COVID-19 remains the biggest news item of 2020. Across the world, the number of people infected continued to rise. Nearly half a million people have died from the disease, since it first sprang up in December 2019.
Scientists are frantically trying to study and understand the nature of the novel coronavirus. One of the main areas of focus concerns how human immunity responds to the virus and whether those who have been exposed to it and recovered can be considered resistant to COVID-19.
COVID-19 New Study
According to a new study published in Nature Medicine, the levels of antibodies in asymptomatic patients tend to drop significantly two months after discharge from the hospital. It is not clear if that means the subjects can be re-infected. However, it points out the need to study long-term immunity due to the development of antibodies.
The subjects of the research were 37 asymptomatic COVID-19 patients in Wanzhou District, China. The control group was composed of 37 symptomatic individuals of the same age and sex. After detecting the asymptomatic cases through contact tracing, the researchers had them quarantined until they were COVID-19-free. They then tracked all the subjects for eight weeks after discharge from either the quarantine centers or hospital.
By design, the researchers measured two types of antibodies – neutralizing antibodies and immunoglobulin G (IgG). They found significant drops in blood levels of IgG for both the asymptomatic and symptomatic cases over eight weeks after being discharged from the hospital. In asymptomatic cases, IgG levels dropped by 71.1 percent while that of symptomatic cases dropped by 76.2 percent.
More significantly, asymptomatic cases had lower levels of IgG than their symptomatic counterparts at all the phases of COVID-19. By the eighth week, 40 percent of the asymptomatic cases had no traces of IgG in their blood.
Even though neutralizing antibodies dropped in both the asymptomatic and symptomatic cases, there was a significant amount at week eight. While asymptomatic cases have neutralizing antibodies drop by 8.3 percent, their symptomatic counterparts had a drop of up to 11.7 percent.
However, it is not clear if the data indicates the possibility of re-infection with COVID-19 months after developing antibodies. London-based scientist Liam Smeeth says there is need for large-scale and long-term studies to inform policies to do with social distancing.
Players in the forex market often have to grapple with all sorts of different terminologies. If you are a newbie, you may not have a good understanding of the term ‘forex signals’. Yet, forex signals could make your trading easier and more profitable. No need to worry. In this article, it’s our intention to explain what forex signals are and their significance in forex trading. We will show you how to apply them and why they are necessary. In the end, you should be in a position to choose the best forex signals and use them when trading.
What Are Forex Signals?
Forex signals are basically trade ideas meant to show the direction of the market in real-time. They are generated by human analysts, trading robot or trading software. Signals usually contain key information to help traders enter a solid trade on a given currency pair, while bearing in mind the time and price. They may include the type of position (sell or buy), stop loss, and take profit levels. Since they run in real-time,forex signals come with different notification methods including email,RSS, websites, Twitter or SMS. Apart from forex pairs, signals are available for cryptocurrencies, commodities, and indices.
Types of Forex Signals
There are two types of forex signals depending on their function and how they generally work. They include manual forex signals and automated forex signals. While each of these signal types have their own benefits, they work better when used at the same time. It is possible to buy both the manual and automatic signals online. The best are those that offer free trials. We discuss each one of them in greater detail below:
1. Manual Forex Signals
Manual forex signals involve a trader searching on his or her computer for signals to decide whether to sell or buy a given currency pair. As such, getting manual forex signals can take a long time sitting in front of a computer. Because of their nature, these kind of signals are mainly used in manual trading.
In their own unique way, this kind of signals are better, given the human ability to notice when things are moving awkwardly or unpredictably. It is, therefore, much easier to pull out of trades before things go really wrong. A trader is able to use his skills, experience, and intuition as opposed to programmed automated systems.
2. Automated Forex Signals
To access automated foreign exchange signals, all a trader needs to do is to command a computer software to look for certain signals. Here, the trader doesn’t have to apply himself or herself mentally and psychologically. It is up to the software to automatically interpret the options to pick (whether to sell or buy) a currency. If you are using an optimally-designed program, this will definitely work.
Apart from software that can be commanded by human beings, forex trading bots may also come in handy. The bots have the ability to process huge amounts of data within a very short time. Also, they make it possible for one to manage multiple currency pairs at the same time.
These computer systems have the ability of presenting all kinds of charts for the trader’s consumption on a 24/7 basis. Unlike humans who may get tired to follow up on the minute details, bots are unlikely to miss any important signals.
Types of Forex Signals Services
To reiterate, most traders (whether experienced or newbies) need help to succeed in the forex market. There are a number of forex signals service that remove the need for having to exercise your mind to make trading decisions. It could be anything from the human-generated manual forex signals to the automated variety. Regardless of the type of forex signals you are referring to, they are likely to be paid or free services. We delve into that deeper.
1. Paid Forex Signals Services
Paid signal services could be generated through the efforts of a human analyst or those done by bots and computer systems. Additionally, paid signals may also be sourced from various systems or software working in tandem with bots of various types. As a trader, you can choose among any of these options.
Regardless of the forex signals services you choose, all of them have features that run across. Characteristically, most paid forex signals services offer account management. You can access assistance with forex signal analysis together with supporting graphs for further interpretation. In addition to educational resources, most are likely to have a free trial period. You also get to interact with the provider in comments and special forums.
It is good to be careful when picking a paid provider, given that some provide unreliable and fake forex signals. To avoid losing your money unnecessarily, it is important to do some research before subscribing to a signals service.
Paid forex signals services may exist in any of the following forms:
Since they are high-end in nature, investor services are expensive. They usually operates as investment house or fund management services. Apart from having very high minimum requirements to join the service, they require to invest some money for a specified period so as to earn periodical returns. If you have something like $50,000 to invest, then this is the kind of service to subscribe to. Before you enroll for such a service, pay close attention to the fees, returns, and any available guarantees.
If you are a retail trader, this is the kind of signals provider you may want to work with. They charge fees on a monthly, quarterly or performance-based. The amount will depend on the level of services offered. You will be able to get the signals from a dashboard including the sell or buy price. Additionally a signals provider can execute trades for you in a timely way. When looking for a signals provider, be careful to choose one with a proven track record with a clear indication of volatility.
The other name for copy trading is mirror trading or social trading. It allows you to copy the actions of the more successful traders and try to replicate their every moves in the hope of making a profit. This is not a free service, given that you have to pay a small fee for it. Based on the platform you are using, copy trading can be manual or virtually hands-free. Once you have set aside the amount to invest, the trading platform will do the rest for you.
Are MQL Signals Any Good?
MQL signals are a form of copy trading available on the Meta Trader 4 (MT4)platform. With these signals, traders can copy trades made by FX signal suppliers right there on the MT4 trading platform. In addition,experienced traders can share signals with other users inside the community.
Given that MT4 is the most widely used trading platform, these signals are accessible to all online traders. In each and every MT4 account, there is the tab ‘Signals’ which you can turn on after signing up to the MQL5 community. Every time you log into your MT4 account, you will get easy-to-use forex signals. You can follow these and use them when making trades.
Since this is copy or social trading, it is necessary to get authorization before using the signals. Once that’s done, you can go to your trading account and make use of them. Unlike other sources, social trading makes it possible for traders to get accurate forex signals. Great savings are made in terms of fees and the risk diversified. MQL works very well if you have your own expert advisor.
Apart from having an expert advisor, you may opt to follow a trader who you consider experienced and trustworthy. On the MT4 platform, the decision to follow another trader does not mean you have surrendered the control of your account to someone else. In fact, the sign in credentials remain your hands.
