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The Good Patch Launches Limited-Edition Collection with The Art of Elysium

The Good Patch

The Good Patch announced today that they've launched a limited-edition patch collection, designed by artist Tasya van Ree, in support of nonprofit The Art of Elysium, which serves communities in need based upon the core belief that art heals. The Good Patch was created with one simple idea in mind: when the people around you feel good, life is more beautiful. Their wearable wellness patches go on when you need them and off when you don’t– offering complete control of your wellness. Whether you need to look alive, find your zen, or clock in some beauty sleep, The Good Patch has you covered. For over twenty-five years, The Art of Elysium has paired volunteer artists with communities in Los Angeles to support individuals in the midst of difficult emotional life challenges like illness, hospitalization, displacement, confinement, and/or crisis. They serve medically fragile children, teens, adults, seniors, those dealing with social, emotional and mental health issues, and the homeless. “The Art of Elysium’s mission to heal communities through the power of art really speaks to us here at The Good Patch. As a brand, our core belief is ‘when you feel good, life is more beautiful’ — so there are some real synergies. We are humbled to be able to support such a meaningful organization, as well as one of their volunteer artists, Tasya van Ree. The designs Tasya created for this unique collaboration remind us to appreciate the beauty each day has to offer. In this chaotic world we all live in, finding the beauty in art is one small (or big) way we can take a moment for ourselves to recharge, heal, and find inspiration,” said The Good Patch CEO Cedar Carter. The packaging of this limited-edition version of the brand’s best-selling B12 Awake Patch features a beautiful sun motif. Inside, the four patches feature a colorful variety of sun-inspired designs. The collection is available at TheGoodPatch.com beginning September 12th and on Amazon later in September. A limited time only bonus pack will also be available later this month, exclusively at Target stores. The bonus pack includes four original B12 Awake patches plus one free van Ree designed bonus patch, available while supplies last. "The SUN represents everything significant. It enriches and restores our time here in every way possible. It nurtures the body with the energetic flow of life force and has precise qualities to rejuvenate the mind, bringing light and importance to one’s daily life,” said artist van Ree on the inspiration behind the design. “At The Art of Elysium, our mission is to use art to heal, and empower artists and communities of need to join together, to emotionally triumph over their circumstances through art. The mission of The Good Patch is aligned in that they are also all about helping people feel good, one patch at a time. We are honored to have one of our artists, Tasya van Ree, design this limited-edition patch to unite both of our visions of improving the overall wellness and well-being of individuals in our community,” said The Art of Elysium Founder Jennifer Howell. In celebration of the collaboration, The Good Patch will be sponsoring an intimate fundraising dinner for The Art of Elysium in Los Angeles on September 23rd with music, keynote speakers, and celebrity guests (TBA). For more information, please visit TheGoodPatch.com and TheArtofElysium.org or @ TheGoodPatch and @TheArtofElysium on social media platforms. About The Good Patch: The Good Patch, which first emerged on the market in 2018, was founded by longtime friends Betsy Scanlan, Kelly Brock, and David Nicholson. David and Kelly, owners of award-winning spas, and Betsy, an accomplished advocate in the hemp industry, all met for coffee one morning to talk beauty, wellness, and the power of plant-based ingredients. Combining each of their past expertise in the wellness industry, The Good Patch was born. Today, the brand is pioneering new approach to personal care at the intersection of beauty and wellness. The brand’s wearable patches address a variety of common daily struggles, such as B12 Awake (for the afternoon slump), Dream (for getting your beauty sleep), and Relax (for unwinding and decompressing), among other plant-powered varieties. They use tried-and-true ingredients that are 3rd party quality tested. Simply peel, stick, and remove when you are done. Since 2018, The Good Patch has been steadily growing. From its humble roots selling in spas and independent retailers, the wearable wellness patch company has grown to be sold in over 12,000 retail locations. The brand currently has 16 patches on the market, with more on the way. About The Art of Elysium: The Art of Elysium is a nonprofit organization that brings artists and those in need together to create transformative healing experiences through art. Their mission is to empower artists and inspire communities to make a positive impact through creative expression. Learn more at [ https://www.theartofelysium.org/ ]. The Art Salons offer a unique backdrop for artists, influencers and brands to come together in an immersive experience where art intersects with philanthropy. Each Salon experience includes an artist lead panel discussion, followed by a musical performance and a meal by a culinary creative. Select volunteer artists have the opportunity to preview their work for established artists in the field. Learn more at [ https://www.theartofelysium.org/artist-programs-services ]. About Tasya vs Ree: Tasya van Ree is a multidisciplinary artist. Her artwork is infused with otherworldly elements of eros, alchemy, and the infinite mystery of the natural world. She has always been intrigued by the everyday wonders of life’s visual offerings, which is a testimony to how she uses her intuitive eye for form and composition. With her sense of expansive awareness, van Ree is able to transcend boundaries across all mediums to exist in her own radical embrace of expression. ### For press inquiries, please contact Elyse Koenig: Beauty & Wellness Consulting: Nathalie Kourie nathalie@elysekoenig.com 858.342.7769 Contact Details Elyse Koenig: Beauty & Wellness Consulting Nathalie Kourie +1 858-342-7769 nathalie@elysekoenig.com Company Website https://thegoodpatch.com/

