wisepowder's blog
Tobacco Stocks Gain Amid Heat-Not-Burn Product Growth
Tobacco stocks have burnt a hole in investors' portfolios over the past year, dropping 0.65% on the back of declining cigarette volumes. By comparison, the broader stock market has logged a gain of nearly 20% over the same time.To get more news about HNB, you can visit hitaste official website.
To address shrinking demand from its traditional products, leading tobacco companies Philip Morris International Inc. (PM) and Altria Group, Inc. (MO) have invested heavily in developing "smoke-free" alternatives. Their latest-to-market IQOS product heats tobacco, rather than burning it, supposedly releasing fewer toxins but delivering a similar nicotine rush. Philip Morris has already launched IQOS in more than 40 markets around the world, while Altria launched the heat-not-burn device in Atlanta last fall, several months after the Food and Drug Administration (FDA) approved the product for sale in the United States.
The controversial industry has had a mostly disappointing start to 2020, although renewed buying interest in the group late last week may ignite further gains in upcoming trading sessions. As well as taking a closer look at Philip Morris and Altria below, we’ll also review tobacco leaf supplier Universal Corporation (UVV).
Philip Morris International manufactures IQOS smoke-free products, including heated tobacco and vapor products under the HEETS, HEETS Marlboro, and HEETS FROM MARLBORO brands. It also sells the Marlboro HeatSticks and Parliament HeatSticks brands. The $138.47 billion company told shareholders in 2018 that it aimed to receive about 40% of its revenue from "reduced-risk" products by 2025. Earlier this month, the cigarette maker reported a fourth quarter 41% year-over-year jump in sales of its heated tobacco products. Philip Morris stock pays an annual $4.68 dividend and has gained 5.35% year to date (YTD), outperforming the tobacco industry average by 4.74% over the same period as of Feb. 24, 2020.
Since bottoming out in the third quarter last year, the firm's stock has made higher lows and higher highs, placing it in a steady uptrend. More recently, price broke above a pennant pattern Friday, indicating upside continuation. Those who buy here should consider trailing a stop-loss order under each successively higher swing low to let profits run as far as possible. Start by placing an initial stop beneath the pennant pattern's low at $86.14.
Tobacco stocks have burnt a hole in investors' portfolios over the past year, dropping 0.65% on the back of declining cigarette volumes. By comparison, the broader stock market has logged a gain of nearly 20% over the same time.To get more news about HNB, you can visit hitaste official website.
To address shrinking demand from its traditional products, leading tobacco companies Philip Morris International Inc. (PM) and Altria Group, Inc. (MO) have invested heavily in developing "smoke-free" alternatives. Their latest-to-market IQOS product heats tobacco, rather than burning it, supposedly releasing fewer toxins but delivering a similar nicotine rush. Philip Morris has already launched IQOS in more than 40 markets around the world, while Altria launched the heat-not-burn device in Atlanta last fall, several months after the Food and Drug Administration (FDA) approved the product for sale in the United States.
The controversial industry has had a mostly disappointing start to 2020, although renewed buying interest in the group late last week may ignite further gains in upcoming trading sessions. As well as taking a closer look at Philip Morris and Altria below, we’ll also review tobacco leaf supplier Universal Corporation (UVV).
Philip Morris International manufactures IQOS smoke-free products, including heated tobacco and vapor products under the HEETS, HEETS Marlboro, and HEETS FROM MARLBORO brands. It also sells the Marlboro HeatSticks and Parliament HeatSticks brands. The $138.47 billion company told shareholders in 2018 that it aimed to receive about 40% of its revenue from "reduced-risk" products by 2025. Earlier this month, the cigarette maker reported a fourth quarter 41% year-over-year jump in sales of its heated tobacco products. Philip Morris stock pays an annual $4.68 dividend and has gained 5.35% year to date (YTD), outperforming the tobacco industry average by 4.74% over the same period as of Feb. 24, 2020.
Since bottoming out in the third quarter last year, the firm's stock has made higher lows and higher highs, placing it in a steady uptrend. More recently, price broke above a pennant pattern Friday, indicating upside continuation. Those who buy here should consider trailing a stop-loss order under each successively higher swing low to let profits run as far as possible. Start by placing an initial stop beneath the pennant pattern's low at $86.14.
WOW CLASSIC SERVER POPULATION STATS
World of Warcraft Classic was announced back in 2017 at BlizzCon and was highly anticipated in the years up to its release in August of 2019.To get more news about fast wow gold, you can visit lootwowgold official website.
