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Metal Stamping Services

Miro Manufacturing has extensive knowledge and experience with custom metal stamping and tooling, including large sheet metal stamping and heavy gauge stamping. This expertise is applied to every project ensuring our customers of consistent quality and on time delivery. Our team works with you to establish the most cost effective process to produce the highest quality metal stampings possible. We will become an intricate member of your supply chain by actively participating in your Material Resource Planning, Electronic Data Interchange, Vendor Managed Inventory and Kanban systems.To get more news about Stamping parts, you can visit tenral.com official website.

Miro focuses on medium to high volume metal stamping production. Our fabrication capabilities are available to customers with lower volume needs. Also, for situations where low volume is anticipated in the beginning of the product life cycle with increasing volumes as product sales gain traction, utilize both Miro capabilities, first fabrication, then stamping. Take advantage of minimal tooling costs and slightly higher piece part costs for the fabrication phase. Then invest in hard tooling to significantly reduce your piece part costs through precision metal stamping. Miro will partner with you throughout the entire process.

Miro’s 330-ton Komatsu servo press is equipped with a 36” wide coil feed line. Servo presses are complete integrated systems utilizing technology to improve the entire stamping process. Accuracy, repeatability and power are three key advantages a servo press has over a mechanical press. Stroke, slide motion, slide position and speed are all programmable and adjustable.

Miro Manufacturing’s resume includes projects involving new parts requiring new tooling as well as projects involving current parts and existing tooling in need of resourcing. We handle easy, but if it was easy anybody could do it. That’s why people contact Miro when things are beyond easy.

Metal Stamping Company Serving Industry Nationwide
Located near Milwaukee, Miro provides contract metal stamping services throughout Wisconsin and the United States. Our domestic metal stamping services deliver high-quality results to manufacturers nationwide.

From coast to coast, we have an established reputation for reliability with tooling and precision metal stamping. That experience translates into precision, repeatability and consistent quality for all the metal stampings we produce. Get Miro involved from the very beginning. Contact us today!

The 5 Best Tools for App Store Optimization

You’ve just released your newest app, which you worked on for months. You made sure that it focused on providing one unique benefit to the world. But now, you’re not sure how to make it easy for the world to find it. This is where app store optimization (ASO) comes in.To get more news about Aso Optimization, you can visit aso700.com official website.

Put simply, app store optimization has one goal: to get people to download your app. But there are several sub-goals that ASO addresses. Let’s talk about those first.If you’re feeling nervous about learning to optimize your app for app stores, know that ASO is a lot like SEO. Popular app stores, including Apple’s App Store and Google Play, are basically search engines. You may know more about ASO than you think!

In both SEO and ASO, your goal is to improve your ranking within a search engine. App store optimization can not only help improve your search ranking for a chosen keyword, but it can also help people convert once they find your app.Despite the old saying, most people do judge a book by its cover — and an app by its icon, product description, and screenshots. App listing tools will help you create an app listing page that’s easy to digest, relevant, and persuasive.

Instead of having to comb through every single rating and review and analyze the data yourself, you can let an ASO tool do the sentiment analysis for you. The ASO tools that focus on sentiment analysis summarize the data within the reviews and give you an idea of what your users like and don’t like.

Just as split testing is an important part of e-commerce SEO optimization, it’s crucial for the success of your app. Some ASO split-testing tools work within your app’s real-time downloads, whereas other split-testing tools enable you to test your app before it goes live.

App Radar may provide a wide range of services, but its focus is narrow enough to be powerful. Each service points to the same goal: growing your app’s reach. To that end, App Radar encompasses several of the app store optimization tool types, including keyword discovery tools, app store intelligence tracking, and app listing/product page tools.

A huge benefit of App Radar is that it offers a free starter plan. If you need ASO help with one or two apps, you can get it for free on App Radar. The free plan optimizes two apps, tracks 30 keywords, analyzes three competitors, provides seven days of historical data, and more.

If you’re further along in your app creation journey, App Radar’s Startup Plan begins at $69/month and includes optimization for six apps, tracking for 300 keywords, analysis of 30 competitors, unlimited historical data, chat support, and more.AppTweak’s pricing is clear, beginning with a seven-day free trial or demo, after which you must choose a plan, starting from $69/month. Far from only including ASO report tools, AppTweak also provides Search Ad intelligence, app download estimates for tons of countries, app revenue estimates, reviews and ratings, customer service, and more.