September 22, 2023 12:00 PM Eastern Daylight Time

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SYMBIOME LAUNCHES ITS PROPRIETARY POSTBIOMIC SKINCARE LINE ON DERMSTORE AND SKINSTORE, DISRUPTING TRADITIONAL BEAUTY CATEGORIES

Symbiome

Symbiome, the leading microbiome-nourishing skincare company, is now available for sale on Dermstore and SkinStore, The Hut Group's digital beauty retailers. Symbiome continues to scale its offerings from its direct-to-consumer platform, through online retailers and brick-and-mortar channels. Symbiome’s proprietary PostBiomic fermentation process takes place in Brazil, where the plants are fermented with microbes that are derived from the plant’s microbiome and native biome. The plants and their microbes co-evolved together over millions of years, allowing Symbiome’s PostBiomic fermentation process to optimize and unlock the maximum benefit and potency from these ancient biological relationships. The fermentation typically takes weeks but can take longer, depending on the product. The resulting products contain a complex and dense variety of bioactive molecules with optimal bioavailability, each intentionally crafted to nurture the microbiome the way nature intended. Symbiome’s Chief Operating Officer, said of the partnership: “[w]e couldn’t be more excited to launch on Dermstore and SkinStore. They are the premiere global spots to shop for prestige and scientifically efficacious skincare.” About Dermstore Founded in 1999, Dermstore.com has been considered the “Skincare Authority” by offering the highest quality products, straight-from-the-experts information, and fostering a passionate community dedicated to learning and exchanging information about healthy skin. About SkinStore Founded in 1997, SkinStore is the destination for beauty discovery: our unmatched range of premium beauty—from the best in proven, quality skin care to the most sought-after make-up and hair care brands—SkinStore is the go-to online retailer for the ultimate beauty routine. With over 350 of the world’s top brands, SkinStore invites its customers to explore beauty’s most innovative products across categories and trending ingredients. About Symbiome Symbiome is a San Francisco-based microbiome biotechnology company focusing on health and wellness. They are the developers of the Symbiome ® brand of BioIntact ® fermented skincare products that nourish and protect the skin and its microbiome, restoring what our skin has lost in the modern world. Symbiome has sponsored three international academic research expeditions deep into the Amazon rainforest, defining an evolutionary reference for the microbiome and transforming our understanding of the healthy human microbiome. Symbiome scientists have translated this groundbreaking research into a line of unique, proprietary skincare products formulated with naturally fermented, Amazonian botanicals. The brand's skincare lineup includes ten clean, organic, sustainable, and traceable products — each with less than eight ingredients. Learn more about Symbiome, and follow Symbiome on Instagram, LinkedIn and Facebook. Contact Details Ali Taekman ali@bpcm.com Company Website https://www.symbiome.com

September 22, 2023 12:00 PM Eastern Daylight Time

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TECH SOLUTIONS FOR BUSY FAMILIES & CONNECTED PARENTS

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

September 22, 2023 06:00 AM Eastern Daylight Time

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RIP Wall Street vs. Main Street