A lot of players were tired of the state of World of Warcraft and longed for the good old days of WoW.Classic WoW gave players exactly that by reverting all the way back to a version in September of 2006 right before the Burning Crusade expansion was released.
WoW Classic was well received and upon release had hundreds of thousands of players waiting in queues to log in to the original experience.Blizzard recently released phase 4 on March 10th which brought the Arathi Basin battleground and Zul’Gurub troll raid to the game.
Hopefully, this new content brought a spike to the WoW Classic server population stats below!Since Blizzard stopped releasing exact player counts, we have to use third-party estimates to try and figure out the player count on WoW Classic.
Below are the player counts for WoW Classic broken up into three different regions, America, EU, and Russia. Any servers that saw less than 500 players will not be included in this list.Overall we saw almost 450,000 players in the past two weeks across all three regions below. EU and NA are neck and neck when it comes to their server populations on WoW Classic.
World of Warcraft Classic was announced back in 2017 at BlizzCon and was highly anticipated in the years up to its release in August of 2019.To get more news about fast wow gold, you can visit lootwowgold official website.
A lot of players were tired of the state of World of Warcraft and longed for the good old days of WoW.Classic WoW gave players exactly that by reverting all the way back to a version in September of 2006 right before the Burning Crusade expansion was released.
WoW Classic was well received and upon release had hundreds of thousands of players waiting in queues to log in to the original experience.Blizzard recently released phase 4 on March 10th which brought the Arathi Basin battleground and Zul’Gurub troll raid to the game.
Hopefully, this new content brought a spike to the WoW Classic server population stats below!Since Blizzard stopped releasing exact player counts, we have to use third-party estimates to try and figure out the player count on WoW Classic.
Below are the player counts for WoW Classic broken up into three different regions, America, EU, and Russia. Any servers that saw less than 500 players will not be included in this list.Overall we saw almost 450,000 players in the past two weeks across all three regions below. EU and NA are neck and neck when it comes to their server populations on WoW Classic.
WoW Classic News: Classic WoW Content Plan
We finally got some new WoW Classic news! On March 11th, Blizzard posted the WoW Classic Content plan in this blue post. Unfortunately, we didn’t get a WoW Classic release date as of yet, but this is still a good piece of new information. At least the project is going forward and Blizzard follows the original Vanilla WoW progression very closely. The phases will follow original WoW through patch 1.2.x, then the second update will include content that was in original WoW 1.3 and 1.4, the third Classic update will have 1.5 and 1.6 content, and so on.To get more news about wow classic gold tbc, you can visit lootwowgold official website.
I personally hope that the phases would have a bit more time between them than what retail WoW had. This would make the lifespan of WoW Classic last a little bit longer at least. The original timeline was between 23 – 26 months, depending on the continent. It would be nice to enjoy Vanilla WoW for at least three years this time. I also hope that the WoW Classic itemization will be the same as in patch 1.12.1, since it will be a true pain to play Vanilla Mage without any spell hit. It is also good to keep in mind that having no Dire Maul in the launch does change the Vanilla Mage Pre-Raid BiS list a bit.
We finally got some new WoW Classic news! On March 11th, Blizzard posted the WoW Classic Content plan in this blue post. Unfortunately, we didn’t get a WoW Classic release date as of yet, but this is still a good piece of new information. At least the project is going forward and Blizzard follows the original Vanilla WoW progression very closely. The phases will follow original WoW through patch 1.2.x, then the second update will include content that was in original WoW 1.3 and 1.4, the third Classic update will have 1.5 and 1.6 content, and so on.To get more news about wow classic gold tbc, you can visit lootwowgold official website.
I personally hope that the phases would have a bit more time between them than what retail WoW had. This would make the lifespan of WoW Classic last a little bit longer at least. The original timeline was between 23 – 26 months, depending on the continent. It would be nice to enjoy Vanilla WoW for at least three years this time. I also hope that the WoW Classic itemization will be the same as in patch 1.12.1, since it will be a true pain to play Vanilla Mage without any spell hit. It is also good to keep in mind that having no Dire Maul in the launch does change the Vanilla Mage Pre-Raid BiS list a bit.
Renmin Business School Placed the 39th in the FT Global MBA Ranking
On Jan.29, 2018, the Financial Times updated its Global MBA Ranking for 2017. Renmin Business School was ranked the 39th, up by 4 places from the 43th in 2016.To get more news about China business school, you can visit acem.sjtu.edu.cn official website.
