forex market hours during holidays - forex trading hours ...

How To Build And Manage A Remote Team Immediately

Managers face a new challenge–managing a remote forex trader team with more and more Forex companies looking out for outsourcing. Events such as motivational tactics, task control and Communications still require a specialist approach even if this has been simplified using technology and a high-speed Internet.

The advantages of employing people on a distance are endless and make your competitive edge easy. Your company can help create a talented team of the best specialists in the market because you can not just hire people from everywhere in the world. This is why a remote employment type will continue to gain momentum in the future. It’s all the challenges that value it.

Remote job is very easy–output, autonomy and flexibility. You influence the manner you operate your team, the smoothness and achievement of the company procedures. And although most individuals still think that remote employees are not as productive as usual in office, the reality of the matter is that most remote employees actually see an increase in productivity equal to a complete additional working day.

So how do you efficiently handle a distant team? How can you contribute to its growth, commitment and coordination? Below are some tips that we have collected to assist you find the response.

TIP 1 – Maintain high performance

If your team scatters throughout the world, productivity can be impacted, unless certain measures are taken to keep it. It is not only difficult to say in a virtual environment how much time your staff spend on assignments and how successful they are, but also it is essential to be evident how the entire team handles the workload.

Therefore, it is essential that a business process is well thought-out and that several software tools are used. Training tools such as Toggl or Clockify can help you to really understand the processes underway, the amount of time spent on these projects, and the number of breaks taken in real time. This allows executives to identify the weaknesses of each worker and attempt to solve them.

This doesn’t imply that you need to overuse these applications and develop stringent procedures. If you work remotely, you are likely to choose this due to the flexibility it provides you. Managers need to strike a balance between liberty and coherent timescales for their staff.

For instance, they must decide which communication instruments they use to discuss issues of great significance–Chat with urgent subjects, Email with stuff to wait and Video Calls. Furthermore, all project information must be available to every member of the team (instruments like Google Drive and DropBox may assist). It must also ensure complete transparency and transparency.

They also need to bear in mind always that distant workers can all operate in distinct time zones, so that everyone can tune in to a video call, it is essential to discover a time window. Also, when employing persons, you need to ensure that your location time differences are not more than 3 hours from the time zone of your office. Due to time differences, for each conference you always have to have a very clear agenda and must stick to it.

Finally, you need to measure the yield to always have your hand on the pulse. Try to list all the main points in the work of each team member that indicate the performance. Set clear objectives with measurable outcomes so you can see clearly what is anticipated and how well your staff are responding to these expectations. Hold monthly reviews in the team to see how all people work together and whether everyone handles them properly.

However, do not be scared to give honest feedback, remember that individuals almost always concentrate more on beneficial than adverse points. This is why executives have to be frank and always attempt to discover something useful at the end.

TIP 2 – Strengthen communication skills

For each team, good communication between employees is essential, but for distant teams in particular. The absence of physical attendance and distinct working schedules can all lead your team members to operate as people instead of a united front.

Remote teams effectively need to interact twice if not three times the ordinary team. And executives must support these communications by creating more possibilities.

Set some of your team’s prompters. Say you always mark the time places if you are on your schedule for calls. Select and ensure your team uses the primary communication instruments. Implement instruments like Slack, WebEx and Skype and let your staff know that they are available all the time. Agree on the duration of an email reply so that you understand when to expect answers to your message.

Try as much as necessary to integrate video calls. IMCCAs have found that, when they actively use video conference instruments, 90% of remote personnel feel more linked with their team. Video enables your team to make a name face and bind better. When you see a individual, it’s always simpler to speak to than just by messaging.

Video calling helps your distant team feel moved and isolated less.

Share your screen with your team members to facilitate and clarify clarifications. Create distinct channels for sharing of interesting stuff, such as fun stories, suggestions for films or updates on TV shows that you all view.

Your purpose is to create a virtual environment that fosters and enhances

communication between your team.

TIP 3 – Engaging, Inspiring And Motivating

The main element of effective teamwork is motivation. Entrepreneur says company costs 450 to $550 billion per year in losses of productivity for an unmotivated or de-engaged employee.

Managers who work with remote teams have to invest in them and work hard every day to increase morality. In distant teams it is even more essential to build a powerful corporate culture than in the physical.

Begin with transparency, one of the basic elements of a driven team. You need to make sure that all of your team know precisely what the business is doing, its goals and its role. Share corporate news and updates, celebrate your own accomplishments and attempt to make your team feel real.

Be frank and let them know you as their leader. Discuss yourselves with them and share your private vision. Describe the stuff you handle at the moment, so they know that you do as difficult as you do. Request your advice on various issues and opinions.

Be in keeping with feedback and with your praise in particular. Don’t just ask them to do a nice job, but to highlight certain accomplishments and duties. In corporate public chats, try also to praise your distant staff for their accomplishments throughout the whole business.

Create your team’s rituals and traditions. Celebrate the birthdays and unique occasions of your distant staff. Why doesn’t every team member ask for a brief video that you wish to edit later and send to your partner celebrating?

