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When looking for low interest rate credit cards, there are many factors you need to take into consideration in order to ensure you are really getting a great deal. Many people do not realize that low interest credit cards may not really be as low as they think they are. In fact, these supposedly cheap credit cards may be costing your more than you think.


Finance Charge Calculations


So, you think you have found a great credit card with a low interest rate, right? Well Cheap Custom Bike Jerseys Free Shipping , this might be true, but it may not be as cheap as you think it is. Be sure to read the fine print on the credit card and learn more about how the finance charges are calculated. The traditional method for determining finance charges is the Average Daily Balance method. This method best when it comes to saving you money. The Two Cycles Average Daily Balance method, however, can become quite costly if you carry a balance on your card from month to month. And, since you are looking for low interest credit cards Cheap Custom Bike Jerseys From China , you most likely intend to carry a balance.


With the Two Cycles Average Daily Balance method, finance charges are determined two times during your billing cycle rather than just once. Therefore, you are actually accumulating finance charges twice in your billing cycle. So, while the APR may be low, your finance charges are not because you are paying twice.


Pay Attention to the Grace Period


The grace period is how long you have to pay back what you have borrowed from the credit card before finance charges start adding up. Therefore Cheap Custom Bike Jerseys China , the longer the grace period, the less finance charges you have to pay. When looking at low interest rate credit cards, be sure to find out how long your grace period is before you have to start paying. Twenty-day grace periods are the most common. So, if you find a credit card with a low interest rate that provides a grace period for this long, or longer Cheap Custom Bike Jerseys , then you have probably found a good card. If the grace period is shorter than this, continue your search until you find one with an acceptable grace period. Obviously, a low interest rate doesn't do you a lot of good if the finance charges begin piling up from the instant you make a purchase!


Consider Annual Fees


Some low interest rate credit cards have annual fees. This is the credit card company's way of compensating for the low interest rate it provides. For the most part, paying annual fees to receive a low interest credit card is not worth it to the cardholder. Shop around some more and see if you can find some cheap credit cards with the same APR that do not include an annual fee. Chances are, you will be able to find one that doesn't make you pay to be a cardholder.


If you cannot find a low interest credit card with the same low interest rate Cheap Custom Jerseys For Sale , then you might want to take a closer look at the card charging an annual fee. In this case, you will have to weigh the annual fee payment against your potential interest rate savings. If the annual fee and interest rates are both low enough, then it might be worth your while to apply for the card. Be sure to provide yourself with an honest assessment of your spending habits and how much money you will be able to send to the credit card each month in order to pay off your debt. The last thing you want to do is just give your money away to a credit card company in the form of an annual fee if it doesn't ultimately benefit you financially.

>Trading Forex With Pivot Points

Posted by nick_niesen on October 29th, 2010


Forex Pivot Point Trading are used today by Forex Traders and are calculated on the previous days move and trades are entered when the market hits a support or resistance line of the pivot point providing your OBOS indicator is in agreement. All the support and resist lines are put in place 1st thing in the morning. then you wait for the market to hit those entry Points.


Contrary to what some might believe, trading Forex with Pivot Points are probably the most popular method used in trading the financial markets today. Long before the invention of computers this was the method used by the traders in the pits to determine hidden support and resistance levels.


The Pivot Point is still used by experienced floor traders and technical analysts alike. The major advantage now is that we now have computers and can calculate our points well in advance. Many charting packages can calculate them for you automatically Cheap Custom Jerseys Free Shipping , thus enhancing the use of Pivot Points.


Whilst there is a lot more to Pivot Point Trading in Forex Trading than we will be mentioned in this article, the purpose of this exercise is to introduce you to the concept of trading Forex with Pivot Points.


Remember the market can only go up, down, or sideways. It is like an elastic band that has been stretched, sooner or later it will rebound to an equilibrium point where the market is in balance Cheap Custom Jerseys From China , and then stretch the opposite way only to rebound and reach another balance point. Then some fundamental announcement or happening will drive the market in a new direction and so on day after day. Pivot Points can aid us in determining how far that elastic can stretch before it rebounds.


Whilst there are many time frames that can be used for calculating Pivots, for the purpose of this exercise lets concentrate on the daily time frame (i.e.: 24hr) Pivot Points are calculated using the previous days, Open, High, Low Cheap Custom Jerseys China , and Close figures. There are many Pivot Point calculators available on the web so you don?t have to waste your time doing the calculations manually. Also bear in mind the longer the time frame you are using the longer you must be prepared to stay in the market or wait for the next entry point.


Pivot points unlike many other indicators are an objective tool. Because they are mathematically calculated, there can only be one answer for a specific time peri. Cheap Jerseys China Cheap Soccer Jerseys From China Wholesale Jerseys From China Cheap NFL Football Jerseys China Cheap Nike NFL Jerseys Wholesale Wholesale Custom Jerseys Wholesale Custom Jerseys Cheap Custom MLB Baseball Jerseys Cheap NHL Hockey Jerseys China Wholesale NCAA Jerseys