Since MQL signals are by their nature automated, they come with a number of benefits to the traders including the following:
1.Quick Building of Trading Strategy
There’s no need to waste a lot of time trying to build a trading strategy. Once you have picked a trader to follow, the trading platform will be able to ape every one of their actions on your behalf.
Traders save a great deal of time since they do not have to manually place trades and monitor happenings in different markets.
Ability to diversify risk more objectively. Through social trading, you can select a number of forex strategy providers. By diversifying strategy providers, you are able to spread out the risk.
You will have access to choose supplementary strategies in addition to your current Expert Advisor. All you have to do is pick any of the automated forex signals.
5. Saving on fees
A major advantage of social trading is that it costs less than the other paid-for money management services.
6.No Barriers to Entry
Limited barriers to entry. With this option you do not need to pay have a minimum amount in your account to start. For as long as you have a MT4 account, you can start out getting forex signals through social trading.
With social trading, you get to totally avoid boring paperwork. As such, you don’t have to authorize anyone to sign on your behalf.
8.Firm Control on Your Account
Having firm control on your account. One thing traders should know about MQL accounts is that they are opened in the trader’s name. That means every trader have firm control on what happens with your account.
Traders are well protected. Once you have picked a trader to follow,you can choose the amount you want to place on their strategy. Where necessary, MT4 allows you to place a stop-loss on your account just in case the strategy doesn’t perform as expected.
10.Sharing With Other Traders
Once your strategies begin to work, you can share them with other traders on the MT4 trading platform. Just because social trading is open to anyone with an MT4 account can engage in social trading does not mean you pick just about any signals provider. It is important to assess a signals provider by carefully assessing their profile. To know if you are dealing with a professional or not, the following are some of the things to look at:
The signals provider has a real trading account.
Also consider the number of trades they have done so far. From their track record, you can know if the trader is worth emulating.
The trader should essentially have a minimal drawdown, preferably less than 30 percent.
Steady growth. A trader who has been in the business for the longest time should be able to show what they have done over the years. If the growth is drastic, the provider’s way of trading might be too risky to emulate.
It the signals provided are paid-for, then they are likely to be more authentic than the free ones.
What Are Free Forex Signals And How Do They Work?
In addition to the paid-for forex signals, there are free versions that you can take advantage of. Providers of free forex signals may send them via email, SMS, and posts in online forums. The signals state whether it’s intended for a long (buy) or short (sell) move. Together with the currency pair, the signals may also contain the price at which it is being offered.
Some free forex signals may feature the order type such as limit order (LO), pending order (PO), and market order (MO). However, these signals are not uniform and may vary depending on the provider and the broker’s platform. Some may have two abbreviations and quotations after the starting line. For example, BUY EUR/USD @ 1.2565 and SL @ 1.2545, TP @ 1.2595, which essentially implies the stop-loss (SP) is 20 pips away and TP 30 pips away from the price.
There are some forex signals which have the abbreviation TS at the end. However, only a few brokers and platforms support orders of this kind. In forex trading, TS is the short form of trailing stop. Even though a nice feature, not all traders can use trailing stops. What it does is to give traders greater flexibility.
Sources of Free Forex Signals
Did you know that you can source free FX signals online? A simple Google search will reveal numerous websites dedicated to this kind of service. If you check on social media, you can find lots of shared information on the available signals. No matter where you find them, these signals are likely to be sent out by traders, affiliates, and scammers.
There are a number of forex traders who have no problem sharing their ideas of great trading strategies with their acquaintances and friends. Most of them want to build a reputation as a good trader, help other people, and enable trading platforms to support newbie traders. One of the most popular forums where traders share free FX signals is Forex Factory. After doing an analysis on their own, traders can get reliable trading strategies, which they can then share with others.
Although not as reliable and trustworthy as traders, affiliates are another source of free forex trading signals. To get signals, all you need to do is to open a trading account with a broker via an affiliate link. While the affiliates will keep making a commission on all your trades, the FX signals will be available free of charge. Since affiliates may have no time to trade and at the same time dabbling in an affiliate program, they aren’t very reliable. So, you shouldn’t fully trust signals from affiliates even though they are better than having to come up with your own strategies. If they have a demo account, you can use it to test the free FX trading signals.
Apart from being very unreliable, scammers only want to make affiliate commissions from traders. Some only want you to buy “free” signals. They are likely to entice you with a few free signals so that you can start purchasing premium signals. Once you sign up for the free FX signals, you will keep receiving additional signals for sale. Through their trickery, scammers may provide ‘buy’ orders to some and ‘sell’ orders to others. Once the scammer splits the audience into two, he or she is assured of making a profit from one group even if the other is making losses.
Should You Or Should You Not Use Free FX Signals?
If you are a new trader, the temptation of using any FX signals you find online can be overwhelming. However, you shouldn’t pick just any signals. Online forex trading works well when you get to master how it works. But they will take you long hours and lots of hard work. The fact that you have the most profitable FX signals doesn’t mean you are becoming a master of online forex trading. What’s happening is that you are fully dependent on another person.
Of course, you will get returns albeit short-lived. When you come to think of it, this is not the same as charting your own long-term journey in forex trading. By performing the trades yourself, you are by extension taking time to learn the workings of the forex market. If you must get free FX signals online, you are better off looking in forums. It is best to work with traders who are experienced and have a proven trading history of more than 6 months.
Don’t trust anyone that promises results without showing what they have done previously. A trusted signals provider has nothing to hide and will be very glad to share his or her history with you. Besides, it is possible to verify signals by checking out the trader’s history through their MT4 account. You can find such information on forums such as MyFXBooks.
How to Pick the Best Forex Trading Signals Provider
Given the many options available, settling on one FX signals provider can be a daunting task. That’s why traders are advised to take time and research certain aspects of the signals provider. The following are some of the things you should look out for:
1. The profitability of the Signals
If the signals have no profit potential, why should you use them? Don’t be fooled by the claims made by certain traders about catching thousands of pips in a month. Check out their track record. Not that profits can be guaranteed. Rather, they are risky ventures which may result in losses. According to industry experts, the higher the reward-to-risk ratio, the more profitable it is.
2. Verified Trading Results
A trustworthy signals provider should have no problem showing you his or her verified results from the previous trading. It’s only with a verified track record that you will be able to know whether the trader’s claimed performance is real. These results should be verified by an entity like ForexFactory, FX Blue, MyFXBook, and so on.
3. Signals with Charts and Comments
A good provider of forex signals should include charts and comments. It is not enough to send the entry price, take-profit level, and stop-loss level. Traders need high-quality forex trading signals complete with charts and comments so as to be sure why they are taking a short or long position. Because of the way this information gives insight into the workings of the market, it is easier for you to learn your ropes.
4. Availability of a Free Trial
If the signals provider is transparent, he or she should have the option of a free trial for traders. During the free trial period, traders get the opportunity to check out the quality of the forex signals. After that, you can choose if you want to go ahead with the subscription. It doesn’t matter how long the free trial period is. What’s important is that they help you know the signals provider better.
5. Whether You Use the Same Broker
An important consideration is that you and the signals provider must of necessity be trading through the same broker. With that, you won’t have to worry about the execution speed or your profits being affected by the spreads and slippage. When you use different brokers, you are likely not to hit your targets.
6. Whether You Need Automated Signals
Whether you pick a signals provider who emails you the signals or one whose processes are fully automated is a personal choice. If you have an MT4 trading account, you can make use of Expert Advisors, which work automatically. Despite the type of signals you choose, stay fully in control of the risks and possible equity.
