Partial Close – Scaling Out Forex Profits

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Partial close is a type of exit strategy where the forex trader plan his trade exit in several increments as opposed to closing the entire position at once. Partial close method is performed by closing a portion of it’s overall trade size as the trade becomes profitable and continue to their profit target.

This technique allows traders to capture smaller profits faster while leaving the position open as the market moves farther in their favor.

One major drawback about the partial close method is an imbalance in risk versus reward. When a trader employs the partial close strategy, the amount of profit taken is rarely equal to the amount of risk assumed when the trade is opened.

This partial close method is commonly thought to reduce losses and increase profits, following the idea of banking your profits. However it has an unfortunate characteristic that has nasty effects on your profits.

Consider a trader who trades 10 currency lots at a time and a 40 pip stop loss. His total initial risk on the position is 400 pips. If the trader partial closes half of his positions out with a 50 pip profit, he will have covered 250 pips of the initial 400 pips. The remaining position must be closed out at a profit greater than 50 pips to maintain a risk to reward ratio of 1:1.

Traders usually exacerbate the problem by moving their stop loss to break even after partial close with profit. If their remaining position is closed out at break even, they have risked 400 pips to gain 250. If their next trade is stopped out for the full 400 pips, they have a deficit of 150 pips to overcome on their next trade, assuming they are still trading 10 lots per trade.

The imbalance in risk to reward requires the forex trader who partial close his trades to maintain a much higher success ratio than traders who do not, because just one losing trade can erase the profits from multiple winners. This imbalance ratio will force the forex trader employing this partial close strategy to achieve a high win rate otherwise he will have to a re- look at employing this method as part of his trading plan.

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Posted in: Forex

How to Choose Financial Planners

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Financial planners are primarily responsible for advising their
customers on methods through which they can save, invest and get good
returns for their investments. In fact, they assist their clients to
tackle specific financial goals such as giving them a macro view of
their money, assisting them in buying a new house or giving them an
overview of their relationships with various assets. However, similar to
various other professionals, they also specialize in specific areas as
some of them might be specialists in estate planning whereas other might
provide assistance with their experience on various financial matters.
Despite of such difference in specialization, most of the people usually
confuse them with stock brokers who are professionals with their
expertise in trading stocks. Therefore, as an individual, it is
important for you to understand that financial planners are quite
different from Sydney insurance brokers that help you with only methods
to cut your tax bills.


Any individual in Sydney can hang out a shingle to claim themselves as
experts, but this doesn’t merely make anyone an expert in financial
services. Many of them even write all those funny alphabets with their
names to make people aware about their designation in financial sector.
But, only Certified Financial Planners (CPF) are considered to be the
most professional individuals in this industry. Unlike others, they
undergo a rigorous training that is administered by the Certified
Financial Boards of Standards where they are tested about the essentials
of personal finance. Moreover, in order to match their knowledge with
latest ongoing activities in the financial sector, they are committed
towards continuing with the required education and training that is
conducted on timely basis.

Whether choosing a financial advisor
for your organization or your personal needs, it is recommended that you
choose a certified professional that shows clear signs of credibility
and guaranteed services. You can even take suggestions and
recommendations from your friends or relatives as they can assist you
with your search for a successful and experienced planner. Moreover,
some of them might have been working for their requirements with
financial services in Sydney and might be aware about the pros and cons
on investing in different areas to reap profits. In addition, you can
follow the below mentioned suggestions.

Conduct a background check


Before hiring any professional, you can conduct a background check by
talking to some of the references and understand the quality of work
delivered by them. In fact, you can also check their reviews through
various online search engines and get relevant information about their
work experience and designation. In order to verify that they hold a
valid certification, you can check with the CPF where you can easily
find their discipline records.

Check their pay structure


It is recommended to avoid commission based advisors that work on
commission basis and do not provide packages that do not give them good
incentives. Moreover, it is also recommended to avoid fee based
advisors. You can find some financial planners that earn one percent on
your annual assets. This can be a pocket friendly option with better
suggestions.

