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    Ethics in Franchising Considered
    Many people want to get out of corporate America and get into their own franchise business as part of their American dream. They would rather control their own destiny than be controlled by corporate America. However, sometimes that American dream can turn into an American nightmare.Of course franchising has a lower failure rate and someone who starts their own business from scratch, but still the franchise buyer must be wary of the Franchisor's methods and motives and consider the ethics of those running the franchising company.Many franchise systems could care less how much money the franchisee makes, they only care how much products they sell to the franchisee, which then in turns sells those products at retail to the customer.For some franchising companies is only a method of distributing their products into the marketplace and a way to propel growth of their brand name. Franchising doesn't work very good for that and it can or good for the franchisee as well if the franchising company is ethical and forthright and cares about their franchisee team.I have seen a few franchising companies which have no profitable outlets and very few which ever achieve return on investment or breakeven point. This is a common scenario that I have seen in franchising. I think franchisors should be more noble, due to the incredible responsibilities. Yet the
    otes in end of article)

    Chart2.3.2 (For view the picture see notes in end of article)

    .

    Chart 2.3.3. (For view the picture see notes in end of article)

    Chart 2.3.4. (For view the picture see notes in end of article)

    Chart 2.3.5. (For view the picture see notes in end of article)

    We now dwell on the advantages of the technical analysis given by Axel Rudolph to Forex market.

    1.For a trader, it is so easily to see the reversal (pivot) point and 3 levels of resistance/ support as regards the 8 basic currency pairs at Forex. Surely, such approach economizes the time.

    2.One should pay attention to Axel analytical review title. The further currency movement at that very day must be taken into account as well. Rudolph Alex has clearly exposed the currency pair movement direction at the beginning of trading at Forex.

    3.In the charts that concern June 7, 2006, one can watch how the ally currency pairs, located place beyond the pivot, have managed to break through the levels of resistance/ support ## 1, 2, 3. It is conditioned by decrease in USD rate.

    4.Let us dwell on the possibility of gaining profit at Forex. As one can judge by the above-given examples, a trader can gain profit with the currency pair movement to start from the 1st and up to the 3rd level of support/resistance.

    The comments. The reader should pay attention to dispute between Masterforex-V Trading Academy students and a leader of Forex Brokers Forex Club. This Forex Brokers, every day issuing Dow Jones Newswires, somehow manages to keep on “forgetting” to submit the analytical reviews that contain Rudolph Axel’s levels to i

    The Advantage of Using Teams for Residential Cleaning
    Many residential cleaning companies start out as a one-person operation. But as your cleaning company grows and you add employees you will soon face the problem of whether you should send in a single person to clean a home or if you should send in a team. Some cleaners may prefer to work alone, but is that in the best interest of your cleaning company?A single cleaner does all the tasks and does not have to negotiate with anyone about who will do what task or how things will get done. One person can generally clean two to three houses a day - but they may only be able to clean just one home if it is large and there's a long drive to get to it. Teams will consist of two to four people, who are all cross-trained. Teams can clean from two to seven houses a day, which can triple the number a lone person can clean.No matter if you pay for mileage or if you provide a company car, you will spend more money if you have single cleaners going out on jobs rather than teams. When you use teams they can pair up in a vehicle, cutting down on the cost of mileage to and from each job.What can be a large drawback of using single cleaners is the risk that they can steal from your customers. Also, a single cleaner works directly with a customer and may have opportunities to talk to that customer alone. The customer may approach the cleaner about cutting out the middle p
    For the work at Forex, every day each trader must detect technical levels of the resistance and support. As it is already mentioned in the previous chapters, detection of technical levels of the resistance and support is rather complicated. A trader (and the beginner especially) must clearly differ the levels of various currency pairs. Issuing from these criteria, one can project a commercial plan for the trading session and develop the daily working tactics.

    I suppose that the most optimal technical levels are submitted by Axel Rudolph from Dow Jones Newswires agency.

