Are you a blogger? Do you own your own blog? If you answered yes to both of these questions, then you need to know that you can make money off of your blog, good money at that. Are you interested in learning how? Read on and I’ll share some tips from the pros on how you can monetize your site.

Operating a blog is as easy as joining Blogger and starting to write. As soon as you join Blogger, Google will invite you to join their ad display network called AdSense. Once you apply and are approved, you can run ads on your blog. You will only get paid for each time people click on your ads but you can earn anywhere from five cents to over one dollar for just one click. Don’t click on the ads yourself or encourage people to do the same, as this is stealing and Google knows when you click. You don’t want to lose a steady stream of income which can easily top $50, $100 or more per month.

If your blog has a popular theme, such as a blog for German Shepherds, and every German Shepherd owner in the country knows about your blog, then you can sell banner ads to dog groomers, veterinarians, pet supply companies, and more. Add this income to your Google money and you’ll be doing fairly well.

You can also charge for text links on your site or charge others to blog on your already popular site. In exchange for their blog entries and payment to you, you would allow them to have keyword rich text links back to your site.

Another way to monetize your blog is to join an existing blog network. Large networks of blogs are always on the look out for high trafficked blogs and they may pay you to post on your own blog in exchange for running their ads on your site. This set up could mean that you would have to take down your AdSense ads and let theirs run on the site, but if the daily income is good, you could end up making more money in the long run with this type of arrangement.

Of course, if you get really good at blogging you can establish your own little network of a dozen or so high trafficked blogs. Get your business going enough and who knows, you may be able to quit your day job and make a living off of your blogs!

Adamheist
http://www.articlesbase.com/finance-articles/you-can-make-money-with-your-blog-128207.html

Once your small business has an established website, you’ll find that the top three search engines (Google, Yahoo, MSN) will provide the bulk of your traffic – with Google probably sending you more visitors than all other sources combined. Sure, you can submit to directories and exchange links with other websites, but they will not directly provide much traffic. Now, it’s probably fair to say that you should focus almost all of your online marketing efforts to ranking well in the most popular search engines. Below, I’ll list some tips to help you do just that.

Target Specific Key Phrases

Try to think what keywords a potential customer or client is going to use to search for a business in your industry. Now, take those keywords and make them more into more specific key phrases. For example, if you are a website designer, then you would want to use a key phrase to give your term a geographical focus like: “Windsor Ontario website design”. Or, if you specialize in small business website design, use: “small business website design”. You want to stay away from keywords that are too general because they are very competitive terms. If you choose to target “website design”, you’re going to be competing against every other web designer around the world – good luck!

On-Page Optimization

Now that you have chosen just a few specific keywords, we need to include them in your website so the search engines will know that your business relates to those terms. Try to only target one or two keywords or key phrases per page. Be sure to include these keywords or phrases in you Title tag, Meta Description tag, and Meta Keywords tag. Don’t worry about the Meta Keywords tag too much – the search engines (Google Especially) give this tag little or no weight when determining search engine relevancy. Here are some more ways to include your keywords or phrases in your pages:

H1 or H2 Tags: why not include an H1 tag right at the top of the page with your key phrase. Follow that up with an H2 tag including another key phrase or word. But, make sure that you use both tags, in use them in the proper order – H2 following H1.

Body of Page: make sure you include your key phrases in the text in the body of the web page. Make sure that it sounds natural, though. Don’t include it too many times or you may be penalized for “key word stuffing”.

Bold, Italics & Underline: in the body of your web page, try to use these tags to emphasize your keywords.

Bulleted Lists: try to include your key phrases in a bulleted list. Remember, it should look natural.

Alternate Text Tags: include alternate text to describe the various images on your website. This tag allows blind Internet users to understand what images you have on your site. Search engines index this information and you can use it to your advantage by including a couple key phrases.

Include Relevant Content

Content is now king when it comes to search engine optimization today. Why should your website be important if it doesn’t include any information that could interest a visitor? Including information and articles regarding your product, services, or industry is the best way to let the search engines know that your website really matters. There are hundreds of article directories that allow you to freely use their articles on your website. All you are asked to do is provide a link to the author’s website at the end of the article. If possible, try to write a few articles yourself so you can have some original content. Google and the other search engines will know if you are using someone else’s article. There’s nothing wrong with this, although they will give you a lot more credit if the work is original. My last suggestion: update your website on a regular basis. At least every month you should be adding some new content to your website. The search engines want to give the high rankings to websites that have fresh content added on a regular basis.

Conclusion

Search engine optimization is not an exact science. Nobody really knows how the search engines determine where a site will rank in the search results. The preceding article will give you the basic knowledge to obtain a decent position. You will have to continually fine-tune your website and analyze a competitor’s website to improve your positioning. Unfortunately, it still doesn’t end there. There are a number of off-page factors that determine how well your website will rank. I will discuss these factors in a later article, but this is a good place to start for now.

