Forex Trading Strategies Revealed!}

Forex Trading Strategies Revealed!

by

David Whistler

“Easy money” is the allure that captivates many beginning FOREX traders. FOREX websites offer “risk-free” trading, “high returns”, “low investment.” These claims have a grain of truth in them, but the reality of FOREX is a bit more complex.

Mistakes Of The Beginning Trader

There are 2 common mistakes that many beginner traders make: trading without a strategy and letting emotions rule their decisions. After opening a FOREX account it may be tempting to dive right in and start trading. Watching the movements of EUR/USD for example, you may feel that you are letting an opportunity pass you by if you don’t enter the market immediately. You buy and watch the market move against you. You panic and sell, only to see the market recover.

This kind of undisciplined approach to FOREX is guaranteed to lose money. FOREX traders must have a rational trading strategy and not make trading decisions in the heat of the moment.

Understanding Market Movements

To make rational trading decisions, the FOREX trader must be well educated in market movements. He must be able to apply technical studies to charts and plot out entry and exit points. He must take advantage of the various types of orders to minimize his risk and maximize his profit.

The first step in becoming a successful FOREX trader is to understand the market and the forces behind it. Who trades FOREX and why? This will allow you to identify successful trading strategies and use them.

Accountability

There are 5 major groups of investors who participate in FOREX: governments, banks, corporations, investment funds, and traders. Each group has its own objectives, but 1 thing all groups except traders have in common is external control. Every organization has rules and guidelines for trading currencies and can be held accountable for their trading decisions. Individual traders, on the other hand, are accountable only to themselves.

Large organizations and educated traders approach the FOREX with strategies, and if you hope to succeed as a FOREX trader you must follow suit.

Money Management

Money management is an integral part of any trading strategy. Besides knowing which currencies to trade and how to recognize entry and exit signals, the successful trader has to manage his resources and integrate money management into his trading plan.

There are various strategies for money management. Many rely on the calculation of core equity — your starting balance minus the money used in open positions.

Core Equity And Limited Risk

When entering a position try to limit your risk to 1% to 3% of each trade. This means that if you are trading a standard FOREX lot of $100,000 you should limit your risk to $1,000 to $3,000. You do this with a stop loss order 100 pips (1 pip = $10) above or below your entry position.

As your core equity rises or falls, adjust the dollar amount of your risk. With a starting balance of $10,000 and 1 open position, your core equity is $9000. If you wish to add a second open position, your core equity would fall to $8000 and you should limit your risk to $900. Risk in a third position should be limited to $800.

Greater Profit, Greater Risk

You should also raise your risk level as your core equity rises. After $5,000 profit, your core equity is now $15,000. You could raise your risk to $1,500 per transaction. Alternatively, you could risk more from the profit than from the original starting balance. Some traders may risk up to 5% against their realized profits ($5,000 on a $100,000 lot) for greater profit potential.

These are the kinds of strategic tactics that allow a beginner to get a foothold on profitable trading in FOREX.

David Whistler, is in the business of helping people get what they want. If you want financial freedom and the ability to call your own shots, check out the FREE introductory report, Forex Freedom available at

Learn Forex

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Forex Trading Strategies Revealed!

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UK Jobcentre call centre staff on 48-hour strike

Saturday, January 22, 2011

As-announced Wednesday evening, 3,500 staff from UK Jobcentre plus call centres engaged in a 48-hour walkout. Centres in Newport and Glasgow were picketed by members Thursday and Friday mornings as part of a coordinated strike at seven of the thirty centres handling benefits and unemployment-related queries for the UK public.

Wikinews spoke to Katrine Williams, one of the representatives of the Public and Commercial Services Union (PCS), and a member of the Civil Service since 1991, to establish the grievances leading to the public-sector industrial action.

Balloted in December, over 70% of PCS members voted in favour of strike action; according to Williams, this forced minor concessions from call centre management, but left staff being constantly monitored. With a target of five minutes or less to handle any query related to Job-Seekers’ Allowance, staff have been threatened with disciplinary action should they take too long for calls. Williams expressed concern that, with many claimants, it took longer than this to simply establish what the issue was for a member of the public calling in.