Posted in: Finance \ Tagged: ,

Currency Meter Takes Your Forex Trading Experience To The Next Level

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Currency meter is a very new invention in the world of Forex trading. As the name denotes, it can help the Forex trader to measure the pulse of the market. It detects where and what to trade and thereby help the Forex trader to make informed decision. The long and short of it is that Currency meter helps the trader to completely remove guess work from Forex trading. With Currency meter the Forex trader can say a final good bye to all forms of confusion and avoidable losses in Forex trading. Check it out at
Currency meter is a special kind of customized Forex trading indicator which is developed by Miami stocks to help Forex traders make their dreams of comfortable Forex trading become reality. Miami stocks is a body of seasoned and experienced Forex traders who, in their history of Forex trading, had encountered various forms of swindlers who sell bogus Forex systems that never work.
They had been in the Forex market for sometimes to be able to decipher what a Forex trader needs for successful Forex trading. That is why anything that comes from them can be classified as reliable. You can check out their site to have a preview of what they have to offer.
Currency meter has the capability of doubling your Forex investment. It has been designed to enable you monitor up to 24 currency pairs in the same panel. It has special alert system which gives you alert when a particular currency pair is in the right direction for a trade. It is so designed to even send the signals into your email box.
It spells out exact entry point, exit point, take profit and stop loss. For example: NZD is up across the board. JPY is down across the board. NZDJPY is the perfect pair to buy right now. It simply gives you a very unfair edge in the market. We all know that the bane of Forex traders is their inability to judge rightly the specific direction the market is moving, but with currency meter, you dont need to make any judgment. Currency meter makes the judgment for you and you simply follow. You can sure rely on its judgments because it is designed with the Forex trader in mind.
The beautiful thing about currency meter is that the indicators are color coded, making it very easy to follow. It is so much simplified that it can work perfectly on the free MT4 platform, which is what most traders are using.
In the whole Forex world, no other indicator gives you this kind of edge.
The product: does not make you rich over night, but it is capable of helping you to steadily build wealth over time.

Posted in: Forex \ Tagged: ,

Pallet truck scale – innovation through technology

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Technology and innovation go hand in hand. Although innovation preceded technology as we know it, by a very long time, it would now appear as though each is the driving force behind the other. As technology advances new opportunities to innovate emerge and as innovations take place ultimately a new technical approach sometimes reveals itself.

A pallet truck scale is innovation working for you. With the arrival of a digital scale it became possible to have a light and compact weighing system that could easily be mounted on a pallet truck. This meant that the object to be weighed did not need to be placed on the platform of a weighing scale to just record the weight. The weight could now be recorded as the object was being moved on the pallet truck. Since the movement was required in any case it was now no longer necessary to have a separate routine to weigh the object. And this innovative idea led to saving time and effort that would have been required for the special procedure of placing the object on a weighing scale to record the weight.

A great innovation is one that pays for its cost easily by giving significant savings that are realized in a relatively short period of time. Therefore even if the legacy weighing scale is still in a good condition investing a pallet truck scale makes sense because the savings that will result will justify the expense.

A great innovation gives some obvious benefits and some not so obvious ones which you will realize when you will starting using pallet truck scales for your operations. For example not only do you save on time and effort you also save on space because now you will not need a separate area where a scale can be placed and the weight of the objects be measured.

Pallet truck scales are available in a wide range and you should be able to find one that matches your needs. Since digital scales have been around for a long time they have now proven themselves to be rugged and capable of delivering a great performance over a long period of time. You can see the latest pallet truck scales at www.paylessscales.com.

About Author :

Lawrence has been in the weighing machines industry for the last 14 years. He has been interested in the penetration of digital scales across various market segments. His special area of interest has been maximizing the value proposition of a digital scale. You can know about pallet truck scales & other digital scales at www.paylessscales.com.

Posted in: Innovation

Forex Trading – Trading Potential For the Uninitiated

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Loads of money can be earned from trading in the forex market. But, forex trading should be done wisely using the right market information and trading strategy. Getting into the forex options trading and currency trading business is bound to result in great losses when an inexperienced forex trader gets caught up with the lure of profits alone without any consideration or planning for market downturns. Here are some things to consider before you get into the forex options trading and currency trading business:

1. Educate yourself on the industry that you are getting into. There are online courses that will give you a clear picture of what you are entering. Equip yourself with the basic knowledge about forex trading. Do not skip this step lest you fall into the trap of gambling away your money.

