বিডিফরেক্সপ্রো' ফরেক্স সংক্রান্ত সব আলোচনা, মতামত এবং ফরেক্স শিক্ষা বিষয়ক এক উন্মক্ত এবং অনন্য স্থান। মান সম্মত আলোচনা, প্রতিনিয়ত গুরুত্তপুর্ন সব ট্রেডিং স্ট্রেটিজি এবং এনালাইসিসের মাধ্যমে সঠিক ট্রেডিং গাইডলাইন প্রদান বিডিফরেক্সপ্রো'র অন্যতম প্রধান বৈশিষ্ট। এই ফোরামে রেজিস্ট্রেশন সম্পূর্ণ ফ্রী। পোস্ট এর পূর্বে অনুগ্রহ করে ফোরাম নিতিমালা গুলো পড়ে, বুঝে পোস্ট করুন। ধন্যবাদ;
By Uzzal Sheikh
Since the introduction of decentralized finance (DeFi), so many blockchain developers have developed different projects to solve the inherent problems faced by traditional payment channels. The DeFi space made it possible for the creation of Non-fungible tokens. As such, digital creators can now make money from their efforts.
With the right knowledge, trading tools, and NFT marketplace updates, digital content creators can improve their trading experience and make even more profits. Whether you are a professional or a new NFT trader, access to news updates on the happenings of the NFT marketplace can increase your chance of value for your money.
While there are several platforms offering useful NFT marketplace news and updates, NFTMedia stands out due to its accuracy and reputation.
What is NFTMedia and why should you choose the platform? Read on to find out!
What Is NFTMedia?
NFTMedia was developed with digital content creators in mind. Established in November 2020, NFTMedia is a reputable platform where content creators can fetch reliable trading information regarding the NFT marketplace. Whether you are a beginner or you have been trading NFTs for a long time, you can rely on NFTMedia to make profits from your digital works.
Why Choose NFTMedia?
NFTMedia is a reliable source for everything NFTs. NFTMedia offers 100% accurate and reliable news and updates about the NFT marketplace. If you are a content creator, you can improve your trading experience with NFTMedia.
NFTMedia will tell you the next NFTs to invest in. You will also learn trading strategies to fetch you the most profits.
Passionate about joining NFTMedia? Then visit https://twitter.com/NFTMedia to get started. NFTMedia promises to always update you with real-time NFT reports and daily news. Whether you are a newbie or a professional NFT trader, NFTMedia has got you covered. Follow the Twitter page and trade like a professional.
By Uzzal Sheikh
With Bitcoin and other cryptocurrencies gaining more momentum at the start of the new year, so many crypto traders and investors are on the lookout for a viable software that would connect them to professional brokers in real-time. If you are one of such crypto enthusiasts, then the search is over.
Bitcoin Profit App is an application built with crypto investors/traders in mind. The app is user-friendly and can connect you with a professional broker living in your neighborhood within seconds.
Want to know more about the Bitcoin Profit App? Then read on!
What Is Bitcoin Profit App?
Bitcoin Profit App is an application developed by talented financial experts, Blockchain experts, and analysts to help traders or investors who are passionate about earning passive income off the crypto market. The application is designed in such a way it links you to a licensed broker in your region, thereby saving you the time and energy you would have exerted searching for a credible broker to handle your trading needs.
All the brokers recommended by the app are generally not exposed. Their services are affordable and they offer unlimited investment plans, live training via web or phone, high-quality e-books, as well as "how to" tutorial videos for beginners.
Benefits of Bitcoin profit app
Aside from linking you up with a licensed broker in your domain, you will benefit the following using Bitcoin Profit App:
● 24/7 support: Bitcoin Profit App has a 24/7 dedicated support system through phone, email, and live chat for you to ask any questions bothering you.
● Trading signals: You will also get accurate trading signals to optimize your profit potentials.
● Notification: With Bitcoin Profit App, you will receive up-to-date news and trends happening on the market. You can set your preference to receive the notification via SMS or email.
● Unlimited Deposit Options: Deposit and withdrawal are a breeze with Bitcoin Profit App. The options supported are Credit/Debit Cards, Skrill, Bank transfer, etc.
Passionate about taking advantage of Bitcoin profit app? Then visit the sign up page - https://www.bitcoinprofit.app/signup/ complete the account creation form, verify your account, and receive a phone call from one of their experts. Congratulations! You can now start earning from your digital financial assets.
