Gp market forex

In this post I will be reviewing the GPS forex robot. As the name suggest, GPS forex robot is a fully automated forex trading system that does not require any manual trading.

You simply download the robot, attach it to your charts and it can place/manage trades. In order to use this forex robot, you will need a trading account with a forex broker. With so many brokers to choose from, I have conveniently compiled a list of my best forex brokers to help you quickly and easily choose a broker that meets your needs. Sign up now and receive instant access to my free forex robot download with over 40 technical indicators and 11 candlestick patterns built in. *please use a real email address as you will be sent the download link*

GPS forex robot review

In this post I will be reviewing the GPS forex robot. As the name suggest, GPS forex robot is a fully automated forex trading system that does not require any manual trading. You simply download the robot, attach it to your charts and it can place/manage trades. In order to use this forex robot, you will need a trading account with a forex broker. With so many brokers to choose from, I have conveniently compiled a list of my best forex brokers to help you quickly and easily choose a broker that meets your needs.

GPS forex robot trading strategy

The GPS forex robot can find settings depending on the current market conditions and optimize itself. The name GPS refers to this idea that it is constantly navigating the market and changing according to what direction the market is moving. The signals are based on a combination of technical indicators and current price action.

GPS forex robot back testing

The website has back tests but not with 99% modelling quality. It would have been useful for potential users to see 99% modelling quality back tests using birts TDS in the MT4 strategy tester. This could have given an idea of the historical performance but of course would be no guarantee of future performance. For the upmost accuracy, back tests can be conducted using real tick data, variable spreads and including commission, swaps and slippage.

GPS forex robot back tests

GPS forex robot live results

To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.

GPS forex robot summary

GPS forex robot has potential but as with any automated trading system, there are no guarantees on how it will perform. GPS forex robot runs on the free metatrader 4 platform and comes with detailed instruction manual for a quick and easy setup, full support and free updates for life.

GPS forex robot

Functionality

Usability

Versatility

Features

EURUSD, GBPUSD, EURGBP, USDCHF

15 minute timeframe

1 license

60 day money back guarantee

Full support

Lifetime updates

Detailed instructions

Fully automated

Metatrader 4

Best forex robots

Forex robotron

Forex cyborg

Forex flex EA

Forex scalping EA

5 pips A day

Get my free forex robot!

Sign up now and receive instant access to my free forex robot download with over 40 technical indicators and 11 candlestick patterns built in. *please use a real email address as you will be sent the download link*

Best forex brokers

Pepperstone

IC markets

GP trend forex scalping strategy

This is a scalping strategy that is based on the esignal macd indicator, GP trend indicator and delta trend indicator. You can use this system during london and new york sessions. The currency pairs that is to be used in this strategy
are EU, GU, GJ, AU and AJ. This works on a 15 minute timeframe. Take note that this strategy is not for beginners.

Metatrader indicators:

Exponential moving average (EMA) 4,

Exponential moving average (EMA) 16,

Exponential moving average (EMA) 60,

Mmprice,

Gpclock,

Ipanel trends indicator,

Bands,

Pivot auto,

Delta trend,

Esignal MACD (5, 13, 1),

Esignal MACD (8, 21, 8),

GP trend indicator.

Rules:

Trade with the trend. You will know if it’s an uptrend if EMA 4 is greater than EMA 16 and EMA 16 is greater than EMA 60. It is downtrend if EMA 4 is less than EMA 16 and EMA 16 is less than 60.

Buy entry:

Trend is up delta trend arrow confirmed by esignal MACD green (5,13,1) is less than esignal macdgreen (8,21,8).

GP trend is blue.

Sell entry:

Trend is down delta trend arrow confirmed by esignal MACD green (5,13,1) is less than esignal MACD green (8,21,8).

GP trend is blue.

Exit when at the pivot daily support/resistance line or wit profit target predetermined ( 8-18) pips depend by currency pair.

Forex trading strategies installation instructions

GP trend forex scalping strategy is a combination of metatrader 4 (MT4) indicator(s) and template.

The essence of this forex strategy is to transform the accumulated history data and trading signals.