Paul J Coulter
http://www.articlesbase.com/seo-articles/onpage-search-engine-optimization-seo-primer-139715.html

Web masters begin the optimization process of the web site, much before it is being launched, to ensure that when the site is launched, it is already someplace in the search engines for the users to find it. This technique is known as the Search Engine Optimization procedure for a website. SEO is important for a web site as it provides better exposure, raised traffic and better click results too.

Search engines are one of the primary ways that Internet users find websites. That’s why a web site with strong search engine listings may find a amazing increase in traffic.

Search for anything using your favorite crawler-based search engine. Nearly instantly, the search engine will sort through the millions of pages it knows about and present you with ones that some your topic. The matches will even be ranked, so that the most relevant ones get first.

Of course, the search engines don’t constantly find it right. Non-relevant pages make it through, and sometimes it may take a little more digging to see what you are looking for. But, by and big, search engines do an amazing task.

Beginning with ‘keywords’, it is the keywords that are reliable for the rating of the web sites. The most relevant keyword that meets the requirement of the web site, is used to optimize the site in the search engine, and it is the sit too rates for the same keyword. An improper usage of keywords might lead in poor performance of the site on the search engines, which will obviously hamper the whole work process.

For optimizing your website you must do this work

1. On Page Factor

Build your web page content around specific key phrases.

Organize your website internal links

Include your key phrases at Url, Title tag, meta description and Meta Keywords, Body Text and anchor text

Add fresh content to your website regularly

2. Off-page factor

Build link to your website for this factor you can use link exchange with another site, remember to exchange your link with similar website.

Build one way link you can use website directory or article directory to build your one way link

Search engine rankings are extremely important for a successful Internet marketing campaign. Try tips above and you will see your website will increase in traffic and it’s because your website rank higher in search engine.

Andri R
http://www.articlesbase.com/seo-articles/seo-tips-for-beginner-669761.html

Some of the best mobile brands are Nokia, Samsung, LG, Sony Ericsson, Apple and BlackBerry. LG has emerged as one of the main competitors in the mobile market. The LG KF510 is a stunning device, which is a result of the immense toils taken by the innovative minds of ‘mobile-creators’ of LG. This handset is a fashionable device and is quite capable of being a ‘first-glance’ amazement. This beautiful looking handset is available in many vibrant colours. This vibrancy is visible in some examples like ’stardust dark grey’ and ’sunset red’.

The LG KF510 mobile phone is a slim and sleek phone, which comes with slide opening mechanism. This smooth and easily-usable device comes with a weight of 91 gms. This lightweight handset measures about 104.5 x 49.5 x 10.9 mm in dimensions. Its casing is made of metal, which is decorated with high quality glass. The external touch sensitive navigation controls allow the users to access features like the phone menu quite easily.

This screen comes with a size of 2.2 inches, which allows the users to view high quality images and videos. The TFT screen supports about a total of 256K colours and this screen is empowered with a resolution of 240 x 320 pixels. This fabulous handset enhances the beauty of its display with fantastic and downloadable wallpapers. This handset also comes with a touch-sensitive navigation panel, which has the feature of haptics.

The picture-taking capabilities are enhanced with the presence of a 3 MP camera in this phone. This camera gives perfectly finished still pictures. Assets like autofocus and flash allow the uses to click attractive pictures in low light conditions. The image stabiliser of this handset is quite an effective one. Themagnificent performance of all these fantastic camera settings allows the users to take clear images in a quick and a smooth manner. The beauty of the photographs that are taken is a habitual feature of this handset. The video recording capability allows the users to record high resolution videos. The users can record, store, delete and play video footage using this video player. The users can adjust the video quality with the help of advanced video settings.

The LG KF510 has a built-in music player, which supports MP3 and MPEG-4 formats. The users can experience an excellent quality in the songs that they hear using this music player. The users can also have the option of using the FM Radio application of this handset. Using this application they can hear some of the latest songs. This device is also capable of being used for listening to some of the latest news events. The KF510 also supports MP3 and polyphonic ringtones. This handset is a complete musical heaven in terms of the features that it provides. Apart from listening to some of the latest songs, this handset also gives the option of downloading additional songs as well.

The LG KF510 supports Bluetooth with A2DP, USB, EDGE and GPRS connectivity technologies. GPRS and EDGE technologies allow the users to transfer music and picture files between devices at an exceptionally fast transfer rate. Whereas, its USB port option allows users to exchange information between the mobile phone and other compatible devices. Some of the devices are quite well-known ones in the form of computers and laptops. This device can also become a navigational tool with its GPRS function, which helps the user in finding his destination in the least amount of time. The users can transfer data from other devices using the technology of Bluetooth (which has the added brilliance of A2DP). It has a browser capable of handling both the WAP and xHTML languages. This mobile phone uses the Tri-Band technology, which gives extraordinary coverage while using the 2G network frequencies of 900, 1800 and 1900.

