Profitable Forex Day Trading Strategy

If your a day trader there is a few key components to have if you want a profitable strategy. The first and most important thing is support and resistance lines. Get yourself an indicator to plot out daily pivot points for you, then hand draw trend lines and put in key resistance areas your pivot point indicator might have missed. These lines are your road map for the day. They will tell you if your on the right track or lost in the woods.

You could easily trade with just these things on your chart. Sell when price bounces off resistance and buy when its bouncing off support. Use trend line breaks and bounces to confirm your entries. If price is following a trend line strongly then place trades when price comes close then ride the bounce. If price breaks through a trend line near support or resistance then enter a trade.

If your having problems trading like this then you might have to learn some candlestick patterns to narrow down your entries and increase your win rate. A good day trader knows every candlestick pattern and how the pair he is trading normally reacts after. I'm sure you could get away with knowing some basic formations and stick with major pairs.

using candlestick patterns at support and resistance lines will greatly improve your trading. A profitable day trading strategy is not hard to achieve in the forex market. If you stick to your trading plan and let price action tell you what it wants to do then you can definitely become a profitable trader.

If you are having a hard time go back through your charts and watch how price reacts after candlesticks like pin bars, engulfing bars, dojis, and so on. After you have a good idea go back to practice some more. Trading is like anything in this world, if you want to be good your going to have to practice.

Entrepreneurs - Are You Ready for the Unexpected?

The number of companies failing continues to rise due to various reasons. In a day to day business there are lot's of good progress happens. At the same time there are some unforeseen or unexpected things turn on the face. When such unexpected things popping up, the most important thing to remember is be confident.

To start a business, you have to be confident; many entrepreneurs are driven, motivated and extrovert people. For them, risk is something to be relished or even totally ignored.

The challenge is to understand, the earlier the better, that you need help, specifically in cash flow management. Many entrepreneurs will admit a form of fiscal dyslexia; their eyes glaze over when confronted with a spreadsheet, even if they have a full or part-time finance expert as part of their team.

How You Can Benefit From Coaching If You Are A Small Business Owner

The benefits of coaching are endless: it brings clarity, provides accountability, keeps you on track, helps you discover the right direction, etc. However, different segments of customers benefit from coaching in different ways, and there are naturally some specific benefits for small business owners or even "solopreneurs".

Firstly, let me say, I can easily relate to your struggles and challenges, having been a small business owner for over 6 years. Therefore, I am going to walk you through the aspects of coaching that can be specifically helpful to you and hopefully by the end of the article you will be convinced that hiring a coach is an investment well worth making.

1.) Whether you are a seasoned, successful business owner or a start up, one thing is for sure - throughout the process of running your business you will constantly be questioning your next steps and the decisions you need to make. Sure, you will probably discuss these with your family, friends, or even colleagues if you have any, but the truth is nobody will be able to give you the right answer better than a coach. Why? Because the coach will not give you any answer. The coach will make you think for yourself, to dig deep for the right answer which you have known all along; you just didn't trust yourself enough to take YOUR answer, as opposed to the answers you received from others, as the right one. Imagine how much time you waste by asking around, hesitating and deliberating. One laser-sharp coaching session on the subject will leave you clear and convinced about the best next step.

4 Good Reasons for Drug Tests in the Workplace

The debate over whether the government should have any say in what you do in the privacy of your own home will rage for many a year before anything is resolved. But even those who support the personal use of marijuana and other mind-altering substances miss the point when it comes to drug tests in the workplace. It's one thing to enjoy an alcoholic beverage after work, for instance, and quite another to show up for work drunk. Of course, it can't be ignored that employers have an interest in hiring people who aren't getting strung out every night on substances that could get them arrested. There are quite a few benefits to a drug free workplace. Here are four of them.

