Category: Forex Trading

The MimbleWimble Extension Blocks (MWEB) upgrade was successfully activated on May 19, 2022. However, the upgrade puts Litecoin in the crosshairs of regulators who do not take kindly to privacy-capable cryptocurrencies. MimbleWimble is an upgrade enabling users to achieve much-needed privacy while transacting on the network. The MimbleWimble upgrade was first proposed in November 2019 through a Litecoin Improvement Proposal. At the time, the Litecoin developers aimed to further focus on improving anonymity between senders and receivers. When Litecoin listed on several markets in 2011, the Litecoin price hit $0.30.

1. Litecoin is best at quick, instant, relatively low value exchanges, whereas, Bitcoin is better at more secure exchanges for high values that do not need to be exchanged as quickly.
2. Litecoin is a blockchain and cryptocurrency intended to be used as a payment method.
3. These advantages technically make Litecoin a better coin for the vast majority of small transactions.
4. It’s important to note that exchanges within the U.S. are monitored and regulated by the Securities and Exchange Commission to ensure that the best interests of investors and traders are upheld.
5. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism.
6. As of January 2021, Litecoin is one of the most widely accepted cryptocurrencies, and more than 2,000 merchants and stores now accept LTC across the globe.

Litecoin Markets

Because exchanges are regulated and regulations are still being developed, the places you can buy and sell cryptocurrencies fluctuate. You can participate in the Litecoin network using a personal computer, but there is really no benefit to doing so other than the satisfaction of being involved unless you join a mining pool. Even then, your rewards will be very small because pools pay out rewards based on the share of work your miner does.

Litecoin’s position in the crypto market

Litecoin’s MWEB makes it so that only the sender and receiver can see this information. These include EOS at 4,000 TPS, XRP at 1,500 TPS and Cardano at 257 TPS, to name just a few. At the time of this writing, Bitcoin transaction fees were significantly higher, at around 3.92% on average, compared with Litecoin’s transaction fees of roughly 0.06%. Litecoin is highly liquid, which makes it a crypto for easier trades. In fact, Litecoin holders will find that merchants such as Newegg, SlingTV and even nonprofits like the American Red Cross are happy to accept their cryptocurrency. Whether you choose to invest in it depends on your financial circumstances python developer job description and outlook on Litecoin’s future.

But even then, you’ll need to join a mining pool because you’re competing with pools that are far more efficient at hashing. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a financial therapist and transformational coach, with a special interest in helping women learn how to invest. Smart contract security audits are an integral part of ensuring a secure and user-friendly web3 experience. Other bitcoin ETFs are expected to have options available as soon as this week. Spot bitcoin ETFs began trading in January and have been hailed as the most successful ETF launches in history.

Litecoin News

New blocks are added to its blockchain via an algorithm called Scrypt, which allows it to process transactions in roughly 2.5 minutes. The creation and transfer of Litecoin is based on an open-source cryptographic protocol, and is not managed by any central authority. While Litecoin is often compared to Bitcoin, it’s carved out its own niche in the cryptocurrency market. The coin’s faster transaction times and lower fees distinguish it from Bitcoin, though it doesn’t quite match Bitcoin’s level of security and widespread adoption.

It’s one of the top use bitwala’s calculator for bitcoin and euro 5 biggest cryptocurrencies in terms of market capitalisation. Miners play a crucial role in maintaining the health and security of the Litecoin network. By validating transactions and creating new blocks, they help to prevent double-spending and preserve the integrity of the blockchain. Litecoin, like Bitcoin, uses a PoW consensus mechanism to secure its network. This mechanism requires miners to solve complex mathematical problems to validate transactions and create new blocks.

AI tokens will play an integral role in the adoption of machine learning models in the blockchain industry. The market for options contracts on major ETFs can be extremely active, and are widely used by more sophisticated traders. IBIT traded 73,000 options contracts in the first 60 mins of trading Tuesday, Nasdaq told CNBC, placing the fund in the top 20 of the most active nonindex options. OANDA Crypto is a trading name of liteforex review 2021 user ratings bonus demo and more OANDA Coinpass Ltd a registered crypto asset firm.