Benzinga

Whenever the retail news talks about Wall Street vs. Main Street, I just chuckle. Wall Street vs. Main Street is long gone. The new market structure is entirely different now, with exciting new opportunities for retail traders and investors. The term “Wall Street” referred to the giant Sell-Side Institutions, the big banks and investment firms which once dominated the market. Big banks were the power and money behind most transactions. That dominance ended in 2008 with the banking debacle of that era. “Wall Street” has never been the same. Banks are struggling. Should you be worried? No. What you should be focused on are the Giant Buy-Side Institutions, which I call “the Dark Pools” since they transact orders on hidden Dark Pool venues. They are now the dominant force behind the scenes. They create a slow but massive liquidity draw when millions of shares of stock are bought slowly over time. This creates a huge hidden opportunity for both retail traders and investors. The Big Banks are always in the news. Not so with the Dark Pools, but they control 130 trillion dollars of assets under management worldwide. While the big banks’ revenue growth is eroding due to the growth of crypto currencies and all the variables of blockchain technology, the Dark Pools have been buying up huge quantities of the top crypto currencies to create new ETFs and other new investment and trading products. They are already making huge profits on these new derivatives. Peer-to-Peer transactions are growing in popularity. The banks’ role as intermediaries, as “vital and necessary to the global monetary system,” is in question. When all transactions are digital and the use of virtual wallets is the new normal, will we need banks as intermediaries for transactions between corporations, small businesses, consumers or government? Meanwhile, the Dark Pools manage the vast majority of 401(k)s and other retirement accounts. THEY are vital to the stability of the middle class of America. The Giant Buy-Side Institutions are usurping the big banks’ profitability from underwriting IPOs. The NASDAQ Private Market (NPM) is a new “professionals-only” stock market exchange where Buy-Side Institutions can invest in private companies much earlier in the cycle. Banks are no longer in control of which private companies will IPO, as the Buy-Side Institutions invest in these private companies via the NPM before they go public. Banks will experience a sharp reduction of profit from underwriting IPOs because the Buy-Side Institutions used to be their Preferred Clients, who bought shares of stock directly from the banks, which sold the majority of the shares to the Buy-Side Institutions well ahead of the IPO date. Banks are still used by most corporations for corporate “buybacks” of shares of a company’s public stock, but even that may end soon as new-technology financial companies, hedge funds and other firms can offer trading floor transactions instead of using the Bank of Record for buybacks. Or, the corporations may hire highly skilled traders and use AI as a means of managing buybacks. So “Wall Street,” aka giant banks and financial services, is not the force driving the huge growth of the stock market. This is an irreversible condition of an evolving global financial system. There is no “Main Street.” The millions of Americans who trade or invest in stocks are not one mindless group all behaving the same way. Each group trades and invests in a totally different way. This affects how stock prices move. Retail Long Term Investors. The SEC estimates about 70 million FAMILIES have invested in the stock market. As long-term investors, they are usually profitable. They have experience and some basic market knowledge. Retail Traders. This group is mostly trying to day trade, so they lose more money than any other group. They are largely gamblers and speculators with minimal market experience. Semi-Professional Traders. These individuals Trade as a Business full-time, similarly to independent professional traders. They have IRS business status for tax purposes. Smaller Funds Managers. These companies or individuals work with less than $3 billion in assets under management to as small as $100,000. They are considered “retail” as they lack experience or knowledge and tend to react to news similarly. They are no longer required to file SEC reports. MEME stock trading groups. This is a large group of higher-income younger-generation investors and traders who follow a retail-side guru. They trade the same “meme” stocks all at once to move the market deliberately in huge swings of price. Stock Market Cycle of Market Participants from TechniTrader® Thinking in terms of “us” vs. “them” is not the right attitude for successful trading in the financial markets. With a better understanding of the market participants–their goals, knowledge level, hold duration, how they trade, etc.–a well-educated trader or investor can identify when they are active and follow the market participant that best aligns with their goals. This is why I created the stock analysis method called “Relational Technical Analysis,” which is based on the Cycle of Market Participants. Visit my website to learn more. Martha Stokes, CMT https://www.technitrader.courses/ This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 21, 2023 05:01 PM Eastern Daylight Time

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DEEM Enterprises partners with World Champion Fantasy’s PlayerX to bring Esports Competition & NFL athletes to Atlantic City in January 2024