GP trend forex scalping strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust this strategy accordingly.

Recommended forex metatrader 5 trading platform

Free $30 to start trading instantly

Deposit bonus up to $5,000

Unlimited loyalty program

Awards winning trading broker

How to install GP trend forex scalping strategy?

Download GP trend forex scalping strategy.Zip

*copy mq4 and ex4 files to your metatrader directory / experts / indicators /

Copy tpl file (template) to your metatrader directory / templates /

Start or restart your metatrader client

Select chart and timeframe where you want to test your forex strategy

Right click on your trading chart and hover on “template”

Move right to select GP trend forex scalping strategy

You will see GP trend forex scalping strategy is available on your chart

*note: not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 indicators from the metatrader platform.

Pattern play: plains GP holdings LP

Jason lubin december 24, 2020 10:45 AM

Upside breakout from a bullish pennant.

Plains GP holdings LP (PAGP), a provider of storage, transportation and marketing of crude oil, broke out to the upside of a short-term bullish pennant pattern that began to form in early-december. The simple moving averages (smas) just turned bullish, as the 20-day SMA is above the 50-day SMA and the 50-day SMA just crossed above the 200-day SMA. If price can manage to stay above the upper trendline of the pattern, then price will likely advance towards the 9.80 and 10.50 resistance levels. On the other hand, if price falls below the upper trendline, traders should look to 8.55 for support. If price is not able to bounce off of 8.55 and falls below it, it would be a bearish signal that could send price back to 7.80.

How to make money trading forex online

Chances are at one time or another, you’ve been asked by well-meaning friends to join the train of online forex traders. Or your interest has been piqued by the business and you’ve been told by numerous online sources that the best way to make money is trading forex online. Either way, it’s always important to understand the pros and cons of any venture you wish to embark on. Best believe it, it is not always bright and shiny in the online forex trading world.

Pros

It is easy to trade in online markets

You have access to a great amount of leverage making it easier for small retail traders to start their journey even with little capital

Con

Are the stories real? Can you make A living trading forex?

The internet today is rife with numerous forex trading victories. Are they just another cheap PR to get unsuspecting victims to embark on forex trading? The truth is there have been plenty of genuine forex trading success stories. But it all depends on you. How willing are you to work? How ready are you to learn the process?

Professional forex trader ezekiel chew has put down some seven noteworthy ways to become an excellent forex trader, beat the majority, and scale to impressive heights.

1. Learn the trade before you trade

Despite how exciting the process of trading may seem, it is always better you look, or in this case study, before you leap. That’s right. The better part of your excitement should be spent learning the art of trading.

Any tom, dick, and harry can open an account and start trading, but it takes so much more to make the money you dream of. Not to mention the tendency to be easily frustrated and to incur huge amounts of debt when you do not understand the process well.

How can you learn? A proper forex trading course is the best place to start your journey towards a successful forex trading path. They’ll teach you all the rudiments of trading independently and provide you with ample knowledge of trading strategies for the long run. You’re also sure to get follow on support when you embark on trading.

Make sure to be wary of scammers who promise quick success in a short period. A simple hack is that a good trading school will never promise such. They’ll only promise to teach you everything you need to know to trade effectively.

2. Set up A demo trading account

If you want to practice the trading process and get accustomed to the nitty-gritty involved, a demo account is an answer to your prayers. It enables you to practice forex trading on a “demo” capital, which is not real capital. This is because a demo account does not require capital to function.

Some of the perks are it helps you to get used to the trading interface and the process of placing orders on dummy trades. So when you do eventually start really trading, your boat would be smooth-sailing. A demo trading account provision is available on several trading platforms.

3. Beginning A piecemeal at A time

Trust us, you do not want to throw in a large amount of money at the initial stage of your trading quest. For one thing, a lot is at stake when you do, plus the emotional upheaval this may cause.

As a newbie, it’s best you start trading with a small amount of money and in the process, master the skill. You'll also have a lesser tendency to risk your account in the process. Leverage and margin also give you the ability to start really small. A good trading school will teach you all you need to know about leverage and margin.

