Category Archives: Useful Articles

What is a pip in forex trading?

Are you currently learning the ropes in the foreign exchange market? You’ve picked a great place to start trading for several reasons. It’s become the biggest financial market in the world , lots of opportunities to trade 24/7, high liquidity, plus comparatively low entry costs.

The aim of the game is relatively simple too. By trading two currencies, you’ll try to predict if the value of one will increase or decrease compared to the other, based on supply and demand. Plus, it’s easy to get started as a forex trader, with modern platforms allowing you to sign up from your smartphone in minutes.

That being said, it’s still likely you’ll lose out if you don’t do your research. There are several terms and ideas to get to grips with – including ‘pips’. Below we break down this idea and highlight why it’s important you understand it and other core forex concepts.

What is a pip in forex trading?
What is a pip in forex trading?

What is a pip?

You’ll typically see a pip defined as the smallest movement the exchange rate between two currencies can make. Most currency pairs are quoted to the fourth decimal place, with one pip being one positive or negative change in the fourth number after the decimal point. If a currency pair is quoted to the second decimal place, one pip would be an increase or decrease in the second number after the decimal point, and so on.

You may see some pairs quoted in fractional pips, which includes an extra decimal place for more precise pricing. Pips are also sometimes referred to as points because they relate to decimal points.

It’s a simple concept in theory, but knowing what it means in practice will save you any confusion when planning and making your trades.

Why it’s important to understand key trading terms

Almost 1.8 million Brits became day traders for the first time during the pandemic. But while it’s not difficult to see the appeal, you should bear in mind there is significant risk involved if you lack a strong foundation of knowledge before investing your money.

It’s important to understand topics such as pip pricing, as well as trading strategies and how the broader market works. The forex market is heavily driven by the macroeconomic performance of individual countries and investor confidence, which can shift in unexpected ways from one hour to the next.

Success in forex trading requires long-term commitment too, as well as the mental strength to cope with bad results. Sometimes the market will buck the trend and surprise you, and even the most experienced traders regularly lose out.

Still, while forex trading isn’t for everyone, its popularity shows there is success to be had. Now you’ve got to grips with pips, what can you enhance your knowledge of next?

Three Benefits Of Hiring IT Professionals For Your Business

Have you been thinking about hiring an IT professional for your business? If the answer is yes, then why haven’t you done it yet? You should really have already started this process, or already have someone on board. A lot of companies think that not hiring an IT professional is a way for them to save money, but really all you are doing is compromising your business. In this article, we’re going to look at three of the benefits of hiring professional IT personnel for your business, so keep reading if you would like to find out more.

Expert Knowledge

The first benefit that you get when you hire an IT professional is that you gain their expert knowledge. This means that if there is an issue, or if you need advice about anything to do with the tech side of life, they are your go-to person. It’s always handy to have someone who knows what they are doing, and can offer you advice that comes from knowledge rather than guesses or estimations. For example, if you need a little more information about data migration for you to be able to fully understand it, you can talk to your IT team about that. 

You will find their knowledge invaluable, especially with tech becoming more essential to business by the day.

Keep Your Technology In Good Condition

Another benefit of hiring an IT professional for your business is that they will help to keep your technology in good condition. If it needs an update, they will make sure that it gets an update. If it needs clearing out because the hidden files are full of things you don’t need, or the recycling bin is full and it’s starting to slow your devices down, they will take care of this too. Anything that has to do with the maintenance of devices or any kind of tech, and they will be able to help.

Minimal Downtime

The final, and arguably the most important benefit is that you will be able to minimise downtime if there is an issue. What we mean by this is that if one of your systems goes down and this stops the whole business from working, then someone will be on this the second that it happens. If you don’t have an IT professional, then you have to call in someone from the outside world. The more downtime your business has, the more profits that you stand to lose, and this is simply not something that you can afford.

Hopefully, you have found this article helpful, and now see some of the benefits of hiring an IT professional for your business. We highly recommend that you do this if you run a small business, because if you don’t and something goes wrong, you could be waiting hours, or even days for someone to be available to help you. Don’t let your business have this much downtime as you stand to lose a lot. Good luck, and make sure you get someone on your team ASAP.

Top Tips for Travelling with Tech

No matter where you go you will always see other people using all modes of technology. You’ll even be using it yourself to board your plane, book your accommodation, even pay your bills while you’re away with stored credit card details. You are likely going to bring your phone with you, your tablet, and the chances are high that you’re going to bring a high-tech camera wherever you go. While it’s a nice idea that you can go on holiday and leave your technology at home, it’s not always practical.