Improve camaraderie with true private communication through investments at least once a year in corporate retreats where your distant team can meet in reality.

Find out more here about motivating your team.

TIP 4 – Select your team with wisely

Hiring individuals with the correct distance to work is your halfway to achievement. It’s all about everything else. You can also influence your entire team with a lazy or unprofessional distant worker. This is why certain precautions are essential during the recruitment process.

First and foremost, nobody claims you have to employ the individual from the beginning. Test your skills and abilities for a number of months by employing them part-time and giving them the opportunity to work long term when you’re sure they’re a nice addition to your staff.

Don’t be stingy with salaries. Just because your employee is working remotely doesn’t mean that they aren’t doing more than your typical office worker does. In most cases, remote workers are actually doing more, so their salaries have to reflect this.

Make sure your fresh remote staff can function from home. Do you have a good working environment where you can concentrate without distractions? Otherwise, it may be better to propose either paying for co-working space or buying equipment to build that room at home for them.

Take into consideration that your staff can all come from distinct nations and cultures. Learn how to talk obviously and broadly convey your message. Ask your team in their message to use easy phrases and a neutral tone. Maintain a calendar of all global holidays affecting and planning your team members.

Make sure fresh staff are quick to retire. Create a guide with all the primary information about your job and the instruments you use. Ask your team members to share their finest advice on remote working. Recall the faster the better they adjust.

Managing distance teams can be challenging, but actually you can create a skilled, loyal, hard-working team with a few simple rules to assist your company to succeed.
submitted by azeem65 to u/azeem65 [link] [comments]

Looking back 18 months.

