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Simon Toby

Business

Why do traders often get confused with retracements and reversals?

Retracements and reversals

Most people fall into the trap called retracements thinking they are reversals when they are not. Retracements are merely short-term or temporary movements that the price makes opposing the formed trend.

To put it is more straightforward, this is an occurrence where the price moves against the formed trend but goes back later on.

On the other hand, a reversal is when a price moves totally against the overall price trend. So when a price moves against the formed downtrend to the point that it becomes an uptrend: that is a reversal. The same is true with established uptrends. If the price moves against the uptrend to the point that It becomes a downtrend: that is a reversal.

Let us cite an example.

For instance, the price started to decline. Later on, it is still falling. However, it had a sudden increase for some time. What do we know? It began to decline again. What we have here is not a price action rally but a smooth retracement. It might not be a pleasant experience, but unfortunately, it can happen to any trader. It would have been a reversal if the price did not start to rise again, but it did — making it a smooth retracement.

Some traders often get mistaken with retracements as reversals, leaving them having lousy trading decisions. Some fail to see the picture and ride the established trend long enough since they got confused with the two.

How do we handle such situations?

We have curated some advice for you if you found yourself in a situation where you doubt if you are looking at a reversal or only a retracement. You have three choices:

  • Choice 1: Hold on to your position if you are in one. Since you are not sure if it is just a retracement or a reversal, if it turns out that it is a long-term reversal, then you might have to say goodbye to your expected profits and say hello to losses.
  • Choice 2: Close your position for the meantime and enter again as soon as the price moves in the same direction as the formed trend. This option has a few downsides. One is that you can miss out on great trading opportunities if the price moved sharply in a single direction. Another is more spread expenses when you enter the trade again.
  • Choice 3: Close the position for good. This option has two sides of the coin. Depending on the situation, you can go home with your hefty profits if your close is on the top or bottom. You can also end up having losses if the price moved against your favor. It all depends on your trade and what happens next.

Some reminders before closing the topic

It might be hard to know what is best if you find yourself in such situations. Reversals and retracements are unpredictable. They can always happen anytime and to anyone. However, there are trailing stop-loss to back you up when you are trading in trending markets.

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Technology

The Best PC Games Worth Exploring This 2021

The pandemic paved the way for more people to become gaming enthusiasts. Let’s be honest—there isn’t much in the way of entertainment when we’re forced to stay home, and becoming a gamer has a lot of surprising benefits, like becoming more strategic, improved hand-eye coordination, and others like visual memory, focus, and creativity. For some experts, the benefits of gaming outweigh its potential risks.

So if you’re thinking of getting into new games this year, or want to start gaming, then start building a gaming laptop, then set up an ergonomic station and strap in for the ride of your life.

Cyberpunk 2077

If you love a video game with rich lore, back story, and world-building, Cyberpunk 2077 may be for you. The story is a bleak take on the world’s domestic and foreign corporations and other societal institutions like healthcare, military tech, drugs, and others.

Users take on the character of V, a mercenary who finds himself caught in a job that will have enduring consequences for the game’s story. It’s an open-world role-playing game (RPG) that will require you to hack and shoot your way out of conflict and combine with excellent visuals and atmospheric sounds. It will surely be a treat for those who love a good story.

Adventures of Pip

If you are a child of the ’90s, then you must love the iconic side-scrolling games from your childhood. Reminiscent of the classic Super Mario game, Adventures of Pip is a fun action-platforming game that allows users to control a pixel-based hero in traditional 1-bit and 16-bit forms to unlock new levels by fighting various bosses, villains, and goons. Pip must evolve through various iterations to defeat his enemies, and these different versions of Pip have specific benefits and advantages.

As users devolve and evolve, they will need to run, shove, float, wall jump, break some blacks, collect, and fight different henchmen until they reach the final boss, the Evil Queen DeRezia. Pip’s ultimate purpose is to rescue Princess Adeline and remove her from the possession and clutches of the evil villainess.

