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Technical analysis is the most important thing you need to learn as a currency trader. Being a fulltime trader, you should master the art of technical analysis to survive in the trading business. Those who are making consistent profit know the ins and outs of technical analysis. So, what is technical analysis in the Forex market? This is nothing but using the advanced tools to find the potential trade setups in the higher time frame. If you learn to use this tool efficiently, you can easily make big profits from this market. The professional traders use a wide range of tools available in the trading platform. Today, we are going to discuss the top four tools used in technical analysis by pro traders.
Trend line tools
The trend line tool is the most basic thing that allows you to trade the market with a high level of accuracy. Most of the time, the retail traders are losing money since they rely on indicators reading to find the trend. But with the help of the trend line tool, you can easily find the potential trade setups in the market with a high level of accuracy. Being a fulltime time trader, you should learn to use the trend line tool like the elite traders in Singapore. They use it in the daily time frame so that they don’t have to lose too much money using this tool.
Horizontal line tool
This is used by traders to find the horizontal support and resistance level in the trading instrument. Unless you can find the key trading zone, it is really hard to survive in the ETF industry. Though the tool is very easy to use, the naive traders often make mistakes while drawing the support and resistance level. To find a valid support line, you need a minimum of three connecting points. On the other hand, to find a critical resistance line, you need a minimum of three connecting points. Once you have found the critical support and resistance level in the trading chart, you can execute the trade and make a decent profit without risking too much.
Fibonacci retracement tool
The Fibonacci retracement tool is mostly used by professional trend traders. If you want to trade the market with the major trend, you need to learn to trade with the Fibonacci retracement tool. With the help of the Fibonacci retracement tool, you can find high-quality trades in the market. Instead of using all the retracement levels you should be using the 38.2%, 50% and 61.8% retracement level. If for any reason the price breaks below the retracement level, you should consider it as a sign of trend reversal. To maximize the profit, you should use the price action signals to trade the retracement levels. Though it’s a very complicated task, with the help of basic tools, you can easily improve your trading skills and make a decent profit.
The equidistant channel is mostly used by skilled traders who know the perfect way to execute the trade in the market. But when you draw the channel, make sure you rely on the market dynamics. If possible learn to trade the market with the help of the price action signals so that you don’t have to lose a big sum of money. Trading is all about finding the perfect trades. If you draw the channel with a high level of accuracy, you can expect to make a decent profit without losing too much money. Learn to deal with the major trades in a very efficient way so that you don’t have to lose trades even after learning the use of these premium tools.
We have discussed the 4 most important trading tools used by the professional traders. If you want to make consistent profit from this market, try to use this tool in the demo account first. Learn their use properly before using them in the real market.
There are some of the Indian cities which are older than time. Therefore, we must know which cities are they, and what has been their history!
1. Varanasi (1200 BC–)
Varanasi is one of the oldest cities of India, and has been a center of religious and cultural activity since the Bronze Age. In fact, this city might have been in existence from a very long time, since it finds mention in the Rig Veda. It is believed that the city of Varanasi was thriving for more than 1600 years before the fall of the Roman Empire in Europe. This city is one of the holiest places for Hindus and Jains, and even Lord Buddha gave his very first sermon here in 528 BC. In Hinduism, it is believed that dying in Varanasi brings salvation, which is the reason why the city is always brimming with pilgrims.
2. Ujjain (700/600 BC–)
Ujjain was once considered as one of the most prominent cities in the Middle India. In fact, the name of this city is repeatedly mentioned in the literature of that period, i.e. in the works of stalwarts like Kālidāsa. This city has seen the rise and fall of numerous empires, from the Mauryas to the Avantis, Nandas, and even the Guptas. This city, just like Varanasi, is also considered as one of the holiest cities in India, and hosts one of the officially recognized Kumbh melas, the Ujjain Simhastha Kumbh, in which people across the world take place.
3. Madurai (500 BC–)
Madurai been a major center of culture and trade for more than 2500 years. In fact, the name of this city has been mentioned in the writings of the great traveler, Megasthenes, and has been ruled by several empires from the Pandyas and the Cholas to the Karnata, and finally the British. Interestingly, ‘'Koodal,' was one of its ancient name which means 'a congregation of learned men'. There is no doubt that Madurai was an epicenter of scholars and religious teachers in the southern part of India.
4. Thanjavur (300 BC–)
Thanjavur was formerly known as Tanjore. This city is pretty famous for its Tanjore style of painting, which is a traditional style that is characterised by the use of gold foil, religious imagery, and simple compositions. This city is best known for being the home of the Great Living Chola Temples, which is now a UNESCO World Heritage site. Till date, people across the world visit this place in order to experience its rich history and heritage.
By- Digital Hub
I prefer synthetic wigs as it isn't something that I would wear all the time - just when I look different. Additionally, their ease of use is an essential factor for me. However, suppose you're looking to wear a wig for a fashionable accessory or as a way for you to show your personality. In that case, I'd recommend buying multiple synthetic wigs of various styles and colors instead of only the one human hair wig at the same amount. However, be cautious - only purchase top-quality synthetic braids that are more expensive as you might be disappointed by the new style you've chosen.
