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The Ins and Outs of the Swing Trading Strategy

The Ins and Outs of the Swing Trading Strategy

Swing traders maintain their positions for more than one day. However, they generally do not maintain them for periods that exceed three weeks or so. That time limitation is the reason that swing trading differs from standard buy-and-hold investment techniques.

The Swing Trading Process

The process behind swing trading is relatively simple. If you want to swing trade, you purchase stocks and then sell them quickly after. You may sell the stocks merely days after you first bought them. You may do so even quicker than that if you choose.

The objective of swing trading is to achieve a bigger price change than is realistic within the span of a single day. These kinds of trades generally depend on charts that cover longer periods of time whether 15 minutes, an hour, a day or even a week. Swing trading differs from day trading on T1Markets in that it requires the trader to keep the stocks for a minimum of a single night.

The Numerous Advantages of Swing Trading

There are quite a few advantages associated with swing trading.

People who swing trade tend to have better control over risk. This is the result of marketing timing.

Swing trading also gives traders the gift of additional flexibility. If a trader wants to make the most of short-lived technical patterns, for example, swing trading may be a suitable technique for him.

Swing trading is also advantageous because it’s centred around in-depth technical assessments. These assessments are effective because stock selection usually revolves around volume patterns and existing prices.

Trump’s Re-Election Could Up Odds of War with Iran: Ex-Diplomat

Trump’s Re-Election Could Up Odds of War with Iran

The Democrats or the Republicans: Whose presence in the White House would be beneficial for Iran-US relations?

This question has been raised in Iran every four years since the victory of the 1979 Islamic Revolution of Iran, and, of course, this time around, the nature of that question has become different.

Joe Biden or Donald Trump: Whose victory would exacerbate animosity between Tehran and Washington or ease tensions between the two sides?

Former Iranian nuclear negotiator and a Princeton University research scholar, Hossein Mousavian has been present in Iran’s political arena in the past decades. He is a former diplomat privy to the details of Iran’s nuclear dossier and how the West sought to turn it into a crisis. He also used to be Iran’s ambassador to Germany at a time when Iran was going through its most sensitive days.

In an interview with Iranian daily newspaper Etemad, he has weighed in on US politics and how events will unfold if any of the US presidential candidates is elected to the White House. The highlights of his comments follow.

“First, many in Washington believe that conservatives, reformists and moderates in Iran are different from one another. I believe the Democrats and Republicans in the United States as well as the two [main] political factions in Iran have common ground on the national interests of their countries; they are just noticeably different when it comes to strategies and tactics to secure the interests of their countries,” said Mousavian.

“Second, during the first tenure of [President] Barack Obama, international sanctions were imposed on Iran by consensus for the first time. Iran refused to implement a resolution of the International Atomic Energy Agency (IAEA) on the suspension of uranium enrichment, which resulted in Iran’s nuclear case being sent to the UN Security Council, which issued a resolution against Iran,” Mousavian added.

“Again, Iran refused to implement the UN Security Council resolution, and the council issued yet another resolution, and this trend continued until the end of the presidency of Mahmoud Ahmadinejad,” he noted.

“At that time, resolutions were adopted against Iran at the UN Security Council not by the United States alone, but by Russia, China and Europe as well,” he said.

“Moreover, Barack Obama was not as strict as Donald Trump when it came to the enforcement of sanctions abroad,” he said.

“The toughest sanctions in Iran-US relations were imposed during the Trump era,” he said.

Mousavian underlined the designation of Iran’s Islamic Revolution Guards Corps (IRGC) as a terror group and putting sanctions on Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei was among the unprecedented vicious moves by Trump in relations between the two countries.

“Third, people who come to power in the two political factions of Iran and the US are important and influential. Among US Republicans are individuals such as John Bolton, who seeks to launch a military attack against Iran to make the country collapse. There are also people like Senator Rand Paul, who supports the JCPOA and engagement with Iran. It is important what type of personality and with what team will assume presidency in the US,” he said.