Decreased Turnover

Floor Scales Provides Entire Weighing Solutions

Metrics is very important when it comes to providing efficient services and manufacturing highest quality of goods. For a huge manufacturing industry in order to ensure proper storage of goods, transportation of appropriate amount of goods to sectors etc metrics play a very crucial role. Everything has an essential limit and there is a cause for every act we tend to undertake in our lives. A vehicle essentially a truck has a limit beyond which it cannot carry goods. It is very important for employees to weigh the goods and then upload it to the vehicle. Metrics in firms are in the form of data which helps in better analysis and this analysis helps in improving the services quality which essentially leads to business development. Floor scales is one among the important weighing or measuring tools. It is essential for every manufacturing industry.

Without these measuring tools and other appropriate equipments it is very difficult for business firms and manufacturing sites to develop its business by providing efficient services. Floor scales are essentially used for weighing huge amounts of weights. It is essential for a proper warehouse setting. It has the capacity to weigh from one and a half tons to 15 tons. It can also weigh in small scale levels. Its features include a platform size of as small as 3/3 feet or as large as 8/10 feet. You can also customize these scales as per your business requirement for weighing larger quantities. Before the specific load is weighed, a load is placed on the platform which is essentially pallet jacket. Technology has aided and revolutionized our lives drastically. It has also played its part in the manufacturing of these heavy industry's tools and equipments. Today, you have high efficient weighing equipments with special indicators which give you accuracy when it comes to weighing. Precision and accuracy has been the trademark of reputed manufacturing industries off late which has ensured higher efficient end products.

Build a Strong Foundation for Your Followers, by Allowing Them to Trust You

Building trust with people can take time, destroying trust can happen in milliseconds. Any great leader knows that they must always act in a trustworthy fashion toward everyone around them, especially their followers. Trust is the foundation of great leadership; it is the glue that holds any team or organisation together. People may tolerate poor decisions from a leader in the short term, but any leader, who repeatedly breaks the trust of their followers, can never continue to lead and positively influence them.

When any leader makes any commitment or promise to their followers, they must be certain they can deliver on those promises. Too many "MANAGERS" make unrealistic promises to their "SUBORDINATES" about incentives, working condition changes or salary reviews, when they do not have the authority to make these offers. When they are unable to deliver on these promises, they break their trust with their team. This trust is very difficult or impossible to rebuild.

I Want a New Supervisor!

Start a discussion about workplace satisfaction on one of the social media sites and you will very quickly start to read responses from people who are not getting along with their supervisor. These comments fall in one of several categories: my supervisor pays no attention to me; my supervisor is looking over my shoulder all the time; my supervisor is offensive; I don't trust my supervisor. Rarely does the subject bring up positive comments. No surprise. A 2009 study at the University of Florida said half of employees don't trust their supervisor and identified the relationship with the supervisor as a prime reason behind job dissatisfaction. Today, being a supervisor is a tough job. The old rules no longer seem to apply but rarely are the new rules articulated in clear and operational terms.

Top Nail Salon Purifiers - 5 Features That Will Clear The Air In Your Shop

Using the right air purifier to filter chemicals and particles from your air is essential. As clients and staff become more health conscious, it is one of the best things you can do for those who spend time in your salon. Here are 5 important features to look for in an effective cleaner.

VOC Filter---Volatile organic chemicals frequently evaporate into the air from many salon products. They are often what cause the air to smell so awful from several doors away. Being up close and personal with polish, remover, hardener and many of the other products that are used for manicures and pedicures can be scary.

Burning eyes and throat, dizziness, and even nausea are the acute symptoms. And frequent and prolonged exposure that nail technicians experience can cause more serious health problems.

So it is essential that the cleaner have an activated carbon filter. Because carbon is well known for its ability to remove gaseous pollutants it is a perfect match for these types of pollutants. In addition it should also contain an additive (potassium iodide) that will further enhance its ability to eliminate these heavy-duty fumes from the air.