3. Apptentive, the best review and sentiment ASO tool
Based in Seattle, WA, Apptentive features several review and sentiment-based tools that help you interact with customers and keep them satisfied.

With a smart play on the word attentive, Apptentive aims to facilitate a personal relationship between you and your customers. Apptentive does this with behavioral segmentation, enabling you to present requests for reviews and ratings based on different customer behaviors.

App store optimization success: Top five KPIs you must measure

Across two major app marketplaces, there are already more than two million mobile apps and still counting. Mobile apps have made inroads across all nooks and corners of our daily lives and enterprise operations. But despite all these, not all mobile apps are equally successful, and there is a multitude of apps that struggle to survive as businesses. Perhaps, App Store Optimization (ASO) is something that app creators must consider.To get more news about Specialty Android Keyword Ranking, you can visit aso700.com official website.

Naturally, app publishers and marketers worldwide consider it extremely important to monitor several metrics concerning user engagement, user retention, and business conversion. Here we will explain the five leading metrics that you need to track for measuring the success of your app in app stores.
1. Discoverability in App Stores
The most important thing for any app to get traction in app marketplaces is to become easily discoverable and visible to the target audience. Whether coming into search results or getting featured or hitting top charts, in one way or the other, your app needs to be discoverable and visible to the audience. This is also the principal objective of App Store Optimization (ASO).
2. Active users
This is one of the most important metrics to measure the traction and engagement of a mobile app. The number of active users for a mobile app directly shows the audience engagement and how it evolves. When this metric shows growth, that means the app is getting more traction. The active user metrics can further be categorized into four metrics as per audience engagement in different time spans.
3. Lifetime Value (LTV)
Whether calculated on a monthly, daily, or weekly basis, the number of users hardly gives an idea of the business conversion or the kind of revenue they generate for the app. The Lifetime Value or LTV is the metric that helps measure the gross revenue generated by a user over a period of time. This metric is more closely related to the bottom line of an app and hence is very important.

Though you can easily track user session time on a weekly, daily, or monthly basis and track their CTR and impressions, measuring the business conversion remains difficult. This is where this metric comes as handy as it allows evaluating the total sum outcome of the entire app marketing efforts.

4. User acquisition cost
Another important metric closely related to the bottom line and revenue is the user acquisition cost. Your total marketing budget spent on user acquisition can be divided by the total number of users to get an idea of the cost of acquisition. The metric further can be divided on a monthly and yearly basis and can be seen whether the cost of acquisition is growing or decreasing.

5. Conversion rate
Your app is easily visible and discoverable as per the various visibility metrics we have discussed. Now the question is, does this visibility convert into app downloads. After discovering your app downloads the app, how many of the visitors is a crucial metric to measure the success of your App Store Optimization and app marketing?

Some of the key methods to boost App Store Optimization and conversion include using great app title, engaging app description powered by screenshots, images and video content, app reviews, and app ratings.

App market conversion can be tracked through the important measurement metric called Click-through rate (CTR). The proportion of people who, after landing on your app marketplace snippet clicks to go into the product page, is expressed in percentage, and it is called the conversion rate. It is an unmistakable part of the conversion funnel that app marketers need to monitor on a regular basis.

To improve the conversion rate, fortunately, you have an array of sophisticated A/B testing tools that helps you to evaluate the impact of various aspects of your app listing and accordingly fees helpful suggestions to improve conversion rate.

10 App Store Optimization Tips to Improve Ranking

There are plenty of apps in the apps store, and there are hundreds of them for the same purpose. So, similar to search engine optimization for websites, it is essential to think of ASO (App Store Optimization) also for the mobile applications to come on top. With more than 65% of the smartphone users directly rely on the App Store to search for new apps and install them, and Apple paying the developers a fair sum based on the popularity of their apps, it is essential to do everything possible to get your app featured higher in search results. For business apps, this need is inevitable.To get more news about Android App Store Optimization, you can visit aso700.com official website.

1. Set the keywords in 100 characters

It is possible for the developers to add keywords specifying your apps in the App Store listing. The store’s search algorithm further refers to these keywords to display your app against the searches. So, it is critical to select the most relevant and highly popular search terms as your app keywords. You may make keywords up to 100 characters. It is not ideal to use long-tail keywords, the name of the app as a keyword, plural forms, or misspelled keywords. Separate multiple keywords with commas and don’t use space in between.

