Understand Foreign Currency Trading in Detail

Forex trading or foreign currency trading refers to a transaction in the Forex market involving the purchase and sale of different currencies. You don’t need to be a specialist or possess degrees to trade in foreign currency. It is fairly simple to understand and learn foreign currency trading.Let us start by understanding who the players are in this trading. Foreign currency trading is done between and among major financial institutions, central banks, retail currency traders or speculators, large international companies, government institutions, companies with overseas operations and the like.Trading in stock market is regulated by central exchanges. In foreign currency trade transaction is carried out at the Inter bank Market, which is also regarded as an OTC Market. The trade transaction is directly done between two counterparts over global electronic network. The main Trading centers of the world are Sydney, Tokyo, London, Frankfurt and New York operating 24 hours a day. Foreign currency trading begins each day in Sydney, and moves around the globe by moving to Tokyo, London, and New York. This offers flexibility to investors to take advantage of currency movements that are often caused by political, economic or social causes any time of the day.Anyone who intends to learn foreign currency trading with the goal of making profits in the market must understand the importance of tracking and analyzing price movement of foreign currencies. Various currencies of the world are given a three-letter code to be used in forex trading. Foreign currency trading always involves currency pairs, which basically is the exchange rate of one currency over another. The commonly traded currency pairs are GBP/USD, EUR/USD, USD/JPY, USD/CHF, AUD/USDHow does one actually book profits in forex trading?The thumb rule remains the same as any other product – buy low and sell high. To give an example a trader may decide to buy EUR and sell USD. Simultaneously he may buy USD and sell AUD. This buying and selling in Forex terminology is referred to as the trader going long or short respectively. In each currency pair the first currency is the base currency and the second one is referred to as the counter or quote currency.Another set of unique terminologies that you will come across frequently when you learn foreign currency trading is Bid and Ask price or spread. Bid price is the price at which a broker is willing to buy and ask price is the price at which the broker is willing to sell. Therefore Bid price is the price at which a trader should sell and ask the price at which a trader should buy.Forex trading is fairly simple to learn and you don’t need to be a genius to make profits in the Forex market. You have the choice of selecting the pair of currencies that you wish to trade in the, the size of the transaction and the price at which you wish to trade. Irrespective of the currency rate movements you can decide to buy or sell. And then again physical possession of the currency is not required to perform the transaction – you perform your trade transaction to buy one and sell other one to one.Before you actually commence trading it is however very crucial that you learn and understand the concepts of foreign currency trading clearly. You can make use of a number of online services available to assist you. Understanding Forex trading systems, the market psychology and managing risk will go a long way in determining your success in this market.

Hotels Near the Mississippi River

The Mississippi River is a very large river system that passes through different states in the US. It is one of the more renowned attractions throughout the world. The area is suitable for a lot of exciting outdoor activities like biking, wakeboarding, jogging and bird watching among others. Aside from the parks, attractions and other river systems that go through it, there are many hotel options that will make the tourist’s stay more satisfying.Hotels near the Mississippi River in Dubuque Iowa
Here are some of the best accommodations in Dubuque, Iowa:Grand Harbor Resort and Waterpark
This hotel is located at 350 Bell Street Dubuque, IA 52001. It is a 3-star accommodation that starts at $136 per night. Each room at this hotel has a 27 inch TV, wireless Internet, mini refrigerator, coffee maker and microwave as well as a hair dryer, 2-line speaker phone with voice mail and data port. They also have irons with ironing boards, game consoles, pay-per-view movies, room service and a fitness center. Their accommodations include a King room, Double room, Junior King Suite, Junior Double Suite, Turret Suite, Harbor View Site, Captains Fireplace Suite, Single and Double rooms.Holiday Inn Dubuque
This pet-friendly hotel is located at 450 Main Street Dubuque, IA 52001. Nightly rates start at $114. It is a 3-star accommodation with a total of 193 rooms in its 5 floors. They renovated last 2004.Amenities and facilities include a business center, free parking, fitness center with new equipments like treadmills, stationary bikes, stair steppers, benches, dumbells and a scale. The hotel also feature room service, a swimming pool, spa with whirlpool, daily and weekly housekeeping as well as dry cleaning services, an indoor pool, news stand and game rooms. For business travelers, the hotel has a business center equipped with PCs, fax machines, printers, secretarial services and wireless Internet access.Canfield Hotel
This hotel is located at 36 West 4th Street Dubuque, IA 52001. It is a budget-friendly hotel that offers guests with amenities like complimentary breakfast, parking, Internet access, telephone, alarm clock and comfortable beddings.Julien Inn
This hotel is located at 200 Main Street Dubuque, IA 52001. The nightly rate at this hotel starts at $89. It is situated along downtown Dubuque by Second and Main streets.Julien Inn has a total of 135 guest rooms. It also has a huge banquet area and an onsite restaurant, Alta Glocke. Other amenities and facilities include an alarm clock, Internet access, soft beddings, private bath, hair dryer and telephone among others.The hotel also has a long and interesting history. Julien Inn was first known as Waples House. It is recognized for its extravagant furnishings and fine dining. When the hotel’s name was changed to Julien Inn, they enlarged and refurbished it.Prominent figures that supposedly stayed in this hotel includes Abraham Lincoln, Al Capone (believed to be the owner of this hotel during his time) and Sylvester Stallone. After Al Capone, Louis Pfohl purchased and remodeled the hotel. Then, ownership changed and it is now Fisher Companies who owns the hotel.Again, further renovation is on the way for Julien Inn, with the intention of bringing back the original appearance and renovating its exteriors. It is still ongoing but after this, it will now be called Hotel Hulien Dubuque.

