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Edwin Urbina and Krystal Straw Sentenced in Connection with Murder
MORRIS COUNTY — Morris County Prosecutor Robert J. Carroll, First Assistant Prosecutor Maggie Calderwood, Chief of Detectives Robert McNally, and East Hanover Chief of Police Christopher F. Cannizzo confirmed the sentencing of Edwin Urbina, 29, and Krystal Straw, 29, in connection with the beating death of Straw’s three-year-old son. On January 12, 2023, Straw appeared before the Honorable Stephen J. Taylor, P.J. Cr. and entered an open plea of guilty to two counts of second-degree Endangering Welfare of a Child, three counts of third-degree Hindering Apprehension, third-degree Tampering with a Witness, and fourth-degree Tampering with Physical Evidence. On March 1, 2023, a jury returned a guilty verdict for Urbina following a seven-day trial. The defendant was found guilty of first-degree Murder with an Aggravating Factor, three counts of second-degree Endangering the Welfare of a Child, third-degree Hindering Apprehension or Prosecution, two counts of third-degree Tampering with a Witness, and fourth-degree Tampering with Evidence. On March 16, 2023, Judge Taylor imposed sentences for both defendants during separate court proceedings. Urbina was sentenced to an aggregate sentence of Life imprisonment without eligibility for parole plus 20 years subject to 10 years of parole ineligibility. The sentence shall be served in a maximum security prison. Straw was sentenced to an aggregate sentence of 18 years imprisonment subject to five years parole ineligibility. Prosecutor Carroll said, “These sentencings bring to a close this terrible and tragic crime. Justice has finally been done for little 3-year-old Liam.” Prosecutor Carroll would like to thank and acknowledge the agencies that participated in the investigation that led to the successful prosecution, including the exhaustive efforts of the East Hanover Police Department, the Morristown Police Department, the Morris County Sheriff’s Office, the Federal Bureau of Investigation, the Essex County Prosecutor’s Office, the Morris County Medical Examiner’s Office, and various Units in the Morris County Prosecutor’s Office in working together to investigate this incident leading to the guilty verdict. The Prosecutor would also like to, especially thank Assistant Prosecutor Tara Wang and Senior Assistant Prosecutor Kelly Sandler, who tried this case in court, and MCPO Detective Matthew Belcastro and East Hanover Det. Lt. Andrew Underwood for their outstanding efforts in the prosecution of this case.
Mathnasium Celebrates Re-Grand Opening on National Pi Day
PARSIPPANY — Mathnasium celebrated a re-grand opening ribbon cutting of their new location, 135 North Beverwyck Road, Lake Hiawatha. Mathnasium also celebrated Pi Day with a party with over 100 attendees.Pi Day celebrates the number 3.1459 that goes on and on…It’s the numerical value of the ratio of the circumference of a circle to its diameter.
Joining in the celebration was Parsippany-Troy Hills Mayor James Barberio, Parsippany-Troy Hills Council President Loretta Gragnani, Parsippany-Troy Hills Economic Development Chairman Frank Cahill, Parsippany Area Chamber of Commerce President Robert Peluso and Board Members Nicolas Limanov and Ildiko Peluso.
The event was attended by over 100 people, including students, siblings, friends, and parents. The celebration included various fun Pi-related activities. Some included visualizing Pi through jewelry making, a Pi word search, and making your dessert pies. One of the kids’ favorites was the Pi memorization contest. The person that memorized the most digits of Pi got to pie the instructor of their choice in the face! This year’s winner was Aditri Priya, who selected Chris, one of the kids’ favorite instructors, to get pied! There was pizza for dinner and rewards for the kids after completing their activity cards. It was a really fun night for all involved! The kids can’t wait for the next one! Mathnasium was established in 2002 and operates over 1,000 Learning Centers nationwide, providing the best private math tutoring nearby. Larry, a teacher, a curriculum consultant, and Mathnasium’s expert on the team, spent years refining math teaching methods. They have designed fun and engaging techniques to help children understand math easily. Mathnasium has highly experienced and qualified math tutors who teach after-school mathematics programs. Danna Seyam, the owner, graduated with honors from Rutgers Business School with her bachelor’s in Accounting. She is a Certified Public Accountant and worked in Corporate America for ten years. She started as an Auditor for PriceWaterhouseCoopers and continued her career in accounting in the banking industry at Barclay’s and CIT. While working as a CPA, Danna always felt like something was missing. She wanted more than helping the large companies and realized what it was one day while volunteering with Barclay’s reading to kindergartners in the Bronx. As the kids sang a thank you song to the volunteers, Danna realized this was missing in her life, empowering young minds to become our future. She always had the desire to become a teacher. After that experience with the kindergartners, her passion for helping kids was re-ignited. That passion, along with her business background, inspired her to open up a Mathnasium. Mathnasium’s commitment to teaching kids math in a way that makes sense and Danna’s love of math was the perfect fit. She believes that helping a child become more confident in math not only helps them get better grades but truly makes them more confident overall, giving them the opportunity for bigger dreams and the conviction that they will be able to achieve them.
