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Random article: How to calculate GDP Deflator
GDP deflator is the ratio of nominal GDP to its base value, which, as a rule, is expressed as percentage. This term was introduced because of necessity of a correct correlation of GDP figures for different periods of year under conditions of sharp change of structure of prices. As a result, GDP can be calculated in current prices, and this value is accepted as nominal. Also GDP can be calculated in prices of a certain year taken as basic, and resulted value is known as basic (or real). In the USA 1996 year is used as the basic. Thus, we get formula: GDP deflator = Nominal GDP/ Real GDP
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Popular article: Forex Entry Strategy
Entry opportunity is the time when a trader can open a position and has a higher probability to gain profit. Mostly, entry opportunities are considered only when a signal is formed. But, for every signal, there are more opportunities than just one. In short, as long as the highest or lowest point of the day isn't reached yet, you also have opportunities to open a position as many times as they are available. But how to calculate entry opportunities at a certain time? Let's use a pair with average daily range 100.0 pips, and price range between 0.00001 to 0.01000. Thus, a strategy with expected profit target of 30.0 will be: average daily range – expected profit = 100.0 – 30.0 = 70.0
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