“If course, the same thing applies to Iran, but it is not as important as the US because president is the No.-1 official in the United States, but in Iran the head of state is the Leader,” he added.

“During the first tenure of President Obama, Secretary of State Hilary Clinton and the special Middle East coordinator Dennis Ross were on the UN Security Council and they were very close to Zionists. In Tehran, too, then President Mahmoud Ahmadinejad was very radical during his first tenure. Under those circumstances, chances of reaching an agreement diminished. However, during the second term of Obama’s presidency, John Kerry was the secretary of state, and Robert Malley served at the US National Security Council. They both had a more moderate position on Iran and the issue of Palestine. In Iran, Hassan Rouhani was the president, and Mohammad Javad Zarif was the foreign minister. So, ground was more prepared for reaching a deal.

“The cult of personality that Trump has, coupled with his unpredictability on the one hand, and the power that his son-in-law Jared Kushner has at the White House with regard to adopting Washington’s Middle East policies and anti-Iran positions on the other, are among the major dangers of Trump’s continued presidency. If this situation continues [and Trump remains president], it could lead to a military confrontation,” he said.

“Today, both political factions in Iran and the international community accept that the US has got engaged in a full-scale political, economic and security war with Iran. The US military attack on the car carrying general Soleimani, Iran’s [retaliatory] military attack on the US base [in Iraq] and Iran’s downing of a US drone are among the practical signs of temporary clashes between the two countries, which have been unprecedented in the forty years of their relations,” he said.

“Trump favours a deal, not war; however, the lobby comprising US neoconservatives, Zionists and Takfiri Arabs will keep pressuring Trump to drag him into the trap of war,” he noted.

“Their minimum achievement would be they will both ratchet up maximum pressure and at the same time block the conclusion of a possible deal with Iran,” he noted.

“This comes as Biden really returns to the JCPOA without any preconditions, it will be a big deal!” he said.

Mousavian concluded by saying that even if Biden becomes president, one should bear in mind that Israel’s interests have been the central plank of the United States’ Middle East policy over the past few decades, “and this policy will remain in place for now, whether Democrats are at the helm or Republicans.”

He added another point which will not change whether Trump or Biden becomes president is that “the US seeks to change the ruling system in Iran while Iran seeks to expel the US from the region.”

Iran’s Envoy Meets Azeri President in Baku Before Visiting Moscow

Iran’s Envoy Meets Azeri President in Baku Before Visiting Moscow

In the meeting, Araqchi presented to the Azeri president Iran’s initiative to help end hostilities between the Azerbaijan Republic and Armenia in the Nagorno-Karabakh region.

“Today, in a lengthy, positive and constructive meeting, I submitted to Mr. Ilham Aliyev, the president of the Azerbaijan Republic, Iran’s regional plan to help put an end to the Nagorno-Karabakh conflict,” said Araqchi in a tweet after his meeting with Aliyev on Wednesday.

As Iran’s special envoy, Araqchi arrived in Baku early Wednesday, October 28, 2020, to help settle the Nagorno-Karabakh crisis and the conflict between the Azerbaijan Republic and Armenia.

“This trip is a whistle-stop tour of the countries which are influential in putting an end to the recent clashes between the Azerbaijan Republic and Armenia,” said Araqchi of his trip.

“The main purpose of this visit is to offer Iran’s initiative to resolve this conflict and establish lasting peace between Armenia and the Azerbaijan Republic, and in the whole region, for that matter,” he said.

“The framework of this initiative is ready and will be discussed with Azeri officials, and this plan can, in several stages, establish lasting peace and put an end to the existing differences and, of course, the occupation of the Azerbaijan Republic.

Later in the day Araqchi left Baku for the Russian capital, Moscow.

Upon arrival in Moscow, he told reporters that the differences between Baku and Yerevan have not been settled in three decades.

