FOREXGEN INSTITUTION

The Ultimate Trader Champion

2009-12-16T08:10:00.001-08:00

Win Cash Prizes

ForexGen has the pleasure to announce the launching of the ultimate trader champion on the first of every month.

Interested clients who wish to participate in this event shall send an e-mail request on contest@forexgen.com including the following information:

Full name
Phone number

Also provide us with the following identification document:

" Certified copy of the information pages of account holder current valid passport or government issued photo ID"

After we receive your request we will provide you with further details and with your ForexGen demo account login information which will be used in the trading contest.

This Forex contest for the current month will starts on Sunday 20-12-2009 at 10 pm GMT and ends on Thursday 31-12-2009 at 10 pm GMT.

For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com

ForexGen is Giving You Cash This Christmas

2009-12-15T04:36:00.000-08:00

There aren’t many Forex promotions like this one, but then again there aren’t many Forex Brokers like this one.

Get a 25% cash back straight into your trading account, on any deposit you make up to $100,000, during the month of December OR get free rebates also during the month of December and next 3 months that you will get $ 1 for each closed mini lot and $ 10 for each closed standard lot.

ForexGen knows what traders are looking for, Simplicity, Security and Safety. That’s why the majority of our traders use our services again and again.

We offer 24/7 hour support and a personal account manager to all of our traders.
We offer training and education resources.
We send our traders daily Market Reviews by email each day.
We send the latest trading signals by email.
And we don’t charge fees or commission.
Free hedging activities.
Free Signals, Charts and news.

Register with ForexGen to start trading Forex and we’ll look after the rest.

For more information about Christmas at ForexGen email us at Operations@forexgen.com

Double Bottom

2008-06-19T00:24:00.001-07:00

A charting pattern used in technical analysis. It describes the drop of a stock (or currency), a rebound, another drop to the same (or similar) level as the original drop, and finally another rebound.
The twice touched low is considered a support level.
Most technical analysts believe that the advance off of the first bottom should be 10-20%. The second bottom should form within 3-4% of the previous low, and volume on the ensuring advance should increase.

The Million Dollar Question

2008-06-19T00:23:00.002-07:00

How do you figure out whether to freakin’ use oscillators, or trend following indicators, or both? After all, we know they don’t always work in tandem.
For now, just know that once you’re able to identify the type of market you are trading in, you will then know which indicators will give accurate signals, and which ones are worthless at that time.

Summary
There are two types of indicators: leading and lagging.
A leading indicator gives a buy signal before the new trend or reversal occurs.
A lagging indicator gives a signal after the trend has started .
Technical indicators into one of two categories: Oscillators and trend following or momentum indicators.

Leading vs. Lagging Indicators

2008-06-19T00:23:00.001-07:00

Leading vs. Lagging Indicators

Leading Indicators
An index published monthly by the Conference Board used to predict the direction of the economy’s movements in the months to come. The index is made up of 10 economic components, whose changes tend to precede changes in the overall economy.

These 5 components include:
1. the average weekly hours worked by manufacturing workers.2. The average number of initial applications for unemployment insurance.3. The amount of manufacturer’s new orders for consumer goods and materials.4. The speed of delivery of new merchandise to vendors from suppliers.5. The amount of new orders for capital goods unrelated to defense

Oscillators

2008-06-19T00:22:00.002-07:00

The Stochastic Oscillator comes in 3 flavors: Fast, Slow, and Full. The Stochastic Oscillator is a momentum indicator designed to show the relation of the current close price relative to the high/low range over a given number of periods using a scale of 0-100. It is based on the assumption that in a rising market the price(s) will close near the high of the range and in a declining market the price(s) will close near the low of the range. The Full Stochastic Oscillator is calculated by the formula:
Fast %K = ((Today’s Close - Lowest Low in %K Periods) / (Highest High in %K Periods - Lowest Low in %K Periods))

Lagging Indicators

2008-06-19T00:22:00.001-07:00

An index published monthly by the Conference Board that is used to confirm the direction of the economy’s movements in past months.

1. the value of outstanding commercial and industrial loans.2. The change in the consumer price index for services from the previous month.3. The change in labor cost per unit of labor output.4. The ratio of manufacturing and trade inventories to sales made.5. The ratio of consumer credit outstanding to personal income.6. The average prime rate charged by banks.
As it measures the economic activities of previous months, the Composite Index of Lagging Indicators is used as an after-the-fact way to help confirm economists’ assessment of current economic conditions.

