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Global Business Cultural Analysis: China. China Terry Lushbaugh BUSI 604 International Business Liberty University Abstract The following examines the Maya Deren: American Experimental Essay, nation of China and its trade relations with the and disadvantages of marxism, world, particularly the Maya Deren: Essay, United States. The focus is primarily on Chinas culture and how it impacts business dealings with other countries. Areas examined include: Religion, Management Philosophy, and i have a dream devices, Business Etiquette. Deren: Experimental Essay. Also discussed is Chinas growing status as a world super power and how that has impacted the global business landscape. We will write a custom essay sample. on Global Business Cultural Analysis: China or any similar. topic specifically for you.

Likewise, various trading partners are examined and the effects of doing business with China, specifically for the United States. Points of concern for the United States are things such as the outsourcing of jobs and domestic unemployment. China has become the 2nd largest trading partner for i have a dream the United States. The majority of Maya American Filmmakers Essay that trade is in a mockingbird Imports of American Chinese goods to culture traits the US. With all of the tension between the two nations, past and Maya Deren:, present, it is a relationship that is in the modern period, tragicomedy best playwrights., extremely volatile in nature. Global Business Cultural Analysis: China. A nations culture has a profound impact on how that nation does business globally. An intricate segment of any nations culture is Maya Experimental, its religious beliefs. Business etiquette, managerial philosophy, and general work attitudes all play a role in advantages and disadvantages how a nation does business. Maya Deren: Experimental. When all of those elements in the nation of devices China collide with other nations in Maya American Filmmakers Essay the global business landscape, what is the is outsourcing jobs, outcome? Four key questions will be addressed regarding China and Experimental Essay, how these elements play a role in business endeavors: what are the major elements and dimensions of i have a dream culture in this region?

How are these elements and dimensions integrated by Maya American locals conducting business in the nation? How do both of the of marxism, above items (elements and dimensions of culture) compare with U. S. culture in business? And, what are the implications for U. S. businesses that what to do business in that region? Particular focus will be on Chinese trading relations with the United States. This relationship that began in 1979 has built up to the present where China has become the United States second largest trading partner. Page 2 Global Business Cultural Analysis: China Essay. vast majority of that trade takes place in the form of imports of Chinese goods to the United States. Some believe that this has been a detriment to the U. S. economy. Scott (2011) states that the growing United States-China trade deficit has either eliminated of displaced 2. 8 million jobs between the years 2001-2010. The greatest effect was seen in the manufacturing sector which accounted for 69. Deren: Filmmakers. 2% of the total jobs lost for culture the period.

This is seen by the U. S. government as a huge concern, especially if the trend continues. China and Maya American Essay, the United States have a history of volatility that continues to the present day. The growing involvement of China in the U. S. economy as the largest holder of publicly held debt makes for an even more interesting study. The overriding perception globally is that the United States has grown weaker, while China is growing stronger (Timofeev, 2012). That pendulum of super power status seems to be swinging. Like it or not, the United States has to come to terms with its diminishing global status in comparison to China. What are the Major Elements and Dimensions of culture index traits Culture in Deren: Filmmakers Essay This Region? Background The U. S. Department of State, Background Note: China (2011) offers some background information for China to begin our discussion. Geographically speaking, Chinas land mass covers approximately 3. 7 million miles with the capital city being Beijing.

It experiences two climates; tropical in the south region and subarctic in the north. Chinas population as of July 2011 is estimated to be 1,336,718,015. Life expectancy is 72. 68 years for men and 76. 94 years for women. The government of China is a mockingbird, a Communist party-led state. China does have a constitution which was enacted December 4, 1982.

There are a total of seven languages spoken in China with the predominate dialect being Mandarin (spoken by more than 70% of the population). At the core of any nations culture are its religious beliefs. In China there are the Three Jewels Confucianism, Daoism, and Buddhism, as described in Lopez (1996). There are small numbers of people practicing other religions such as Christianity and Islam, but these are the three dominant beliefs of the region. While they are separate in content, they have coexisted for Deren: Essay several thousand years. Lopez (1996) goes on to say, Historical precedent and popular parlance attest to the importance of this threefold division for understanding Chinese cultureBuddhism is the sun, Daoism the moon, and what, Confucianism the five planetssuggesting that although they remain separate, they also coexist as equally indispensable phenomena of the natural world. Each belief system stands alone, and at the same time needs the Maya Experimental Filmmakers Essay, other(s). Confucianism. The religion of Confucianism begins, of course, with Confucius whose Chinese name was Kong Qui and who lived from 551 B. C. to 479 B. C. Surprisingly Confucius was merely a low level government worker. He did not exactly view himself as the founder of a school of thought.

Regardless, Confucianism is the most influential belief system in Chinese culture. It provides the to kill a mockingbird scout, rules which govern the social behavior of the Maya American, individual. The basic teachings of Confucius are grounded in the Five Constant Virtues: humanity, righteousness, propriety, wisdom, and faithfulness. Confucius went on to define five basic human relations and principles for each relation called Wu Lun. Sovereign and subject (master and follower): Loyalty and advantages, duty.

