Posted on

Forex Trading A Peep Into The Fibonacci Den

Forex Trading – A Peep Into The Fibonacci Den

by

ForexAbode.com

Fibonacci analysis started with retracements of prices during a trend according to Fibonacci sequence. And it is really surprising how many times we see the trending prices retracing to Fibonacci levels of 38.2%, 50% or 61.8% and then continuing the trend.

[youtube]http://www.youtube.com/watch?v=SJ5lTO8A6-4[/youtube]

When we talk about Fibonacci numbers in nature etc, it seems to have some magic behind it. But then every magic has a logic behind it. What I am talking is Fibonacci in flower petals, in shell spirals, in the family trees of rabbits and cows and so on. But the why Fibonacci works in trading also? Is it that magic or is there a logic? Well, no magic is without a logic or reasoning and same is true with Fibonacci analysis in trading Why do technical analysis indicators work? The major reason that any technical analysis indicator works is mainly because of the number of traders taking major positions on the basis of the signals generated by it. The success of any indicator depends on the number of traders following the signals generated by it. A sell signal comes and people start selling big and the prices would drop further down. Going back to what was mentioned above that Fibonacci sequence, at times, shows that there is a mystery behind it. That makes traders to try to find newer ways of analysis based on Fibonacci sequence. And that brought in so many other Fibonacci indicators in trading market. These tools are Fibonacci extensions, Fibonacci Arcs, Fibonacci Fans, Fibonacci Time zones etc. All these indicators use Fibonacci sequence of numbers in different ways. As an example Fibonacci retracement levels are flat levels and take into account only the prices while Fibonacci arcs take the prices and time into consideration This article is to see which Fibonacci indicators we should use. Which Fibonacci analysis is better? Well, I would say that the better is which tends to be the base of major trades as a tool used by more number of traders. The professional traders always like the simplicity in their analysis while even if they analyze larger volumes of diversified data. They would not use a big numbers of indicators but only selective ones. And hence the vote would go to the original Fibonacci retracements amongst all the other Fibonacci indicators. Fibonacci retracement and extension but to which level: 38.2%, 50% or 61.8% or more? To what level we should expect the correction depends on the strength of the trend. When the trends are very strong a correction may not be very big. During the trends which are not trends the retracement levels may be big. It is always advisable to use some indicators to check what is the strength of the trend and whether any indicator is indicating a trend reversal. We can use ADX, Stochastic and MACD, Ichimoku clouds etc. If the ongoing trend is very strong then price may not retrace very much and may only go to 38.2% level. If the trend is moderate then it may further retrace to deeper levels. A balanced combination of complementing technical indicators is always good. Use of technical indicators and time frames: What kind of time frame charts the traders are using and what kind of trades they are making for major trades also adds to the dependability of the signals. One thing is sure that no big trades would happen on the basis of the analysis on 5 minue charts. Keeping a track of longer term charts and shorter term charts is always important to see the true direction and knowing entry and exit points.

For more details please check

Fibonacci

and

Ichimoku

pages of ForexAbode.com. You may also share your views at

Forex Forum

.

Article Source:

Forex Trading – A Peep Into The Fibonacci Den

Posted on

Latin American Drug dealer Beira-Mar’s lawyers arrested

Monday, November 15, 2004

RIO DE JANEIRO, Brazil — Two lawyers of accused drug dealer Luiz Fernando da Costa (also known as Fernando Beira-Mar) were arrested Sunday November 14 in a restaurant located at Rio de Janeiro city in Brazil. They have been accused of bribing Brazilian federal police officers.

Luiz Fernando da Costa, known as Fernando Beira-Mar or Fernandinho Beira-Mar, is one of the biggest drug dealers of Latin America according to police. Beira-Mar was arrested by the Colombian army at April 20-21, 2001, in a FARC camp located at a forest near Colombia and Venezuela and then transferred to Brazil where he is been in prison until now.

According to officers the lawyers had offered R$200,000 (US$71,658.9) to police officers asking them to release Marcos José Monteiro Carneiro, another man accused of being a drug dealer.