I was going through old emails today and came across this one I sent out to family on January 4, 2018. It was a reflection on the 2017 crypto bull market and where I saw it heading, as well as some general advice on crypto, investment, and being safe about how you handle yourself in cryptoland.
I feel that we are on the cusp of a new bull market right now, so I thought that I would put this out for at least a few people to see *before* the next bull run, not after. While the details have changed, I don't see a thing in this email that I fundamentally wouldn't say again, although I'd also probably insist that people get a Yubikey and use that for all 2FA where it is supported.
Happy reading, and sorry for some of the formatting weirdness -- I cleaned it up pretty well from the original email formatting, but I love lists and indents and Reddit has limitations... :-/
Also, don't laught at my token picks from January 2018! It was a long time ago and (luckliy) I took my own advice about moving a bunch into USD shortly after I sent this. I didn't hit the top, and I came back in too early in the summer of 2018, but I got lucky in many respects.
----------------------------------------------------------------------- Jan-4, 2018
Hey all!
I woke up this morning to ETH at a solid $1000 and decided to put some thoughts together on what I think crypto has done and what I think it will do. *******, if you could share this to your kids I’d appreciate it -- I don’t have e-mail addresses, and it’s a bit unwieldy for FB Messenger… Hopefully they’ll at least find it thought-provoking. If not, they can use it as further evidence that I’m a nutjob. 😉
Some history before I head into the future.
I first mined some BTC in 2011 or 2012 (Can’t remember exactly, but it was around the Christmas holidays when I started because I had time off from work to get it set up and running.) I kept it up through the start of summer in 2012, but stopped because it made my PC run hot and as it was no longer winter, ********** didn’t appreciate the sound of the fans blowing that hot air into the room any more. I’ve always said that the first BTC I mined was at $1, but looking back at it now, that’s not true – It was around $2. Here’s a link to BTC price history.
In the summer of 2013 I got a new PC and moved my programs and files over before scrapping the old one. I hadn’t touched my BTC mining folder for a year then, and I didn’t even think about salvaging those wallet files. They are now gone forever, including the 9-10BTC that were in them. While I can intellectually justify the loss, it was sloppy and underlines a key thing about cryptocurrency that I believe will limit its widespread adoption by the general public until it is addressed and solved: In cryptoland, you are your own bank, and if you lose your password or account number, there is no person or organization that can help you reset it so that you can get access back. Your money is gone forever.
On April 12, 2014 I bought my first BTC through Coinbase. BTC had spiked to $1000 and been in the news, at least in Japan. This made me remember my old wallet and freak out for a couple of months trying to find it and reclaim the coins. I then FOMO’d (Fear Of Missing Out”) and bought $100 worth of BTC. I was actually very lucky in my timing and bought at around $430. Even so, except for a brief 50% swing up almost immediately afterwards that made me check prices 5 times a day, BTC fell below my purchase price by the end of September and I didn’t get back to even until the end of 2015.
In May 2015 I bought my first ETH at around $1. I sent some guy on bitcointalk ~$100 worth of BTC and he sent me 100 ETH – all on trust because the amounts were small and this was a small group of people. BTC was down in the $250 range at that point, so I had lost 30-40% of my initial investment. This was of the $100 invested, so not that much in real terms, but huge in percentages. It also meant that I had to buy another $100 of BTC on Coinbase to send to this guy. A few months after I purchased my ETH, BTC had doubled and ETH had gone down to $0.50, halving the value of my ETH holdings. I was even on the first BTC purchase finally, but was now down 50% on the ETH I had bought.
The good news was that this made me start to look at things more seriously. Where I had skimmed white papers and gotten a superficial understanding of the technology before FOMO’ing, I started to act as an investor, not a speculator. Let me define how I see those two different types of activity:
So what has been my experience as an investor? After sitting out the rest of 2015 because I needed to understand the market better, I bought into ETH quite heavily, with my initial big purchases being in March-April of 2016. Those purchases were in the $11-$14 range. ETH, of course, dropped immediately to under $10, then came back and bounced around my purchase range for a while until December of 2016, when I purchased a lot more at around $8.
I also purchased my first ICO in August of 2016, HEAT. I bought 25ETH worth. Those tokens are now worth about half of their ICO price, so about 12.5ETH or $12500 instead of the $25000 they would be worth if I had just kept ETH. There are some other things with HEAT that mean I’ve done quite a bit better than those numbers would suggest, but the fact is that the single best thing I could have done is to hold ETH and not spend the effort/time/cost of working with HEAT. That holds true for about every top-25 token on the market when compared to ETH. It certainly holds true for the many, many tokens I tried to trade in Q1-Q2 of 2017. In almost every single case I would have done better and slept better had I just held ETH instead of trying to be smarter than Mr. Market.
But, I made money on all of them except one because the crypto market went up more in USD terms than any individual coin went down in ETH or BTC terms. This underlines something that I read somewhere and that I take to heart: A rising market makes everyone seem like a genius. A monkey throwing darts at a list of the top 100 cryptocurrencies last year would have doubled his money. Here’s a chart from September that shows 2017 year-to-date returns for the top 10 cryptocurrencies, and all of them went up a *lot* more between then and December. A monkey throwing darts at this list there would have quintupled his money.
When evaluating performance, then, you have to beat the monkey, and preferably you should try to beat a Wall Street monkey. I couldn’t, so I stopped trying around July 2017. My benchmark was the BLX, a DAA (Digital Asset Array – think fund like a Fidelity fund) created by ICONOMI. I wasn’t even close to beating the BLX returns, so I did several things.
  1. I went from holding about 25 different tokens to holding 10 now. More on that in a bit.
  2. I used those funds to buy ETH and BLX. ETH has done crazy-good since then and BLX has beaten BTC handily, although it hasn’t done as well as ETH.
  3. I used some of those funds to set up an arbitrage operation.
The arbitrage operation is why I kept the 11 tokens that I have now. All but a couple are used in an ETH/token pair for arbitrage, and each one of them except for one special case is part of BLX. Why did I do that? I did that because ICONOMI did a better job of picking long-term holds than I did, and in arbitrage the only speculative thing you must do is pick the pairs to trade. My pairs are (No particular order):
I also hold PLU, PLBT, and ART. These two are multi-year holds for me. I have not purchased BTC once since my initial $200, except for a few cases where BTC was the only way to go to/from an altcoin that didn’t trade against ETH yet. Right now I hold about the same 0.3BTC that I held after my first $100 purchase, so I don’t really count it.
Looking forward to this year, I am positioning myself as follows:
Looking at my notes, I have two other things that I wanted to work into this email that I didn’t get to, so here they are:
  1. Just like with free apps and other software, if you are getting something of value and you didn’t pay anything for it, you need to ask why this is. With apps, the phrase is “If you didn’t pay for the product, you are the product”, and this works for things such as pump groups, tips, and even technical analysis. Here’s how I see it.
    1. People don’t give tips on stocks or crypto that they don’t already own that stock or token. Why would they, since if they convince anyone to buy it, the price only goes up as a result, making it more expensive for them to buy in? Sure, you will have friends and family that may do this, but people in a crypto club, your local cryptocurrency meetup, or online are generally not your friends. They are there to make money, and if they can get you to help them make money, they will do it. Pump groups are the worst of these, and no matter how enticing it may look, stay as far away as possible from these scams. I even go so far as to report them when I see them advertise on FB or Twitter, because they are violating the terms of use.
    2. Technical analysis (TA) is something that has been argued about for longer than I’ve been alive, but I think that it falls into the same boat. In short, TA argues that there are patterns in trading that can be read and acted upon to signal when one must buy or sell. It has been used forever in the stock and foreign exchange markets, and people use it in crypto as well. Let’s break down these assumptions a bit.
i. First, if crypto were like the stock or forex markets we’d all be happy with 5-7% gains per year rather than easily seeing that in a day. For TA to work the same way in crypto as it does in stocks and foreign exchange, the signals would have to be *much* stronger and faster-reacting than they work in the traditional market, but people use them in exactly the same way.
ii. Another area where crypto is very different than the stock and forex markets centers around market efficiency theory. This theory says that markets are efficient and that the price reflects all the available information at any given time. This is why gold in New York is similar in price to gold in London or Shanghai, and why arbitrage margins are easily <0.1% in those markets compared to cryptoland where I can easily get 10x that. Crypto simply has too much speculation and not enough professional traders in it yet to operate as an efficient market. That fundamentally changes the way that the market behaves and should make any TA patterns from traditional markets irrelevant in crypto.
iii. There are services, both free and paid that claim to put out signals based on TA for when one should buy and sell. If you think for even a second that they are not front-running (Placing orders ahead of yours to profit.) you and the other people using the service, you’re naïve.
iv. Likewise, if you don’t think that there are people that have but together computerized systems to get ahead of people doing manual TA, you’re naïve. The guys that I have programming my arbitrage bots have offered to build me a TA bot and set up a service to sell signals once our position is taken. I said no, but I am sure that they will do it themselves or sell that to someone else. Basically they look at TA as a tip machine where when a certain pattern is seen, people act on that “tip”. They use software to see that “tip” faster and take a position on it so that when slower participants come in they either have to sell lower or buy higher than the TA bot did. Remember, if you are getting a tip for free, you’re the product. In TA I see a system when people are all acting on free preset “tips” and getting played by the more sophisticated market participants. Again, you have to beat that Wall Street monkey.
  1. If you still don’t agree that TA is bogus, think about it this way: If TA was real, Wall Street would have figured it out decades ago and we would have TA funds that would be beating the market. We don’t.
  2. If you still don’t agree that TA is bogus and that its real and well, proven, then you must think that all smart traders use them. Now follow that logic forward and think about what would happen if every smart trader pushing big money followed TA. The signals would only last for a split second and would then be overwhelmed by people acting on them, making them impossible to leverage. This is essentially what the efficient market theory postulates for all information, including TA.
OK, the one last item. Read this weekly newsletter – You can sign up at the bottom. It is free, so they’re selling something, right? 😉 From what I can tell, though, Evan is a straight-up guy who posts links and almost zero editorial comments.
Happy 2018.
submitted by uetani to CryptoCurrency [link] [comments]