The system had helped to promote economic growth and stability in the industrial world. Without the system, the global economy became more volatile and prone to crises. The 1970s saw a rise in inflation and unemployment, and the world economy experienced a number of recessions. The Bretton Woods system of monetary management was founded in 1944. It was intended to foster economic stability and full employment in the industrialized world. The system forced countries to peg their currencies to the US dollar, which was then convertible to gold for a predetermined price of $35 per ounce.

NCERT Solutions for Class 10 Social Science History Chapter 4 The Making of Global World

However, the developing countries felt dominated by a few major powers. (iii) The withdrawal of US loans affected the rest of the world in many different ways. In Europe it led to the failure of some major banks and the collapse of currencies such as the British pound sterling.

Question 6 Imagine that you are an indentured Indian labourer in the Caribbean. Drawing from the details in this chapter, write a letter to your family describing your life and feelings. (d) In the nineteenth century, colonial India had become an exporter of agricultural goods and importer of manufactures. Since men went to battle, women stepped in to undertake jobs that earlier only men were expected to do. The war led to the snapping of economic links between some of the world’s largest economic powers which were now fighting for each other to pay for them. So, Britain borrowed large sums of money from US banks as well as the US public.

Between 1928 and 1934, wheat prices in India fell by 50 per cent. (e) The decision of MNCs to relocate production to Asian countries. (iii) In return, precious metals – gold and silver flowed from Europe to Asia.

Since the First World War, a few countries had started controlling imports and exports to offset wartime blockades. Manipulation of currencies was done to manage foreign trade, which led to currency warfare and restrictive trade practices. This manipulation led to the deflation and devaluation of many currencies.

How did globalization impact societies and cultures?

1. The end of the Bretton Woods system was triggered by factors such as the collapse of fixed exchange rates, inflationary pressures, and the oil crisis of the 1970s.
2. (iii) In return, precious metals – gold and silver flowed from Europe to Asia.
3. In the post-World War II period during the ’50s and ’60s, impressive development was seen in some of the countries.
4. Find one example of each type of flow which involved India and Indians and write a short account of it.
5. It marked the end of an era of economic stability and the beginning of a new era of globalization.

As with the benefits of all currency pegging regimes, currency pegs are expected to provide currency stabilization for the trade of goods and services as well as financing. The declaration called for changes in trade, industrialisation, agricultural production, and finance. All the 44 signatory nations of the agreement contributed fees towards the initial funding of the two institutions. The system emerged from a conference in 1944 of all the World War II allied countries. The agreement led to the formation of two institutions with specific objectives. All three flows were closely interlinked and affected peoples’ lives.

Chapter 3 The Making of a Global World

(e) The respective governments of the MNCs imposed what is meant by the bretton woods agreement class 10 heavy import tariffs. So the MNCs began relocating their production to Asian countries. The Vietnam War and other overseas involvements weakened the US economy and made it difficult for the US to maintain the convertibility of the dollar to gold. In 1971, President Richard Nixon announced that the US would no longer convert dollars to gold. NCERT Solutions for Class 10 History Chapter 3 The Making of a Global World are given in this article. These solutions will help you learn the facts and events easily.

In these depression years, India became an exporter of precious metals, notably gold. Under the agreement, currencies were pegged to the price of gold, and the US dollar was seen as a reserve currency linked to the price of gold. Decision-making authority was given to the Western industrial powers. The US was given the right of veto over key IMF and World Bank decisions. The Bretton Woods system Opened an era of unique growth of trade and incomes for the Western industrial nations and Japan.

Describe any five factors that led to the end of the Bretton Woods System and the beginning of globalisation.

(d) By the early twentieth century, the global economy had become an integral one. The government did not decrease their taxes due to which peasants’ indebtedness increased all across India. Question 7 Explain the three types of movements or flows within international economic exchange. Find one example of each type of flow which involved India and Indians and write a short account of it. (e) The decision of MNCs to relocate production to Asian countries led to a stimulation of world trade and capital flows. This relocation was on account of low-cost structure and lower wages in Asian countries.