Support and Resistance

2008-06-19T00:21:00.002-07:00

The concepts of support and resistance are undoubtedly two of the most important and highly discussed attributes of technical analysis and they are often regarded as a subject that is complex by those who are just learning to trade.

Most experienced traders will be able to tell many stories about how certain price levels tend to prevent traders from pushing the price of an underlying asset in a certain direction.Most technical traders incorporate the power of various technical indicators such as moving averages, to aid in predicting future short-term momentum, but these traders never fully realize the ability these tools have for identifying levels of support and resistance

Trend Lines

2008-06-19T00:21:00.001-07:00

The trend lines are a popular and an important type in technical analysis for trend identification and confirmation, They are also one of the most underutilized as well.
There are two kinds of trends:Stock up trend: it can be used like a sell signal, deemed to be complete with the formation of a lower high or a lower low.Stock downtrend: it can be used like a buy signal , deemed to be complete with the formation of a higher low or higher high.

Channels

2008-06-19T00:20:00.000-07:00

There are 2 types of channels in the forex market :1-If you want to create a down channel, it may also be called a descending channel, you can simply draw a line at the same angle as the downtrend and after that move the line to a new place where it can reach the most recent both valley.
For the both channels ,it should be done at the same time to you to create the trend line.It may be a sell signal when the prices hit the up trend line and it can be a buy signal when the prices hits the down trend line

Fibonacci

2008-06-19T00:19:00.002-07:00

We should know from the beginning that the Fibonacci is a big subject and there are many ways to study the Fibonacci .there is a lot of types of the Fibonacci but we will show 2 types only: the Fibonacci retracement and extension.

The Fibonacci ratio can start from this number: 1, 1, 2, 3, 5, 8, 13, 21, 34
The number series starts from the number 1 then the number 2 and after that we add 1+2 we will get 3 ,it will be the third number ,then we add 2+3 we will get 5 and that will be the fourth number.
Fibonacci extension: the levels of Fibonacci extension will be 0, 0.382, 0.618, 1.000, 1.382, 1.618.many Traders can use the Fibonacci extension as profit taking level and when they watch the same levels ,they can buy or sell to enter the trade or cancel it, so this will become a due self-fulfilling expectation.

Fibonacci Retracement

2008-06-19T00:19:00.001-07:00

fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by Leonardo Fibonacci. However, Fibonacci ’s sequence of numbers is not as important as the mathematical relationships, expressed as ratios, between the numbers in the series. In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%. Once these levels are identified, horizontal lines are drawn and used to identify possible support and resistance levels. Before we can understand why these ratios were chosen, we need to have a better understanding of the Fibonacci number series.

Fibonacci Extension

2008-06-19T00:18:00.002-07:00

Fibonacci Extension
what is fibonacci and how to use it in the world of FX?

Leonardo Fibonacci was a 13th century mathematician who noted that there are certain ratios that tend to occur repeatdly in nature . The common ones that he identified were 38.2%, 50%, and 61.8%.
For example, the distance from your fingertips to your wrist is 38.2% of the distance from your fingertips to your elbow. There is overwhelming evidence of Fibonacci ratios operating throughout nature.
These are not always perfect, but surprisengly they work more than just often!! Many people have argued about why these work, but my opinion is that all the large institutions use them, so you might as well buy or sell at the same levels that they do and if these levels don’t hold you can get out with a small loss.

Simple Moving Average (SMA)

2008-06-19T00:18:00.001-07:00

the simple moving average is formed by calculating the average price of a security over a particular number of periods. While it is possible to create moving averages from the Open, the High and the Low data points, most moving averages are created using the closing price.