John Lorenzo, Center Director, graduated from Rutgers University and majored in Mathematics. He has extensively undergone a variety of teaching classes and mathematics courses, including Calculus I-III, Differential Equations, Advanced Calculus I & II, Geometry, Linear and Abstract Algebra, and Probability and Statistics. He has worked with children for over 16 years and actively volunteers as a mentor through the Big Brothers Big Sisters program once a week. His passion for mathematics is rivaled only by his passion for teaching it. He commits himself to ensure each student attains a firm conceptual understanding of the topics.
Interfaith Food Pantry to Host Spring Gala
MORRIS COUNTY — The Interfaith Food Pantry Network (IFPN) will host its annual spring gala Sustaining Hope, at 6:30 p.m. Friday, April 21, at the Birchwood Manor at 111 North Jefferson Road, Whippany. Tickets to this fundraising event are $250 each and include a cocktail reception, dinner, silent and live auctions, table prizes, and DJ and dancing. They can be purchased by clicking here. IFPN will honor Barclays, a British universal bank, as its Outstanding Service Award recipient for its partnership in the execution of IFPN’s strategic efforts. The Margaret A. Darrin Charitable Trust will receive the Pantry Partner Award for funding the expansion and renovation of its Healthy Choices Marketplace and Resource Center. IFPN volunteers and Chester residents Chris and Jim MacDonald will receive the Neighbors Helping Neighbors Award for their long-term commitment and support of the IFPN over the last 20 years for their work, including Chris MacDonald’s dedication as a trustee. “The individuals and organizations being honored have made significant contributions to our organization, in time, talent, and treasure, and have impacted the lives of thousands of people in our community, improving their health, financial stability, and well-being,” said Executive Director Carolyn Lake. Through the pantries, they operate and their mobile network partners, the IFPN accommodated more than 31,000 household visits. The event will also celebrate IFPN’s plans to welcome its clients back into its newly expanded and renovated Client Choice Marketplace this summer for the first time since the onset of the Covid-19 pandemic. “Our new marketplace will feature an expanded and updated waiting area for providing client resources and a client-choice pantry that empowers our guests to choose healthy foods that they know their families will use and enjoy,” Lake said. The evening will highlight IFPN’s current goals and achievements over the last year, including expanding its cold storage units by 550 percent and distributing 1.7 million pounds of nutritious food, including 673,000 pounds of fresh produce. Proceeds from Sustaining Hope will fund IFPN Healthy Choices Marketplaces and Mobile Network programs providing healthy food to the ever-growing number of families facing food insecurity and hunger throughout Morris County. The IFPN is currently experiencing a 49 percent increase in client visits in January 2023 as compared to January 2022, and IFPN staff expect this trend to continue as clients face high inflationary costs while concurrently likely, many SNAP recipients are facing a decrease in their benefits as federal emergency allotments reach an end this month. Pantry clients include low-income working families, seniors living on fixed incomes, people with disabilities, and those suffering from illness or job loss.