World Champion Fantasy

DEEM Enterprises, the development group holding the MOU to redevelop the forthcoming Renaissance at Bader Field project, today announced its first family-friendly esports competition, set to take place in January 2024 at Boardwalk Hall in Atlantic City with World Champion Fantasy (WCF), a leading technology company developing PlayerX, the world’s next generation online esports platform. The event will bring together gamers and NFL athletes including JuJu Smith-Schuster, Marquise “Hollywood” Brown, and Kurt Benkert. Teams composed of world-class esports professionals, amateurs, and NFL athletes will form competing teams to create nonstop excitement during a two-day event hosted by DEEM and WCF. Gamers, enthusiasts, fans, and families can expect live entertainment, celebrity appearances, musical performances, and immersive experiences from sponsors. The event will bring together thousands in person and virtually. This is the first of many events in the long-term strategic partnership between DEEM and WCF. “DEEM is pioneering a transformation in the motorsport arena,” said Erick Feitshans, CEO of DEEM Enterprises. “In today's evolving landscape of platforms, sports, and entertainment, we're observing a unique confluence where fan-first immersive experiences and entertainment converge — where pro athlete meets amateur, digital intersects with in-real-life (IRL), and motorsport blends with esports. DEEM stands at this crossroads, poised to lead. Partnering with WCF and leveraging PlayerX, we're amplifying Atlantic City's distinct offerings and past legacies with the innovative future of Renaissance at Bader Field. Our collaboration is set to elevate these dynamic intersections into the global spotlight through an unmatched event experience.” The event focuses on utilizing WCF’s groundbreaking product, PlayerX, an innovative platform that combines live video and data to offer an immersive esports experience. PlayerX enables users to assemble a dream team of esports athletes to compete, watch live streams, review stats, and analyze the performance of their favorite teams and players. “WCF has always had our eye on Atlantic City – it’s the perfect location to host esports competitions and draw on passionate individuals from the vast Southern New Jersey and Philadelphia metro areas. Our game-changing technology in PlayerX will be the backbone of our first family-friendly esports event with DEEM,” said Mike Vela, founder and CEO of WCF. DEEM and WCF will stream the event live. Global participants can expect watch parties, integration between physical and virtual programming, celebrities, and much more. This event will be a first-of-its-kind in a series of esports events, further solidifying the partnership between DEEM and WCF and their investment in Atlantic City. The companies will release more details in the coming months. “Perhaps what’s most exciting is sharing my passion for esports with so many people and families of all ages. PlayerX has the ability to unite people – from the amateur to the professional to the NFL athlete, all of whom share that same passion for playing esports. PlayerX balances everyone’s abilities by providing the right tools for a player to win or watch. Hosting our first event with DEEM in Atlantic City will showcase this physically and virtually. It will be electric,” Vela said. About Renaissance at Bader Field Renaissance at Bader Field is a planned $3.2 billion dollar, net-zero carbon LEED Platinum community to be built upon Bader Field that will transform the Atlantic City, New Jersey economy. The fundamental design approach of this new world-class motorsport community is rooted in resilient and sustainable design methodologies, including a microgrid concept for energy generation and distribution that utilizes clean hydrogen and will serve as a model for future self-sustaining projects worldwide. This new community will act as a catalyst for the financial rebirth of Atlantic City by attracting new job-creating industries, increasing the city’s tax base, and diversifying businesses throughout the city. Most importantly, this immense development will foster and promote the core values of equity and empowerment and will serve the citizens of Atlantic City. Visit www.deem-enterprises.com for more information. About World Champion Fantasy World Champion Fantasy is the next generation of fantasy sports as the first platform of its kind pairing best-in-class technology and UX with the most exclusive content in esports. We are at the future of fantasy and at the forefront of the evolving esports industry creating an immersive real-time interactive competitive experience, live data and video feeds all on one platform. For more information on World Champion Fantasy, please visit www.playerx.gg. Contact Details Mike Adorno +1 801-319-6153 madorno@hotpaperlantern.com Company Website https://worldchampionfantasy.com/