Advantages, Disadvantages and Risks of Forex Trading

Advantages, Disadvantages and Risks of Forex Trading

https://preview.redd.it/ck9blq4ft6d41.png?width=600&format=png&auto=webp&s=5353ef8f5104ee93929cc35106493fea777ede95
Features and Benefits of Investing in Forex
Forex is a market that is characterized by some specific elements:
  1. Automated trading. Many platforms allow you to automatically plan your transactions or close your positions after reaching the planned income level, or if you are no longer prepared for risks. Automation of strategies is one of the main advantages of a trader, the development of your trading strategy is best entrusted to professional programmers, for example here - https://nordman-algorithms.com/metatrader-programming/
  2. A large number and variety of market structures. Forex involves exchanges with central banks, financial institutions, transnational corporations, governments, transactional institutions, economic analysts, currency speculators and private investors (such as us).
  3. Liquidity. As we said in the previous paragraphs, the volume of daily foreign exchange transactions around the world is very significant compared to other markets that may have liquidity problems.
  4. Transactions are made at any time of the day. Foreign exchange markets are open 24 hours a day (excluding weekends), as well as during the domestic holidays of each country (foreign markets are open).
  5. Demo account for beginners. Almost all intermediaries or brokers offer a demo account where you can practice and learn exchange methods before you run into a real market.
  6. This is a very safe market. The possibility of fraud is almost impossible, and this makes it very safe, despite being accessible via the Internet. However, when registering with a broker, you need to make sure that it is regulated by someone.
  7. The market is very sensitive. In addition to the advantages that we just mentioned, the foreign exchange market is very responsive to many technical and psychological indicators. It is worth mentioning that many relevant topics affecting the currency are numerous and publicly available.
  8. Small budget. On Forex, you can trade with small budgets, starting with $ 100 or a minimum deposit capital.
  9. Bank leverage. This means that you can increase your capital simply by storing earnings in a bank account.
  10. Zero commissions. There are no commissions for transactions that will be executed on the trading platform. The only costs are compensated by the broker: this is the difference between the purchase price and the sale price of certain units.
  11. The lack of a physical center. All transactions are carried out online. This means that the value of currency pairs depends only on supply and demand, and for this reason it constantly fluctuates.
Disadvantages and risks of Forex
But not everything is as beautiful as it seems at first glance, since the Forex market is always associated with a certain risk of capital loss. If you make a wrong prediction, you will lose money. To avoid this, it is necessary to implement a strict money management strategy and trading system. Thus, the risks are not canceled, but at least controlled.
There is also another class of very dangerous risk. There are wonderful, reliable, safe, affordable low margin brokers, and there are others whose only purpose is to trick traders. But, fortunately, this type of risk is easy to control: just analyze the broker before registering with him, look at the reviews on the forums and check if the broker is a legally authorized and regulated measure of the European Union.
And, most importantly, remember, the Forex market is a very speculative market. Despite the fact that it reflects the financial competitiveness of the economy in the long run, the foreign exchange market is very speculative and volatile. This means that investors must be prepared to withstand strong levels of volatility and conflicting signals.
submitted by alex_fortran to u/alex_fortran [link] [comments]