    There is an example of the technical levels on July 7, 2006.

    According to the technical analysis given to European currency markets by Axel Rudolph from Dow Jones Newswires agency, USD will come down (drop) – see the moving charts made on July 7, 2006 for 24 hours.

    EUR/USD; EUR/GBP; EUR/JPY; EUR/ CHF .

    The 3rd resistance! 1.2914 !0.6997 !148.12 !1.5766 !
    The 2nd resistance! 1.2842 !0.6988 !147.80 !1.5742 !
    The 1st resistance! 1.2789 !0.6968 !147.50 !1.5713 !
    The point of reversal (pivot)! 1.2775 !0.6957 !147.15 !1.5699 !
    The 1st support!1.2758 !0.6942 !146.96 !1.5689 !
    The 2nd support! 1.2730 !0.6920 !146.55 !1.5669 !
    The 3rd support! 1.2685 !0.6913 !146.20 !1.5650 !
    Let us examine EUR/USD pair movement during the day. The pair aims at the minor (accessory) resistance at the level 1.2789 (it is Fibonacci correction level by 61.8%). If this level will be broken through, the pair will reach the point 1.2842. For this pair, the 1st level of support is located at the level 1.2758 (the minimum on Sunday). If, on the contrary to expectations, this level will be broken through, the pair can “test for strength” the minor (accessory, second-order) support at the level 1.2730.

    In the weekly EUR/USD pair movement is depicted. It is an ascending trend.

    EUR/GBP pair movement is presented in the daily chart. One can expect the pair to reach (arrive at) the secondary resistance at the level 0.6968. If this level will be broken through, the pair will aim at the resistance at the point 0.6988. The 1st level of support is located at 0.6942. If this level of support will not resists (stand up), the currency pair will aim at the level support at 0.6920.

    In the weekly chart, one can see EUR/GBP pair movement. It is an ascending trend.

    EUR/JPY pair movement is depicted in the daily chart. This pair aims at the minor (accessory) resistance at 147.50 – until the 1st support at 146.96 is not broken through (the daily minimum on Tuesday). Exceeding the value of 147.50, the pair will aim at the minor (accessory) resistance at 147.80. Below 146.96, the levels of support are 146.55 and 146.20.

    EUR/JPY pair movement is depicted in the weekly chart. It is an ascending trend.

    Further, EUR/CHF pair movement is depicted in the daily chart. The pair again “puts on trial” the minor (accessory) resistance at the level 1.5713 (it is the maximum in the given medium). If this level will be broken through, this pair will “test for durability” the resistance at the level 1.5742. The 1st support is located at the level 1.5689. The next one is placed at 1.5669 (the minimal value on the Thursday morning).

    There is EUR/CHF pair movement depicted in the weekly chart. It is the ascending trend.

    And now we regard with the following currency pairs:

    GBP/USD; USD/JPY; USD/CHF ; Aussie dollar/USD.

    The 3rd resistance!1.8496 !116.67 !1.2446 !0.7510 !

    The 2nd resistance! 1.8475 !116.01 !1.2396 !0.7503 !
    The 1 st resistance! .!1.8415 !115.84 !1.2364 !0.7481 !
    The point of reversal! 1.8370 !115.20 !1.2292 !0.7464!

    The 1st support! 1.8320 !115.02 !1.2262 !0.7449 !
    The 2nd support! 1.8270 !114.34 !1.2197 !0.7439 !
    The 3rd support! !1.8200 !114.00 !1.2135 !0.7405 !
    Let us examine GBP/USD pair movement during that day. The pair aims at the minor (accessory) resistance at the level 1.8415. If this level will be broken through, the pair will aim at the point 1.8475. For this currency pair, the minor (accessory) support is located at the level 1.8320 (the maximum on June 23). The next level of support makes 1.8270 (the maximum on June 27).

    There is GBP/USD pair movement depicted in the weekly chart. Is it the recoil from the level of support?