Moreover, many developing countries did not even exist as independent states when these policies were framed. The New International Economic Order (NIEO) represents proposals advocated by developing countries to end economic colonialism through a new interdependent economy. The G–77 is the most important forum for developing countries to tackle global economic issues by adapting common strategies through cooperation and collaboration. The NIEO subsequently followed on the pursuance of the members. A)The International Monetary Fund (IMF) monitors exchange rates and lends reserve currencies to nations with trade deficits. Answer 2 By the mid-sixteenth century Europe defeated America not with military power but they (Americans) got killed due to the germs of smallpox brought by Europeans with them.

Finally, if you’ve correctly followed my recommendations, you’ll have a similar big square and the diagonal line along the green cells. For such people, Gann offers an alternative method to apply the Square, which I’ll describe below. Before we start, I want to https://traderoom.info/ganns-methods/ say that many elements of this method are the same as the steps, I’ve already described. That is why I won’t repeat myself and write about them again. So, if you haven’t yet read the previous posts, I recommend you to get familiar with the last three articles to understand the present material.

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Starting at the centre, the Gann Square of Nine is seen as a spiral of number with the primary value of “1”. From this, the value increases as the trader move in a spiral form in a clockwise movement. Starting to trade at the young age of 24, Gann had a reputation of being mysterious and profound. His Gann Square of Nine is an amalgam of geometry, astrology, and various math techniques from ancient civilizations. Before diving deep into what the Gann Square of Nine is, we must first get to know where the term came from.

What Are the Gann Studies?

The wheel of 24 (also known as the Circle of 24) is one of the most mystical charts used by W.D. The Wheel of 24 is extensively used by intraday and end of day traders of Gann theory. Optuma GannTrader offers full user control over time settings, allowing for 24-hour and calendar year settings. Because W. D. Gann taught both professional traders who had access to the floor data in additional to retail investors, Gann organized different methods to trade the Mechanical Method.

1. For example, when crossing the equator, i.e. 180 degrees, the opposite angle will create in the chart a new point with the size of one degree or 52.33 USD.
2. The charts in this article were prepared using my personal WAVETRADER / CYCLETRADER SOFTWARE.
3. For any trader studying Gann timing cycles, the ability to study cycles over a period of more than 100 years is critical.
4. For the accuracy of the experiment, I continued my observations, which I marked in the chart above.
5. Its principles hold true across various timeframes and market conditions.

Gann delineated a second variant which he earmarked the “Safest” method. He talked at length on the different types of reversal patterns you can use to identify an imbalance between supply and demand. Figure – 2 shows some of the bar chart patterns Gann looked for to confirm turning points or to get him out of trades quickly with minimal loss. Gann’s work included Money Management Rules and Trading Psychology concepts expounded by many of today’s top traders. He believed that you did not have to be in the market all the time to make money. Gann taken from his last book, How to Make Profits in Commodities.

1. However, you need to take calculations error into account for planetary ingress of planets with long orbits, like Uranus, Neptune, Eris.
2. They are hexagonal grids that have a fixed size and a specific number of cells, such as 6×6, 13×13, 19×19, 28×28, and so on.
3. It’s not just theory—Gann’s insights have been successfully applied by traders for decades.
4. The longer trading history you study, the wider is the selection, the more relevant will be your analysis.
5. I continue one of the most enigmatic and mysterious topics in the Gann’s works and, perhaps in all the studies devoted to trading, is the use of cosmogram and Square of 9.
6. These shapes can reveal critical price points based on the natural progression of the market.

From Humble Beginnings to Market Luminary

Now in 1996 I feel I have finally produced a tool that gives me total control over my own trading destiny. Along the way I have made the software available to other traders, and have been amply rewarded from their input. I have found over the years there are a continuous number of new people entering the market and losing money, some depart, others regroup and try to learn methods that will make them successful traders. Many charting platforms offer built-in tools for drawing Gann Angles. Once you have selected your timeframe (daily, weekly, etc.), plot the angle from a significant top or bottom. Use these angles to determine key support and resistance levels, as well as to time your trades.