Clearly, forex trading signals are important for both the seasoned and newbie traders. You can get these signals from paid-for providers as well as the free ones. Among the paid ones, we have those which require you to open an account with a high minimum balance. The rest are nearly free. If you must use forex signals, know where to find them. But as you use them, also learn the intricacies of forex trading. Nothing is as fulfilling as being able to do some things on your own.
The forex market has grown so big in the last decade that websites have emerged to connect traders and help them make sizeable profits.One of these websites is the Forex Factory. It is a forum where traders take advantage of several features to enjoy a more fulfilling trading experience. Forex Factory was launched in 2004 with unique features that help traders to perfectly time their trades. As such, it has features such as Forex Factory News and Forex Factory Calendar to help traders make timely trading decisions.
Their website is a great tool for both the experienced and newbie forex traders. Its popularity emanates from the fact that it provides members with the market intelligence they cannot find elsewhere. The website has a forum when traders can place their reviews and help others make better trading decisions. With the information sourced from this site, traders stay ahead of the pack with great investment strategies with guaranteed profitability.
However, some online reviews have cautioned traders against scammers who could prey on them on the Forex Factory website. Thus, traders have to be careful not to end up losing their hard-earned cash. In this write-up, we delve into the features of Forex Factory that are bound to make your FX trading experience profitable.
Why Do People Love Forex Factory?
When it comes to presenting content in a simple, uncomplicated manner, the Forex Factory truly stands out. The designers of ForexFactory.com understands that it is not having great content but how you present it to the users that really matters. By and large, Forex Factory delivers quality in an intuitive easy-to-understand way.
Traders like it that way. When they are able to get quality without having to sacrifice on elements of design, the user experience is heightened. The website is geared towards making it easier for forex traders. Getting all the necessary details is possible within no time. Some online reviews consider it the easiest to navigate and most accessible forex-oriented website. It is possible to access troves of information without the fear of making unnecessary errors. With this information, it is possible to improve your ability to trade and make greater gains.
When it comes to the user interface, the website has easy-to-master operation procedures. It is easy to trade and authenticate market news before using them to trade. Using the navigation tool, you can easily move between tabs without much of a hassle. The website has quick hyperlinks to give you access to the latest information first.
Despite having been in business since 2004, ForexFactory.com continues to be responsive to the growing needs of forex traders worldwide. Every year, they keep introducing fresh elements to make the trading experience even better. Right from the home page, you will get all kinds of data and information concerning exchange rates, latest news, and updates.
Features of Forex Factory and How They Work
The best way to gauge Forex Factory is to critically analyze its key features and how each one of them plays a role in helping you to make more profits. The following are the features that define ForexFactory.com as a forex website:
1. Forex Factory Forums
Forex Factory forums are one of the best features of this website. The forum is full of activity with various traders making contributions to the conversations. World over, this could be the most active forum with huge numbers, a variety of topics, and in-depth discussions. On this platform, you have the opportunity to become more knowledgeable when it comes to forex trading.
It is estimated that ForexFactory.com forums have audiences from all over the world. The forums bring together traders from all over the world making the information available current and in conformity to prevailing market trends. Apart from being interactive, Forex Factory provides very useful lessons on forex trading.
If you are looking for solutions to trading issues, this is the forum to join. You don’t have to be an active participant on the forum. By following the discussion thread which runs on a 24/7 basis, you will learn a lot from your fellow traders. For solutions to specific trading issues, all that’s required is to search for a particular topic.
For newbie forex traders, the forex factory forum has information geared towards sharpening their trading skills to make then professionals within the shortest time possible. To enable ease-of-access to information, the forums are classified as Rookie Talk, Broker Discussion,Trading Systems, Interactive Trading, and so on. All it takes to get specific information is to join any of the specialized forums to interact with like-minded traders.
2. Forex Factory Calendar
Forex Factory Calendar is one of the most popular features for traders on this website. With the help of this feature, traders are able to maximize their profits. According to most of the online reviews by Forex Factory users, the calendar is the biggest reason they sign-up on this website. This is hardly your regular calendar. Rather, it is a comprehensive economic calendar that provides you a lot of useful information.
Due to its innovative nature, the calendar is hailed by some reviewers as one that has altered existing financial and economic calendars. Some of the unique elements of Forex Factory Calendar include impact ratings,adjustable time zones, economic charts, real-time data release, links to sources of events, and dates of important economic data.
Add to that relevant filters and a detailed viewing chart and you have a tool that can make your trading very efficient. It gives you to access timely news which you can filter according to topical relevance.
Given that markets react to news of economic and other environmental issues, it is necessary to have such information. It impacts movements in the money market and can provide key intelligence for traders. Whether you are a professional trader or a newbie, the data and information released to properly position their trades.
The uniqueness of Forex Factory goes beyond the large library of information. There are hundreds of highly trained forex experts who not only keep watch but also provide regular updates for the consumption of traders. Traders will benefit from insights and updates from a group of financial economists working for Forex Factory. Thanks to their work, the calendar is always up to date and reliable. Given its reliability, a number of forex trading websites have adopted the Forex Factory calendar for use by their subscribers.
Here’s a short guide on how traders can use Forex Factory Calendar:
Step 1. Starting Out
Once you open the Forex Factory Calendar, you will see a screen with multiple activities.
Step 2. Configuring the Time Zone
The first thing to do one you open the calendar tab is to set the time zone. There is a timestamp in the upper corner to the right. On the next page, you can set the time zone. This synchronizes the time for every news event with the local time in your area. Once that’s done, you can toggle the DST (Daylight Savings Time) on or off. You may also change the time format between am/pm and the 24-hour system.
Make sure you go through all the settings you wish to change before clicking “Save Settings”. If you want to retain the settings for longer, do not clear the cache in your browser. After saving the settings, the correct time will be displayed on the screen.
Step 3. Setting the Event Filter
By now, the Forex Factory Calendar should be fully displayed with all available news events reflecting the local time. Now what needs to be set is the event filter. The purpose is to set criteria for the news and currency types to display. It works well if you are following specific currencies or news events.
Start by clicking “Filter”, an icon on the calendar page.This will take you to a screen where you can filter events by currency, event type, and expected impact. In the expected impact boxes, yellows mean low-impact news, orange indicates medium-impact news while a red represents high-impact news. To get a complete picture of what to expect in the near future, you may want to pick the medium-impact and high-impact news. You will get specific news items without the fear of being bombarded with unnecessary clutter.
Review your options to be sure that you have chosen everything you want. After clicking “Apply Filter”, you will be able to get only the currencies and events you picked. Whenever you need to change the settings, you can do it at virtually any time.
Step 4. Selecting a Time Frame
By now, you have set your time zone and configured the filter. Next, you should select the time-frame you desire. This is the length of time the calendar will show. Depending on what you want, the time-frame can be a day, week or month. If you want, you can pick the predetermined time-frames appearing on the navigation pane. Most professional forex traders opt for an entire week to enable them to get ready for days to come and not just a few hours.
Step 5. Getting the Most Out of Forex Factory Calendar
Apart from surface content like scheduled time, expected impact, and event name, there is additional information you can get from Forex Factory Calendar. The only problem with this feature is that it can take you to unnecessary details in the news and not just the analysis that aids your trades. Some of the additional details include the event source, history, and frequency. If you are a technical trader, these details may not help much. The things to concern you the most is the news timing and expected impact.
