Will U.S. Natural Gas Production Increase in 2017?

Will U.S. Natural Gas Production Increase in 2017?

According to the U.S. Energy Information Administration, last year American consumption of natural gas reached 75.1 billion cubic feet per day (Bcf/d). This rate is expected to increase by 0.4% by the end of 2017, and 2% by the end of 2018. The main drivers of this increased demand were, of course, the power generation companies and industrial sectors, due to residential and commercial heating expenses rising because of colder winter temperatures. These sectors will also account for the biggest projected increases in consumption in 2017, with an expected rise of 6% in residential usage, and 5.2% in commercial consumption. The outlook for 2018, closely mirrors the forecast for this year. In the industrial sector, including fertilisers and chemicals production, consumption is expected to increase by 0.6% in 2017, and by 1.9% in 2018. Electric power consumption by factories should go down by 4.4% this year, but experts anticipate an increase of 2.7% next year. In 2016, U.S. production of natural gas reached 72.4 Bcf/d, with Mexico serving as the prime export destination. Even though Mexico is among the world’s largest producers of natural gas, domestic production hasn’t been able to calm the booming demand in the past few years. In fact, the 21.7% rise in natural gas exports from the U.S. in 2016, was mainly due to higher exports to Mexico. Late last year the EIA said that these exports would almost double by 2018. However, the above projection might need to be significantly lowered. Pipeline companies such as Kinder Morgan and ONEOK Partners could have cause to worry that if President Trump slaps punitive tariffs on Mexican imports,...
Top 20 Forex Trading Mistakes

Top 20 Forex Trading Mistakes

Introduction Forex is regarded as the largest and most profitable online platform for financial trading. One can spot hundreds and thousands of investors but only a handful of successful ones while the rest of them are fighting hard to survive in the market. It is a very melancholic fact that the path of becoming a successful trader is a very difficult task and there are no direct ways to achieve this feast. Traders are often clouded with their own emotions when trading any asset and as a result of which they have to bite the dust. The problems new traders are facing in the FX trading are more or less similar to the ones faced by the traders a decade earlier. The reason is quite simple … irrespective of the advancement in technology or innovation; human beings are still human at heart. Emotions get in their way which blocks their intelligence and hence trader concerned is unable to make the correct decision. This particular blog will throw light at top 20 trading mistakes made by the traders while placing a trade in the Forex market. One should follow the mistakes seriously and make sure that they don’t such follies in the future. Successful implementation will keep losses at bay and help one become a successful trader in due course of time. As a potential trader, you are advised to have a proper look at the potential problems people make while executing the trade. The top 20 Forex trading mistakes are discussed under the following headings: Not Maintaining Proper Discipline: Trading is an art and it is important one should be disciplined...
Can You Make Money Trading Forex

Can You Make Money Trading Forex

Introduction Undoubtedly Forex brings a financial opportunity to the traders because it is the biggest market hub at the present moment. So anyone asking “Can you make money trading Forex” should know the simple answer which is a big YES! However, the answer to the above question needs a deep explanation because it is a very complex question in nature. Figure Does Not Matter in Forex Industry Every day approximately 3 trillion dollars change hands in the Forex industry and this number can mislead you. One should know that a huge part of this money figure is actually regular currency exchanging which is done by blue chip companies or any individual who is travelling to a foreign destination. Hence, the money is not directly available to the traders at the first place. Another important thing one should be aware of that there is multiple trades taking place in the Forex market at a given time. These trades add up to this enormous daily volume which the market has at the moment. So it is not possible on the part of any person to take part in all these trading and hence, the three trillion dollars figure does not sound appropriate actually because it does not have any personal bearings. But having said so, one should know that Forex has a huge potential to offer the traders and one should exploit every opportunity available to them. But there are few things one should keep in mind and they are discussed below under the following headings: The market offers a stiff competition and no matter if you are an experienced trader,...
How to Select the Best Forex Broker