‘The Minsk Group created [in 1992] by the Conference on Security and Cooperation in Europe (CSCE), now Organization for Security and Cooperation in Europe (OSCE)) failed to resolve divisions between Azerbaijan and Armenia in 30 years, and Iran, with its initiative, seeks to end differences between Baku and Yerevan through regional cooperation,” Araqch added.

“Now, three rounds of ceasefire have been proposed by different countries and have been established, but were almost immediately violated,” he noted.

“In Iran’s plan, ceasefire is viewed through a pragmatic perspective, … and that’s why it has been welcomed by the Azeri side,” he added.

Araqchi’s trip will also take him to Yerevan and Ankara.

Ayatollah Khamenei Raps French President’s Insult to Prophet of Islam

Ayatollah Khamenei Raps French President’s Insult to Prophet of Islam

In a post released on the Twitter account of Khamenei.ir on Wednesday, the Leader asked the young people of France two questions after French President Emmanuel Macron voiced support for satirical outlets publishing caricatures of Prophet Muhammad (PBUH).

“In His Name; Young French people! Ask your President why he supports insulting God’s Messenger in the name of freedom of expression. Does freedom of expression mean insulting, especially a sacred personage? Isn’t this stupid act an insult to the reason of the people who elected him?” Ayatollah Khamenei asked.

“The next question to ask is: why is it a crime to raise doubts about the Holocaust? Why should anyone who writes about such doubts be imprisoned while insulting the Prophet (PBUH) is allowed?” the Leader added.

Earlier this month, Macron pledged to fight “Islamist separatism”, which he said was threatening to take control in some Muslim communities around France.

He also described Islam as a religion “in crisis” worldwide and said the government would present a bill in December to strengthen a 1905 law that officially separated church and state in France.

His comments, in addition to his backing of satirical outlets publishing caricatures of the Prophet of Islam, have drawn widespread condemnation from Muslims across the world.

Iran Reports Record-High Daily Rise in Its COVID-19 Fatalities

Iran Reports Record-High Daily Rise in Its COVID-19 Fatalities

In her press briefing on Wednesday, Health Ministry spokeswoman Sima-Sadat Lari reported 6,824 new cases of COVID-19 infection, raising the total number of cases to 558,648.

So far, she added, 467,917 patients have recovered from the disease or been discharged from the hospital.

Lari said 5,012 patients are also in critical conditions caused by more severe infection.

The spokeswoman noted that 4,821,681 COVID-19 tests have been taken across the country so far.

She said the high-risk “red” zones include Tehran, Qom, Mazandaran, East Azarbaijan, Isfahan, Yazd, Ardabil, Khorasan Razavi, Khuzestan, Hamadan, West Azarbaijan, Bushehr, Chaharmahal and Bakhtiari, Kohgiluyeh and Boyer-Ahmad, Alborz, Lorestan, Markazi, Ilam, South Khorasan, Kermanshah, North Khorasan, Semnan, Gilan, Zanjan, Qazvin, Kurdistan, and Kerman provinces.
The “orange” and “yellow” zones also include Golestan, Hormozgan, Fars, and Sistan-and-Baluchestan provinces, she added.

A Look at Iranian Newspaper Front Pages on October 28

Iranian Newspapers

Iranian Newspapers

Abrar Newspaper:

1- Gov’t Spokesman: It Makes No Difference to Iran Who’ll Win US Elections

2- French Envoy Summoned to Iran’s Foreign Ministry

A Look at Iranian Newspaper Front Pages on October 28


 

Afkar Newspaper:

1- US, Israel Plot to Besiege Iran to End Up in Bigger Failure: Official

A Look at Iranian Newspaper Front Pages on October 28


 

Aftab-e Yazd Newspaper:

1- Why Zangeneh? US Move to Ban Iran’s Oil Minister Widely Covered in World

2- JCPOA in Biden’s Time

A Look at Iranian Newspaper Front Pages on October 28


 

Arman-e Melli Newspaper:

1- Iran Has Nothing to Do with US Elections: Spokesman

A Look at Iranian Newspaper Front Pages on October 28


 

Ebtekar Newspaper:

1- Level of Iran-US Conflict Changed

2- Unknown Virus May Be Involved in Death of Migratory Birds

* Will We See Mass Deaths of Birds in Iran’s Gorgan Gulf Again?