    Let us examine USD/JPY pair movement during a day. The currency pair is descending again, aiming at the minor (accessory) support at 115.02. If this level will be broken through, the currency pair will aim at the level of support at 114.34. The first resistance is located at 115.84 (the maximum in the medium).

    We now dwell on USD/JPY pair weekly movement. The increase is hampered by the resistance level.

    Let us examine the daily chart of USD/CHF movement. One can expect the pair to descend down to the minor (accessory) support at 1.2262, till the growth will be restricted by the resistance at 1.2364. If this level of resistance will be broken through, an increase in this currency pair on Friday can restrict the minor (accessory) resistance at 1.2396. The support is located at 1.2197, which is lower than the level 1.2262 (the minimum in the medium).

    Again, one can study USD/CHF pair movement, depicted in the weekly chart. The increase is hampered by the level of resistance.

    There is AUD /USD pair movement depicted in the daily chart. This pair aims at the minor (accessory) resistance at 0.7481. If this level will be broken through, this pair will aim at the marks 0.7503 and 0.7510. These points are the maximums on June 9 and June 12, respectively. The 1st minor (accessory) support is located at the level 0.7449 (the minimum on the Friday morning). This level of support must hold out (“survive”) if the currency pair tests this level for strength (durability). If this level will be broken through, the minor (accessory) support at 0.7339 will hamper the decay of this currency pair.

    There is Aussie dollar /USD pair movement depicted in the weekly chart. One can see the recoil from the level of support.

    The point of recoil (U-turn, pivot) is equal to the sum of the maximal and minimal prices of the bargain closing at the previous day, divided by three.

    Students of Masterforex Trading Academy have developed an indicator – Pivot RS session. It is intended for saving time that could be spent on daily marking points of recoil (U-turn, pivot) and 3 levels of the resistance and support (see the levels of the resistance and support by Axel RS - http://forum.masterforex-v.su

    Chart 2.3.1(For view the picture see notes in end of article)

    Chart2.3.2 (For view the picture see notes in end of article)

    .

    Chart 2.3.3. (For view the picture see notes in end of article)

    Chart 2.3.4. (For view the picture see notes in end of article)

    Chart 2.3.5. (For view the picture see notes in end of article)

    We now dwell on the advantages of the technical analysis given by Axel Rudolph to Forex market.

    1.For a trader, it is so easily to see the reversal (pivot) point and 3 levels of resistance/ support as regards the 8 basic currency pairs at Forex. Surely, such approach economizes the time.

    2.One should pay attention to Axel analytical review title. The further currency movement at that very day must be taken into account as well. Rudolph Alex has clearly exposed the currency pair movement direction at the beginning of trading at Forex.

    3.In the charts that concern June 7, 2006, one can watch how the ally currency pairs, located place beyond the pivot, have managed to break through the levels of resistance/ support ## 1, 2, 3. It is conditioned by decrease in USD rate.

    4.Let us dwell on the possibility of gaining profit at Forex. As one can judge by the above-given examples, a trader can gain profit with the currency pair movement to start from the 1st and up to the 3rd level of support/resistance.

    The comments. The reader should pay attention to dispute between Masterforex-V Trading Academy students and a leader of Forex Brokers Forex Club. This Forex Brokers, every day issuing Dow Jones Newswires, somehow manages to keep on “forgetting” to submit the analytical reviews that contain Rudolph Axel’s levels to i

    How To Choose A Web Site Designer?
    It seems that everyone from the 15-year-old child to their Grandmother is able to design a web site these days. You could also build the site yourself using a word processor or other web site program; however if you choose this route, plan on spending quite a bit of time learning, to get your site to look professional. Creating a web site is not as simple as typing a letter.If you want your site to look professional, it is imperative to have a designer that will be with you from the start to the finish of your web site and will also be there in the future should you need changes or updates to your site.So how do you distinguish who is a good designer or a bad one?Here are some important steps to take before making that important decision:1.Credentials – does the person or business have professional qualifications in Web Design and the Internet? Are they certified in any particular area of web design? You can often check this out by going to their “about” page on their web site. If they have taken the time to gain the qualifications, then you know they are serious about their business.2. Experience – how long has the person or business been designing web sites and working with the Internet? If it is only a short time then they may not be familiar with all the technologies available in designing a web site and may not b
    ry to expectations, this level will be broken through, the pair can “test for strength” the minor (accessory, second-order) support at the level 1.2730.