4. Do not feel overwhelmed; price action is all that matters

Do not fall into the bandwagon of nouveau traders who clutter their chart with so many indices. Best believe it, at the end of the day, price action trading is all that matters. This cluttering of your chart also diverts your attention from what matters in the grand scheme of things, and you’re often rendered immobile from the numerous factors to consider.

And of a truth, technical analysis is not hard to decipher. It’s all about buying at very low prices and selling at a high price. The same way a trader would want to purchase goods in a store or from a manufacturer at low prices and sell to customers at a high price.

You will find that a good number of institutional traders do not care to crowd their charts with several indicators. They simply analyze prize levels and make a decision either to buy or sell within these prize ranges.

5. Find A forex trading strategy that works

We like to think that several indicators on a chart are like several stick-it notes on a refrigerator. You most likely placed them there to remind you of important things. But because they are many, they end up confusing and even frustrating you.

A good forex trading strategy that works need not be complicated. What is important is that it gives you an edge in the market. Look at trading in the long run. When your wins are more than your losses, you will be profitable. Finding the right forex trading strategy that is time tested through a series of successful backtesting is highly important.

Start off by mastering one strategy in a single pair. Swing trading strategies are one of them. Only move on to the next pair or strategy when you are profitable in a series of three sets of 20 trades. This way, you have a clear idea on whether or not you are profitable when compared to someone who is trading a range of different strategies and various pairs.

6. Trade within your limit

It is important to remember that a lot could go wrong with any trade at any given time. Do not be tempted to trade outside your accepted risk exposure in a week. Especially as a new trader, you could easily bankrupt your account in a short time when you trade above your limit.

Another advice is to count your losses and never keep a trade beyond the loss of its value. If chances allow, you ought to move to protective stop loss to decrease your losses. You also want to go the extra mile of protecting your profits by taking profits at strong levels.

One more thing: you should make use of trailing stops to protect winnings and at the same time creating an avenue for it to grow.

7. Keep track of your trading journey

There’s a reason why companies hire firms to audit their account. While your forex trading may not be the same as a company, they are both business ventures with the aim of making a profit. This way, you can determine how your trading has been going within a period of time. Your losses too should be accurately accounted for.

Keeping a record also serves as a practical lesson. Trading is essentially a lot of learning and a little doing. How fast you learn from your mistakes and apply your newfound knowledge will go a long way in projecting your profits and boosting your morale.

We understand that the art of forex trading can prove to be an emotional rollercoaster especially for the newly indoctrinated. However, it is important to take any losses with a grain of salt, for it is a part of the whole process of trading. Sometimes you win, other times you lose. What is important, however, is that you learn from your losses and wins too.

One strategy is to always make plans and be deliberate about those plans. Try to map out a clear cut pattern to attain any goal you set. Diligence and experience are what make a successful forex trader. And a right attitude to loss is what makes it a learning experience.

Some of the things you could include in your record taking include:

The date the trade was made

Screenshot of the chart of every trade

Explanation of where the trade was taken and reasons for the execution

Write out your performance in the trade

Write out how your performance makes you feel.

Creating a word document can help with all this.

GBP/USD (british pound/U.S. Dollar)

What is the GBP/USD (british pound/U.S. Dollar)?

The GBP/USD (british pound/U.S. Dollar) is an abbreviation for the british pound and U.S. Dollar currency pair or cross. The currency pair tells the reader how many U.S. Dollars (the quote currency) are needed to purchase one british pound (the base currency). Trading the GBP/USD currency pair is also known as trading the "cable."

Basics of the GBP/USD (british pound/U.S. Dollar)

The value of the GBP/USD pair is quoted as 1 british pound per X U.S. Dollars. For example, if the pair is trading at 1.50 it means that it takes 1.5 U.S. Dollars to buy 1 british pound.

The GBP/USD is among the top five most-widely traded currency pairs in the world. It is affected by factors that influence the value of the british pound and/or the U.S. Dollar in relation to each other and other currencies. For this reason, the interest rate differential between the bank of england (boe) and the federal reserve will affect the value of these currencies when compared to each other.