Renmin Business School debuted in the ranking in 2016 at position 43. The rise in the latest ranking is testament to its advances in graduates’ career development, students’ international mobility, faculty resources, and research footprint.
Launched by the Financial Times in 1999, the Global MBA Ranking has been recognized as one of the most authoritative rankings in the field of management education across the globe. Other Asian b-schools included in the ranking are CEIBS, Business School at Hong Kong University of Science and Technology, University of Hong Kong, Antai College of Economics & Management at Shanghai Jiao Tong University, Fudan University School of Management, and Business School at Chinese University of Hong Kong.
Renmin Business School started to run MBA program in 1990, and is a pioneer in management education in China. It boasts award-winning faculty with expertise in Chinese management practice and impactful research in humanities and social sciences.
In June 2017, Renmin Business School gained CAMEA accreditation (Chinese Advanced Management Education Accreditation). Students have access to a rich array of programs and activities, including Chinese MBA full-time/part-time programs, International MBA program, BEST simulation contest, and the Team Action Project consultancy training program.
In alignment with the school’s mission, vision and values, the programs will continue to seek innovations in curriculum design and pedagogical approaches, expand international partnerships, sharpen its focus on connections with industry, and develop future management leaders who think both locally and globally.
On Jan.29, 2018, the Financial Times updated its Global MBA Ranking for 2017. Renmin Business School was ranked the 39th, up by 4 places from the 43th in 2016.To get more news about China business school, you can visit acem.sjtu.edu.cn official website.
Renmin Business School debuted in the ranking in 2016 at position 43. The rise in the latest ranking is testament to its advances in graduates’ career development, students’ international mobility, faculty resources, and research footprint.
Launched by the Financial Times in 1999, the Global MBA Ranking has been recognized as one of the most authoritative rankings in the field of management education across the globe. Other Asian b-schools included in the ranking are CEIBS, Business School at Hong Kong University of Science and Technology, University of Hong Kong, Antai College of Economics & Management at Shanghai Jiao Tong University, Fudan University School of Management, and Business School at Chinese University of Hong Kong.
Renmin Business School started to run MBA program in 1990, and is a pioneer in management education in China. It boasts award-winning faculty with expertise in Chinese management practice and impactful research in humanities and social sciences.
In June 2017, Renmin Business School gained CAMEA accreditation (Chinese Advanced Management Education Accreditation). Students have access to a rich array of programs and activities, including Chinese MBA full-time/part-time programs, International MBA program, BEST simulation contest, and the Team Action Project consultancy training program.
In alignment with the school’s mission, vision and values, the programs will continue to seek innovations in curriculum design and pedagogical approaches, expand international partnerships, sharpen its focus on connections with industry, and develop future management leaders who think both locally and globally.
Master Of Science In Management
Join an upcoming virtual Graduate Admissions Event to learn more. For details, please see specific event registration pages. Our admissions teams are working virtually and are ready to answer questions or talk via email, phone or Zoom. Please click here for complete contact details. For more information on SMU’s latest news related to COVID-19, please click here.To get more news about master Degree in Management, you can visit acem.sjtu.edu.cn official website.
Push ahead of the pack with a master’s program that puts you in the driver’s seat of your career. Ranked No. 6 in the U.S. by The Economist, the MS in Management at SMU Cox gives you a strong grasp of the fundamentals: finance, statistics, marketing, accounting, operations and strategic management. Tap into the Cox School's deep relationships with business leaders at Dallas's global 500s. These executives not only help shape the program you graduate from — they're on campus giving talks and connecting. Count on a return on your investment at Cox: More than 90 percent of our recent MSM grads received their job offers within three months of graduation.
Students who have completed the Masters of Science in Management curriculum will be armed with a strong business foundation that will help to transform their resume into a more marketable and diversified set of experiences. MSM graduates will increase their personal earning potential and gain access to job opportunities and career tracks that are reserved for students who hold advanced degrees.
Join an upcoming virtual Graduate Admissions Event to learn more. For details, please see specific event registration pages. Our admissions teams are working virtually and are ready to answer questions or talk via email, phone or Zoom. Please click here for complete contact details. For more information on SMU’s latest news related to COVID-19, please click here.To get more news about master Degree in Management, you can visit acem.sjtu.edu.cn official website.
