💠 50 Chart Patterns Every Trader Must Know 🔘

A chart pattern that appears often but you’ll definitely want to avoid trading [OST Main Logo mobile]( [LOGO OST]( Editor's Note: Occasionally, an opportunity comes to our attention at Open Source Trades we believe readers like you will find valuable. The message below from one of our partners is one we believe you should take a close look at. [divider] With more than 20% of its population aged 70 and older and the birth rate declining, Japan has a property problem: there are more homes than people to live in them. P Population decline is a major issue for many countries. It’s of particular concern for Japan, which after experiencing a major boom throughout the 20th Century is now seeing steep population contraction. In 2018 the lowest number of babies were born since the country began keeping records, while deaths steadily outpaced births. And, as populations decline in countries across the globe, the demand for housing will also drop as the number of households decreases. This is already happening in Japan, where the country’s dramatically ageing population is fuelling a massive inventory of vacant homes. Known as ‘akiya’, these are homes left abandoned without heirs or new tenants. A record high of 13.6% properties across Japan were registered as akiya in 2018, and the problem is predicted to get worse; not only do relatives want to avoid inheriting homes due to Japan’s second-home tax, but there are fewer citizens overall to occupy them. Akiya dot the landscape all over Japan, listed in ‘akiya banks’ from Tokyo prefecture to rural Okayama prefecture to mountainous Kumamoto prefecture in Kyushu, at the southern end of the Japanese archipelago. Akiya are particularly concentrated in rural areas as younger generations abandon their roots in favour of settling in cities where there are more opportunities – a phenomenon that’s causing dramatic global population shift around the world. A record high of 13.6% properties across Japan were registered as akiya in 2018, and the problem is predicted to get worse In these rural areas where demand for homes is already low, akiyaare worth so little that estate agents don’t want to take them on; they can’t make money from fees, which are calculated based on a percentage of the property value. In some cases, especially in the most remote areas, lack of interest means that there isn’t an estate agent to handle these properties at all. Although a growing number of vacant properties are being listed on akiya banks, authorities generally haven’t been able to enforce renovation or demolish many of them without being able to identify owners from whom to get permission. Local councils are feeling pressure to ensure the akiya don’t become a burden in the event of natural disasters. Since most akiya are a few decades old, these older wooden homes less likely to withstand typhoons and earthquakes. This means any damage clean-up of damaged empty properties falls on others. In Japanese tradition these older akiya are often built of wood, which make them particularly susceptible to natural-disaster damage (Credit: Mari Shibata) In Japanese tradition these older akiya are often built of wood, which make them particularly susceptible to natural-disaster damage (Credit: Mari Shibata) Empty homes in oversupply In rural Okutama, a quiet, mountainous town in the north-western valleys of Tokyo prefecture two hours from the capital, akiya are in oversupply. Four years ago, Okutama Council’s Youth Revitalisation Department started a programme to use the akiya donated by heirs who preferred giving away homes to leaving them vacant. New tenants who take on an akiya can pay a small monthly fee across 15 years, after which they’ll get the property’s title as well as fees refunded. In effect, the rent contributes to a small portion of the property tax, with the council providing them with help on the rest. Still, despite the town facilitating basic architectural maintenance, offering an additional allowance of up to $18,000 to renovate the property and including free children’s services for prospective tenants, Okutama is still struggling to find new residents – especially with other schemes subsidising family housing that include newer homes. So far only seven families in Okutama have chosen to opt for akiya, according to the council. Dr Chie Nozawa, professor of science and engineering at Toyo University, predicts the akiya problem will grow largest in central areas of big cities that haven’t found solutions to revive older neighbourhoods in which populations are declining rapidly. This is especially the case as suburban towns spring up with new housing in lieu of residents taking up akiya. This means that the future of these buildings – and, often, the small towns hoping to court residents to live in them – depends on whether or not local councils take strategic action to utilise akiya. “Solutions need to be implemented to bring in new generations,” says Nozawa, “or otherwise the rapidly