2. Assess your risk appetite. How much risk can you take without becoming too emotional about your money? The level of risk that you are willing to take will guide you in choosing the kind of trading strategy and methodology you wish to employ in forex options trading and currency trading.

3. Find a mentor. This is especially important for someone who wants to be serious in forex options trading and currency trading. While everything that is needed to know about forex trading can be learned from a number of forex trading courses, going into actual trading is a different matter. Being guided by someone who is experienced in making trades can be a good way to get started in a profitable forex trading business.

Timothy Stevens is a Forex Options Trader who owns – He has helped hundreds of people on Trading Forex with Options.

He has recently developed a free e-course showing you a step by step process for starting your Forex Trading easier. To learn how to start Forex Trading with Options without wasting your time and losing more money, visit

Posted in: Forex \ Tagged:

Building a Successful Brand With a Continuous Innovation Cycle

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Innovation is the key to brand success but, it is not limited
to the functional benefits of the brand. A brand that sets the trend
rather than reacting to them is likely to be seen as different and more
popular. What is it about Coca-Cola, Microsoft, Starbucks, Disney, and
McDonald’s that they are a huge success? What makes a consumer buy one
product over another? They have all experienced uncommon success based
on innovation. Building a good brand is more than just creating a logo,
tagline and using a specific color scheme to put on your company’s
packaging, bags and letterheads. Successful branding is more about
building trusting relationships and emotional connections with your
customers.

Enterprises usually tend to promise the best service
or the lowest price, but that’s not enough, because everybody makes
those promises. To make a successful brand, constant innovation is
vital. Brands are among the most important assets that a business can
own, and strong brands can ensure business continuity in times of
difficulty. A brand must relevant to their customers, contemporary and
appealing at every span of time. For this, a company has to constantly
innovate.

Steve Jobs once told a group of employees, “People with
passion can change the world for the better.” To Steve Jobs, people who
buy Apple products are not “consumers.” They are people with hopes,
dreams and ambitions. He builds products to help people achieve their
dreams.

Innovation, very simply put, is a new way of doing things
that result in positive change. Innovation can become an inherent part
of your brand when you think differently about addressing your business
challenges, to beat the competition and stay successful. Branded
innovation is actually incremental and is developed in response to
market opportunities-as people moved from cassette to CD, the Sony
Walkman became the Sony Discman. Kellogg’s launched Nutrigrain to bring
us breakfast in a bar.

Every
company must innovate to steer ahead of the competition and in the
process build a successful brand. Sony has demonstrated an ability to
capture the imagination and enhance people’s lives. It built a
successful brand with continuous innovations. The company has been at
the cutting edge of technology for more than 50 years, and has
positively impacted the way we live. Sony innovations have become part
of mainstream culture, it continues to fuel industry growth with the
sales of innovative Sony products, as well as with the company’s
convergence strategy. Sony has moved with the times and introduced
products like VAIO notebooks that raised the bar in both form and
function; digital cameras that capture pictures on a floppy disk, and
many more.

Enterprises understand that it is important to move
from idea capture to execution of the idea, and with the help of
successful idea management services, it is easier to create a successful
brand.

Posted in: Innovation \ Tagged: , ,

Working method of Employment Tribunal

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In this period of employment crisis many employers removes the employees from job without any reason by creating some reasons for removing them from job. Employment tribunals are how disputes between employers and workers take place after other attempts to resolve a conflict have failed. The courts are usually a last resort to resolve issues between employers and workers. It is important to know how courts work and the entire procedures.

Employment Tribunal process in general is given below:

Employment Tribunals are made up of a committee of three, a judge and two lay complete with extensive experience in labor disputes. There is no charge for the use of a court, but it will still be the cost of attorneys’ fees of each party. The cases have not been claimed against more than three months from the date of the incident happened will not take into consideration unless there is any kind of unforeseen circumstances. Once a decision has been made is legally binding and both parties must respect this decision.

