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Tyumen Oil Company (TNK-BP) is a major Russian oil company, which is the third largest in Russia in terms of oil production. TNK-BP was registered in the British Virgin Islands in 2003 as a joint project of the British company BP and the Russian TNK. TNK itself appeared in 1995, when Nizhnevartovskneftegaz, Tyumenneftegaz, and the Ryazan Refinery were separated from Rosneft. TNK-BP is producing oil in West Siberia (Tyumen, Novosibirsk regions, Khanty-Mansiysk and Yamalo-Nenets Autonomous District); in the Volga-Urals region (Orenburg and Saratov regions, and the Republic of Udmurtia); in East Siberia (Irkutsk region); and in the Far East (Sakhalin). The company owns five refineries in the following cities: Ryazan, Nizhnevartovsk, Nyagan, Saratov, and Lisichansk (Ukraine). В...
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Money market mutual funds are mutual investment funds that specialize in investing exclusively in highly rated bonds of all kinds (state, municipal, corporate), bank deposits, units of other mutual funds and foreign currency. Money market mutual funds retain the advantages of bond mutual funds, i.e. a medium level of risks and a rather high yield. The peculiarity of this type of unit funds is that when units are redeemed, the unit holders must pay income tax (13%) in addition to other costs (commissions and fees to the management company and the depositary). The yield on money market mutual funds is in the range of 5-7%, which is comparable to the normal rate on a deposit. Thus, most often the shareholders of such a fund are those who strive for a reliable...
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The Reserve Bank of Australia (RBA) - Reserve Bank of Australia (RBA) - was established in 1911, becoming at that time the largest commercial and savings bank in Australia. In 1924 the RBA was given the authority to issue the Australian dollar. As a central bank, the Reserve Bank of Australia (RBA) was recognized in 1945. The Reserve Bank of Australia (RBA) meets 11 times a year, usually on the first Tuesday of each month. It aims to ensure the stability of the national currency, maintain full employment and the prosperity of the economy and the welfare of the Australian people.
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During the master class "Be a Trader with iLearney" One of the basic rules of trading says "the trend is your friend, trade with the trend". It would seem that there is nothing easier: you identify the trend and open a position when the previously formed extremums are updated in the direction of the current price dynamics. In other words, it's a well-known turtle system. However, in fact, everything is much more complicated. Firstly, the current trend can change to the opposite at any time. Second, statistics of turtle traders confirms the fact that not all of them are successful on the market. Approaches to the Anti-Turtles System by Famous Traders I think it was these circumstances that led some researchers to start leaning towards...
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The right choice and technique of setting the Stop Loss level allows you to optimize your dealing on the financial markets. The StopLoss order elegantly provides one of the simplest and at the same time most important market exits. In a previous article, we saw the importance of quality market exits. Such an exit prevents the trader from going broke by protecting the trading capital. Why is it important to place a StopLoss? In today's turbulent markets, trading without a stop loss is simply unthinkable. When any of our colleagues at scientific seminars loudly declares that he never uses StopLoss orders (supposedly, the combination of different exits gives him a significant advantage and allows him to work without StopLoss orders), then professionals understand that his...
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During "Be a Trader with iLearney" master class The problem of necessity of using technical indicators and trading strategies based on them in trading practice is still unresolved. Their supporters argue that approximation methods give good results when testing trading systems and therefore calculated indicators are quite applicable when trading in the real market. Opponents are skeptical, stating that indicators are just a derivative of the price and are unable to give an understanding of what is behind the price movement. Pros and Cons of Trading Strategies Indeed, if a trader takes a position based on signals given by calculated indicators, in most cases he does not think why price is moving today...
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The final result of any transaction depends on the quality of the exit from the market position, that is, the execution of the offsets. If the entry was good and the exit was bad, the trade will most likely result in a loss. At the same time, even with an unsuccessful entry, but an optimally placed stop-loss order, it is possible to make a profit. It is quality of market exits, but not entries which determines the efficiency of trading on the currency market. This statement is easy to understand. Just take any well-known entry strategy and try to experiment with exits. You will quickly discover that results can vary dramatically even with very small changes in exit parameters. In fact, it's often hard to even tell if an entry is good - because of the...
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As part of the master class "Be a Trader with iLearney" Nowadays, few would deny that the most important factor influencing the flow of capital between different segments of the financial market is the risk appetite of investors. During a downturn or recession of the world economy, it intensifies, while during a recovery or growth it hides in the recesses of consciousness. MSCI World Stock Market Index When investors feel optimistic about future prospects for the global economy, they begin to actively purchase risky assets: stocks, commodities or currencies, characterized by higher rates of the issuing countries' central banks. Quotations of these financial instruments grow as a result of increased demand. There is a close correlation between the global stock market and...
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The Russian Ruble (RUB) is the national currency of the Russian Federation. The international ISO currency code is RUB. Numerical code is 643. The ruble is a multiple of 100 kopecks. The ruble has been used since the 13th century being originally a part of the hryvnia, which was cut into several parts (hence the name). The Russian ruble (RUB) for a long time did not have its own official designation, as, for example, the usual dollar $. Now it is a capital letter "P" with a horizontal line on its foot. At the moment in circulation are denominations of 50, 100, 500, 1000 and 5000 rubles. Coins are available in denominations of 1, 5, 10 and 50 kopecks. In addition, there are available...
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Mortgage (home loans) is a banking sector concept denoting a loan secured by immovable property. In the event that the person receiving the mortgage does not fulfill the contractual obligations imposed by the mortgage, the lender has the right to sell the property to repay the loan. Mortgage lending is a situation where a bank extends a loan secured by immovable property. In this case, the property is a guarantee of repayment of the loan to the bank. A mortgage can be a pledge on an existing property or a pledge for the purchase or renovation of a new property.