Push ahead of the pack with a master’s program that puts you in the driver’s seat of your career. Ranked No. 6 in the U.S. by The Economist, the MS in Management at SMU Cox gives you a strong grasp of the fundamentals: finance, statistics, marketing, accounting, operations and strategic management. Tap into the Cox School's deep relationships with business leaders at Dallas's global 500s. These executives not only help shape the program you graduate from — they're on campus giving talks and connecting. Count on a return on your investment at Cox: More than 90 percent of our recent MSM grads received their job offers within three months of graduation.
Students who have completed the Masters of Science in Management curriculum will be armed with a strong business foundation that will help to transform their resume into a more marketable and diversified set of experiences. MSM graduates will increase their personal earning potential and gain access to job opportunities and career tracks that are reserved for students who hold advanced degrees.
Fox News persuades viewers to defy public health guidance
In the critical early days of the COVID-19 pandemic in the United States—when total confirmed cases numbered in hundreds rather than millions—Fox News persuaded viewers to defy social distancing advice offered, with increasing urgency, by public health officials.To get more fox latest news, you can visit shine news official website.
That’s the conclusion of new research by Shirsho Biswas, a newly appointed assistant professor of marketing at the University of Washington Foster School of Business.Biswas co-wrote the paper, published by the National Bureau of Economic Research ahead of peer review, with colleagues from Columbia University and the University of Chicago, where he was finishing his doctoral work.
The researchers found that a one point increase in the Nielsen rating of Fox News viewership resulted in 8.9 percentage points less compliance to public health advisories to stay at home. Or, to put it another way, every 10 percent increase in Fox News viewership above the average led to a 1.2 percentage point reduction in the propensity to stay at home.
“We leave it to public health experts to determine if this effect is large enough to affect public health in a meaningful way. We are not experts in modeling how COVID-19 spreads,” Biswas says. “What we can document is that Fox News is persuasive in terms of viewers choosing to social distance less.”Nearly half of all Americans report that they get their news primarily from television. And a big share of this is delivered by the 24-hour cable news networks of CNN, MSNBC and Fox News.
Fox News, the most-watched of these news networks, has real power to influence its viewers’ attitudes on voting, vaccines and climate change, according to recent studies.
But what about pandemics? As COVID-19 was first gaining a foothold in the Western Hemisphere, Biswas partnered with several colleagues—Andrey Simonov and Szymon Sacher of Columbia University and Jean-Pierre Dube of the University of Chicago—to investigate whether Fox News was having an impact on adherence to public health advice. Specifically, was Fox influencing viewers to defy the science-backed recommendations to stay at home and practice social distancing that were issued by increasingly concerned state, local and federal public health officials?
Establishing causality in matters of cable news is challenging, since many viewers self-select the network that they feel most closely aligns with their personal values and beliefs. And a truly controlled experiment—tracking the behavior of participants who are randomly assigned to watch only one network—would be logistically impossible.
In the critical early days of the COVID-19 pandemic in the United States—when total confirmed cases numbered in hundreds rather than millions—Fox News persuaded viewers to defy social distancing advice offered, with increasing urgency, by public health officials.To get more fox latest news, you can visit shine news official website.
That’s the conclusion of new research by Shirsho Biswas, a newly appointed assistant professor of marketing at the University of Washington Foster School of Business.Biswas co-wrote the paper, published by the National Bureau of Economic Research ahead of peer review, with colleagues from Columbia University and the University of Chicago, where he was finishing his doctoral work.
The researchers found that a one point increase in the Nielsen rating of Fox News viewership resulted in 8.9 percentage points less compliance to public health advisories to stay at home. Or, to put it another way, every 10 percent increase in Fox News viewership above the average led to a 1.2 percentage point reduction in the propensity to stay at home.
“We leave it to public health experts to determine if this effect is large enough to affect public health in a meaningful way. We are not experts in modeling how COVID-19 spreads,” Biswas says. “What we can document is that Fox News is persuasive in terms of viewers choosing to social distance less.”Nearly half of all Americans report that they get their news primarily from television. And a big share of this is delivered by the 24-hour cable news networks of CNN, MSNBC and Fox News.
Fox News, the most-watched of these news networks, has real power to influence its viewers’ attitudes on voting, vaccines and climate change, according to recent studies.