Synthetic Vs Human Hair Wigs
A decent human hair wig will cost more than one made of synthetic. This is due to the supply of hair. While synthetic fibers are produced as needed, but long hair of women of good quality is in scarce supply. Human hair of the highest quality comes that comes from Eastern Europe, which is very low. The highest synthetic wigs are afro short wigs If you are looking for a human hair wig, the cost is more expensive and usually exceeds five hundred dollars, contingent upon the size. But you can find both kinds of wigs at a discount price from online stores that specialize in discount hair wigs. Cheap wigs aren't at any time inferior in quality; they're just not the latest models. If price is a concern, you should always purchase a high-quality synthetic wig instead of a low-quality human hair wig.
Require a Wig
If you're not sure of which wig you should pick, However, our suggestion is to choose the highest-quality human hair wig, especially if you plan to make it your style of the moment and wear it all day. Human hair wigs are the best choice for those who require a wig due to loss of hair. However, go for an artificial wig if you want to enjoy the way you look and change your appearance now and then.
Also read: Gemstones: Fashion Statements
In today's society, the wearing of a hair wig has become more common. A hair wig is an easy method to alter your appearance at any time you wish quickly. Women are more drawn to these wigs since they can change their hairstyle with ease. Wigs are usually worn by those who have shed their hair or those who wish to alter their hairstyle to be fashionable.
Human hair wigs on display at a store Image source: Photo by Markus Spiske on Unsplash
There is a variety of hair accessories in the market. They range from inexpensive to costly depending on their materials, style, and quality. If you're in search of a wig, then be sure to keep several factors in mind. First, the wig should be able to fit comfortably on your hair without making you appear odd. Additionally, the color of hair that is a part of the wig must match your physical appearance. Below are various hair accessories utilized by the majority of people.
If you are purchasing a human hair wig, make sure you know the origin of the hair. If you're looking to invest a few hundreds of dollars on a wig, it's recommended to purchase one of European hair. However, if the wig's label reads "human hair wig" without stating the origin for the hair, it's most likely made of Asian hair.
Also read: Latest Monsoon Fashion Trends
Human hair wigs have many advantages:
Human hair wigs last longer than synthetic ones
Human hair is soft and natural to the touch.
Human hair wigs can be dyed and styled as your hair
Human hair wigs "breathes" and your scalp won't sweat more than it does under one
Human hair wigs need to be styled at least once per wash
Human hair wigs are costly
While you can find numerous styles of synthetic wigs, but there aren't all fibers produced in the same way; for example, wigs that are costume-related for Halloween are typically made of lower quality fibers, which are expensive and appear to be the hair wig. For Halloween parties, this is okay, but for everyday use, you'll need a wig that looks like it's been growing around your head. On the other hand, contemporary synthetic materials utilized in top-quality designer wigs look highly practical for those who want to look realistic.
Disclaimer: (This article is sponsored and include some commercial links)
The prestigious British-based, Booker Prize, is one of the most prestigious and acclaimed awards given annually to the best work of fiction. This award is given to a work of fiction which is primarily written in English language and published in the United Kingdom or Ireland by the writers of any nationality.
This year, six authors were nominated for their work of fiction, and the winner will be announced on the 3rd of November.
The books which were shortlisted for the prestigious Booker Prize 2021 are:
1. The Fortune Men by Nadifa Mohamed
British-Somali writer, Nadifa Mohamed's novel, 'The Fortune Men', is a chilling reimagining of Mahmood Mattan's story. Mattan, who is the main character in the book, was a Somali seaman who was wrongfully imprisoned and executed for a murder in Wales.
2. Bewilderment by Richard Powers
Pulitzer-winner, Richard Powers' book is a story of a young astrobiologist, who is in search of finding life on other planets, and his troubled son, Robin. The book is a mixture of sci-fi and family romance. Interestingly, this is Powers' first book after winning the Pulitzer Prize in the year 2019.
3. Great Circle by Maggie Shipstead
This book is about the lives of pilot Marian Graves and Hadley Baxter, who was a troubled Hollywood actress. In the 1950s, Marian embarked on a journey to travel the world but then disappeared without a trace. Fifty years later, Hadley is drawn to play Marian's character, which indirectly leads her to probe the mysteries of the latter's life.
4. No One is Talking About This by Patricia Lockdwood
This is the first book by the American poet and memoirist. " 'No One Is Talking About This' is like a love letter to the endless scroll and a profound, modern meditation on love, language, and human connection from a singular voice in American literature," reads the book's blurb. This book was also one of the finalists for this year's Women's Prize for Fiction.
5. A Passage North by Anuk Arudpragasam
The Sri Lankan author's book tells the story of a young man who travels to Sri Lanka's war-torn North. The story deals with the themes of loss, longing, the legacy of war, and how it affects everyone. The author had earlier won the DSC Prize for his debut book "The Story of a Brief Marriage".
6. The Promise by Damon Galgut
Damon Galgut is a South African author. In this book, the author pens down the story about a white South African family living around in Pretoria, and the crisis they face during the last few years because of apartheid.