Friday, February 27, 2009

  • I compared my Operations Manual with the Table of Contents of this template, and it is nearly complete. But I am very interested in the Chapter "Application Interfaces".

In this case we recommend our product
"Application Interface Checklist"

The part two, the Documentation Template for Application Interfaces is identically with this chapter in our template for an IT Operations Manual.
  • My Systems are running stable even without Operating Manuals, and my staff members do know those systems in and out.

Congratulations! - Many of your colleagues would love to have such systems and employees. - But...
  1. An Operations Manual is a mandatory Requirement in all Auditing Standards!
  2. More and more laws and regulations require mandatory external audits. For the case that none of such laws or regulations apply (not yet) to you, there are several more reasons why you really should have a comprehensive operations manual:
  3. It is good practice to have an Operating Manual. We intentionally don't use "best practice", because an Operations Manual you should already have on a maturity level of "good practice", long time before you achieve "best practice"! And latests after something very unpleasant happened, the investigators will ask for the operating manual.
  4. An voluntary audit (if successful) can reduce your Insurance costs!
  5. Each Quality Standard requires an unambiguous assignment of all duties direct to persons or via roles. But this requires that all tasks are detailed listed.

some question about forex business.

  • The Standard Documentation delivered with the Software contains an Administrations Guide. Why do I need to create an additional Operations Manual?

The vendors manual describes the installation, configuration and how to start or schedule processes and tasks, but the vendors manual does not contain
  1. any information about the customized application interfaces to your existing applications
  2. no information about those configuration values which you did choose
  3. no information about the time when you did schedule jobs
  4. no information to whom you assigned which part of the administration and operation
  5. ...
  • We have already an Operating Manual - Why do I need this template?

Use this template to check your existing operations manual for completeness.

A very interesting opportunity for this important check is a to execute this check during an "Operational Application Review Meeting".
Participants:
  1. IT-Manager responsible for this application
  2. Director IT Operations (optional)
  3. Primary Application Support Staff Member doing daily operations
  4. The two Application Support Staff Members who would fill in during vacation or sick leave
During this meeting the IT-Manager or Operations Director asks questions about those topics addressed in our template, and the application support staff members should be able to answer the questions and show where this is documented in the existing operations manual.

For Quality Assurance (QA) reasons such reviews should be executed regularly. The additional time required to review the operating manual during such a review is small and affordable.

The author of this document conducted many of such reviews and identified the area of application interfaces as the most problematic area. Therefore this chapter is especially comprehensive.
  • I Outsourced the Software Development including the Application Integration to a Third Party. Why should I purchase this Template?

In too many projects the Operations Manual is far from being complete, often missing at all. If you add this template or at least the structure to your list of required deliverables then it is clearly specified and there is nothing to discuss any more.

manual system of forex business.

IT Operations Manual / Systems-Handbook will help you
  1. that no important item is forgotten and
  2. a common handbook structure is used throughout all systems. This will support easy cross-system troubleshooting and documentation.
The resulting Operating Manual / Systems-Handbook is an important deliverable of the overall IT system for
  • compliance with documentation-requirements for systems and processes required by internal QA-department or internal auditing department or external auditors or other organizations and laws
and it is an essential source of information to support
  • daily operations by clearly description of all active and proactive tasks to keep the system running and prevent unplanned outages and by providing all information required
  • special operations e.g. outage planning and all special tasks from shut-down to startup
  • troubleshooting by ensuring that all required information is immediately available. Especially in case of problems this document should contain all information required by internal staff or especially by external experts to analyse the problem
  • all other active and proactive tasks (e.g. Hardware / Software / License upgrades / extensions to cover increasing usage) required to keep the system running within the expected performance limits and prevent unplanned outages (e.g. because of an expired license key or exceeding the license limit)

Bank of Canada Surveys Portray Weak Credit Conditions, Flagging Business Activity

The Bank of Canada released both its Business Outlook Survey for winter 2008-09 and its Senior Loan Officer Survey for the fourth quarter of 2008 this morning. The former survey was conducted during the period from November 14 to December 12, while the latter reflected opinions expressed during the period from December 15 to 19.

The release of theses two documents provides a read on credit conditions from both the borrowers' and the lenders' perspective, respectively. For borrowers, the balance of opinion on credit conditions deteriorated (i.e., tighter, less easy conditions) to record high levels; however, because the survey began in 1997, it has never been conducted during a recession in Canada. Specifically, the balance of opinion on credit rose to +57, almost double the +32 recorded in the autumn survey. The tightening largely came in the form of higher borrowing costs.

From the lenders' perspective, the tightening in credit was the highest recorded since this survey was first compiled in 1999. Lenders indicated that the tightening was in both price and non-price (terms or standards of loans) variables. The tightening that occurred via price largely reflected financial institutions passing along the higher cost of capital that they were encountering within credit markets.