How to Select the Best Forex Broker

Introduction Forex is the largest financial market in the world where every day around 3 trillion $(USD) changes hand on a daily basis. Since there is no any predefined marketplace in this marketplace, hence one needs to take the help of a broker if they wish to start their own trading career. In the recent times, a large number of brokers mushroom in the market so as to provide the best assistance to the broker. In this blog, we will throw light in selecting the ideal Forex broker for your trading and how to give a jump start to your overall trading career. 6 Factors to Consider before Opting for Forex Broker With so many brokers out there, how would a newbie trader select the best one? The chances are that they would not be able to start off things but you need not have to worry. We are here to help you out and with our dedicated approach, you will be able to find the most suitable brokers as per your needs. Before you start reviewing the broker, there are few factors you need to pay attention and the same are discussed under the following headings: Make sure that the broker is registered with some good and authentic authorities like for instance CFTC, CySec or NFC. In the event if the broker is non-US based, then make sure it is regulated by “Financial Service Authority”. In the event, if the broker is not a registered one, there are chances that it can be an illegitimate one and you should not trust them at any costs. Is the broker able to provide fixed or...
Elliott Wave Theory

Elliott Wave Theory

“Elliott Wave Theory” was developed by “Ralph Nelson Elliott” in the early 1920’s. Elliott has focused on and analysed the interaction of up and down price movements with social psychology and named these movements as “Wave”. Ralph Nelson Elliott has found out that factors which are the results of community psychology and external effects, cause stocks’ prices to repeat their movements in a specific circuit. Elliott has set up his work based on “Dow Theory” and explored the stocks volatility in the fractal structure of nature. Accordingly, he defined the price movements as “In-term Waves”. There is a significant advantage of learning “Elliott Wave Theory” in Forex Trading for the traders. A Forex trader may foresee the markets’ trends with an adequate knowledge of “Elliott Wave Theory” and experience it with the aid of enough Forex education. In general; Elliott Wave Theory proceeds in the reverse order to increasing and decreasing trends of the market prices. Price patterns move from one side to another as a result of breaking in a channel. On the other hand, they make a correction. Prices signal for the main target of trends. Ralph Nelson Elliott and the analysts believe that Elliott Wave Theory has some correlation with human psychology. And they do assume that human beings’ instant psychological acts reflect the markets as waves. Besides, “Wave Principles” were published in order to deeply understand Elliott Wave Theory. “5-Wave Model” informs about the major trend. This model can be briefly explained as below: In the “1st Wave” ; analysts assume that the old trend still continues and organise their revenues based on low assumptions....
Ichimoku Trading

Ichimoku Trading

Ichimoku Kinko Hyo oscillator trend analysis method or simply “Ichimoku” Forex & Binary Options trading observation method was found by a Japanese journalist “Hosada Goichi” in 1960’s. The main usage of this analysis technique is for clarifying the trend and price movements. When trading Forex with the aid of Ichimoku Kinko Hyo graphs, the most important thing is selecting the most appropriate time intervals. The most effective time intervals which were obtained by the experts are 9 and 26 daily periods. And most of the serious investors prefer these intervals. But please note that above optimum time intervals can be manually modified according to the characteristics of the traded currency pair. Our recommendation for the traders is to perceive the parity changes in accordance with the markets’ general vision and select the interval accordingly. This will be an advantageous strategy for making the parallel observations with the market players. In our technical analysis which is explained below, we will use the common interval of 9 and 26 daily intervals. Before we continue with Ichi Moku Kinko Hyo oscillator’s technical details and commenting methods, let us share the basic terms which are being used in the graphical display above. These technical displays are ; Kijun Sen : 26 days period moving averages. Tekan Sen : 9 days period moving averages. Up Kumo : It works like a moving average of Kijun Sen. Measurement method of this graph : Moving average values of Kijun Sen and Tekan Sen are added and the result will be divided by 2. Then the results will be shifted forward with the amount equaling to the...
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