Alien: Isolation

For film buffs, Ridley Scott’s Alien is perhaps one of the best sci-fi films ever created. While previous Alien-based video games often looked to director James Cameron’s more action-packed iteration of the story, Alien: Isolation looks to Ridley Scott’s original 1979 version, focuses more on deceit, subterfuge, and evasion.

So instead of too much running and gunning, Alien: Isolation encourages players to focus more on how to survive a horrific world and how to dodge the alien villains instead of fighting them head-on. Players will have to use every tool in their arsenal and everything else in their environment to ensure their survival. If you love dark and smart games that cause you to think, Alien: Isolation might be for you.

Bejeweled 3

If you’re the type of gamer who prefers cute and simple brain games you can play on your handheld device, Bejeweled 3 is worth waiting for and trying. Compared to its predecessors, this new game has more features and enhancements, like new modes with more objectives and goals.

If you found gem-swapping to be a bit dull, Bejeweled 3 will have more features and goals, like digging for gold, rescuing some butterflies, breaking some literal ice, and even flexing your poker skills by concealing a hand. While it’s not necessarily a complete remake or overhaul of the game, it has enough new features to separate itself from its prequel games.

Deathsmiles

For gamers who love the aesthetics of goth, anime, and beautiful details, Deathsmiles might be worth checking out. Players will take on the characters of five lolitas who are tasked to defend their land from an invasion by demons. These characters will use destructive and intense firepower that can destroy the wielder’s enemies.

While the premise might be less complex than others—it’s all about five characters defending their land from invasion, after all—it’s made more special by the goth-rock-inspired musical score and intrinsic details. The game might lean more outdated to others, especially with its seemingly throwback-inspired visuals. However, it’s still a thoroughly enjoyable game that can delight gaming enthusiasts all over the world.

There are plenty of benefits to gaming, even as the world opens up again and recover from a crisis. Make sure you allow yourself the time to relax and play even amidst life’s duties and responsibilities and give yourself time to breathe by immersing yourself in these incredible worlds. Good luck, and enjoy the world of gaming this summer!

Meta title: The Most Anticipated PC Games to Try This Year
meta desc: If you’re looking for new games to help keep your blood pumping this summer, here are some of the most anticipated PC and laptop games this 2021.

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Business

Team Building Singapore Will Help You Play Adventurous Games For Great Coordination

Having a better team spirit is essential to deliver the best performance in any field. When a team is together and cooperative, it is a fact that they will get more productive in their work than before. Having this quality is required in any criteria, be it with your company or college group. It is always the best solution to get the bonds strengthened. For this, there are many techniques that the group leader can follow.

Techniques for team building

Exciting sports– People can get adventurous with their teams that will help them build the quality of coordination. There are numerous activities like laser tag that is a fun sport to indulge in. It will bring immense joy at the end of the day because it gives them a sense of belonging to the group as everyone plays to wIn addition, thereIn addition, there are games like a pool ball, which is always a good idea team play.

Creative- What is better than to relieve some stress in a day and explore your creative side with your group members. It gives the calm that is much more needed. People can communicate while they indulge in this activity and have a great conversation. This brings out the prosocial activity of helping each other if they lack artsy aesthetics.

Adventurous– An escape room is always the most fun activity to take part in, the team works with perfect unison as they have a fixed goal in this kind of activity. It is the most astonishing way to ensure that the work is divided and group members work accordingly.

If you are wondering where to find all these fun activities, Team Building Singapore is the best site to book your session. They give all these facilities under one roof which is the most amazing service that is available. Along with the physical activity, there is an option to opt for virtual sessions. So you can have a great time with your friends who are staying across the globe.

