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The technical analysis (TA) is closely linked to the price chart. Even a beginner focuses on getting acquainted with a trading platform and searching for the regularities. And we should mention that they always find them. A graph is a kind of universal language. 

Analysts and traders all around the world have developed their own language that allows them to “read” trading signals and take appropriate measures according to their trading strategy. 

Technical analysis –  is a set of tools for predicting probable price changes based on the price patterns that occurred in the past in similar circumstances.

Such measures are an attempt to predict market tendencies for gaining profit. It is based on the processing of the previous price patterns and market conditions. 

To make it possible traders use formulas, algorithms, and indicators. In other words, objects that somehow interpret the quotes chart. In such a way it helps to turn a chaotic set of prices into a logical structure. 

TA answers the main question for any trader – is it worth buying, selling or not making transactions with the selected asset now. This strategy is popular among both speculators and investors. A speculator can rely entirely on the TA. In this case, the investors make a decision to purchase an asset due to TA. It helps them buy an asset at a better price (to sell it later and gain profit).

The postulates of TA

• The market price includes all aspects: according to the axiom, all the facts and information necessary to make a well-informed decision can be found in the price chart and trading volumes. The price reacts almost immediately to all events that can affect it.
• Price movement depends on the trends: the market always has some particular trends that last a limited period of time. It can be growing or fall, depending on the correlation of supply and demand for the asset. If there is a trend, there may be periods of correction (opposite price movement). Any trend can end at any time.
• History repeats itself: if in the past the price has changed in a certain way in certain conditions, then there is a reason to believe that in the future in the same situation the price will react in a similar way.

Technical analysis tools

Since TA is so crucial for traders, there are special trading tools that make this process much easier and more effective. They assist in evaluating the trading data and taking appropriate decisions.

By applying to TA tools people engaged in trading can separate their emotions from indisputable facts. The vast majority of them provide not only high-quality analytical analysis but also guidance for new traders. What’s more, some technical analysis tools are available for free. Thanks to such trading platforms traders receive signals to buy or sell and detect the market patterns or trends. 

 Trading indicators

• On Balance Volume

On Balance Volume is a popular indicator based on trading volume in a security. This indicator doesn’t have a model averaging tool. Therefore, it is synchronous with the price. OBV is one of the simplest and at the same time the most effective indicators. 

This indicator was introduced by Joseph Granville in his book The New Stock Market Strategy in 1963 but remains relevant even today. As the author said, the volume is the steam that makes the locomotive go. 

It is believed that if the closing price exceeds the previous one, then the volume of the candle is added to the value of the On Balance Volume indicator.    If the current closing price is lower than the previous one, then the volume data is subtracted from the indicator. If the current price coincides with the previous one, the On Balance Volume indicator doesn’t change. 

Average Directional Index

The Average Directional Index (ADX) is an index that shows the presence or absence of a trend. It gives people insight into the driving forces that are dominating the market price at a particular moment. In other words, ADX shows you the tendency of the current trends.

Trading with the ADX indicator includes the following signals: If the ADX remains below the 20 point, it is a sign that the trend is missing or weak. If the ADX moves above the 20 point, it is a sign that the trend is strong. If ADX passes level 40, this is a sign that the trend has reached its highest point. If the ADX value is growing, the trend strengthens; if it is falling, the trend becomes weaker.

Aroon Indicator

The Aroon indicator is a great option for both beginners and experienced traders. It allows users to point out local price lows and highs. In such a way it helps to determine the optimal moments for entering the market.

This indicator was specially created to determine the emerging Forex tendencies in advance, as well as the direction of the price chart. The basic principle of this tool is to detect mainstream changes.

Relative Strength Index

The Relative Strength Index (RSI) is one of the most pivotal and famous tools among traders all around the world. This indicator is an oscillator. It means that it fluctuates in a certain zone, limited by the maximum (100) and minimum values ​​(0).

This tool displays “momentum” – the speed and amplitude with which the price tendency changes. In other words, the RSI indicator shows the strength of the trend and the likelihood of its change.