By Uzzal Sheikh
The world has seen various pandemics throughout the years. However, this particular one, Corona Virus 2020, comes at a time of high levels of international travel and trade. Globalization has brought people closer and also made financial markets more interdependent. These two factors have contributed in making the Corona Virus 2020 the latest detonator of the current financial market crisis.
The Corona Virus 2020 was first detected in China, in the Hubei province in December 2019. It quickly spread to a number of other countries taking the local epidemic to a global pandemic.While the Chinese government acted relatively quickly, locking-down the population of Hubei province, western governments were more reluctant in doing so.
The hesitation was probably due to the consequences of a partial or total shut-down on economic activity. Mediatic pressure in many cases is what forced various governments into taking tough action to fight the spread of Corona virus 2020. Of course, the consequences are in the making. Economic activity has been reduced in all the countries where the local government took unprecedented action in an attempt to stop the virus from spreading. The restriction governments have enacted have led to a large reduction of economic activity and consequentially to a financial market crisis.
Political leaders are trying to balance the need to protect lives and the need to protect economic activity. People cannot live well without jobs, yet there would be many deaths if action is not taken to prevent the spread of the virus. Some countries declared a state of emergency even with just a few deaths, such as Portugal or Taiwan, whilst others such as Sweden have decided to stay open and allow economic activity to continue. The USA is somewhere in between, while some areas like New York or California are on lock-down other parts of the country are still going about their daily business.
Where were before coronavirus caused the financial markets crisis?
The economic situation before the current financial market crisis was that of a global expansion. Some countries were racing ahead, for example the USA, other countries although not at such a fast rate were still enjoying the benefits of economic expansion. The USA was expanding at a growth rate for GDP of 2.3%, with unemployment at decades lows of 3.5%. Clearly the economy was beginning to heat up and analysts were reading the Fed as hinting that there may be the need of increasing interest rates soon, so as to smother an inflation spike before it happens.
In the UK also, economic activity was doing fairly well, before the onset of the financial market crisis, despite the Brexit uncertainties. GDP for the last quarter was increasing by 1.3% and unemployment was at 3.8% Both figures contributing to the FTSE 100 performance at the beginning of the year. The index was close to 7700 for the first 3 weeks of January, a level close to previous all-time highs of May 2018 above 7800. The pound had experienced a rally towards the end of 2019 where it reached a high of 1.3065 towards the end of December.That was after it had touched a recent low of 1.2025 against the US dollar in August 2019. It then, managed to stay above 1.2900 for the start of 2020 as news of the Corona Virus 2020 was still fairly muted.
The Euro area was also experiencing an increase in economic activity. The last GDP data, before the Corona Virus 2020, was an expansion of 1.3% in economic activity. Unemployment had continued to fall, with the unemployment rate going from 7.7% in May 2019 to 7.4% in December 2019. The Euro currency with concerns of the effect of Brexit on the union showed no signs of a well-defined direction. The Euro against the US dollar had been in a side trend during the last 3 months of 2019, with most price action between 1.0980 and 1.1180.
The Japanese economy, after having seen negative GDP growth for the second half of 2018, had begun to show signs of expansion before any news of the Corona Virus 2020. The annualized GDP growth for December 2019 rose to 1.7%. However, the Japanese economy seemed to be stuttering with the central bank still holding interest rates in negative territory. With the asset purchasing program still running, the yen continued in a stable bear trend against the dollar. The USDJPY continued to rise throughout the second half of 2019. The pair went from a low of 104.44 in August 2019 to a recent high of 112.23 in February 2020.
The financial market crisis in 2020 deciphered - Will this lead to a global recession?
The USA has started to feel the effects of the financial market crisis which has come about in recent months due to the global spread of the Corona Virus 2020. Whether your opinion is that the government has been too relaxed in taking action, or you think the priority is keeping the economy running. The fact is the Corona Virus 2020 is taking its toll on most economies, including the US. The latest employment data showed that job creation diminished by a whopping 700,000. Non-Farm Payrolls for the March release came as a surprise. The data was expected to show a reduction in jobs of around 100,000. Many economic analysts from the USA are now seeing a likely contraction of GDP, some analysts marking that as much as a 2% decline in economic activity.
