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Stepping into the Future: The Role of Technology in Footwear Evolution

Posted by freeamfva on September 19, 2024 at 9:31pm 0 Comments

Stepping into the Future: The Role of Technology in Footwear Evolution



Footwear has come a long way from its humble beginnings as a basic necessity for protecting our feet. Today, technology plays a pivotal role in the evolution of footwear, driving innovation and transforming the industry. This article explores how technological advancements have revolutionized footwear design, production, and functionality, making shoes more than just a fashion statement.



Smart… Continue

The Green Revolution: Sustainable Practices in Luxury Bag Production

Posted by freeamfva on September 19, 2024 at 9:21pm 0 Comments

The Green Revolution: Sustainable Practices in Luxury Bag Production



In the world of fashion, luxury bags have long been symbols of status, craftsmanship, and timeless style. However, as environmental concerns become increasingly pressing, the luxury industry is undergoing a transformation. This article explores how sustainable practices are being integrated into the production of luxury bags, highlighting the efforts of brands to reduce their environmental footprint while… Continue

The Ultimate Guide to Choosing the Perfect Luxury Bag for Every Occasion

Posted by freeamfva on September 19, 2024 at 9:10pm 0 Comments

The Ultimate Guide to Choosing the Perfect Luxury Bag for Every Occasion



In the world of fashion, a luxury bag is more than just an accessory; it’s a statement of style, elegance, and sophistication. Whether you’re attending a formal event, heading to the office, or enjoying a casual day out, the right bag can elevate your entire look. This guide will help you navigate the diverse landscape of luxury bags and choose the perfect one for every occasion.



Understanding… Continue

The Rise of Automation and Robotics in Forklift Technology

Posted by freeamfva on September 19, 2024 at 9:03pm 0 Comments

The Rise of Automation and Robotics in Forklift Technology

The forklift industry is undergoing a significant transformation, driven by rapid advancements in automation and robotics. These technological innovations are reshaping how businesses handle material operations, enhance safety, and improve efficiency. This article explores the key trends and impacts of automation and robotics on the future of forklift trucks.



1. Autonomous Forklifts: The Future of Material… Continue
Pivot Point Calculator


When day trading foreign exchange (forex) rates, position size, or transaction size in units, is more essential than entry and exit points. This means you'll take on too much or not enough risk depending on how big or small your trades will be.To get more news about forex pivot point calculator, you can visit wikifx.com official website.
Using a free Forex position size calculator, you may precisely assess your risk exposure by determining the number of units or lots that your trade will include. Every major currency pair and cross is supported. Input values are sparse, but the ability to fine-tune it to your individual requirements is there.

To get started, simply enter your information in the fields provided and hit the "Calculate" button.
The number of lots you buy or sell, as well as the type and size of lots, significantly affect the size of your position:
1,000 units of a currency make up a “micro lot”
10,000 units of currency make up a “mini lot”
100,000 units of currency make up a “standard lot”
The ideal position size can be calculated through the following formula:
Pips at risk * pip value * lots traded = amount at risk
Consider this example, if you have a $10,000 account and risk 1% of your account on each trade, a $10,000 account with $10,000 in total. Thus, the maximum amount you can risk per trade is $100. At $1.3051, you decide to purchase the EUR/USD pair and set a stop loss at $1.3041. To put it another way, you're risking $1.3041 ($1.3051 – $1.3041 = $0.0001). Each pip movement is worth $1 because you've been trading mini lots.
If you plug those numbers in the formula, you get:
10 * $1 * lots traded = $100
If you divide both sides of the equation by $10, you arrive at:
Lots traded = 10
10 mini lots are equal to one standard lot, you could buy either 10 minis or one standard.
Another example, you're trading mini lots of the EUR/GBP and you decide to buy at $0.9804 and place a stop loss at $0.9794. That again is 10 pips of risk.
10 * $1.22 * lots traded = $100
The $1.22 value comes from the above conversion formula and this number varies in light of the current exchange rate between the US dollar and the British pound. If you divide both sides of the equation by $12.20, you arrive at:
Lots traded = 8.19
As a result, your position size should be eight mini lots and one micro lot. Using this calculation formula and the 1% rule, you'll be able to accurately determine the lot and position sizes in your forex trading journey.

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