The number provided for the public to call in relation to benefits is an 0845 number, usually charged at a local call rate when dialled from a landline within the UK; for many claimants, they may only have a mobile phone and be subject to higher charges, or even in a position where a benefit payment has been delayed, and this is their sole contact with the Department of Work and Pensions (DWP) when they may be in financial difficulty.

Both Williams and David Coventry, who spoke to the UK Press Association, feel let down that their members’ expertise is being dismissed; that what is the only option for the unemployed, and a public service, is being managed as-if a commercial enterprise. This, according to Williams, is the prevalent attitude for approximately ten years; managers previously in the private-sector constantly describe the service as a “business”, and members of the public requiring assistance as “customers”.

In describing negotiations with management to avert industrial action, Williams stated: “contact centre managers are [the] worst [within the DWP]”, and they, “renege on verbal agreements”.

The centres hit by strike action are: Bristol, Glasgow, Makerfield near Wigan, Manchester, Newport, Norwich, and Sheffield. Williams stated that a failure on the government’s part to resolve the dispute could lead to further action involving the full 30 call centres operated by the DWP. In combination with threats of action by passport office staff in the PCS union, the UK’s current coalition government may be faced with significant disruption to essential public services at a time when unemployment figures are climbing.

When Wikinews contacted the DWP press office, only a prepared statement was available. Forwarded to Wikinews by Elise Simpson, the department expressed disappointment at industrial action being taken by staff, stating: “only 21% across the centres” were taking action. Appeals for further clarification, and answers to other queries were not returned. Considering the union selectively took action at seven of thirty centres, it would appear the walk-out at those was virtually all staff. Calls to the Jobseekers’ 0845 number gave no indication calls may take longer to be connected to someone able to assist with a query or claim.

In late December, Brendan Barber of the Trades Union Congress warned that 2011 may be a year where the UK faces widespread public-sector industrial action. £81 billion (US$128 billion) is set to be cut from the UK’s expenditure, with the possible loss of over a quarter million public-sector jobs.

Wikinews interviews Frank McEnulty, independent candidate for US President

Saturday, February 16, 2008

While nearly all cover of the 2008 Presidential election has focused on the Democratic and Republican candidates, there are small political parties offering candidates, and those who choose to run without a party behind them, independents.

Wikinews is interviewing some of these citizens who are looking to become the 43rd person elected to serve their nation from 1600 Pennsylvania Avenue NW.

First off is Long Beach, California’s Frank McEnulty (b. 1956), a married father of two with an MBA (Venture Management) and BS (Accounting/Finance).

Wikinews interviews Frank McEnulty, independent candidate for US President

Saturday, February 16, 2008

While nearly all cover of the 2008 Presidential election has focused on the Democratic and Republican candidates, there are small political parties offering candidates, and those who choose to run without a party behind them, independents.

Wikinews is interviewing some of these citizens who are looking to become the 43rd person elected to serve their nation from 1600 Pennsylvania Avenue NW.

First off is Long Beach, California’s Frank McEnulty (b. 1956), a married father of two with an MBA (Venture Management) and BS (Accounting/Finance).

Network And Cabling Solutions The Custom Made Solutions To Meet Your Needs}

Network and Cabling Solutions -The Custom Made Solutions to meet your needs

by

Ahmed Basha

With the world going wireless on most of the occasions, the strong wired networking has not lost its place yet. Due to the higher data transfer speeds of the wired networking, which the wireless networking is trying to catch up with, the former is still the preferred form of networking. However, with the WAN connections, one can rely on anything but wireless connectivity alone ( at least for the across the globe WAN connections).

Different Types:

Fiber optics cabling: Fiber optic cables are slowly replacing the traditional copper cables due to its higher data transfer speeds and bandwidth. These cables have a glass or a plastic fiber or fibers running inside a non-conducting plastic tube, which is in-turn placed inside a protective non-conducting tube. The glass fibers carry the light pulses across the cable there-by resulting in high data transfer speeds. Moreover, they have a long run, i.e. they can be used for data transfer across long distances. There are three types of Fiber optic cables- Single mode, multi-mode and Plastic Optical Fiber (POF).