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Technology

Learn from the Best: Taking a Page from Amazon’s Return Policy

The founders of the top businesses today envisioned a future far better than most of us would, and their works speak for themselves. Their innovations have truly made a huge impact on the world. But one thing’s for sure, these leaders aren’t entirely free from mistakes, too. For instance, Jeff Bezos initially registered Amazon as a business under the name Cadabra. Simply put, this initial venture was a blunder. Lawyers told him that name sounded too much like “cadaver” and must, therefore, be avoided.

 Yet, today, we can’t discount the fact that Amazon has been growing exponentially. For years, it has endured criticism as a company that had far too little profit. The pandemic changed all that. By 2025, Amazon is poised to become bigger than Walmart, a brand that has far more physical stores.

Taking a page from the world’s biggest online store should bid us well. Nowhere would such lesson-taking be more appropriate than in looking at the online retailer’s return policy. Most companies may not put a premium on their customer returns. But Amazon does care—and that makes all the difference.

Make Return/Refund Information Available ASAP

Amazon is a master at customer service. The retail giant has made it a top priority to satisfy its customers. It has been true to its promise of providing products from “A to Z.” But most importantly, it has made customer care a top priority. This is most apparent in the area of returns.

For one, the company dedicates an area that’s solely for returns and replacement on its website. This is where you can find everything about returns and all the documentation that it entails.

Information is available right from the get-go. That can surely impact your customers, who, for all you know, could be fuming mad because of an errant or late delivery. Take note that a number of online stores don’t have information ready on their websites. If it is available, it’s not as accessible and is not as user friendly as it should be.

Bear in mind that a comprehensive return policy should mean not just returns but the complete package. You also need to come up with a repair, replace, and refund policy. You should have already outlined in detail the nitty-gritty of every aspect of your product returns. Make all these options available on your web pages.

Make It Quick and Simple

Undoubtedly, the longer an online retailer takes action when a customer starts the return process, the angrier the customer will be. This is one area where Amazon stands head and shoulders above the rest.

Just by clicking the Returns and Replacements link, users can avail of the return process in just a few steps. The seamless process assures customers that they are in good hands.

Amazon, indeed, makes its returns policy part of the process. Their website even shows users the FAQs about returns and educates its consumers on how to benefit from this feature—just like that.

Best of all, the process is straightforward. You need not stress yourself by having to call a sales representative. You can process your returns/refunds on your own, no need for a third party. That holds true for both returns and repairs as well.

A good way for you to know if you have a solid returns policy is to test it. Go through the process yourself. If not, you can also have someone else go through it and report it to you. Have him or her check the process for any glitches. Ask yourself the following questions: How many steps does it take before a return is processed? Is the experience smooth?

Think Customer Satisfaction

Your customers will ultimately judge your returns policy. This is the reason why Amazon has made it a point to check on customer complaints. Mr. Bezos, for instance, has made his email public for everyone to take advantage of. By doing so, he can look into the complaints and allow his team to get down to the root cause of the problem. In short, these are important feedback for him to improve his system.

All that pain to raise customer satisfaction has definitely paid off for Amazon. It sure had a lot of hitches in the past. However, the company has improved those hitches, more so in the area of returns. You can greatly benefit from following their strategies. After all, your online business isn’t about you selling one product to one customer. You are going to be selling product after product to multiple customers. Therefore, customer satisfaction can help you boost your sales and enhance your customers’ loyalty.

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Technology

Getting The Most Out Of Your Paid Digital Advertising Campaigns

When you want to use digital marketing to give your sales a boost, there are certain things that you are going to have to do, especially if you are using a paid service. You will need to put a lot of thought and attention into your adverts to ensure that they convert and show you a return on your investment, or you could end up wasting your money. Below you will find some tips to help you do this to boost your sales and engagement with your adverts to help you get the most out of your paid digital marketing efforts.

Create Engaging & Informative Visual Ads

You will find that when you use visuals in your advertising campaigns, they are much more effective, and there is more engagement from users. You will need to use graphics that are striking and catches the user’s attention, and you will also need to include information that resonates with them. You can increase your adverts’ response by up to 40% when using visuals, so it is something that you cannot afford to ignore when paying for digital advertising.