Drawing conclusions

If you want to trade successfully, technical analysis is something you should master. Only this approach increases the likelihood of making well-informed decisions for gaining profit. Otherwise, it doesn’t have any sense.

You should understand that we have mentioned only a small part of the technical analysis tools that are used by analysts. There are numerous options for you to choose from. Anyway, this article gives insight into the technical analysis, its postulates, and some of the tools. This information is of pivotal importance if you want to become a successful trader!

Forex trading seems to never go out of style. With cryptocurrencies increasing in popularity, Forex still remains a solid way to make money. But how to maximize the results of your work?

One of the best solutions is to upgrade the approaches. This will automatically improve your performance. Some buy faster computers and Internet connections, others try to locate their hardware close to the main exchange computer servers.

The first one is very costly, the second one is, to say the least, troublesome. And if you’re not a firm representative and an enthusiastic trader, what to do?

The one answer is investing in a VPS. It will help achieve lower latency and improve trade performance, catch increasing PIPs, and make money. Does any of this sound familiar to you? If not, let’s learn the terms. Then, we’ll guide you through a topic of why VPS is a solid solution for better trading performance.

The Needed Terminology: PIPs, Low Latency, VPS

To make sure even beginners understand the article, let’s learn some of the terms we’ll be using here. We’ll talk about the benefits of Forex VPS for the performance of your trading strategies. The approach is proven to achieve lower latency and getting more PIPs as a result, making better deals.

What Is a PIP?

A PIP (percentage in point or price interest point) is the tiniest considered change in a rate within a currency pair. It’s 1/10,000th, 1/100th of 1%, one basis point, or $0.0001 if the pair contains the US dollar (which is the same number interpreted differently).

This is a standard point of change in Forex, which was introduced to make sure there are no misunderstandings and huge losses when it comes to rate change. Imagine if the pip was 5 or 10 basis points. The slightest change would mean dramatic gains and losses and high volatility, which isn’t good in this case.

These basis points are small yet important. The more you invest, the more crucial they are for you.

What Is Latency?

Latency is the time period in which a signal travels to the recipient. The lower latency is, the higher the speed of the signal. To achieve that, you need fast hardware and/or a close location to the source of the signal.

It allows traders to make decisions upon market changes that others haven’t seen yet. The privilege is a matter of milliseconds, but high-frequency traders manage to harness that time period to use it to their advantage.

Low latency can improve your trading performance by thousands or millions, depending on the sums of money you’re working with, the quality and speed of your hardware and connection, and its location.

What Is Co-Location?

Co-location is an approach many HFT (high-frequency trading) companies and traders are using to lower the latency. They try to locate their computers as close to the main servers of the exchange as possible. As you can imagine, it’s quite crowded out there.

It’s also earning profit for the exchanges because now they charge enormous prices for this low latency access. Do such expenses make sense? For the big players, yes. They can pay a million for the privilege and get a hundred times more from a quicker signal catch.

If you’re a smaller player or a beginner, there’s no way this approach is lucrative for you. But there is a nice alternative.

What Is VPS?

A virtual private server is basically a virtual computer you can access from any device. Compared to host servers for websites that contain all the data, content, images, videos, etc. from all pages. VPS, in its turn, hosts a copy of your computer. You can already feel the scope, right?

They come in all sizes, capacities, and from various locations. All those are important factors of choice if you’re a Forex trader.

Why VPS Is Beneficial for Certain Trading Strategies

Basically, the best Forex VPS will provide an advantage in location and speed but without you paying millions of dollars for co-location or other privileges. 

There are numerous advantages to using a VPS for trading strategies:

• The speed.
  Get the fastest server and receive signals earlier than competitors. Every click will be processed faster, which will give you time to make correct, quick decisions.
• The access.
  Remote access from any part of the world and any device makes sure you can trade from anywhere. Drinking coffee in an airport or lying on a sandy beach, you can access the exchange anytime and make a deal that will earn you thousands at least.
• The savings.
  You don’t need to have a machine on 24/7 since the virtual server is on at all times. This saves on electricity bills and spendings on the repair and purchase of new computers. Your time-saving abilities increase dramatically because you don’t need to be in front of the computer all the time waiting for the markets to open.
• The stability.
  Decent VPS providers guarantee a constant power supply. This means when there’s a power outage where you are, the system will be still up and running, no matter if you have an Internet connection or not.
• The security.
  Reliable providers offer sophisticated security, which means all the data in your trader account is secured. It’s not shared hosting where you may have suspicious ‘neighbors’ and worry about the safety of data all the time.

