Huirong strategy exchange group

Owner: huirong midas gold Created: 07/05/2023

Original

Join Group

Why does China implement foreign exchange control policy?

huirong midas gold

The United States and Japan accused the Chinese government of interfering in foreign exchange freedom and demanded that China implement a floating exchange rate and liberalize capital controls. China, on the other hand, firmly or tactfully refuses. To clarify this issue, we must first start with gold. As we all know, the first currencies of human beings were gold and silver. Because gold and silver are not easy to deteriorate, the output is not very large, and they are easy to cut, they have bec

Is it really so difficult to sort out the business lines of asset management companies?

huirong midas gold

1. General overview of the asset management industry In the past ten years, my country's asset management industry has grown by leaps and bounds. The scale of capital-guaranteed plus non-guaranteed asset management has increased from 59 trillion yuan in 2014 to 122 trillion yuan at the end of 2018, with a compound growth rate of 20%. Collectively referred to as the era of "big asset management". At present, almost all financial sub-sectors provide asset management services, including bank wealth

How to Manage Emotions in Forex Trading

huirong midas gold

Trading is difficult. The purpose of this article is not to make trading seem less difficult, but rather to emphasize that many novice traders tend to become their own worst enemy and make trading more difficult than it should be. To illustrate how this happens, try to recall the last time you were very angry, you were angry about something. Then think about what makes you angry. Then think about what you did and how you felt the first time you got angry. For many people, when they become angry,

A moving average conquers the world! A moving average trading system for a futures expert! (Detailed and full version with attached photos)

huirong midas gold

1. For the moving average system, MACD or KDJ indicators are generally added. Let's talk about the advantages of this system first: In the trend market, the prices are arranged in the order of the moving average, and the operation is simple and the profit margin is large. The deviation of MACD and KDJ from the real situation can well catch the top and bottom of trend reversal. And the disadvantage of this system is also very serious. In the volatile market, the moving average fails, and the fals

How Forex Brokers Make Money

huirong midas gold

In the forex market, traders and speculators buy and sell various currencies based on whether they think they will appreciate or depreciate in value. The foreign exchange market is very risky, with a daily trading volume of more than $5 trillion. Traders must go through an intermediary such as a forex broker to execute their trades. Regardless of a trader's profit or loss, forex brokers make money through commissions and fees, some of which are hidden. Understanding how forex brokers make money

How to Identify and Operate N-Bottoms and N-Tops

huirong midas gold

How to identify n-shaped bottom and n-shaped top 1. First of all, we should know that the so-called n-shaped bottom and n-shaped top below the hourly chart are not within our rules, because the form with too small time period is not stable. 2. There should be an obvious downward trend in the early stage of the n-shaped bottom, and the bigger the better, once this trend is reversed, the potential room for future market rises will be greater. 3. For a standard n-shaped bottom, the back bottom shou

Explain the characteristics of the five common currency pairs in detail

huirong midas gold

Traders can trade various types of currencies in forex trading, of which the five most popular pairs are EUR/USD, GBP/USD, AUD/USD, USD/CHF and USD/JPY. However, don't assume that you can apply the same strategy to all currency pairs because each currency pair has different characteristics. For example, daily price fluctuations in USD/CHF are usually small. If you set a profit target of up to 100 pips, it may not be achieved in a day, and you may need to let your position float for a few days to

Basics——Introduction and Use of Economic Calendar

huirong midas gold

There are two methods of foreign exchange analysis: technical analysis based on indicators and historical data to predict the direction of the trend, and fundamental analysis based on statistics, news, and events. The economic calendar is one of the most effective tools for analyzing the market and is widely used by traders. It is a news summary that shows when the news was released and its impact on a specific currency. The economic calendar contains all important upcoming events from which tr

Talk about several types of participants in the foreign exchange derivatives market

huirong midas gold

The financial derivatives market is a growing market, and various innovative financial instruments have been developed to meet market demands. In the financial market, there are a large number of traders. They have different purposes, some are for the appreciation and preservation of their own assets, some are for the safety of their own business, and some want to get their own money from the ever-changing market. ...It is these traders who promote the continuous development of the financial der

What is the "interbank foreign exchange market"?

huirong midas gold

The foreign exchange market can be divided into two parts, namely the interbank foreign exchange market and the retail foreign exchange market. The inter-bank foreign exchange market can also be called the inter-bank foreign exchange wholesale market. This is the top market in foreign exchange transactions, and it is a market for foreign exchange transactions among banks, forming a relatively concentrated foreign exchange market. In the interbank market, there is no such thing as margin trading.

10 Ways to Avoid Losses in Trading

huirong midas gold

The average daily trading volume of the global foreign exchange market exceeds US$5 trillion, making it the largest financial market in the world. Its popularity attracts traders of all levels, from novices just learning about the financial markets, to seasoned professionals. Because trading the forex market is so easy - 24 hours a day, with high leverage and relatively low costs - it's also very easy to lose money. Here are 10 ways traders can avoid losing money in a competitive market. 1. Do y

Divergence Trading: A Low-Risk Forex Trading Method

huirong midas gold

Is there a low-risk trading method that allows us to sell near the top of the trend and buy near the bottom of the trend? If you already have a long position in a currency, what is the best exit point? If you believe that a certain currency will continue to fall, can you have a way to enter the short position at a better price or with less risk? There is indeed a way, and that is divergence trading. Simply put, by comparing the price action and the indicator movement trend, we can determine whet

Post
Group

About Us User Agreement Privacy Policy Risk Disclosure Partner Program Agreement Community Guidelines Help Center Feedback