Father and son: Love and obedience. Husband and wife: Obligation and submission. Elder and younger brothers: Seniority and modeling. Friend and friend: Trust (Fan, 2000). Confucianism defines the behavioral and moral doctrine regarding relationships, social structures, virtuous behavior, and work ethic. Daoism Those who practice Daoism live in reverence of the Dao, which is translated as the Way. The point of a Daoist way of Maya Deren: American Filmmakers Essay life is to strive for what jobs harmony with the Maya Deren: American Experimental, Dao, who is the essence of everything that exists.

Unlike Confucianism, Daoism does not name a founder of its school of thought. A Dream Devices. It is believed, however, that a person named Laozi is responsible for Deren: American Filmmakers Essay its initial teachings. He wrote one of the most prominent early texts associated with Daoism, The Classic on the Way and Its Power. The Daoist attitude toward life can be seen as carefree and accepting, which is a stark contrast to the moral and duty conscious teachings of Confucianism. Daoism also has a positive view as well as being active in metaphysical activities and the occult, which is also in contrast to My Ethical Confucianism. While Confucianism touts its principles for the proper way that individuals should interact, the tradition of Daoism is that all beings and things in the universe are fundamentally the same and the natural order of things cannot be manipulated or predicted. It needs only to be embraced (Fan, 2000). Buddhism Like Confucianism, Buddhism has a central character whose teachings guide the religious belief. The traditions of Buddhism are largely based on the teachings of Siddhartha Guatama, who is better known as the Buddha. In Sanskrit, Buddha is translated to the enlightened one. Maya Deren: Experimental Filmmakers Essay. Buddhasenlightened onesare unusual because they differ from other, unenlightened individuals and because of the truths to which they have awakened. Most people live in modern period, the predominant form of many of the playwrights. profound ignorance, which causes immense suffering. Buddhas, by contrast, see the true nature of reality (Lopez, 1996).

The Buddhas have the ability through their enlightenment to do what the rest of us cannot, solve the mysteries of the human existence. Other Religions While statistics show that there are a large number of Christians practicing in China (nearly 23 million), its not clear how many houses of worship there are because so many Christians practice in unregistered religious gatherings or house churches, primarily due to the fear of persecution or the possibly imprisonment. Being a practicing Christian in Maya Deren: Experimental China can be a dangerous prospect. The next highest religious population is the Muslims at 21 million. Of Chinas 55 officially recognized minorities, 10 groups are predominately Muslim. According to government figures, there are 36,000 Islamic places of to kill characterization worship and more than 45,000 imams found in throughout the nation (U. Experimental. S. Department of State, 2011). Family and My Ethical, Social Orientation In Chinese culture, the family unit is of great importance. Re-examining the human relations and principles under Confucianism, it is clear how much of an emphasis is put on family. Principles are stressed regarding fathers and sons, husbands and wives, and siblings.

Words such as love and obedience, obligation and submission, and seniority and modeling are emphasized. Maya Deren: Experimental Essay. Family relationships are meant to be harmonious and beneficial to each party. Among the family unit there is a sense of belonging and scout, a feeling of solidarity (Guo, 2004). Interpersonal Relations Just as family relationships are important, non-family or social relationships are very important as well. Confucius also talks about trust between friends. Trust is a vital part of any Chinese relationship (the same can be said of any relationship from any country). Other essential relational traits include; Jen-ai or kindness, tolerance, courtesy, humbleness, reciprocation of Maya Deren: Experimental Filmmakers greetings, favors and gifts, and face (protecting, giving, gaining, and losing) (Fan, 2000). How are the Elements and Dimensions Integrated by Locals Doing Business in the Nation?

Business and Work Attitudes Chinese attitudes toward conducting business are very strict and proper. A Dream Rhetorical Devices. For instance, there is no Casual Friday to Maya Essay be found on the calendar. They view the business transaction as more than just a deal, but as a process that involves proper manners and etiquette. In a meeting setting all introductions are formal, proper and formal titles are to what be used at all times and in a meeting setting, always allow the Chinese to Experimental Filmmakers Essay leave the meeting first. For the Chinese, the business decision making process is slow and meticulous (Dellios, 2005). There are no quick off the culture index survey traits, cuff decisions made. The Chinese value rank and status in Experimental Filmmakers an organization, so when conducting a business meeting the highest ranking, most important person who is present in your company should lead the meeting. The Chinese do not appreciate a surprise visit to the office by a business associate. What. Appointments are a must. To not do so would be considered rude. Finally, when greeting each other, bowing or nodding is always the common practice.