    In the weekly EUR/USD pair movement is depicted. It is an ascending trend.

    EUR/GBP pair movement is presented in the daily chart. One can expect the pair to reach (arrive at) the secondary resistance at the level 0.6968. If this level will be broken through, the pair will aim at the resistance at the point 0.6988. The 1st level of support is located at 0.6942. If this level of support will not resists (stand up), the currency pair will aim at the level support at 0.6920.

    In the weekly chart, one can see EUR/GBP pair movement. It is an ascending trend.

    EUR/JPY pair movement is depicted in the daily chart. This pair aims at the minor (accessory) resistance at 147.50 – until the 1st support at 146.96 is not broken through (the daily minimum on Tuesday). Exceeding the value of 147.50, the pair will aim at the minor (accessory) resistance at 147.80. Below 146.96, the levels of support are 146.55 and 146.20.

    EUR/JPY pair movement is depicted in the weekly chart. It is an ascending trend.

    Further, EUR/CHF pair movement is depicted in the daily chart. The pair again “puts on trial” the minor (accessory) resistance at the level 1.5713 (it is the maximum in the given medium). If this level will be broken through, this pair will “test for durability” the resistance at the level 1.5742. The 1st support is located at the level 1.5689. The next one is placed at 1.5669 (the minimal value on the Thursday morning).

    There is EUR/CHF pair movement depicted in the weekly chart. It is the ascending trend.

    And now we regard with the following currency pairs:

    GBP/USD; USD/JPY; USD/CHF ; Aussie dollar/USD.

    The 3rd resistance!1.8496 !116.67 !1.2446 !0.7510 !

    The 2nd resistance! 1.8475 !116.01 !1.2396 !0.7503 !
    The 1 st resistance! .!1.8415 !115.84 !1.2364 !0.7481 !
    The point of reversal! 1.8370 !115.20 !1.2292 !0.7464!

    The 1st support! 1.8320 !115.02 !1.2262 !0.7449 !
    The 2nd support! 1.8270 !114.34 !1.2197 !0.7439 !
    The 3rd support! !1.8200 !114.00 !1.2135 !0.7405 !
    Let us examine GBP/USD pair movement during that day. The pair aims at the minor (accessory) resistance at the level 1.8415. If this level will be broken through, the pair will aim at the point 1.8475. For this currency pair, the minor (accessory) support is located at the level 1.8320 (the maximum on June 23). The next level of support makes 1.8270 (the maximum on June 27).

    There is GBP/USD pair movement depicted in the weekly chart. Is it the recoil from the level of support?

    Let us examine USD/JPY pair movement during a day. The currency pair is descending again, aiming at the minor (accessory) support at 115.02. If this level will be broken through, the currency pair will aim at the level of support at 114.34. The first resistance is located at 115.84 (the maximum in the medium).

    We now dwell on USD/JPY pair weekly movement. The increase is hampered by the resistance level.

    Let us examine the daily chart of USD/CHF movement. One can expect the pair to descend down to the minor (accessory) support at 1.2262, till the growth will be restricted by the resistance at 1.2364. If this level of resistance will be broken through, an increase in this currency pair on Friday can restrict the minor (accessory) resistance at 1.2396. The support is located at 1.2197, which is lower than the level 1.2262 (the minimum in the medium).

    Again, one can study USD/CHF pair movement, depicted in the weekly chart. The increase is hampered by the level of resistance.