That fares comparatively well to the Euro area, which was hit earlier on and harder. Although expectations of the impact of the financial market crisis are still in unchartered territory, it’s easy to predict that economic inactivity will have consequences. Analysts of the Euro area predict sharp contractions especially for economies of Spain, France, and Italy. For the Euro area as whole analysts see the 1Q GDP contracting slightly, with more severe effects of economic shut-down in the second quarter. The Corona Virus 2020 induced economic contraction for 2020 is seen at around 6%. The EURUSD hit an unusually volatile period once the headlines started reporting the expansion of contagion and deaths throughout the globe. The Euro hit a low of 1.0778 on 20th February, to then race back up to a high of 1.1495 by 9th March. It then reversed its bullish trend to fall back to a recent low of 1.0638 on 20th March. The whipsaw price action mostly due to news of how badly the Corona Virus 2020 was affecting the economies in Europe or the USA.
The UK is also in the spotlight. The UK government has been criticized by many for its tardy response to the Corona Virus 2020 outbreak. With the prime minister in hospital, more than 73,758 contagions, and 8,958 deaths, the economy looks set to take a pounding as the cabinet will be forced to implement increasingly restrictive measures. Some analysts see the UK economy falling by as much as 15%, even more, conservative expectations still call for a decline in economic activity by as much as 13.5%. Analysts also expect unemployment to reach double figures. This would give rise to an economic crisis much worse than the 2008 crisis. A worsening of the financial market crisis is likely to set to follow as the government piles on debt to finance spending so as to prop up the economy. The FTSE 100 took a beating as news started appearing of the high rate of contagions and deaths due to the Corona Virus 2020. The index plunged 35% from 7345.5 on its open on 24th February to a recent low of 4777.7 on 23rd March.
In Japan when news of the deadly virus first hit the headlines the yen rallied against the dollar, as the yen sought its status of safe haven currency.As Corona Virus 2020 cases jumped in the USA the USDJPY declined from its peak of 112.23 in February to reach a low of 101.18 on 9th March. Extreme volatility then took price back up to touch 111.70 for a few days. The announcement, by the Japanese central bank, of a new stimulus package and a rising contagion count in Japan helped fuel the rally.
Watch this video: The Coronavirus Recession (10mins 02secs)
The current status of the financial market crisis and what to expect next?
Although the economy showed signs of expansion the Euro started 2020 on a bear trend against the US dollar. Before the financial market crisis, the Euro was already struggling against the dollar, taking the price from its peak at the beginning of the year at 1.1225 to a recent lo of 1.0637 by mid-March. That trend was reversed for a few weeks due to the Fed’s surprise interest rate cut. The central bank slashed rates by 0.50% to 0.00% and committed $700 billion to its asset purchasing program. The EURUSD rallied to a recent high of 1.1495 over the next three weeks, thanks mostly to the reduction in interest rate difference.
The pound took a slide down to 1.1409 by mid-March and since has managed a slight recovery. The past two weeks, however, have seen most price action confined between a low of 1.1215 and a high of 1.2485. Restrictions are beginning to kick into place and the consequences are still to be felt. The investors are still on edge even though the FTSE recovered some ground in the last week. From the onset of the financial market crisis the index dropped to its recent low of 4777.70 Despite the uncertainty the stock market has since recovered some ground with Friday’s close at 5876.00
Japan has been less affected by the Corona Virus in 2020 and consequentially by the financial market crisis. The number of contagions at 5,347 and deaths at 88 compare relatively low to countries like the UK, Spain or Italy.
The yen is often seen as a safe haven in times of financial market crisis. Although this time the extreme volatility experienced in most financial markets has not allowed the currency to fully experience that role. After reaching a recent high of 109.38 the USDJPY spent the past week in a bear trend, reaching a recent low of 108.38
How We Can Help as a Platinum Trading Academy
Here at Platinum Trading Academy, we will help you achieve the mindset and the knowledge necessary to be a successful Forex trader. Every trader needs to manage risk in a disciplined manner, we will help you outline your limits and teach you to stick to them. We will help you learn the ins and outs of the Forex markets from people who trade the markets professionally every day.
Are you experiencing inconsistent trading profits? Are you spending more time looking at charts and deciphering a strategy than actually trading? We will help you improve your consistency and develop trading strategies that work. We will address finding the right entry and exit points, or to manage the sensation that your profits and stops are simply always missed. Traders also need to know which are the most active trading hours. You will also learn what makes the markets tick. What headline news are the ones to spark a move? Why a currency might reverse its trend or start a new one. You will also learn how to trade event news, ever wondered what is so special about Non-Farm Payroll data?
If you are a beginner, you will get a free session. This is for traders that are completely new to Forex trading. We will explain what the Foreign Exchange market is and how you can profit from trading them. As well as, how to earn a secondary income trading Forex markets.
