The perfect guide to trading the head and shoulder pattern

Forex market might be the biggest market in the world, still, you should join this profession after having a deep though. Those who have started to trade the market to become rich have lost their savings. In fact, there is no shortcut way to make a profit. To get yourself on the right track, you must educate yourself from scratch. Many people in Australia have changed their life just by developing the skills of trading. In this article, we are going to teach you how to trade the head and shoulder pattern like the pro traders. After reading this article, you will have the confidence to trade any bearish reversal based on the head and shoulder pattern.

Formation of the pattern

The formation of the pattern is fairly easy. First of all the price will start rallying higher and eventually fall to a critical support level. After that, the bulls will again push the price high and break above the last high. But the rally will not last long and this time the fall will be much bigger. Eventually, the bulls will again gain strength and push the price high and fail to break above the last high. The first high is your left shoulder, the second high is the head and the third high is the right shoulder. The critical support which refueled the bulls is known as your neckline. By now it should be pretty clear about the formation of the pattern.

The perfect guide to trading the head and shoulder pattern

Selection of the time frame

The selection of the time frame is the most important thing when you trade the head and shoulder pattern. In the CFD trading industry, trading the lower time period is considered an aggressive strategy. So, try to look for the head and shoulder pattern in the daily and weekly chart. …

The Leader As Storyteller

The Leader As Storyteller

In his landmark study of leadership, Harvard Professor Howard Gardner found that “the key to leadership… is effective communication of a story.”

Stories are an excellent way to connect with people, to make complex ideas easier to understand, and to make your message memorable. But telling stories is more than just a folksy way to relate to others. It is a powerful and persuasive vehicle that top leaders use to get their message across with maximum impact and minimum resistance. Today’s most effective leaders know how to use various story templates to communicate their vision, win buy-in for their ideas, transmit values, and inspire their people.

Many cultures have strong storytelling traditions. This is true regardless of their time in history or their place geographically. Yet few leaders of any stripe use stories in their work.

Generally speaking, leaders in business and government value facts, data, logic, and reason. Yet when presented with facts, people try to make sense of them through critical evaluations. They look for flaws in your argument. As a result, using only facts and logical arguments can put your audience in a confrontational state of mind.

Storytelling, on the other hand, combines facts plus emotions. When people become emotionally invested in a story, they aren’t looking for ways to shoot it down. By packaging your message into a story, you can introduce your message to your audience without hitting them over the head with it.

By harnessing the power of stories, leaders could be a lot more persuasive. So why don’t more leaders use stories? I can think of three main reasons.

1. Many leaders are not aware that stories can serve many purposes, such as: Introducing yourself. The right story can position you the way you wish to be perceived, rather than allowing others to …

Business Stories – Can You Really Learn Anything from Business From Success?

Business Stories - Can You Really Learn Anything from Business From Success?

Follow at Your Own Risk

Many struggling and fledgling entrepreneurs look to the stories of those that have succeeded as their holy grail and the only word on learning how to succeed. There is a long list of entrepreneurial giants and titans of industry who have amazing stories of success and accomplishment. We feel that there is so much to be learned by looking at and studying these remarkable individuals and there triumphs. And why shouldn’t we? They have succeeded and overcame many obstacles and challenges with sheer grit and determination. There is a lot there to be admired and respected. But does that really help us learn how to “make it” and not fall flat on our faces? The fact of the matter is probably not. Whatever it is you are doing or attempting to do is probably very different from any success story you have heard or read about. Even if it’s in the same industry, the same product or service, it’s nowhere near the same. The stories of successes are great for inspiration and motivation and that’s it, that’s where it ends. They are far from a blue print for the wannabe entrepreneur to follow. It’s not like following someone’s foot steps in the snow, which isn’t even that easy, you still seem to make your own tracks no matter how hard you try. As an entrepreneur you just can’t say I’m going to do exactly what he or she did step by step. Your success is about you and your vision. If we could just follow the exact steps one by one of those legends we admire so much it would all be so easy. But it’s not that easy at all. Entrepreneurship is a journey and very different for each of us.

The Recipe Lies

That Great Business Idea That You Just Had In The Shower

There is a land where idealists and romantics are easily crushed whilst the pragmatic and sober soar to extraordinary heights. The land of start-ups is a graveyard of broken dreams not because of the impossibility of starting a business but because people go into the whole thing with the wrong idea.

The conventional wisdom statistic is that 9 out of ten businesses fail. Whether it is true or not is another fact. But, the point is, will you be counted among those who win?

You need to ask yourself about the following three things before you give your boss the pieces of your mind that remain:

That Great Business Idea That You Just Had In The Shower

Number 1: You Know That Great Idea You Have?

I hate to sound pessimistic but that great idea you had whilst you were in the shower (The Eureka moment!). you are going to have to wrestle it if you are to see it manifest. It will not just come to you on a silver platter and guess what even crooks have to fight for their business hence gang related murders. So if you thought just having the idea was all it took guess again.

You need to have the stamina of a monster and the work ethic of an ant if you will survive the roller coaster you have decided to ride. Besides this you are already defeated by your great idea before you have even begun.

So do you have the hunger to beat the living daylight out of your dreams so that you can conquer, subdue and tame it? If you don’t go back to your bosses desk and tear that smug resignation letter you just wrote.

Number 2: When Money Will Not Come?

There is a bunch of people who think that their idea is their get rich quick ticket. These …

What’s crisis management and how to face it thanks to media relations

A corporate crisis is an internal or external instability period resulting from a significant threat. A crisis occurs, for example, when a product or a service doesn’t keep the promises made to users or when a company member says or do something that is just opposite to corporate values and brand identity. Also, it is possible that a crisis occurs even when a stock exchange collapses, when a natural catastrophe happens or when any other event that does not concern the company effect on it.

In all these cases, the crisis generates a situation of instability, confusion and stress within the company, that must be adequately managed in order to prevent any possible negative consequence. If you are able to recognize a crisis when it occurs and if you are ready to face it, then you can be sure you are going to understand what crisis management means.

Let’s find out more about how to face a crisis thank to media relations right approach.

Media relations approach to crisis management

Every company, no matter how big or small it is, should be able to face a crisis when it occurs. So, it could be necessary to implement some preventive actions.

First of all, don’t panic! Everyone should try to keep calm because everyone could say or do things that could be potentially harmful to the company. Unpleasant situations can be avoided by controlling the spread of panic in each situation.

When a crisis occurs, everyone should also know who the contact person is and who will represent the voice and the face of the company in front of journalists or users. So, it could be necessary to establish a crisis management team and to identify a spokesperson. Usually these roles are entrusted to internal or external experts

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