    There is AUD /USD pair movement depicted in the daily chart. This pair aims at the minor (accessory) resistance at 0.7481. If this level will be broken through, this pair will aim at the marks 0.7503 and 0.7510. These points are the maximums on June 9 and June 12, respectively. The 1st minor (accessory) support is located at the level 0.7449 (the minimum on the Friday morning). This level of support must hold out (“survive”) if the currency pair tests this level for strength (durability). If this level will be broken through, the minor (accessory) support at 0.7339 will hamper the decay of this currency pair.

    There is Aussie dollar /USD pair movement depicted in the weekly chart. One can see the recoil from the level of support.

    The point of recoil (U-turn, pivot) is equal to the sum of the maximal and minimal prices of the bargain closing at the previous day, divided by three.

    Students of Masterforex Trading Academy have developed an indicator – Pivot RS session. It is intended for saving time that could be spent on daily marking points of recoil (U-turn, pivot) and 3 levels of the resistance and support (see the levels of the resistance and support by Axel RS - http://forum.masterforex-v.su

    Chart 2.3.1(For view the picture see notes in end of article)

    Chart2.3.2 (For view the picture see notes in end of article)

    .

    Chart 2.3.3. (For view the picture see notes in end of article)

    Chart 2.3.4. (For view the picture see notes in end of article)

    Chart 2.3.5. (For view the picture see notes in end of article)

    We now dwell on the advantages of the technical analysis given by Axel Rudolph to Forex market.

    1.For a trader, it is so easily to see the reversal (pivot) point and 3 levels of resistance/ support as regards the 8 basic currency pairs at Forex. Surely, such approach economizes the time.

    2.One should pay attention to Axel analytical review title. The further currency movement at that very day must be taken into account as well. Rudolph Alex has clearly exposed the currency pair movement direction at the beginning of trading at Forex.

    3.In the charts that concern June 7, 2006, one can watch how the ally currency pairs, located place beyond the pivot, have managed to break through the levels of resistance/ support ## 1, 2, 3. It is conditioned by decrease in USD rate.

    4.Let us dwell on the possibility of gaining profit at Forex. As one can judge by the above-given examples, a trader can gain profit with the currency pair movement to start from the 1st and up to the 3rd level of support/resistance.

    The comments. The reader should pay attention to dispute between Masterforex-V Trading Academy students and a leader of Forex Brokers Forex Club. This Forex Brokers, every day issuing Dow Jones Newswires, somehow manages to keep on “forgetting” to submit the analytical reviews that contain Rudolph Axel’s levels to i

    Career Choices; Buying a Franchise, Starting a New Business or a Job in Corporate America
    There is no doubt that life is full of choices and one of the toughest choices of all is deciding which career path to take. There are no guarantees and sometimes success in the workforce depends a lot upon luck and due diligence. Taking a job in corporate America makes a lot of sense because you get a regular paycheck and you know exactly how much it will be.Often you also find yourself with benefits such as health insurance for yourself and your family. Most corporate jobs also offer retirement benefits and a pension. Lately in corporate America we have seen these benefits cut and layoffs and so there is no guarantee on any of that either and yet most people seek stability in their career.Owning or starting a small business is not necessarily a stable and ever and the failure rate of small businesses is quite high. Then there is the franchise offering, which often looks enticing because you buy a business model already prepackaged and they will train you on how to do the business. Even so there is no guarantee that this will work either. The failure rate for franchising companies or Franchisors is 80% in the first five years.If you buy a franchise from a company, which is new and it goes out of business then you will not have the support, which you had anticipated. A more established franchisor due to supply and demand may not offer you as good
    hart. It is the ascending trend.

    And now we regard with the following currency pairs:

    GBP/USD; USD/JPY; USD/CHF ; Aussie dollar/USD.

    The 3rd resistance!1.8496 !116.67 !1.2446 !0.7510 !

    The 2nd resistance! 1.8475 !116.01 !1.2396 !0.7503 !
    The 1 st resistance! .!1.8415 !115.84 !1.2364 !0.7481 !
    The point of reversal! 1.8370 !115.20 !1.2292 !0.7464!