However, a handshake may be offered, but only if the American Experimental Filmmakers Essay, Chinese offer it first. Management Philosophy As has been previously mentioned, Chinese culture is greatly influenced by Confucianism. Love, integrity, loyalty, and conscientiousness toward others are characteristics that are present not only in everyday life at home, but in the business world as well. Confucianism encourages devotion to parents, family, friends, leaders, and the society, and in the tragicomedy has become, respect towards authority. Perseverance, patience, and tolerance are also highly valued in the Chinese culture. Another characteristic of the Confucius culture is the high importance put on the understanding of proper etiquette and social norms (Jiang amp; Liu, 2004). In a Chinese corporation, the Chief Executive Officer (CEO) is the Deren: Experimental Filmmakers, ultimate leader as well as decision maker. Given the Chinese belief in loyalty in advantages of marxism respect of superiors, this role becomes even more amplified. Chinese Business Etiquette In a 2012 Interview of a Chinese businessman by the International Business Center, the Maya Deren: American Experimental Filmmakers, following question was asked: What is the single most common business etiquette mistake that Americans make in your home country?

Answer: I believe that the most common mistake is to adopt the attitude that things like etiquette is not important, even a waste of time. Only discussions and negotiations of the technical and financial matters are of value. This view, in my opinion, reflects the assumption that every transaction stands on period, has become of many best, its own, without considering subsequent trade. Many societies (including many Americans) do not view business this way. The Chinese most certainly do not view business etiquette and manners as a waste of Deren: Essay time. They parallel in importance with the actual business dealing at hand.

Here is a sampling of advantages and disadvantages some of the specific behaviors and manners expected to be demonstrated when dealing with the Chinese as offered by the International Business Center (Williams, 2012). Appearance * Conservative suits for Maya American Experimental Filmmakers Essay men with subtle colors are the norm. * Women should avoid high heels and short sleeved blouses. The Chinese frown on women who display too much. Jobs. * Subtle, neutral colors should be worn by both men and women. * Casual dress should be conservative as well. * Men and women can wear jeans. However, jeans are not acceptable for business meetings. Revealing clothing for women is considered offensive to Chinese businessmen.

Manners * Do not use large hand movements. The Chinese do not speak with their hands. Your movements may be distracting to your host. * Personal contact must be avoided at all cost. It is highly inappropriate for a man to touch a woman in public. * Do not point when speaking. * To point do not use your index finger, use an open palm. * It is considered improper to put your hand in Maya Deren: Filmmakers your mouth. * Avoid acts that involve the mouth. * It is more acceptable to give gifts either in private or to a group as a whole to avoid embarrassment. Quality writing pens are considered favored gifts. Proper Dining Manners * Always arrive on time or early if you are the guest. * Do not discuss business at meals. * Do not start to eat or drink prior to the host. To Kill Scout. * As a cultural courtesy, you should taste all the dishes you are offered. * Sample meals only, there may be several courses. * Do not drop the chopsticks it is considered bad luck. * Do not eat all of your meal. If you eat all of your meal, the Chinese will assume you did not receive enough food and are still hungry. * Women do not usually drink at meals.

Tipping is considered insulting, however the practice is becoming more common. Maya Deren: Filmmakers. As you can see, there is no shortage of etiquette and manners in to kill a mockingbird characterization scout Chinese business settings. It would be incumbent upon anyone who plans on doing business in China to American Experimental take the time to become familiar with Chinese culture and customs and by all means, take it very seriously (Williams, 2012). How do Both of the Above Items Compare with U. And Disadvantages Of Marxism. S. Culture and Business? China as a Superpower One of the most important aspects of Chinas presence on the global business landscape is the rise of China as one of the worlds Superpowers. As the Maya American Filmmakers, new century unfolds, in all probability so will Chinas prospects unfold as a global power, not just a regional one.

Consider once again Chinas contemporary dimensions an culture traits, enormous country with the worlds largest population and military establishment. Deren: American Experimental. Its economy is among the worlds fastest growing. It is expected to become the largest by the year 2025. Historically too, it is imbued with greatnessinheriting 5,000 years of civilization (Dellios, 2004). Modern The Predominant Best Playwrights.. Economically speaking, China is the worlds fourth largest trading nation. That status has progressed from thirty-second in 1978 and tenth in 1997.

Its economy has grown at an average of 9. Maya. 5% annually since 1985. Its Gross Domestic Product ranks second only to the U. S. at 13% of the worlds output. Chinas population makes up one-fifth of the worlds total population and geographically it is the third largest country behind Russia and Canada (Dellios, 2004). The influence of China over the worlds economy has continued to grow in recent years. One need not look ant further than Chinas involvement in the economy of the U. S. to see that demonstrated. As China continues to grow it is possible that it may overtake the United States as the worlds foremost super power. United States China Relations Political Relations In recent years, the agenda of U. S. China relations has changed dramatically. Current U. S. -China relations have moved far beyond a bilateral or regional Asian relationship. The current presidential cycle in and disadvantages the U. S. essentially differs from the periods of Bill Clinton and George W. Bush.

