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You are here: Home / Blog

The fourth industrial revolution in agriculture

October 10, 2019 by Asif Nazeer Leave a Comment

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The fourth industrial revolution is changing how every agricultural player, from a family farmer to an agricultural conglomerate, operates. The wave of new technology can be overwhelming, but for nearly every agricultural player, four key capabilities will serve as a foundation of success.

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3 Tips for Building Your Personal Brand on Social Media

October 9, 2019 by Asif Nazeer Leave a Comment

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Since the future of any sector is uncertain, it’s important to build a personal brand that transcends your industry



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Filed Under: Entrepreneur

Trading Trends and Using Technical Analysis

October 9, 2019 by Asif Nazeer Leave a Comment

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Featured image from Pexels

Forex traders who rely on a strategy called trading trends can also use various methods of technical analysis to achieve greater precision with their trades. In this post we discuss methods of technical analysis that you can use for trading trends in the markets.

Trading Trends Is Only One of Several Trading Strategies

Other Forex trading methods such as range Forex trading or breakout Forex trading are just as suitable but not as popular as trading trends.

RELATED ARTICLE: PRICE ACTION FOREX TRADING: ONE APPROACH AMONG MANY

Moreover, trends vary depending on the type of asset class you are looking at. Generally, trends are more pronounced in commodities. In many cases this is because commodities such as natural gas, grains, are seasonal in nature. Additionally, demand for certain commodities naturally rises and falls.

However, trends in the Forex markets are not so seasonal. Instead, trends having to do with currency pairs are more dependent on economic and other factors. This makes trends in the Forex market less predictable.

For example, the EURUSD was in a clear upward trend during December 2016 through late January 2018.

But the trend for that currency pair reversed itself in January 2018 and has been descending since then. Once Forex traders become aware of such trends, they can position themselves to make greater profits from the changes in theses trends. This is the heart of the strategy that Forex traders refer to as trading trends.

trading trends example
EURUSD Trends

How Do Traders Use a Strategy of Trading Trends?

A Forex trader whose strategy is based on trading trends will first
identify an already-established trend in the market. Then they look for the
turning points in that trend. This allows them to find the best price entry
points so they can ride that trend.

Additionally, Forex traders who rely on trading trends also turn to
technical analysis. This allows them to create their own trading systems for
trading trends as they notice them in the markets.

If you are a Forex trader who relies on trading trends, following are some of the methods of technical analysis that you can use in conjunction with your trading strategy.

1. Use the High Low Method to Predict Changes in Trends

Trends tend to correct themselves naturally. This can lead to different segments of trends. For example, the monthly trend might be moving upward, but a four-hour chart could show a downtrend. This is nothing but a correction to the major uptrend. If you’re a Forex trader who’s trading trends you already understand this.

The High Low Method can indicate to Forex traders when a trend might end or weaken. For example, when a recent price level is down on the four-hour chart, this might be an indication that an upwardly moving trend is coming to an end—or not. If you’re trading trends, you will want to check the daily chart and see if it signals the same.

2. Draw Trend Lines When Trading Trends

The trend line itself can allow you to make a prediction about when price levels will rise or fall.

To use trend lines when trading trends, draw diagonal lines that connect two highs or two lows. In this way, you will be able to tell more easily whether a particular trend is resuming or beginning to move in the opposite direction.

3. Look for a Divergence

The oscillator divergence is one of the best technical indicators you can use when you’re trading trends.

When two data sets fail to move in tandem, this is called a divergence. In other words, when a price is moving higher, traders also expect the oscillator to behave similarly.

When a divergence such as this one occurs, it can point to potential corrections in price. If you’re trading trends, you can use a divergence as a tool for choosing the best points for your trades. You might even combine it with the retracement method for greater precision. When you can predict the best turning points you will know when to enter a trend.

The post Trading Trends and Using Technical Analysis appeared first on Business Opportunities.

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The 1 Major Difference Between Failed and Successful Entrepreneurs

October 8, 2019 by Asif Nazeer Leave a Comment

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It all comes down to a mindset. Do you have it?



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Filed Under: Entrepreneur

Low-Tech Self-Employed Most at Risk of Being Overtaken by Bots

October 8, 2019 by Asif Nazeer Leave a Comment

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Self-Employed Jobs Threatened by AI

Self-employed people in low paid, routine jobs face the greatest risk of being overtaken by artificial intelligence. This finding comes from new research carried out by the School of Management at the University of Buffalo.

Self-Employed Jobs Threatened by AI

The study found popular, low skilled, regular jobs face the greatest risk of being replaced. For example, these include drivers, independent sales reps and construction and agricultural workers.

The researchers  reviewed every study to date. They focused on self-employment. And they focused on AI. Then they compared the findings to their own research on teams. As a result, research comes from more than 20 published studies. And they stretch across a diverse range of work settings.

Researchers analyzed different sectors. They then concluded some jobs are at risk from AI. But not every occupation faces the threat of an artificial intelligence takeover.

Small Businesses Employing Teams May be at Risk

Small business owners should take interest in the researchers’ conclusions. So should the self-employed and those thinking about starting their own business. What businesses face greater risk of being superseded by AI? Consider occupations which require employees to work in teams. Think about those that require employees to make decisions and negotiate.  Compare these to jobs that require little in terms of decision making and interaction.