Top Tips for Travelling with Tech
Top Tips for Travelling with Tech

The thing is, if you are travelling with technology, you need to make sure that you can keep it safe. It’s always useful to have technology on hand if you’re in a new place. Using a mapbox matrix API to be able to plan your day-to-day route when you’re travelling around a new place is helpful, but if your phone gets stolen what are you supposed to do? Electronic devices can be very useful, but you have to charge them and keep them with you at all times so that you can travel safely. Here are some of the things that you need to know about travelling with technology.

  • You’re going to need mobile phone signals and Internet access. There is no use in carrying your technology with you if you can’t connect to anything. If you’re using digital cameras to video your holiday, you want to be able to plug it into your laptop and send your videos or blogs over the airwaves. There’s no point in bringing electronic devices if you can’t connect to the Internet, so prepare for using your mobile phone abroad, your tablet and your laptop on your trip and research connectivity before you go.
  • Check your Internet security. If you’re bringing your technology into foreign places that have a Wi-Fi connection, you’re putting yourself at risk. You should never use a public Wi-Fi if you want to keep the information on your phone, your tablet, your laptop and even your camera safe. Public Wi-Fi does not protect you from being hacked, and anybody nearby with the appropriate equipment can log into any of your devices and steal your information. The best thing you can do here is to set up a trip-only email address to use while you travel, and arm yourself with a VPN.
  • Plan ahead for airport security. No matter what technology you are travelling with, you will have to take it out of your bag and scan it through security so that the airline can see what’s going on before you get on the plane. Security screeners have to examine your computer to make sure that there’s nothing on it that’s dangerous. Take everything out of the cases and make sure that you can grab them swiftly from your bags and leave them out onto the security belt.
  • Don’t forget to insure it. Insurance is important if you’re bringing technology with you on holiday. If it gets stolen or lost, you want to be able to claim on said insurance. Standard travel insurance and device cover should help.

 

4 Benefits You Gain From Having Fast Broadband

If you’ve been on your broadband deal for a long time, you might be wondering what it is exactly that you’re missing out on by not having a new and fast broadband package. There’s plenty to be gained from fast broadband, and it’s becoming the new standard for households that rely on technology often. If you’re not using your TV or the internet in your home, then you’ve little to gain from upgrading your broadband, but for those who are often online – a fast broadband package has every benefit for you to gain.

4 Benefits You Gain From Having Fast Broadband
4 Benefits You Gain From Having Fast Broadband
Easier working from home

In the past few years, we’ve seen more and more people working from home, and it’s becoming quite common practice for many previously office jobs. Of course, there are still those that would prefer to attend the workplace, but working from home has proven more than comfortable for many people. Without fast broadband, working from home can take even more time than it needs to. Being hindered by slow internet speeds is not something you want, and if you spend a lot of time browsing, downloading, and uploading while you’re working – you’re going to feel the effects of a slow internet speed.

Great for the family

Households with more than one person can be quite straining on your internet allowance, and without a fast internet package, you’re not going to be getting the full potential of your broadband. Having too many people on a slow internet speed and bandwidth is going to cause everyone else’s in the house to be slow too. Homes with a lot of phones, computers, consoles, or TVs can be very intensive, and even apps like Netflix can disrupt the internet causing everything to lag and slow down. If you often experience buffering or pauses mid-way through what you’re watching on TV, this is why.

More technology

Homes with slow broadband packages can’t support many pieces of tech that are connected to the internet. Because of this, you might be put off buying newer pieces of technology. The slowness and waiting around that you get from older packages can be tedious, and no one would want more of that for even more money. If you want to see some of the best deals available, you should check out this full fibre 500 broadband package – a broadband deal that won’t ever let you down.

Never miss out

When you’re trying to catch things live, it can be difficult to get a steady stream as a result of slow broadband. For those of you who enjoy watching live sports games, then this is something that you should be concerned about. Having your TV slow down for even a few moments can cause you to miss something crucial, which isn’t necessary to deal with.

Even if your package is old, most providers often update their packages with the prices. That means that you’re not always going to have to pay more for an updated deal. Old deals tend to remain at their price until you change it to a newer one.

A guide to buying an air compressor

An air compressor is a vital piece of equipment in several industries and for everyday use. Broadly speaking, they are used for inflating tires, spray painting, pressure washers, controlling water fountains, cooling, paintball, engines, health, agriculture, manufacturing, tools, and in construction. So, if you’re looking to purchase an air compressor, it’s likely that you will need it for a different reason than the next person. Therefore, it is important to do your research, so you buy the correct air compressor for you. Here is our handy guide to help you out.