New Jersey Highlands Coalition Hosts Spring Car Trek
PARSIPPANY — The New Jersey Highlands Coalition (NJHC) invites the public to explore the region’s scenic vistas and natural beauty during its Spring Car Trek on Saturday, April 15. Participants will meet at 10:00 a.m. at the Reservoir Tavern, 92 Parsippany Boulevard, Parsippany, the iconic circa 1936 roadhouse, to receive a tour packet and turn-by-turn directions before setting out in their vehicles to drive the 57-mile route. The trek will conclude at about 1:00 p.m. in West Milford, with an option to join fellow trekkers for lunch and conversation. The Spring 2023 Car Trek theme is Reservoirs of the Highlands, highlighting the numerous reservoirs that more than 6.2 million New Jersey residents depend on for clean, healthy drinking water. As participants drive the expertly crafted tour route, passing deep forests, meadows, historic hamlets, and the steep ridges and narrow valleys that characterize the northern Highlands, they will learn about the Splitrock, Monksville, and Wanaque Reservoirs, among others, and why the Highlands were chosen as the finest “gathering grounds” for so much of the state’s water supply. The route will take participants through the Highlands Core Forest, 320 square miles of the most mature and least fragmented forest in the northern part of the state. Organizers will point out the many prime hiking and outdoor recreation areas. Proceeds from the Car Trek benefit the New Jersey Highlands Coalition, a nonprofit organization based in Morris County. The NJHC works to protect and enhance the vital water and other natural and cultural resources of the Highlands region. The Car Trek is made possible with generous support from the Motorsport Club of North Jersey, the Sports Car Club of America Northern New Jersey Region, and the Raritan Valley Sports Car Club. Tickets are $35.00 per car, which covers the required two-person per vehicle minimum — driver and navigator. There is a suggested donation of $10.00 for each additional passenger. Discounts are available for students and electric vehicles. Full details and online registration are available by clicking here.
Sherrill Secures Funding for Boonton Reservoir Project
PARSIPPANY — Representative Mikie Sherrill (NJ-11) secured funding for fourteen Community Projects she submitted on behalf of NJ-11 in the House Appropriations Committee Fiscal Year 2023 bill, signed into law in December. Community Projects are submitted by state or local governments, government-adjacent organizations, and nonprofits. Ranging from townships, counties, hospitals, and community service organizations, each of these fourteen projects will improve the lives of residents throughout NJ-11. Click here to read the Disclosure Letter. Sherrill obtained a $600,000 grant to enhance and safeguard the water quality of Boonton Reservoir while creating recreational access with a 7.7-mile hiking trail. “The Morris County Park Commission is part of a recreation initiative supported by Federal, State, County, and municipal governments and spearheaded by the project leader, the Open Space Institute, that will provide an increased recreational opportunity to New Jersey residents and visitors. Supporting federal funding for this project furthers Congresswoman Sherrill’s commitment to parks, recreation, and protection of our natural resources,” said David Helmer, Executive Director of Morris County Park Commission. Mayor James Barberio said, “This project has been in the works for some time, and it is very near and dear to my heart,” the Mayor stated. “The opening of this recreation area will be enjoyed by many of our residents and those of other towns for years to come. I appreciate the dedication of all those who worked to see this come to fruition.” “The Town of Boonton is proud to have partnered with Congresswoman Mikie Sherrill, OSI, and the Morris County Park Commission on the Boonton Reservoir Protection and Trail Project. This new outdoor recreation space will be a potential windfall for the town, making Boonton a destination for outdoor enthusiasts. We are grateful for the Congresswoman’s commitment to protecting our natural resources and her dedication to keeping Morris County an incredible place to work, play, and live,” said Town of Boonton Mayor Rich Corcoran. “OSI is proud of our leading role in structuring the long-desired agreement between Jersey City and Morris County and creating the property management plan and formal design for the Boonton Reservoir Protection and Trail Project. We applaud Representative Mikie Sherrill’s recent actions to secure funding toward the completion of the project and appreciate the Morris County Park Commission’s ongoing commitment to realizing the promise of this new outdoor recreational space for area residents and visitors,” said Kim Elliman, president, and CEO of the Open Space Institute.