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| ForexGen LTD History |
| 04.24.08 (6:22 am) [edit] |
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ForexGen LTD History
ForexGen LTD is an online trading service provider supplying a unique and individualized service to Forex traders worldwide. We are dedicated to absolutely provide the best online trading services in the Forex market.
ForexGen LTD provides a unique online trading experience based on our intelligent online Forex trading package, the ForexGen Trading Station, including the best online trading system.
ForexGen LLXserves both private and institutional clients. We have a strong commitment to maintain a long term relationship with our clients.
Throughout our partnership with the industrial leaders, we are capable of delivering incomparable quality of online currency trading service.
The ForexGen LTD services are all controlled by the international banking and financial regulatory standards. ForexGen LTD is continuously providing the Forex market’s safest trading terms & conditions. Providing professional currency trading services that meet our client’s expectations is our first priority.
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| ForexGen Announce Decreasing The Min. Deposit |
| 04.24.08 (6:17 am) [edit] |
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ForexGen Announce Decreasing The Min. Deposit
ForexGen Announce the decreasing of the minimum deposit in the pro Account to be $ 1'000 instead of $ 5'000, so now the pro account with ForexGen:
- Min. Deposit: -------- $1'000 only
- Leverage: 100:1
- Fixed 1 Pip spreads on the following pairs:
EURUSD, USDJPY, AUDUSD , EURCHF, EURGBP, GBPUSD, USDCHF, USDCAD , CHFJPY, EURJPY
- Mini & Standard Lot
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| ForexGen Announce Zero Pip Spread on non-profitable traders |
| 04.24.08 (6:12 am) [edit] |
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ForexGen Announce Zero Pip Spread on non-profitable traders
Instant commission refunds on non-profitable traders
For more details contact www.forexgen.com
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| ForexGen Announce decreasing the min. deposit of Non Dealing Desk: |
| 04.24.08 (6:07 am) [edit] |
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ForexGen Announce decreasing the min. deposit of Non Dealing Desk:
Trade and scalp the market with our no dealing desk account with minimum deposit $ 5000 instead of $ 20.000
For more details contact www.forexgen.com
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| ForexGen Announce 20 % bonus |
| 04.24.08 (5:59 am) [edit] |
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ForexGen Announce 20 % bonus
Till The End of May ForexGen Announce 20% as bonus for the first deposits
It has been a great experience and pleasure working with you throughout this year, which witnessed major achievements in the business of ForexGen.
This has been realized thanks to your valuable support and cooperation
May this festive Season and the coming Year bring you Good Health, Happiness and Prosperity!
For more details contact www.forexgen.com
Accept our best wishes,
ForexGen Marketing Department
www.ForexGen.com
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| ForexGen Announce 20 % bonus |
| 04.24.08 (5:54 am) [edit] |
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ForexGen Announce 20 % bonus
Till The End of May ForexGen Announce 20% as bonus for the first deposits
It has been a great experience and pleasure working with you throughout this year, which witnessed major achievements in the business of ForexGen.
This has been realized thanks to your valuable support and cooperation
May this festive Season and the coming Year bring you Good Health, Happiness and Prosperity!
For more details contact www.forexgen.com
Accept our best wishes,
ForexGen Marketing Department
www.ForexGen.com
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| Liquidity providers' world wide chooses ForexGen |
| 04.24.08 (5:48 am) [edit] |
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Liquidity providers' world wide chooses ForexGen
A reliable source announced that many Liquidity Providers World Wide chooses ForexGen for its potential growing business, reliability and security, which also has been confirmed by many traders dealing with ForexGen.
ForexGen's representative declared that ForexGen ultimate goal extend behind investments reaching to winning its traders' confidence and trustworthy
Throughout the last 4 years ForexGen has succeeded in building bridges of trust among traders maintaining high profile and rank among other competitors in the economic world.
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| ForexGen to go east: ForexGen has announced that China and the Far East is on its top priority" |
| 04.24.08 (5:42 am) [edit] |
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ForexGen to go east: ForexGen has announced that China and the Far East is on its top priority"
ForexGen has proved to be one of the market leaders in today's world by having group of professional experts in the field of investments and economy
A source campus has announced that China and the Far East are on the top of ForexGen priority.
And to go on success, ForexGen claims that they are looking more forward to run their investments in Far East as well gaining more confidence of other countries.