But what about pandemics? As COVID-19 was first gaining a foothold in the Western Hemisphere, Biswas partnered with several colleagues—Andrey Simonov and Szymon Sacher of Columbia University and Jean-Pierre Dube of the University of Chicago—to investigate whether Fox News was having an impact on adherence to public health advice. Specifically, was Fox influencing viewers to defy the science-backed recommendations to stay at home and practice social distancing that were issued by increasingly concerned state, local and federal public health officials?
Establishing causality in matters of cable news is challenging, since many viewers self-select the network that they feel most closely aligns with their personal values and beliefs. And a truly controlled experiment—tracking the behavior of participants who are randomly assigned to watch only one network—would be logistically impossible.
Trump went 'ballistic' after being tossed off Twitter
President Donald Trump has many prized possessions. But few seemed to inspire as much personal joy as his Twitter feed. Trump routinely boasted of the social media bullhorn he possessed. He credited it with launching his political trajectory. And he used it as a tool to lacerate his foes.To get more latest news on twitter, you can visit shine news official website.
The president is “ballistic,” a senior administration official said after Twitter permanently took down his account, citing the possibility that it would be used in the final 12 days of Trump’s presidency to incite violence. The official said Trump was “scrambling to figure out what his options are.”
So too was much of the political universe, which has become bleary-eyed obsessive about Twitter these past four years as Trump used the medium to fire advisers, sink legislative initiatives, encourage social duress and, lastly, praise the scores of MAGA faithful, just days after hundreds of them violently ransacked the Capitol.
In a statement issued by the White House, Trump said he’d been “negotiating with various other sites” while “we also look at the possibilities of building out our own platform in the near future.” But aides did not reveal what plans were in the works. When Trump’s eldest son, Don Jr. offered up a URL to those hoping to keep tabs of his father’s whereabouts, it was a site that had been purchased in 2009 and, in recent years, a place where his books were sold. For those who did sign up, an email was sent, plugging his latest work: “Liberal Privilege”.
In a statement issued by the White House, Trump said he’d been “negotiating with various other sites” while “we also look at the possibilities of building out our own platform in the near future.” But aides did not reveal what plans were in the works. When Trump’s eldest son, Don Jr. offered up a URL to those hoping to keep tabs of his father’s whereabouts, it was a site that had been purchased in 2009 and, in recent years, a place where his books were sold. For those who did sign up, an email was sent, plugging his latest work: “Liberal Privilege”.
As you know, the election is coming up,” it read, of the contest that took place two months ago.
For Trump, the Twitter ban was yet another inglorious passage to the final chapter of his presidency. Over the past two days, he’s been admonished by his own aides, chastised by Republicans, and threatened once more with impeachment.Through it all, he’s been uncharacteristically quiet — banished temporarily at first from the main social media platforms but also unwilling to go out and speak before the press. The only times the public saw him were through awkwardly-edited White House produced-videos. In one, he urged for the rioting to end while clinging to the fiction that the election had been stolen from him. In another, he conceded he would not serve a second consecutive term.
There are no plans to immediately emerge from the cocoon either. One White House official said there were initial internal discussions between White House aides and Trump of doing a “last farewell interview.” But, the official added, “I’m not sure if they’re going to come to fruition,” much to the official’s chagrin.
President Donald Trump has many prized possessions. But few seemed to inspire as much personal joy as his Twitter feed. Trump routinely boasted of the social media bullhorn he possessed. He credited it with launching his political trajectory. And he used it as a tool to lacerate his foes.To get more latest news on twitter, you can visit shine news official website.
The president is “ballistic,” a senior administration official said after Twitter permanently took down his account, citing the possibility that it would be used in the final 12 days of Trump’s presidency to incite violence. The official said Trump was “scrambling to figure out what his options are.”
So too was much of the political universe, which has become bleary-eyed obsessive about Twitter these past four years as Trump used the medium to fire advisers, sink legislative initiatives, encourage social duress and, lastly, praise the scores of MAGA faithful, just days after hundreds of them violently ransacked the Capitol.
In a statement issued by the White House, Trump said he’d been “negotiating with various other sites” while “we also look at the possibilities of building out our own platform in the near future.” But aides did not reveal what plans were in the works. When Trump’s eldest son, Don Jr. offered up a URL to those hoping to keep tabs of his father’s whereabouts, it was a site that had been purchased in 2009 and, in recent years, a place where his books were sold. For those who did sign up, an email was sent, plugging his latest work: “Liberal Privilege”.