Retrieved from “https://en.wikinews.org/w/index.php?title=Latin_American_Drug_dealer_Beira-Mar%27s_lawyers_arrested&oldid=809045”
Posted on

Nose Surgery What You Need To Know}

Nose Surgery – What You Need to Know

by

Dr. Ankur SoodRhinoplasty, or nose surgery as it’s popularly known, is one of the most famous forms of surgery. The procedure is known for enhancing the beauty of a person. Due to this, it’s common with movie stars. Other than the procedure being used for cosmetic purposes, it can also be used to correct a medical problem. For example, it can be used to correct impaired breathing problem.

Understanding how the procedure is done

The procedure is done by a specialized surgeon who uses anesthesia to ensure that you don’t feel pain. The procedure usually takes less than three hours to complete. During the procedure, the surgeon reshapes septum, bones, and cartilages.

In some instances, outrageous grafts are obtained from the rib and put on the nose. If the surgeon does not want to injure your ribs searching for grafts, he can use synthetic implants.

After the procedure is complete, the patient is allowed to go home after the surgeon has observed him for 6-8 hours. If the patient had undergone a major correction, the surgeon can request the patient to stay until the following day. This is meant to give the surgeon more time to observe the patient.

[youtube]http://www.youtube.com/watch?v=K3Pi7bgFe2k[/youtube]

To ensure that the patient heals properly, splints and tapes are applied on the nose. The patient is supposed to wear the tapes for the next seven days. When the seven days are over, the patient returns to the surgeon who removes the splints and tapes from the nose. Although, you may feel that you have healed after removal of splints and tapes, you should avoid heavy work for three weeks after surgery.

Advantages of the procedure

The obvious advantage of the procedure is that it helps you to look more beautiful. The nose is placed at the centre of the face and all aesthetic features of the face heavily rely on it; therefore, if you change the structure of the face just slightly, you are bound to witness great changes in the looks of a person.

The other advantage is that the procedure plays a great role in treating injuries brought about by accidents. It’s common for people to break or disfigure their noses after they have been involved in an accident. To give hope to the injured, nose surgery is used to correct the problem.

The third advantage of the procedure is that it increases your self esteem and confidence. When you have the look that you always desired, you are bound to become more confident in your life. If you are working, increased confidence results to increased output.

Disadvantages of the procedure

As there is nothing without its downside, nose surgery has its fair share of setbacks. One of the main disadvantages is that the procedure is invasive; therefore, you body must be cut. This is risky since it exposes you to bleeding, infections and other complications.

The other disadvantage is that you might not like the new nose after the procedure. In some cases, the surgeon may complete his work, but when you look at your new nose, you realize that you don’t like it. This will stress you up.

The procedure is done by a specialized surgeon who uses anesthesia to ensure that you don’t feel pain. The procedure usually takes less than three hours to complete. During the procedure, the surgeon reshapes septum, bones, and cartilages.

In some instances, outrageous grafts are obtained from the rib and put on the nose. If the surgeon does not want to injure your ribs searching for grafts, he can use synthetic implants.

Learn everything about

nose plastic surgery

and

plastic surgery in Chandigarh

from us.

Article Source:

eArticlesOnline.com}

Posted on

Australian rules football: 2010 Gippsland Football League round 1 – Wonthaggi v Leongatha

Saturday, April 3, 2010

Wonthaggi, Victoria — Wonthaggi defeated Leongatha at home in the opening game of the 2010 Gippsland Football League (officially the Gippsland League, GL) season this past Saturday. The match, unofficially dubbed “the South Gippsland derby”, was played a week prior to the other opening round matches.

The three remaining matches of round one are scheduled to be played next Saturday (April 10). Morwell will host Warragul in Morwell, Drouin will play Maffra in Drouin and Moe will host Traralgon at Yallourn North with Sale having the bye.

The Gippsland Football League is considered one of the “major leagues” controlled by the Victorian Country Football League, the governing body of Australian rules football in regional Victoria, Australia.

At the league’s annual general meeting in December, it changed it’s name from the West Gippsland Latrobe Football League. At the same meeting, Wonthaggi joined the GL after dominating the Alberton Football League during the past decade. The Power made five concecutive Alberton Grand Finals winning three, losing only to Yarram (2007) and Stony Creek (2009).

Wonthaggi Power Football Club is a result of a merger between Wonthaggi Blues, a former Gippsland FL team, and Wonthaggi Rovers, an Alberton FL team. In February, the Gippsland Football League announced that Wonthaggi would be changing their uniforms, because their original one was similar to that of Warragul.