There are a variety of different topics that can be taken before the Labor Court. The most common complaints are as follows:

Redundancy Equality issues Discrimination Dismissal without prior notice or reason Breach of contract Disciplinary procedures Maternity or paternity

Alternative Dispute Resolution

If a dispute is always a mutual interest in ensuring that you are trying to resolve the situation before the court. There are many types of alternative dispute resolution that can spread very fast. It is always helpful to consider the following methods before resorting to an employment tribunal:

1.ACAS Advisory Conciliation and Arbitration is the main methods of pre-complaint conciliation. They will try to solve the problems between the employer and employee before going to court. They will give advice and suggests possible methods to solve the issue by discussion or any other means without going to court. If the matter was settled through ACAS, then both employer and employee must sign a legally binding agreement for avoiding further problems in future. If the agreement is violated by both sides, then the other party has the right to sue for breach of contract. This agreement is good option to avoid minor issues after the settlement. 2.Other effective method of dispute resolution is a compromise, and this is a legally binding solution, to provide compensation or a reference to the dissatisfied party. Compensation will be usually made by the withdrawal of the claim by one party. You must inform Employment Tribunal in writing, and the second party involved in the dispute, if you accept a compromise. Here one party has to accept the terms of other party and have to come in mutual understanding to avoid future problems. This will work out in few cases only because it is not that much easy that one party will agree with the terms and conditions of the other easily. Issues relating to employment tribunal must always be resolved with the help of a lawyer specializing in employment.

Employment Tribunals hope you will appreciate the practical advice within this guide on employment tribunal rules. We believe that the specialist experience we provide allows any claimant or respondent to have the benefit of effective representation throughout the employment tribunal procedure and rules.

Posted in: Employment \ Tagged: , , ,

Same Day Cash Advance Loans Instant Financial Loans For Your Benefit

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A cash crunch in the middle of the month is nothing new and most salaried individuals, running their family on a fixed budget might have faced such a situation. The most important action during such times is the instant arrangement for alternative source of cash and a financial loan seems to be the best option available. Financial loans, however, have the drawback of having long drawn processes which are highly time consuming and the borrower cannot get immediate access to the funds, thereby defeating the purpose of applying for the loans to meet short term expenditures in between two consecutive paydays. To get over this handicap of time and extensive processes, lenders in the money market offer the same day cash advance loans to borrowers looking for immediate access to funds.

The lenders offering the same day cash advance loans usually have their own online websites which form the best source of information on these loans. Any potential borrower could gather every information he needs and accordingly, apply for the same day cash advance loans through a simple, online application form. The form will only take a few minutes to fill and requires basic personal and financial information about the borrower. The lender promptly gets back to the applicant once the application has been received and gives instant approval decisions on the loan, after verifying the information provided. The borrower can then get instant access to the loan amount within 24 hours of the loan approval. The loan amount can be utilized by the borrower to meet any urgent cash requirement which he may be having, till his next salary cheque gets credited on the next payday.

The same day cash advance loans are a perfect financial solution for every category of borrowers, as the lender does not require any documents to be faxed to act as proof for information provided. Hence, even borrowers who are suffering from a bad credit history and find it difficult to get access to ready cash from other lenders, can take the advantage of these cash advance loans to meet any urgent requirement for funds. The loan amount may then be used to repay any existing debts which the borrower has, thereby improving his overall credit score. The lender does not place any restriction on the manner of expenditure of the loans and hence, the fund may be used to meet any expenditure which the borrower deems fit.

The repayment of the same day cash advance loans is also easy, as the loan is extended only for a short duration of a week or two and can be electronically repaid by simply placing a post dated cheque with the lender, at the time of loan approval. Also, since these loans are only meant for short term use, they are unsecured in nature and the borrower need not run helter skelter to make any arrangement for collateral against the loan. So, as long as the need is immediate and the borrower has a ready plan to repay the loan, it can be one of the most feasible ways to meet any urgent cash requirement as per the need of the borrower.

Posted in: Finance

Employment – Mercenary Jobs

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To have an idea about what a career in mercenary requires one needs to know what is the meaning of mercenary. The word is derived from merces in Latin which means fees or compensation. They are soldiers hired by an overseas or foreign country. They have played an important role since historic times and have been a part of the security forces since there have been wars. They are known by different synonyms such as overseas security consultants and they work for consultants. They may be rewarding financially and personally, but challenging physically and mentally. The job is not easy. The job involves concentration, dedication and persistence.