declining population will only fuel more vacant towns and buildings.” The quickly ageing nation faces huge gaps in the workforce. Now, it's taking historic steps to lower barriers for foreigners in a place that's long been resistant to immigration. W When I lived in the Japanese countryside 10 years ago, I rarely came across other non-Japanese residents. Even in Tokyo, as a tall, white American, I’d sometimes get surprised glances from local residents. But when I visited last month, I was struck by how much had changed. Hotels, shopping centres and cafés seemed to have at least one immigrant working there. Some of the young people staffing reception desks and video game arcades wore badges with non-Japanese names. At one pub-restaurant in Kanazawa, a mid-sized city north of Tokyo, I saw a young Caucasian assistant behind the counter assisting the sushi chef. At another restaurant, we were served by a non-Japanese waiter from an Asian nation – and ended up communicating in English. In short? Japan is internationalising – and this process is on the cusp of rapid acceleration. The driving force is demographic change: Japan’s population is ageing rapidly and shrinking. Add in other factors including never-before-seen levels of foreign tourism, plus massive preparations for the 2020 Tokyo Summer Olympics, and the result is a nation that desperately needs more workers to fill jobs. Japan has been aware of a looming demographic crunch for decades, but because successive governments have been reluctant to take major steps, the problem has become more urgent. Prime Minister Shinzo Abe wants to bring in more foreign, low-wage workers. But his proposal to accept hundreds of thousands of people to fill blue-collar jobs by 2025 is highly controversial in a nation that has traditionally shunned immigration. On Saturday, Japan’s parliament accepted that proposal in a contentious and unprecedented move to let in more immigrant workers than ever before – 300,000 throughout the next five years, starting in April. The new bill comes at a time of historic change in Japan. And how everything shakes out could shape the country for generations. Japan's population is the fastest-ageing in the world, leaving behind huge swaths of jobs in the country that need filling (Credit: Alamy Stock Photo) Japan's population is the fastest-ageing in the world, leaving behind huge swaths of jobs in the country that need filling (Credit: Alamy Stock Photo) Spike in seniors, spike in foreigners Bhupal Shrestha is a university lecturer living in Tokyo’s Suginami ward, a residential area known for its narrow alleys lined with second-hand clothing and antique shops. He’s lived in Japan for 15 years, but the road to a “permanent resident” visa hasn’t always been a smooth one. He says he’s experienced “discrimination on basic things, such as searching for rooms for residences or businesses, opening bank accounts, applying for credit cards”. He also says it’s hard for immigrants themselves to have much say in the government policy that affects them. There are 1.28 million foreign workers living in Japan – a record number “Japanese society is opening up to immigrants, but they are still conservative in some places,” he says. “I think it is due to the lack of chances [they have] for cultural exchange with immigrants.” Originally from Nepal, Shrestha is one of the 1.28 million foreign workers living in Japan. It’s a record number, up from 480,000 in 2008. Yet the figure constitutes just 1% of Japan’s population, compared to 5% in the UK or 17% in the US. Almost 30% of Japan’s foreign workers come from China, with significant populations from Vietnam, the Philippines and Brazil. The low figure is because immigration has traditionally been unpopular in Japan. An island nation, it was once fiercely isolationist. Up until the mid-1800s, those entering or leaving the country could be punished by death. Now, however, modern Japan views itself as homogenous, with a strong cultural identity. Historically, domestic anxieties toward immigration stem from perceived job losses, cultural disruption and fears of spiking crime rates in what is a famously low-crime nation. But the big problem is this: the number of native Japanese is going down. Dear Reader, Today, we’re giving away 517 FREE copies of our best-selling investing book: The Big Book of Chart Patterns. [BBCP Book]( So if you’re interested in learning the [50 chart patterns that consistently make money for investors]( I’d love to put a copy in your hands. But hurry — copies are limited. Inside you’ll discover: - A chart pattern that appears often but you’ll definitely want to avoid trading (page 2) - A chart pattern that is tough to spot but often precedes massive, short-term gains (page 8) - A chart pattern that has three variations, but one of them outperforms the other two by a wide margin (pages 10-12) - A chart pattern that could help save you from being “trapped” in a trade (page 30) - A chart pattern that can actually indicate a bear trend not only in a single stock but also in the market overall (page 43) [Click here right now and I’ll rush a copy of this book straight to your doorstep]( (US customers only). All I ask is you pay $9.95 to help cover shipping. To claim your free copy of The Big Book of Chart Patterns, [click here now.]