“Once completed, this ambitious but attainable project will provide safe and managed trail access to the site while securing the clean drinking water source for almost 320,000 people.” Other Community Projects are submitted by state or local governments, government-adjacent organizations, and nonprofits. Ranging from townships, counties, hospitals, and community service organizations, each of these fourteen projects will improve the lives of residents throughout NJ-11. The 13 other projects include:
- Borough of Madison Affordable Housing Development
- Chatham Police Department Public Safety Information Sharing Technology Improvement Project
- Collinsville-Tucker Park Improvement Project (Morris Township)
- Community EMS Physician Response Expansion Initiative at Cooperman Barnabas Medical Center
- Family Promise of Morris County’s Housing is Healthcare for Economic Development Project
- JSDD: Life | Home | Tech Project (Essex and Morris County)
- McBride Avenue Roundabout Project (Woodland Park)
- Morristown Medical Center Emergency Department Renovation and Expansion Project
- Pump Station No. 4 Sanitary Sewer Redirection Project (Parsippany)
- Rand Well PFOAS and Perchlorate Treatment (Montclair)
- Student Scholarships to Offset the Effects of the COVID-19 Pandemic at William Paterson University
- Whippany River Regional Improvement Initiative (Hanover Township, East Hanover, Parsippany, and Florham Park)
- Whippany River Watershed Flood Risk Reduction Feasibility Study (Morris County)
Parsippany-Troy Hills Zoning Board of Adjustment – March 8, 2023
PARSIPPANY — Parsippany-Troy Hills Zoning Board of Adjustment – March 8, 2023. Click here to download the agenda. Parsippany-Troy Hills Zoning Board of Adjustment 2023 Members and Term Dates
- Robert Iracane Chairman 12/31/25
- Dave Kaplan Vice-Chair 12/31/23
- Bernard Berkowitz Member 12/31/24
- Scot Joskowitz Member 12/31/25
- Nancy Snyder Member 12/31/23
- Sridath Reddy Member 12/31/25
- Davey Willans Member 12/31/24
- Casey Parikh Alt. No. 1 12/31/23
- Chris Mazzarella Alt. No. 2 12/31/23
- John Chadwick, Planner, John T. Chadwick IV P.P.
- Chas Holloway, Engineer, Keller & Kirkpatrick
- Peter King, Attorney, King Moench Hirniak & Collins, LLP
- Nora O. Jolie, Board Secretary
Luck of the Irish Prevails in Morristown
MORRIS COUNTY — The Morristown St. Patrick’s Day Parade, one of New Jersey’s biggest, returned last weekend with a longtime volunteer and dedicated fundraiser leading the procession. Ryan Dawson served as grand marshal for this year’s parade. The weather forecast was weary, but the St. Patrick’s Day Parade organizers decided to go on with the show! The weather was cold and windy, but hundreds of crowds lined up South Street. Ryan has been an integral member of the parade and finance committees, assisting in raising money for the parade as Finance Committee Chairman. Mr. Dawson is a member and former president of the Friendly Sons of St. Patrick of Morris County. He is a realtor for Weichert Realtors in Morristown and resides in Mendham with his wife, Melinda.
Parsippany-Troy Hills Planning Board Meeting – March 6, 2023
PARSIPPANY — Parsippany-Troy Hills Planning Board Meeting – March 6, 2023. Click here to view the agenda. The Planning Board members are:
Mayor Barberio 12/31/2025 I MayorMichael de Pierro 12/31/2023 III Council Rep. Tom Dinsmore 12/31/2025 IV Regular Dominic Mele* 12/31/2023 IV Regular Gordon Meth* 12/31/2025 IV Regular Nick Napolitano 12/31/2024 IV Regular Ted Stanziale 12/31/2023 Alternate No. 1 Jennifer Vealey* 12/31/2023 II Muni, Rep. John Von Achen* 12/31/2023 IV Regular Vincent Aperawic 12/31/2024 Stuart Wiser Board Planner, ARH Andrew Cangiano Board Engineer, Keller & Kirkpatrick Joseph Garcia Board Attorney, Cleary Giacobbe Alfieri Jacobs Nora O. Jolie Board Secretary
Parsippany Board of Education Student Awards – March 9, 2023
PARSIPPANY — Parsippany Board of Education Student Awards – March 9, 2023.