I hate living in Israel

I moved to Israel six years ago.
How that happened:
I am Jewish (you probably guessed) and bought into the idea that it is our ancestral homeland.
After being taken on one of those free two weeks tours, I became captivated by the country and planned to move there. It took a few years of planning for that wish to come to fruition.
To be honest, I still believe in Jewish people's right to be here and that a Jewish country is the only natural environment for a Jew (particularly an observant one) to live in. I just happen not to like the one country that fits that criteria very much, or many of its citizens - and that also happens to be the country I live in!
I also believe that is Israel's responsibility to help realize a just and lasting solution to the Palestinian "problem". In my view, that is not reconcilable with endlessly occupying the land they live on and subjecting them to military law. But that aside...
The Israel I visited as a tourist and the Israel I live in as a citizen are like two completely countries. So much so that if I were a conspiracy theorist (I am not!), I would practically believe the whole thing was an illusion.

Manners (Or Lack Thereof)

For whatever reason, manners are virtually absent here.
The stereotypes are 100% true.
Maybe I missed that earlier? I'm not sure, because some people with parents who were born here have told me that people have become ruder and more aggressive over the years. I tend to believe it.
You buy stuff in the market and shopkeepers just glare at you and slam your change on the counter without even bothering to say "thank you".
I feel like if someone tried that in NYC they might be asking for a fight!
Not a single person in my building knows how to close their door. My table jars every few minutes from the vibration of people slamming their doors.
People play music at all hours. And blare private conversations over their phone's loudspeakers because they can't be bothered bringing the handset to their ears. This varies a little by city (Tel Aviv is slightly more refined), but in general the culture is incredibly inconsiderate. Shouting is very commonplace (of course, it's just a "friendly argument"), honking on the roads is incessant, and people are too inpatient and inconsiderate to be able to form a queue. People will push grandmothers out of the way to get on a bus sooner. If it weren't sad, it would be funny.
Social cohesion is sorely lacking, IMO, as evidenced by the massive amount of splinter and minority parties that form before every election.
Everybody is in a tribe or, if not, an "enemy" (read: an Arab).
The sad and blunt truth is that it's a crude, racist society that even has a problem with some of its own (see: treatment of Ethiopian Jews).
(BTW, this is something that gets discussed a lot among Jews that voluntarily move here. People come up with all manner of BS excuses to justify it. "It's directness." No, it's atrocious manners. "There are no words for basic courtesies in Hebrew". Yes, there are - open a dictionary! "It's Middle Eastern". Travel to Egypt and Jordan. People have manners there. Unfortunately, most people that have negative things to say about the country get silenced by the aggressive "nothing can be wrong here" brigade.)

Prices

Prices are insanely high and, as far as I can tell, the situation is only getting worse.
Generally, those prices are for crappy products imported from China and heavily marked up. Or the local stuff sold by a company that is part of an oligopoly and would never survive in a free market environment. Customer service is almost non-existent - or at least, has the local twist which is "the customer is always wrong". And of course - those wonderful overpriced products and services are sold to you by often rude ungrateful people.
Working here also flat out sucks, IMO.
The world has bought into the myth that Israel is a land of amazing startups where everybody is swimming in opportunity.
The reality is that more than 90% of the economy is employed in protectionist dysfunctional companies and Israel has one of the lowest per-capita productivity rates in the OECD (feel free to check the numbers - it's late at night here and I'm trying not to lose the 'flow' of this). It's capitalism with all the benefits taken out. The socialist/kibbutznik backbone that formed the society is dead. Income inequality, as measured by the Geni coefficient, is among the highest in the world.
If you're not a Java developer or help run one of the ports (don't ask - monopoly!) you can expect to be paid a salary roughly a third lower than the West - while living in one of the most expensive countries in the world. A good chunk of immigrants here are employed in scam industries, including (but not limited to) binary, forex, and other international "scams." They attempted to regulate these, but due to corruption and cronyism, largely failed. Just as they attempted to pass a fair rental law which had about the same result.
To add insult to injury ****, Israelis are C-H-E-A-P***\* in my opinion (given the pejorative Jewish-money stereotypes, I realize that this is something that would be problematic/difficult for a non-Jew to assert).
You see this in the workplace. You're expected to work like a slave while your miserly employer tries his best haggling skills to pay you as little as possible. Unsurprisingly, Israelis founded Fiverr and have proven very eager exponents of the offshoring model, where they can find people willing to work for even less than olim hadashim (Jewish immigrants). Israelis love bargaining and will treat anything that involves money as a game whereby they attempt to keep as much of it as possible.
In terms of conditions - the minimum number of vacation days are 12 while the working week is 45 hours. Again, for pretty miserable salaries. Public holidays, which are relatively few, do not roll over if they fall out on a weekend. In general, a cultural of professionalism is sorely lacking. My strongly held opinion is that the best have already left.
Also: a bunch of Israelis sponge off their families until well over their forties. The country is also awash with Jewish immigrants who mysteriously seem to survive despite never having held a job in their life. The explanation? Their familiar are sponsoring them.