When the fed intervenes in open market activities to make the U.S. Dollar stronger, for example, the value of the GBP/USD cross could decline, due to a strengthening of the U.S. Dollar when compared to the british pound.

Key takeaways

The GBP/USD currency pair is among the world's most-widely traded currency pairs.

It is affected by economic indicators and actions by the central banks in both countries to boost or devalue their currency's value.

Great recession and brexit

During the great recession, the value of the british pound fell sharply. In 2007, the GBP/USD traded to an all-time high above 2.10, before falling below 1.40, losing over a third of its value as investors flocked to the U.S. Dollar - a so-called safe haven currency. In the five or so years proceeding the great recession, the british pound recovered to trade around 1.6 against the U.S. Dollar.

The GBP/USD had another sharp decline in june 2016, when britain voted to leave the european union. The GBP/USD pair fell 10 percent in one trading session and lost nearly 20 percent in the month proceeding the brexit vote. The vote to leave the EU was seen as negative for the british economy as it would be forced to renegotiate trade deals and this uncertainty led to investors pulling money out of the U.K. At a record pace.

Correlations

The GBP/USD tends to have a negative correlation with the USD/CHF and a positive correlation to the EUR/USD currency pairs. This is due to the positive correlation of the euro, swiss franc, and the british pound.

Prior to the great recession, the GBP/USD was highly correlated with the australian dollar and the new zealand dollar as investors purchased these high yielding currencies in what is known as a carry trade strategy.

GP trend forex scalping strategy

Metatrader indicators:

Exponential moving average (EMA) 4,

Exponential moving average (EMA) 16,

Exponential moving average (EMA) 60,

Mmprice,

Gpclock,

Ipanel trends indicator,

Bands,

Pivot auto,

Delta trend,

Esignal MACD (5, 13, 1),

Esignal MACD (8, 21, 8),

GP trend indicator.

Rules:

Trade with the trend. You will know if it’s an uptrend if EMA 4 is greater than EMA 16 and EMA 16 is greater than EMA 60. It is downtrend if EMA 4 is less than EMA 16 and EMA 16 is less than 60.

Buy entry:

Trend is up delta trend arrow confirmed by esignal MACD green (5,13,1) is less than esignal macdgreen (8,21,8).

GP trend is blue.

Sell entry:

Trend is down delta trend arrow confirmed by esignal MACD green (5,13,1) is less than esignal MACD green (8,21,8).

GP trend is blue.

Exit when at the pivot daily support/resistance line or wit profit target predetermined ( 8-18) pips depend by currency pair.

Forex trading strategies installation instructions

GP trend forex scalping strategy is a combination of metatrader 4 (MT4) indicator(s) and template.

The essence of this forex strategy is to transform the accumulated history data and trading signals.

GP trend forex scalping strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust this strategy accordingly.

Recommended forex metatrader 5 trading platform

Free $30 to start trading instantly

Deposit bonus up to $5,000

Unlimited loyalty program

Awards winning trading broker

How to install GP trend forex scalping strategy?

Download GP trend forex scalping strategy.Zip

*copy mq4 and ex4 files to your metatrader directory / experts / indicators /

Copy tpl file (template) to your metatrader directory / templates /

Start or restart your metatrader client

Select chart and timeframe where you want to test your forex strategy

Right click on your trading chart and hover on “template”

Move right to select GP trend forex scalping strategy

You will see GP trend forex scalping strategy is available on your chart

*note: not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 indicators from the metatrader platform.

How to trade gaps in the forex market

By tyson clayton

Gaps refer to areas on a chart where the price of a currency or stock moves sharply up or down with little or no trading in between. As this area represents an abnormality in the normal price pattern of the stock/instrument, it gets referred to as a gap. Gaps occur as a result of underlying fundamental and technical factors that vary for each financial market and require monitoring and knowledge by the investor.

So of what use can a gap be to an investor? Because the tiny area represents a fluctuation in the pricing, a trader can potentially exploit the gap and make a profit. In this article we are going to look at the 4 different types of gaps you will come across.

