Trend lines in the trend analysis are difficult for overestimating, since they carry out functions of differentiation of price space on two areas – area in which finding of the price within the limits of an existing trend most possibly and the area price occurrence in which signals about change of an existing trend. The trend lines are the original watershed – crossing by this watershed signals is the trend change. On an ascending trend the trend line is under construction as a support line, and on a descending trend it will call as the resistance line. Really, while on an ascending trend the price won’t cross a trend line (a support line) it is impossible to say that the given trend has ended and has begun descending or lateral trends. Just as on a descending trend only crossing by a trend line (a resistance line) suggests that the descending trend has ended and the ascending or lateral trend has begun.
If demand exceeds offer, the exchange rate on Forex grows. In a return case if than currency volume which other market makers are sorry for volume of currency which market makers wish to sell at the given concrete price more to purchase, the rate falls.
If demand for long time exceeds the offer and causes rate growth (a tendency of growth or an ascending trend) sooner or later it is sated and since some moment the offer starts to exceed demand, leading to currency sale that is expressed in some decrease in its rate – trend corrections.
Trend correction: the movement directed against a direction of the previous trend not surpassing in size previous trend. If to consider a trend as movement caused by change of the factors underlying supply and demand correction is the phenomenon returning the prices in “a correct channel”, not giving to market movement strongly to “be fond and deviate from fundamental factors.
Sometimes this phenomenon can be characterized also as “a profit taking”, designating on an ascending trend that a part of the market makers opening long positions (positions on purchasing), are satisfied by growth of an exchange rate and start to close in large quantities positions – to sell currency on purpose somewhat quicker to fix the profit. However if the basic reasons causing raised demand for currency, haven’t changed, currency purchase renews again, and the rate raises, exceeding the previous maximum value then rate movement acquires a direction or a trend.
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Land may not be what we normally write about here but with land investment showing retuns in the hundreds of percent it’s something we’re prepared to look at! And with everyone beginning to talk about Bulgaria again let’s take a closer look.
Bulgaria – What does it mean to you? An obscure Eastern European country that you’ve heard a few investment whispers about, or somewhere you’re scrambling to find the right investment land or property in without knowing really where to start?
A lot of people are beginning to pick up on the fact that Bulgarian land and property prices are set to rapidly rise again. The problem is some land and property seems ridiculously cheap while other plots of land or apartments which seem identical command higher prices. Just what is going on and where should you put your money…If anywhere?
After huge growth of over 500% in just a few short years Bulgaria was effected by the economic crisis like everywhere else and prices came back down to Earth. However, many are seeing that this is set to change again with rapid growth looking set to happen again as the country starts securing EU subsidies and a surge in tourism.
The question is where is best to buy land in Bulgaria if you’re simply looking at making a profit?
If you’re looking for land to build a property on then you can’t go far wrong with something on the Black Sea Coast with stunning rugged sea views and easy access to the International airport at Burgas. However, if you are simply looking for something that will make you money then you need to move back from the coast slightly and start looking in the “farmers belt”.
This belt of land sits around 45-60 minutes back from the tourist areas of Sunny Beach, Nessebar and St. Vlas and is very specificly sited land within the Yambol area.
This land is hard to secure as there is plenty of cheaper land in the area which often misleads investors, you need to find something specifically in the farmers belt which is getting harder and harder as forward-thinking investment companies buy up the last remaining land.
The land needs to be fertile and within the farming communities that are near enough to supply the booming tourist resorts.
As an idea, you need to be paying around 5-10 Euros per square metre for decent investment grade land in the area. Do not take the path of believing the super-cheap land will achieve you anything as the demand is all for the land in the farmers belt and anything else will be a much, much longer investment strategy.
The other benefits of investing in this area other than the fact that prices there are already beginning to rise rapidly, is the simple fact that it makes for an easy exit strategy. With so many farmers and investors struggling to get a peice of this limited land it means that there is always a potential buyer to sell to and there are no signs that demand is going to let up as farmers on this area are growing their businesses and making more and more money which in turn is attracting other locals and even expats to the area and as tourism continues to grow and put more and more demand on the farmers for products it is clear that demand is going to continue to thrive.