2. Make a descriptive title of 50 characters

Unless you are a well-known brand, your app may not be directly searched for. In such a case, it is essential to use the right keywords to perfectly describe the usage and functionality of the app for the users to get an idea about it before downloading. You can use keywords in the title also to enhance your ranking in the search. However, everything should be kept in the 50-character limit.

3. Avoid generic names or names similar to already existing apps

Putting terms bluntly like music app or photos won’t help to distinguish your app from others. While using titles, don’t put the users into confusion and also avoid any chance of them ignoring your app. Don’t also use names which are similar to apps already existing in the store. This is, in fact, a black hat technique used by some developers, but Apple may penalize you for doing so.

4. Don’t use any trademark or celebrity name

Apple has a very strict policy in light of copyright infringement laws. You need to go through the guideline carefully before putting an app name or description. There are strict restrictions in terms of using celebrity names, trademarks, copyright names, etc. unless you have legal permission to do so. You need to use the copyright brand names only by proving you have a legal affiliation with the brand to do so. Otherwise, Apple will right away reject your application. However, you can do a competitor analysis to identify the built of the trending names and then think in your own creative ways to come up with options to beat it.

5. Keywords on the title

It is advisable to add descriptive keywords on the app title, which is proved to increase the visibility of the app by 10%. Doing so makes it easier for the users to spot your app through search and install it.

6. Choose the most appropriate category and subcategory for your app

App store search works based on the categories and subcategories specified. So, you need to give proper instruction to the search algorithms to show up your app inappropriate category results to the searchers. While choosing the categories, make it specific to the core functionality of your application and not the add-on functions. Say, for example, the Instagram app is categorized under photos and videos whereas Facebook is under the category of social networking.
7. Give it a user-friendly description

As discussed above, app descriptions are very important in letting the users know the function of your app. There are a few things to consider while making your description optimally user-friendly and readable.
8. Optimize the content in your description

The users get an overview of the app while looking at the description in the default view and then taken to the full view while clicking on the More link. So, all the effort you put it to making a stunning app and an attractive description may go in vain if the first few lines of the description are not stellar to grab the users. So, spend some time and given a careful consideration to frame a very engaging lead to the app description.

9. Its ideal for targeting the low-competition keywords first

It is primarily the concept of being the biggest fish in the small pond than being the smallest in the ocean. You can use the tools for keyword research to find the apt keywords in your niche having a lower search volume and low level of competition. Try to rank on top for those keywords first. Once if you build enough credibility and social proof, then you can further proceed to the next level of attacking the bigger fishes and come up.

10. Create the initial screenshots showing off your top features

According to a study conducted among the App Store users, it is found that the users searching for applications don’t swipe past two initial screenshots. So, it is essential to make your first two screenshots of the app stand out. Some tips are:

The best name necklace

It's empowering to embrace who you are, and by wearing a name necklace, you can show off your pride in a stylish way.To get more news about name bracelet, you can visit koalaprint.com official website.

Name necklaces come in a variety of fonts and finishes and can even be embellished with diamonds or rhinestones. While popular names are easier to find, there are still plenty of manufacturers who specialize in unique names or those with different spellings.

Our buying guide introduces you to the various styles and finishes available and includes reviews of some of our favorites at the end. Our top choice, the Awegift Personalized Name Necklace, is made with hypoallergenic metal that is rust- and tarnish-resistant.
Name availability

The majority of manufacturers have a collection of premade names, which include common or currently popular ones. For those with unique names, accent marks, or different spellings, you probably need a custom piece made by a jeweler.

Necklace style

Traditional name necklaces feature the name as a horizontal bar with a chain that attaches to the first and last letters. Newer iterations present the name as a vertical bar, in which it more closely resembles a pendant. While less common, vertical styles are considered contemporary, and depending on their style, can be on-trend.

Metals

Name necklaces are available in stainless steel and can be gold-, silver-, or rose gold-tone with plating. Solid silver, gold, or platinum name necklaces cost far more, though they last a lifetime. Inexpensive name necklaces, on the other hand, may break within a couple years, especially with everyday wear.
Chain length

Name necklaces usually have chains between 14 and 18 inches. Depending on the wearer, this means they rest either just above or below the clavicle. Some manufacturers offer more than one chain length, while others have a standard length.