    The 1st support! 1.8320 !115.02 !1.2262 !0.7449 !
    The 2nd support! 1.8270 !114.34 !1.2197 !0.7439 !
    The 3rd support! !1.8200 !114.00 !1.2135 !0.7405 !
    Let us examine GBP/USD pair movement during that day. The pair aims at the minor (accessory) resistance at the level 1.8415. If this level will be broken through, the pair will aim at the point 1.8475. For this currency pair, the minor (accessory) support is located at the level 1.8320 (the maximum on June 23). The next level of support makes 1.8270 (the maximum on June 27).

    There is GBP/USD pair movement depicted in the weekly chart. Is it the recoil from the level of support?

    Let us examine USD/JPY pair movement during a day. The currency pair is descending again, aiming at the minor (accessory) support at 115.02. If this level will be broken through, the currency pair will aim at the level of support at 114.34. The first resistance is located at 115.84 (the maximum in the medium).

    We now dwell on USD/JPY pair weekly movement. The increase is hampered by the resistance level.

    Let us examine the daily chart of USD/CHF movement. One can expect the pair to descend down to the minor (accessory) support at 1.2262, till the growth will be restricted by the resistance at 1.2364. If this level of resistance will be broken through, an increase in this currency pair on Friday can restrict the minor (accessory) resistance at 1.2396. The support is located at 1.2197, which is lower than the level 1.2262 (the minimum in the medium).

    Again, one can study USD/CHF pair movement, depicted in the weekly chart. The increase is hampered by the level of resistance.

    There is AUD /USD pair movement depicted in the daily chart. This pair aims at the minor (accessory) resistance at 0.7481. If this level will be broken through, this pair will aim at the marks 0.7503 and 0.7510. These points are the maximums on June 9 and June 12, respectively. The 1st minor (accessory) support is located at the level 0.7449 (the minimum on the Friday morning). This level of support must hold out (“survive”) if the currency pair tests this level for strength (durability). If this level will be broken through, the minor (accessory) support at 0.7339 will hamper the decay of this currency pair.

    There is Aussie dollar /USD pair movement depicted in the weekly chart. One can see the recoil from the level of support.

    The point of recoil (U-turn, pivot) is equal to the sum of the maximal and minimal prices of the bargain closing at the previous day, divided by three.

    Students of Masterforex Trading Academy have developed an indicator – Pivot RS session. It is intended for saving time that could be spent on daily marking points of recoil (U-turn, pivot) and 3 levels of the resistance and support (see the levels of the resistance and support by Axel RS - http://forum.masterforex-v.su

    Chart 2.3.1(For view the picture see notes in end of article)

    Chart2.3.2 (For view the picture see notes in end of article)

    .

    Chart 2.3.3. (For view the picture see notes in end of article)

    Chart 2.3.4. (For view the picture see notes in end of article)

    Chart 2.3.5. (For view the picture see notes in end of article)

    We now dwell on the advantages of the technical analysis given by Axel Rudolph to Forex market.

    1.For a trader, it is so easily to see the reversal (pivot) point and 3 levels of resistance/ support as regards the 8 basic currency pairs at Forex. Surely, such approach economizes the time.

    2.One should pay attention to Axel analytical review title. The further currency movement at that very day must be taken into account as well. Rudolph Alex has clearly exposed the currency pair movement direction at the beginning of trading at Forex.

    3.In the charts that concern June 7, 2006, one can watch how the ally currency pairs, located place beyond the pivot, have managed to break through the levels of resistance/ support ## 1, 2, 3. It is conditioned by decrease in USD rate.

    4.Let us dwell on the possibility of gaining profit at Forex. As one can judge by the above-given examples, a trader can gain profit with the currency pair movement to start from the 1st and up to the 3rd level of support/resistance.