Other areas just outside of the farmers belt are worth looking at for those looking for a slightly cheaper investment. These will involve a slightly longer investment strategy but it is inevitable that the farmers belt will slowly beging to sprawl out into a larger area. The points to take into account here is to have land which is of a plot size of around 2000-5000 square metres as investors and buyers in this area tend to go for these sizes with anything smaller being of no interest and anything larger being too costly for many farmers and buyers.
With land investment it is important to buy with the head and not the heart. Do not worry about pretty views and it being an area you know. What you need to worry about is the level of demand for that land and how easily you will be able to sell it at a profit in the future.
A number of companies sell Bulgarian land. You need to make sure you are clear with all the charges as often what appears to be a cheap plot of land can be blighted by the fact that it has outstanding debt on it or is simply in an area not suitable for short to medium term investment. There are also additional charges that many fail to mention including around 500-1000 euros for setting up a Bulgarian company, 700-1000 euros in legal cost and around 7-12% in additional local taxes and charges. There may also be additional charges for translations and notary fees involved as well as a visit to the country to sign doccuments in most cases.
It is still a legality at present to own a Bulgarian company if you are not a Bulgarian national in order to own land or property in Bulgaria. However, this is being phased out over the next 18-24 months and will soon not be required. You will simply then be allowed to let the company dissolve and full ownership will revert to yourself. In the meantime, having the Bulgarian company does not affect your ownership of the land and it is still yours to buy and sell as you see fit as you would in many othe markets.
Bulgaria is certainly the area on the lips of many investors once again with large gains looking likely over the next 1-3 years and with longer term holds looking extremely solid. That means that whether you are a short-term investor or someone simply looking to put some money away into a long-term hold you are likely to be seeing some very easy and solid returns on the right land in Bulgaria.
As with all investments always compare investments and make sure that the investment strategy suits you.
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Well, I personally knew one very old lady that actually was a sheep farmer and also had no formal education, hardly read the news, but she really made amazing gains trading on forex, thus turning a mere five thousands of dollars into more than seventy thousands of dollars in only one year. But from the other side, I also knew one man with a high degree in mathematics that really tried several times to earn good money in foreign currency trading, but he wiped his trading account within only one month and also lost nearly sixteen thousands of dollars.
In fact, I have told you all the results. However, if you just knew their actual educational ability and current profession, you would obviously have assumes that this very old lady definitely stood no chance against that man with the high mathematics degree. Besides, if you really thought that the man had certain odds for winning, then it is necessary for you to read this article. And so at the moment I’m going to explain these traits that you need for winning and also the main reason why exactly so many forex traders lose their money.
First of all, let’s talk about the loser. That man with the high mathematics degree actually approached the modern forex market with the certain idea that he is amazing and surely could beat it. For sure, he was very intelligent, so that he really believed that this gave him the right for success, however, very soon he actually got several losses and he hated being wrong, thus what exactly did he do?
In fact, he refused to cut his losses and let them run, and this is the main sin in foreign currency trading, thus he certainly got wiped out. And so his big ego made him lose, because he thought that intelligence and technology could really beat this kind of market. But when he got this wakeup call of several big losses, he obviously could not control his own emotions and that definitely led to his demise.
And not let’s mention the winner. Of course, that old lady who earned huge money actually was a straightforward and simple person that was quite disciplined in running the farm, so she certainly took that over her forex trading. Moreover, she also was not educationally the best, but she definitely had her common sense.
Finally, she also knew that she would have certain losses and from her actual education she obviously knew that if she would keep them small, then she could some trades which she could follow to cover those losses and also make her overall profit. You are going to find that the best trading system is quite simplistic!
It is vital to gather as much information about Forex as possible. Because this info will help you not to lose much money on Forex trading or Forex investment.