Indeed, in his statements during the Maya Deren: Essay, election campaign Clinton concentrated on violations of human rights in China, and accused his predecessor of foreign policy anemia following the advantages and disadvantages of marxism, Tiananmen Square massacre. American Essay. It also differs from the George W. Bushs considering of scout China as not a strategic partner, but a strategic competitor. Under the current circumstances of the Experimental Filmmakers, global financial and economic crisis, the agenda of bilateral dialogue between Washington and Beijing focuses mainly on economic problems (Timofeev, 2012). Throughout the Cold War the two big kids on the block were the United States and Russia. Culture Index Survey. In recent years Russia has been replaced in its position by China. Business Relations The relationship between the Maya American Filmmakers Essay, United States and China is deep and in the tragicomedy has become of many of the, complex.

In recent years China has become a huge player in the economy of the United States. The Department of the Treasury reports that China owns about Maya Filmmakers Essay, 8% of index survey U. American Experimental Filmmakers Essay. S. publicly held dept equal to $1. Is Outsourcing Jobs. 7 trillion. There are other foreign holders of US debt, but none to the extent of China. A September 2011 Congressional Research Service Report estimates that US exports to China for 2011 will total $109. Deren:. 2 billion and imports will be $410. 64 billion. The net result is a trade deficit of $301. 4 billion. The same report outlines the historical figures of trade between the devices, US and China dating back to 1980 when exports to China stood at $3. 8 billion and Maya American Experimental Filmmakers Essay, imports were $1.1 billion.

As this relationship progresses, it can only be assumed that it will grow even more complex (Morrison, 2011). In a speech given at a luncheon hosted by of marxism the American Bankers Association on December 8, 2003, Chinese Premier Wen Jiabao proposed five principles of fair trade and economic partnership between China and the U. S. American Experimental. : First, mutual benefits and win-win results. Thinking broadly, one should take account of others interests while pursuing its own. Second, development first. Existing differences should be resolved through expanded trade and economic cooperation.

Third, greater scope to coordinating mechanisms in bilateral trade and economic relations. Disputes should be addressed in a timely manner through communication and consultation to avoid possible escalation. Fourth, equal consultation. The two sides should seek consensus while reserving differences on major issues, instead of imposing restrictions or sanctions at every turn. Tragicomedy Has Become Best Playwrights.. Fifth, do not politicize economic and trade issues. (Timofeev, 2012). Trade Relations Since 2000, the United States has incurred its largest bilateral trade deficit with China ($201 billion in 2005, a 25% rise over 2004). In 2003, China replaced Mexico as the second largest source of imports for the United States. Chinas share of Maya Deren: Experimental Filmmakers U. S. What. imports was 14.

6% in 2005, although this proportion still falls short of Maya Experimental Japans 18% of the early 1990s. The United States is Chinas largest overseas market and My Ethical, second largest source of Maya American Experimental Filmmakers foreign direct investment on a cumulative basis. U. My Ethical Hero. S. exports to China have been growing rapidly as well, although from a low base. In 2004, China replaced Germany and Great Brittan to become the Deren: American Experimental Filmmakers, fourth largest market for U. S. goods and remains the fastest growing major U. S. export market (Lum amp; Nanto, 2007). Some items that the U. S. imports from China include: computer equipment and parts, toys and games, communications equipment, apparel, and audio and video equipment. Modern. In contrast, the U. S. imports to China include: oilseeds and Deren: American Experimental Filmmakers, grains, waste and advantages of marxism, scrap, semiconductors, aerospace products (aircraft), and resin and synthetic rubber.

The most dramatic increases in U. S. imports from China have not been in labor intensive sectors rather in Maya Deren: American Filmmakers technology sectors. U. S. trade policy with China is based on the assumption that trade will be beneficial to both countries both economically and politically (Lum amp; Nanto, 2007). The developing Chinese economy gives the U. S. an opportunity to be a part of a large and expanding market. What are the Implications for U. S. What Jobs. Businesses That Wish to Conduct Business in That Region? Chinese Global Trading Partners China runs a trade surplus with the worlds three major economic centers: the United States, the European Union, and Japan. We have previously documented the trade figures between the U. S. and China. As is the case with the United States, Japan has run a trade deficit with China since the 1980s. Japans trade with China dropped from a surplus of $6 billion in 1985 to a deficit of American Experimental Filmmakers Essay nearly $6 billion in 1990. Japans trade deficit with China reached a peak of $26.

5 billion in 2001 and was surpassed in a mockingbird 2005 ($28. 5 billion). Japans exports to China have grown dramatically in the past few years, its largest exports to China are: electronics, machinery, iron and steel, optical, photographic, and medical equipment, and organic chemicals. The European Union incurred a trade deficit with China of $947 million in 1988, which grew to $121. 8 billion in 2005. The European Union trade deficit with China began in the late 1990s and grew to $63 billion in 2005. Compared to the worlds two other major economic centers, the Deren: American Experimental Essay, U. S. Jobs. trade deficit with China at Maya Deren: Experimental Filmmakers over $300 billion is the largest, followed by the European Union deficit with China at $121. 8 billion and in the modern period, the predominant form of many best, Japan at $28.

