Category Archives: Finance

The New York time between 3:00 PM EST to 7:00 PM EST is best suited for scalping with the counter trend strategy. Off hours between 3:00 PM and 7:00 PM EST is when all the world banks are closed. The U.S. banks are closing their doors and the Asian banks have not yet opened. This is a great time to scalp the market using a counter-trend strategy, because no larger banks are moving money (i.e. the markets) at that time. Just as with the London close, there is no set way in which the New York afternoon market plays out. On more active days where prices have moved significantly, the lower liquidity can cause additional outsized price movements. So traders just need to be aware that lower liquidity conditions tend to prevail and adapt accordingly. Continue reading →

Regardless whether or not you\'ve already heard of Forex trading and of the stories how many Forex traders became overnight millionaires from making successful deals, Forex trading still is a very risky business venture to go into that could make you lose all your money if you don\'t know what you\'re doing, if you don\'t have the right tools for it and if you aren\'t well-versed in all its aspects. In order to tip the balance in your favor, you will need to have help in the way of some Forex Made Easy guidelines as listed below. Continue reading →

Desire is a trait that distinguishes man from other species. Being social animals, our wants are not limited to survival only, we desire home, we desire comforts, and we desire luxuries. Fulfilment of these yearnings is not free of cost. Most of the time this cost is more than what we can afford. Our income and assets, at times cannot realise the price of our wants. Continue reading →

Credit is something many of us require at various times. Sometimes the pay cheque will not last out until the next pay day or we might have to make an emergency purchase at short notice. At times like this we need to gain credit as easily as possible. Continue reading →

It \'s really difficult to see that we as a people have not found from our past and are once again starting to cycle it. I\'m not trying to be negative just for the reason of bringing down your hopes but I\'m trying to save some heartache for someone and hoping that someone will pay very close attention to what I am about to say. Continue reading →

Swing trading means that your trade can run for several days as long as your profit targets are not met and the trend does not reverse itself. Swing traders believe in the saying, Trend is your friend. Most of the day traders end up being swing traders. A swing trader may have started as a day trader. Either they scaled out of a portion of the position, set a stop loss objective and kept the trade running as the market kept moving in the desired direction. Continue reading →

With industries collapsing every now and then, it is not uncommon for people to wonder which industries are going to survive the mighty axe and live at least for some more decades. As one is confused with the career direction to pursue, it is become for people to dabble in things they had previously disregarded. Continue reading →

One of the most underused types of business facility, and the one not given full recognition, is the business credit card. Although larger businesses use the business credit card to a large extent, smaller companies have not quite grasped how useful it could be to them yet. Although a business credit card has more requirements and has higher interest rates compared to other types of credit cards there available; contrary to common belief, it can be very helpful if used properly. Continue reading →

Life insurance can be categorized as either \"whole life insurance\" or \"term life insurance\". Essentially, the difference is that whole life insurance is designed to provide coverage for the duration of policyholder\'s life while term life insurance provides life for a specified period of the policyholder\'s life. Continue reading →

Operating penny shares is like going into an auction. How does it start? An asking price is set at the lowest value and then when the bidding starts, the price rises. If you\'re the seller, you check your starting price and compare it with the current bid. If your selling price is met, you trade and then the transaction is closed. The difference with an auction is that the price doesn\'t go down. Stock prices do. Today there a number of techniques being developed to monitor your penny stock info and bidding. Continue reading →