This device has about 16 MB of shared memory, which allow the users to save information according to their wishes. This information can be many things like text messages, videos, pictures, screensavers and wallpapers. The memory card slot of this handset is able to handle the microSD (TransFlash) memory card. Hence, the external memory of this mobile phone can be increased quite remarkably. The phone book keeps a call record of 40 dialled calls, 40 received calls and 40 missed calls. The fully-rechargeable battery gives about 4 hours of talk time and 400 hours of standby time.

Entertainment is an aspect of this mobile phone and is given in the form of Java games and pre-loaded games. The users can also download new games using the marvellous connectivity features. The organiser is vested with a phone book, a calendar, a calculator, an alarm clock, a clock, a speaker phone and a screen light sensor. This handset also gives touch sensitive controls, which improve the handling of the features of this phone. The messaging features include SMS or text messaging, MMS or multimedia messaging and Email. The technology of predictive text is also present in the LG KF510 .

Stephen George
http://www.articlesbase.com/cell-phones-articles/lg-kf510-the-perfect-story-of-a-versatile-widget-670529.html

1 – First and foremost increase your opt-in list by giving away a product at no cost. Just require your visitors to subscribe to your e-zine or news-letter in exchange. There are many e-zines offering freebies for opt-ins. Make sure your gift has some value and of interest to your subscribers.

2 – Include great, relevant content and free items on your website that promote the product or services you are selling. For example if you are offering free articles, include your add in the middle or the end of the articles.

3 – You want multiple streams of income from your site. You could sell your own products. Join affiliate programs and sell those, sell advertising space etc. For example offer a free e-zine and sell advertising in it. Sell your own product and follow up with back end products of your own or again affiliate product that are in your niche.

4 – Create urgency for a product or offer, you want buyers to buy now. Tell buyers your offer will not be available again. You can always sell that product again with bonuses or a special priced package. Plus you can put a limit on the actual number of products for sale.

5 – After your customers order take to a thank you page and sell your backend products there. For example if you sell make-up you could sell perfume as a backend product. Or another example sell track-suits on the front end and track suits from your thank you page.

6 – Sign up to win some website awards. After you win some awards, most of these sites will publish a link to your site. The tell visitors to your site about the awards you have won. For example here are the awards we have won in the past(number) of years.

7 – You can improve your business by using visitor or customers feed back, good or bad. Ask for their comments good on bad, or ask questions like How can we improve our products or website.

8 – Use great packing for your products, use colors and lettering that makes your offering more attractive to customers and visitors. For example make sure everything is easy to read.

9 – Allie your business with other businesses, trade links, do joint ventures to cross promote your products etc. For example if you sell coffee, create a package deal with a site that sells coffee mugs of coffee makers.

10 – Design your site to be a targeted portal and resource. Choose one niche and build it from there you will gain repeat visitors and customers who are interested in that niche. You can create a more targeted, loyal and repeat visitors by keeping your topic unique and specific.

11 – Give something free to visitors to entice them to link to your site. This will increase your ranking in some of the Search Engines. Give them a relevant e-book or allow them to use your articles on their site or e-zine as long as you get that back link.

12 – End your ad copy with a powerful guarantee. Give them a lifetime or double-your-money-back guarantee. Try to make your guarantee sound personal and has specific information. For example you could say I personallu guarantee you will solve this problem 99.9% of the time or your money back.

13 – Always try to invest a portion of your income back into your business. For example 10% for advertising, or a percentage for product development, improve your customer support etc. Keep improving all aspects of your business.

14 – When advertising use a call to action with banners, text ads etc. Examples of this are animated banners or text with the likes of Visit Now, Click Here Now, Don’t Miss this Once in a life deal and so on.

15 – If your banner ads are not pulling visitors, use text ads. People do not ignore text like they do banners. Make your text links work like Headlines from a sales letter. For example FREE., How To do it, Warning.. etc.

16 – Add a chat room or a message board to your site. Your visitors that enjoy these things will return often and become more active. They can then ask questions or help other visitors to the site.

17 – Ask your visitors to invite their own members or visitors to use your message board if they do not have one of their own. Allow people to sign up for a free website using your server as long as your banner is present.

18 – Turn your ads into a story or How to articles, people are more likely to continue reading your copy if you do this. People love stories, tall tales and humor, use these in your marketing and copy.

19 – Design your site just for your visitors, put yourself in their shoes. Create your products around your visitors not just because you would buy the product or service. Think about how people are thinking or feeling when they find your site and help them with your copy to realise the benefits of your product or service and how it will solve their problem.

20 – Use problems to attract visitors and traffic to your site. Find a common problem on the internet and use your site to solve it for your visitors. Example; How to use an autoresponder to automate your business and marketing.