    The comments. The reader should pay attention to dispute between Masterforex-V Trading Academy students and a leader of Forex Brokers Forex Club. This Forex Brokers, every day issuing Dow Jones Newswires, somehow manages to keep on “forgetting” to submit the analytical reviews that contain Rudolph Axel’s levels to i

    The Power of Questions to Attract Ideal Clients
    My mother wanted to be sure that her condo in Florida was in my name. When she checked with the condo administrator she found there was a Quit Claim Deed dated 1990 on file that said just the opposite. The condo was taken out of my name and put in the name of both my parents.The advice from the condo administrator was to get another Quit Claim Deed to make it in my name again. How could we do that? She directed us to the self help desk in the court house.My mother is 93 and court houses are usually big and require lots of walking. She uses a walker so that didn’t seem like something she could do. Besides I wanted it done correctly and we really didn’t know what we were doing. I suggested we call a lawyer.Reluctantly (“It will cost too much!”) she agreed that I could make the call as long as I found out how much the fee would be first.I called an attorney and asked him his hourly rate and an estimate of how much it would cost to file a new Quit Claim Deed. He asked these questions: Had I considered the impact of this change on my estate? Had my mother ever gifted me anything before? What affect would this have on my mother’s taxes? What affect would this have on my taxes?He added that he would tell me his hourly rate but he couldn’t tell me how long it would take him. His questions showe
    1.2364. If this level of resistance will be broken through, an increase in this currency pair on Friday can restrict the minor (accessory) resistance at 1.2396. The support is located at 1.2197, which is lower than the level 1.2262 (the minimum in the medium).

    Again, one can study USD/CHF pair movement, depicted in the weekly chart. The increase is hampered by the level of resistance.

    There is AUD /USD pair movement depicted in the daily chart. This pair aims at the minor (accessory) resistance at 0.7481. If this level will be broken through, this pair will aim at the marks 0.7503 and 0.7510. These points are the maximums on June 9 and June 12, respectively. The 1st minor (accessory) support is located at the level 0.7449 (the minimum on the Friday morning). This level of support must hold out (“survive”) if the currency pair tests this level for strength (durability). If this level will be broken through, the minor (accessory) support at 0.7339 will hamper the decay of this currency pair.

    There is Aussie dollar /USD pair movement depicted in the weekly chart. One can see the recoil from the level of support.

    The point of recoil (U-turn, pivot) is equal to the sum of the maximal and minimal prices of the bargain closing at the previous day, divided by three.

    Students of Masterforex Trading Academy have developed an indicator – Pivot RS session. It is intended for saving time that could be spent on daily marking points of recoil (U-turn, pivot) and 3 levels of the resistance and support (see the levels of the resistance and support by Axel RS - http://forum.masterforex-v.su

    Chart 2.3.1(For view the picture see notes in end of article)

    Chart2.3.2 (For view the picture see notes in end of article)

    .

    Chart 2.3.3. (For view the picture see notes in end of article)

    Chart 2.3.4. (For view the picture see notes in end of article)

    Chart 2.3.5. (For view the picture see notes in end of article)

    We now dwell on the advantages of the technical analysis given by Axel Rudolph to Forex market.

    1.For a trader, it is so easily to see the reversal (pivot) point and 3 levels of resistance/ support as regards the 8 basic currency pairs at Forex. Surely, such approach economizes the time.

    2.One should pay attention to Axel analytical review title. The further currency movement at that very day must be taken into account as well. Rudolph Alex has clearly exposed the currency pair movement direction at the beginning of trading at Forex.

    3.In the charts that concern June 7, 2006, one can watch how the ally currency pairs, located place beyond the pivot, have managed to break through the levels of resistance/ support ## 1, 2, 3. It is conditioned by decrease in USD rate.

    4.Let us dwell on the possibility of gaining profit at Forex. As one can judge by the above-given examples, a trader can gain profit with the currency pair movement to start from the 1st and up to the 3rd level of support/resistance.