Parsippany-Troy Hills Township Council Meeting – March 7, 2023
PARSIPPANY — Parsippany-Troy Hills Township Council Meeting – March 7, 2023. Regular Township Council Meetings will commence at 7:00 p.m. All meetings will be held on Tuesday evenings. Council meetings are held at Parsippany Municipal Building, 1001 Parsippany Boulevard. Formal action may or may not be taken at all scheduled meetings. Click here to download the agenda. Any individual who is a qualified disabled person under the Americans with Disabilities Act may request auxiliary aids such as a sign interpreter or a tape recorder to be used for a meeting. Auxiliary aids must be requested at least 72 hours before the meeting date. Please call (973) 263-4351 to request auxiliary aid. Click here to download the 2023 agenda schedule. Mayor and Council Mayor James R Barberio Council President Loretta Gragnani Council Vice-President Michael J. dePierro Councilman Paul Carifi Jr. Councilman Frank Neglia Councilman Justin Musella
Navigating Hope Facilitates “Cover All Kids” Community Outreach
MORRIS COUNTY — Morris County’s unique Navigating Hope mobile outreach program will be joined by an outreach specialist from the New Jersey State Department of Human Services to advance a state initiative to reach all uninsured children in New Jersey. The outreach specialist will try to connect with disadvantaged children under the age of 19 and their families to help educate them on NJ FamilyCare, a federal and state-funded health insurance program created to provide qualified New Jersey residents of any age access to affordable health insurance. The outreach will include two upcoming community visits scheduled for:
- March 21, 10:00 a.m. to 2:00 p.m. at the Dover Board of Education
- Primary and specialty care, including check-ups and other visits
- Hospitalization (both inpatient and outpatient)
- Lab tests/x-rays
- Dental Services
- Preventive Screenings
- Mental Health Care
- Substance Use Testing and Treatment
- Vision Services
- Hearing Services
- Lead Screening
- Family Planning
- Other medically necessary services
Parsippany Deli Prepping for St. Patrick’s Day: Irish Soda Bread
PARSIPPANY — News 12 New Jersey featured Parsippany Deli/Emerald Gifts Ed Hansberry. “Better yet, stop into the deli for the best-corned beef or sloppy Joe sandwich around,” said News12 Anchor Tony Caputo. Parsippany Deli/Emerald Gifts is located at 137 Parsippany Road.
Pennacchio Bill Offers Homeowners’ Tax Break to Mitigate Lead, Asbestos
MORRIS COUNTY — Senator Joe Pennacchio’s legislation to help homeowners remedy dangerous lead and asbestos in their homes has been approved by the Senate Environment and Energy Committee. “This bill will make it easier for homeowners to do the right thing and have trained professionals remediate toxins and carcinogens from their property, ensuring a healthy environment for current and future residents of the property,” said Pennacchio (R-26). “For the health of residents, it is crucial to mitigate the risks of lead and asbestos in the home, but hazard abatement is costly.” Pennacchio’s bill (S-2200) would allow taxpayers to deduct up to $45,000 from gross income for lead paint and asbestos abatement expenses, the cost of replacing water lines that contain lead. Click here to review the bill. “Asbestos exposure has been linked to lung cancer and other serious conditions. This bill will help eradicate these silent threats from our communities,” added Pennacchio. “These unhealthy issues can still be found in homes across the state. Lead can contribute to behavioral and learning issues, slowed growth in children, problems for pregnant women, and cardiac and blood pressure issues in adults.”