Jack Phillips
http://www.articlesbase.com/marketing-articles/20-tips-to-improve-your-marketing-58102.html

Cell phones are connecting the world blah blah… We all know that, don’t we? But compared to its older sister, the landline phones and other older forms of communication, the cell phone has brought in a lot of benefits, which have largely gone unnoticed. Let’s give an ode to our lovely teeny-weeny phones and acknowledge some of the best traits of cell phone technology in our lives.

Escape from a boring conversation – Got stuck in a boring party and mindless conversation discussing global warming and new farming techniques. Grab your cell phone, play your ringtone, pretend to have gotten an important call, mutter “Excuse me, gotta go” and lo you are free.

Goodbye creditors – Is it a call from a friend who wants to borrow some money from you, or your credit card issuer asking you when you can pay back the dues? “Hello….Hello….i cannot hear you….the signal is poor here”….plunk. Press ‘End call’. Thank God cell phones suffer from poor signal at times, unlike landline phones.

Flaunt your cell phone – This is obviously something that you could not have done with your landline phones even if you wanted to. Make sure you download ringtones for your iPhone or blackberry. When surrounded by inquisitive colleagues or a in a party that you are trying to impress, ask your friend to give you a call. Flash your new gizmo in style. After all cell phones are the only things that men compare about who has got the smallest one.

Spy on your guy – Think your partner is seeing someone else? Many service providers offer cell phones family plans specifically for partners. Get one for you both and find out to whom your partner is making and receiving calls.

Exchange text messages in class – Planning a weekend pajama party or deciding on a baseball team in school. What are the boring Math and Physics lectures for, if not for exchanging text messages with friends in class rooms on important issues as these? There are special cell phone plans for students and others who text a lot more than making calls. You can also download games for mobile from the internet. And to avoid getting caught, use the mosquito buzz or teen buzz that your teacher can never hear.

Lose phone numbers that you want to lose – Want to avoid an irritating old classmate or a pesky neighbor. Just stop taking their calls. In case you bump into them in parking lots and neighborhood stores and they complain of you not taking their calls, have a ready response, “Oh dear, my cell phone plans have changed and I have moved to a new plan. I lost all my old contacts. How are you doing these days?”

Let me end this with a disclaimer. If there is a disgruntled reader, then for your information, “the author of this post is temporarily not available. Please try again later”.

ajax
http://www.articlesbase.com/computers-articles/when-your-cell-phone-becomes-a-rescuer-spyware-and-more-724245.html

Internet has grown in leaps and bounds since its invention and for the past two decades. It has become known as a medium for advertising. Internet advertising is preferred by consumers and businessmen alike due to its low cost and the considerable growth of Internet users and as it has a far and wide reach. Internet can capture text, images, video and audio. The advertisers can produce logos, moving banners, animated and three- dimensional imagery and with the combination of these, advertisers produce successful and low cost Internet advertising solution

Internet advertising is affordable and also helps to effortlessly transact and distribute with the consumers, within a very short span of time. With just one click and Internet advertising, consumers get all the information required by visiting any website. Internet is the only medium, which satisfies both the businessman and the clients, from the comfort of their respective homes. Meeting in person consumes money and time and success in advertising is not guaranteed. But low cost Internet advertising solutions benefit the company, where the services and products receive sales as also the consumers receive comfort and satisfaction.

Internet advertising leads to other advertising medium because when a consumer clicks on an advertisement, he or she can easily respond or ask with e-mail and business reply cards. This has an edge over other advertising campaigns because it has the ability to answer feedbacks in real time and companies can resolve complaints and answer the inquiries.

The web site publishers are also benefited through Internet advertising by generating advertising revenue from their unsold marketing inventory. Internet advertising certainly satisfies the consumers, companies, advertisers and even the common people. Internet advertising gives the ability to measure the impact and visibility of the companies. Internet advertising can be used for creating general brand awareness, brand promotion and for attracting quality traffic to their websites.

Creating a blog is one of the cheapest and effective ways of Internet advertising, where the website is promoted and comments can be posted. Link exchange or text link exchange is another cheap method of Internet advertising. There are other expensive Internet advertising like pop ups, pod casts and paid search engines. Pop ups is the method in which the advertisement appears in between the site, blocking the view to the site. This is quite annoying and disturbing and is quite expensive.

Pod cast is another sophisticated method of Internet advertising but the concept of globalization is gaining a firm root and each company is striving its best to market the product to reach the consumers in the nook and corner of the world.

Clearly, Internet advertising agency acts as a bridge between the company and various web sites. Internet advertising is available 24x 7 allowing access anytime and is very effective and efficient. There cannot be a better medium than Internet to achieve the advertising strategy in the highly competitive business.