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| Gold traders are the winners on ForexGen Hall of Fame list |
| 04.24.08 (5:34 am) [edit] |
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Gold traders are the winners on ForexGen Hall of Fame list
In the last 4 years ForexGen raised as a new market power in Forex market and among major market investors
Recently some announcements have been made stating that Gold traders are the winners on ForexGen Hall of Fame list
ForexGen representative stated that "ForexGen deal with variable trading options attracting people interest"
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| Bank of Canada approves liquidity provider agreement to the favor of ForexGen |
| 04.24.08 (5:29 am) [edit] |
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Bank of Canada approves liquidity provider agreement to the favor of ForexGen
Bank of Canada approves liquidity provider agreement to the favor of ForexGen" provided by a reliable source.
Adding that:
"This is actually a long step towards success, moreover this will ensure security of trading with ForexGen, and eventually increasing targeted customers actually"
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| Forex Trade Sizes with ForexGen |
| 04.24.08 (5:18 am) [edit] |
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Forex Trade Sizes with ForexGen
FOREX currencies are traded in much smaller divisions than cash. Whereas the smallest division in US cash is the penny ($0.01), US currency can be traded on the FOREX in divisions of $0.0001. This smallest division is called the pip (short for Price Interest Point – sometimes just called 'points').
Since currencies are traded in large lots of (say) $100,000 - small movements in value can generate substantial profits and losses. In a lot of US$100,000 one pip is worth $10 so an increase in 40 pips (4/10 of one cent) can generate a profit or loss of $400.
Currencies are traded in lots of various sizes. The standard lot is 100,000 units of the base currency. A unit is the currency name e.g. one unit of US dollars is the dollar. So a standard lot of US currency is worth $100,000. FOREX trades can have lots of various sizes - a mini lot is 10,000 units, but the most trades are done using standard lots. Read more…
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| Trading on Margin with ForexGen |
| 04.24.08 (5:13 am) [edit] |
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Trading on Margin with ForexGen
The key to FOREX popularity is margin. Without margin, the FOREX would be beyond the reach of the average investor. So, what exactly is margin and how does it work?
Margin accounts allow FOREX traders to control large amounts of currency with a relatively small deposit.
Establishing a margin account with a FOREX broker enables you to borrow money from the broker to control currency lots which are usually worth $100,000. The amount of borrowing power your margin account gives you is the leverage. Leverage is usually expressed as a ratio – a leverage of 100:1 means you can control assets worth 100 times your deposit.
What this means in FOREX is that with a 1% margin account you can control standard lots of $100,000 with a $1,000 deposit. Trading on margin increases both profits and losses, and the potential exists for the trader to lose more than his original deposit. With proper safeguards, however, loss can be limited, and usually brokers will terminate a transaction that extends beyond the margin deposit. Read more…
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| ForexGen Explains Benefits of Trading on Margin |
| 04.24.08 (5:05 am) [edit] |
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ForexGen Explains Benefits of Trading on Margin
As we mentioned above, trading on margin gives you more buying power and the potential for more profits (and losses). How does this work, exactly? A 1% margin account allows you to control a currency lot of $100,000 for $1,000. When dealing with $100,000 small changes in the price of the currency can result in large profits or losses.
FOREX currencies are traded in much smaller units than cash. The American dollar, for example, is traded in units down to 4 decimal places. Instead of $1.32 FOREX quotes are seen as $1.3256. The smallest unit in FOREX currencies is called the pip, and when you have a $100,000 each pip of your total lot is worth $10 (when trading American dollars).
If the price of American dollars changes from 1.3256 to 1.3356, that's a difference of 100 pips which represents a profit or loss of $1000. Without margin, if you had $1000 of currency, the price change from 1.3256 to 1.3356 represents a difference of $10. Significant to the tourist, perhaps, but not the investor.
So the benefit of margin is increased profit potential. Read more…
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| ForexGen Introduces Forex Market |
| 04.24.08 (4:59 am) [edit] |
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ForexGen Introduces Forex Market
The Foreign Exchange Market – better known as FOREX - is a world wide market for buying and selling currencies. It handles a huge volume of transactions 24 hours a day, 5 days a week. Daily exchanges are worth approximately $1.5 trillion (US dollars).
In comparison, the United States Treasury Bond market averages $300 billion a day and American stock markets exchange about $100 billion a day.
The Foreign Exchange Market was established in 1971 with the abolishment of fixed currency exchanges. Currencies became valued at 'floating' rates determined by supply and demand. The FOREX grew steadily throughout the 1970's, but with the technological advances of the 80's FOREX grew from trading levels of $70 billion a day to the current level of $1.5 trillion. Read more…
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| ForexGen Shows you How to Win |
| 04.24.08 (4:40 am) [edit] |
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ForexGen Shows you How to Win
There is one problem that most forex traders fail to come to terms with and lose and its operating in an unstructured environment – this is the major underlying reason traders lose, so lets it explain it and its significance in more detail.
