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Saturday, January 12, 2013
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Friday, January 11, 2013
Search Forex ? Blog Archive ? Using Forex Trading In The Short ...
Is currency trading of interest to you? If so, there has never been a better time than now. You may have tons of questions, but read the tips below first, and you?ll find some answers. This article is full of tips to help you trade currency successfully.
Trade on forex using a mini account first. You get live trading practice without much risk. You may feel penned in because you can?t make large, lucrative trades, but spending a year looking at your trading gains and losses is an invaluable experience.
It is important to have two separate trading accounts when you first begin. You will use one of these accounts for your actual trades, and use the other one as a test account to try out your decisions before you go through with them.
Make sure your broker is acceptable for you and your needs if you are opting for the managed Forex account. The broker should be experienced as well as successful if you are a new trader.
TIP! You should never trade based on your feelings. You will get into trouble if greed, anger or hubris muddies your decision making.
Always use the daily and four hour charts in the Forex market. Improvement in technology and communication has made Forex charting possible, even down to 15-minute intervals. Be on the lookout for general trends in the market, however, as many trends you spot on short intervals may be random. You can avoid stress and unrealistic excitement by sticking to longer cycles on Forex.
You should always have a plan before starting foreign exchange trade. Relying on shortcuts is not a reliable way to generate profits. True success takes patience and planning.
Anyone just beginning in Foreign Exchange should stay away from thin market trading. Thin markets are markets that lack public attention.
Try to learn about Fibonacci levels on ways on how they can help you with foreign exchange trading. You can use these very specialized statistics to help you make good trading desicions. You can also use these methods to figure out when you should get out of a trade.
TIP! If you are a newcomer to the forex market, be careful not to overreach your abilities by delving into too many markets. This approach will probably only result in irritation and confusion.
You should not trust outside analysis on your Forex account. Analysis is highly technical and quite subjective, so other traders may present a different viewpoint than what is suited to you. Research and decide for yourself how to trade on Forex, instead of trusting other trader?s analysis reports.
Foreign Exchange
It is important to take periodic breaks from foreign exchange trading. Foreign Exchange markets run 24 hours a day, and you can easily overwork yourself. Take a break and clear your head when you need to.
Decide the type of trader you desire to become to help choose your time frames when you start trading. The hourly and quarter-hourly charts will help you open and close your positions in a short time frame. There is a class of trader called a ?scalper? that goes even faster, concluding trades in just minutes.
TIP! Once you get comfortable with forex trading, you could try stepping it up to the next level with scalping. Scalping means to make many short term trades.
You will always get better as you keep trying. You will learn how to gauge the market better without risking any of your funds. A large number of forex trading tutorials exist online to help you get up the learning curve faster. Learn as much as you can about trading before you attempt to do your first real trade.
Do not use more than 5% of your capital in trade. This provides leeway if a trade goes bad. You will not suffer such a great loss from bad trades, and will be able to recover more easily. If you frequently watch the market, you may be tempted to trade more money. Try to be conservative with your trading.
Stop Loss
Analyze your weaknesses and keep them in check when trading in forex. Know what your strengths are and what you are good at. To sum it up, you will want to start slow, have an in depth knowledge of the Forex market, and keep all your judgments guarded.
TIP! When you are trading with forex you need to know that it is ups and downs but one will stand out. If you?re going for sell signals, wait for an up market.
Using stop losses is essential for your forex trading. Stop-loss signals are like foreign exchange trading insurance. Sudden shifts in your chosen currency pairs could cause horrific damage to your portfolio if you do not protect it with stop loss orders. A stop loss order will protect your capital.
If used incorrectly, Forex bots are just programs that will help you lose money faster. Sellers can make quite a bit of money with these bots, but they are fairly useless to buyers. Simply perform your own due diligence, and make financial decisions for yourself.
There are two advantages of the Forex market that make it more attractive than others. The foreign exchange market is available to be traded on at any time of day or night. You only have to use a small bit of capital to seize the many foreign exchange opportunities. The foreign exchange market can be accessed any time of any day.
The most important thing every Forex trader needs to know is when to exit the market. Often times, many traders mistakenly stay in the market when their values are low, hoping the value will rise again so they can get their money back. This is not a winning strategy.
TIP! Try to focus on low risk, high gain trades. Be aware of the level of loss you will accept.
Your knowledge of currency trading should now be vastly increased. Even if you felt well-prepared, you probably learned a thing or two you didn?t know before. Hopefully you have found the tips in this article useful and were able to use them to get you started trading on the forex market. Before long, you will be trading as a professional.
Source: http://search-forex.com/using-forex-trading-in-the-short-term-for-huge-profits/
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Saturday, January 5, 2013
Talking Special Olympics | TheGazette
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Source: http://thegazette.com/2013/01/04/talking-special-olympics/
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Disaster Recovery Is Not Business Continuity ? Data Center ...
Jarrett Potts, director of strategic marketing for STORServer, a provider of data backup solutions for the mid-market.
A common theme in the world of data backup is the confusion of business continuity with disaster recovery. When it comes to protecting your data, it?s important to understand that these are two different concepts. The misunderstanding of the terms could result in organizations being left at a significant risk due to inadequate planning. According to IBM in 2011, of the companies that had a major loss of business data, 43 percent never reopen, 51 percent close within two years and 6 percent will survive long-term.
Let?s be honest. In a disaster, few people care about the definition of terms. However, one sure way to get through the chaos of losing data and facilities is to know the difference between recovery and continuity.
What?s the Difference?
Disaster recovery is a subset, a small part of overall business continuity. It is the process of saving data with the sole purpose of being able to recover it in the event of a disaster. Disasters in IT range from minor to major: the minor loss of an important set of data to the major loss of an entire data center, though recovery of the corporate database may take the same herculean effort as the reconstruction of the company?s infrastructure. From the point-of-view of panic, pain and pressure, the range in size of a disaster?either minor or major?could arguably be very similar.