Morris County is Accepting 2023 Open Space Grant Applications
MORRIS COUNTY — The Morris County Office of Planning and Preservation has announced that the 2023 grant application for funding of open space projects under the Morris County Preservation Trust is now available on the Open Space Preservation by clicking here. “When you drive through Morris County, it’s easy to see why it is one of the most beautiful counties in New Jersey and a place you would call home. At the same time, it is one of the most economically vibrant counties in the country, as many major corporations also choose to call our county home. Preserving open space is essential to maintaining this balance between the beauty that makes Morris County what it is while maintaining the business footprint that helps sustain our local economy,” said Morris County Commissioner Stephen Shaw, liaison to the Office of Planning and Preservation. The deadline for submitting open space applications and appraisals for 2023 funding is Friday, June 9, 2023. Last year, the Morris County Board of County Commissioners approved recommendations by the county’s Open Space Trust Fund Committee to award $2.13 million in preservation grants for five open space projects totaling 34.60 acres in five Morris County towns. The Open Space Trust Fund, part of the county’s Preservation Trust Fund, has helped preserve 17,838 acres throughout the county since 1994, using $294,557,718 generated by a preservation tax Morris County voters approved in November 1992. “Resident tax dollars preserve open space in Morris County, which is directly evidenced by everything our county offers: well-maintained public infrastructure, top-rated schools, safe neighborhoods, the best park system in the state, and a vast network of hiking trails. When you consider we also have one of the lowest county tax rates in the state, the value your tax dollars provide is even more obvious,” Commissioner Shaw added. In addition to open space projects, the county’s Preservation Trust Fund also helps finance farmland and historic preservation, county parkland acquisition, recreational trail projects, and purchasing residential properties prone to flooding. The review process for grant applications is handled by the Open Space Trust Fund Committee, which visits the proposed sites and makes final recommendations to the Board of County Commissioners by fall. “Any of Morris County’s 39 municipalities and qualified charitable conservancies are eligible to apply for grant funding,” said Barbara Murray, Morris County open space program coordinator. Additional information may be obtained by contacting the Office of Planning and Preservation at (973) 829-8120.
Truck Driver Drifts Over Lane and Crashes into Lexus
PARSIPPANY — Mr. Frank Pichirallo, 73, Parsippany, was traveling westbound on East Halsey Road in the right-hand lane. He was looking for a street sign to complete a delivery. He admitted to drifting from his lane when he struck Ms. Karen Rotola, 55, Randolph, attempting to pass in the left lane. This accident occurred on Tuesday, March 7, at 8:50 a.m. After Mr. Pichirallo struck Ms. Karen Rotola’s vehicle, she went over the eastbound curb and rested on the grass at 90 East Halsey Road. Ms. Karen Rotola was driving a Red Lexus NX3. Mr. Frank Pichirallo’s inability to maintain a lane contributes to the crash. Mr. Pichirallo was driving a 2016 Ford F25 and could drive his vehicle from the scene. The Lexus was towed from the scene by C&L Towing. There was also minor grass damage to the property of 90 East Halsey Road. Patrolman Paul Christal investigated the accident, and no summons was issued at this article’s time.
March Madness at Lakeland Hills YMCA
MOUNTAIN LAKES — Where can you have two hours of free, fun activities for the entire family? Why, at Lakeland Hills Family YMCA, of course! Everyone can enjoy two hours of free family fun on Saturday, March 25, from 1:00 p.m. to 3:00 p.m. Discover the activities, games, and interactions waiting for your family. The afternoon includes a family long-jump competition, Connect Four basketball inflatable challenge, temporary tattoos, a hot shot contest with beach balls, basketball knockout, and hot-shot contests. That’s not all! There is also a family dance party, water hoops in the pool (bring your swimsuits), open swim time, and basketball-themed arts and crafts. The Ys summer camp directors will be available to answer any questions regarding their summer camp program. Additionally, member-service associates will gladly provide tours of the Y facility, including the health and fitness center, free-weight area, teen training center, aquatic center, and Early Childhood Learning Center. In addition to all the great activities, you will also have the opportunity to meet our community partners, including SportsCare Physical Therapy, Sunrise Senior Living at Mountain Lakes, Mental Health Association, Edge, Love More Judge Less, and M&T Bank. From sports competitions to arts and crafts, there is something for everyone to enjoy. The hot shot with beach balls and water hoops in the pool also sounds like a great way to have fun. It’s also nice that community partners will be present, which allows families to learn more about local organizations and resources. Overall, it’s a great way to spend quality time with family and have fun together. The YMCA is a nonprofit organization aiming to build community, develop youth, and create a safe experience for all. The Y strives to strengthen individuals, families, and communities by promoting wellness, mental health, and enrichment through various programs and services. Lakeland Hills Family YMCA focuses on Youth Development, Healthy Living, and Social Responsibility. As a result of their dedication to these three areas, the Y impacts the community by providing quality services to everyone. The Y doesn’t just focus on physical fitness; it strives to improve mental and emotional health by offering programs and resources that promote overall well-being. The Y builds relationships, celebrates achievements, and inspires a healthier community. For over 100 years, Lakeland Hills Family YMCA has been the leading community organization serving thousands of people. For more information on Lakeland Hills Family YMCA, please visit their website by clicking here, or email Rosemary Linder Day, Vice President of Marketing and Membership, at email@example.com. No one serves the community as powerfully as the Y does every day.
