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Understanding SWAP in Forex Trading Terms

SWAP Is – For forex traders or those of you who are learning to trade, you may have heard the term SWAP or SWAP interest before. Actually, SWAP itself is not the most important determining factor of one's trading success as is analysis. But if a trader understands the meaning of SWAP and can take advantage of it, the rollover interest can bring long-term benefits. So what exactly is SWAP? SWAP is the value of the difference in the reference interest of each currency traded on the forex market. This interest will be earned by traders in transactions that are open until past midnight (stay trading positions). But please note that these SWAP payments are not always positive but can also be a burden in the trading that you do. Understanding and How to Calculate SWAP in Forex The main concept of SWAP is to calculate the difference from the interest you pay for the foreign currency sold and the interest you get from the currency you buy. Because forex trading is always done using paired ...

The Most Frequently Chosen Forex Indicator by Traders 2023

For those who are just starting their career as a trader, learning forex (foreign exchange) is a mandatory step. They must know various things about the world of trading. They must also determine the trading method to be used. Actually, in forex trading, every trader must have a different method. That's fine, as long as you use clear forex indicators to spot trading opportunities. In order to have a successful career as a trader, it doesn't matter if you copy the strategies of other experienced traders. Especially when these indicators have proven successful in the field. In addition, don't forget to continue to practice your ability to analyze market trends. The Most Frequently Chosen Forex Indicator by Traders So, what are the forex indicators most often chosen by traders? Check out the summary below. The Price Action The Price Action is often understood as a pattern of price movement. The Price Action is also often considered as a separate indicator. In this case, trader...

How to Trade Without Capital in 2023

How to trade without capital in 2023 is an attractive option for novice traders wanting to try forex trading without having to spend capital. There are various ways you can do this if you don't have a budget. It is an activity that has existed for a long time, especially in the form of exchanging goods or services. In this article, trading is the activity of buying and selling financial instruments such as stocks, foreign exchange, and others. Can be recalled to the 17th century the first currency exchange took place in Amsterdam. At first, currency was only exchanged for international trade purposes, but it developed into an important activity. Several ways to trade without capital for you to try easily At first this business was only followed by rich people who had large enough capital. However, with the rapid development of technology, it encourages everyone to start being accessed by the wider community. It has a high level of volatility so you can make big profits in a short t...

3 Forex Trading Tips with Small Capital

Forex trading tips with small capital that can be your reference when you want to dive into the world of forex. Check out the reviews only in this article. As a beginner, of course you have to start trading forex with minimal capital. This aims to minimize losses or risks that could occur. For that, for those of you who want to start forex trading, take a peek at the following forex trading tips with small capital. Playing forex with large capital is indeed a risky time. Many people have lost large amounts of money due to lack of knowledge and experience. For this reason, it would be better to follow forex trading tips for beginners with small capital while learning the world of trading first. Here are the tips we can share. 1. Using a Demo Account Until Advanced Trading The first step you need to take is to practice with a demo account. Usually brokers provide demo account facilities for beginners so they can hone their skills. If you have mastered the demo account, then you can try t...

10 Best Forex Trading App For 2023

You can get the information on our 10 recommended Forex Trading Applications which are expected to be the best applications in 2023 in this article. Listen to the end so that you can be helped. Forex trading is foreign exchange trading that is carried out in cyberspace. This trade uses a difference system when trading. The seller will make a profit when there is a difference between two different currencies. Currently, forex trading is still in great demand by the public. This is because the activities can be done anytime and anywhere. Only by relying on cellphones, transactions can run smoothly. Even so, playing forex trading is not as easy as turning your palm. It takes strategy and careful calculations in order to make a profit. It needs to be learned first by watching demos and doing exercises. Currently, there are various applications that can be used as a place to trade forex. Of the various applications, we only chose 10 applications that you can try. This selection is based on ...

Digital Transformation in Energy Sector

Technology has been increasingly adopted by all major industry sectors over the last several years—and the energy industry is no exception. The energy sector has been an early adopter of digital technologies. In the 1970s, power utilities were digital pioneers, using emerging technologies to facilitate grid management and operation.  Years ago, companies started by switching the use of analog meters to digital meters, smart meters, etc., in order to improve energy efficiency. Oil and gas companies have long used digital technologies to improve decision-making for exploration and production assets, including reservoirs and pipelines. The demand for energy is increasing rapidly. The energy sector is now in a great transition towards a very important energy transformation, and digitalization is one of the key facilitators to ensure that it is fulfilled. Digitalization acts as a lever in the sector to combat climate change and optimize power generation processes to reduce emissions and...

What is CNG fuel? A detailed explanation

What is CNG fuel? Compressed Natural Gas contains methane, nitrogen, CO2, propane, and ethane. CNG is only 1% of the volume it occupied before. Compressed natural gas (CNG) fuel Natural gas is the cleanest fossil fuel, cheaper than the other non-renewable energy sources (diesel, petroleum, coal). With natural gas, energy transition gives us perspectives while we are running out of fossil fuels. Natural gas is the most eco-friendly fossil fuel, it is a bridge from hard coal and oil to renewable, clean energy. Natural gas gives more than 25% of the EU’s energy consumption. CNG stands for Compressed Natural Gas Compressed Natural Gas is only 1% of the volume it occupied before. Producing CNG is a long and complicated process, but in the end, it remains gaseous and contains important substances as methane, nitrogen, CO2, propane, and ethane. The advantage of CNG is that it has a better heating value than petrol, while a car can take 100 kilometres with 10 litres of petrol, 6-7 litres of CN...