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"5 Ways to Drastically Improve Your Resume in 10 Minutes
Follow these quick and easy tips to build yourself a better resume in under 10 minutes flat. * Use strong, action oriented language that describes specific skills or accomplishments. Go through your resume from top to bottom and eliminate weak...
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Word Count= 326 words; Word Wrapped to 55 characters-per line. Anticipation and Strategic Thinking Career development is about constructing a future that grows your professional responsibilities and rewards. The day-to-day nuts and bolts of...
Resumes and First impressions
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your new education or skills and transform them into a job with
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I've spent the last few weeks working in a placement service
trying to help people find that first...
Two Leadership Strategies: Don’t Lose Your Mind & Be A Coach
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Trends and Profitable Trading In The Forex Markets.
The basis behind using technical analysis is to find trends when
looking at the forex charts and be aware of when they first
develop so you can ride the trend until it ends. The foreign
exchange market is a very strong trending market, lots of ups
and downs in short periods of time, and is, therefore, a place
where technical analysis can be very effective.
But even considering the great amount of indicators available,
there are still many traders every week who still end up buying
(being "long") while the currency pair is in a basic downtrend,
or selling short when a market is in a uptrend. This is, they
end doing things backwards.
If you want to become a profitable forex trader you will need
to use as many technical indicators as you want, or create a
personalized trading strategy based off a combination of
indicators, to recognize the trend. In other words, professional
Forex traders try to identify the major trend, the intermediate
trend, and the short-term trend and then
construct their trades
in that direction, based on how long their rules allow them to
hold a position.
If the action of the market shows your judgment to be correct,
the successful trader 'stays with the market' and endeavors to
make the maximum profit on each trade, according to his/her
risk-to-reward / equity management rules. If and when the market
goes against him/her, the smart trader will take profits and get
out. In a narrow market, when prices are not going anywhere to
speak of, but move within a narrow range, there is no sense in
trying to anticipate when the next BIG movement is going to be -
up or down.
In short, if you want to be in good profitable terms with the
forex markets you must follow this words of wisdom: "Never argue
with the market, or ask it for reasons or explanations".
About the author:
Adrian Pablo;Forex trader
and freelance writer.
>> http://www.1-forex.com
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