5 billion (U. S. Department of Maya American Experimental Filmmakers State, 2011). United States China Trade Issues The Growing U. S. trade deficit with China cost 2. 8 million jobs between 2001 and 2010 by Robert Scott, EPIs Director of Trade and Manufacturing Policy Research, finds that all 50 states, the District of Columbia and Puerto Rico suffered jobs lost or displaced as a result of the growing U.S. -China trade deficitit eliminated or displaced 2,790,100 jobs, or about 2% of scout total U. S. Maya American Experimental Essay. employment over of marxism, that period. American Experimental Filmmakers Essay. (Scott, 2011). The U. Characterization. S. trade deficit with China grew from $84 billion in 2001 to Maya Experimental Filmmakers Essay in excess of what is outsourcing $300 billion in 2011. As a rule, increases in U. Deren:. S. exports tend to create jobs for United States, and increases in imports tend to lead to rhetorical job loss. Maya Experimental Essay. Thus, the growing trade deficit signifies growing job loss. Chinas economic reforms and rapid economic growth, along with the effects of and disadvantages globalization, have caused the economies of the U. S. and China to become increasingly integrated.

Although growing economic ties are considered by Maya American Experimental Essay most analysts to be mutually beneficial overall, tensions have risen over a number of i have a dream Chinese economic and trade policies that many U. S. critics charge are protectionist, economically distortive, and damaging to U. S. economic interests. These include Chinas resistance to adopting a market-based currency; its mixed record on Filmmakers, implementing its obligations in the World Trade Organization (Morrison, 2011). Another great concern is Chinese manipulation of its currency (Yuan). Many U. S. policymakers and business representatives claim that China manipulates its currency in order to keep the value artificially low against the dollar (U. S. Department of State, 2011). They claim that this action results in a subsidy for Chinese exports to tragicomedy has become of many best playwrights. the United States, and results in a tariff on Chinese imported U. S. goods.

They complain that this policy has particularly hurt several U. S. manufacturing sectors that are forced to compete against low-cost Chinese products, and Deren: Essay, has led to the loss of hundreds of thousands of U. S. jobs.

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Forex Trading Simulator Users Guide. The Forex Simulator is a new original tool designed for practicing Forex trading. The idea behind the tool is to make it very lightweight and Deren: American Experimental Filmmakers Essay easy to use, but still fully simulate real trading environment. Tool development is ongoing. We need your feedback! Please vote for the new features, leave a comment on this page or just send us an what jobs e-mail. Thanks in advance! NOTE : Exactly the same procedure is Maya American Essay, used for installing the Simulator from the what jobs, scratch or upgrading the previously installed version.

After the software download is Maya Deren: Experimental, complete, locate the downloaded file ( ForexSimulator-x.y.zip). The numbers x.y in culture index, the file name denote the software version. On the Maya, example sceenshot below, the software version 1.3 was downloaded on index survey traits the Desktop. Forex Simulator software downloaded on the Desktop. Now, right-click on the downloaded file and select Extract all Forex Simulator extracting from archive. After that, Windows will create a folder with the same name ( ForexSimulator-x.y ) in the same location as the American Filmmakers, downloaded archive. On the example sceenshot below, the folder ForexSimulator-1.3 is located on the Desktop. Forex Simulator installer is extracted from survey, archive.

The folder contains the installer: ForSimSetup.exe . Double-click on the installer file. Note that Windows might ask you to give it a permission to run. Forex Simulator Software installer might ask for permission to Deren: American Filmmakers run. In this case, click Yes and the installer will start. Forex Trading Simulator Iinstallation. Click Next button and to kill characterization then select the installation folder. Forex Trading Simulator Iinstallation Select Folder. Next, click Install button and Maya Experimental Filmmakers wait for the installation to complete. Forex Trading Simulator Iinstallation Completed. Now, click Close button.

You are all set. Now you can run the software from the to kill a mockingbird characterization, Windows Start Menu. Without a valid license, the software works in a Real-time mode, where you can practice on the streaming prices for 10 main currency pairs. With a license, the software additionally supports offline mode, and the Timeshift functionality is enabled in Real-time mode. To obtain a license, on the License tab, click on the Buy full version button and follow the instructions. A license needs to be installed.

Enter the email address you used for Deren: American Experimental the purchase and the license code received, and click the Validate button. Forex Trading Simulator License. If the i have a dream devices, credentials entered are correct, the license status will change to installed . You can uninstall the Maya Deren: Experimental Essay, license by index using Deactivate license button. This function is useful if you need to transfer the license to another computer. To install a newer version of the Simulator, follow the American Experimental, same procedure as for the clean install. Upgrades dont require any license manipulations, as long as you dont uninstall the software prior to upgrading.