A great example is Hurricane Katrina. In 2005, most of the city of New Orleans was underwater, without power and without some of the basic resources for humans to even live. There were many companies that kept off-site copies of their data, so that in the event of a disaster they could recover the data. What they did not plan for was the inability to get that off-site data to their secondary site. In one case, the company kept all of its data on off-site tapes that were kept in a secure location. The only problem was that the company staff could not physically travel to the site to retrieve its tapes.
DR: Secondary Sites
The root of disaster recovery is that data is kept in a secondary site, and plans are made on how that data will be recovered so that the business can access it again. One item to note is that the data is not accessible during the disaster. It must first be recovered, and the speed at which the data is recovered is solely dependent on the planning, infrastructure and processes that are set forth and tested.
On the other side, business continuity typically refers to the management oversight and planning involved with ensuring the continuous operation of IT functions in the case of system or enterprise disasters. The elements necessary for successful business continuity include the plant (location), staffing and equipment, as well as the actual data recovery procedures.
Business continuity is a completely different process. First, it is not data centric; it is business centric. The whole point of business continuity is to continue to do business during a failure or disaster. In basic terms, it means that when a failure or disaster happens, that data is still accessible with little to no downtime.
Typically, business continuity is a combination of hardware and software technologies that keep data in two different places at the same time. For example, if the production server in one building goes down, the data and the application are ?failed over? to a second system that the application can then use. Usually, the application only pauses and users do not even know there was a problem.
What this really means is that you must have the infrastructure to support it. The most common example is clustering. Clustering allows the replication of data between multiple systems thus enabling you to have that data accessible from a secondary source in the event of some failure. Active/active clustering is a great example. If your mail application goes down on the production server, the replicated copy on the secondary server takes the load and the application stays up and people still have access.
Continuity is Broader
Regarding business operations and management of the staff and facilities, continuity represents a much larger scope of maintenance than the recovery of just the data and equipment. Most companies come from a practical analysis of how long recovery will take. During the planning process for recovery reality starts to set in. Time factors to get back in operation count heavily toward what must get recovered first. The matter of time to recovery introduces these business continuity questions:
- What do we need recovered first to stay in business?
- What do our customers need to remain assured of our stability?
- What do our business partners require to continue order, fulfillment and delivery?
- What do our vendor relationships insist upon to work with us?
Prioritization of what to recover first points to the more important analysis of these business relationships and how they line up. Every corporate entity lives with different ordering lists that determine their ability to remain in business.
Recovery of data may well be the only issue that the bulk of IT managers and C-level officers have time to address. It?s a good start, but not the whole story. You must understand the ?what? and ?how? in order to get your data back in operation. During that recovery planning, these same managers and officers will run into the continuity questions. The better the recovery system in terms of reliability, scope and scalability, the better the chance of stepping up to the continuity issues. The more feeble and antiquated your recovery planning, the more certain corporate failure at continuing business as usual during a disaster.
Industry Perspectives is a content channel at Data Center Knowledge highlighting thought leadership in the data center arena. See our guidelines and submission process for information on participating. View previously published Industry Perspectives in our Knowledge Library.
Source: http://www.datacenterknowledge.com/archives/2013/01/04/disaster-recovery-is-not-business-continuity/
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Friday, January 4, 2013
Will China Launch an Anti-Satellite Test Soon?
China may be gearing up to perform a controversial anti-satellite test this month, perhaps in the next week or two, some experts say.
For several months, rumors have been circulating within the United States defense and intelligence communities that a Chinese anti-satellite test is imminent, says Gregory Kulacki of the Union of Concerned Scientists. It could even be conducted on Jan. 11, the date on which China performed ASAT operations in both 2007 and 2010.?
"Given these high-level administration concerns, and past Chinese practice, there seems to be a strong possibility China will conduct an ASAT test within the next few weeks," Kulacki wrote in a blog post today (Jan. 4). "What kind of test and what the target might be is unclear."
In the 2007 test, China destroyed one of its own defunct weather satellites at an altitude of 530 miles (850 kilometers), spawning about 3,000 new pieces of space junk. The 2010 operation used similar technology to take out an object that was not in orbit.
The upcoming ASAT test ? if China is indeed planning one ? may not necessarily be so destructive, Kulacki says. [Top 10 Space Weapons]
"There are different types of technologies that can be used as ASAT weapons, and a satellite may not be destroyed at all," he wrote today. "The planned test could be of the same technology as the 2007 and 2010 tests but in a missile defense or flyby mode, or a test of technology that doesn?t destroy a satellite."
Some U.S. officials suspect China may want to go higher than it did in either 2007 or 2010, targeting an object 12,000 miles (20,000 km) or so above Earth's surface. This ability to reach medium-Earth orbit (MEO) could theoretically put the constellation of U.S. Global Positioning System navigational satellites at risk.
"But there are good reasons for China not to destroy a satellite at this orbit, including that China plans to use this part of space," Kulacki wrote. "Creating debris, as it now understands, would threaten its own satellites. Over the next several years, China plans to place more than 20 new navigational satellites in MEO."
Kulacki urges the Obama Administration to attempt to dissuade China from conducting any more destructive ASAT tests. Both the United States and the Soviet Union abandoned such tests as their space programs matured, he notes.
"Hopefully, China will eventually come to a similar conclusion," Kulacki wrote. "Beginning a meaningful bilateral dialogue on space security between the United States and China could hasten the day."
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Copyright 2013 SPACE.com, a TechMediaNetwork company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Source: http://news.yahoo.com/china-launch-anti-satellite-test-soon-220411967.html
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