Brainstorming The Ideas for Influencing Your Mobile App Audience

Once the app is downloaded, you have little time to take a sigh of relief, and then again start focusing on making things easier for the them till their goal is achieved.

According to the AppsFlyer, an app marketing company, the global uninstall rate for apps after 30 days is 28%. Entertainment apps are most frequently deleted, whereas apps based on Finance is least frequently deleted. No matter which app category you belong to, your strategy should be to remain in the mobile phones of users for a long time, and not just sit around but to fulfill your purpose as well.

If we analyze the encounters of users with an app step by step, it can help us unveil the critical factors that influence mobile app audiences, so that we can work upon those and achieve our purpose. Here are the details:

Step1. Finding Your App in Appstore

For this, we have to first find out what exactly users type to search an app. Based on a research, it has been found that 47% app users on iOS confirmed that they found the app through the App Store’s search engine and 53% app users on Android confirmed the same.

What have been their search queries? Interestingly, as the per the data provided by the TUNE research, 86% of the top 100 keywords were brands.With little scope for non-branded categories, most of the keywords were either of games of utility apps. Common keywords in the non branded category are: games, free games, VPN, calculator, music, photo editor, and weather.

Leaving brands aside, if we analyze the user-type of a Non-branded category, we will get two types of users:

1. Users are informed, and they know what they are search

2. Users are exploring possibilities, have no precise information in mind.

If you are a mobile app development company, targeting non-branded users, then your efforts must be directed to creating apps that compel these two types of users. To do so, we have to analyze once they are on an app store, what keywords they use to search. Regina Leuwer, with expertise in marketing & communications, bring some light to the subject. She reached out Sebastian Knopp, creator of app store search intelligence tool appkeywords, who shared with her the data of unique trending search phrases. And according to that data, in 2017, there were around 2,455 unique search phrases trending in the US.

Now, if we study these data to get information, we will find that name of the app is critical to attract the attention of the users.

If your app belongs to non-branded category, then make sure your app name is similar to the common search queries but also unique in comparison with your competitors. So that when your app name is flashed, they click it on to it, finding it purposeful and compelling both.

Step 2. Installation

Remember your users are on mobile devices has limited resources, from battery to storage and RAM to Internet. Everything is limited. So better create an application that is easy to download or say get downloaded with 5 minutes. One critical advice here:

1. Keep the application file size small.

If you are a developer, use APK Analyser to find out which part of the application is consuming maximum space. You can also reduce classes.dex file and res folder that contains images, raw files, and XML.

Step 3. Onboarding

After the user has successfully downloaded your mobile application, don’t leave anything on assumptions. Guide them properly. This you can do through an onboarding process, where users can learn the key functionality and where to begin with the mobile app. Below are the 3 things you need to keep in your mind when creating an onboarding process for your users.

Short and Crisp: The entire guidance of features and functions should be completed within few seconds, with easy options loud and clear option to skip.

Precise Information: Don’t introduce them to the app. They already know what they have downloaded. The objective to inform about the key functions and features.

Allow Users to Skip: Let the tech-savvy users skip the intro. Your app is to meet their requirement and not to have a friendly session.

Step 4. Purpose and UI
Here, the stage is set for your app and it is the golden chance for you to impress your users. What is needed here is the collaboration between purpose and UI of the app. It totally depends on the problem-solving capability and ease of use of the mobile app. Interface design plays the critical role, allowing the users to access features of the apps easily and quickly to perform the task for what they have downloaded the app. When it comes to interface design, make sure that the design is interactive and task-oriented. Here are some factors that you must take care off while creating mobile app interface:

1. Usability: The Mobile phone is an epitome of convenience and if your users find it difficult to use your app, then there is no way there are going to make the space for it in their mobile phones. From screen size to the color of the app, there are many factors that are equally critical and need attention.

2. Intuitive: To create an intuitive User Interface, you have to read the mind of the users, and develop a model based on that. The next should be precise, clear and ‘obvious’ in an interface.

3. Availability: Key features should be hidden in the drop down menu or even if so, it should be obvious for the user to look into the drop-down. An intricate work of design and research is required to make essential features available for the customers and they don’t need to navigate here and there.

If you need more help with the user-interface and innovative ideas for a mobile app, write to me [email protected] and I promise to get back to you with interesting mobile app designs.