In a statement issued by the White House, Trump said he’d been “negotiating with various other sites” while “we also look at the possibilities of building out our own platform in the near future.” But aides did not reveal what plans were in the works. When Trump’s eldest son, Don Jr. offered up a URL to those hoping to keep tabs of his father’s whereabouts, it was a site that had been purchased in 2009 and, in recent years, a place where his books were sold. For those who did sign up, an email was sent, plugging his latest work: “Liberal Privilege”.
As you know, the election is coming up,” it read, of the contest that took place two months ago.
For Trump, the Twitter ban was yet another inglorious passage to the final chapter of his presidency. Over the past two days, he’s been admonished by his own aides, chastised by Republicans, and threatened once more with impeachment.Through it all, he’s been uncharacteristically quiet — banished temporarily at first from the main social media platforms but also unwilling to go out and speak before the press. The only times the public saw him were through awkwardly-edited White House produced-videos. In one, he urged for the rioting to end while clinging to the fiction that the election had been stolen from him. In another, he conceded he would not serve a second consecutive term.
There are no plans to immediately emerge from the cocoon either. One White House official said there were initial internal discussions between White House aides and Trump of doing a “last farewell interview.” But, the official added, “I’m not sure if they’re going to come to fruition,” much to the official’s chagrin.
Technical analysis is becoming an increasingly popular approach to
trading, thanks in part to the advancement in charting packages and
trading platforms. However, for a novice trader, understanding technical
analysis – and how it can help predict trends in the market - can be
daunting and challenging.To get more news about WikiFX, you can visit wikifx official website.
Technical analysis is the study of price movements in a market, whereby traders make use of historic chart patterns and indicators to predict future trends in the market. It is a visual representation of the past and present performance of a market and allows the trader to use this information in the form of price action, indicators and patterns to guide and inform future trends before entering a trade.
Technical analysis involves the interpretation of patterns from charts. Traders make use of historic data, based primarily on price and volume and use this information to identify trading opportunities based on common patterns in the market. Different indicators are applied to charts to determine entry and exit points for traders to maximize a trades potential at good risk-reward ratios.
The below chart is an example of a chart with the use of the MACD and RSI indicator. While advocates of fundamental analysis believe that economic factors are the main contributors to movements in the markets, technical analysis traders maintain that past trends can assist in predicting future price movements. Although these trading styles can vary, understanding the differences between fundamental and technical analysis – and how to combine them - can be extremely beneficial.
Many traders have found technical analysis to be a useful tool for risk-management, which can be a key stumbling block. Once a trader understands the concepts and principles of technical analysis, it can be applied to any market, making it a flexible analytical tool. Where fundamental analysis looks to identify intrinsic value in a market, technical analysis looks to identify trends, which conveniently can be caused by the underlying fundamentals.
Charts are key to technical analysis. This is because the most important measure of a markets past and current performance is the price itself; this is the starting point when delving into analyzing the potential of a trade. Price action can be represented on a chart as this is the clearest indication of what the price is doing.
Charts assist in determining the overall trend, whether there's an upward or downward trend, either over the long or short term or to identify range bound conditions. The most common types of technical analysis charts are line charts, bar charts and candlestick charts.
When using a bar or candlestick chart each period will give the technical analyst information on the price from where it opened, the high or low of the period as well as the close. Candlestick analysis is especially useful as the patterns and relationship within them can assist in making forecasts about the future direction of the price.
Technical analysis is the study of price movements in a market, whereby traders make use of historic chart patterns and indicators to predict future trends in the market. It is a visual representation of the past and present performance of a market and allows the trader to use this information in the form of price action, indicators and patterns to guide and inform future trends before entering a trade.
Technical analysis involves the interpretation of patterns from charts. Traders make use of historic data, based primarily on price and volume and use this information to identify trading opportunities based on common patterns in the market. Different indicators are applied to charts to determine entry and exit points for traders to maximize a trades potential at good risk-reward ratios.
The below chart is an example of a chart with the use of the MACD and RSI indicator. While advocates of fundamental analysis believe that economic factors are the main contributors to movements in the markets, technical analysis traders maintain that past trends can assist in predicting future price movements. Although these trading styles can vary, understanding the differences between fundamental and technical analysis – and how to combine them - can be extremely beneficial.
Many traders have found technical analysis to be a useful tool for risk-management, which can be a key stumbling block. Once a trader understands the concepts and principles of technical analysis, it can be applied to any market, making it a flexible analytical tool. Where fundamental analysis looks to identify intrinsic value in a market, technical analysis looks to identify trends, which conveniently can be caused by the underlying fundamentals.