    The comments. The reader should pay attention to dispute between Masterforex-V Trading Academy students and a leader of Forex Brokers Forex Club. This Forex Brokers, every day issuing Dow Jones Newswires, somehow manages to keep on “forgetting” to submit the analytical reviews that contain Rudolph Axel’s levels to i

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    Chart2.3.2 (For view the picture see notes in end of article)

    .

    Chart 2.3.3. (For view the picture see notes in end of article)

    Chart 2.3.4. (For view the picture see notes in end of article)

    Chart 2.3.5. (For view the picture see notes in end of article)

    We now dwell on the advantages of the technical analysis given by Axel Rudolph to Forex market.

    1.For a trader, it is so easily to see the reversal (pivot) point and 3 levels of resistance/ support as regards the 8 basic currency pairs at Forex. Surely, such approach economizes the time.

    2.One should pay attention to Axel analytical review title. The further currency movement at that very day must be taken into account as well. Rudolph Alex has clearly exposed the currency pair movement direction at the beginning of trading at Forex.

    3.In the charts that concern June 7, 2006, one can watch how the ally currency pairs, located place beyond the pivot, have managed to break through the levels of resistance/ support ## 1, 2, 3. It is conditioned by decrease in USD rate.

    4.Let us dwell on the possibility of gaining profit at Forex. As one can judge by the above-given examples, a trader can gain profit with the currency pair movement to start from the 1st and up to the 3rd level of support/resistance.

    The comments. The reader should pay attention to dispute between Masterforex-V Trading Academy students and a leader of Forex Brokers Forex Club. This Forex Brokers, every day issuing Dow Jones Newswires, somehow manages to keep on “forgetting” to submit the analytical reviews that contain Rudolph Axel’s levels to its traders. Only students of Masterforex-V Trading Academy have made one of the largest Forex Brokers of Forex club in Russia to include Rudolph Axel’s analytical investigations into Dow Jones Newswires for the traders.

    We now dwell on drawbacks of technical levels at Forex, submitted by Dow Jones’s agency.

    1. Any system cannot be reliable if one does not understand the essence of it. So, what one can do when Axel’s levels would be not issued tomorrow. Otherwise, R. Axel can be mistaken.

    2. How one can on one’s own detect R. Axel’s levels in several hours before the news publication.

    3. How one can manage to know the levels of resistance/support in half of an hour earlier than R. Axel would publish it? By the way, students of Masterforex-V Trading Academy somehow do get this information earlier than it appears in Dow Jones Newswires (news line), issued by leading Forex Brokers in Russia?

    4. You can calculate the currency pair pivot (the point of reversal) according to the following technique: “the point of reversal is equal to the sum of the maximum, minimum and the price of closing at the previous day, divided by three”. However, this point will never coincide with the value, which R. Axel would submit you the next morning. Is not it true? How to calculate the pivot so that to make both these values to coincide?

    5. Which other techniques can be used in order to check the correctness of R. Axel’s levels. For instance, on July 7, 2006 the fourth level of resistance for the EUR/GBP pair was calculated before the issue of news. It made the local peak in American session. (GBP was at 1.8540; EUR was at 1.2860).

    There is another example. On July 10, 2006 R. Axel has pointed out to the 3rd level of support of GBP as 1.8415. At the same time, the majority of participants of Masterforex-V Trading Academy closed their bargains at 1.8365 – it was the local minimum on that very day (July 10, 2006). How one can detect a local minimum of the trading day with the accuracy up to 1 point in the first half of the trading session when GBP has moved through 160 points?

    Chart 2.3.8. (For view the picture see notes in end of article)

    Aiming at gaining profits regularly, students of Masterforex-V Trading Academy study such specificities. Surely, the detection of pivot point and the 3-4 levels of resistance/support is necessary for gaining profits regularly. However, the knowledge just of this method is not enough.

    Note: Full text of this article and pictures of examples you can see on http://www.masterforex-v.su/002_003.htm

    If you wish to be trained on Trading System Masterforex-V - one of new and most effective techniques of trade on Forex in the world visit http://www.masterforex-v.su/

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