The EUR/USD Currency Pair: Ins and Outs of Trading
MORRIS COUNTY — Binary options offer a variety of assets to trade. Among those, currencies are one of the highest-traded assets all over the world. There are a variety of currencies you could base your trade upon. However, the EUR/USD currency pair is the most prominent and renowned currency. The EUR/USD currency pair is the most traded on almost every trading platform due to its high liquidity and tight spread. It is also one of the most popular assets on www.binaryoptions.com. Despite its popularity, many traders are still afraid and intimidated to trade in this currency pair. This is why, in this article, we will be helping you with the ins and outs of the EUR/USD currency pair so that you may find it a bit easier to trade this asset.
How to Trade Eur/USD Currency Pairs?EUR/USD is the short form of euro against the US dollar or the trade of currencies between the European Nations and the USA. The euro is the base currency, whereas the US dollar is the quoted currency. Trading across these currencies occurs in a system where a certain amount of dollars is required to purchase 1 euro. For example, if the currency pair is trading against 1.35, then $1.35 is required to purchase one euro. When trading the EUR/USD currency pair, you will come across two types of price lists given by the broker. The first is the asking price, which is the amount of money you can buy the currency pair for. The second is the “bid price,” which is the price for which you will be selling your currency pair. The difference between these two prices is known as the “spread.” The quote of the currency pair is measured in pips. One pip is equivalent to the quoted spread times 0.0001. For example, if the bid is 1.21246 and the ask is 1.21255, then the spread will be 0.9 pips. You must remember this when trading as for you to win, the spread will have to move by at least 0.9 pips.
Why Should You Trade the Eur/USD Currency Pair?The EUR/USD currency pair is among the most popular trading currencies in the forex market. This is due to several reasons. The first is that these currencies come from very strong economic powerhouses. The US dollar is the national currency of the USA and holds an important value in 10 territories like Panama, Ecuador, and East Timor. Similarly, the euro is the national currency of 20 countries out of the 27 in the European Union. Also, this currency is legal tender in many other places in Europe, like San Marino, Andorra, the Vatican City, and more. To add on, the Euro and the US dollar, along with a few other currencies, serve as the international reserve currencies. This means that banks all over the world hold these currencies as a part of their foreign exchange reserves (forex). However, to break it down, there are three main reasons why trading the EUR/USD is beneficial for traders.
- Market Movements: The exchange rates for this currency pair are constantly evolving due to a number of different factors such as investor sentiment, economic data releases, central bank policy announcements, and more.
- Liquidity: As this currency pair is one of the highest traded all around the world, it allows its traders to easily get in and out of their positions, resulting in high liquidity.
- Trading hours: As this currency pair is a part of forex, this means that it can be traded 24 hours a day. However, at certain times the liquidity of the pair will be much higher than at other times at which trading it will be the most beneficial for the trader.
Strategies That Could Be Used While Trading Eur/USD Currency PairBeing the most popular forex asset in the world of digital trading, there sure is a lot of competition when it comes to trading the EUR/USD currency pair. However, with perseverance, commitment, diligence, and patience, you can surely devise a strategy that will help you gain the most amount of profits. You can use many types of strategies when it comes to trading the EUR/USD, like fundamental and technical analysis, or both. The kind of strategy you use would depend on your preferred approach toward trading, risk tolerance, and experience. However, for your ease, I have listed below a few trading strategies that you could use to master your game at forex.
News Trading Strategy
Follow the Trend
ConclusionThe EUR/USD currency pair is the most-traded foreign exchange pair because it is easy to access, has a lot of volatility, has strong liquidity, and can be traded at any time. However, earning success when trading this currency pair will only come when there’s the right approach, timing, and strategy. When trading this currency pair, half of your success depends on choosing the right timing and keeping an eye on the current news events affecting these currencies.