3. Forex Factory News
News about the forex markets and economic situation has an impact on the direction in which the market moves. The change in the market due to certain news could be sudden or swift leading to a possible reversal in a whole trade.
To be in a position to deal with possible changes in the forex market, it is important to follow up on news and trends in the economic circles. The good thing about Forex Factory News is that the sources of information are varied, thus, giving you a complete picture of what to expect.
Besides, Forex Factory has an editorial team that ensures that fakes news and the falsely reported ones don’t reach the readers. What that means is that what you get on this platform is fully authenticated. However, before making a trading decision, first, check your accuracy of the news to be sure.
To recap, it is important to follow up on the medium-impact and high-impact news. It is important to follow up on news about Nonfarm Payrolls, Federal Open Market Committee (FOMC), unemployment rates, Final Gross Domestic Product (GDP), monetary policy announcements, and an announcement from the central bank on rates.
4. Forex Factory Market
Forex Factory has many innovative features and this is just one of them. The Forex Factory Market has elements such as the Scanner, Chart, and Sessions. This feature collects and displays data from a number of different brokers. The purpose is to show the best instantaneous rates more comprehensively. There is nowhere else you will be able to get rates that are as close enough to the actual thing as possible.
Due to its accuracy, the MDA (Market Data Application) is hailed by different reviewers as a “True Pricer”. You can use it to compare prices from separate operators and get a centralized rate for your forex trades. The charts and scanners are free-of-charge and can be accessed by all users. They enable even the inexperienced traders to make their trades without much of an effort or glitch.
For traders who are not adequately tech-savvy, there are several guides on ForexFactory.com to enable you to learn how to use these features. Any doubt you had about the relevance of the charts is adequately addressed through these charts.
5. Forex Factory Trade Explorer
One of the major attractions of Forex Factory is the Trade Explorer one of several trading elements on the website. As a feature, Trader Explorer was launched in 2011 to facilitate a seamless trade. It also enables the intelligent analysis of every trade you make. Additionally, it helps to analyze a trade that’s possible to be undertaken up to a given point in time. This dynamic feature is everything you need to have seamless trading experience.
Other Things to Know About Forex Factory
Apart from the features already conversed in this write-up, there are several things about Forex Factory which makes it stand out from the crowded forex market. They include the following:
1. Live Charts
One of the things about Forex Factory is that it has great charts to help you get a detailed analysis of the market. These charts are great indicators of the positioning of the market at any particular time. On the Forex Factory website, the charts are found by clicking the “Market” tab. No need to log in to your account. Once the page is displayed, you can click on any chart and view it.
2. Finding Good Trading Strategies
Undoubtedly, Forex Factory brings together traders who depend on each other for the formulation of trading strategies. Every day, people share great ideas that are then used by those in need of some inspiration. One can take advantage of the discussions on trading systems, trading journals, and trading strategies. While some posts have the general information, others contain ready-to-use trading strategies.
Apart from explaining their trading strategies, some traders answer all the questions that may arise. Since some of the available threads have been on the site for years, you can use them to find strategies that have actually worked.
3. Finding Bad Trading Strategies
To most traders, this might seem counter-intuitive. However,identifying the strategies that have made traders lose consistently can help you to make better decisions. The idea is to scour the forums on Forex Factory with the aim of finding the worst trading strategy ever. Then flip it over the head. By doing the exact opposite of a bad trading strategy, you should be in a position to get a really good one. Beware of traders who try to deceive others by posting only a portion of their charts and results. If a trader is ever losing on his trades, don’t expect him or her to post that on the site.
4. Finding Indicators
One of the things that make Forex Factory a favorite for many traders is the multiple indicators it offers. Even if they are mostly MT4 indicators, the variety is exactly what every trader needs to succeed. If the indicators are proving hard to understand, you can modify them to do exactly what you want. Some of the indicators on Forex Factory can be accessed by doing a single search on Google. If you are already on the Forex Factory website, you can simply go to the tech platform.
5. Forex Factory as a Journal
Every trader needs to keep a journal of all their activities in the forex market. The journal may contain the numbers involved as well as other details of the trades. It is great if the journal is on the open forum so that you can gauge other people’s comments.
Regardless of whether you get good or bad comments, you will be able to get a better focus on your trades. If anything, it helps when other people question your strategy. It is possible that critics will point out a problem you may not have noticed otherwise. After all, the purpose is to get feedback, which you can then use to re-strategize.
Keeping a journal is also about being accountable to yourself and others. Once you start having followers to your journal, you will find the time and energy to keep writing it every day. Through the journal, you have inadvertently made a commitment to others and to yourself.
6. Networking with Other Traders
Given the lonely nature of forex trading, you need a network of other people with whom you can talk and share ideas. It helps when you are able to find traders with strategies similar to yours. The people you interact with on Forex Factory can alert you whenever something of great importance springs up. You will also never miss any trade setups. If you have a problem, you can present it to the forums and find solutions. As you get help, you should also offer assistance to others. As you extend help, you become better at making trading strategies.
7. Finding Trading Firms
Forex Factory is a great forum where you can present your ideas to a wider audience. As you write about trading, you will generate positive interest from trading firms who need people with your skills. Many individuals have been offered jobs just by exposing themselves online and so can you. As a trader, take advantage of the opportunities on Forex Factory to get opportunities to work for trading firms.
8. Tracking Your Trades
With Forex Factory, traders can track their trading activities in real-time. Every time you make a trade, Forex Factory will display it to other users. With time, you will start getting positive attention from your peers on this forum. It is also about being accountable to yourself and others. You can enable live tracking by clicking “Create Trade Explorer” on the drop-down menu on your username. That simple and easy, you will be able to display your trading to others.
Clearly, joining Forex Factory is a necessity for anyone who is after getting the most out of his or her trading. Apart from the Forex Factory Calendar, there are other features that make the forum worth the while. By tracking current news events and their impact on the forex markets, traders are able to make more informed strategies. Traders can make the most out of Forex Factory by starting a journal or tracking trades. Both of these are ways of sharing trades among peers on the forum. Only that you need to take time and learn how to correctly use ForexFactory.com.
2019 set in with the launch of state-of-the-art smartphones including Huawei Mate X, Samsung Galaxy S10, and Sony Xperia 1. Just like Huawei Mate X,which has folding capabilities, the Huawei P30 and Huawei P30 Pro are flagship products from the giant Chinese technology company.
Over the years, Huawei has been pushing the boundaries in the mobile phone market and it has succeeded in doing so with the two handsets. To enable smart photography, Huawei was the first mobile company to implement cameras with dual-lens as well as triple-lens.
Huawei is a leader in innovative mobile technology
Huawei P30 Optical Stabilization
Characteristically,the P30 has a triple-lens camera with a 40 MP F1.8 wide-angle lens, a 16 MP F2.2 ultra-wide-angle lens, and 8 MP F2.4 three times telephoto lens. The P30 Pro has an extra depth-sensing camera together with an 8 MP F3.4 five times telephoto lens, a 20 MP F2.2 ultra-wide-angle lens, and a 40 MP F1.6 wide-angle lens.
With these phones, Huawei introduces a 5x optical zoom which raises the bar one more time in smartphone photography. As a word of caution, you may have to wait to see how the cameras will turn out in real-world situations. According to Huawei, the phones come with better image processing algorithms, sensor upgrades, as well as optical stabilization
Great photos for all occasions
Huawei P30 Storage Capacity
Huawei managed to show off some low-light photos in a demo on-stage. The images were not just excellent but they were as good as the night shots from Google Pixel phones. Bear in mind that these photos may have undergone quite some AI processing.