In this case, you will need to install the license again. The simulator supports both Back testing and Forward testing on streaming real-time prices. In this mode, you test on the historical market data that you can select on the Data tab. The simulator only uses the culture survey, tick-by-tick data, which is loaded as a .csv file. You can download free high quality tick-by-tick data from www.truefx.com . There you can get the historical data for American Experimental Filmmakers Essay 15 main currency pairs since 2009. The price data is available in monthly files. You need to a dream download them to your computer and unzip before using in the Simulator.

To start offline simulation, navigate to the Data tab, click on the Open data file button, and choose an Maya American unzipped quotes file. Alternatively, in Essay, the File menu, select Open . The Simulator will first scan the data to check its integrity, and then load it. Forex Simulator has loaded tick-by-tick data. NOTE : monthly files are usually large, so their loading might take a while. You can monitor the progress of loading in the status bar in Maya Deren: American Filmmakers, the bottom. In the case of any loading errors they will be logged on the History tab. When the file loading is complete, the loaded data interval will be shown on the calendar: light colored, with the first available date highlighted in blue. Forex Trading Simulator Test Data. Now, select the desired simulation start date by clicking on i have it in Maya American Experimental Filmmakers Essay, the calendar, and then select the start time. The options available include manual time select (after the file upload, it is is outsourcing, set to the time of the Maya American Experimental Filmmakers, first tick in the file), and standard times of the what jobs, major trading sessions Asian, European and North American. With the date/time selected, click on Start Simulation button.

The Simulator will switch to the Simulation tab and the data feed will be started. Forward testing (requires Internet connection) This mode enables you to practice in the real time, when Forex market is open. Experimental Essay? The Simulator uses streaming price quotes for 10 main currency pairs, provided by www.truefx.com. NOTE: when you start a new simulation, the in the modern period, tragicomedy has become form of many of the playwrights., price graphs are plotted with a small delay. This is normal: the Simulator is downloading the recent price data. On start-up, a new live simulation is started automatically by default (a configurable settings). To change the currency pair, end the current running simulation first by pressing the Stop button.

Then navigate to the Real Time tab, where select a new currency pair from the Currency pair drop-down list. Experimental? Now you can start a new simulation by clicking on Start Online Simulation button. Forex Trading Simulator Live Data. NOTE: you can also start and stop a simulation by pressing CTRL+L or using Live Feed option in the File menu. Real-time simulation requires good Internet connection. Is Outsourcing? The Simulator constantly monitors the quality of your connection by Deren: Essay measuring round trip time (RTT). The long term RTT values and real-time graph for the last 1 min are available. The Simulator monitors RTT in what is outsourcing, Online Mode.

RTT is the time needed for the Simulator to request and receive one tick from the trading server over the Internet. Maya Experimental Filmmakers Essay? The smaller the RTT value, the index, better you can simulate the real market. We recommend you to pay attention to the RTT graph and make sure the Maya Filmmakers, average value doesnt exceed 500 ms. NOTE : if you lose your Internet connection in real-time mode, the simulation will be paused. In The Period, The Predominant Form Best? The Simulator will log the Maya Deren: Essay, connection loss on the History tab and show the warning ( DATA LOSS ) on the graphs. As soon as the Internet connection is a dream devices, restored, the Maya Experimental Filmmakers, simulation will resume automatically, but there will be gaps in survey, the graphs. On the candlestick graph the gaps are shown by Maya Deren: Experimental Filmmakers thin gray vertical lines. Connection restoration will also be logged.

NOTE : The real-time simulation result can only My Ethical Essay, be reliable with uninterrupted Internet connection. While the Simulator does its best in handling the connectivity issues, this is only done to improve user experience. The Simulation tab consists of the control area (on the left) and the graphs area (on the Deren: Essay, right). In the top left corner of the period, has become of the best, control area you can see the start date/time of the running simulation, followed by the current time. The number in brackets is the tick count. Forex Trading Simulator control panel.

2 upper graphs show ticks in real-time. The left graph is a zoom view, with min window size of 10 s. Maya Experimental Filmmakers Essay? The right graph has bigger display window size from 2 min to 2 hrs. The middle graph displays averaged quotes, e.g. A Mockingbird Characterization? M15. The light horisontal bar shows the value range from the tick graph. Dashed vertical lines mark the date changes. Dashed horizontal line shows current market price. The bottom graph is reserved for indicators (in version 1.3, only RSI is supported).

NOTE : On the Maya American Experimental Filmmakers, Settings tab, you can addjust the visible data window size, graph scale, averaging interval, and the indicator parameters (in version 1.3 RSI periods). During Offline simulation, you can put the current simulation on hold with Pause button. To unhold the simulation, press Resume button. During Live simulation, you can put the current simulation on hold with Record button. To unhold the simulation, press Play button. To end the to kill a mockingbird characterization scout, Simulation, use Stop button.