Font style

The most common font style for name necklaces is forward-leaning script. Contemporary name necklaces can feature script, italics, or even print letters. They're also available in a wide variety of fonts, many of which are modern or edgy.

Pendant size

The average name bar is two to five inches long, depending on the style as well as the length of the name. Smaller styles are popular for those who prefer understated jewelry for everyday wear. For those who prefer statement pieces, you can go as big as you like.

Embellished styles

Embellished styles of name necklaces are popular if you like a little bling in your life. They feature diamond- or rhinestone-encrusted letters throughout the name or focus the embellishment on the first letter. Other embellished styles feature birthstones.

Packaging

Like most jewelry items, name necklaces usually come in attractive packaging so they're gift-ready. Inexpensive necklaces come in simple chiffon or velour bags, while premium styles have hinged jewelry boxes.

Celebrities Love This Nostalgic Jewelry Trend

When shopping for jewelry, there's one rule of thumb that fashion lovers generally follow: minimalist pieces tend to withstand the test of time, and maximalist styles are quicker to come and go. That is, with one major exception: the nameplate necklace. Accountable for some 40 years of popularity, the bespoke style has crept into near-all corners of the fashion space, from music videos to runways and back again. Now, in 2020, it's come back to the forefront — namely, through selfies from the style set's finest. The best part of the nameplate necklaces that celebrities wear on repeat? Many of them are shockingly affordable and in stock right now.To get more news about Personalized Name Necklace, you can visit koalaprint.com official website.

First, let's go back to its roots. First gaining popularity amongst Black and Latinx youth throughout the early '90s, moniker-stamped jewelry was more than a trend. Whether channeled through hoop earrings, chain necklaces, or rings, nameplate jewelry served as a signifier of identity and pride. Eventually, shows like Sex And The City pilfered the trend, which propelled it into mainstream fashion through the aughts. Now, with the resurgence of yellow gold trend (including chunky chain pouches and heeled sandals), nameplate jewelry is popping up everywhere once again, especially amongst stylish celebrities. Their favorite styles aren't always exorbitant, either — with prices running the gamut from $34 graffiti chains to thousand-plus styles flecked with diamonds.

There's no other way to kick this off than with Beyoncé. The multi-hyphenate singer has been wearing letters around her neck since the onset of her career (cue all three Destiny's Child songstresses wearing matching 'DC' chains). Her latest style is simple: a silver "Mommy" necklace in classic script. While its exact maker is unknown, Sparklane has a similar version — and it's on sale for $50.

JLo is, among other things, the queen of extraverted fashion. The Bronx-born triple threat never shies away from a bold, gilded look — and her diamond-embellished necklace is no exception. From Lana Jewelry, her "JENNIFER" necklace rangex well into the thousands, but the same piece can be shopped in a smaller size for $1,330.