Joseph Marcus
http://www.articlesbase.com/technology-articles/effective-internet-advertising-solutions-678085.html

As a search engine optimizer, I’ve had a great opportunity to work with many site owners for website submission and optimization services and had some working experiences to share with you in this article. Site owners come from different categories: e-commerce sites, services or personal pages. Some of them have the expertise in Computers and Internet but most of them are the neophytes in the search engine optimization (SEO) religion. So, the purpose of this article is providing novice site owners with some useful rules of behaviors (DOs and DON’Ts) to come along with their SEO campaigns. * SEO firms DON’T help you out. DO help yourself – Search Engine Optimization process is more and more manipulated and it is becoming the big market nowadays. Many websites are offering SEO service with different costs. They promise that customers’ sites will be on top of search engines. If so, who will be kicked out of the list? No one? So if you are a site owner with a small budget and modest knowledge of SEO, lean on SEO firm as just an advisor. They cannot do all the things for you. To help you out in SEO, do it yourself. In most cases, the site owners will play an important role in the success of SEO campaigns. * DON’T submit your sites to thousands of search engines and directories – Simply, in reality, there are not even thousands of “engines” to submit to. There are, however, hundreds of search directories, hybrid search engines, free-for-all (FFA) pages and classified ad sites. They are simply a list of unorganized links to the last fifty or so URLs that were submitted to the service. The primary purpose of these sites is to gather email addresses from Web marketers so they can be sent offers for other products and services. By submitting, you are unknowingly giving your consent for them to email you. Some major search engines (e.g.: Google) are not fond of such link farms and may actively ban this type of site. * Repetitive submissions DON’T improve your rankings in search engines – Many site owners misunderstand between search engine submission and search engine optimization. So they just dig in finding as many as possible free submission services on the Internet and hope that someday their site will be on the top. Search engine submission is just the first step to quickly notify the search engines about the nascence of your site on the Internet. How your site grows or how your site is optimized is more important to search engines to place your site at the top of the search index. So repetitive submissions don’t work in these cases. Take time to pay more attention to your site’s content and link building. * DON’T try to trick the search engines in any way – The search engines today are smarter than you have ever imagined. The techniques like most times keyword repeated in a row (keyword stuffing), same color text used as the background (hidden text), doorway pages.. are obsolete and they may be against you. Search engines don’t like to get fooled and they may penalize your site for that. Moreover, be careful with the services like automatic link exchange or buying text links. You can use them on your own but take precautions. * Your websites’ exposures on search engines DON’T mean top rankings and web conversions – Some SEO firms guarantee that your sites will be included in search engines. It is so easy because when your site is indexed, it is included in search engines right away and you can see it there by some simple but useless keywords. No one will find you with that keywords or syntaxes. In addition, pay attention to for which search engines the SEO firms will be optimizing your site. It will be easier to get listed on some less-reputed search engines comparing to Google or Yahoo. On the other hand, distinguish between standard and sponsor listing. You must pay for sponsor listing but get less visitors and sales. So make sure you understand clearly what SEO firms are offering. A successful SEO campaign requires the acumen of site owners as well as a tight cooperation between site owners and optimizers. Before the campaign starts, they should discuss the price, the time for the campaign, keyword selection and the specific search engines for optimization…. * DO get familiar with SEO tools such as search engines, HTML, PageRank – Some site owners lean on the webmasters on every task related to their sites (e.g.: add a text link, change page title). In most cases, the site owners will play an important role in the success of SEO campaign by getting familiar with SEO tools like search engines, HTML, PageRank. Search engines and PageRank evaluation will help you search for competitors’ sites, evaluate the keywords, check sites’ link popularity (number of links to your sites) and link saturation (number of pages on your sites have been indexed). Besides, with HTML basic syntax, you can easily exchange links with other sites on your own and stop calling the webmasters all the time for modifying pages with links. * DO start writing today – Site owners may be beginners in SEO but experts in their industries. And today, writing is a significant skill to do SEO. Start writing some articles about your business now and submit them with your backlinks (links to your website) to article directories to increase the popularity of your site. For instance, suppose you were a mother at home and managed an ecommerce site selling some strollers and baby accessories. That will be wonderful if your share your experiences in choosing and using the strollers with other mummies-to-be on some women forum and article directories. Not only are search engines notified but also some potential customers will be attracted to your site. In this article, I’ve provided the site owners with some basic rules of behaviors to do SEO. They include but not limit to myths about Search Engines, SEO firms, importance of SEO tools and article writing skill. Learning them today to make friends with search engines and shove your competitors aside.

Mike Pham
http://www.articlesbase.com/seo-articles/site-owners-with-seo-dos-and-donts-58615.html

If you’re involved in a home based or independent business, especially one where a significant portion or even the majority of your business is taking place online, then you probably already know that website promotion initiatives like affiliate programs are fairly crucial to your income streams. After all, many home internet businesses rely heavily on their websites for product, brand or business awareness and also use their websites to process customer orders and launch viral internet marketing campaigns. The Internet has expanded the role of affiliate programs even further. Some people entire income streams are coming from the money they make through their website.