Leongatha finished the 2009 season losing the minor semi final against enventual grand final winners Maffra. Leongatha defeated Drouin in the last Elimination Final under the West Gippsland Latrobe Football League banner.

Scores below are quoted as goals-behinds (total). Goals are worth six points, behinds one.

March 2010
Wonthaggi Power 9-9 63
Leongatha Parrots 8-14 62
Wonthaggi Recreation ReserveWonthaggi, VictoriaAustralia
Half TimeWonthaggi 6-6 (42)Leongatha 1-8 (14)
Full TimeWonthaggi 9-9 (63)Leongatha 8-14 (62)

Wonthggi kicked off their first game in the major league with a opening quarter lead of four and a half goals over rivals Leongatha. The Power’s move from the Alberton League looked to be justified as they went in to cruise mode.

Leongatha slowly clawed back the deficit over the next three quarters but the first quarter result and inaccurate kicking caused them to fall short by one point.

Retrieved from “https://en.wikinews.org/w/index.php?title=Australian_rules_football:_2010_Gippsland_Football_League_round_1_-_Wonthaggi_v_Leongatha&oldid=4520283”
Posted on

Why A Municipal Water System Needs Effective Water Main Valve Management

By Clayton Dorais

No matter where one lives or works, there is a water delivery utility that services homes, businesses and institutions. It is easy to take the effectiveness and efficiency of these systems for granted, but when a water system becomes compromised, the results for the people of the community can be disastrous, adversely affecting people’s health and even disrupting the economy. To ensure a properly functioning water delivery system, one essential maintenance task that must be performed in order to maintain the water network system and the quality and health of the water is to enlist the services of a water services company to implement and perform water main valve exercise program as part of a water main valve management program.

It is vital for a utility to have the ability to operate water valves in an instant, especially in an emergency such as a water main leak. When a professional water main valve management program provided by a water services company is implemented, the water delivery systems components and devices are being properly managed as these components are responsible for starting and stopping water flow in the water distribution lines. In addition, the components must be properly maintained to ensure no problems arise that could disrupt the ability to regulate the flow of water. It is also essential to preventing contaminants out of the water main.

[youtube]http://www.youtube.com/watch?v=QBjuDBQn81M[/youtube]

Effectively exercising water main valves ensures the valves will not get stuck as a result of corrosion. If corrosion were to occur, it would make the device inoperable which would be a very serious matter in the event of an emergency where a quick shut down is required due to contamination. Therefore, the water mains must be in top working condition 24/7/365. Municipalities must pay attention to the valves to ensure they stay working properly and stay in good condition. For that reason, it is essential for municipalities to enlist the services of a water services company to properly perform water main exercise programs.

The costs of using the services of a water services company are much cheaper than if there was an emergency such as contamination of the water lines and the valves were stuck and could not be closed. Also, water services companies perform water leak detection services to stop and prevent damage to property and also loss of huge amounts of water loss which could be an enormous expense. Preventative measures that include water main management programs such as water leak detection and exercising the valves are essential to maintaining a municipal water distribution and treatment system.

When not properly maintained, over time valves can become packed with sediment and corrosion can take place. The result will be a weakening of the water distribution system resulting in leaks and devices becoming stuck. The result is a poor functioning water system that can cause such problems as contamination and flooding. By hiring a professional water services company, it will ensure an effective and healthy water management system with its devices and components remain in excellent working condition.

About the Author: The leading provider of water distribution system asset management for

water main leak detection

.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=1179036&ca=Business

Posted on

Australia wins dramatic second Ashes Test

Tuesday, December 5, 2006

Australia has clinched a dramatic win in the second 2006-07 Ashes Test match in Adelaide. In a massive swing of dominance and control, England forfeited a huge advantage on the fifth and final day after controlling the Test for the first four.

England won the toss and batted first on the Adelaide Oval wicket. After losing a couple of early wickets, they recovered to amass 6-551 dec. spanning the opening two days. Paul Collingwood scored a patient 206, whilst teammate Kevin Pietersen built an innings of 158 in a much more brief fashion.

In response, Australia began their first innings poorly, losing Matthew Hayden before the close of play on day 2. On the morning of day 3, Justin Langer and Damien Martyn also fell cheaply. However, a captain’s effort by Ricky Ponting (142) and support by Michael Clarke (124), as well as cameos by Adam Gilchrist and Shane Warne, helped the Aussies to just shy of England’s massive total. Matthew Hoggard was the shining light for the visitors, taking 7-109.