September 20, 2023 09:03 AM Eastern Daylight Time

BELLAMI Launches New Visual Identity, Bringing Inclusivity to the Forefront

BELLAMI

Today, BELLAMI, the global leader in hair extensions, announces its new visual identity for its direct-to-consumer product line alongside the launch of its Fall 2023 Silk Seam™ clip-in hair extensions. The new branding will appear in all marketing communications efforts. Celebrity Hair Stylist Andrew Fitzsimons will be leading the creative direction of the launch campaign in partnership with BELLAMI’s executive team along with distinguished Fashion Photographer Greg Swales and some of the world's most creative talent in fashion and makeup. Rounding out the BELLAMI Silk Seam™ Clip-In Hair Extensions collection, of what is now 44, with 5 new exclusive shades, in a wide range of textures and lengths, the launch campaign embodies a modern, edgy, and fashion-forward twist that ties in an earthy color palette to underscore the brand values of diversity and inclusivity, while echoing its focus on ethical sourcing and sustainable production. “I’ve been using BELLAMI Hair Extensions on my clients for a long time. They are the best of the best – from the quality to the range of colors, lengths, and textures,” says Fitzsimons. “With this new vision, I want to bring to life the brand’s personality and welcome everyone - of all shapes, sizes, colors, and hair textures - into our world. Together we are going to change the narrative when it comes to how consumers perceive hair and beauty. When they see BELLAMI, they will see themselves. We want our customers to know that they are beautiful as they are, but that they can still have fun and play with hair extensions the same way they would with jewelry, fashion, accessories, and makeup.” “BELLAMI launched with one of the first DIY Clip-In Hair Extensions in the world, making it easy to express yourself and have fun with hair, while still celebrating your own individual uniqueness. This new campaign is bringing us back to our roots, and Andrew is the perfect person to breathe life into our mission,” says BELLAMI VP of Marketing Laure Murciano. “As the leader in our category, it is our role to embrace diversity and the new beauty standards. Andrew not only understands who we are and where we want to be, but for years, Andrew has been inspiring people around the world through his work, and we know he will do the same with this campaign.” BELLAMI’s mission is to rebuild the visual identity of the Direct-to-Consumer brand portfolio, bringing the brand back to its roots and elevating its position within the ready-to-wear hair extension category which is projected to reach $1.3B by 2025. ABOUT BELLAMI Founded in 2012 by Nikki Eslami and Julius Salerno, BELLAMI is a global leader of high end, luxurious, ethically sourced and sustainably produced full-cuticle 100% Human Remy hair enhancement solutions for consumers and salon professionals. As the largest hair extensions brand in the world, collaborating with certified hair stylists, BELLAMI offers a full range of clip-in extensions and the four pro hair extension methods - Wefts, Tape-Ins, K-Tips, I-Tips. It is the only brand to have complete control over the sourcing and international manufacturing process, ensuring that all products are ethically sourced and sustainably produced. BELLAMIâs hair enhancement solutions and hair care are available via its e-commerce platform and company-owned stores, the BELLAMI Beauty Bars. BELLAMI is headquartered in Chatsworth, California. ABOUT BEAUTY INDUSTRY GROUP Established in 2004, Beauty Industry Group is an industry leader for professionally installed and DIY hair extensions and related beauty products. Beauty Industry Group's professional products are sold in more than 1,200 stores throughout North America and its collective brands service more than 30,000 salons across over 165 countries. Beauty Industry Group has offices in 6 countries and is headquartered in Salt Lake City, UT. ABOUT ANDREW FITZSIMONS Andrew Fitzsimons is an Irish hairstylist who splits his time between New York and Los Angeles. After training in Paris, Fitzsimons left for New York, where he quickly established himself as a hairstylist whose passion, professionalism, and love of fashion made him highly sought-after. He has styled the tresses of clients such as Kim Kardashian, Kourtney Kardashian, Khloe Kardashian, Jennifer Lopez, Adriana Lima, Megan Fox, and countless others. His work can be found in leading publications such as V Magazine, Harper’s Bazaar, Vogue Thailand, Vogue Arabia, Paper, Love, Elle, and in campaigns for brands including Calvin Klein, KKW Beauty, Skims, and Kylie Cosmetics. Contact Details Linsey Tilbor Rubin +1 732-991-5294 ltilbor@rellmc.com Company Website https://www.bellamihair.com/

September 20, 2023 09:02 AM Eastern Daylight Time

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Technical Analysis vs. Fundamental Analysis in Forex