Thenew Huawei phones come with ultra-narrow bezels and a tiny teardrop notch. Given the 6.1-inch P30 and 6.47-inch P30 Pro, the handsets and compact enough for the discerning smartphone owner. The screen resolutions stand at 2340×1080 pixels for both handsets.
One thing you will not see with your eyes but which defines the functionality of the two handsets is the Huawei Kirin 980 processor, the latest in the company’s innovativeness. Both phones have a maximum of 8 GB RAM. The difference is in the internal storage capacity. While the P30 has a capacity of 128 GB P30 Pro has a 512 GB storage capacity.
Innovative 3-in-1 camera for great photos
Huawei P30 Best Phones for 2020
Both phones have a fingerprint sensor on the screens. When it comes to acting as a password, Huawei says they have made the fingerprint sensor even faster. The Huawei P30 Pro has an IP68 rating, which makes it totally dustproof and waterproof. As for the Huawei P30, it has a a less-airtight IP53 rating, which does not make it fully dustproof or waterproof.
Other features offered by these handsets include wireless charging, fast charging, as well as reverse wireless charging. Thus, it is possible to use the phones to charge smaller gadgets wirelessly.
You can get the two phones in Breathing Blue,Aurora, Amber Sunrise, Pearl White, and Black colors. The Huawei P30 goes for $900 upwards while the Huawei P30 Pro goes for $1,130 upwards. If you are looking for a good smartphone to light up 2019, any of these two will do just fine.
Forex trading – What does it entail? Well, every country in the world has a local currency that’s used by its citizens and residents when carrying out business transactions. In order to trade with people in other countries, it is necessary to exchange local currencies with foreign ones. For example, a Germany resident who wants to buy computers from the US must exchange the Euro for the dollar. This is also true for travelers to other countries. It is necessary to get an equivalent of the local currency in order to make transactions.
It’s the need for currency exchange that has necessitated the existence of the forex market. Also known as currency trading, FX market or foreign exchange market, the forex market is the most liquid and largest market in the world. On average, the daily trading volume in the forex market is more than $5 trillion. No other market comes close.
What Is Forex?
The forex market a global market on which people trade currencies from across the world. It is characteristically decentralized with currency trading conducted over-the-counter (OTC), electronically. Instead of relying on a centralized exchange, traders rely on computer networks to trade with their counterparts across the world. The forces of demand and supply determine Forex rates or prices. As such, the Forex rate between two currencies determines how much you will get in foreign currency for your money.
Forex markets are open for trading 24 hours a day, 5 ½ days a week with trading happening in the world’s major financial centers of New York, London, Zurich, Tokyo, Hong Kong, Frankfurt, Paris, Singapore, and Sydney. Thus Forex trading takes place around the clock across different timelines. As soon as the trading day ends in New York, it starts afresh in Hong Kong and Tokyo. Since it remains active throughout the 24-hour cycle, price quotes on the Forex market keep changing.
What is Forex Trading?
Forex trading refers to the buying or selling of currencies. Every day, central banks, commercial corporations,institutional investors, corporations, and individual traders exchange currencies. Depending on the organization or individual exchanging currencies, the reasons for doing so could be to make a profit, facilitate tourism and international trade or balance the markets.
Usually, forex trading involves currency pairs in the spot or futures markets. Conventionally, a currency pair changes in value depending on the forces of demand and supply. However, political, environmental, and economic factors such as national elections, natural disasters, and wars also determine the value of a currency pair. Since currency pairs are very responsive to changes in the economy and environment, forex markets are said to be very volatile.
Currency Pairs and How They Work
All transactions on the forex market involve the buying and selling of two currencies, all at the same time. The two currencies for buying and selling are called ‘currency pairs’. One of the most common currency pairs on the worldwide forex market is the Euro/US Dollar. The currency that comes first is the base currency while that which comes second is the quote currency.
The prices of each currency pair are either either bid price or ask price. For example, in the EUR/USD currency pair, the bid price could be 1.0816, which means you can sell EUR1 for $1.0816. If the asking price is 1.0818, it means that you can buy EUR1 for $1.0818. This creates a spread of 0.0002 (1.0818 – 1.0816) or 2 pips. In the forex markets, the spread is the asking price minus the bid price. This is the cost of trading or the amount of money to be made by the forex brokers.
On the forex market, trade-in progress is a ‘position’. Trading positions can be of two kinds, namely a ‘short position’ or ‘long position’. When a trader takes a short position, he or she sells a currency with the expectation that its value will decrease. The intention is to buy back the currency at a much lower value. Once the trader buys back the currency – preferably for less than he or she sold it – the position is ‘closed’.
A ‘long position’ is the situation where a trader buys a currency with the expectation that the value will rise. Later, he or she will sell it back to the market for much more than he or she had spent. That means the trading position is effectively ‘closed’.
Say the EUR/USD currency pair is trading at 1.0816/1.0818. An investor can open a long position on the Euro by buying EUR1 for $1.818. In the intervening period, the trader holds the Euro hoping that it’s going to appreciate and later sell it to the market. With higher prices, the expectation can only be that the trader will get some profit. If the trader chooses to go short on the Euro, he or she will sell EUR1 for $1.816. If the Euro depreciates, he or she can sell it back to the market at a much lower rate.
The forex market, has different types of currency pairs. While the major currency pairs are 7, traders can take advantage of other options. The following are the types of currency pairs on the forex market:
1. Major Pairs
Over 80 percent of currency trading involves the major pairs. Because of that, the currency pairs have high liquidity and low volatility. Major currency pairs are from the stable,less-troubled economies. They are less likely to be manipulated and come with smaller spreads compared to other pairs. Examples include the EUR/USD, USD/JPY,GBP/USD, USD/CHF, AUD/USD, USD/CAD, and NZD/USD. As is clear, all the major currencies involve the US dollar.
2. Crosses or Minor Pairs
Currency pairs in that do not include the USD are either crosses or minor pairs. Traditionally, traders had to convert crosses into USD before determiningits value in the desired currency. However, the evolution of forex trading, has made it possible to trade crosses directly. Examples include GBP/JPY, EUR/JPY, EUR/GBP, NZD/JPY, CAD/CHF, and AUD/JPY. Apart from being less liquid, these currency pairs are more volatile than the major currency pairs.
3. Exotic Pairs
Exotic currency pairs are those from the smaller, emerging economies when paired with one of the majors. In comparison to the majors and crosses, exotic pairs are fraught to higher risk, given that they are more volatile, less liquid, and more likely to be manipulated. Apart from being ultra-sensitive to sudden shifts in the economic and political spheres, these currency pairs have wider spreads. Examples include USD/MXN, GBP/NOK, GBP/DKK,CHF/NOK, EUR/TRY, and USD/TRY.
Types of Foreign Exchange Markets
To reiterate, the purpose of the forex market is to enable individuals and organizations to buy currency in a foreign country and do business there. The forex market is not just one but can be of different types depending on the transactions. Below is a look at the three major types of forex markets:
1. Spot Market
On the spot market, traders buy and sell currencies using the prevailing price. This is the price that’s established by the interaction between the forces of demand and supply. Some of the factors influencing this price include economic performance, prevailing interest rates, sentiments on the current political situation, and the expected performance of the currency in the future.