รู้จักการเทรด ‘ข่าว Non-Farm’ กับโอกาสทำกำไร 2000%

ข่าว Non-Farm ย่อมาจาก Non-Farm Employment Change เป็นข่าวที่ออกโดยกรมสถิติแรงงานของสหรัฐ มีเนื้อหาเกี่ยวกับจำนวนลูกจ้างในกลุ่มอุตสาหกรรมต่าง ๆ ว่าเพิ่มขึ้นหรือลดลงอย่างไร ความดีงามของข่าว Non-Farm คือมันสามารถสร้างเป็นกลยุทธ์ ทำกำไรในการเทรด forex ได้ โอกาสในการทำกำไรวันหนึ่ง 100-2000% เลยทีเดียว.To get more news about เทรดข่าว, you can visit wikifx.com official website.
  Non-Farm Payrolls (NFP) ตามความหมายแปลว่า “การจ้างงานนอกภาคการเกษตร” คือไม่ได้เกี่ยวข้องกับการเกษตร เป็นการจ้างงานอุตสาหกรรมเพียงอย่างเดียว ซึ่งผลิตภัณฑ์อุตสาหกรรมของสหรัฐ มีความเกี่ยวข้องกับการส่งออกและนำเข้าอยู่ในสัดส่วนที่ค่อนข้างมาก ทำให้ข่าวนี้มีผลต่อ Forex อย่างหลีกเลี่ยงไม่ได้ Non-Farm Payrolls จะประกาศตัวเลขเดือนละครั้ง ทุกวันศุกร์ต้นเดือน เวลาประมาณ 19:30 ตามเวลาของไทย ซึ่งแสดงถึง “จำนวนผู้ที่ทำงานอยู่ในอุตสาหกรรมต่าง ๆ ที่ไม่เกี่ยวข้องกับการเกษตร” ของเดือนที่ผ่านมา
ตัวเลขการจ้างงาน เป็นดัชนีสำคัญที่จะชี้วัดการใช้จ่ายของผู้บริโภค สะท้อนให้เห็นถึงสภาพเศรษฐกิจโดยรวม
  หากมีการจ้างงานมาก ผู้คนก็มีรายได้มาใช้จ่ายมากขึ้น หากมีการจ้างงานน้อย แปลว่าคนอาจจะตกงานมากขึ้น สภาพคล่องทางการเงินก็จะน้อยลง การใช้จ่ายก็จะลดลง ถ้าหากตัวเลขเพิ่มขึ้นแสดงว่ามีการจ้างงานมากขึ้น แสดงถึงเศรษฐกิจกำลังเจริญเติบโต ส่งผลให้เงินมีค่ามากขึ้น ถ้าหากตัวเลขลดลง จะแสดงถึงเศรษฐกิจเกิดการชะลอตัว ทำให้เงินอ่อนค่าลง
ข่าว Non-Farm ไม่ว่าลบหรือบวก ส่งผลต่อการเคลื่อนไหวของค่าเงินโดยเฉพาะคู่ที่มีค่าเงิน USD อยู่ในนั้น รวมถึงราคาทองคำค่อน อาจเกิดการแกว่งตัวของราคาอย่างมาก ทุกครั้งที่มีข่าว Non-Farm ราคาจะแกว่งตัวอย่างรุนแรง ในระยะเวลาสั้น ๆ ซึ่งอาจจะเป็นการแกว่งตัวถึง หลักร้อย Pip - หลักพัน Pip ถ้าได้กำไร ก็จะทำกำไรได้เยอะ กว่าปกติ แต่ถ้าขาดทุนก็ยับเยินไปแล้ว การเทรดช่วงนั้นจึงมีความเสี่ยงสูง เหมาะกับคนที่เชี่ยวชาญการเทรด Forex แล้วเท่านั้น ดังภาพตัวอย่างนี้ที่แสดงความแกว่งของกราฟในช่วงที่มีข่าว Non-Farm
  กลยุทธ์ในการเทรดในช่วงของข่าว Non-Farm
  1. เทรดแบบสวนเทรน โดยดูจากการทะลุเส้น Upper Band หรือ Lower Band
  2. หากคุณชอบเล่นตามเทรนด์ ขอให้เข้าให้เร็วและออกให้ทัน ก่อนกราฟมีการสวิงตัว
  3.เปิด Lot เยอะ ๆ เช่น 0.1 หรือ 0.3 หรือมากกว่า
  4. ถ้าผิดทาง ห้ามเสียดาย ให้ทำการ Cut Loss ทันที
  ทั้งนี้ทั้งนั้น เทรดข่าว Non-Farm เป็นการคาดเดาว่าข่าวจะส่งผลต่อทิศทางไหน ซึ่งการคาดเดาต้องมีความระมัดระวัง ควรจะมีการวางแผนที่รอบคอบ มีการใช้ Stop loss เพื่อป้องกันการสูญเสียขนาดใหญ่ได้ เพราะว่าในช่วงที่มีข่าวการเคลื่อนไหวของราคาจะเป็นไปด้วยความรุนแรง ไม่งั้นข่าวนี้จะกลายเป็นข่าวร้ายสำหรับคุณแน่ ๆ
  และที่สำคัญ! เทรดเดอร์สามารถรู้กำหนด เตรียมตัวล่วงหน้า และตามข่าว Non-Farmก่อนใคร ได้ที่แอปWikiFX ผ่าน “ปฏิทินข่าวเศรษฐกิจ” นอกจากนี้ยังมีบทความเทคนิค กลยุทธ์ ความรู้ แนวโน้มตลาด และข่าวสารอัพเดตทุกวันด้วยนะ ทุกหมดนี้ฟรีแค่มีแอป WikiFX โหลดเลย!!

В какие акции вкладываться при росте инфляции?