Faster trade performance, lower latency, fewer errors and delays, high levels of security, and more are waiting for every trader looking for a high-quality virtual private server.

Choose the Fastest, Best-Located VPS for Forex Trading

Invest time in research and choose the best VPS for Forex trading. It should have the right location, speed, capacity, and additional features we’ve described above. Such an investment will be completely justified with the first couple of deals you’ll be able to make without the fear of power outages, inconsistent Internet connection, or laptop failure.

When in doubt, consult the provider on the best type of server for your goals.

The ordinary photos do not bring such earnings anymore as they did before. Of course, there is a demand for them in various photo banks, but to start making good money, you need to be a photography expert. Aerial photography and footage are more popular today.

The cheapening of drones has prompted many photographers to explore a new direction. What is more, such photos are in great demand. Aerial photos and videos are always incredibly beautiful, but even a few years ago, it was very difficult to take such photos. Now the process of obtaining photos and videos from the sky has become much easier with drones, and this type of photo content began to prevail over ordinary photos.

But becoming a professional aerial photographer is a little more than just buying equipment. In this article, you will learn how to sell aerial photography and cooperate with reliable companies.

 

What to Do If You Are a Newbie?

It should be noted right away that the presence of a drone and the ability to operate it are not the main conditions that will help you make good money on the photo. To get good money for your work, you will need to become a real pro. Here are some guidelines to help you.

 

Buy the Right Drone

If you do not have specialized equipment yet, then in addition to technical characteristics and reviews, there is something else to consider. For example, the on-board camera will create a lower quality photo. These drones are usually large, but the photo quality is not the best. This option is only suitable if you are a complete beginner in photography.

Drones that allow you to install your camera have many more advantages. These drones are easier to control, and the images are much better. If you aim to get high-paying employers, then you should pay attention to just this option.

It is also worth taking care of specialized but must-have accessories:

• SD cards, so you didn’t have to worry about running out of device memory.
• Additional batteries, since the uptime of many drones’ models is limited.
• LED flashlights to help you take pictures at night.

 

Know the Laws

In addition to the quality of the photo, you should not forget about the laws. Each country has its laws regarding drones, flights, and types of photography. Also, there are countries where drones are prohibited so it makes no sense to travel there in a hope of taking incredible photos. Understanding where you can run the technique and where you can not will save you from troubles and penalties.

As the number of drones increases, the legislation regarding this technology is constantly changing. So, in addition to the ability to photograph, you also need to learn to monitor changes in legislation constantly. Also, the rules for personal and commercial use of drone-made photos are quite different. That is why you need to consult the layers before starting aerial photoshoot with the aim of further selling.

 

Get Insurance and License

In order to protect yourself from trouble, you should get insurance and a flying license. Insurance will help to protect not only the equipment but also gain a good reputation among customers. In this case, your pictures will be taken within the legal framework, and this is what you need to make money with aerial photography.

As for the license, you can find out about its need in the current legislation. If you plan to shoot all over the world, then such a license will definitely come in handy, since each country has its requirements. Also, the license will not be superfluous when you take photos and pictures for commercial purposes.

 

How to Start Your Way to Money Making with Aerial Photography?

Of course, taking photos and videos with a drone is a very exciting experience. However, this is also not enough to start getting paid for your pictures. To do this, you will need to gather a target audience and declare yourself as a professional. Below you will find tips to help you monetize your aerial photography skills.

 

Analyze the Level of Competition

Almost every day, more and more companies that offer aerial pictures and videos appear. To be competitive in such a fast-growing industry, you need to know what your competitors are doing and what makes them successful.