In this market, a finalized deal is referred to as a ‘spot deal’. It involves two traders with one delivering a pre-agreed currency amount to the other party and receiving a specific amount in another currency at an agreed exchange rate. Upon the close of a position, traders do the settlement in spot cash.
Contrary to its name, transactions in the spot market take up to two days to settle. This exposes traders to losses occasioned by fluctuations in the highly-volatile currency market. In the end, traders may suffer when prices are either lowered or raised after entering the agreement and before closing the trade.
2. Futures Market
Transactions in the futures market involve future delivery and payment at an agreed future exchange rate. Unlike in the spot market, traders in the futures market do not deal with actual currencies. What they deal in are contracts representing claims to a certain type of currency, a specified price per unit, and a settlement date in the future. Due to their standardized nature, the contracts have elements that are fixed and non-negotiable.
Essentially the transactions in the futures market aren’t prone to the volatile nature of the currency market. This type of forex trading is popular with traders who have no problem making large currency transactions with the aim of making assured returns on investment.
3. Forward Market
While transactions in the forward market are similar to those in the futures market, they are different in the sense that the trading parties can negotiate the terms of the contract. As such, the two are able to tailor the terms to their specific needs. The transactions in this market may involve the swapping of two currencies for some time after which the currency is returned when the contract ends.
Like the Futures market, the forward market protects investors against the many risks in the forex market. To avoid making losses due to fluctuations in exchange rates, large multi-nationals often hedge using these futures and forward markets. Due to the entry of speculators in these markets, they now account for over 70 percent of the trading volume in the forex market.
How Hedging Works in Forex Trading
By the nature of their operations, multi-national corporations do business in different foreign countries. Thus, they are at the risk of losses due to fluctuations in the value of currencies when they sell or buy goods or services outside of their home markets. Luckily, forex trading allows them to hedge their currency risk by establishing a rate at which they complete transactions. As such, a trader may opt to buy or sell a currency in the futures or forward markets that lock in exchange rates and enable him or her to hedge. Hedging may involve one of two main strategies, which we discuss below:
1. Strategy One
A trader may hedge by holding short and long positions at the same time to protect a current position from unexpected moves in a currency pair. In forex trading, this is a ‘perfect hedge’, given that it eliminates all the possible risks and guarantees a profit for as long as the hedge remains active.
Bizarre as it may sound, considering the opposing short and long positions, this is a strategy that’s commonly adopted by traders on the forex market. This kind of hedge often arises when a trader already has a short or long position for the long-term but opts to open a contrary trade in the short-term to benefit from a momentary market imbalance.
2. Strategy Two
It is possible for a trader to hedge with the aim of protecting a current position from a negative move in a currency pair. Here,forex options are used to protect a short or long position in what’s known as an ‘imperfect hedge’, since only part of the risk is eliminated by the hedge. Also, a trader has a guaranteed of part of the possible profit from that particular trade.
A trader may create an imperfect hedge from the short or long positions. If in a short position on a currency pair, a trader could reduce his upside risk by buying call options or reduce his downside risk by buying put options contracts.
Traders make imperfect upside risk hedges using call options contracts. Here, a trader has the right to buy a given currency pair at a stated price on or prior to a specified date from the seller of options in exchange for an upfront premium. Take a forex trader who is short on the EUR/USD at 1.0945 with the expectation that the pair will move lower. However, there is a concern that the outcome of a presidential election could make it move lower. To hedge using a call options contract, he could place a bid with a price slightly higher than the prevailing exchange rate, say 1.0985 with an expiration soon after the elections.
If the GBP/USD pair moves up soon after the election, the trader knows he has limited his risk to 40 pips (1.0985 – 1.0945) together with the premium paid for the options contract. At a price of more than 1.0985, the trader can only lose at least 50 pips and the premium since he can cover his short position by buying the GBP/USD pair from the seller of the call option at a 1.0985 strike price. It doesn’t matter what the prevailing market price is.
On the other hand, imperfect downside risk hedges are done using put options hedges. With these, the trader has the right to sell a given currency pair at a stated price, before or on a pre-determined date, to the buyer of the option for a premium.
Say you are long on the EUR/USD at 1.3255 in anticipation that the pair will eventually move higher. However, you are worried that the pair could move lower in case of an announcement of a bearish economic situation. You have the option to buy a put option contract to hedge a portion of your risk. The strike price should be below the prevailing exchange rate,say 1.3205. As for the expiration date, it should be soon after the
If the EUR/USD doesn’t move lower after the announcement of the economic situation, you will be in a position to hold onto your long trade on the EUR/USD. As it rises high, you will keep making profits, the only cost being the premium you had placed on it.
However if the economic announcement causes the EUR/USD to start moving lower, then you don’t have to worry about that since you know you have limited your risk to at most 50 pips (1.3255 – 1.3205) plus the premium you placed. That’s because you can sell your long position to the seller of the put option for a 1.3255 strike price no matter the prevailing market price of the pair.
Forex Trading As Speculation
Forex trading is entirely depended on environmental factors such as geopolitical risk, economic strength, tourism, trade flows, and interest. These factors have an effect on the demand and supply of currencies and determine how volatile forex markets are on a daily basis. While this creates a risk, it also brings about an opportunity to benefit from changes leading to the appreciation or devaluation of a currency. Thus, a trader could put his money on the fact that a currency could increase or decrease in value.
In that regard, forex trading is a largely speculative exercise. That’s especially as concerns day trading which can yield extreme profits while exposing you to very high risks. Every time a trader places a trade, he or she is speculating that it will result in profits within the time interval of placing the trade and getting out of it. Together with traders in the stock market, position traders, as well as hedge funds, are all speculators.
Many people view speculation in the forex market as controversial owing to the high likelihood of negative actions such as currency devaluation. Yet, according to economists, the forex market needs speculators. That’s because hedgers can find a group of individuals willing to take on the risk. To the naysayers, currency speculation relies on the basis of external factors such as the political situation and not free-market economics.
Even though speculative in nature, forex trading is still a respectable way to make money for traders willing to risk. Say, you expect a rise in interest rates in the US, compared to Australia when the value of the AUD/USD pair is 0.80. As a result of increased interest rates in the US,the demand for the USD may increase. This will cause a fall in the AUD/USD exchange rate since traders will require fewer USD to buy the AUD.
If the prediction of a rise in interest rates in the US turns out to be true, the price for the AUD/USD pair could decrease to 0.60. A change in value will lead to a profit is you hand gone long on the USD and short on the AUD. Since that’s purely speculation, it could go the other way if the interest rates in the US don’t increase.
Currency as an Asset
Forex trading gets interesting when you look at currency as an asset. Currencies are called assets, given the possibility of earning the difference in interest rates between currencies in a pair. By going long on currency in a country with high-interest rates and short on one with low-interest rates, a trader can make a considerable amount in profits. Players in the market call this ‘carry trade’. Also, it is possible to earn profit from any exchange rate changes.
Traditionally, hedge funds, high-net-worth individuals, and multi-national corporations, dominated the forex market. That’s owing to the high capital requirement back then. Today, individuals can invest in forex markets through brokers or banks. Only that a majority of the online traders offer higher than average leverages, especially with individual traders who are only able to maintain a small balance in their accounts.
Is Forex Trading Worth Trying?
Despite the risk it involve, forex trading is worth trying. After all the major determinant of prices in the market are the forces of demand and supply. Thus, it is not possible for individual traders to manipulate currency prices. This is especially true for traders with access to the interbank dealings.