Компании-поставщики, продающие детали, компоненты и сырьё, которые нужны промышленности. Растут цены на эти товары — растут доходы компаний-поставщиков.To get more news about противотрендовая стратегия, you can visit wikifx.com official website.
  Например, есть кирпичный завод, которому для производства нужна глина. Если цены на неё растут, то компания, которая продаёт глину заводу, больше зарабатывает.
  Какие компании следует рассматривать в этом контексте: металлурги («Северсталь», ММК, НЛМК), а также нефтегазовые компании («ЛУКОЙЛ», «Газпром»).
  Компании, которые проигрывают от роста инфляции
  Компании, выручка которых зависит от нашего уровня жизни и покупательской способности. Инфляция потихоньку «съедает» наши доходы и заставляет быть сдержаннее в расходах даже на ежедневные товары.
  Покупатели всё меньше и меньше тратятся в магазинах. Как итог — у них падает средний чек и доходы.
  С какими акциями стоит быть аккуратнее: X5 Retail Group, «Магнит», «Детский Мир».
  Как можно поступить?
  Краткосрочно (1-1,5 года) инфляция будет расти по мере восстановления экономики. Можно на этом заработать: сократить в портфеле долю продуктовых сетей и нарастить металлургов на пару с нефтегазовиками.
  Ну со временем эффект инфляции для этих акций сойдёт на нет. Поэтому идея и является краткосрочной.

Maging Mayaman sa Pamamagitan ng Pagkuha ng Mga Panganib!

Mga Diskarte sa Pag-trade ng WikiFX (Miyerkules, ika-16 ng Hunyo taong 2021) - Ang karamihan ng mga indibidwal na namumuhunan ay madalas na napinsala ng pagkalugi sapagkat ang pag-iisip ng kalakal sa kalakaran ay inukit sa kanilang DNA. Ang mentalidad ay humahantong sa kanila sa hindi maibabalik na pagbagsak mula sa maling tiyempo ng pagpasok sa merkado, na ginagabayan sila na bumili kapag papalapit ang merkado sa rurok at ibebenta kung malapit ito sa labangan.To get more news about OSC, you can visit wikifx.com official website.
  Nagmula sa mga siklo ng merkado, isang ideya ng countertrend ay tumutukoy sa pagsamsam ng pagkakataon na pumasok sa merkado bago ito baligtarin. Gayunpaman, ang mga sumusunod na puntos ay dapat mapansin dahil ang diskarteng ito ay napaka hinihingi.
  Bigyang Pansin ang Pangkat na Sikolohiya
  Tinutukoy ng pangkat na sikolohiya ang takbo sa merkado sa pamamagitan ng nakakaapekto sa sama-samang pag-uugali. Ang pagmamasid sa paggana ng interpersonal na ito ay kapaki-pakinabang sa mga mangangalakal sa pagkumpirma kung ang isang labis na pesimista o tunay na pag-uugali ay nangingibabaw sa merkado, na kritikal.
  Gumamit ng Mga Tagapagpahiwatig sa isang Komprehensibong Pamamaraan
  Ang isang diskarte sa countertrend ay masalimuot dahil ginawa ito batay sa sentimyento ng merkado, kung gayon sa pangkalahatan ay nagsasagawa ng mga impluwensya nito sa pakikipagtulungan ng mga oscillator (OSC), paglipat ng average na pagkakaiba-iba ng koneksyon (MACD), stochastic oscillators (KD), at mga bagay-bagay.
  Mga Plano sa Kalakalan ng Orkestra
  Ang mga plano para sa mga diskarte sa countertrend ay dapat na tumpak, na binubuo ng mga kadahilanan na analitikal, mga tagapagpahiwatig ng pagmamasid o impormasyon, at ang oras ng mga posisyon sa pagbuo at pagtigil sa pagkalugi. Ang operasyon ng paghinto ng pagkawala ay pinakamahalaga dahil sa lubos na mapanganib na kalakalan sa countertrend. Ang kawalan nito ay maaaring magpalala ng pagkalugi ng mga negosyante kahit na mag-trigger ng likidasyon sa sandaling maganap ang backlog ng umiiral na kalakaran sa merkado.