The Business Outlook Survey also covers a number of other aspects of the operation of Canadian firms. In the main, these other indicators are suggesting a deterioration in business activity to record levels. Illustrating the former, the balance of opinion (i.e., positive responses less negative responses) on sales during the past 12 months fell to -25 from –2 in the autumn. The balance of opinion on future sales deteriorated even more to -34 from +3 during the same period.

The measures for investment and future hiring also deteriorated sharply in the most recent quarter. The former sank to -31 from +20. The deterioration in the employment measure was not as marked, although the balance of opinion in the most recent quarter turned negative (-8) for the first time ever.

Weakening economic conditions generally resulted in an easing of measures related to production capacity. This, along with falling commodity prices, sent expectations of inflation lower. For example, nearly three-quarters of respondents expected inflation in the next two years to be below the Bank of Canada's 2% mid-point inflation target.

The two Bank of Canada surveys indicate a marked intensification of credit tightening in the last quarter. This, in turn, weighed on most aspects of economic activity as expressed by the surveyed businesses. These pressures will likely keep the Bank of Canada easing policy both by lower interest rates and by injecting liquidity into the system where needed. With respect to the former, we expect the central bank to lower the overnight rate by 50 basis points to 1.00% coming out of next Tuesday's policy meeting.

forex catogries

  • Credit.
  • Currency trading.
  • Debt cosolation.
  • Insurance.
  • Investing.
  • Loan.
  • Mortgage.
  • Personal finance.
  • Real state.
  • Taxes

Thursday, February 26, 2009

training of trading

Trade automatically and make money from home. Get free forex metatrader demo account to learn about automated trading .An expert advisor will display when and at what price it places trades , it can used to practice trading and learn about trading systems and strategies . Expert advisors give instant buy & Sell trade entry signals on your metatrader platform with take profit and stop loss levels. It can be a great aid to your trading and profitability. A good expert advisor will have good money management coded in the software, giving an indication of how much currency pair to buy or sell. Until your forex expert advisor trading shows a profit consistently for 6 months, do not start trading real money.

What are expert advisors?

An Expert Advisor is a computer program written in the MQL language (similiar to c++) and designed to automate trading activities on the MetaTrader platform. It can be programmed to trade your account automatically as per your trading rules.

some questions.

What Questions to ask the currency trading expert provider

1. How is their customer service? Email them. How long does it take to get a response? Are they polite? Is their answer helpful? Does he answer his emails promptly?

2. Does he SUPPLY all the information of the expert advisor trading system? How often does the expert advisor trade? Usually the less often, the more likely they are to be a profitable service. Is the expert advisor strategy profitable? Test out the expert advisor for consistency in back testing and forward testing.You need to know how your potential gains and losses .Do the expert advisors only trade entry signals? Or do they provide both entry and exit signals?

3. Do the expert advisors use money and risk management? How much position size to trade and what % of account size to trade? . You must know yourself and your risk and trading appetite before you use any expert advisor,” . The money management system should be tailored to fit your style.

4. What currency pairs are the expert advisors suitable for? Expert advisors that work only on one or two currency pairs without altering the settings for other pairs should be avoided. They will lose money if the currency pairs traded change their behavior.

5. Refund conditions if expert advisor has bugs .What are his refund conditions? Does he offer a refund for consistently crappy expert advisor? Most sellers will stop answering emails and mess you about.

6. Does seller trade it on his live account? Don’t buy expert advisor from someone who didn't trade using the software on live accounts. Non-traders aren't aware of all the little nuances of trading."

7. Ask for password to log into his trading account as an investor, if he refuses he is most likely hiding skeletons." ? Ask for at least several weeks of access . "Sounds tough? Well, so is losing your money trading a crappy expert advisor system,”

forex ?

Trading foreign currencies is called forex trade

AUTOMATED FX TRADER. Expert advisor is computer software which will buy and sell currencies for the owner. The software is programmed with instructions as to when to buy and sell currencies. All that is required is a computer, broadband and a metatrader broker, and of course a high quality expert advisor to trade on your behalf. The profitability and success depends entirely on the quality of the expert advisor, which is the programmed software. The third image below shows trades automatically executed by an expert advisor......almost over 1,000 pips profit and over 10 trades running simultaneously .Have you ever seen a human being do 10 jobs simultaneously?

Most expert advisors fail like 95% of traders.The majority of expert advisor systems purchased fail because market conditions change over time and traders become too reliant upon systems that they don't understand and as a result, are unable to objectively recognize and respond to these changes.The key is to develop your own expert advisors. The solution is to run a portfolio of expert advisors.OILFXPRO the key to successful expert advisor strategies is to operate a portfolio of expert advisors .Oilfxpro operates 15 different expert advisors simultaneously and each of the expert advisors is the size of 5 standard expert advisors.It really has to be a highly sophisticated trading system consisting of 15 mini trading systems , using exit managers (an EA on its developed for exits), profit manager (for managing profits on multi systems trading simultaneously), advanced profit manager for highly sophisticated trade management and advanced dynamic stop loss systems"