traders try to predict the effect, which will have social, economic and political events in foreign exchange quotations.

Strategy, discipline, and attitude with which you approach the realization of trading deals on the Forex, determines your final profit or loss in the long term. You can not control the ups and downs of price movements in the currency market. In this regard, many people believe that success or failure in forex trading is only a matter of luck or whim of fate.

Fibonacci levels can be considered as a very strong price indicators in the forex market. A trader can successfully use this tool alone or in combination with other indicators.

Forex beginners often hear that they should trade in line with trends in the market. And it makes sense. But what if the market is not trending? Sometimes the movement may be in a certain range within a few months. How to make money then?

Once you trade in the Forex market, you probably heard about the oscillators. Combining oscillators and price action, you get a powerful combination of tools that can be very profitable. And there is another important point related to the divergence that many traders overlook.

This week, the greatest attention of the market will attract the statistics from the US due to the new, and probably positive, release of the Nonfarm Payrolls data, as well as due to speeches of US Fed members. Strong statistics and optimistic comments from the US regulator will strengthen expectations of rate increases, and vice versa.

PaxForex company recently introduced a new bonus to its traders called Loyal Deposit Bonus. According to recent estimates, the company got a significant increase of new customers thanks to the unique features and competitive advantages of this Forex bonus program.

Those forex traders who frequently tune into business news channels such as CNBC or Bloomberg in order to keep up with fundamental developments, geopolitical events and other interesting business news stories may have pick up that the strong rally in the S&P500 and other US equity markets is the most hated rally in the US.

Many new forex traders often make the mistake to jump around from timeframe to timeframe as they are looking for profitable trades. This is a very big mistake and can lead to unnecessary losses. Discipline and patience are key components of a successful forex trader and so is knowing that a strategy is built on one timeframe.