Religious Coercion / Weekends

Because of the Jewish Sabbath (during which public transport does not run; shops start closing half-way through Friday), you never even really feel like you've had a proper weekend.
Property is the worst of all. Astronomically expensive.
Taxes on new cars are almost 100% so almost everybody drives beat-up second hand ones, if they have one at all (it's considered a luxury). And the standards of housing - from anybody comparing it to the West - is relatively abysmal. There's a great Facebook page with some photos of the worst rentals on the market. Even if you don't read Hebrew, just take a look at some of the photos.
The first generations that came here have done a nice job at monopolizing large segments of the market and housing stock so are well taken care of.
For virtually anybody else, their future is renting (from rude slumlords!)
Hotel prices are also outrageous, and there's the added insult of having to pay more for rooms if you're from the country. People here literally fly to Europe because it's cheaper than staycationing in this ripoff!
Want to console yourself about that with a nice mango? Even fruit here has become expensive recently. The only thing that's cheaper here than the West is healthcare and public transport. It's a great country to be on the breadline in. To thrive financially? Not so much.

Politics

The public endlessly votes for a lying, corrupt prime minister who has just let the parliament dissolve in his pathetic bid to avoid fraud charges.
The country is apparently rapidly descending into a religious dictatorship and nobody seems to care - yet it still has the nerve to call itself "the only democracy in the Middle East."
The school system is failing and a segment of the population which doesn't work or paid taxes (the ultra-Orthodox) have somehow wound up in the position where they pull all the political strings.
People, for a reason I can never understand, generally seem to simply accept the status quo.
They are content with simply surviving and not being obliterated by Iran/Hamas/Hizbullah. As someone that didn't grow up in that security environment, this seems baffling to me. I feel like grabbing hold of one of Netanyahu's voters and asking him/her "That's truly all you aspire towards?"
The most that happens is some journalist (automatically branded a "leftist" by the right-wing majority) writes some article in the Opinion section of Ha'aretz. The last time people got out on the street to protest in significant numbers was years ago (remember the cottage cheese protests?). In Greece, the riot police get called out to put down mass protests. Here, people are happy to simply survive (sort of).
Why does the average person here vote for Netanyahu?
You know, because things are so great here and some third-world tycoon has been to visit (this is advertised as "unprecedented diplomatic achievements.").
Oh, and the economy has "never been stronger" (even though the country also has an enormous poverty problem and many people are struggling to simply get by).
I have a bad habit of checking Google News every few hours.
Reading those articles just makes me angry.
But it's really nothing more than a reflection of how people are on the street.
Rude. Aggressive. Argumentative. Demanding. Always in the fricking right. Also locals here literally never apologize for anything (that would be considered too "weak" to fit in with the local culture).
There's also this weird fetish with strength and the military here that I find disturbing. You see it in slang a lot (an "explosion" also means a good thing, like "that party was an explosion" is an idiom for "that party was a great time").
Being human (such as letting somebody cut ahead of you in line at the supermarket because they only have a couple of items) is branded as "weakness" and frowned upon. As is having manners. To be honest, I believe that the culture here is best described as "sick".
Israel has made me feel like an old man, even though I'm far from that.
All I want, at this point, is a basic quality of life.
Things like a non-minuscule apartment in which to live. Decent professional opportunities that don't involve working for some (usually shady) startup simply trying to use my English to get some investor to pump money into them so they can offshore everything to the US. The possibility of a week's vacation in somewhere that isn't a dingy ripoff staffed by rude people! And to hear somebody say "thank you, have a nice day" when I buy an apple from them!
I travel abroad a couple of times a year and usually feel like I've stepped into another planet. It's like somebody is dispersing a fine mist of Valium from the air. Hard to put my finger on it but people just seem kind of sedate and relaxed!
People are less direct (I'll admit, I actually like the directness here!), but know basic manners, everything isn't overpriced, and people enjoy a real weekend! You can order stuff from Amazon and it actually arrives on time! Somehow, there's no shouting! People know how to actually form a line! You don't have to stand up for yourself simply to not be pushed over!
I'm planning my escape (among other things), but I have to hold this in every day until I get out. I don't feel comfortable telling this to my friends (I rebrand it as "I'm finding it difficult here" without going into details) and I can't exactly broadcast my feelings to the average person on the street.
The truth is that I'm not as miserable as I sound.
I've been doing some self-work recently just to cope with living here. Stress and all that.
My mindset has taken a shift to the positive. And I'm really grateful by how much it has helped.
But it doesn't make living here any less distasteful and actually made me much more inclined to write this here (why wouldn't I tell the world like it is - at least as I see it?).
BTW, I'm a real Reddit user but, because I'm paranoid about privacy, I set up a new account just to write this post.
So thank you, Reddit, for giving me the chance to put this into writing!
If you're also living, or have lived here, feel free to let me know your thoughts in the comments.
And if you haven't and are considering doing so, please take everything you have read and heard about the country with a pinch (actually, make that the entire carton-full) of salt!