One of the most tried and true methods of website promotion and internet marketing are affiliate programs. Traditionally, an affiliate program relies on an exchange arrangement between you and another organization that offers the same or complementary types of products and services where you cross-promote each others’ businesses for the betterment and benefit of both you and your affiliate program partners. The Internet has expanded the role of affiliate programs even further. There are many different avenues you can use for website promotion through affiliate programs. Let’s walk through a few examples.

One of the longest running and most popular internet marketing for website promotion is the banner exchange. You post a banner graphic somewhere on your website that advertises and links to the website of your affiliate, for more details visit to www.outsource-beginners.com same or complementary types of products and services where you cross-promote each others’ businesses for the betterment and benefit of both you and your affiliate program partners and in exchange you receive either paid compensation based on how many people click your affiliate’s link and how often they click, or compensation in the form of cash or a reciprocal link back to your website.

Other types of internet marketing for website promotion to generate income streams include “advertising affiliate” programs where automated software scans the text content of your website and auto-generates ads that are related to that content, for more details visit to www.internet-marketing-word.com making it more likely that your visitors will be interested in the ads and end up clicking on them. You typically get paid based on click through rates. On the other side of the fence, you can pay other people the same click through rates for the website promotion they provide to you for such affiliate programs.

Naresh Thakur
http://www.articlesbase.com/internet-marketing-articles/internet-marketing-for-website-promotion-to-generate-income-streams-722026.html

The delusion conceptually propounds that traders operate at a spontaneous FOREX market (as stipulated by B. Williams, A. Elder, E. Nayman, etc.). But it is not the case. Traders do their job inside a well-organized and controlled currency exchange market, governed by the Consortium of the world’s largest banks.

Hence, who is pushing the currencies up and down, who defines trends, corrective actions and flats?

And, who, ultimately, places a trend at a point, where the majority of traders are happy to think they have saddled the wave and are about to win an enormous profit! Now! Not to be scared! Not to close the position! Not to be satisfied with a minor profit! Later on we will discuss that sort of stupidity. Thus, one persists to continue long in spite of more and more degrading profit. Shortly, the loss starts growing with light velocity! Are you familiar with the situation?

Well, who has reversed the rate?

And who generally tugs currency rates?

Tugging is surely centralized. Compare on-line quotes of several Dealers or banks to find out that they are per second coincident. Do each bank’s traders act in such synchronism, that even not seeing each other, they place identical orders so that quotation is in 100% agreement? NOTHING IS A MIRACLE HERE!

But prior to further explanation, we will listen to Bill Williams, the FOREX scholar (Trading Chaos, Ch. 6): “…let us trace a trend formation process. Earlier, the market and the market trading venue did constitute a single physical space. Majority of large grain traders were concentrated on the “floor”. Their orders involved amounts, sufficient to move the market; they enjoyed better control over the market than at present. During the latest 20 years markets have grown worldwide. Now, not only “Purina Ralstone”, “Kellog” and other prominent commercial associations seek hedging their cash assets transactions. So do millions of the world’s minor profiteers and farmers, competing with them in anticipation of perspective grain price fluctuations? This fact also implies strong potential for traders with nowadays, trends not being constructed on the floor. The latter mainly ensures the market liquidity by way of tackling “outer orders”.

The fact, that today’s trends are formed rather “outside the floor” than “on the floor”, as before, enables one to trace further market tendencies with trade volume being the key thereto. Our only on-line information is restricted to tick volume, time and price. Tick volume constitutes a number of price changes per a certain time period. It is not at all a number of traded contracts. Multiple researches revealed no significant difference between actual and tick volume. Using a tick volume, we may suppose, that it represents actual volume. It is a real-time volume, thus being our key to what’s going on in “trading pits”.

Two basic elements are organic to FOREX trading: brokers on the floor and remote traders. Local brokers constitute staff, executing orders, thus earning their salaries and/or commissions. They don’t possess money to be at their disposal. They are order executors. Their prospects are not burdened by prices, they getting for the orders management.

Remote traders use their own money. They have to pay the price out of their own pockets, unless they are getting a good one. Traders have to be much superior in skill to brokers since they independently take their own decisions, while the broker’s job is to follow the others’ orders.

Remote traders are supposed to support the market by way of taking its opposite side. As a rule, they are not at all crazy about any long-term transactions. Quite a few remote traders have been participants to our private training programs, and it is to be admitted that a 10-minute long transaction may seem quite a long-term one for some of them.