The study also highlights the need for the self-employed and small businesses to gain access to AI resources. This keeps up with businesses with greater tech assets. And helps them remain competitive in an increasingly tech-driven climate.

The research also found that jobs that required technical expertise and knowledge, such as the maintenance of robotics and AI hardware distribution, could see a significant rise in demand.

Self-Employed Have Less Access to AI

Kate Bezrukova, associate professor at the Department of Organization and Human Resources at the University of Buffalo, commented:

“Those who are self-employed just don’t have the same access to AI resources that corporate employees do, which makes it difficult for them to keep up with these technical advancements.

Bezrukova refers to the growing demand for IT skills this way:

“It’s like when the computer revolution hit decades ago – there was great fear that computers would replace people. But work just shifted and IT positions grew because we needed more support for our computers and networking.”

Ways exist to help overcome the potential pitfalls of AI. Those pitfalls include overriding many low-skilled routine jobs. The authors of the study recommend creating public awareness programs. Design these to increase understanding of the opportunities and risks of AI.

The researchers also recommend updating the school curriculum. Integrate evolving tools and skills. And research integration of AI in the workplace. Particularly for the self-employed.

Image: Depositphotos.com

This article, “Low-Tech Self-Employed Most at Risk of Being Overtaken by Bots” was first published on Small Business Trends



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Strengthening the foundations of trust in the digital age

October 8, 2019 by Asif Nazeer Leave a Comment

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People’s trust is being undermined by four key factors, tied to the speed of technological change: the speed of change, the volume of data, the unintended consequences of technology, and the widening generational gap. Leaders need to recognize that change is a constant and act to re-instill a sense that society’s institutions and economic drivers – businesses — can be trusted to deliver.See also “How businesses can deliver on trust in the digital age.”

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5 Mistakes Mission-Driven Entrepreneurs Should Avoid

October 7, 2019 by Asif Nazeer Leave a Comment

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Align Impact CEO Jenn Kenning offers lessons to live by.



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Yahoo Small Business Introduces Website Design Service

October 6, 2019 by Asif Nazeer Leave a Comment

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Yahoo Small Business Website Design Service

Yahoo Small Business has unveiled its Website Design Service catering to small businesses. The service provides the design, build, and management of professional websites for small business owners.

Yahoo Small Business Website Design Service

It is expected to lessen the burden on small businesses from learning how to build and manage websites on their own to using the WordPress platform. The new service will provide the design, engineering, copywriting and support services required to create, build, launch and manage a website.

Includes All the Bells and Whistles of a Professional Website

The tools offered by Yahoo Small Business include drag-and-drop website building tools where you can choose from 150+ themes to customize and publish your site. In addition to these capabilities, Yahoo is also providing hosting services. This is a sticking point for many DIYers who have to find their own hosting company.

As part of the package, clients can regularly request content updates and additions to their site including updating security plug-ins. The content is also reviewed for Search Engine Optimization (SEO) before and after launch, which can help the site get higher page rankings and increase organic traffic.

Kush Shrivastava, managing director of Yahoo Small Business, highlights why this service is so important in the emailed press release. Shrivastava goes on to say, “With Website Design Service, small business owners don’t need to spend extensive time or money learning how to code or optimize for search rankings. Yahoo Small Business will handle the heavy-lifting to deliver the world-class website they need to effectively connect with their customers.”

Yahoo Small Business offers an easy step-by-step process that includes consultations with an expert designer. The consultation includes brand goals along with website production, content assets, regular monitoring and maintenance.

Site Tools

One of the challenges in creating your own site is the technical aspect. And if you are not tech-savvy, it can be a problem. Yahoo has overcome this challenge by making tools small businesses can readily use.

It all starts with a large selection of domain extensions so you can customize your name with industry-specific URLs.

After you create and publish your site, you can start selling your products and services online. The eCommerce feature lets you create stores with shipping integration, inventory management, credit card processing and live insights. Additionally, you will get apps to help your business grow.

As a small local business getting discovered by customers is a challenge, both in the real and digital world. Yahoo will solve this problem by listing your business on 70+ local directories from a single dashboard. This is going to allow your customers to find your site easily.

Last but not least, you can create a business email to match your domain name for added credibility and professionalism.

Cost

The Website Design Service includes two offerings. There is a standard package that provides a professional site with basic functionality and light content updates. The premium package offers advance features and capabilities, including accepting reservations or appointments, issuing quotes, customer login and more. Both offerings come with SEO reporting and regular content updates along with mobile optimization.

Yahoo has three pricing options. The Starter package comes with free tools to get business and personal websites up and running. The Basic package starts at $4.99 and includes YSB Insights as well as domain and email for small businesses.

The Professional package is available for $9.49 and includes e-mails for your employees and extra storage space for your data.

Image: Yahoo Small Business

This article, “Yahoo Small Business Introduces Website Design Service” was first published on Small Business Trends



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From the End Zone to the Entertainment Business

October 5, 2019 by Asif Nazeer Leave a Comment

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Thomas Q. Jones talks about leaving the trappings of his NFL career behind in order to grow as an actor.



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A Beginner's Guide to Protecting Your Business No Matter Where It Operates From

October 5, 2019 by Asif Nazeer Leave a Comment

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Depending on where you operate your business, you will face a unique set of risks and exposures. Is your business protected?



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