A Look at Iranian Newspaper Front Pages on October 28


 

Etemad Newspaper:

1- Eight Iranians Listed among 1,000 Top Artists of 21st Century

A Look at Iranian Newspaper Front Pages on October 28


 

Ettela’at Newspaper:

1- Sanctions Impeded Import of Flu Vaccine: MP

2- Zarif: Iran Develops Initiative to Settle Karabakh Conflict Forever

A Look at Iranian Newspaper Front Pages on October 28


 

Iran Newspaper:

1- Dark Autumn Day for Coronavirus Outbreak in Iran

2- Oil Minister: I Sacrifice My Life, Assets, Reputation for Iran

3- Iran Peace Initiative on Desks of Baku, Yerevan Governments

A Look at Iranian Newspaper Front Pages on October 28


 

Javan Newspaper:

1- Americans Escape to Safe Zones for Fear of Post-Election Civil War

2- Public Outrage over Khartoum-Tel Aviv Deal

3- Coronavirus Breaks All Records on Tuesday

A Look at Iranian Newspaper Front Pages on October 28


 

Kayhan Newspaper:

1- Muslim World to Make Those Who Offended Prophet Muhammad Regret

2- Fire Set to US Ballot Boxes: Texas on Standby to Suppress Protesters

3- Iran’s COVID-19 Fatalities Break Records

A Look at Iranian Newspaper Front Pages on October 28


 

Khorasan Newspaper:

1- Coronavirus Getting Stronger as Air Pollution Increases

A Look at Iranian Newspaper Front Pages on October 28


 

Mardom Salari Newspaer:

1- 694 Iranian Hospitals Treating COVID-19 Patients

2- World Outraged by Macron’s Insults

A Look at Iranian Newspaper Front Pages on October 28


 

Shahrvand Newspaper:

1- Wear Your Mask Fellow Iranian!

A Look at Iranian Newspaper Front Pages on October 28


 

Shargh Newspaper:

1- Big Victory on Verge of US Elections: Trump Sends Third Conservative to US Supreme Court

2- Oil Minister: Sanctions on Me Are Washington’s Passive Reaction

A Look at Iranian Newspaper Front Pages on October 28


 

Vatan-e Emrooz Newspaper:

1- Why Rouhani and Zarif Don’t Talks about French Government’s Insult to Prophet Muhammad?

A Look at Iranian Newspaper Front Pages on October 28

Insult to Prophet of Islam Far from Political Maturity: Iran

Insult to Prophet of Islam Far from Political Maturity: Iran
Communications Minister Mahmoud Vaezi addresses the inauguration of Iran's first data center for cloud computing in Tehran, Aug. 14, 2016.

In a post on his Instagram page on Wednesday, Mahmoud Vaezi denounced the French president’s support for the offensive cartoons of the Prophet of Islam under the pretext of advocating the freedom of expression.

Decrying the insult to Islam as a measure lacking in political maturity and rationalism, the Iranian official said respecting the beliefs of others is a principle of democracy and a pillar of morality.

“Freedom of expression is not tantamount to permission for the violation of civil rights and moral principles,” Vaezi underlined, saying irresponsible freedom of expression only promotes hatred and violates the rights of others.

“The French president’s questionable and unjustifiable support for the insults to the Prophet of Islam, which have been provided probably to cover up a series of major problems in the domestic politics of that country, is by no means acceptable,” he added.

He also warned that such offensive moves would promote hatred and foment Islamophobia, the brunt of which would be taken by the people of France.

Vaezi finally called on the French authorities to realize the situation, act responsibly, and prevent a cycle of insults, provocation and promotion of hatred that hurts the sentiments of world Muslims.