Some Links / Further Reading:

submitted by unhappyoleh to offmychest [link] [comments]

How I use Volatility to my advantage (UK US open, late US etc)

[Only applies to M30 and lower]
What is volatility?
Volatility is the degree of variation in price of a given asset on a defined timeframe. When price moves quickly, market volatility increases. When price consolidates, market volatility decreases (simple definition). It is like the speedometer in our cars.
I usually add an Average True Range (ATR) on my charts to gauge approximately market volatility or market nervousness. However, it is not necessary, when you look at a chart you are able to tell if price is spiking, trending or consolidating.
Volatility is part of any strategy. It gives an expectancy toward future price action. In general, when market volatility is low, we expect significant support and resistance levels to hold price in a range. And when market volatility is high, we expect price to break these levels.
Volatility patterns
Fortunately, in the Forex market, daily volatility is predictable. We tend to see volatility peaks around major markets openings, which are the New York Stock Exchange (NYSE), the London Stock Exchange (LSE) and the Japanese Exchange. At the late hours of these markets, volatility tends to decrease.
These fundamental patterns are the most exploitable patterns in the Forex market. Yes, at least more exploitable than deceitful technical signals you are looking for. And they happen almost every day. However, there are exceptions. For example, we do not expect volatility peak to happen when countries of these big markets are on bank holiday.
EURUSD hourly volatility
The chart above shows the 4-weeks hourly volatility for the EUUSD pair. It is the average in pip of the difference between the highest and the lowest price of each hour of the day, over four weeks. Each bar represents the average in hourly range over four weeks.
There are two major peaks corresponding to the LSE and the NYSE openings.
Since the EUUSD is the most traded pair, we consider its volatility as "market volatility". In fact, the hourly volatility chart of the other pairs gives approximately the same pattern.
USDCAD hourly volatility
These charts were taken in May 2016. Take a look at Mataf.net’s volatility tool and type four (for four weeks) in the entry box. You will see approximately this same pattern in hourly volatility, with the two major peaks (UK and US opens) and decreasing volatility starting from the mid-US session. (Currently the pattern is disturbed by the brexit monster volatility, it will become clear again within few weeks)
We also have decreased volatility during the Asian session when there is no major news release coming from the Reserve Bank of Australia (RBA) or the Bank Of Japan (BOJ).
Asian sessions
These charts tell us market volatility is predictable. This leads us to define two principles:
First Principle: Around major markets openings (active time), market volatility tends to surge. We expect to see range breakouts, spikes or rallies. It is the best time to trade breakouts i.e., buying new highs and selling new lows.
Second Principle: During the late hours of major markets sessions and when major markets are closed (quiet time), market volatility tends to decrease considerably. We expect to see trading range or congestion in price action. It is the best time to range-trade i.e., buying the lows and selling the highs.
principles
Any trading strategy or system has to adapt to these variations in volatility to perform over time. If you are struggling with a particular strategy, maybe you are ignoring these changes in volatility.
How volatility patterns can help in improving your trading?
One cannot apply a strategy any time and expect to be profitable. When we simulate an automated and intraday trading system over three months without time filtering, we will notice the system is only profitable at certain hours of the day. This simply reflects intraday volatility variations.
You have to determine if your trading strategy is a trend following method or a range trading one.
If your strategy is a trend following approach, you will want to only trade around major markets openings to maximize profits. Otherwise, you will tend to give back profits as price slows down in the mid-session and market volatility decrease.
If your strategy is a range trading or reversal approach, you will want to only trade during quiet market time and avoid trading around market openings or around news releases.
Less trades maximize profits. Most of my trading sessions last less than one hour.
I made a portable document of this.
submitted by alm_hd to Forex [link] [comments]

Best Time to Trade

One of the most important aspects when trading binary options is to know when to trade the market. Even though trading on foreign exchange options, stock options, commodity options and index options is available 24 -hours a Day, five days a week, not every hour or minute is worth trading.
There are different hours during the day and different days of the week which see more volume and liquidity than others, resulting in high volatility and opportunities to maximize trading. Efects of timing
As a binary options trader, you proft when you correctly predict the direction of an asset price. Volatility is therefore essential to maximize the chances of you increasing your return on investment. Studies have shown that the most active trading hours occur during the European session. In the US, trading activity picks up sharply around 8:30 am EST. this is due to the release of closely watched US economic data, which generates the liquidity and volatility needed for the underlying asset to reach its target price before the option expires. Prices become most volatile when the US releases its monthly non-farm payrolls report on the frst Friday of every month. In contrast, markets will be less active and liquid during major holidays in the US and Europe, resulting in subdued trade. Best days of the week There are days that see more volatility and price action than others. According to The research, Tuesday and Wednesday are considered to be the most active trading days of the week. Friday is also recognized as a high-volatility trading day, especially during the hours when European and US trading sessions overlap. During the second half of the day, price movements can be very unpredictable. Learn More
Most forex traders are more successful during the late US, Asian or early European trading sessions – essentially 2 PM to 6 AM Eastern Time (New York), which is 7 PM to 11 AM UK time
submitted by mduzzl to binaryoption [link] [comments]

Day Trading Forex Live during Active Market Hours – XTrade ... The Easiest Forex STRATEGY! You must watch! 🙄 - YouTube The Lesson 14: What are the best times of day for trading forex? Why Trading Forex is so Difficult - Randomness in the ... Forex Trading: 4 Hour Time Frame Winning Strategy - Yusef ... Biggest Forex Trading Tip For London Breakout Trading USE FOREX TRADING HOURS TO INCREASE PROFITS!  MARKET ... Accessing Extended Hours (or Pre-Market) Data in ... The Best Times to Trade the Forex Markets - YouTube

Forex Holidays 2020. If you’re trading on Forex (Stocks), it’s important to know when Forex weekends and National holidays occur. Banks (and forex brokers) would not have full services and benefits. Mostly brokers are also not available on holidays. On Forex holidays you see low liquidity on market. But after the market opening, activity ... The 1st reason to not waste time knowing Forex trading hours holidays is simply because of the extremely low market liquidity. All the big market boys like Hedge Funds and Banks/Financial Institutions don’t operate during holiday seasons. They prefer spending time on some beach sulking the sun then thinking about surge in USD or decline of JPY. The Forex market is open five days per week and 24 hours a day excluding certain public holidays. Stock markets will normally be open for the business day during the particular country's trading session. For example; if looking to trade ASX stock in Australia, then you would have to make trades between 10.00 am and 4.00 pm Australian time. If looking to make Forex trades you could trade from ... Forex trading is available 24 hours a day from 9:00pm GMT (10:00pm BST) until 9:00pm GMT (10:00pm BST) on Friday, including most U.S. holidays. Please be advised of the potential for illiquid market conditions particularly at the open of the trading week. These conditions may result in wider spreads for some currency pairs based on market liquidity. Likewise Forex doesn’t work on holidays, for example Christmas, New Year, and Easter. To know the schedule of trading sessions on the Forex market is also useful because currencies behave differently according to different trading sessions. For instance, yen usually “wakes up” and starts to move actively during the Asian session, while ... forex market hours during holidays – forex trading hours, market sessions. March 18, 2019 admin Forex For Beginners. Previous. Positioning Yourself Prior To Economic News Release – Forex Trading Strategy Q&A. Next. Hercules Capital: Massacre, What To Do Now? – Hercules Capital, Inc. (NYSE:HTGC) Be the first to comment Leave a Reply Cancel reply. Your email address will not be published ... See the Market Opening and Closing Hours for various markets, and be informed of upcoming bank holidays. US: +1 213 992 4748 ; Contact us Live Trading Demo Trading MyMultiBank. ABOUT PRODUCTS PLATFORMS ACCOUNTS TOOLS PARTNERSHIP EN. Español русский العربية Việt Nam Bahasa Indonesia Bahasa Melayu Français ไทย. About About Why MultiBank Global Presence Regulations ...

[index] [9575] [7449] [27887] [25520] [9303] [3274] [1165] [27091] [25354] [29555]

Day Trading Forex Live during Active Market Hours – XTrade ...

In this video, Jason Smith with RealLifeTrading.com will walk you through how to easily access Extended Market Hours (or Pre-Market) Data within TradingView.... The 4 forex strategies that every trader should know ! 🚨🚨Trading Performance 🚨🚨 Improve Your Trading Performance at our Fundamental Trading Academy https://w... Learn how to trade Forex TODAY! the forex market is the millionaire's secret to extraordinary success. Join the Mirrored Millionaire's Forex Group TODAY and ... The major forex trading hours and forex trading sessions explained in detail for you. Aside from the forex time zones, I also want to talk about the forex ma... Get more information about IG US by visiting their website: https://www.ig.com/us/future-of-forex Get my trading strategies here: https://www.robbooker.com C... The Best Times to Trade the Forex Markets. Subscribe if you want to learn while being entertained. Please like the video and comment if you enjoyed - it ... It's been a "crazy" session for dollar yen in the past twenty-four hours, according to Saxo Bank Forex traders this Wednesday. After US job figures on Tuesday, it traded higher. 5 MINUTE Forex Trading MARKET OPENS And ORDER FLOW - Duration: 10:40. Stacey Burke Trading 4,502 views. 10:40 . London Breakout Strategy Micheal Tawill - Duration: 49:44. Investor Inspiration ... We interview traders & educators regularly. Subscribe if you want to learn while being entertained. Please like the video and comment if you enjoyed - it... CLICK HERE FOR MORE INFO: https://rebrand.ly/forex33 And start earning in the Forex Market Now! In our expanding multinational company setting, there are bus...

http://binary-optiontrade.matchtrac.cf