How do they work?

Although the use of these appliances range from industrial work to at-home DIY, the most commonly used type of air compressor is a single-stage, piston-type model. The air is compressed into a tank via an electric motor or gasoline engine which drives a piston, confining the air inside the enclosed space. As more air enters the tank, the pressure of the air inside begins to rise and will reach a standstill once a specific level is met with the help of a pressure switch. So, when you release the compressed air for its designated use, the mechanism will once again start working to build the pressure back up. Alternatively, a two-stage, piston-type model will feature two pistons which help compress the air further, which makes them more suitable for large-scale industrial use where high quantities of compressed air is needed.

You now probably understand the gist of how air compressors work, and whether a single or dual system will be suitable for you depending on the scale you will use the compressor. However, there are still a multitude of different models for different industries and specific uses.

What are the different types?

If you are purchasing an air compressor for permanent usage, you are likely to invest in a stationary air compressor, which is large and used to yielding high levels of power so is suitable for regular and prolonged use. However, if you are looking for a versatile model which you can move from workstation to workstation, a portable air compressor may be the right option for you. These come in a variety of designs. This includes a “Wheelbarrow compressor” which consists of two tanks on wheels for easy transportation, a “Twin-stack compressor” which sees two tanks stacked vertically on top of one another to maximise floor space, the “Hot dog” style which consists of a single tank, and finally a “Pancake compressor”, made up of flat storage tanks as opposed to a cylindrical one.

When making a final decision on what air compressor to buy, ensure you do sufficient research, so you don’t regret your purchase. Consider the size needed, the industry it is needed for, and whether the level of air pressure within your compressor is compatible with the tools you want to power if doing so. You may also consider the motor power and whether it is powered by diesel or petrol. Hopefully, this guide has shed some light on how to get the ball rolling with your search for the perfect air compressor – good luck with your search!

Best TVs for those on a Budget

TV’s have become a staple item for every household and with the average British adult consuming over 2 hours of TV a day last November alone, it is evident that televisions aren’t going to be losing their popularity any time soon.

Gone are the days where TVs cost a fortune to purchase. With advances in technology, TVs are evolving all the time which has caused the new models to become more desirable and the older ones to depreciate which makes for a wonderful price for your new TV.

With this in mind, you’ll need to know what TVs are available on a budget for you and which one you should ultimately go for. Here are our top TVs for any budget.

Toshiba 50UK3163DB
Toshiba 50UK3163DB

Toshiba 50UK3163DB

This 50 inch LCD TV is a great choice for any household. Offering you a 4K HDR picture, watching anything from the likes of blockbuster movies to the news will be crisp and clear making your TV watching experience all the more rewarding.

As well as this, this television includes three HDMI inputs which makes hooking multiple gaming consoles like the PlayStation 5 or Nintendo Switch easy; why choose between which ones you have plugged in when you can plug them all in making for easy switching between consoles.

If 50 inch isn’t the size for you then the Toshiba 50UK3163DB can also be purchased at 43in, 58in and 65in.

Samsung UE43AU7100
Samsung UE43AU7100

Samsung UE43AU7100

Samsung is notorious for making beautiful technological creations but this might be one of their best. This LCD television comes in eight sizes from 43in to 85in so depending on your budget, there’s plenty of room to choose from.

Displaying a 4K picture with a Tizen operating system, this Samsung television is one of the best budget TV’s that money can buy. Coming in comfortably under £500 for the 43-inch model, this TV will bring any room to life with crisp imagery on anything you watch.

TCL 55RP620K
TCL 55RP620K

TCL 55RP620K

If you’re wanting a TV that is smarter than most then look no further than this TCL television. Fitted with an incredible smart platform, this TV is easy to navigate making it suitable for families of a range of ages sharing the TV.

The TCL 55RP620K tackles complex colours on screen expertly well displaying them to the viewer to watch on in awe of what they are witnessing. Bring your favourite films and TV shows to life on a budget with this magnificent TV.

Getting TV’s on a budget is a fantastic way to save money but there is more than you can do to bring the cost down further. Use things like employee benefits to get an added discount on your budget TV. For example, people who work for the NHS have access to the Currys NHS discount as a perk for working there. Many companies will have a benefits scheme of their own so check with yours today and start saving.