For example, all photographers in your area only take photos without video content. Or they offer services at high prices. One way or another, you need to understand what you can offer that the clients will choose you, not your competitors.

If you want to be a real pro, then you don’t need to follow the mainstream. You’d better find something unique and develop it.

 

Create a Portfolio

Of course, your portfolio should be digital, since this Internet is the number 1 place for potential clients and employers. Create your website where you will showcase your work and be sure to mention your contact data.

 

Boost Social Media

To get noticed, you need to create profiles on the most popular social platforms. Be sure to add links to your site and remember to post content often.

What is more, it is not worth hoping that your audience will find your website on its own. You need to promote your website and social media profiles. With the help of social networks, you can collect an audience and potential customers much faster. Then the audience will go to your site, and as practice shows, these will be those who are really interested in your creativity and services.

 

Start Cooperation with Leading Companies

Once you have established yourself in the Internet community and have a decent portfolio, it’s time to monetize your passion for photography. The more experience you have, the more serious companies will want to work with you, and the sale of your photos in photo banks will remain an additional source of income. Often, those who are interested in high-quality aerial photos and videos will collaborate with companies, rather than sites such as Pixabay or Shutterstock.

 

What Companies Will Bring You Popularity, Experience, and Good Earnings?

As you may have guessed, stock photography is not the only way to sell your photos. Moreover, this is one of the most ineffective ways to make money today. Clients who are serious about their business will want unique photos and videos. Such customers will buy high-quality pictures at a high price. Most likely, they are exactly the ones you need. But how do you find such clients?

It is worth paying attention to the HosiHo company, which has been on the market for over 6 years. This is not a photobank where your work will hang for years until someone decides to buy your content. This company provides customers with what they need. Aerial photographers & drone filmakers can inquire here to start to sell aerial footage.

If you think that this company will accept all your work, then it is not so. As already mentioned, this is not a photo exchanger that will buy up or post any photos or videos for sale. The company will carefully select the materials that are in demand. Since the company is engaged in aerial cinematography, they know a lot about good material. But this approach kills two birds with one stone at once. Customers get what they want, and the photographer gets paid and does not wait for years until his photo and video materials interest someone.

So this is a great place if you want to develop as a professional and make aerial photography your main job and source of income. By the way, the company accepts pictures taken from other aircraft (helicopters, airplanes, and even a balloon).

This company gives the photographer a chance to get not only Internet clients but also to cooperate with audiovisual companies and even TV. Also, you will be able to get in touch with individual customers. Within the framework of the platform, there is a group in which individual orders are published for which there were no executors. So this is another opportunity to earn money in addition to selling aerial photos or footage. In terms of payment, the platform offers 50% of the cost.

So if you want to grow as a professional and get good earnings, then do not waste time and fill out the form on the site to start cooperation. You can find out the basic requirements on how to start cooperation on the official website.

 

The Final Words

Making a business out of your aerial photography hobby is absolutely possible. To do this, you will need to work hard on some of the nuances and pay attention to the tips from this article. They will help you become a professional aerial photographer, not an amateur.

Of course, it will take time and effort to achieve what you want, but the result will not keep you waiting. Especially when you know that ordinary photo stocks are not the ultimate dream of a photographer. Stop being upset because of the fact that photo banks do not generate profit. Do not be afraid to cooperate with professional companies, and start making money out of your aerial photos already today!

Bitcoin is that rare case that it is easier to sell than to buy it. As everyone knows, things are usually the other way around. In other words, bitcoins sell like hotcakes. However, you might have some problems with cashing it out, as the selling process is not as straightforward as the buying one. 

If you’re interested in selling your cryptocurrency, you can do it via an exchange platform, direct trade, or a P2P transaction. Or you can either make a withdrawal via an ATM or sell your assets privately. Here is a simple guide to cashing out your assets for US dollars or another cryptocurrency.

Exchange platforms

A few years ago, mining was the primary way of obtaining cryptocurrency. However, with the technological development, the industry is changing. Today the main driving force of the new economy is crypto exchanges. 