Understand Your Target Audience

You may know you product and services but that does not mean you truly understand your target audience, and you need to spend time working out who your customers are. You will need to do more than just showcase your products and services to potential customers and you need to understand their pain points and address these. One way to do this is to create a questionnaire that you can ask existing customers to fill out, which can give you insight and ensure that you create better adverts to boost your business.

Seek Professional Help

You may also wish to seek professional help with your Google ads management, and doing so can seriously increase the returns you see on your investment. A digital agency that specialises in Google ads and other paid advertising has the expertise to know what works, and they can tweak your campaigns to increase their effectiveness and reach. They can also help you to spend less per click and help you target keywords that you may not have thought of before and can prove to be lucrative for your business.

If your organic rankings do not drive enough traffic to your website, paid advertising techniques are an excellent way to boost your sales. However, without the expert knowledge to get the most out of your campaigns, they can fail and cause you to waste a lot of money. Take your time, do plenty of research, and speak to experts on the subject, and you can give your company the boost it needs to take it to the next level.

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Business

How to Build a Profitable Online Dropshipping Business

Dropshipping has become a highly popular business model for people especially new entrepreneurs and millennials. As the business doesn’t require you to stock the items for sale, you can start it with limited funds.

In this article, we will guide you on how to begin a successful dropshipping business online.

Choose the right niche

The niche you select should be the one that interests you. The products in that category should have adequate demand in the market. It should help you generate profits. Also, the cost of shipping products in that niche has to be low.

Goten dropshipping website is a reputed website that offers over 20,000 lucrative and quality profitable SKUs from trusted factories. The platform supports synchronization, and tracking of orders, and stocks with your online stores.

Carry out competition research

The next thing that you can do is to compete with other drop shipping operations and retail giants. Look for a product that has competition and demand in the market.

A product that has no competition can be due to high shipping costs, manufacturing/supplier issues, or low-profit margins. So, choose a product that has competition, high demand, and s sustainable business model.

Find the Right Supplier

The commonest concern among people is how to find dropshipping suppliers in USA. Perform due diligence. Choose the supplier that has vast online resources and production capabilities to help you in the exponential growth of the business.

Develop your eCommerce website

The next important thing that any drop shipper needs to do is to launch a simple eCommerce platform that supports a drop shipping business model.  You can even hire a website designer and a website development firm to create a custom solution. It will help in smooth business execution and increased sales.

Conclusion

The successful operation of a dropshipping business requires proper planning and execution. By following the below-mentioned steps, you can make good profits in your business.

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Business

The Best Virtual Escape Room Singapore For Boosting Productivity

Business firms work day and night to serve their customers effectively. It comprises a huge number of staff with many teams in each department. It is essential to collaborate with every team member for the business to grow efficiently. And also, communication plays a vital role in every industrial sector, and hence companies organise team events for strengthening the bond. Keeping these aside, some companies arrange virtual games like the virtual escape room Singapore games for better engagement. Understand what is an escape room and its potential benefits for playing the best game virtually.

Boost productivity of the team

Every team in a company need to work efficiently to produce better results. With that, everyone has to know each other. When using the virtual escape room Singapore platform, the process of knowing each other becomes simple. It also leads to boosting productivity that can result in the company’s growth. Make sure you use an effective platform for improving productivity.

Improve your ability to solve problems

As the escape room games contain many puzzles and themes to explore the clues, it drastically improves problem-solving ability. A company requires a member who can solve business problems efficiently. With that requirement, it is very beneficial to engage in escape room games. Utilise the platform to the maximum for benefiting in the improvement of your solving skills.

