Short Take: Consulting Service Pricing Strategies
There are a variety of ways for consultants to price their services. This is a quick summary of various methods with explanations, pros and cons. How do you price your services?HourlyIt is common for many consultants to charge hourly for their services. This may be due to habit -- you were likely paid hourly as an employee. It also easier to come up with a specific dollar number for each hour that you work.r low, or a high or low from the day before, or 2 or 3 days before.

This is not to suggest a trader can just wildly enter trades every time price approaches a previous high or low. Careful analysis is still important.

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There is a free Forex signal which you can create on any charting package which is extremely powerful and yet often overlooked.

What is it?

Intra week highs and lows!

Why are these such powerful signals?

Just think what is going on in the market place. Thousands of traders and institutions the world over are engaging in the Forex market buying and selling currencies at certain levels.

The highest or lowest point a currency pair reached in the course of a 24 hour period is therefore a significant level. To get past that point the next day there has to be some momentum.

Often price will come to the previous day's high or low and pull back. It may later continue in that direction but so often it stalls at this level.

For those interested in scalping this presents a free Forex signal. It is often easy to grab 5, 10 or 15 pips from the market as price stalls at the previous day's high or low, or a high or low from the day before, or 2 or 3 days before.

This is not to suggest a trader can just wildly enter trades every time price approaches a previous high or low. Careful analysis is still important.

For ex

Just think what is going on in the market place. Thousands of traders and institutions the world over are engaging in the Forex market buying and selling currencies at certain levels.

The highest or lowest point a currency pair reached in the course of a 24 hour period is therefore a significant level. To get past that point the next day there has to be some momentum.

Often price will come to the previous day's high or low and pull back. It may later continue in that direction but so often it stalls at this level.

For those interested in scalping this presents a free Forex signal. It is often easy to grab 5, 10 or 15 pips from the market as price stalls at the previous day's high or low, or a high or low from the day before, or 2 or 3 days before.

This is not to suggest a trader can just wildly enter trades every time price approaches a previous high or low. Careful analysis is still important.

For e

ached in the course of a 24 hour period is therefore a significant level. To get past that point the next day there has to be some momentum.

Often price will come to the previous day's high or low and pull back. It may later continue in that direction but so often it stalls at this level.

For those interested in scalping this presents a free Forex signal. It is often easy to grab 5, 10 or 15 pips from the market as price stalls at the previous day's high or low, or a high or low from the day before, or 2 or 3 days before.

This is not to suggest a trader can just wildly enter trades every time price approaches a previous high or low. Careful analysis is still important.

For e

nue in that direction but so often it stalls at this level.

For those interested in scalping this presents a free Forex signal. It is often easy to grab 5, 10 or 15 pips from the market as price stalls at the previous day's high or low, or a high or low from the day before, or 2 or 3 days before.

This is not to suggest a trader can just wildly enter trades every time price approaches a previous high or low. Careful analysis is still important.

For e

r low, or a high or low from the day before, or 2 or 3 days before.

This is not to suggest a trader can just wildly enter trades every time price approaches a previous high or low. Careful analysis is still important.

For example, does a Fibonacci calculation or a pivot point coincide with a previous high or low? Then it becomes a stronger level or support or resistance.

What is the candle formation around that level? Is there a hammer, a hanging man or doji candle indicating price exhaustion? Has price attempted to penetrate this level before and failed? If so, how many times?

These questions help the trader to analyze this free Forex signal and determine whether the level is likely to hold allowing for a high probability trade.

How To Use This Free Forex Signal

Depending on your charting software, mark each 24 hour period. Some charting packages include a demarcation option which shows each 24 hour period in a different shade vertically.

If your charting package does not have this facility it is still easy to do. Simply use the vertical line tool and put a vertical line at 12 midnight and another vertical line