Charts are key to technical analysis. This is because the most important measure of a markets past and current performance is the price itself; this is the starting point when delving into analyzing the potential of a trade. Price action can be represented on a chart as this is the clearest indication of what the price is doing.
Charts assist in determining the overall trend, whether there's an upward or downward trend, either over the long or short term or to identify range bound conditions. The most common types of technical analysis charts are line charts, bar charts and candlestick charts.
When using a bar or candlestick chart each period will give the technical analyst information on the price from where it opened, the high or low of the period as well as the close. Candlestick analysis is especially useful as the patterns and relationship within them can assist in making forecasts about the future direction of the price.
As the lockdown triggered by the Covid-19 pandemic wreak havoc on the
economy and impacting household income, a significant number of
desperate people have fallen victim to Forex fraud.To get more news
about WikiFX, you can visit wikifx official website.
The Financial Service Conduct Authority (FSCA) has issued several warnings about bad Forex brokers and scammers purpoting to be Forex traders, however, with the numerous digital platforms at their disposal it has become increasingly difficult for the non-discerning eye to tell which one is legit and which one isnt.
Members of the public should always check that an entity or individual is registered with the FSCA to provide Financial Advisory & Intermediary Services and what category of advice it is that the entity is registered to provide.
There are instances where persons are registered to provide basic advisory services for a low risk product and then offer services of a far more complex and risky nature.
“The FSCA again reminds consumers who wish to conduct financial services with an institution or person to check beforehand with the FSCA on either the toll free number (0800 110 443) or on the website www.fsca.co.za as to whether or not such institution or person is authorised to render financial services,” says the FSCA.
It is important to note that not all Forex traders are scammers, some are just bad brokers. Their crime was their poor handling of client funds which came at a huge cost to desperate people trying to earn a legitimate income.As is made clear from the chart above, 56.1 percent of people who reported being defrauded by a scammer or broker were first contacted via social media. Also made clear is that Fac*book and Instagram are by far the most popular hunting grounds for scammers and bad brokers.
Again, this is not particularly surprising. Fac*book‘s problems with content moderation are well-documented and are the subject of intense scrutiny from law-making bodies around the world. While most of this scrutiny is focused on Fac*book’s political content, we believe that lawmakers should also consider the financial damage inflicted on its users.
This data does highlight the level of trust that people place in relative strangers they meet on social media. Many of the complaints we receive detail the painful process that these victims go through. A recent complaint is a prime example of the method used by Fac*book scammers:
I came across the Fac*book posts of [REDACTED] who appeared to be a legit Forex broker. I then contacted him via Fac*book Messenger, and he informed me that I can deposit any amount I have from my account to their trading website [REDACTED].
He promised me that I will receive 500 percent profit after seven days of investing. On the day I was supposed to withdraw my profit, I got an email from [REDACTED], informing me that I have to make a deposit of $300 before I can withdraw. I raised this with [REDACTED] and he told me that he also didnt expect this.
Because I was desperate to get my money back, I deposited $288, with the hope that I will withdraw my profit but was later informed that the company charges commission and I would first have to deposit $450. As a result, I contacted [REDACTED] to inform him of my decision to demand a refund, since this trading company does not appear to be legit. He has since been ignoring my WhatsApp messages. I recently got an internship and I have to pay the money I invested back to the person I borrowed it from.
Reading through these complaints is a heart-breaking exercise, especially when so little can be done in majority of cases. While the FSCA does do its best to track down scammers, many of these people use fake names and are often based overseas. The anonymity provided by Fac*book – whether through its main platform or on Instagram – offers the perfect cover for many fraudsters and leaves victims with no recourse.
The Financial Service Conduct Authority (FSCA) has issued several warnings about bad Forex brokers and scammers purpoting to be Forex traders, however, with the numerous digital platforms at their disposal it has become increasingly difficult for the non-discerning eye to tell which one is legit and which one isnt.
Members of the public should always check that an entity or individual is registered with the FSCA to provide Financial Advisory & Intermediary Services and what category of advice it is that the entity is registered to provide.
There are instances where persons are registered to provide basic advisory services for a low risk product and then offer services of a far more complex and risky nature.