For those who rely on the forex dealers or brokers, the risk is in their either unregulated or semi-regulated nature. Even when with proper regulation,forex dealers may lack the safeguards, exposing traders to possible losses. Before you start it out in the forex market, check is the registration and regulation status of the broker whether in the UK or the US. Always work with a broker with the right account safeguards, just in case of insolvency declaration.
You need an iPhone 11 Pro case for one of Apple’s first-class devices. It features the same 12MP camera, with a wide-angle lens, a telephoto lens, and an ultra-wide-angle lens. It is definitely designed to provide you with the best photos.
No wonder the buzz around this phone continues to elicit enthusiastic reactions from iPhone lovers. If you are planning to buy this phone, you should be ready to pay $1000 or more. That means you cannot expose it to situations in which it could be damaged. So, you need a case to protect it from damage due to falls. In this write-up, we feature the best iPhone 11 Pro cases. Read on.
1. Spigen Ultra Hybrid Designed for Apple iPhone 11 Pro Case
The best iPhone 11 Pro cases need to be compatible with the device itself. That is exactly what this case delivers. It is created to fit the phone in all the right places. For example, the buttons are pronounced to help you easily feel and press them. In short, there is no guesswork when it comes to using your phone. Additionally, the phone has cutouts that are large enough to fit all types of cables.
But it is the crystal-clear nature of this case that makes it ideal for you. When you slide your iPhone 11 Pro into it, you will hardly notice it has a case over it. If you are the kind of person that doesn’t like a conspicuous looking case, this is what you need to buy.
Designed using hybrid technology, this case will protect your phone against possible breakages after a fall. The bezels are raised so as to lift the camera and screen and prevent them from coming into contact with flat surfaces. In the process, it prevents scratches to the screen and camera.
Crystal clear design mimicking phone design
Raised bezels protect screen and camera from scratches
Looking for a case that also showcases the true color of your phone? If so, then you should buy the TORRAS Crystal Clear iPhone 11 Pro Case. Its slim profile fits in perfectly with the iPhone 11 Pro 5.8-Inch. The case is made using the proprietary X-SHOCK technology to ensure no breakage when you drop the phone. Any shock is absorbed by the cushioned air corners making it impossible for the phone to break.
The best iPhone 11 Pro cases are those that maintain their clarity over a long period of time. This particular product is designed to remain clear over a long period of time, thanks to the Germany-made TPU material. One thing about this case is that it is smudge-proof. If you have issues with fingerprints remaining all over your case, don’t worry. This particular one is designed not to retain smudges and ripple marks.
It comes with a rubberized bumper, which tightly grips your phone while making sure that the buttons remain accessible. The non-slip grip makes it easy to install and take out. One thing you can be sure of is that this case will protect the phone from dust and scratch.
Sometimes you might want an iPhone case with a distinct color. This brown-colored case is designed to perfectly fit onto your iPhone 11 pro. Because of its color, it is unlikely to show fingerprints and smudges. Also, it will provide a unique look that is distinct from the original color of the phone. Who doesn’t want to stand out from the crowd?
It is designed with a 360-degree form factor that protects the phone on all sides. This case has been tested and is certified to be capable of protecting your phone from falls of up to 6.6 feet. Just what can beat that? The good thing with this case is that the materials from which it is made still allow you to charge your phone wirelessly.
The slim, lightweight case has rubberized sides, which absorb the shock that comes from a fall. To protect the camera lens, the case comes with a beveled hole. The coating on the case is both UV-resistant and anti-scratch. But that has no effect on the functionality of the phone. In fact, the buttons remain extremely easy to press.
The whole idea of having an iPhone 11 Pro case is to protect your phone from possible breakage. The Mkeke case is designed to be both scratch-resistant and shock absorbent. There is no way that accidental drops are going to leave your phone broken. The material itself is made Soft TPU, which absorbs shock and Hard PC which is scratch-resistant.
A slim, lightweight case, it is perfect for your iPhone Pro 5.8-Inch. It fits onto your phone on a 1 to 1 ratio. So that you keep taking your photos, the phone fits perfectly around the triple-camera. Not just that but it is also capable of protecting the camera against possible damage. It also perfectly accommodates all the ports, buttons, and speakers.
As a testament to the quality of this case, the manufacturers provide a 1-year replacement or refund policy. When you combine that with the low price, you will discover that this case is worth your investment. Additionally, it is transparent to bring out your phone’s original color. In fact, it doesn’t look like a phone case at all.
If you are looking for the best iPhone 11 Pro case with a finely-finished design, this is the best product. In just one piece, the manufacturers have combined leather with a carbon fiber texture, wood veneer, and TPU. That makes it a durable, long-lasting case with scratch-resistant capabilities. The TPU rubber has shock-absorbent capabilities meaning it protects your phone when it falls down.
The case comes with a slim-fit design that closely grips onto your phone and avoids making it look too bulky. If it was not for a unique color, it would be hard for you to notice that your phone has a case. It is designed for use on the iPhone 11 Pro 5.8-inch, so there is no guesswork here.
However, this case doesn’t just offer protection to the back of your phone. The front has raised lips to ensure that the screen develops no scratches on flat surfaces. Also, the camera cutout protects the lens using a similar feature. The openings are cut to precision to ensure that all cables fit perfectly. It is also easy to press your buttons when you use this case on your iPhone.
Best iPhone 11 Pro Cases – The Ultimate Buying Guide
Just like any other product, buying the best iPhone 11 Pro cases is not that simple. There are several factors you have to carefully consider before making a decision. They include the following:
Style and Color.
The style of the iPhone case will determine whether you buy it or not. After all, you want a case that you can show off to your friends and family due to its style and elegance. Another aspect of style is color. Make sure you buy one with a color that best appeals to you. However, there are a number of iPhone cases, which are colorless. With these, your phone will retain its color.
In order for you to easily operate your iPhone, you should buy a case with even cutouts. When the cutouts are in the right places, you will be able to access the earphone port, charging port, camera, and buttons. Thus you won’t have to remove the case to use your phone. Some iPhone cases are compatible with wireless cases.
The quality of material used to make the case also matters. One of the most durable materials for iPhone cases is soft TPU combines with a plastic back. With that, you can drop your iPhone and not worry about it breaking or getting scratched. The case should be designed with non-slip edges so that it remains in place until you remove it.
If you want a good iPhone 11 Pro case, check out the reviews above. If you can’t find one that appeals to you, read the buying guide. The points you gather here can help you to get the right case when looking elsewhere. Good luck in your search for the perfect iPhone 11 Pro case.
Technology trends keep moving forward regardless of the time and place in which we find ourselves. Such was the case in 2013, when we predicted what the technology world would look like in the future. The prediction wasn’t different from what has happened over the years in the development of computer technology. For instance, observers like referencing how computers have evolved from, gigantic, room-filling machines to the miniature mobile phone. We revisit some of the predictions we made, and which have since come true.
Just a few years ago, the touchscreen was a relatively new technology. It had just come to the market and was in use on tablets, laptops and mobile phones. It was a landmark technology, given that only few people could afford the prices of the devices on which it featured. In 2013, Forbes Magazine predicted that the technology was poised to undergo drastic changes. Today, touchscreens are on all sorts of devices, including cameras, home appliances, smartwatches, and so on.
Forbes predicted the increase of human interactions across different digital platforms. An example of such platforms is Siri, which is a virtual assistant by Apple. If helps connect smart devices on the home Wi-Fi network such that one can issue commands to operate them. Over the years, several virtual assistants have emerged, including Google Assistant and Amazon’s Alexa. With these technologies, people can command smart lights to turn on, thermostats to kick in, and so on.