Video: what is gap trading

Click here for to view a live trading session

For example, suppose an airline company’s earnings turn out to be much higher than expected. That surplus of earnings might mean the company’s stock will gap up the next day. As the stock price opened higher than it closed the day before, a gap has been created within the company’s financial report.

Gaps can be especially exciting in the forex market, where it is not uncommon for a report to generate so much buzz that it widens the bid and ask spread to a point where a significant gap can be seen. Similarly, a stock breaking a new high in the current session may open higher in the next session, thus gapping up for technical reasons.

There are four types of gap classifications:

Breakaway gaps: gaps that occur at the end of a price pattern and signal the beginning of a new trend.

Exhaustion gaps:these gaps occur near the end of a price pattern and signal a final attempt to hit new highs or lows.

Common gaps: these gaps don’t get placed in a price pattern; they simply represent an area where the price has “gapped.”

Continuation gaps: continuation gaps occur in the middle of a price pattern and signal a rush of buyers or sellers who share a common belief in the underlying stock’s future direction.

Gaps fill quickly

The operating window for gaps can be perilously short, as the market tends to fill the gaps in quickly. When a gap does get filled, the price has moved back to the original pre-gap level. Overly optimistic or pessimistic views, referred to as irrational exuberance, can invite a gap fill, as can prices moving up or down quickly. When gaps get filled within the same trading day on which they occur, this is referred to as fading.

There are many ways to take advantage of these gaps. A few popular strategies include buying when the technical factor favor a gap on the next trading day, buying/selling into liquid positions at the beginning of a price movement in hopes of a good fill, fade gaps in the opposite direction once a high or low point has been determined, or buying when the price level reaches the prior support after a gap has filled.

Once a stock has started to fill the gap, it will rarely stop because of a lack of immediate support or resistance. The gaps also predict the price moving in two different directions, so an investor needs to correctly classify which gap they’re playing. Wait for the price to start to break before taking a position, and keep an eye on the volume; breakaway gaps should show high volume and exhaustion gaps should read low.

Due to the low liquidity and volatility of gaps, playing them can be risky, especially in the diverse forex market. But if properly traded, gap trading can offer opportunities for quick profits.

How much money can I make forex day trading?

Julie bang @ the balance 2021

Many people like trading foreign currencies on the foreign exchange (forex) market because it requires the least amount of capital to start day trading. Forex trades 24 hours a day during the week and offers a lot of profit potential due to the leverage provided by forex brokers. forex trading can be extremely volatile and an inexperienced trader can lose substantial sums.

The following scenario shows the potential, using a risk-controlled forex day trading strategy.

Forex day trading risk management

Every successful forex day trader manages their risk; it is one of, if not the most, crucial elements of ongoing profitability.

To start, you must keep your risk on each trade very small, and 1% or less is typical. this means if you have a $3,000 account, you shouldn't lose more than $30 on a single trade. That may seem small, but losses do add up, and even a good day-trading strategy will see strings of losses. Risk is managed using a stop-loss order, which will be discussed in the scenario sections below.

Forex day trading strategy

While a strategy can potentially have many components and can be analyzed for profitability in various ways, a strategy is often ranked based on its win-rate and risk/reward ratio.

Win rate

Your win rate represents the number of trades you win out a given total number of trades. Say you win 55 out of 100 trades, your win rate is 55 percent. While it isn't required, having a win rate above 50 percent is ideal for most day traders, and 55 percent is acceptable and attainable.

Risk/reward

Risk/reward signifies how much capital is being risked to attain a certain profit. If a trader loses 10 pips on losing trades but makes 15 on winning trades, she is making more on the winners than she's losing on losers. This means that even if the trader only wins 50% of her trades, she will be profitable. Therefore, making more on winning trades is also a strategic component for which many forex day traders strive.

A higher win rate for trades means more flexibility with your risk/reward, and a high risk/reward means your win rate can be lower and you'd still be profitable.

Hypothetical scenario

Assume a trader has $5,000 in capital funds, and they have a decent win rate of 55% on their trades. They risk only 1% of their capital or $50 per trade. This is accomplished by using a stop-loss order. For this scenario, a stop-loss order is placed 5 pips away from the trade entry price, and a target is placed 8 pips away.