England resumed the fifth day at 1-59, and the match looked headed for a draw. However, with some magic from Shane Warne, Australia managed to roll England for just 129 in the last over before tea, setting up a thrilling final session run chase. Warne took 4-49, and was backed up well by Glenn McGrath, who took 2-15.

Requiring 168 to win off 35 overs, Australia came out firing, scoring quickly before losing both Hayden and Justin Langer early. Ricky Ponting was joined by Michael Hussey, who was promoted to number four, and built a steady partnership before Ponting was dismissed for 49. Damien Martyn then fell cheaply, and Hussey was joined by Michael Clarke to complete the chase. The pair batted through to the total was reached, with Hussey scoring 61 not out. Australia reached the target with 19 balls to spare, at 6:45pm local time.

No team had lost after declaring on as high a total batting first as England did in more than 125 years of Tests. As a Nine Network commentator described it, “Australia has just won the most extraordinary Test match; however, it was [a Test] that England should never have lost”. Prior to the start of play, bookmakers had a draw paying $1.02.

Australia now go into the third test at the WACA ground in Perth, Western Australia knowing one more win will reclaim the Ashes urn which they lost for the first time in over a decade in England during 2005.

Retrieved from “https://en.wikinews.org/w/index.php?title=Australia_wins_dramatic_second_Ashes_Test&oldid=434257”
Posted on

China has extensive plans for space exploration

Monday, December 19, 2005

China is developing and enacting a long term space program aimed at cultivating and proving the country’s scientific abilities. The project is heavily research based and includes plans extensive manned missions and a modular space station. However the ultimate goal is lunar based.

The Chinese hope to develop its own pollution free fuels that may be used in high capacity rockets that may be able to launch upwards of 25 tons into space. The program has plans for a moon based astronomical telescope and extensive research of the moon’s geology. Ouyang Ziyuan, who heads the moon research program, has explained one particular interest is the helium-3 isotope. Helium-3 is thought to have great capacity for a reliable, non-polluting fuel source.

Their recent Shenzhou 6 mission sent two astronauts into orbit for 5 days. The Shenzhou 7 mission expects to launch three astronauts into space in 2007. Subsequent missions include plans for launching parts of their space station and eventually. The Chinese intend to man their orbiting space station with Shenzhou 10. By 2006 the Chinese hope to launch the Chang’e 1 lunar orbiter which is designed around a Chinese commercial satellite. They intend to follow up with landlers and sample collection as early as 2017.

Started in 1992, the Chinese space program has made rapid progress. Shenzhou 6 was their second manned mission and cost China roughly 110 million, quite inexpensive when compared to the space missions of other countries. The programs extensive plans hint that now, more than ever, the program’s progress is heavily dependent on funding. In 2004 the Chinese budget was 1.8 billion, almost a 30% less than in 1999 and tiny compared to NASA’s spending potential, upped to 16.5 billion for 2006. The space program realizes that it must fit into the country’s grander scheme.

Hu Shixiang, deputy commander in chief of China’s manned space program told CNN that the Chinese are not competing with other countries in their space research, denying any comparison to the Cold War space race. He said China is willing to put for international cooperation in their space research.

Retrieved from “https://en.wikinews.org/w/index.php?title=China_has_extensive_plans_for_space_exploration&oldid=4230743”
Posted on

News briefs:June 27, 2006

The time is 18:00 (UTC) on June 27th, 2006, and this is Audio Wikinews News Briefs.

[edit]

Retrieved from “https://en.wikinews.org/w/index.php?title=News_briefs:June_27,_2006&oldid=428324”
Posted on

How Forex Trading Training Is Useful

How Forex Trading Training is Useful

by

xforex

It is very important for the traders to know about the basics of the trading market and have a proper knowledge of the trading world; hence, forex trading training is indispensible for the traders. The traders dealing in forex markets must be competitive and experienced enough to handle this volatile market. The new entrants in the market can escape the inherent risks by undertaking a good forex trading course. The forex markets are dynamic in nature, they can change rapidly. A good knowledge about forex will help the traders reduce these risks.