LonghornFX

Trading the financial market can be profitable and risky depending on the knowledge and experience of a forex trader. To become an expert, traders need time to learn strategies to make an educated guess about the forex market's direction. Technical analysis and fundamental analysis are two strategies that help traders take a view of forex market moves. Let’s take a look at how technical analysis and fundamental analysis compare and which type you may look to use. Whether you want to trade stocks, forex pairs or equities, here is a guide on technical analysis vs. fundamental analysis in the foreign exchange market. What is Technical Analysis in Forex? In the foreign exchange market, technical analysis involves spotting trading opportunities by analyzing market trends. Traders use technical indicators derived from charts and past data to identify patterns that might predict future price movements. Commonly used tools and techniques include chart patterns like trend lines, moving averages, support and resistance levels and other signals. What is Fundamental Analysis in Forex? Fundamental analysis includes analyzing economic factors such as growth and interest rates or political stability that may affect the intrinsic value of a currency. Analysts look at the fundamental strengths and weaknesses associated with a country and its currency. Fundamental analysis takes a longer-term view and may consider trends like demographics or industrial shifts. Traders will keep tabs on the news and changes in economic data. Fundamental analysis can be time-consuming but offers valuable insights. Comparing Technical Analysis and Fundamental Analysis Traders using technical analysis typically use different data from traders employing fundamental analysis. Both frameworks have distinctive parameters to consider. Trading Goals Technical analysis often focuses on a shorter-term trading mentality. Under shorter time frames, fundamental factors may not change as quickly. Since technical analysis depends on past data and movement in prices, this method is used for spotting market opportunities in the short term. Day traders use technical analysis to trade in and out of positions without holding them overnight. Traders relying on fundamental analysis may hold a more futuristic and long-term mentality of trading the forex markets. They study the news and may produce scenario analysis regarding how each currency reacts to different economic conditions. Fundamental analysis can take more time to yield profit. Reading Forex Charts Because of the heavy reliance on charts, traders using technical analysis use feature-rich tools to analyze chart patterns and technical indicators. Reading charts can be a skill that develops over time – all the available indicators can get overwhelming to learn at once. When placing trades, fundamental analysts rely on charts to get a sense of the highs and lows in the foreign exchange market. However, most of a fundamental analyst’s work is not based on reading charts. They spend more time assessing intrinsic factors, including the economic factors affecting currencies before placing trades. Time Horizons Timing is an essential aspect of trading forex but depends on the intervals a trader might approach. Short-term traders using technical analysis may focus on shorter or medium-term timeframes, such as the minute and hour chart. A longer-term investment strategy might use fundamental analysis to tease out the longer-term trends. Trends that are relatively large shifts, like an aging population, may take a longer time to play out but come with significant implications for a country. Data Consolidation Data consolidation is necessary for any type of rigorous analysis. Technical traders, for example, need to aggregate price and technical data or rely on tools to do so. Because of the volume of potential data, most traders rely on platforms to provide the necessary resources. Traders who use fundamental analysis rely more on economic data, including interest rates, GDP, inflation and employment figures. Economists build models that pull in data, which can offer traders more information to forecast market movement. Skillsets Required The skillset required to be a fundamental analyst includes having a deep understanding of macroeconomics along with being aware of social or political factors that can impact countries. To be a technical trader, you must master the art of analyzing chart movements and choose the indicators that work best for you. Mastering these skills won’t happen overnight and requires patience and determination. Which is Better — Forex Fundamental or Technical Analysis? Traders may rely more on fundamental or technical analysis depending on personal preference or trading style. Technical analysis can suggest entry and exit points for a trade, while fundamental analysis might confirm a longer-term view. The goal of using either approach is to increase profitability and minimize losses. Using a combination of both is often the most effective strategy but requires time and patience to pursue intelligently. Trade Forex After Analysis Forex is one of the most liquid financial markets available. Trading opportunities in this massive market can be determined using technical or fundamental analysis or a combination of both. While technical analysis uses indicators like chart patterns, fundamental analysis requires a qualitative and quantitative analysis of trends and market conditions. Looking at the underlying factors that may drive currency value can be a complex undertaking. With the proper training and understanding of both fundamental and technical analysis, it’s possible to trade forex with more confidence. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details LonghornFX help@longhornfx.com Company Website https://www.longhornfx.com/

