Hemp comes from the Anglo Saxon word ?haemp' and is the popular name for plants of the cannabis genus. Hemp usually refers to the strains of the plant cultivated exclusively for industrial use as opposed to cannabis which is associated with pot and similar drugs.
Hemp has a huge variety of uses but continues to be overshadowed by the cannabis connotation of illegal drugs, with which it is often confused. However hemp can legally be grown, under licence, in many countries, including the European Union countries and Canada.
Cannabis sativa L. is the variety primarily grown for industrial purposes, it is a fast growing plant and has been cultivated for many thousand of years being used to make rope, clothing, paper, hemp oil and medicines. Growing hemp improves the condition of the ground and reduces ambient contamination. It is a robust plant that requires neither herbicides nor pesticides during its cultivation.
Hemp as an industrial material has a ten thousand year history. The first recorded use of hemp was as a cloth fabric, found in China as far back as 8000BC.C. Circa 4000B.C. hemp started to be used, again in China, to make ropes and as food. 2000 years later, the Chinese hemp oils and medicine were in use. By 1000B.C. its use had spread to India and Greece where the first instances of hemp paper were found.
By the 6th century hemp was being used in Europe in some amazing ways, in France a hemp reinforced bridge was built and it is still in use today. It was also being used to make sails, caulking and fishing nets and lines. In later years hemp was used to make a variety of foodstuffs including butter and beer. By the 15th century Renaissance painters were using hemp canvases.
Today industrial hemp is used to make a staggering variety of products ranging from medicines, body care products, building and insulating materials, clothing, textiles, food, fuel, livestock food and bedding, plastics and paper.
In the building industry hemp bricks, because of their sustainability and excellent insulation properties, are being used to construct external and internal walls of ecological homes. In this area of Spain the external walls of an eco house will consist of a eco-bricks, manufactured in Guadix with the proprietary name of Cannabric?.
Cannabric? derives its properties from industrial hemp fibres (c??amo). The eco-brick is composed of industrial hemp, natural slaked lime and a mixture of minerals. The bricks combine the functions of a load bearing wall that is fire-resistant and does not require the addition of thermal or acoustic insulation.
The most important component of the eco-brick is industrial hemp which has a very low thermal conductivity (0.048W/m'k) producing a brick with vastly superior insulation properties against both cold and heat. The mineral component of the bricks gives them their mechanical strength. Being a solid brick, with a high specific heat, it has the optimal thermal properties to protect against heat.
These characteristics make hemp bricks the ideal choice in areas of southern Europe where there are extremes in temperature through summer and winter.
The mechanical strength of the block starts with formation of insoluble hydrates. The strength increases over time with the carbonation of the free lime, (a constituent of slaked lime) by moisture and carbon dioxide present in the air. Another important factor in the progressive curing of the eco-bricks is the gradual petrifaction of the industrial hemp by the lime and minerals present in the bricks.
Due to its unique composition the hemp bricks allow the transpiration and diffusion of water vapour between the inside and outside of the building equalising humidity within the building thus avoiding humid and cold areas and minimising condensation on the inside wall surfaces.
Slaked lime acts as the binder, basically holding the brick together, but it has other uses. On one side it protects against moisture by closing any pores and preventing the entry of water on external surfaces exposed to rain. On the other hand it provides a protection for the industrial hemp fibres against fungal and parasite attack.
The hemp bricks when laid endwise are used for the construction of external walls thirty centimeters thick. The internal walls built with hemp bricks are thinner being half the thickness. The delightful, popular cave homes of this area of Andalusia are naturally ecological in that they are re-developed from ancient derelict cave houses. Where ever possible the construction materials used are salvaged from derelict properties that have been demolished. This recycling minimises the environmental impact.
It is ironic that this area of Spain, the Altiplano, until the late nineteen sixties, was renown as an industrial hemp growing area. With the invention and development of nylon and related products, coupled with the end of the Franco area and farm mechanisation the basic agriculture of the area fell apart throwing huge numbers of people out of work. The population of many villages dropped by seventy five percent or more, most of the inhabitants migrating to the coast and major cities in search of work.