Copper cables: A copper conducting wire in one or more in number are twisted or braided together, which is used inside a protective non-conducting wire. There are many kinds of copper cables such as the twisted pair cables and the coaxial cables, which are more frequently used during networking. The UTP (Unshielded Twisted Pair) cables are popularly used in the Ethernet LAN connections.

CCTV systems cabling: We all know of the CCTV cameras that are taking the world by a storm. Selecting the right cable for the CCTV networking also makes a huge difference, for example if you are looking for a higher band width, the twisted pair Ethernet cable is an ideal choice.

Structured Cabling: Quite often we might have come across the term called structured cabling in the world of IT solutions. It is basically a huge telecommunications cabling infrastructure, which is more relevant for a building or a campus. It could be providing telephone service or transmitting data across the network. The structured cabling is essentially independent of any devices. Which means unlike the usual practice where the devices are directly connected to the other devices or ports using patch cables, structured cabling is the right opposite. The structured cabling is all about the patch panels and trunks, hardware ports are connected to the patch panel at the top of the rack. The patch panels are then in-turn connected to another patch panels via trunk.

Wireless Networking: Wireless networking is the term we most frequently stumble upon. The most common wireless networks are the mobile phone networks, WLANS (Wireless Local Area networks) etc. It is basically the process with which the devices are connected to each other without the use of cables. They are connected to each other with the help of radio communication. Despite the Wireless connectivity getting all the popularity, the Wi-Fi is not up to the levels of the wired networks yet in terms of the data transfer speeds.

Network and Cabling Solutions Dubai – Reliable and Secured Network Cabling Services and solutions in Dubai from VRS Technologies. Call @ +971 4 3866012 for ethernet cables, network cable installation.

http://www.vrstechdxb.com/network-cabling.html

Article Source:

eArticlesOnline.com

}

Cisco sues Apple for iPhone trademark

Friday, January 12, 2007

The iPhone only made its appearance as a prototype and there have been controversies aroused.

The dispute has come up between the manufacturer of the iPhone (which was resented on Wednesday for the first time) – Apple Inc. – and a leader in network and communication systems, based in San JoseCisco. The company claims to possess the trademark for iPhone, and moreover, that it sells devices under the same brand through one of its divisions.

This became the reason for Cisco to file a lawsuit against Apple Inc. so that the latter would stop selling the device.

Cisco states that it has received the trademark in 2000, when the company overtook Infogear Technology Corp., which took place in 1996.

The Vice President and general counsel of the company, Mark Chandler, explained that there was no doubt about the excitement of the new device from Apple, but they should not use a trademark, which belongs to Cisco.

The iPhone developed by Cisco is a device which allows users to make phone calls over the voice over Internet protocol (VoIP).

Apple introduces iPhone and Apple TV

Wednesday, January 10, 2007

Apple Inc. today has introduced the much-anticipated iPhone at the Macworld Conference in San Francisco.

The iPhone is claimed to be “a revolutionary mobile phone” as stated on the Apple website. The device appears to be running a mobile version of the Apple operating system Mac OSX. It is approximately the same size as a 5th generation iPod, it has a 3.5-inch LCD touchscreen display that is used to access all features of the phone including number dial, as well as making phone calls. The iPhone plays music, movies, displays pictures and is able to connect to a wireless network.

Apple CEO Steve Jobs unveiled the device by walking onto the stage and taking the iPhone out of his jeans pocket. During his 2 hour speech he stated that “Today Apple is going to reinvent the phone, We are going to make history today”.

Today Apple also released their Media Center device – Apple TV. It will directly compete with Microsoft’s Media Center operating system. Apple has taken a different approach to the media center market; rather than storing content (such as movies, music and photos) on the device, Apple TV connects to a computer (Mac and Windows) over a wirless network connection and plays all content stored on that computer. This makes it substantially easier for users to organize their media content.

Mactutor: All Filemaker Solution By Custom Filemaker Developer

Submitted by: Scot Yardi

This is a world of technologies, in this era we need specific type of software and applications. As a Filemaker developer Mactutor creates a rainbow of solutions including, website content management, internet e-commerce, business workflow, inventory management, business automation, filemaker conversion, Database management, Sales tools, and marketing management, accounting and software developer tools.

Our Three Development Specialties

FileMaker Business Systems

Custom Filemaker software solutions developed with FileMaker Pro which is User-friendly, painlessly easy to use and made to fit 100% your Organization s exact needs. Whether your organization needs a tremendously robust enterprise level system, a web-based system, a multi-user solution or just a simple database, we can build it exactly as you need it.

FileMaker Mobile

Given the launch of the iPad and the iPhone we have become impeccably versed in mobile development, making sure our clients can become as fully connected as today s technology allows. Utilizing FileMaker Go we connect your office databases with any field employee, Customer or follower. For example, your sales reps can access the office data instantly, your customers can check on the status of their orders, Prospective clients can sign up for your services, and the horizon is literally endless, as technology allows in today s World. The future arrived!

YouTube Preview Image

All businesses need mobile presence now.

FileMaker Financial Integration

Credit Cards Processed from Your System.

Now you can process your customers credit cards with your existing FileMaker System. No need to even leave the system to enter credit card data and get an approval. QuickBooks Connected to Your FM System.

If you want to eliminate double entry by exchanging data between FileMaker and QuickBooks we can do that for your organization. This can save time and energy by eliminating double entry of contacts, invoices or sales transactions.

FileMaker has matured into a very powerful and sophisticated tool for developing database solutions while still maintaining a rapid development cycle that is much shorter than other comparable database programs.

You should consider taking this course if you are:

In-house staff comfortable with FileMaker but want to advance your development skills

An expert developer who wishes to fill in any gaps in your knowledge

Planning to become a FileMaker 12 Certified Develope

FileMaker has matured into a very powerful and sophisticated tool for developing database solutions while still maintaining a rapid development cycle that is much shorter than other comparable database programs.

It was originally developed as a personal database application for the Macintosh computer and has since moved tremendously into the Windows market. In an effort to build upon FileMaker’s reputation for user friendliness, FileMaker Pro (now its latest version 11, just released this March 2010) has been purposely redesigned to give you streamlined navigation, charting/reportss, better workflow and timesaving shortcuts. Now managing your information is simpler and more straightforward than ever before.

FileMaker Pro also offers the ability to create a single solution that can be accessed from multiple platforms such as Windows XP, Mac OSX, Palm OS, Pocket PC, and the web. In addition it can serve FileMaker files to both Windows and Mac clients concurrently from Server or Pro running on either platform. It offers support for up to 250 simultaneous clients and provides convenient features like online backup.

We require Junior FileMaker developer for filemaker jobs to remotely from your location OR in-house. Responsibilities include actual development, all administrative tasks related to your job and undergoing training to expand proficiency as a developer. We will provide FileMaker/development training if required skills are present. Competitive salary.

The File Maker Training Series is the official training curriculum from File Maker academy. It offers a series of 12 training modules that cover a comprehensive set of topics designed to help you master the essentials of FileMaker solution development.

About the Author: Myself Scot yardi writes the articles on various categories, I write the content for web sites and ezines for getting exposed globally. I wrote this article to promote my site

mactutor.net

Source:

isnare.com

Permanent Link:

isnare.com/?aid=1666951&ca=Business

Countries around the world send aid, help to Haiti

Thursday, January 14, 2010

Countries and organizations from around the world are sending aid and help to victims of the devastating 7.0 magnitude earthquake that struck Haiti on Tuesday, damaging many buildings. The death toll is currently unknown, but estimated to run into the tens of thousands of people.

US president Barack Obama said in a press conference that “I’ve directed my administration to launch a swift, coordinated and aggressive effort to save lives and support the recovery in Haiti.”

Obama announced that aid from the US armed forces was coming to Haiti, noting, “Several Coast Guard cutters are already there providing everything from basic services like water, to vital technical support for this massive logistical operation.”

Obama continued: “[…] today, I’m also announcing an immediate investment of $100 million to support our relief efforts. This will mean more of the life-saving equipment, food, water and medicine that will be needed. This investment will grow over the coming year as we embark on the long-term recovery from this unimaginable tragedy.”

Obama said that the US would forge partnerships with Haitian people and Haitian-Americans, along with United Nations peacekeepers. He closed by saying, “To the people of Haiti, we say clearly, and with conviction, you will not be forsaken; you will not be forgotten. In this, your hour of greatest need, America stands with you. The world stands with you.”

The UN Secretary-General, Ban Ki-moon said that $10 million is being released from the international organization’s central emergency response fund.

Meanwhile, the UN’s World Food Programme (WFP), which already has an existing operation in the country, is beginning to distribute high energy biscuits which require no preparation before eating. On top of that, the WFP is airlifting 86 metric tons of food from their emergency hub in El Salvador.

A spokesperson for the WFP said, “In a normal day the World Food Programme will be feeding one or two million people in Haiti — and now we need to do even more, because the people have lost everything.”

China is also pledging aid to the country, despite the lack of official diplomatic ties between the two countries. Haiti recognizes the Republic of China, better known as Taiwan. Nevertheless, China has sent a 60 member search and rescue team to Haiti and the Chinese Red Cross is donating one million dollars in emergency aid.

Chinese Foreign Ministry spokesperson Jiang Yu said her country expresses sympathy to the Haitian government and people. Jiang says the Chinese foreign minister has sent a telegram of condolence to his Haitian counterparts.

An 80 member team from the United Kingdom of search and rescue specialists has arrived in Haiti to help in efforts there. British Prime Minister Gordon Brown said in a joint press conference with Toaiseach of Ireland Brian Cowen that the team has arrived in the country. He also announced that the government is pledging to match the UN’s US$10 million (£6.1 million).

Brown said, “It is a tragedy beyond imagination and there is a deep sense of loss felt by the whole of the British and Irish people about the tragedy that individual families in Haiti are experiencing at the moment. We send our message of sympathy and support to the people of Haiti at this most difficult of times.”

He added, “Where men, women and children are suffering under the heaviest of burdens, that place must, for that moment, become the centre of our world’s attention, the world’s compassion and the world’s humanitarian help.”

France is also sending aid to the French-speaking country, which at one time was a colony of France known as Saint-Domingue. France is sending two planes with rescuers and aid. Civil safety authorities in France are sending a team of 130 members consisting of rescuers, trained rescue dogs, doctors and nurses along with 12,000 tons of aid and rescue supplies.

Israel is sending rescue forces in two El Al planes carrying a 121-member delegation that includes 40 doctors, five search-and-rescue teams, and an army rescue squad. The IDF medical teams are preparing to spend two weeks in Haiti.

Spain has pledged $4.3 million (3 million) in aid money and has 150 tons of aid ready to be delivered.

South Africa is sending a team of search and rescue specialists to Haiti in response to the devastating earthquake on Tuesday. It is the first of several teams being sent by a local civic group.

The head of South Africa’s Gift of the Givers Foundation, Emtiaz Sooliman, says his group is sending up to three teams of search and rescue specialists to Haiti to help victims of the earthquake and hopefully save some lives.

“These are people who have worked with building collapses, urban search and rescue and some of them have been involved in responding to previous earthquakes so they are highly skilled,” he said.

Sooliman says a second team is to depart as soon as he can book a flight for it.

 This story has updates See Haiti relief efforts: in depth 

Baby attacked by dog in New York

Saturday, January 5, 2008

An eight-month old boy, Andrew, was attacked and killed by a Doberman pinscher in Brooklyn, New York. The dog was a three-year old named Mackabee, who is also neutered.

The grandmother was babysitting the boy. While she was in the kitchen she heard the boy scream and ran next door to a neighbor for help. The neighbor took the dog off the boy, rescued him and brought him to his house to try and perform CPR on the boy, while he called 911 for help.

Police said the baby’s head was in bad shape and the dog broke the boy’s skull. Andrew was sent to Kings County Medical.

The doctors tried to save his life by working on him for nearly an hour, but the boy died at 3:06 pm local time. The parents of the child were not home at the time of the incident. The dog was shot with a tranquilizer and was sent to a care center. The city Department of Health is investigating. The dog may have to be put down because of the incident.

According to the US Centers for Disease Control, the Doberman Pinscher is not frequently involved in fatal attacks on humans in comparison to several other dog breeds such as German Shepherd Dogs, Rottweilers and others.