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We looked at the B Pound recently and gave you areas to sell if you did you made a huge profit with low risk and we have done separate report on the BP – here we want to look at the Yen and Euro and low risk /high reward trading scenario.

Lets look at these currencies and what the week ahead holds.

Japanese Yen

The trend against the dollar is down and has been for years – the recent rally is simply un-winding of carry trades.

This means the JY should resume its down trend and the recent volatility is presenting a low risk high reward opportunity. Take a look at a good free chart service such as futuresource.com and you will see for yourself.

Prices have spiked and are outside the top Bollinger band and resistance lies at 0.85.50 and 86.00. The key to looking at the short side is a change in price momentum.

Pull up the Relative Strength Index which has peaked at just above 70.00 and is losing momentum and also check the Stochastic which is set to cross with bearish divergence.

Look for a reversal day and momentum to turn bearish target on both indicators – target is the mid Bollinger band.

Euro

The euro is in a long term uptrend against the dollar and the recent correction (like the one we looked at in the British Pound) is simply the huge speculative long position being washed out and this looks to be almost done.

The key near term support is 1.36 (bottom of Bollinger band and July Lows)

Again you need to look at the RSI and stochastic and watch for a change in price momentum.

At present there is NO signal to buy RSI continues to fall and the stochastics are deeply oversold.

In Both Currencies

Do not try and predict WAIT for the confirmation on the charts backed up by price momentum.

Trade the reality of price – NOT your opinion (or the opinions of others) stay focused on the charts and stay disciplined.

There are of course conflicting news stories about what happens next – by focusing on the charts and trading the reality of a shift in price momentum, you will be trading the odds and that’s what any currency trader needs to do.

The long term trend is down in the Yen and up in the euro and while we could see a major trend change, this looks like a correction in both currencies and the longer term trends up in Euro and down in Yen will re assert themselves.

I`ve seen it all! We`re dealing with an agent who continues to call me with strange requests on a home that we have listed in Marion Oaks,Florida.

This particular agent would like our seller to agree to certain changes prior to placing an offer on the home! The agent continues explaining to me, she would only be wasting “Her Time” if the seller didn`t accept.

I don`t know about you but is this typical in your area? “Agents now believe it`s a waste of time,putting an offer on paper”.

Who the heck teaches these things or is this just a new concept in Real Estate Sales?

During these last two days, this agent wants to know what our seller will do for her buyer,as if we have an executed contract!

Yesterday, I went ballistic and told this agent “We`re done dealing with abstract offers” Either Put up,or Shut up!”

Our seller will not entertain a verbal offer and instructed me to stop all “Verbal Abstract Negotiations”.

The conversation is as follows:

Abstract Agent: Has the seller agreed to painting the interior beige, the kitchen needs to be painted white, and the carpet in the master bedroom needs to be cleaned. Are they willing to do this?

Me: I spoke to the sellers, they`re curious what you`re buyer wants to offer.

Abstract Agent: We`re not on the offer yet! It`s important that you`re seller agrees to what we want prior to us discussing price or closing dates.

Me: So it`s your opinion that we entertain an “Abstract Offer” is that it!?!

Abstract Agent: We do it ll the time. In fact my Broker encourages it!

Me; That`s a first, we discuss redoing a home, I have nothing to “Present” and you`re doing a good job for the Buyer? This is really a new way of doing Real Estate.

Abstract Agent;Well if you`re seller will agree to what we require, we`ll be ready to write an offer, you need to HURRY UP!

I haven`t a clue if this agent is joking or is quite serious! I`m wondering if she really understands what the heck is going on!

Each time she calls asking if our seller is prepared to make changes to the house I keep asking her about the offer being “Presented in Writing”.

She keeps responding that we must 1st agree to their terms,before she informs us on a price!

There`s nothing left to say or do! I hope this agent can read my sellers mind, the answer is NO!

Whether you are in an organisation and developing your career or you are the leader of your own professional services practice, one thing you can be sure about….

…. at some stage in the next 12 months you are likely to be asked to present yourself on paper.

That could be for a proposal you are submitting, a job you are applying for or a profile you have to present as a speaker at a conference.

But when was the last time you reviewed your personal profile or CV? And does it accurately reflect your expertise and experience?

I was recently working with a professional association to support them building their brand on-line. They had developed a new web site which gave the members of the association the opportunity to add their details to the data base, providing them with increased visibility.

However, the quality of the personal profiles was so poor, they certainly were not likely to attract interest from potential clients or strategic joint venture partners.

I was also recently working with an executive who was looking for their next career move and we were working on developing their personal brand. However when we looked at their personal marketing materials – their CV – it certainly did not enhance their reputation.

I am frequently asked for a copy of my personal profile and what I have some to learn is that we need to have a core profile available at a moments notice so that we can adapt it to the needs of the audience requesting our profile.

You see it is much easier keeping your profile up to date and relevant than having to create it the first time.

So if your personal profile or CV is out of date, here are four personal branding action steps to ensure that your profile projects your personal brand.

1. Print out a copy of your current personal profile and identify which elements are no longer current.

2. Update your profile – whether it is a CV or professional profile make sure that it does not exceed 2 pages.

3. If you are not sure if your profile accurately reflects your personal brand and expertise, ask a colleague or friend to review it and provide feedback.

4. If you need additional assistance consider the support of a resume writer or personal branding coach to help you create

Do you want to learn more about this and similar strategies? Then join me for my no-cost branding and business development teleseminars.