This means that the potential reward for each trade is 1.6 times greater than the risk (8 pips divided by 5 pips). Remember, you want winners to be bigger than losers.

While trading a forex pair for two hours during an active time of day it's usually possible to make about five round turn trades (round turn includes entry and exit) using the above parameters. If there are 20 trading days in a month, the trader is making 100 trades, on average, in a month.

Trading leverage

In the U.S., forex brokers provide leverage up to 50:1 on major currency pairs. for this example, assume the trader is using 30:1 leverage, as usually that is more than enough leverage for forex day traders. Since the trader has $5,000, and leverage is 30:1, the trader is able to take positions worth up to $150,000. Risk is still based on the original $5,000; this keeps the risk limited to a small portion of the deposited capital.

Forex brokers often don't charge a commission, but rather increase the spread between the bid and ask, thus making it more difficult to day trade profitably. ECN brokers offer a very small spread, making it easier to trade profitably, but they typically charge about $2.50 for every $100,000 traded ($5 round turn).

Trading currency pairs

If you're day trading a currency pair like the USD/CAD, you can risk $50 on each trade, and each pip of movement is worth $10 with a standard lot (100,000 units worth of currency). therefore you can take a position of one standard lot with a 5-pip stop-loss order, which will keep the risk of loss to $50 on the trade. That also means a winning trade is worth $80 (8 pips x $10).

This estimate can show how much a forex day trader could make in a month by executing 100 trades:

Gross profit is $4,400 - $2,250 = $2,150 if no commissions (win rate would likely be lower though)

Net profit is $2,150 - $500 = $1, 650 if using a commission broker (win rate would be like be higher though)

Assuming a net profit of $1,650, the return on the account for the month is 33 percent ($1,650 divided by $5,000). This may seem very high, and it is a very good return. See refinements below to see how this return may be affected.

Slippage larger than expected loss

It won't always be possible to find five good day trades each day, especially when the market is moving very slowly for extended periods.

Slippage is an inevitable part of trading. It results in a larger loss than expected, even when using a stop-loss order. It's common in very fast-moving markets.

To account for slippage in the calculation of your potential profit, reduce the net profit by 10% (this is a high estimate for slippage, assuming you avoid holding through major economic data releases). This would reduce the net profit potential generated by your $5,000 trading capital to $1,485 per month.

You can adjust the scenario above based on your typical stop loss and target, capital, slippage, win rate, position size, and commission parameters.

The final word

This simple risk-controlled strategy indicates that with a 55% win rate, and making more on winners than you lose on losing trades, it's possible to attain returns north of 20% per month with forex day trading. Most traders shouldn't expect to make this much; while it sounds simple, in reality, it's more difficult.

Even so, with a decent win rate and risk/reward ratio, a dedicated forex day trader with a decent strategy can make between 5% and 15% a month thanks to leverage. Also remember, you don't need much capital to get started; $500 to $1,000 is usually enough.

The balance does not provide tax, investment, or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal.

General partner – meaning and definition

General partner in business – meaning and definition

A general partner is an investor in a company who has unlimited liability and is responsible for his portion of all contract obligations.In each partnership, there could be more than one general partner. As a representative or an associate, a general partner is also a managing director or an involved partner accountable for the management of the GP finance. This article will clearly explain the working and operation of a general partner.

Definition of a general partner

General partnerships finance or GP finance are entirely made up of general partners. It ensures that all parties are unrestricted responsible for the actions of relationships. In other words, a client may not only sue for the company’s business property but also sue for his personal property against a general partner. As unlimited liability exists for general partners, they might lose business and all personal assets.

A general partner will have power without the consent or knowledge of the other partners to act on behalf of the company. The general partner may have unlimited liability for the company’s liabilities, unlike restricted or silent partners. This is the primary reason for inventing limited liability partnerships. Most people wanted to go into business but did not want a relationship to be held responsible. There must be at least one general partner for a limited liability partnership. As in a general partnership, this party assumes total liability.

Working of general partners

It ensures that their trust in the business can only be destroyed. If a limited liability business was sued by the same customer, the business and only the general partner could sue its assets. The joint partners are not subject to personal charges. This organization promotes people to start companies.