On our platform you will see we have various resources, including a Forex Masters Programme and an Elite Trader Programme. Along with trading videos, strategies and much more.
Would you like to learn how to trade the markets? Lets Get Started!
If you are thinking of getting started in Forex trading, or you are a veteran trader that wants to take their skills and profitability to the next level, you have landed at the right place. We have a number of programs, and we do not believe in one size fits all. You will be mentored by the best professionals in the industry on a personal basis. It’s very easy to get in touch, you have various options: our telephone number
+44 (0) 207 193 2931, email email@example.com or through our online chat.
The Platinum Formula:
Perfect Fundamentals + Perfect Technical Analysis + Perfect Logic + Perfect Risk Management = Perfect Trade
THE PLATINUM WAY
At Platinum Trading Academy, United Kingdom, we teach all individuals from different walks of life to become a full-time trader or create a secondary revenue stream by trading part-time. We trade in an Institutional Way by letting the market come to us and being patient. Using Platinum’s Trading system you can take many Pips out of the market. We can ensure using this style of trading your trading will make a turnaround as you will become much more consistent.
If you want to trade like the professionals do, making consistently profitable returns from your trading, get in touch with us and we will demonstrate live exactly how we approach the markets.
Download our free ebook to read about the various Trading Patterns that work in the Financial Market. Watch Trades of the Week Videos in our video gallery. Subscribe to Platinum’s Forex Newsletter.
Hopefully, you have enjoyed today’s article. Thanks for reading!
Have a fantastic day!
Live from the Platinum Trading Floor.
Read further on https://www.platinumtradingacademy.com/coronavirus-financial-market-crisis/
By Uzzal Sheikh
Trading floors were a popular platform for transactions on equities, futures, and Forex. However, numerous advances in technology have made them obsolete. At first, electronic trading took over the financial markets. Then algorithmic trading became the norm. Today, online trading platforms facilitate the initiation and completion of financial transactions. For example, you can use them if you want to trade Forex, stocks, cryptocurrencies, or commodities.
There are so many forex-related pages or forums to source for information as a trader. But one page that has proven to be outstanding is Trad.ingstartup.
Successful traders understand the market and make use of low-risk, high-reward strategies. Some of them share this knowledge with budding traders through tutorials. Trad.ingstartup offers you the best tutorials from experienced traders. They update these tutorials regularly so that they reflect the prevailing market conditions. Analytical materials are available as well. These give you insights into the market so that you can make the right trading decisions.
Furthermore, following top traders is an excellent idea, if you want to increase your chances of success in the financial markets. That’s because they often know something about the markets that you do not. You can find these top traders on Trad.ingstartup page. This page will allow you to see the activities of these top traders and allow you to copy their moves. The best part is that you can automate this process. This way, you can copy the moves of top traders automatically and make money while you sleep.
If you are passionate about forex trading, follow this page for updates and become a pro investor within a few days.
By Uzzal Sheikh
In the present day business environment, if you want to be a successful forex trader, you've got to be forward thinking. Across the world, there are some professional traders that can predict the changes in forex prices. However, their predictions are not always correct due to human error.
Thus, some technocrats came up with the idea of developing Apps for the purposes of tracking market trends. One of such app is the FxTrendSignals app. In this post, we will walk you through why you should choose the FxTrendSignals app as an investor.
With the FxTrendSignals app at your disposal, market trends are just a few step away from you. The following are some of the reasons why you should choose this app;
1. Instant Tracking: With the FxTrendSignals, you will be able to follow live prices of stocks instantly in real time.
2. Alarm Planning: One biggest benefit of the FxTrendSignals app is that you can schedule an alarm to notify you once the market fluctuates.
3. Multiple Language Support: The FxTrendSignals app supports 11 languages (Chinese, Hindi, Malay, German, French, Italian, Spanish, Portuguese, Arabic, Turkish and English), meaning, you are covered wherever you are on the globe.
Knowledge they say is power. At FxTrendSignals, there is a guide for users to leverage in order to understand how the app operates and also navigate the website. Check here to explore the FxTrendSignals Guide.
FxTrendSignals app was developed with forex investors in mind. So, if you are passionate about dipping your feet into the forex world, you won't go wrong with this app. Visit https://apple.co/2y04C0n or http://bit.ly/2ZqRFZw to download the FxTrendSignals app on the Apple or Google Play Store.