The Ultimate Guide to the Best Forex Candlestick Patterns

Both the hammer and the hanging man are probably the most basic, but at the same time, the most efficient candlestick patterns to trade Forex with if your goal is to jump in a trade when the market is about to reverse. That is why they belong to the category of one-candlestick reversal patterns. The hammer is the bullish pattern that appears at the bottom of the trend after a substantial price decline, whereas the hanging man is a bearish pattern that can be seen at the top of the uptrend. Both these patterns are tradable on any time frame higher than 15M.To get more news about Forex Tips, you can visit wikifx.com official website.
  The ability to recognize and trade off these patterns is invaluable for any successful Forex trader because they hint at the probable top, or the probable bottom, of a trend and signal that traders should start looking for the most optimal exit or entry points.
The hammer pattern emerges when a currency price drop substantially lower than the opening price of the day, but then the buyers step in and drive the price back to the level near the day‘s open, thus forming the one-candlestick pattern with a large lower wick (shadow), a relatively small real body at the absence, or a very small, upper wick. The color of the real body doesn’t bear much significance - it can be red (black) at the bottom of the downtrend or green (white) at the top of an uptrend. Certainly, a green body of a candlestick that flags the possible trend reversal might look more reassuring, but in reality, there have been many strong uptrends that stemmed from the hammer with the red body.
  It‘s important to know that the proper hammer pattern should have the lower wick at least twice as large as the candle’s real body; otherwise, that Forex candlestick pattern must be deemed as neutral. Also, remember that the real body of either a hammer or a hanging man must stay close or be within the upper (lower) price range.
  When this formation appears, traders say that the market is hammering out, and the reversal could be in the making. But the real essence of this candlestick pattern is best described by its Japanese name, “takuri”, which can be roughly translated as “testing the depth of the water by trying to reach for the bottom with a leg,” which makes a lot of sense when you look at its structure.
  The rule of thumb for using both these patterns is quite simple: the strength, or the reliability, of a hammer or a hanging man depends on the length of the lower wick, the size of the real body, and the presence of the absence of an upper wick and its size. The most meaningful patterns have a very long lower wick, small bodies, up to the point where they look like a dragonfly doji, and a very little or no upper wick.
  There is another hint regarding this pattern that we‘d like to share with you: when the hanging man appears at the presumed top of the uptrend, don’t rush into selling your position because the market is still running on the bullish steam, especially if the price movement is supported by the increasing volume, and there is a good chance that it would eat up the hanging man and continue pushing northward. Instead, wait for the next session to see whether the Forex market opens lower than the previous day‘s close. If that’s the case and the price drops with a considerable gap, the viability of the hanging man increases dramatically, and you can consider going short on that particular Forex pair.
Shooting star and inverted hammer point at the exit/entry points
  A shooting star and an inverted hammer are basically a hanging man and a hammer turned upside down that also act as the reversal patterns that emerge at the probable finale of a strong trending movement. The pattern is formed when the price of the particular Forex pair opens slightly above the close of the previous day, rallies strongly at first, but then gets pressurized by the sellers almost to the open of the trading session, thus forming the pattern with a long upper shadow, a small body, and little to no lower shadow. Please remember that the shooting star pattern can be considered as tradable only in trending markets, especially during powerful rallies, or at the top of the congestion zone. A shooting star and an inverted hammer in the ranging market has little to no significance with regard to forecasting the upcoming price movement.
  An inverted hammer, on the other hand, appears at the potential bottom of a downtrend and indicates that the buyers are seizing the initiative, and the price action might start going in the opposite direction. Both these patterns indicate that the market participants couldnt sustain the rally or the downslide.
However, as with any other individual Forex candlestick pattern, it is highly advisable to exercise patience and wait until the market reacts during the following trading session, whether it‘s on an hourly or a daily time frame. If the price starts moving in the direction opposite to the trend, preferably with a gap at the session’s open, the probability of a full-fledged reversal increases substantially. Also, when trading the shooting star pattern, you can get the confirmation by means of momentum indicators, such as MACD or RSI, which come very handy when determining when the shift of power takes place within the market. If the shooting star pops up when RSI, for instance, is deep in the overbought area (above 80), consider going for a sell or entering a short position. Moreover, when there is a divergence shown by any of these indicators (a discrepancy between the direction of the price action and the movement of indicators moving averages), the shooting star pattern at the top of the price swing would constitute a mighty strong sell signal.
  As for the inverted hammer, it has a similar confirmation scheme: the gap to the upside on the back of the growing bullish momentum and rising price, but here it‘s important to take into account the color of the real body and the time during which the price holds above the hammer’s body and within the upper wick - the shorter it is, the higher is the probability that the reversal will pan out.

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