Think back to the fact that trends are built up of orders, delivered to the floor from outside, but not of long-term positions entered by remote traders. Since the traders’ job is to take the side opposite to the orders arriving from outside, they have no prospects of trading in between themselves. They follow your money. We are emphasizing again, that tick volume is our key to understanding what’s going on in the Forex Market. Remote traders do not contribute any significant volume to trading, which might result from dealing with similar traders on the floor. Trends emerge from incoming orders. That is why we are to be certain about when and in what amount the outer order is supplied to the floor. It is presented via a tick volume change”.

So, we, traders, turn out to be price locomotives, don’t we? And brokers on the floor just allocate and execute order, incoming from us, don’t they? And on April, 1, 2005 they all (meaning: we all) together decided to swivel the trend and to stay short against all the rules, news and common sense… I wonder if the scholar ashamed or not?

As regards the above quotation, I have chanced to hear a single argument in favor of Bill Williams (I guess you understood for what sake I’ve cited it in detail): it all pertains to the futures markets; we neither read nor use the above at Forex. Strange enough, these are the arguments of Williams’s advocates, but not of Williams himself.

This book is actually intended for both: futures markets and Forex Market. That’s why pictures taken from both the markets are so mixed up and the author never differentiates between the Technical Analysis methods thereof. Thus, either the author does not trace any difference between the two markets, or he is not eager to reveal it to the reader.

And neither in the foreword, nor in the remarks did Williams and his publishers refer to the fact that something of “Trading Chaos” is inapplicable to FOREX, and thus should not be made use of by a trader at FOREX.

I have repeatedly come through this peculiarity of Williams (correct specific case method definition being extended to a wider coordinates scale) and it actually induced me to write this book. In all and all, the methods and advice, absolutely true and correct for a PART of Forex Market are claimed by Williams to be universal for the WHOLE of Forex Market without being demonstrated where the above is effective and where it isn’t.

The same is being done by Williams’s opponents and advocates, who visualize the portion of Forex where his methods are operable only. As different from analysts and Williams’s bibliographers, TRADERS require much stronger to realize a demarcation with pro-Williams trading to the one side thereof and with counter-Williams trading to the other one.

Logically there comes a question: what might be added to Williams’s indicators in order to turn them effective at the point where they are presently ineffective (see details in chapter on the Williams Alligator).

And now we are getting back to the issue of who supplies traders with FOREX rates quotation, bearing in mind that it’s us, traders, who exercise rates movement in accordance with Williams’s standpoint. Millions of traders have actually been studying FOREX by virtue of the “Trading House” and it is really worth studying. This is one of the most interesting and instructive editions whose repeated reading each time brings about something new and useful.

However, in some passages it smells being custom tailored. Is Williams ignorant of the fact that there is no single FOREX exchange and there’s no single trading venue or floor? And that Pacific, Asian, European and American session classification is arbitrary?

Did You see currency rates move, while there’s a day off in the USA with the banks closed? So did I. So, who has made up his mind in the USA to trade on the floor on a day off?

Then, who prompts rates, who formulates trends and turns them with no objective reason for the rate to swivel and to rush in a direction, not being requisite at all?

Here is the answer, as provided by No. 11, 2002 “FOREX Profiteer” magazine’s article by Nadezhda Larina “Electronic Broker Systems at FOREX market”, http://www.ifin.ru/publications/read/351.stm), reading: ”… an FOREX dealing “Electronic Broking Service (EBS)” enjoys wide popularity with the extra-exchange inter-bank FOREX market. It has been developed by the Consortium of largest FOREX trading participant banks in association with “Quotron” informatics expert company and launched in 1993. Presently EBS incorporates 13 world’s largest market-maker banks, viz,: BN AMRO Bank, Bank of America, Barclays Capital, Citibank, Commerzbank, Credit Suisse First Boston, HSBC Bank PLC, J.P. Morgan Chase and Co.Lehman Brothers, Royal Bank of Scotland, S-E Banken, UBS AG along with Japanese Minex Corp., established by a Consortium of Japanese Banks in a joint manner with KDD Japanese telecommunications company and Dow Jones Telerate.

EBS offers a completely integrated range of dealing services for the professional inter-bank market, being a leading anonymous inter-bank FOREX trading electronic dealer. It is currently used by over 2500 dealers in 850 world banks and yields a trade turnover of about USD80 billion daily.

See there also: “Three greatest FOREX dealers – Citibank, J.P. Morgan Chase and Deutsche Bank, together with Reuters Group PLC) have started Atriax system in June, 2001.The latter terminated the operations in spring, 2002 after having failed to stand the competition.

Can you imagine a monster machine, capable of forcing three world’s largest banks – Citibank, J.P. Morgan Chase and Deutsche Bank to abandon their business plans! Or capable of reversing the EURUSD from 1.3660 to 1.1865 and thus instantaneously executing orders of all the world’s traders, going and standing short! And thus within, April-June, 2005, buying the EUR from traders at USD1.36, 1.29, 1.20, 1.19, etc.