September 20, 2023 06:00 AM Eastern Daylight Time

Best Forex Entry and Exit Indicators

LonghornFX

Entering and exiting forex trades can be challenging and requires expertise and knowledge. Knowing when to enter and exit a trade determines your profitability. But what are the best indicators to use, and how do you know when to use them? This article will delve into some of the most effective and commonly used forex entry and exit indicators, explaining how they work and how to use them to enhance your trading performance. What Are Entry and Exit Indicators? Entry and exit indicators are technical analysis-based tools that provide signals to help traders identify the best opportunities to buy or sell a currency pair. These indicators are often based on price movements, volume, moving averages or other technical indicators. They help traders make data-backed decisions on the right time to enter or exit a trade to maximize profit and minimize losses. 8 Best Forex Entry and Exit Indicators Traders use a wide array of indicators to understand price movements, identify market trends and highlight potential entry and exit points. While the best indicator will vary from trader to trader based on their strategy and the currency pairs they trade, a few are widely considered effective. Moving Averages (MA) Moving averages illustrate an asset's average price over a specific timeframe and aid in spotting trends and potential reversals. Popular types include the 50- and 200-day simple moving averages (SMA) and the 9- and 26-day exponential moving averages (EMA). A common strategy is to observe the crossover of two moving averages, such as the 9-day EMA over the 26-day EMA, which can indicate a bullish trend (potential entry point), or vice versa for a bearish trend (possible exit point). Relative Strength Index (RSI) The RSI measures the momentum of price movements over a specific period, typically 14 days, and helps identify overbought, oversold and potential divergence signals. RSI values range from 0 to 100, with levels above 70 suggesting overbought and below 30 indicating oversold conditions, often used as trade exit points. Divergence (when price and RSI trends oppose), can signal potential trend reversal or weakening. For example, if the price makes a new high, but the RSI doesn't, it could be a bearish divergence, indicating a possible sell signal. Conversely, if the price hits a new low but RSI doesn't, it's a bullish divergence, suggesting a buy signal. Bollinger Bands Bollinger Bands indicate market volatility and potential overbought or oversold conditions by surrounding the price with an upper and lower band. They're calculated using a standard deviation from a typical 20-day SMA. The upper band predicts the market's highest likely price and the lower band the lowest. If the price touches or exceeds the upper band, the market may be overbought and due for correction; if it reaches or dips below the lower band, the market may be oversold and ready for a bounce, making them useful as exit points. Additionally, narrowing bands suggest market consolidation, while widening bands indicate high volatility. These breakouts or breakdowns of the bands can be used as trade entry points. Moving Average Convergence Divergence (MACD) This indicator shows the difference between two exponential moving averages (a 9-day EMA subtracted from a 26-day EMA) and a signal line. It helps identify trend reversals and exit points. A crossover of the MACD line and the signal line indicates potential entry or exit points; if MACD crosses above, it suggests a bullish trend (buy signal), and if it crosses below, a bearish trend (sell signal). Divergence (when the MACD line and price trend in opposite directions), can signal a possible trend reversal. For instance, if the price hits a new high, but MACD doesn't, it could suggest a bearish divergence (sell signal), and vice versa for a bullish divergence (buy signal). Stochastic Oscillator The Stochastic Oscillator measures price position relative to its high-low range, helping determine potential entry and exit points and trend reversals. It subtracts the lowest low from the current closing price and divides it by the high-low difference of a given period (typically 14), resulting in a 0-100% range. Overbought conditions are suggested when the oscillator is above 80, indicating a potential correction, and oversold conditions when below 20, hinting at a possible price bounce. Crossovers between the stochastic line and its moving average (the signal line) can provide buy or sell signals. Divergence, when price and oscillator directions differ, can also indicate trend reversals. For instance, a higher stochastic low against a lower price low suggests a bullish divergence (buy signal) and vice versa for a bearish divergence (sell signal). Ichimoku Kinko Hyo Ichimoku Kinko Hyo is a multifaceted technical indicator from Japan, offering an instant overview of market trends, support and resistance levels and potential trade signals. Composed of five lines, it includes: Tenkan-sen (short-term trend) and Kijun-sen (medium-term trend), both calculated from nine and twenty-six-period high-low averages, respectively; Senkou span A and B, forming the "cloud" indicating dynamic support and resistance, calculated using averaged values of the previous lines and high-low over 52 periods respectively; and Chikou span, illustrating past price action. The cloud color (green or red) signifies bullish or bearish trends. Traders use it by watching for price-cloud crossovers, suggesting bullish (above cloud) or bearish (below cloud) trend changes and crossovers between Tenkan-sen and Kijun-sen or Chikou span and price for buy or sell signals. Fibonacci Retracements Fibonacci retracement levels are key percentages of a major price movement (swing high to swing low) used to identify potential support and resistance points in trading. Based on the Fibonacci sequence, the levels are calculated by dividing the price distance by key ratios: 23.6%, 38.2%, 50%, 61.8% and 100%. These levels often act as potential exit points for trades, as prices could bounce or reverse. The 38.2%, 50% and 61.8% levels are particularly noteworthy, frequently demonstrating strong support and resistance. If the price retraces to 38.2% in an uptrend, it may bounce back, resuming the upward trend. However, it may find support at 50% or 61.8% if it falls below. If it dips below 61.8%, this might suggest a trend reversal. Traders may use these levels to determine exit points or to take profits. For instance, if in a long position and the price hits 61.8%, you might consider exiting as a reversal may be imminent. Similarly, reaching 38.2% might prompt a short-position exit due to a potential price bounce. Combining Entry and Exit Indicators for Optimal Trading Strategies While each of these indicators can be used individually, combining them can provide a more comprehensive view of the market. Using multiple indicators, you can corroborate your findings and create a more robust trading strategy. You can also create your unique entry and exit strategy by blending different indicators to suit your style, strategy and goals. Charting Your Path with Forex Entry and Exit Indicators Understanding and correctly using forex entry and exit indicators is crucial to becoming a successful trader. With the right mix of indicators to complement your trading strategy, you can effectively decipher the forex market's movements and make decisions that could lead to profitable trades. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details LonghornFX help@longhornfx.com Company Website https://www.longhornfx.com/