It’s not all negative to be a general partner. General partners are entitled to run and decide on the company. Both these things can not be applied by law with joint partners. Clearly, shareholders are exclusive collaborators. General collaborators typically provide the companies with advanced know-how and expertise and add to their network of connections and customers. Since the general partners share management responsibilities, they each have more time to spend on professional tasks.

Disadvantages

For obligations of the partnership, a general partner may personally be blamed. For instance, a patient may seek medical harassment for a doctor. In some instances, the courts permitted the client to take action in the area of clinical practice against every general associates.

If the court makes a decision in support of the company, it would be the responsibility of all general partners. In reality, the general partner with the most capital invested in the company could take a higher share than the general partner whose supposed misconduct contributed to the litigation. If a general partner is ever required to fulfill the financial obligations of the partnership, its personal assets may be liquidated.

Final verdict

This article shows that a general partner is an investor in a company and is a shareholder in its profits. So, a GP finance agreement is required between the partners to run a successful business together.

50+ forex & trading industry statistics & trends

Researching the forex & online trading industry? Below are some interesting statistics, charts, trends, and facts we found on the $5.3 trillion forex market.

We’ve split the forex statistics into seven sections:

Forex market size stats

1. The global forex trading market is worth $1,934,500,000,000 (that’s $1.93 quadrillion). Put another way, this is 2.5X larger than the global GDP. 1

2. $5.3 trillion dollars per are traded every day in the forex market. 1

3. More than 85% of the global forex market transactions happen on only 7 currency pairs known as the majors (EURUSD, USDJPY, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF). 2

4. If you spent one dollar every second around the clock, it would take you 31,688 years to spend a trillion dollars. Therefore, to spend $5.3 trillion, the daily volume of the forex market, would take you 126,118 years. 3

5. The volume of retail forex trading represents just 5.5% of the whole foreign exchange market 2

6. Forex trading daily volume is about 53 times more than the new york stock exchange. 3

7. Deutsche bank is the world’s largest foreign exchange dealer with over 21% in market share 2

8. There are over 170 different currencies around the world today that make up the forex market. 2

9. Forex is the only market that runs for 24 hours per day. 1

10. The forex market is the most liquid market in the world. 1

11. The forex market is 12X larger than the futures market and 27X larger than the equities (stock) market.

Currency stats

12. The US dollar is the most traded currency, being part of almost 90% of global trades. 1

13. In may 2017, there were more searches in google around trading bitcoin than there were for searches around trading gold or oil, according to google trends.

14. The GBP/USD is known as the ‘cable’. Why do we have such a name for it? Simply because, before the creation of global communication satellites and the fiber optic technology, the london and new york stock exchanges were connected by a giant steel cable, immersed in the atlantic ocean. 1

15. The british pound (GBP, 11.8%) is the fourth most traded currency 1

16. The euro is the third most traded currency (EUR 33.4%) 1

17. The japanese yen (JPY, 23%) is the third most traded currency 1

18. The australian dollar (AUD 8.6 %) is the fifth most traded currency 1

19. The swiss franc (CHF, 5.2%) is the sixth most traded currency 1

20. The canadian dollar (CAD 4.6%) is the seventh most traded currency 1

21. The mexican peso (MXN 2.5%) is the eighth most traded currency 1

22. Chinese renminbi (CNY 2.2%) is the ninth most traded currency 1

23. New zealand dollar (NZD 1.4%) is the tenth most traded currency 1

Forex technology stats

24. MT4 is the most popular forex trading platform in the world. Its closest competitor is MT5, which as the name implies, is also built by metatrader.

25. Over 35% of traders search for a broker using a mobile or tablet device.

26. Traders prefer android over ios. 56.1% of traders have an android phone, while 41.8% use ios. Samsung is the most popular brand among traders using android.