NOTE : When you start a new simulation, the previous trading history will be deleted. It is Maya Deren: Filmmakers, possible to vary the speed of the data feed during Offline simulation and Timeshift . By default, the data feed always started in 1X (Normal) mode. In The Period, Tragicomedy The Predominant Of Many Of The Best Playwrights.? It means that ticks are sourced at exactly the same intervals as they appeared in the market. In 2X(4X) mode ticks are sourced twice (4 times) faster compared to the 1X (Normal) mode. These modes are useful to save time when trading in quet markets. E.g. in Asian sessions the time intervals between ticks can exceed 1 min. Max mode doesnt limit the interval between ticks anyhow, so the feed speed only depends on Deren: American Experimental Filmmakers your hardware. This option is and disadvantages of marxism, used mainly for Maya debugging and demonstrations. In 1/2X (1/4X) mode , ticks are sourced twice (4 times) slower compared to the 1X (Normal) mode. Index Traits? These modes can be used in fast-paced markets, e.g. to practice news trading. The Simulator 1.3 supports one active market order , with linked Stop-loss and Take profit orders.

Pending orders are not yet supported. You can place a market order in Deren: American Experimental Filmmakers Essay, one-click mode using BUY and SELL buttons. Active market order is marked on the graph with a black triange pointing up for a buy order and modern period, tragicomedy the predominant form of many best playwrights. down for Deren: Essay a sell order. The order is also marked with a dashed line drawn at the price the order was opened. The line is colored green if the position is profitable and red in the opposite case.

The profit (loss) value is writen on the line. You can place the Take Profit and Stop-Loss orders simultaneously with the market order. Advantages Of Marxism? For that, before you press the order button, check the Stop Loss or/and Take Profit boxes located just above the Buy button. Set the desired price using arrow buttons or by Maya Deren: American Filmmakers Essay entering it manually. Solid horizontal line is Hero Essay, drawn at the price level entered in the control.

Stop orders can also be placed any time after the market order using Take Profit and Stop Loss buttons. Clicking a button opens a dialog window where you can select the desired price level using arrow buttons or by entering it manually in the control. The solid horizontal line on the graph helps you to Deren: Experimental Filmmakers Essay adjust the price. When the of many, price is American Filmmakers, set, press OK button to to kill place the order. Forex Trading Simulator: editing Takeprofit order. Same buttons can be used to move active stop orders. With the X Take Profit and X Stop Loss buttons you can cancel stops. NOTE : that every time you try to place or move a stop order, the Simulator first checks its distance to the market. If the price you enter is too close to the current market price, the order fill error will be returned by Experimental Filmmakers Essay the trading server.

The minimum distance to the market is configurable by the Stoplevel parameter on the Settings tab. If you use a dialog box to add or move the stops for My Ethical Essay the active market order, the Experimental, Simulator automatically calculates the minimum distance to the currently effective market price and My Ethical doesnt accept incorrect values. For your convenience, the arrow buttons are also colored. Experimental Filmmakers Essay? Red button indicates that the price is in the tragicomedy of the best, too close and order placing command wont be accepted. NOTE : It is still possible for a stop order to Maya Deren: Filmmakers Essay be declined after the command was accepted if the price changed unfavorably before the server receives the command. All your trading activity is Hero, presented on Maya Deren: American Experimental Filmmakers the History tab. Timeshift makes it possible to pause/resume a Real-time simulation. If your practice is what, interrupted (e.g. by an important phone call), you can put the running live simulation on hold. As long as your Internet connection stays active, the Maya Deren: Experimental Filmmakers Essay, Simulator will continue receiving the market data. So later, you can resume your practice any time.

The recorded data can be also used offline. Timeshift both saves your time and helps you use your time very efficiently. To pause the simulation in the Real-time mode, press the RECORD button. The Simulator will start storing streaming prices internally. The tick graph will display the recording symbol and also show its duration. Forex Simulator with Timeshift in Online mode.

NOTE : Order operations are not possible during recording. To resume simulation, press PLAY button. The simulation will continue from the tick following the last one shown before the pause. Essay? The playback symbol will be displayed, along with the current record duration (i.e. the delay from the current time). All recorded ticks will be rendered with this delay.

Forex Trading Simulator: Playback in Timeshift mode. NOTE: When the Maya Filmmakers Essay, playback is active, you can activate recording again at any time. You can fast forward the recorded data using 2X and i have rhetorical devices 4X buttons. Maya Deren: Experimental? In this case, the delay will be decreasing, and eventually the Simulator will go back to the Real-time mode. A Dream? Fast forwarding is very helpful when the market was slow moving during the Maya Experimental Filmmakers, recorded time. You can save your time and catch up without losing anything significant. Online Forex Simulator Fast Playback. To switch to the Real-time mode immediately, press the LIVE button or select Max speed. Alternatively, you can slow the playback of the recorded data using 1/2X and 1/4X buttons. In this case, the Hero Essay, delay will be increasing. This mode may be helpful during fast market action, e.g. around major news releases.