September 20, 2023 05:10 AM Eastern Daylight Time

How to Read Forex Charts Like a Pro

LonghornFX

Forex charts generally involve a graph of the movement of an exchange rate over time. Technical analysts often use forex charts in combination with technical indicators they compute. This comes from the exchange rate as well as other market observables like the open interest and traded volume for futures contracts. Learn how to you learn exactly what this means and how to read forex charts below. How to Read the Main Types of Forex Charts If you are just learning forex trading, this list should give you a good overview of how to read primary forex charts. You will find that certain forex charts give you more useful information than others. One trader might achieve soaring success using a tick chart while another hates reading tick charts and makes good money using candlestick charts. While you may get recommendations from your friends or colleagues, you should try all these charts until you find one that you feel works best. You should not feel you are attached to one chart that worked in the past if it is not longer functional. Remaining loyal to a singular form of investment is not a wise long-term investment strategy. Plus, you can mix these charts during your studies as you search for the best indicators. 1. Tick Charts As the name suggests, tick charts have a data point drawn every time the market moves or ticks. This means there is no fixed time axis to a tick chart, so it lets a short term trader just focus on the price action. Support, resistance and trends all show up well on tick charts. When you want to take a look at a tick chart on MetaTrader 4, for example, you can double-click on the relevant currency pair in the MarketWatch window. A box will then pop up that allows you to enter trades or orders on the right, in addition to having a tick chart displayed on the left. The tick chart has a red line that shows the offer side and a blue line to indicate the bid side of the market. 2. Point and Figure Charts One of the most popular types of charts used by professional forex traders is the point and figure chart. This allows them to filter exchange rate moves, identify clear support and resistance levels and even trade specific patterns. Like the tick chart, this type of chart does not have consistent time intervals on the x-axis, so it also allows a trader to focus purely on the exchange rate action. Point and figure charts are typically constructed on graph paper by using an X to fill a rising column of boxes and an O to fill a falling column of boxes. Each box represents a specified value that the exchange rate has to attain to justify marking an X or an O on the graph. These charts also have a parameter called a reversal, which is usually set at three boxes. This means at least a three-box move is required to switch the present column from using the X to using the O, or vice versa. Whenever a reversal occurs, the graph also progresses one column to the right. 3. Line Charts Line charts connect a set of single exchange rate observations taken per time period with a straight line. These charts most often use closing prices, although they could be drawn through high, low or opening prices instead. Since line charts offer a relatively simplified picture of exchange rate movements, they can be used to identify overall trends and other large-scale patterns on charts. Unlike the tick chart, a line chart has an x-axis with fixed time intervals. A line chart also helps you see short-term trends that can affect any asset. For example, you may see a steep decline related to a selloff, and you will see the stock’s recovery shortly thereafter. You can also use line charts to track the performance of a stock over long periods of time. It is easy to see, for example, that a stock dipped for a year due to negative press only to recover in conjunction with positive press. 4. Bar Charts Bar charts show the high, low, open and close for each time period which together forms a bar. The high and the low are connected with a vertical line, while a small horizontal dash is shown at the open level protruding to the left. The closing level is shown by a horizontal dash to the left. These bars are not connected to each other like the data points that make up line and tick charts are, but they do give much more information. Like line charts, bar charts also have fixed intervals on the x-axis. Bar charts are particularly useful for identifying exchange rate gaps where the range of the first time period does not overlap that of the subsequent period. They can also be useful for ascertaining whether the market has closed above a key level in a chart pattern, which might signal a breakout. While bar charts can reveal long-term trends, the spreads on each bar may be more difficult to interpret. If you track just one price on a bar chart, you could generate a line chart that helps you gather insight into the performance of the stock. 5. Candlestick Charts Candlestick charts are a Japanese invention that offers even more information than a bar chart because the color of the candle’s body signifies whether the market rose or fell during the particular time period. For example, a white body can be used to show a rising or bullish candle, while a black body shows a falling (bearish) candle. The vertical lines between the low and the open and between the close and the high are called wicks. Some candles have long wicks, others have short wicks and this can be significant when it comes to predicting subsequent market behavior. In fact, an entire technical analysis science has evolved regarding specific combinations of candlesticks that have predictive value and can be considered chart patterns in their own right. Many of them have colorful names like the hammer, doji, hanging man and shooting star. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details LonghornFX help@longhornfx.com Company Website https://www.longhornfx.com/

September 20, 2023 05:00 AM Eastern Daylight Time

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