As a result of these traumatic changes in demographic the remaining population was mainly aged, the villages incomes dropped to near poverty level and many empty houses fell into disrepair.
Most of the land workers who moved away lived in cave houses which are now being revitalised by the growing demand for eco-properties.
Embedded Systems Building Blocks
1. Identifying the Opportunity
The best way to identify an opportunity is to use support and resistance and good old trend lines. We won't explain support and resistance here - but if you are not familiar with it look it up on the net - Here we want you to keep in mind one key point:
When you trade be selective and only trade valid support and resistance.
What do we mean by valid?
-The more tests the better
-The more time frames involved the better
-The longer the duration between the time frame the better
The above are just general guidelines - you can use 2 tests but 3 tests or more, are better and look for resistance or support that is considered important by the market.
You then need to decide after spotting the opportunity on your forex charts when to trade.
2. Executing the Trading Signal
Never simply buy into support or sell into resistance with your currency trading system.
This wont work, as your predicting what may happen and as you can't predict the future ( despite what many guru's will tell you), you are simply hoping or guessing and the market will kill you.
You need confirmation.
If you don't know what momentum indicators are look them up - you need them and there an essential part of your forex education.
You only need a couple to confirm the move - more is not better as you need a simple system - more complicated ones have more elements to break.
The way to use them is to watch for a level to hold and when momentum shifts away from the level then you trade.
Don't just look for support or resistance to hold though - incorporate breakout methodology. It's a fact that most trends start form new market highs NOT Market lows. So, if prices breakout supported by momentum buy them!
Most traders can't do this they want to get back in on a pullback that never comes - don't make this mistake trade the breakouts like the pros do.
Finally be very selective and only trade the best set ups - in forex trading you don't get paid for how often you trade you get paid for being RIGHT.
Trade sparingly and only trade the big high odds trades.
3. Stops and Profits
Stops are easy and behind support and resistance. Place them as soon as your currency trading system gives a signal.
If you are long term trend following, keep your stop well back and give the market room to breathe, so you don't get stopped out by random volatility.
You are going to miss the turn but as you can't predict that anyway, that's fine.
Catch 50 - 60% of the big trends and you will become very rich.
Swing trading is another matter.
You're looking for smaller moves and they can disappear quickly, so use a profit target and take your profit early!
Don't worry about perfection of what you might have made - concentrate on making money - no one is perfect but that won't stop you enjoying currency trading success.
4. Managing Your Money
Forex trading is risky, that's why the rewards are so high. Many traders however try and restrict risk so much they create it.
They trade to often have stops to close and move them too quickly and end up losing.
Confront risk cheerfully!
Forget all the common wisdom about risking 2% per trade- if you're trading a $10,000 account that's 200! If you don't risk much you wont win.
If you have a high odds trade risk 20% and have the courage of your conviction.
If you take calculated risks at the right time you can enjoy currency trading success.
FINALLY REMEMBER THIS!
So there you have it the above is a simple system - support resistance and a few confirming indicators and the best systems are.
Keep in mind that forex trading is as much to do with mindset as method and you need to maintain discipline.
Simple currency trading systems are easier to understand, apply and have confidence in which leads to the discipline to follow your currency trading system to long term currency trading success.
Both Les Edwards & Kelly Price are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Les Edwards has sinced written about articles on various topics from Family, Health. Les Edwards and his expert team operate a niche real estate business in Granada, Spain. Spanish Inland Properties SL is the foremost agency in the area specialising in eco homes, cave houses and country homes. For estate agents and rural property in Spain. Les Edwards's top article generates over 1000 views. to your Favourites.
Kelly Price has sinced written about articles on various topics from RSS, Learn Trading and Forex Trading Forex. BECOME A PROFESSIONAL FOREX TRADER FROM HOME GRAB: 2 X CRITICAL PDFS AND MORE For free 2 x trading Pdf's with 90 of pages of essential info and an exclusive. Kelly Price's top article generates over 165000 views. to your Favourites.
Designer Name Brand Clothing The world of online shopping is quickly taking over how men approach buying clothes and it is not hard to see why this method is preferred