Forex trading training helps the new entrant in the market to understand forex charts and have a proper knowledge about how forex market works. This helps the new traders in the decision making process and also helps in wisely analyzing the forex charts at the time of buying and selling. The future of new traders depends on their knowledge of forex markets; hence attaining trading knowledge is important. Forex training tutorial gives vital information like the margins, bids, leveraging and rollovers, these terminologies are very important for each trader to be familiar with to make a foothold in the forex trading market. The forex trading training helps one know about the risks involved in the market and helps them understand how to deal with them keeping the discipline, stress, the risk management in mind. It also helps the traders to keep their emotional cycle in control. It is best to start forex trading after a proper knowledge about this business. It will defiantly increase the possibility of great success in future. Acquiring the knowledge through forex trading training is simple; it can be achieved by seminars, classes, eBooks, online training, online classes etc. It is vital to take forex trading training as it helps to keep a check on forex reviews, all the traders who are successful in the business have been actively participating in forex trading training. To manage the risks involved with having a proper knowledge is very difficult. Forex trading is equipped with the best training methods which helps in managing the trade and its stress and instructs the new entrants to perform to their best ability. It also helps in managing the market mechanism, teaches the techniques of using forex trading software

, starting a new trade and closing the existing one and other small details like the best time to bid etc.

[youtube]http://www.youtube.com/watch?v=jjtkcw1_uro[/youtube]

Forex training also tells the trader the history of forex which helps them to predict the future of forex traders. It shows the mistakes that have been made in past with the help of which, the newbie’s can evade making the same mistakes again, the solution of the mistakes are also given which helps in correct analysis of the problem. The Forex trading training

has proved to be successful and the traders should go through it to attain full benefits. The things learnt from it can help make profits and hence pave the way to master forex trading.

Xforex.com is a reliable forex trading platform for effective

Forex trading training

. At

forex trading software

, you can read latest Forex market news, know Forex trading strategies, and benefit from effective Forex currency trading tools, etc. XForex.com online broker offers both standard and premium fx account apart from demo forex account. For more information on Xforex advantages, please visit http://www.xforex.com

Article Source:

ArticleRich.com

Posted on

Explosion at University of Missouri-Columbia leaves four injured

Wednesday, June 30, 2010

An explosion at the University of Missouri-Columbia (Mizzou) on Monday afternoon left four people injured, authorities say.

The explosion occurred in a science laboratory in Schweitzer Hall around 2:20 p.m. CDT (1920 UTC) Monday. The source of the explosion was first thought to have been a 2,000-pound (907.2-kilogramme) hydrogen tank, but fire officials later said that this was not the case. The cause of the incident is currently under investigation by the Columbia Fire Department.

The Columbia Fire Department arrived at Schweitzer Hall after a report of a structure fire, but found that most of the fire had already been extinguished by the building’s fire sprinkler system. The remaining flames were put out by firefighters, one of whom said it looked as if “a bomb went off in the lab”.

Of the four hurt in the blast, one was a research scientist, one a graduate student, and the other two postdoctoral fellows. Three were treated for mild injuries and released from University Hospital, while the fourth was in good condition after being taken to the hospital’s burn unit for life-threatening injuries. A school spokesperson said that the university was not allowed to release the names of the victims.

Authorities initially believed that a large container of hydrogen gas had exploded, but investigators later said that the tank was intact. Fire officials also retracted an earlier statement that said the incident had been a result of human error. In a Monday night news release, the fire department said that lab workers had turned on the hydrogen but did not recognize warning signs indicating a dangerously high level of hydrogen gas in the lab, so they left the gas supply running. The report said the explosion occurred after the gas reached a source of ignition. However, the department said Tuesday that the investigation into the explosion is still ongoing and that they were not certain human error was the cause.

The investigation should determine the cost of repairs for the building, as well as whether the school should implement new procedures to avoid similar incidents in the future. The lab where the explosion took place will be totally rebuilt.

Schweitzer Hall houses Mizzou’s biochemistry department, which is part of the medical and agricultural programs. The building’s single classroom is located in the basement and was not in use at the time. The explosion happened on a third-story lab assigned to Judy Wall, a university professor, who was in her office across from the lab during the incident and referred inquiries to the news bureau. Other labs in the building were not disturbed, and Schweitzer Hall was established to be structurally sound, although nearly twenty windows had been shattered from the blast. The building reopened Tuesday for researchers to continue working.

Retrieved from “https://en.wikinews.org/w/index.php?title=Explosion_at_University_of_Missouri-Columbia_leaves_four_injured&oldid=4050929”