A crypto exchange is a digital platform for exchange of one cryptocurrency to another at a set rate. Users create exchange requests by setting the value and volume of the cryptocurrency. If a suitable counteroffer is already registered on the site, a transaction is made between users.

The speed of transactions at the cryptocurrency exchange is higher than at the traditional one. The speed is ensured by the fact that the order book contains only those offers that are secured by the user account, i.e. cryptocurrency on the account balance. The exchange connects buyers and sellers, receiving a percentage of the number of transactions. 

After the funds are credited to your account, you will need to withdraw them to your connected bank account.

Despite having a few drawbacks, exchange platforms like Cryptex bitcoin exchange are a one-stop solution for selling Bitcoins. This automatic service helps you exchange bitcoins hassle-free online for electronic currencies and back with no signup. 

Direct Trade

Direct crypto trading is another way of selling your assets. The name speaks for itself. 

This option is available on exchange-related websites and presupposes a middle-man facilitating the connection. This method requires full identity verification, thus being more time-consuming. 

Once you set up your account, you can post an offer. When a buyer is interested in your bid, you get a notification. After that, it is only you and the buyer. The selling process on such websites is more involved than the exchange trade. Therefore, most sellers opt for the first trading option.

Peer-to-peer trades

Peer-to-peer (P2P) is a decentralized network with equal members. In this case, P2P means that the exchange takes place between two individuals registered on the website. You can buy, you can sell, or you can do both. The platform acts only as a guarantor of the transaction, while members finish the transaction themselves. Although such a trading method is less popular than others, there has been a spike of popularity recently.

P2P marketplaces are now known for many real-uses cases. Additionally, the most significant benefit of such platforms is that there are plenty of payments to choose from, hence you can trade crypto for practically anything you want. The personalized trading process is another reason why lots of traders flock to p2p marketplaces. 

As a trader, you can input preferences, chat, or negotiate with other members and set offer details. This method also allows your trading process to be more cost-efficient. Since you are in charge of everything, the platform charges lighter fees. 

ATM

Bitcoin ATMs are great if you want to buy or sell bitcoin and keep your personal information discreet. However, regulations differ depending on the location. In America, you need to provide a passport or phone number to your purchase due to KYC restrictions. There are many places in the world where you can use a bitcoin ATM to buy bitcoin without an ID. 

These days ATMs are usually located pretty conveniently around any major city. The process is simple: grab your ID and download a digital wallet to store your coins. After you have all your credentials online, you’re ready to use ATMs. Then, you need to choose the buy coins option on the ATM’s user interface. After selecting the buy coins option, the screen will ask the amount you’re buying. 

Usually, prices range from $1 to $7500. Once your requested amount is selected, you’ll need to enter your phone number to receive your validation code. After that, you create a secret pin and choose the coin you want to purchase. And voila, your assets will be sent to your online wallet.

Selling Privately

In general, selling assets in person seems to be the easiest method of trading. All you need is to scan a QR-code and get cash right away. However, if you are trading with a stranger, the process becomes lengthy and stressful. Be ready for tiresome negotiations and safety issues.

Safety Tips

Although lots of people value private trading as the perfect anonymous option, taking precautionary measures is vital. First, you need to think about a meeting place. It has to be a public place like a coffee shop or park with a WiFi hotspot, as you need to access your online wallet. Usually, bringing a friend along is common practice, but make sure to notify the other part. Be alert, avoid public transport, and never meet in private homes.

The Bottom Line

The modern world is gradually becoming a virtual reality. We meet new people, communicate, have fun, and work online. Even for shopping, you don’t need to leave your house’s comfort, and all payment transactions can be carried out using the virtual system – Bitcoin.

If you have Bitcoin at your own disposal, you can sell it in several ways. The best way for newbie-bitcoinners is to trade via exchange platforms. Crypto platforms are similar to the stock market ones. 

They have monitoring tools, easier transactions, and security measures in place. But if you are overwhelmed by bitcoin rate fluctuations or just want to convert virtual savings into real banknotes, it’s time to choose the most appropriate way to exchange from several existing ones at the moment.