First, I should identify the historical high in the price chart of the analyzed instrument. But still, I must note that this case is an example of how one may use Gann’s theories in the modern cryptocurrency market, rather than trading advice. For a complete analysis, it is necessary to expand the period of research for a few more years, as well as to study other planets that could also perform good results. It is clear from the chart above that on June 31 and on 15 March there will be the Conjuncture of the Sun and Mercury, so, it a bullish signal for me. In general, a combination of several consecutive bullish signals may indicate a possible start of BTCUSD bullish trend. Therefore, I should mark for myself, another discovered specific combination of planets that works for the BTCUSD.

Gann was a Mathematician who was known for his market forecasting abilities. Dedicated to studies and the expansion of his knowledge, Gann invested years reviewing records found in the Astor Library in New York, and in the British Museum of London, some going back as far as 1820. It’s from these observations Gann began working with natural cycles. Optuma GannTrader includes the Square of Four using the same graphical power as the Square of Nine chart. Optuma GannTrader includes the world’s first fully customisable and interactive Square of Nine wheel. It offers complete user control for quick and easy time and price target point identification.

Gann Theory traces its roots back to the early 20th century when W.D. Over the years, he developed his unique approach to market analysis, drawing inspiration from ancient mathematics and esoteric teachings. As you see from the chart above, all points are quite close to the chart extremes. If the historical high was later than a year ago, all the levels you’ve marked will completely coincide with the chart history. To figure out the historical points for the forecast, I need to mark these points in the future. Next, I attach all the levels to the dates in the chart, which are marked by the rest of the figure angles on the Chronograph.

Next, I analyzed all days, starting from January 1, 2018 to see how the planet is moving clockwise. However, at the shift between March 23 and 24, the planet started moving in the opposite direction, so, the Retrograde motion started. Therefore, each planet can’t move more than 90 degrees from the equator. The point of a the point of contact between the planet and the celestial equator is called the declination point. The next twin planetary ingress will be on February 12, 2019. On this day, the Sun will enter Pieces, and Mars will have just started joining Taurus.

Its fascinating blend of geometric design, numerological insights, and celestial phenomena distinguishes this tool from conventional trading strategies. For those seeking to delve deeper into market behavior, the Square offers an exceptional method of divining potential price movements and timing entries and exits with improved precision. Most analysts should be familiar with price retracement levels acting as support or resistance between trends of similar degree. Gann taught his students to measure prior price ranges and divide them into 1/8ths and 1/3rds, these levels can act as support in a downtrend or resistance in an uptrend. When a market reaches these levels and reverses, all the trader has to do to verify a trend change is to look for a clustering of time cycles on that day. Figure – 8 shows the recent 2086 low in the SPI on July 17 achieving an exact 50% retracement and the March 11 post election panic low at 2158 was on a 37.5% retracement.

The Security Market Line (SML) and the Capital Market Line (CML) are useful tools for managing risk in investment portfolios. Read this article to get a clear understanding of SML and CML and to understand the major differences between SML and CML. The Market Portfolio, which lies precisely on the green line, is the epitome of optimal diversification. Unlike the Security Market Line (SML), which captures the performance of all portfolios, efficient and not, the CML distinguishes itself by plotting only those portfolios that offer the utmost efficiency. This ratio is the increase in expected return per unit of additional portfolio risk, which investors use to determine the attractiveness of a portfolio compared to the risk-free alternative.

Your choice between the two should be based on your risk tolerance and investing objectives as an investor. Most importantly, SML determines whether more assets/investments can be added to the existing market portfolio. Fundamental businessmen/women use CAPM to keep track of difference between cml and sml risk premiums, detect corporate finance decisions, see undervalued and overvalued investments and compare various based on diverse sectors. Investors who are well-acquainted in the line of business put up large shares and expect good returns for their assets which the capital market line exhibits graphically.