Do you see the loss? Watching the EUR slip 1700 pts after having bought it at 1.36… But, possibly, there is no loss at all?

All of Larina’s basic provisions have actually found confirmation 2 years later in the UK “Financial Times” article by Jennifer Hughes: “A PC occupying trading floor” (see it on Financial Times 2004).

It underlines that during the precedent 2 years the Consortiums turnover has grown by extra daily USD20 billion thus currently stretching to USD100 billion, whereas the most prominent internet-based trading platforms ensure the average of USD15-20 billion daily turnover.

So, let’s jump to some conclusions:

1. The FOREX market is not the same as it used to be earlier, say 11 years ago.

2. There is in fact “a price fluctuation relative uniformity”, otherwise, practical quotations similarity with all the world’s brokers and traders.

3. The reason for the above uniformity has been honestly disclosed from technological standpoint, being the “flourish of electronic exchange technologies”.

4. There is no mention of other reasons for similar rates at absolutely different FOREX trading platforms the world over what links together the above platform and FOREX rates at them from financial, organizational, contractual viewpoints, etc).

5. The great interest is the remark from “Financial Times” reiterating the changes at FOREX during the latest years as narrated by an anonymous ex-dealer (?) who compares the FOREX market as of those 11 years ago: “It used to be a hell noisy and a hell splendid!”

In his opinion the market has lost a significant portion of its individuality with rise of technology. A very interesting phrase: “It used to be a hell splendid”. I would add:” It used to be a hell volatile”, with reference to the fact that the daily rates travel went as far 400 to 500 pips. And there’s nothing of the kind now.

6. Now, why has “The Financial Times” only interviewed the EBS Consortium official?

J. Jeffrey and the currency transactions department director, Fabian Shey Why wasn’t it desirous to interview the Reuters representatives (UK)? What’s the reason for such kind of disrespect to the compatriots?

Or were they hard to be contacted in London, where The Financial Times and Reuters HQs are located, moreover after maintaining that presently both, EBS Consortium and Reuters are dominant at the inter-bank market? Or The Financial Times possesses enough information on compatriots from Reuters to hold that the EBS Consortium official’s interview is sufficient without any Reuters?

7. Please, pay attention to the following from The Financial Times: “Anyway, other opinions are available. According to Justin Trenner, the current volume of on-line trading is turnover amounts to USD100 billion daily with the steep growth observed”. The Financial Times thus turns out to recognize its complete inability to trace not only FOREX cash flows, but even the trading volumes at those platforms.

The principal difference between stocks and FOREX is, by the way, readily apparent from the above. Those, writing about similar Fundamental and Technical Analysis methods for both the markets, are either ignorant as to fundamental difference of these markets, or they are deliberately swindling millions of traders.

When pointing out, that, besides the above Banks Consortium, there exist other electronic dealing facilities (e.g. Electronic Broker Service, Reuters Dealing 2000-2, etc.), N. Larina has overlooked their interrelations aspect. And there are a lot of questions: how and why there is coincidence of trends, corrections, historical highs and lows in the course of a single day, etc.

And what is the way to reconcile the statement on shunt operation of EBS and Reuters Dealing facilities with the information that Citibank, J.P. Morgan Chase and Deutsche Bank together with Reuters Group Plc have failed to stand the competition? Is it attributable to the fact that the Consortium has actually acquired Reuters, maintaining its formal sovereignty in order to support traders’ opinion that FOREX market is free and independent? If affirmative, then it’s fairly clear why the Consortium was not scared to buy the EUR on its dip from 1.36 to 1.1860, since there nothing to be afraid of with one’s knowledge of the point, below which one will not drop the rate as well as the point to stage the EUR rally to in several months with no one to interfere with Your so doing.

Hopefully, it’s now understandable who swivels trends at FOREX! The world’s largest banks Consortium does have power to reverse rates, whenever desirous, overthrowing fundamental laws, news releases, trends and common sense, just the way we witnessed on 01.04.2005 charts. But it’s not at all, traders, as claimed by Williams.

That’s why there is obvious ineffectiveness of the Williams’s Market Facilitation Index (MFI) based on fluctuations of traded volumes; to be more precise, sometimes the indicator tells the truth, whereas sometimes it lies in a barefaced manner.

The reasons are stated above: the banks Consortium pushes rates to where it needs, but not to where traders going into deals, thus accumulating the volumes, indicated on the screen. That’s why traders turn losers when making use of the Williams’s MFI indicator.

Full text of this article and pictures of examples http://www.masterforex-v.su/

Vyacheslav Vasilevich (MasterForex-V)
http://www.articlesbase.com/currency-trading-articles/forex-secrets-delusion-no-2-who-prompts-forex-quotation-to-traders-122813.html