Parsippany Democrats Announce Council Candidates
PARSIPPANY — Judy Hernandez, Bernard Clarkin, and Matt Kavanagh announced their campaign for the Parsippany-Troy Hills Township Council. Judy, Bernard, and Matt are running to increase transparency, implement sustainable practices, and prevent another 14% municipal tax increase, as passed by our one-party local government last year. Judy Hernandez is a 24-year resident of Parsippany. Judy, an environmental engineer by trade, has decades of local volunteer experience, which has delivered real results for Parsippany residents. Judy has served on the Parsippany Planning Board, the Environmental Advisory Committee, and the Parsippany Child Day Care Center board. Judy is running to bring proven and sustainable environmental and economic strategies to Parsippany, continuing her volunteer service to our community. Bernard Clarkin is a 35-year resident of Parsippany. He is a certified public accountant and has served as chief financial officer of a mid-size service company for over 20 years. He has owned and operated a small business for the last ten years and will bring decades of financial and budgeting experience to the Council. Having spoken out at several Council meetings, Bernard is running to bring more transparency and strong fiscal oversight to our local government. Matt Kavanagh is a 10-year resident of Parsippany. A United States Naval Academy graduate, he is the Parsippany Green Team co-leader and currently serves as a chief operating officer of an energy services company. Matt has dedicated his career to the energy sector, including renewable energy, sustainable solutions, and energy services to facilitate a clean and equitable environment. He has written grants resulting in thousands of dollars in funding for Parsippany. He is running to bring that expertise to our governing body. “I’m excited to endorse this terrific slate of candidates focused on issues that matter to residents!” said Morris County Democratic Committee Chair Amalia Duarte. “They are committed to listening to residents’ concerns and fighting to improve the quality of life in Parsippany.” Judy, Bernard, and Matt have all served in volunteer roles for the township and see how the policies of this one-party government are draining our community’s wallets and patience. In a joint statement, they said, “We’re running for Council to stop astronomical tax increases and put Parsippany on a path to resilience and stability. Our campaign will be about listening to residents and proposing real solutions based on your feedback. We can’t wait to meet you and listen to your ideas for Parsippany’s future!”
Woman’s Club of Parsippany-Troy Hills General Meeting
PARSIPPANY — Woman’s Club of Parsippany-Troy Hills next General Meeting is on Monday, March 27, at 7:00 p.m. The meeting is at the Lake Parsippany Rescue & Recovery Building at 100 Centerton Drive. The guest speaker, Curtis Springstead, is a member of the AARP NJ Speakers Bureau. Curtis will present “Fraud Watch Network – Your Identity, Staying Connected & Protected.” The presentation will be followed by a business meeting, where you can learn more about what we do. For more information, email us at firstname.lastname@example.org, access their website at parsippanywomansclub.org, or call Ginny at (973) 887-0336. Hope to see you there!
Kiwanis Touch-A-Truck Returns
PARSIPPANY — The Kiwanis Club of Greater Parsippany will host its annual Touch-A-Truck event on Saturday, June 17 from 11:00 a.m. to 3:00 p.m. at Liquid Church, 299 Webro Road, Parsippany. The price is $5.00 per person or $20.00 maximum per family. In 2019 over 1,100 children attended the event. Touch-a-Truck is a fundraising event to benefit the Kiwanis Club of Greater Parsippany. Children of all ages can have hands-on experience with various vehicles and interact with community support leaders like police officers, firemen, first aid squad volunteers, sanitation workers and many more! Every child will receive a drawstring bag full of surprises and coupons. Aside from being a great time for the family, this event helps support our major initiatives. Kiwanis International is a global organization of volunteers dedicated to improving the world, one child and one community at a time. Our Parsippany based group supports and sponsors many community causes. Kiwanis Club is looking for additional vendors to participate in this great event and sponsors. For more information click here, or contact Touch-a-Truck Chairman Nicolas Limanov at Ndlimanov13@gmail.com or (917) 499-7299. Interested in sponsorships? Please contact Frank Cahill at (862) 213-2200.