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1. Here, Beta is not just a measure, but a storyteller, narrating the risk and return of individual securities in relation to the market.
2. The intercept point of CML and efficient frontier would result in the most efficient portfolio, called the tangency portfolio.
3. Its slope, the Sharpe ratio, and the fundamental equation underlying it are essential for grasping how different portfolio choices stack up against the market.
4. If you want to have a diversified and risk-optimised portfolio, you can use the capital market line.
5. Here, the SML tells you about the market’s risk or that point in the graph which shows that your profits might be running at risk.

Capital Market Line (CML) represents the portfolios that accurately combine both risk and return. It is a graphical representation that shows s a portfolio’s expected return based on a particular level of risk given. A standard graph shows beta values across its x-axis and expected return across its y-axis. The purpose of the graph is to identify the action, or slope, of the market risk premium.

The beta measures an asset’s systematic risk and reflects how sensitive it is to changes in the market. In a graphical representation, the vertical intercept of the SML is the risk-free rate, and the slope is the market risk premium. The SML, rooted in the Capital Asset Pricing Model (CAPM), provides a linear representation of risk versus expected return for individual securities.

The capital allocation line (CAL) makes up the allotment of risk-free assets and risky portfolios for an investor. Risk-averse investors will select portfolios close to the risk-free asset, preferring low variance to higher returns. Less risk-averse investors will prefer portfolios higher up on the CML, with a higher expected return, but more variance.

How is CAPM represented in the SML?

By doing so, they either leverage their investment for higher risk and potential return or opt for a less risky portfolio with a proportionally lower expected return. These assumptions shape the SML, providing a theoretical basis for a direct and linear relationship between risk and expected returns. Understanding the SML helps investors identify how much expected return they should demand based on the systematic risk inherent in any given investment. Now, to fully appreciate this relationship and what the SML tells us, it is crucial to recognize the assumptions on which the CAPM and the Security Market Line rest. The risk running individually in these diverse market portfolios tells the investor about his undervalued and overvalued investments; thus, this system of calculation is known as systematic risk.

What Is the Capital Market Line (CML)?

The notable factor is that the securities which generate higher results for a certain risk, are usually found above the SML or CML, and they are always underpriced and vice versa. Several different exogenous variables can impact the slope of the security market line. For example, the real interest rate in the economy might change; inflation may pick up or slow down; or a recession can occur and investors become generally more risk-averse. It is rare that any market is in equilibrium, so there may be cases where a security experiences excess demand and its price increases belong where CAPM indicates the security should be.

It can also compare securities with equal risk to determine if one offers a higher expected return. The beta of a security measures the systematic risk and its sensitivity relative to changes in the market. This indicates that when the market increases or decreases, the security should increase or decrease by the same percentage amount.

A practical application of this integration could be a scenario where an investor identifies a security below the SML, suggesting it offers higher returns for its risk level. The investor could then adjust their portfolio along the CML to include this security, potentially enhancing the portfolio’s overall risk-return profile. For instance, consider an investor who constructs a portfolio with a mix of treasury bills (a risk-free asset) and a diversified market index fund.

There are technicalities and plots on which you need to establish your grounds in business. To maintain a strict record of your investments/assets, you must understand and abide by certain formulas to run a risk-free business. According to Tobin’s separation theorem, finding the market portfolio and the best combination of that market portfolio and the risk-free asset are separate problems. Individual investors will either hold just the risk-free asset or some combination of the risk-free asset and the market portfolio, depending on their risk-aversion. The efficient frontier of optimal portfolios was identified by Markowitz in 1952, and James Tobin included the risk-free rate to modern portfolio theory in 1958.

It helps investors determine the optimal mix of risky assets and risk-free assets based on their risk tolerance and return objectives. By constructing a portfolio that lies on the CML, investors can achieve the highest expected return for a given level of risk, or minimize risk for a desired level of return. One of the key attributes of the CML is that it provides a benchmark for evaluating the performance of portfolios. Any portfolio lying on or above the CML is considered efficient, as it offers a higher expected return for a given level of risk compared to portfolios below the line. The slope of the CML represents the market price of risk, indicating the additional return an investor can expect for taking on additional risk.