Surely not a single piece of knowledge can be rock solid guarantee against losses, in particular on Forex market, but sometimes just one Forex books can be of big service to you.
In fact, foreign currency selling and buying actually happens in what is termed the richest and most important market in the world which is called foreign currency market. And so forex traders from all our world really trade in this kind of market round the clock every day.
Without any doubt, the main concept of foreign currency trading can be quite simple and easy. Thus you all the time trade in some foreign currency pairs. Well, what exactly this means is that you simply spend your dollars to buy euro or on the contrary. Besides, you are able to deal in any currency pair if you already know that surely one of them is going to recognize toward the other one. For example, in the case when you think that USD actually goes to appreciate in position to GBP, then you are able to purchase more USD and then promote it if the actual value really goes up. And thus you are able to be making a good profit toward your dollars.
Of course, currency trading is the best performed by a forex broker, at least within some preliminary stages. Moreover, the forex dealer is going to charge certain commission, but still will try and also be certain that they make a good profit for you. In fact, once you become a real professional and expert within the modern forex market, then you are able to predict this kind of market by yourself and also make your investments.
For sure, it is important for you not to overlook that this financial market is a quite merciless one and only about five per cent of all forex traders actually make good revenue on the forex market. And so if you would really like to be involved in that five per cent, then you better be fortified with the best armory.
Besides, there are so many essential points that you need to keep in your mind when you enter into foreign currency investing. Thus the first level for keeping in your mind is that it is important to concentrate on that kind of market and each small thing which is related with it. Well, that certainly means that you need to have all necessary knowledge from the very beginning.
In addition, the modern forex market is maybe one of the most dynamic ones in the world and all issues actually change just at the blink of an eye. Thus it is necessary for you to proceed to teach yourself and also stay updated about all the actions in this financial market. Finally, it is important for you to start your forex trading with your personal demo account. There are so many various banks which present those accounts.
It is vital to gather as much knowledge about currency exchange market as possible. Because this info will help you not to lose much money on Forex trading or Forex investment.
Surely not a single piece of knowledge can be a 100% guarantee against losses, in particular on Forex market, but sometimes just one Forex books can be of big service to you.
In fact, many individuals have actually said that very successful forex trading is simply about twenty per cent method and eighty nine per cent psychology. Besides, whilst I personally do not think that you are able to reduce it to another percentage, it is still true that your own psychology is much more essential than that trading method which you utilize. And so every person is able to learn those trading strategies that can really make good money, but making the money is definitely down to the forex trader.
Well as an experiment, you are able to give some forex traders just the same rules or trading method and then allow them to trade. Thus when you return back to check the actual results, some of those traders are going to win and some will lose with just the same trading system. Of course, that kind of experiment has been conducted many and many times, but the group of forex traders certainly never end up with just the same results. However, why exactly is that so?
Without any doubt, the only one answer surely lies on the forex trader’s ego. So every forex trader has his or her ego and losing money definitely hurts it. Besides, as soon as a forex trader begins to take some big losses, he or she actually override existing rules or just put this or her own ones to really improve the trading system and then end up losing all money.
For sure, the main problem is that there isn’t any trading system that is going to give the traders what they actually want which are huge gains and no big losses. Well, all forex traders definitely want that, but they are not able to have that. Moreover, no forex trader can! Because all existing trading systems are imperfect in terms of that they have some losing periods. So it is necessary for you to adapt your own psychology to really cope with them, but is it so easy and simple?
Without any doubt, it is definitely not! However, if you actually overcome this certain problem of fearing big losses, then you are going to earn a big amount of money.
In addition, the main key is to see the modern forex market as some very powerful force and also not to fight it. But forex traders obviously take their losses quite personally and that’s why they get angry at this kind of market, however, it is pointless. Finally, the main aim of all forex traders is to earn good money, that’s why arguing the forex market in some form of running some losses is certainly not a wise idea. But so many forex traders so this!
Before you make up your mind to make a forex investment or start forex trading yourself, better find a good forex book and learn more about the currency exchange market – this will save you from lots of troubles and traps.
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