“The FSCA again reminds consumers who wish to conduct financial services with an institution or person to check beforehand with the FSCA on either the toll free number (0800 110 443) or on the website www.fsca.co.za as to whether or not such institution or person is authorised to render financial services,” says the FSCA.
It is important to note that not all Forex traders are scammers, some are just bad brokers. Their crime was their poor handling of client funds which came at a huge cost to desperate people trying to earn a legitimate income.As is made clear from the chart above, 56.1 percent of people who reported being defrauded by a scammer or broker were first contacted via social media. Also made clear is that Fac*book and Instagram are by far the most popular hunting grounds for scammers and bad brokers.
Again, this is not particularly surprising. Fac*book‘s problems with content moderation are well-documented and are the subject of intense scrutiny from law-making bodies around the world. While most of this scrutiny is focused on Fac*book’s political content, we believe that lawmakers should also consider the financial damage inflicted on its users.
This data does highlight the level of trust that people place in relative strangers they meet on social media. Many of the complaints we receive detail the painful process that these victims go through. A recent complaint is a prime example of the method used by Fac*book scammers:
I came across the Fac*book posts of [REDACTED] who appeared to be a legit Forex broker. I then contacted him via Fac*book Messenger, and he informed me that I can deposit any amount I have from my account to their trading website [REDACTED].
He promised me that I will receive 500 percent profit after seven days of investing. On the day I was supposed to withdraw my profit, I got an email from [REDACTED], informing me that I have to make a deposit of $300 before I can withdraw. I raised this with [REDACTED] and he told me that he also didnt expect this.
Because I was desperate to get my money back, I deposited $288, with the hope that I will withdraw my profit but was later informed that the company charges commission and I would first have to deposit $450. As a result, I contacted [REDACTED] to inform him of my decision to demand a refund, since this trading company does not appear to be legit. He has since been ignoring my WhatsApp messages. I recently got an internship and I have to pay the money I invested back to the person I borrowed it from.
Reading through these complaints is a heart-breaking exercise, especially when so little can be done in majority of cases. While the FSCA does do its best to track down scammers, many of these people use fake names and are often based overseas. The anonymity provided by Fac*book – whether through its main platform or on Instagram – offers the perfect cover for many fraudsters and leaves victims with no recourse.
In the past month, the WikiFX exposure channel has received a number of
complaints about the forex broker Auu Global Limited. The complainants
were from the United States, Hong Kong, Russia and other regions. What
happened？ Is Auu Global Limited a scam？ How does this affect users who
are still trading on its platform？To get more news about WikiFX, you can visit wikifx official website.
“I have been waiting for 1 month to withdraw my 130k USD from my MT4 account to my bank account. Auu Global Limited on WhatsApp said because of COVID-19, they couldn‘t return my money. In doing so, they said the government asked for a 10% tax on top of the 130k first, but I have refused to pay anything and I don’t know what to do.”
Just like most other cases, this complainant was first induced to open an account by a lady on WhatsApp. He met the beauty through Tiktok and she‘s from Hong Kong. They kept an intimate relationship online for 5 months. During that time, she sent him videos, pictures, EVEN passport details to let him believe that she was reliable. But when the investor was at a loss, he couldn’t contact Auu Global Limited nor the lady.
Apparently, she is the bait, and that is one of the most common tricks used by scam brokers to defraud investors to open accounts and deposit funds. And of course, the “tax” is another trick that is used to defraud investors to invest more funds. The broker Auu Global Limited is nothing but a liar trying to break through the psychological defense of investors to achieve the purpose of manipulating everything!
“I have been waiting for 1 month to withdraw my 130k USD from my MT4 account to my bank account. Auu Global Limited on WhatsApp said because of COVID-19, they couldn‘t return my money. In doing so, they said the government asked for a 10% tax on top of the 130k first, but I have refused to pay anything and I don’t know what to do.”
Just like most other cases, this complainant was first induced to open an account by a lady on WhatsApp. He met the beauty through Tiktok and she‘s from Hong Kong. They kept an intimate relationship online for 5 months. During that time, she sent him videos, pictures, EVEN passport details to let him believe that she was reliable. But when the investor was at a loss, he couldn’t contact Auu Global Limited nor the lady.
Apparently, she is the bait, and that is one of the most common tricks used by scam brokers to defraud investors to open accounts and deposit funds. And of course, the “tax” is another trick that is used to defraud investors to invest more funds. The broker Auu Global Limited is nothing but a liar trying to break through the psychological defense of investors to achieve the purpose of manipulating everything!