Though many collaboration games are available conducted at companies, this virtual platform can bring together teams from many countries. By doing so, it is easy to know about employees from other branches with a virtual gaming platform. Look for more platforms to choose the best among them. As of now, there is a myriad of escape gaming websites to enhance productivity and problem-solving ability.

Love playing puzzles with your team and improve your communication and collaboration with them effectively.

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News

Learn How to Control Your Budget: Following a Budget Made Easy

It doesn’t matter whether you’re a spendthrift or a penny-pincher; having is necessary if you want to protect your future, control your cash flow, and create the kind of lifestyle you want. Designing and planning one is easy; following a budget is the real challenge. For some people, following a budget can be challenging, but there are ways that could make following a budget easy for anyone, whatever the amount on their paycheck.

Get Into the Practice of Saving Money

Initially, it won’t be easy for you to get into the habit of saving money but worry not. Once you get used to putting your money aside (for later use), you’ll realize that it isn’t all that bad. The fundamental key of budgeting is to help you keep more of your money.

Teach yourself to think critically and evaluate the need for any product before buying anything that seems intriguing. It is advisable to keep a specific percentage of your income that goes into savings every time you receive your paycheck. Make sure to do this before you spend a dime from your real income.

Set Your Target

If you want to adhere to budgeting, you need to be chasing something tangible. You can’t just aim only at ‘I have to save money.’ Instead, you must set a goal you want to achieve. This can range from buying a car to traveling or buying a house, basically anything you desire.

You could be saving money for a mortgage loan to build your dream house. Or holding a certain amount of money for the time you retire at 50 or 60. These help you visualize your goals, so you know exactly how much you want to save. You see, setting a specific and inspiring goal will keep you motivated with your budget. Keep your goals specific, measurable, and inspiring to transform your budget into a road map to approach a stable financial destination.

Have a Safety Net

Accidents happen suddenly, so you should always be prepared for the worst. An emergency might include a lot of expenses, so an emergency fund can help you in such situations when you don’t have insurance or a health policy that covers your injury. Furthermore, with such a safety net you’ll remain stress-free and have something to fall back on even in dire times.

Select Your Budgeting Method

Decide on a method to budget your spending and expenses in an organized way. This will help you remember what you spent, your cashflow, what you look forward to buy, and how much you aim to save for the current month.

You can use conventional methods like an excel sheet and a handwritten budget or go for an online app. Whatever you choose, stick to it for a long time and try to choose a budgeting philosophy to get yourself into the habit of budgeting.

Budget for Leisure! 

Do not classify budgeting as a restriction on your life; consider your budget as something you do for fun instead. If you limit yourself too much with a budget, you will only resent it. Instead, try to leave room to have some fun for yourself. Budgeting is by no means something that makes your life unbearable.

You could set aside some money for a trip, an expensive item, a car, or even a front-row ticket to a show or sports game. You might think these are budget busters, but saving for a one-time splurge could compel many people to save more than they usually do. Set aside something for that luxurious expense and your regular savings, and you will find it easier to set aside money when you know there’s a reward waiting for you once you reach your goal.

Remember to put aside a reasonable amount of money for yourself to spend on anything you desire. This will help you to attain joy and satisfaction along with your budgeting endeavors. When you spend within your fun money budget, you will remain stress-free and spend money while not harming your financial future in doing so.

Bottom Line

Life is filled with needs, wants and expenses that could arise at anytime and cost you money. Your budget acts as your financial buffer, so regardless of where you are in life, keeping to a budget is the best safety net you could create for yourself. Cut your expenses, log every purchase, and keep track of your financial progress to allocate smartly. It willgive you freedom, financial control, and a stress-free life.

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Business

Undeniable Reasons of Hiring a Reliable Moving Company

Long distance or a local move, it is always a challenging task seeing the issues and factors that need to be considered. Moving to a new place, packing and unpacking is not the type of job that one is expert in. Carrying heavy loads is an intensive job and needs the help of professional movers and packers. Finding a reliable local mover in Toronto can be tricky but narrowing down the list will make it easier and you can find a mover that can fulfill your requirements.