Another aspect of technology that has changed over the years is gaming. Those of us who use Xbox 360 Gaming Console would know about Microsoft Kinetic. It is a motion sensor technology that makes it possible for you to intuitively interact with your gaming console. It is exactly what experts call Natural User Interface (NUI). In short, you get to play your games without touching anything. NUI utilizes machine learning technology to know how a user plays a particular game. It’s unbelievable that Forbes had a prediction on how popular this technology was going to be.
Smart glasses aren’t any different from your normal eyeglasses, at least as far as your looks are concerned. With a focus on Google’s Glass Project, Forbes predicted that they would become one of the biggest technological developments. At that time, it was only an idea that Google was working on. Today, we are proud to say that Google Glass has been around for a while now. The smart glasses allow you to focus on the things that matter without distractions. It also helps improve accuracy and concentration on the job at hand. However, smart glasses can also serve as a movie interface for those who need them.
Back in 2013, pattern-recognition technology was in its early stages of development. At that time, Forbes predicted that the technology would enable machines to recognize patters the same way as humans. The prophecy by Forbes has since come to pass. Today, pattern-recognition technology makes use of machine learning algorithm to recognize patterns. After reading a pattern, the machine extracts statistical data, and recognizes what it is. The developers of the technology envisioned it to make computer interfaces almost indistinguishable from humans. The prediction was that the technology would come to fore in 2023, but the developers seen to have overworked and delivered it earlier.
Original Streaming Content
Forbes predicted in 2013 the expected launch of content streaming services. In their prediction, they said that major technology companies like Microsoft, Google, Apple and Netflix would compete in that market. As far as concerns Netflix, their prediction was on point. So far, the company today offers the largest content subscription services. It has used its platform to produce and launch series, movies, and other types of programs. Thanks to the development of smart TVs, a majority of viewers would rather stream content from Netflix rather than watch TV. Google has a claim to the content market through YouTube, even though it has no rights to the videos. By displaying ads on video content, the company still makes a lot of money.
Like online gaming, online learning was only in its nascent stages of development. The Khan Academy has just launched out to offer thousands of learning modules to school-age children. Another e-learning upstart was the Code Academy, which teaches a variety of programming languages to anyone interested. Also, there was the Massively Online Open Courses (MOOC’s) offering university-level instructions. In 2020, e-learning has finally come of age. When education institutions shut down due to COVID-19, schools and universities went online. Students learned online for the entire duration of the lockdown in different parts of the world.
The golden age of chartrooms began when President Obama reached out to ordinary voters via Ask Me Anything on Reddit and Google Hangouts. At that time, many people accessed the internet via desktop or laptop computers. Also, the internet wasn’t very widespread. Today, people walk around with the internet in the palms of their hands. The chartrooms of the past and now apps on the home screens of smartphones. Also, companies have developed bigger and better charting apps like WhatsApp. Reddit is today a go-to platform for individuals who want to discuss serious topics.
Internet of Things (IoT)
In 2013, the internet of things was only a concept under development. Today, the technology has led to the development of smart device with the ability to communicate over a Wi-Fi network. The devices are in our homes, cars, and so on. Each device is given a unique identifier, making it stand out from the rest. So far, several smart devices including cameras, thermostats, and speakers can interact with smartphones remotely so long as they are on a Wi-Fi network. Thanks to IoT, people can use virtual assistants to control smart devices.
Near Field Communication (NFC)
Another technology that was just emerging in 2013 is the Near Field Communication (NFC), which allow for two-way data communication between devices. It has since found its way into electronic key cards, identification documents, credit cards, and electronic tickets. It allows contactless communication between devices, allowing them to share data. As such, the devices can share small as well as large files.
Mobile Payment Technology
At a time when credit cards and debit cards were ruling the world of payments, Forbes dared predict how big mobile payment shall become. Today, it is clear mobile payment can only get bigger and better. Instead of cards, people use apps on their phones to pay for various services. However, several mobile payment platforms exist where people transfer money via USSD. An example is the Kenyan innovation M-Pesa by Safaricom.
Athlete Usain Bolt can break the world record at the upcoming London Olympics without breaking a sweat, a new study suggests.
The study done by a Cambridge University mathematician suggests a number of factors that would make it easier for the Jamaican sprinter to break his 9.58 record without having to improve on his fitness.
First, Bolt is slower reacting to the starting gun. At the world championships in Berlin, he was the slowest to react to the starting gun, taking 0.146 seconds to get going as compared with .0119 seconds for the speediest starter. This means it actually took Bolt just 9.434 seconds to run the 100 metres race.
Under international athletics rules, sprinters are judged to have made a false start if they leave the block within 0.1 seconds of the starting gun.
Scientists suggest that even with this limitation, Bolt could safely cut his reaction time from 0.146 to 0.13 seconds. This would lower the final time of the sprint from 9.58 to 9.56 seconds.
Secondly, researcher John Burrow suggests, when Bolt ran his epic race, he had a tailwind of 0.9 metres per second. He calculates that if he had the maximum allowable tailwind of 2 metres per second, he would waste less effort battling the wind drag. And if this ideal condition he managed a reaction time of 0.1 seconds, he would reduce his record by a whole one second.
The research published in the latest issue of Significance Journal of UK’s Royal Statistical Society suggests how far we are from any type of ‘ultimate sprinting speed’ in the men’s 100m and the scale of improvements possible.
“These are amazing improvements but they can happen without Bolt becoming a better sprinter,” writes Burrows.
Other observers however have chosen to approach it cautiously. Prof. Mark Denny of Stamford University says it is possible for Bolt to achieve a clinical time of 9.48 seconds. However, he says the reasons suggested above may not work in reality.
“It is easy to say Bolt could attain 0.05 seconds with a perfect start, but trying to achieve that sort of quick getaway got him disqualified in the finals of last year’s championships,” cautions Prof. Denny. SOURCE
Tweets are now the trend in use by both professional media and other users for breaking news stories as they happen.
In some of the world’s political hotbeds, tweets have been used as an effective means of rallying the masses behind political causes. Tweeting has been hailed as the means through which the so called “Arab Spring” spread like a cancer in the Arab world bringing down regimes.
And now, according to the Modern Language Association (MLA), tweets can be cited in academic papers as a valid sources of information.
In a guide published on the MLA website in March, 2012, the association gives a step-by-step guide on how to cite timely tweets in research work.
MLA says the way to go about it is to begin the entry in the works-cited list with the author’s real name and, in parentheses, user name, if both are known and they differ. If only the user name is known give it alone.
Next provide the entire text of the tweet in quotation marks without changing the capitalization. Conclude the entry with the date and time of the message and the medium of publication (Tweet). For example:
Doug Belshaw (dajbelshaw). “I’m going to be pretty quiet for the next couple of days while I try to recover. Illness doesn’t exactly put me in a positive frame of mind.” 10 April 2012, 8:27 am.
MLA says the date and time of a message reflects the reader’s time zone because readers from different time zones see different times and possibly different dates on the same tweet. Since the date and time the tweet was made may not be known, the researcher can use the time displayed to compare the timing of tweets as long as they are read in the same time zone.
In the main text of the paper, MLA says, a tweet should be cited in its entirety:
Doug Belshaw said he was going to be pretty quiet for the next couple of while he tries to recover. He added that illness doesn’t exactly put him “in the right frame of mind.”
Illness makes one go quiet as it doesn’t put you “in the right frame of mind” (Belshaw).