In normal society we confirm to rules and laws they govern our lives and those of our fellow citizens, were used to them and we conform to them.
When a forex trader trades, he has to operate in an unstructured environment and create his own rules to live and survive by.
This sounds easy enough to achieve, however nothing could be further from the truth – it’s very hard and most traders simply can’t achieve it.
Let’s take a closer look at the problems associated with operating in an unstructured environment. Read more…
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| Excellent Strategy with ForexGen |
| 04.24.08 (4:33 am) [edit] |
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Excellent Strategy with ForexGen
Said to be one of the largest exchange market the Forex market is also gaining popularity. The possibility of earning large profits adds to the traders appeal. Although trading in this market is not easy, it can be, provided one understands the Forex trading system. Even a planned investment can many times take a wrong turn. The investor has a bad day even after planning his actions. Nevertheless, this is of little concern to the Forex trader. Every trader in the Forex market knows that to keep the losses at a minimum the trader will have to use the trading signals and this can be done only and when the trader uses the Forex trading system. In this way, he will learn to survive the volatile investment market and brave investing again. The Forex trade allows the traders to conduct their trade in a rather emotionless manner. This is because the pre-determined guidelines that form the system make it an easy task. Read more…
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| ForexGen Introduces Currency Market |
| 04.24.08 (4:26 am) [edit] |
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ForexGen Introduces Currency Market
International currency market - Forex (from Foreign Exchange market) is the largest twenty-four-hour dynamically developing highly remunerative market in the world. The promising Margin Trading system is one of the most paying capital investing and business administering ways. Having originated in the 70-ies of the 20th century, it enabled a wide circle of progressive participants with not very big capitals to get income quickly by increasing the speed, turnover, number of deals and volume of trade. Trade with money for money and only for money (and these are the assets circulating on FoRex) has the lowest cost price of deals and the highest liquidity possible. Read more…
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| ForexGen Analytical Methods |
| 04.24.08 (4:21 am) [edit] |
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ForexGen Analytical Methods
"Forex indicators" is the name for a number of analytical methods applied to the trading system, whether its rules are called signals.
Certain functions represented by an indicator are taken from some time periods at the set time "window". There are six categories that indicators are divided into:
Trend indicators
Trend describes the direction in which the price moves during some period of time. Trend can move up, down and sideways. (E.g. Trend lines, Moving Averages)
Strength indicators
The data of market opinion intensity is described by market strength. It is carried out through analyzing market participants' positions. (E.g. Volume)
Volatility indicators
This indicator shows daily price movements despite their trend direction. So, prices changes are dependent on the volatility trend changes. (E.g. Bollinger Bands)
Cycle indicators
It indicates the cyclical fluctuations of the market caused by some unique or repeated events like elections or seasons. (E.g. Elliott Wave)
Support/resistance indicators
This indicator shows price showings at which market makes a repeated rise or fall and then returns to normal conditions. (E.g. Trend Lines)
Momentum indicators
The speed of price fluctuations during a certain period is described by the momentum. The beginning of the trend gives higher momentum values whether the end of the trend gives lower ones. An extreme price figures along with low momentum shows the end of the trend. Rising momentum and stable prices show possible inversion of the price direction. (E.g. Stochastic, MACD, RSI)
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| Types of Analysis with ForexGen |
| 04.24.08 (4:17 am) [edit] |
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Types of Analysis with ForexGen
Nowadays many traders use both fundamental analysis and technical analysis. The technicians tell you about the broad market and its trends. The fundamentalists tell you if an issue has the "basics" for reaching your investment goals. Fundamental and Technical analysis are different in many points. There isn't clear answer, which method has gained more profit during a definite period of study. It's better to use the best ideas from each side. Then the result will be impressive. Read more…
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| The Forex Currency Pairs with ForexGen |
| 04.24.08 (4:12 am) [edit] |
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The Forex Currency Pairs with ForexGen
Foreign Exchange trading is in general the trading of many currencies of the world. It is emerging as the largest and least regulated market providing the greatest liquidity to investors.
This trading is always done in pairs – Currency Pairs, one currency is bought and the other is sold. Together, they make up what is known as the "exchange rate".
Most commonly traded currencies or the “majors” are:
US Dollar (USD)
Japanese Yen (JPY)
Euro (EUR)
British Pound (GBP)
Canadian Dollar (CAD)
Australian Dollar (AUD)
Swiss Franc (CHF)
Most commonly traded currency pairs are:
US Dollar and the Japanese Yen (USD/JPY)
Euro and US Dollar (EUR/USD)
US Dollar and Swiss franc (USD/CHF)
British Pound and US Dollar (GBP/USD)
Learn more about Forex Market News with ForexGen at
www.forexgen.com
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| Developing a Forex Strategy with ForexGen |
| 04.24.08 (4:06 am) [edit] |
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Developing a Forex Strategy with ForexGen
A fool-proof trading strategy can help you gain profit from day one in the Forex market. If you spend some time to study the market you will find some price patterns that recur consistently.