( What Traders Are Saying About THE BIG BOOK OF CHART PATTERNS [comments]( [button]( There are two main types of decision-makers, experts say. Understanding which you are could help improve your choices. I I've recently moved into a new flat in New York City – not the easiest of feats in the middle of a global pandemic. Moving is never simple; choosing a neighbourhood and setting your budget can be stressful. But right now it feels especially complicated, raising questions like, which moving companies are the best value – but also have the best Covid-19 guidelines? Do I get a bigger space in case social distancing drags on even longer? Is all hassle even worth it right now? Then there are the more fun decisions. What kind of furniture do I get – Mid-century modern? Is it worth buying an expensive mixer to perfect that pandemic-era sourdough, or is it too late for all that? These are decisions will shape my daily life for the next few years, so it’s imperative to get them right. Yet, making choices can feel paralysing. It’s easy to stress over the ‘right’ choice – and, in some cases, put off the decision altogether. Understanding the different ways people make decisions has helped put things in perspective. People tend to lean toward one of two categories: 'maximisers', who want to ensure they get the most out of the choices they make; and 'satisficers', who tend to adopt a ‘this is good enough’ approach. Each comes with benefits and drawbacks – including impacting how happy you are. Fortunately, there are also ways to ‘hack’ your decision-making process, allowing you to match the right approach to the importance of the choice. All kinds of decisions, big and small, bombard us throughout our daily lives. Some warrant more time and energy for deliberation than others (Credit: Alamy) All kinds of decisions, big and small, bombard us throughout our daily lives. Some warrant more time and energy for deliberation than others (Credit: Alamy) Maximisers: 'make it perfect' If you’re a maximiser, you’re likely to weigh choices carefully to assess which is the best one. This can, of course, lead to a great outcome – when maximisers make decisions, they're likely very informed. On paper, their decisions may look like the most logical or efficient, since they've spent so much time deliberating possibilities and potential results. But there are also drawbacks. These are people who "have trouble making decisions because they're trying to get it perfectly right", says Stephanie Preston, professor of psychology at the University of Michigan. "They want to maximise the outcome, so they lose a lot of time in the process." For example, say you're picking out a new television. If you're a maximiser, you might take a very long time assessing five different models, trying to decide which one will maximise your benefit. Do you get the one with the biggest screen, or save by choosing the cheapest? Going back and forth in your head over which one is the ‘correct’ one can lead to decision paralysis, leaving the person feeling like they still don't have enough information to make the best choice, and maybe never will. Once you finally decide, however, the maximiser mentality can also trigger decision regret. "The process of deliberating and choosing one option after seriously considering others is not only very time-consuming, but also associated with post-decision regret and counterfactual thinking," says Sally Maitlis, professor of organisational behaviour and leadership at Oxford University's Saïd Business School. "How would it have been to have chosen the other thing?" That means once you buy that TV and you’re sitting there watching it, you may start second-guessing yourself: "I'm spending so much time at home these days. Shouldn't I have just bought the more expensive one with the bigger screen?" In fact, a series of studies showed that maximisers were more likely to be depressed, overly perfectionistic and prone to regret or self-blame. Satisficers: 'it's good enough' At the other end of the spectrum, you have ‘satisficers’: people who would rather make decisions quickly. Instead of the ‘best’ choice, they're fine with what's acceptable. The term combines the words 'satisfy' and 'suffice' and was first coined back in the 1950s by American psychologist Herbert Simon. [Slogan]( You {EMAIL} received this email as a result of your consent to receive 3rd party offers at our another website. Email sent by Finance and Investing Traffic, LLC, owner and operator of Open Source Trades To ensure you keep receiving our emails, be sure to [whitelist us.]( © 2023 Open Source Trades. All Rights Reserved[.]( 221 W 9th St # Wilmington, DE 19801 [Privacy Policy]( | [Terms & Conditions]( | [Unsubscribe](