Earlier this month, Macron pledged to fight “Islamist separatism”, which he said was threatening to take control in some Muslim communities around France.

He also described Islam as a religion “in crisis” worldwide and said the government would present a bill in December to strengthen a 1905 law that officially separated church and state in France.

His comments, in addition to his backing of satirical outlets publishing caricatures of the Prophet Muhammad (PBUH), have drawn widespread condemnation from Muslims across the world.

Iran’s Parliament Speaker Contracts COVID-19

Iran’s Parliament Speaker Contracts COVID-19

In a post on his Twitter account on Wednesday, the top Iranian lawmaker said he has tested positive for the coronavirus.

Qalibaf said he had a coronavirus test after one of his office staffers contracted the disease.

The Parliament speaker said he is going to perform his duties from quarantine.

The number of daily deaths from the coronavirus in Iran broke a new record on Wednesday with 415 fatalities.

Rouhani Scolds Macron, Praises Muslim World for Its Decisive Reaction

Rouhani Scolds Macron, Praises Muslim World for Its Decisive Reaction

Speaking in a weekly cabinet session on Wednesday, President Rouhani said disrespecting a prophet is not only not a skill, but also an immoral act, encouraging violence and hurting the feelings of billions of Muslims and non-Muslims.

The president called the great Prophet of Islam (PBUH) the teacher of humanity and mercy for the entire mankind, calling on those who have made mistakes in this regard to make up for their mistakes as soon as possible and return to the path of justice, morality and respect for the beliefs of all the heavenly religions.

“It is surprising that those who claim to be rich in culture and democracy, in some way, albeit unintentionally, encourage others to violence and bloodshed,” he noted, referring to Macron’s recent anti-Islam stances and his support for an offensive caricature of Prophet Muhammad (PBUH).

Freedom does not mean closing down the lessons of morality, the president said, adding, “On the contrary, freedom can be useful to society when all values are respected, not insulting a person to whom everyone is indebted.”

“Each and every European and all those who live in the East and the West are indebted to the Prophet of Islam.”

Rouhani said “Westerners should understand that the great Prophet of Islam is loved by all Muslims and freedom seekers in the world. Insulting the Prophet means undermining morality and insulting all Muslims, all divine prophets and human values.”

“If the West, Europe and France really seek peace, brotherhood and security in the human society as they claim, they should stop interfering in the internal affairs of Muslims because all the problems and grudges held in their hearts are because of the oppression, persecution and inappropriate interference of the West in the affairs of Muslims throughout history.”

He said “a clear example of this is Yemen today, where you see the poor, innocent people of Yemen are being killed under various Western-made bombs and the planes that the Westerners gave to the invading countries.”

“The lesson of the Prophet is the lesson of respect for others, morality, and freedom… Obscenity, insulting, swearing and drawing caricatures are not part of morality, democracy and humanity.”

Expressing satisfaction with the very timely and decisive reaction of the Islamic world to the inappropriate words of some Western officials, the president said, “This very timely and decisive reaction shows that the Islamic world will always follow the great Prophet of Islam.”

Iran in Photos: Abbasabad Lake in Mazandaran

Abbasabad Lake in northern Iran 5

Abbasabad Lake is located in a heavily forested area near Behshahr in the northern Province of Mazandaran. The complex includes one of the nine Persian Gardens registered in the list of UNESCO’s World Heritage Sites in 2011.

Historical structures nearby, which lend added weight to this scenic man-made lake, date back to the Safavid Era: they have been built by the order of Abbas the Great, king of Iran, in early 17th century as a royal promenade and retreat.

The garden was, however, forgotten after the fall of Safavid dynasty. It had been covered by vegetation until part of the site and its handicrafts were excavated with the continuous efforts of archaeologists through the years: it indeed revealed the unique values of a Persian Garden.

The complex is still being organized, repaired, protected and studied.

The following images of the lake released by IRNA: