Wednesday, August 3, 2011
The Perfect Storm Part 1 of 6
Forex Trading Strategies That Work
When it comes to the forex markets traders get quite a thrill from executing bids and seeing a positive outcome. By using some well thought out forex trading strategies traders can make their bids with greater confidence. While you may have to test a few strategies to see which work best for you, these are the top trading strategies that professional traders tend to use, with the best results.
If you are looking for forex trading strategies for beginners then this one is for you. Called scalping, this strategy has very little risk attached to it which is why it’s a good strategy for beginners to start with. But because there is less risk associated with it, the returns are also lower. While many traders consider this a negative aspect and choose to avoid this strategy, using when doing forex trading brings in steady, repeated profits. To use this strategy you will first need to find a currency pair and then start a position on it. You will then need to buy or sell a stop order on that trade. If there is a large price movement you will either make a profit or a loss, depending on the price change of the chosen currency pair.
The second strategy is the three day rolling pivot which is used as a reference point to show when you should enter and exit trades. How this strategy works when trading forex is that it shows you how to exit trades that you are losing, as well as when to exit a winning trade in order to avoid it becoming a losing trade. This is generally a pretty easy trading strategy to follow, which is part of its appeal.
If you are looking to make profits then you need to chase the exchange trend. This may lead you to question how you are to know which way the market is going. Professional traders revealed one of their forex trading strategies that use a pivot point to help them identify trends in the market. They can then make long- or short term bids accordingly.
If you are going to start trading you will first need to open a forex trading account. Once you have done this use the above forex trading strategies to help you with successful trading.
Tuesday, August 2, 2011
Start Your Consulting Career With A Bang
Although we may often think of consultants as business professionals, they can also work in technical, educational or other fields. In essence, a consultant is a professional hired by a company to teach or help its employees by using their experience in the field. Consultants are hired to affect changes or lend their expertise to various companies and organisations. Consulting jobs can offer good pay, freedom to work as you like, a chance to help others with your knowledge, and a challenge to those who excel in their field. The first challenge when you start your consulting career is finding jobs.
Companies that hire consultants will often both hire individual consultants as well as teams of consultants from consulting firms. As such, it’s possible to work as an employee for a consulting firm and still work as a consultant for another company. Working for a firm allows you to build up your resume with consulting experience, after which you can go solo. It also allows you to network, which is essential in the world of consulting. The more contacts you have, the more job opportunities you will get.
If you’re a recent graduate and are new at consulting, then you may want to check out career fairs. Recruiters are always looking for recent graduates at career fairs, especially in technological fields. Come prepared looking your best with plenty of copies of your resume on good paper. Show off your professional side and your special skills. These are also great places for talking to people in the industry and learning more about it.
Colleges and universities are often looking for consultants. With college consulting jobs, you may be working with students to lend them some of your real-world experience. These jobs are also great resume-builders.
Research the top companies in your field and send them your resume, telling them that you’re interested in consulting work. Large companies are often looking for consultants to hire on a temporary basis rather than hiring new permanent staff. It’s a great opportunity to get some experience as well as a great resume item.
As a consultant, you’re on your own. For this reason, building your resume is very important. Always look for opportunities to add something valuable to your resume, even if they don’t pay well. They’ll pay you later when it leads to a great consulting job with a high rate attached.
There are increasingly more opportunities for consultants online. Consulting message boards and freelance sites are great places to look for jobs. Look at forums or other places where professionals in your field hang out. Technology and the spread of the internet have created a boom in consulting, partly because location no longer matters as much.
Because of the boom in technology nowadays, it’s much easier to be a consultant than it was in years gone by. You can work from home and cut down overhead costs of renting an office and hiring staff. The important thing is to be good at what you do. You must have knowledge, experience and passion. Be a good problem solver and be flexible. Most of all, you should have a love of teaching others. These are some of the things it takes to find great consulting jobs.
These consulting career tips courtesy of HirePulse, the place where you can launch your career as a consultant, a service provider, a freelancer, or a contractor. If you’re feeling inspired then take a look at this article on Social Recruiting – The Place For Finding A Job Is Online.
Join a Consulting Firm
Companies that hire consultants will often both hire individual consultants as well as teams of consultants from consulting firms. As such, it’s possible to work as an employee for a consulting firm and still work as a consultant for another company. Working for a firm allows you to build up your resume with consulting experience, after which you can go solo. It also allows you to network, which is essential in the world of consulting. The more contacts you have, the more job opportunities you will get.
Career Fairs
If you’re a recent graduate and are new at consulting, then you may want to check out career fairs. Recruiters are always looking for recent graduates at career fairs, especially in technological fields. Come prepared looking your best with plenty of copies of your resume on good paper. Show off your professional side and your special skills. These are also great places for talking to people in the industry and learning more about it.
Colleges And Universities
Colleges and universities are often looking for consultants. With college consulting jobs, you may be working with students to lend them some of your real-world experience. These jobs are also great resume-builders.
Contact Companies Directly
Research the top companies in your field and send them your resume, telling them that you’re interested in consulting work. Large companies are often looking for consultants to hire on a temporary basis rather than hiring new permanent staff. It’s a great opportunity to get some experience as well as a great resume item.
Build Your Resume
As a consultant, you’re on your own. For this reason, building your resume is very important. Always look for opportunities to add something valuable to your resume, even if they don’t pay well. They’ll pay you later when it leads to a great consulting job with a high rate attached.
Look Online
There are increasingly more opportunities for consultants online. Consulting message boards and freelance sites are great places to look for jobs. Look at forums or other places where professionals in your field hang out. Technology and the spread of the internet have created a boom in consulting, partly because location no longer matters as much.
Because of the boom in technology nowadays, it’s much easier to be a consultant than it was in years gone by. You can work from home and cut down overhead costs of renting an office and hiring staff. The important thing is to be good at what you do. You must have knowledge, experience and passion. Be a good problem solver and be flexible. Most of all, you should have a love of teaching others. These are some of the things it takes to find great consulting jobs.
These consulting career tips courtesy of HirePulse, the place where you can launch your career as a consultant, a service provider, a freelancer, or a contractor. If you’re feeling inspired then take a look at this article on Social Recruiting – The Place For Finding A Job Is Online.
Monday, August 1, 2011
Global Manufacturing Collapses To Worst Levels Since Mid-2009
News from last night out of China, coupled with early morning news from Europe confirmed what many speculated: namely that global manufacturing is now in a toxic spiral and absent another stimulus kick from various monetary and fiscal authorities there is no catalyst on the horizon to put the global economy into second gear. As Reuters observes, factories in Asia and Europe all but stagnated in July, according to business surveys that showed the weakest rates of growth since major industrial powers were struggling through the 2009 recession. While stock markets rose on signs of a last minute solution that would avoid a U.S. debt default, manufacturing purchasing managers indexes (PMIs) provided the latest evidence of a slowing global economy. The euro zone manufacturing PMI, which gauges the activities of thousands of businesses, fell to 50.4 in July from 52.0 in June — its worst showing since September 2009 and barely above the 50 mark dividing growth and contraction. Perhaps more worryingly, China’s official government PMI dropped to 50.7 from 50.9 in June, its weakest in more than two years, while the HSBC PMI fell below the 50 mark for the first time in a year — to 49.3 in July from 51.6. Following Friday’s horrendous GDP and Chicago PMI readings these are hardly a surprise.http://investmentwatchblog.com/global-manufacturing-collapses-to-worst-levels-since-mid-2009-markets-shrug-it-off/
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