How Advisory Companies Help in Smooth Business Mergers

The rising number of companies dealing in the same products and services has led to a tough competition amongst the same players. To put an end to such a scenario company mergers have emerged as a favorable and profitable trend. This process however isn't as easy as it looks, endless paperwork, process analysis, public announcements, and many more formalities need to be completed successfully only after which the merger can be termed as an official one. This responsibility is taken by companies who are expert in handling corporate acquisitions, bid defense, shareholder reorganization etc. Their involvement in mergers is a must as without them many things will not be possible.

So what exactly do third-party companies do in business mergers? Below listed are a few of the numerous functions they take the responsibility of.

Advisory services: When company mergers take place the companies involved want to take calculated and wise steps. Hence they seek advisory help from experts who can suggest them the right ways of doing so. For instance a company would want to know which other competitor can it merge or acquire so that its business prospers. Not just this even the past history, financial stability of the company and its market reputation needs to looked into. Expert advisory companies take charge of all these crucial tasks and do all the research work for their clients and find them the best options they can invest in and benefit from them in the long run.

Stake sales: When two companies merge the newly formed organization needs share holders because of whom the company can be jointly owned and funds pooled in. The IPO announcement needs to be made and the funds need to be collected through it as well. Investment advisories can take charge of this as well. They carry out the entire formalities and the process in order leaving nothing to worry about.

Business restructuring: When business mergers happen there is a need to completely restructure the newly formed company. This is necessary as two different organizations function differently but once they collide and carry out their business as one team, they need to follow some common norms and the entire process needs to be restructured. Such tasks are complex as they require a thorough understanding of business and the way the two independent companies carried out the functions. The restructuring has to be done in a way that none of the two parties need to compromise on too many aspects and the changes that are implemented are towards a healthy and profitable relationship.

The role play of financial advisory companies is tremendous in case of company mergers and thus companies need to be sure they are approaching a reliable third-party.

Prepare Your Small Business for Tax Season

Tax season can be stressful enough for one person with just their personal finances. But, when it comes to a small business's finances, tax season can be extremely stressful. So, just like you would with your personal finances, your small business is going to have to prepare for that dreaded date in April when taxes are due. Here are some things to help you prepare your business so you can tackle tax season head on.

You will want to get your records and books organized. This means getting any and all past tax forms, expense receipts, bank statements, invoices, and any other documents that you use for bookkeeping. Getting your records organized should happen way before tax season begins. You should keep all of your receipts for the year in one location. You can even digitally store all of your receipts, but you should still hold on to the original receipt in case something happens to your computer. Using file cabinets or binders to hold all of your documents can help your business out a lot when you got to file your taxes.

Be sure to contact a tax advisor. No matter how long you have been doing your own taxes, when it comes to a small business, you may want to have a tax advisor look over your taxes before you submit them. They will be able to help you get all of the proper tax deductions that you qualify for and hopefully help save your company money.

Get all of the documents that you need. For employees, you will need to send out their W-2 forms by January 31 and also send them to the Social Security Administration (SSA). The W-2 form shows the total wages that were paid and the amount of taxes that were withheld throughout the previous year. Along with sending the W-2 form to the SSA, you will also need to send a W-3 form by the end of February. The W-3 form shows the complete total of W-2s. For any contractors who have made at least $600 in the previous year, you should have a few things that you kept track of over the past year. Having records of their W-9 form, the contractor's business licenses and certifications can help you prepare a Form 1099-MISC to those contractors. This form must be sent to the contractor by January 31. It shows all payments that have been made to that contractor.

You may also want to do some research to find out what type of deductions you can use and if there are any possible write-offs that may apply to your business. This may include any new equipment your have bought, including a company car. If you aren't completely sure, ask a tax advisor. They should be able to tell you where you can save the most money. One deduction you may not have thought about has to do with your business insurance. For some business insurance policies, the insurance premiums may be considered as a business expense and therefore are tax deductible. If you have any questions or are worried about being audited, you should talk to your tax advisor or a trusted financial advisor.