You can substantiate your observations with charts or graphs using a strategy builder software and then finally develop a strategy unique for your trading habits.
So developing a sound and effective trading strategy is the important foundation of the trading. You must develop working knowledge of technical analysis as well as knowledge of some of the more popular technical studies before deciding which is going to be the best strategy for you.
A trading strategy should optimize your risk with respect to the reward, or vise versa. It should have a disciplined method of limiting the risk and make the most out of favorable market moves. Read more…
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| A Simple Introduction to Forex Trading with ForexGen |
| 04.24.08 (4:02 am) [edit] |
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A Simple Introduction to Forex Trading with ForexGen
Short for Foreign (currency) Exchange, Forex is the world’s biggest market for trading in currencies. As much as 2 trillion US dollars worth of currency are traded on the Forex on a daily basis. Compare this with the approximately 25 million US dollars traded on the NYSE and you’ll get the picture - Forex is huge.
So what is Forex all about? Simply put, Forex entails buying one currency, let’s say Turkish Lira, and selling another, say US Dollars. In Forex, currencies are always traded and quoted in pairs. The exchange is made through a broker.
Just like the stock market where you are investing in a company, with Forex you are in a way investing in a country. If your company is a success, the value of your stock goes up. Much the same principle is at work in Forex. If the economy of the country whose currency you are trading is robust, the value of that currency will also go up - and you can then sell it for a profit. Read more…
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| Automated Forex Trading - More Trades with ForexGen |
| 04.24.08 (3:58 am) [edit] |
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Automated Forex Trading - More Trades with ForexGen
This article is part of my ongoing evaluation of ForexGen’s Forex System Selector, a web based automated trading tool that allows the user to select one or more trading systems, and have them automatically traded against an account.
This is running against a one month demo account, which is funded with $100,000. Previous articles have given an overview of the product and the first trades. This article provides an update on trading performance to date.
In terms of the operational smoothness of the system, I can report that it continues to operate flawlessly. I am taking note of this because I have tried several other products that were unstable and continually lost server connectivity. The fact that this product is web based, and on ForexGen’s own server means that connectivity to ForexGen’s quotes and trade execution engine is well controlled. Read more…
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| World Currency Watch with ForexGen |
| 04.24.08 (3:52 am) [edit] |
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World Currency Watch with ForexGen
The ECB's and BOE's rate decisions puts more wind to the back of EUR/GBP!
The Eurozone and the U.K. economies continue to diverge.
For years and years, these two economies followed each other up and down in "lock step". Then the credit/sub-prime crisis hit. This pushed the U.K. economy lower as they experienced the same things that America experienced: Hedge fund blow ups, banks struggling, housing prices falling, etc.
On the other hand, many other European banks didn't have as much exposure to "sub-prime" as did the "financial epicenter", the U.K.
So as these economies "de-linked" and continue to diverge, it's produced a heck of an uptrend in the EUR/GBP pair. Click on the chart to enlarge it below.
Learn more about Forex Market News with ForexGen at
www.forexgen.com
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| ForexGen Explains What Drove the US Dollar to a Record Low |
| 04.24.08 (3:48 am) [edit] |
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ForexGen Explains What Drove the US Dollar to a Record Low
The dollar continued to remain under pressure as the trade deficit increased in the month of February. Even though everyone was looking for the weaker dollar to help boost trade, I forecasted an increase in the deficit because the previous drop in the ISM manufacturing index told us that it would be weak (Forecasting News)
Jobless claims also dropped sharply but the improvement is primarily due to the Easter Calendar effect. I still expect claims for unemployment to rise especially since continuing claims remain at very high levels.
Not only is the US dollar trading at a record low against the Euro, but it also slipped below 7 Chinese Yuan. With this big psychological barrier breached, the G7’s criticism towards China’s currency regime will be limited.
Nothing has changed and if anything, ECB President Trichet has confirmed his hawkishness. US retail sales are due for release next week and with Linens ‘n Things joining Domain, Fortunoff, and Sharper Image in filing for bankruptcy protection, consumer spending will contract for another month. Crude oil and gasoline prices have also hit a record high which is going to hurt consumer spending further.
Learn more about Forex Market News with ForexGen at
www.forexgen.com
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