27. 90% of successful forex traders these days use robots (sometimes called ‘expert advisors‘) to help them make money. 4

28. In binary options trading every trade lasts from less than 10 minutes to a maximum of 19 minutes. 4

29. 85% of traders use windows desktop. 5

30. Auto trading began in the chicago mercantile exchange as early as the 1970’s but became common with retail trading around 1999 when online retail platforms started appearing. 3

31. 60% of all forex transactions are conducted in either the UK (41%) or the united states (19%). 3

32. The 5 most popular cross rates, according to research are: EUR/JPY, EUR/GBP, EUR/CHF, GBP/JPY and GBP/CHF. 3

Forex trader stats

33. A recent research study undertaken by ph.D. Researcher john forman, reveals that 99.6% of retail forex traders are unable to achieve more than 4 back-to-back profitable quarters. Sound strategy or not, losses are apparently inevitable 3

34. There has been a rise in he number of female traders – 46% more women opened accounts in january – march 2015 than january – march 2014. Despite this, women still only represent 10.9% of all traders, according to our own research here at brokernotes.

35. Traders at getting started at a younger age. 43.5% of traders in 2017 were aged 25-34. This is up by almost 1% compared to 2016.

36. Some banks are known to allocate as much as 20-30% of their funds into the forex market and generate between 40-60% of their total profits through trading currencies. This is by far their most lucrative endeavour. 3

Forex history

37. The gold standard was set in 1880, the year which many people hold as the start of modern forex. The amount traded in forex increased by 10.8% between 1899 and 1913, but holdings of gold experienced an increase in only 6.3%. Clearly, foreign exchange began to gain more and more strength. 1

38. It was the bretton woods agreement that gave way to forex trading. Prior to 1971, speculation in currency markets was not permitted 2

39. The world’s first real ‘bank’ was monte dei paschi di siena founded in 1472 in tuscany, italy, and is still in operation today. 3

40. By 1913, almost half of global foreign exchange was traded using the sterling. While the sterling was the main currency in forex trading, the most active centers were new york, berlin and paris. London, for the most part wasn’t a major player in the trading world until 1914. 1

41. While we think of currency markets as a relatively new invention, money changers were first mentioned in the talmud, which dates back to biblical times. The money changers charged a commission, of course. 10

42. The forex markets, surprisingly, were forced to close sometime during 1972 and march 1973 due to the ineffectiveness of the bretton woods accord and the european joint float. 3

43. During the 17th and 18th centuries, amsterdam maintained an active forex market. Exchange took place between agents and merchants acting in the interest of their respective nations, england and holland. 3

44. The US federal reserve only came into existence in 1908. Before that, any US bank could issue their own money. 10

Forex broker stats

45. The largest company in the industry is IG index, which is listed on the london stock exchange with a market value of around £1 billion. It now has over 72,000 clients worldwide, making approximately one million transactions a month – over 90% of them online. 6

46. Approximately 90% of spread betting trades are buying positions. 6

47. The average net revenue of a publicly-traded forex broker is $457 million. This is different from the average volume traded per broker (for example, last year london capital group reported monthly trading volumes of $38.2 billion but approximately $4 million in revenue per month 7 .

48. IG reported an 18% rise in third-quarter revenue as traders speculated more because of increased stock market volatility (march 2016). 8

UK spread betting stats

49. According to the financial times the profile of the average spread better remains white, male, middle-aged and professional. Although IG index says that about 3,000 people open an account with them each month, spread betting is still not a mainstream activity. 6

50. Profits from spread betting are currently free of capital gains/income tax in the UK. 7

51. Around 92,000 people in the united kingdom were spread betting in 2012. About 35,000 people stopped spread betting in the united kingdom in the year to july 2012 (compared to 32,000 in the same period of july 2011), while around 23,000 traders switched providers. The growth over the period 2009 and 2012 has been modest with just 9,000 new traders. 6

52. According to research specialist investment trends spread betting client numbers rose to 88,000 in november 2011 compared to 83,000 recorded in october 2010 while those trading cfds reached 26,000, up from 25,000. 6

53. Financial spread betting has been around in the UK and in ireland for about 40 years but has experienced an impressive rise in popularity in the last decade. 6

so, let's see, what we have: in this post I will be reviewing the GPS forex robot. As the name suggest, GPS forex robot is a fully automated forex trading system that does not require any at gp market forex