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Exchange rate parity is a legally established ratio between two different currencies, which is the basis of the concept of "exchange rate". Until 1978, exchange rate parity was determined by the gold content of currencies, i.e., the amount of gold contained in the monetary units of countries. Then, for countries in the International Monetary Fund (IMF), the basis of calculation was "Special Drawing Rights" (SDR): a type of international currency that is used only for intergovernmental settlements through central banks. Since 1979, the European Monetary Union (EMU) came into force, which began to fix the obligations of member countries of the European Economic Community (EEC) to maintain currency parity within prescribed limits. Among the important factors affecting the parity of exchange rates it is necessary to note the state of trade...
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The more a trader is present in the market, the more he or she becomes convinced of its harmony. It doesn't matter what instruments you trade, what time intervals you use or what trading style you prefer - understanding the patterns of market price movements comes from understanding the clear interrelationships that form in the interaction of supply and demand. At a certain point in time, a trader discovers the patterns of harmonic trading. We will tell you about the method of using the harmonic patterns of Gartley to find the reversal points of the markets. Harmonic Pattern AB=CD In a simplified form, any graphical configuration can result from the failure of the market to form a new extremum (1-2-3 pattern), or from the successful testing of a previously formed maximum (minimum...
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What is the Big Ten? The Group of Ten (G10) are the nations that signed the General Agreement on Loans in Paris in 1962. What countries are members of the G10? Originally the G10 was made up of Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, the United Kingdom and the United States. In 1964, Switzerland joined the Group of Ten, however, the name of the association remained unchanged. Also, the Bank for International Settlements, the European Commission, the IMF and the Organization for Economic Cooperation and Development (OECD) take part in the G10 as observers. Why was the G10 created? The original purpose of this association was to finance IMF funds by lending to the latter. The money...
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What is a stabilization fund? The state stabilization fund (Stabilization Fund) is a monetary fund, formed most often from the state's excess revenues, whose main task is to maintain the stability of the country's economic condition during periods of crisis. During non-crisis periods, funds from the stabilization fund are used at the discretion of the state financial authorities, including investments. Every country has such a stabilization fund to some extent. Does Russia have a stabilization fund? The stabilization fund of the Russian Federation is a part of the federal budget formed by the excess of the price of oil over the base price of oil, which is subject to separate accounting, management and use in order to balance the federal budget if the price of oil falls below...
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In the master class "Be a trader with iLearney" It is no secret that the movement of exchange rates on the international FOREX market is largely determined by such concepts as "increasing appetite for risk" or "risk aversion". Investors' and traders' appetite for risk In the first case the matter concerns investors' desire to buy risky assets, characterized by higher profitability, or to invest their money in certain kinds of exchange-traded commodities, in the aggregate structure of demand for which an investment component accounts for a considerable part. As a rule, as for the stock market, the risky assets on the stock market are the shares, while on FOREX the currencies of the countries whose central banks set higher interest rates. For example, if.
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MetaTrader 4 trading terminal is a software product for exchange trading, including Forex, developed by the Russian company MetaQuotes. At the moment, the most popular and popular terminal among practicing traders. MetaTrader 4 (MT4) is the platform, which allows traders to get remote access to trade Forex instruments, stocks, CFD and futures. Trading terminal MetaTrader 4 is designed for independent execution of operations in the markets, as well as for conducting graphical analysis of the market, for working with automated trading systems (Expert Advisors) and testing them, for learning to trade, for on-line access to news feeds, etc. The special program language MQL4, included into the MetaTrader 4 terminal for free, provides...
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What is the stock market? The stock market is one of the main parts of the financial market, where the turnover of securities takes place. The securities are stocks, bonds, bills, checks, investment units, futures and options. The stock market is the mechanism that moves money from one sector of the economy to another. What is the purpose of the stock market? The stock market has many uses. It is used by different people with completely different purposes and interests. A total of 3 main groups of applications can be distinguished: Business Entrepreneurs often use the stock exchange for more effective business. So, this is where large companies sell their...
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What are candlestick patterns? Candlestick patterns (models, candlestick patterns) are graphical stock models of technical analysis of Japanese candlesticks, which traders use to predict the reversal or continuation of the trend (trend) on the trading chart of the selected instrument. How are candlestick patterns formed? A candlestick pattern is made up of a series of candlesticks, and each individual candlestick plays a different role in the pattern, together making a pattern which is likely to indicate the movement of the chart. What candlestick patterns are there? Candlestick patterns have different names, which correspond to the appearance of the figure....
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In the master class "Be a trader with iLearney" Nothing is constant in the market: trends replace each other, a period of sharp explosive movement is followed by corrections and consolidations, from which new trends emerge. Not every trader can survive in such a constantly changing, at first sight, chaos of the market. For those trading strategies that show their effectiveness under the preservation of previous conditions, turn out to be ineffective when new circumstances, factors, reasons appear, i.e. when external background changes. Nevertheless, having an idea of the market world in which one has to work, one can choose the most favorable moments for making deals and use them to the maximum....
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Bill Williams "AO" Oscillator Indicator - "AO" stands for "awesome oscillator", i.e. "magic oscillator". This indicator determines the market driving force based on the price value at different time intervals. In fact, Awesome Oscillator indicator is a derivative of the moving average with period 34, built on its middle values, which are later subtracted from the moving average with period 5. The trading signals of the Bill Williams "AO" Oscillator indicator are most often represented by combinations of graphic bars, in the form of the Awesome Oscillator. Read more about Awesome Oscillator
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