It is very easy to bag mercenary jobs. However there are some requirements one needs to fulfill certain paramenters. Some positions require a bachelor’s degree and experience with special military operations. The career path has a lot of potential but it is not advisable for people who want to earn material wealth. The training will be full of intense physical exertions, but that is just the tip of the iceberg. One of the mercenary jobs profile description requires a candidate, while in the army to make progress by working up the ranks or be offered a position on the special operation teams. If a candidate has doubts regarding the duration of his stint in army, three years should be more than enough. One thing the army man must remember is, if his career goals lies towards being a mercenary, he must be honourably discharged before moving ahead. The army only offers higher ranks, but it rarely offers a career path to being a mercenary.

There are other requirements too. One must not forget, he is still a part of the military. So, the requirements are pretty much the same. He needs to keep himself in shape both physically and mentally. Corporations will rarely spend time or show enthusiasm towards ill-kept candidates. The mental challenges are no less complicated than the physical ones.

Once the applicant is prepared, it is time to take the next step. In recent times, most mercenary corporations have had websites. The applicant can send in his application to the website of the company he wishes to work for. Just like every other job application, it is important to do one’s homework and research thoroughly.

There are pros and cons to every job and industry. The pros are, it usually pays very well and there are promotions too. And if the person is excellent in mercenary jobs, he may gain a solid reputation. The cons are very dangerous, at times they can be life threatening. Ultimately, he is a soldier for sale and this is what he needs to remember at all times. He should not let his personal ideals or beliefs obstruct him. He needs to let everything come in second to his country.And most of his work is primarily confidential, so secrecy is of top priority.

Last, but far from the least keeping a clean military record is a way one can be a success at mercenary jobs. The dedication and patriotism to one’s country will help a truly dedicated person to achieve his dream.

Posted in: Employment

New Designs by Foster+Partners

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Info & images: Foster+Partners

Foster + Partners reveal the designs of two of their latest projects – Comcast Innovation & Technology Centre and United Arab Emirates pavilion at the 2015 Milan Expo…

While the former is proposed as $1.2 billion, 59-story, 1,121-foot tower that will neighbor Comcast Corporation’s global headquarters in Center City Philadelphia, and become a dedicated home for the company’s growing workforce of technologists, engineers, and software architects, the later is a contemporary reinterpretation in the sustainable Masdar City masterplan in Abu Dhabi as a site-specific pavilion for the 2015 Milan Expo.

The glass and stainless steel tower of the Comcast Centre, expected to be the tallest building in the United States outside of New York and Chicago is a unique and sustainable model for mixed-use, high density development, which uniquely combines spaces for high tech research and development with recreation facilities and a significant public reception space – a window on Philadelphia.

While the -urban room’ embraces the city at the ground level; it links directly into the below-ground public transport system. Above this, the highly flexible loft-like spaces and studios are designed for a dynamic way of working – an engine for the city’s evolution as the kind of leading technology hub presently associated with Silicon Valley.

Chosen yet again to create the national pavilion for the UAE, Foster+Partners’ design of the proposed pavilion maximizes the opportunities presented by an elongated site – the dramatic canyon-like entrance defined by two undulating 12-metre-high walls will welcome people inside, and the channels between the high walls provide intuitive circulation, naturally leading visitors to the auditorium, exhibition and restaurant spaces

The walls continue throughout the 140 metre site in a series of parallel waves, unifying the visitor spaces within a dynamic formal language designed to evoke the ridges and texture of sand dunes. To convey a distinctive sense of place, the texture of the walls derives from a scan taken in the desert and construction will utilize materials to represent the different shades of sand across the Emirates. The GRC panels are supported by a steel frame, which can be easily demounted and reconstructed for the pavilion’s eventual relocation in the UAE.

The design is further enhanced by interactive displays, digital talks and augmented reality devices that help to bring the story of the Emirates to life; including a special exhibit celebrating Dubai as host city for the 2020 Expo.

The design targets LEED -Platinum’ through a combination of passive principles and active techniques, from rainwater capture on the roof garden to the integration of photovoltaic cells.

to view images click on globalhop.indiaartndesign.com

Posted in: Innovation \ Tagged: , , ,