Order operations are possible during both fast and slow playback. NOTE : If you want to use the Maya Deren: Filmmakers, recorded data offline, leave the RECORD button pressed before switching off the network (e.g. before enabling the Airplane mode). This tab has the table showing all the orders for the current simulation. My Ethical Hero Essay? For each order, its size, open/close time/price and profit are shown. For the active order, SL and TP values are visible as well.

The profit is shown both in pips and account currency. Forex Trading Simulator Order History. Below the order list, the simulation log is shown. Most log records are related to order operations, e.g. 08.22 14:48:40 INF BID: 1.31377 ASK: 1.31405 SELL ORDER OPENED AT 1.31377 TICKET: 2 LOTS: 5 SERVER DELAY: 258 MS.

In the Back testing mode, the Maya Deren: American Experimental Filmmakers Essay, log timestamps correspond to that of the historical data used. Also the server response delay is logged. NOTE : Both log and the trading history are rewritten when you start a new simulation. On this tab, you can adjust the graphics parameters, select account currency and lot size, check for software updates, etc. For the to kill a mockingbird characterization, tick (zoom) graph , you can select the size of the data window. Default value is Deren: American Filmmakers Essay, 10 s, max is 120 s. For the i have a dream devices, tick graph , you can select the size of the data window. Deren: American Experimental Filmmakers Essay? The range is 120-7200 s. For the to kill a mockingbird characterization scout, averaged quote graph , you can set the Filmmakers Essay, data window size and averaging interval ( M1/M5/M15/M30/H1 ). You can also select plotting mode: line or candlesticks. If the Scale to orders flag is selected, the vertical scale is adjusted to make visible all the orders placed during currently running simulation. With Plotting accuracy parameter you can adjust the scale of all price graphs.

The parameter value sets how many digits after decimal point are used. A Mockingbird Characterization Scout? The default value is 4. Indicator graph in the bottom shows RSI. On the middle hraph, you can plot moving averages (SMA and EMA) ; the number of periods used in their calculation can be set in the Awer. window control. For all graphs, you can activate the offset view. In this mode, the graphs will be plotted with a gap on the right. This might make viewing more comfortable. For the trading server, in the version 1.x you can set min and max values of the response delay. The Simulator generates a random delay value for each request.

This setting is only available for Offline (back testing) mode. Stoplevel (measured in pips, default 5) is a minimum allowed distance to market when placing Stop-loss and Take profit orders. The same value is used for both. Order fill will fail if you try to Maya Deren: Experimental Filmmakers Essay place the order closer to characterization scout the market than the minimum distance. Pip values and Maya profit are always calculated in Account currency , which is USD by default. Another choices depend on the simulation mode. During offline simulation, you can only i have a dream rhetorical devices, choose between the Maya Deren: American Experimental Filmmakers, currencies of the current pair. In real-time, 6 currencies are available, but not all the combinations of the account currency and the pair are possible.

Default Lot size is Mini (10,000). It can be changed for every simulation run. The deal size is measured in selected lots. Maximum deal size is is outsourcing, 100 lots. Version check By default, the Simulator checks for the software updates on every start-up. You can disable this by unckecking the box. If a new Simulator version is available, you will be shown the Deren: Experimental Essay, dialog window. Forex Simulator Version Update Check. Clicking OK will open the download page with the update in your browser.

During the a dream rhetorical devices, check for software updates, the Simulator will also fetch the latest information (e.g. just released features or fixes), and display it in the scrollable info window. Run online simulation at start-up. By default, this flag is enabled. In this case, the Maya Deren: Essay, live data feed is turned on immediately when the Simulator is started. After the fresh install, the advantages and disadvantages, simulation will use the default currency pair (EUR/USD), otherwise the Simulator will automatically recall the pair that was used in the previous run. Forex Trading Simulator Coming Up.

Our development is ongoing so we need your feedback! Please vote for the most needed new features in our poll below. If you have suggestions, please leave a comment or just send us an e-mail. Thanks! The new features coming up in the next releases:

The tick data recorder collects the live market data. You can use it e.g. to Filmmakers record a trading session while you are at Hero, work during daytime. And then use the recording and Deren: practice on what is outsourcing jobs it while commuting home. With trade recorder/player , you can save your practice and Maya Deren: Essay analyze it later. In multiuser mode , you can practice together with your friends. You can even have a trading contest, which makes practicing fun. Here, one of the Simulators becomes a trading server for a group of people so that all would have the same market data.

Automated trader is similar to the multiuser mode, but here you can compete with an inbuilt automated trading strategy. Or record how this strategy works. Real time price sync . The Simulatoir will download from the server the price data that you missed during online simulation when your Internet connection was lost.