Here are some of the undeniable advantages of a hiring a moving company that will not only make your move a smooth one but it will be a worry free experience as well. Some of the reasons to hire a moving company are as follow:

  1. Economical: If you are hiring one of the local movers Toronto, you will be surprised to know that it is always a cheaper option as they will come with all the required packing material, equipment and will shift your possessions in the most economical way. It will save you lot of money as you don’t have to take a couple of rounds to move your belongings to the new place. If you go for rental truck and equipment, you have to return all the things on time which is a different headache that one faces while moving in a DIY move.
  1. Credibility and Convenience: While choosing one of the local moving companies in Toronto, you don’t have to worry about messy and chaotic work or damage of items. Most of the reputed moving companies have proper license which makes them accountable to perform a move in that area. Since it is their daily task, they know all the routes and will perform the entire move in the best possible way. Client satisfaction is their main motto. Moreover, a local moving company is flexible as far as timings are concerned and will be happily ready to schedule the move even on a short notice.
  2. Well Protected and Safe Move: You can expect extra security from local movers in Toronto. They will go extra miles to make your move well protected. Since these movers are operating local, finding their history and achievements is very simple. With the help of the latest technology, you can track the truck and its’ movements. The use of latest equipment ensures that all belongings are safe and secured during the move.
  3. Peace of Mind: Hiring the services of a moving company will give you peace of mind as you are assured that they are going to complete the entire move in the safest way. Since they have long experience and are well trained also, they will make the move easy. They are going to pack everything as required and ensure it reaches the new destination safely.

Seeing all the above advantages of a moving company, you can say that hiring the services of hiring the local movers in Toronto is a good idea. If you are also looking for a reputed moving company, you can trust Let’s Get Moving in Toronto.

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News

What’s the History Behind the Mysterious Black Lightsaber? 

You’re probably familiar with the green, red, and blue lightsabers made popular by the Star Wars films, but did you know that there was also a black lightsaber?

This blade might have a sinister look, but it hasn’t always been a weapon of evil. Keep reading to learn more about the history of the darkest and most storied lightsaber in all the galaxy.

A Dark Design

The black lightsaber was created with a distinctly Mandalorian look. This blade features sharp geometric edges and a style that would be at home alongside any Mandalorian’s armor. The blade has more unique properties than its design and color.

The crystal that powers the blade channels the emotional energy of the wielder and can even start sparking with electricity when emotions run high. This lightsaber also has a higher pitched sound than your standard blade.

The most intriguing property is its ability to parry regular lightsabers. The black bade seems to draw in other lightsabers and deflect their attacks!

This lightsaber was originally intended to be just another vibroblade, but Lucas made the decision to create something that would really stand out instead.

So, who made this potent weapon?

The First Mandalorian Jedi

One of the most historic members of the ancient Jedi order was Tarre Vizsla. Tarre was the first ever Mandalorian to become a member of the Jedi. In order to mark the occasion, Tarre created a unique lightsaber that spoke to their Mandalorian heritage.

The lightsaber would be held at the Jedi Temple for generations to come. Kept as a mere relic of the past. However, the Mandalorians were not content to just sit there and let a piece of their history sit in someone else’s museum.

Theft, Leadership, and Honor

The black lightsaber is now infamous for how often it trades hands. In proper Mandalorian fashion, it is said that the only legitimate way to claim the Darksaber is to defeat its current owner in combat.

During the fall of the Old Republic, the House Vizsla broke into the Jedi Temple and reclaimed their relic.

It is said that this lightsaber brings honor to the Mandalorians and helps the House Vizsla hold their leadership over the rest of the Mandalorians.

With the Darksaber in hand, anyone can become a powerful master of lightsaber combat. They just need to have the strength and cunning to hang on to it when the next challenger approaches!

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