For example: a 4-day simple moving average is calculated by adding the closing prices for the last 4 days and dividing the total by 4.
11+ 12 + 13 + 14 = 50
(50 / 4) = 12.5
The calculation is repeated for each price bar on the chart. The averages are then joined to form a smooth curving line - the moving average line. Continuing our example, if the next closing price in the average is 15, then this new period would be added and the oldest day.
Visit : http://www.forexgen.com

Exponential Moving Average (EMA)

2008-06-19T00:17:00.002-07:00

In order to reduce the lag in simple moving averages, technicians often use exponential moving averages (also called exponentially weighted moving averages). exponential moving average reduce the lag by applying more weight to recent prices relative to older prices. The weighting applied to the most recent price depends on the specified period of the moving average. The shorter the exponential moving average’s period, the more weight that will be applied to the most recent price.
For example: a 10-period exponential moving average weighs the most recent price 18.18% while a 20-period EMA weighs the most recent price 9.52%. As we will see, the calculating and exponential moving average is much harder than calculating an simple moving average. The important thing to remember is that the exponential moving average puts more weight on recent prices.
exponential Moving Average Calculation
Exponential Moving Averages can be specified in two ways - as a percent-based exponential

SMA vs. EMA

2008-06-19T00:17:00.001-07:00

EMA:IT HELPS TO SHOW RECENT PRICE SWINGS AND FAST MOVINGSMA:HELP TO SHOW EASY CHART, AND ELIMINATE THE FAKEOUTS. IT’S UP TO YOU TO DECIDE WHICH ONE IS BETTER TO USE A LOT OF TRADERS PLOT DIFFERENT MOVING AVERAGES TO GIVE THE SIDES OF THE STORY. THEY SHOULD USE THE SIMPLE MOVING AVERAGE TO FIND WHAT IS THE OVERALL TREND, AND ALSO USE THE EXPONENTIAL MOVING AVERAGE TO FIND THE BETTER TIME TO ENTER THE TRADE TIME.Read More : www.forexgen.com

MA Summary

2008-06-19T00:16:00.002-07:00

Moving averages are one of the most famous tools and also the easisest tool used by many traders.
We can find many types of moving averages .the 2 most popular types are: Simple Moving Average and Exponential Moving Average.• The simple form of moving average (SMA) will be the simple moving average, is formed by computing the average = price of a security over a number of periods• Exponential moving averages: EMA’s reduce the lag by applying more weight to recent prices relative to older prices.
• The best way to use moving averages is to plot different types on a chart so that you can see both long term movement and short term movement.
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ForexGen LTD History

2008-06-19T00:16:00.001-07:00

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.Read more…

Money Manager with ForexGen

2008-06-19T00:14:00.000-07:00

An individual who is responsible for the entire financial portfolio of another individual or another entity.

A money manager receives payment in exchange for choosing and monitoring appropriate investments for the client.
Benefits of being a Money Manager with ForexGen:
Providing three different commission sources.
Weekly commission plan.
Easy & fast commission withdrawals.
Fixed percentage of the profits.
P = k * D “P=Profit, k=Variable Parameter, D=Deposits”
The money manager gets a fixed percentage of the profit previously agreed upon with the client for managing the client funds as a bonus feature. Read more…

Forex Trading Education with ForexGen

2008-06-19T00:13:00.000-07:00

How To Learn Forex Trading To Become A Profitable Trader

If you are seeking to educate yourself about forex trading, most probably your main objective is to gain trading skills so that you are able to trade independently and to be able to create personal consistent wealth through forex trading. Most forex traders are independent traders or individuals who are trading from the comfort of their own homes and not institutional traders who are backed with large quantities of capital by commercial organisations or sponsored by large investing funds.
The distinction between private forex education and academic education
If you are an individual private forex trader, then what you need is a practical forex trading education that will encompass the practical aspects of trading and how to make money from your trades rather than an all comprehensive education involving the historical background of forex, the intricacies of price movements or the more mundane academic statistical studies of finance and currencies. So if you are someone entering into the forex market with the intention to make money from trading forex, then look for someone or a mentor or a trading course that can allow you to learn how to trade profitably.
As a wealth creator, this is what you should look out for in planning your own forex trading education or learning plan. Read more…

ForexGen Opens Doors for Complaints

2008-06-19T00:12:00.001-07:00

I haven’t been able to make any progress monetarily in about a month. I’m up about 4% this month but breaking my account balance all-time high has been a struggle. I’m pretty much stuck where I was around this time last month. I’m not all that concerned and shouldn’t be considering I was preaching patience a couple of days ago. It’s just that every time I open my trading platform, the account balance is just staring me in the face. Read more…

ForexGen Solutions

2008-06-19T00:11:00.000-07:00

It’s more important that I progress as a risk-aversed trader. For newer traders, it’s very important for you to understand that learning methods to control your risk should be a priority. Making gains monetarily is obviously important but making gains and strides elsewhere are more important. When I first started trading mostly with demo accounts, I had some unbelievably profitable trades but my strategies were random and my risk and leverage too high. A lot of this is just pure luck and not going to take you to the next level. Your account balance shouldn’t be used as a guage for success. Some questions to ask yourself to guage your success may be:

Have you managed to minimize your risk and maximize your reward?
Have you maintained consistency?
Have you been able to control your emotions?
Have you developed a complete trading system that you’ve been able to follow without deviation?
If you haven’t been profitable, have you at least been able to turn those gushing drawdowns into slow bleeders?
For more information please contact us at www.forexgen.com

The Mathematical Think-Tank with ForexGen

2008-06-19T00:10:00.000-07:00

Cash exchange rates, an Over-The-Counter (OTC) instrument, has become an easy-profit tool for many private business ventures, calling themselves legitimate Forex brokers. However they promote it, the business model reeks.

Selling Fantasies
Every ad starts with some wild claims of something along the lines of “Make $5,000 a week sitting at home!”, “Easy money from Forex!”, or anything else with excessive amounts of exclamation marks, you get the drift. They entice people with fantasies where truth lies away in distance. Read more…

Gaining Experience in Trading with ForexGen

2008-06-19T00:09:00.001-07:00

Here is one secret that can shorten your learning curve as a forex trader. Get yourself a trade simulator and practise your trading methodology repeatedly till you are consistently profitable before you trade. Practice makes perfect, and you can pick up years of experience as a forex trader within weeks on a trade simulator with a large database of price movements. Read more…

ForexGen Mini Forex Trading Account
For the beginner trader, the use of a mini forex trading account will greatly reduce his risk as he puts into practise whatever he has learnt in forex trading. A mini forex trading account possesses more leverage and a trader can start to trade with very low capital, and therefore reduced risk. In that way, he can start to maintain discipline in trading without worrying too much on losing a big sum of money.

Manage Risk Profile with ForexGen

2008-06-19T00:05:00.000-07:00

The second consideration is your personal risk profile. Are you an aggressive trader or a conservative trader? This is important form the aspect of forex education because you will not be able to fit into day trading forex if you are a conservative trader who is not looking for multiple trades a day. On the contrary, the aggressive trader will like to be proficient in day trading and learning how to trade as a forex day trader will be suitable for him. By knowing your own risk profile, you will be able to start in the correct direction finding a mentor or a trading course that is suitable for your own needs. Read more…

Trend Analysis and The Forex Market with ForexGen

2008-06-19T00:03:00.000-07:00

Trend analysis is an indispensable function of the successful Forex trader. Just like a good mechanic or carpenter, having the right tools in your toolbox will make all the difference in your ability to break down trends and trade in the direction of established trends. Following are some essential Forex trend analysis tools to include in your toolbox: Mark the trends using trend linesUsing multiple chart compressions, decide on the overall direction.Use moving averages to distinguish trend direction. Read more…

Forex Hedge Funds with ForexGen

2008-06-19T00:02:00.002-07:00

Hedge funds gained their popularity in the U.S. but foreign markets are starting to catch on to the idea. Hedge funds are known for their secrecy and exemption from regulatory rules. This investment vehicle moving overseas only makes it more attractive. There are however a few concerns when thinking about FOREX hedge funds.

Even less regulatory oversight
Less legal protection against losses
For now mostly meant to attract U.S. investors
Still relatively new and untested
This is not meant to completely discourage FOREX hedge fund investing but to make you aware of the potential risks involved. Hedge funds typically require hundreds of thousands of dollars in initial investments and that would be no small loss in a new trend scam if that’s what your first FOREX hedge fund investment turned out to be. Read more…

What is the truth with ForexGen?

2008-06-19T00:02:00.001-07:00

Unlike centralized exchanges (e.g. NYSE, AMEX, CBOE, and etc.), OTC item prices settle upon agreement of two private parties, unregulated. The Forex brokers understand this and exploit it for profit.
These bucket shops trade against the clients, i.e. they serve as market makers and more often than not take the other side of trades against clients. They understand statistically that most financial market traders perform with negative expectancies, hence making trading against a losing crowd profitable business. This aslo explains why they target and welcome financial industry newbies so much.

What about the ones smart enough to eventually trade profitably? These brokers operate to preserve capital, and they resort to whatever means available and prevent consistent winnings off any client. Software disconnects, lagging/fraudulent price quotes, unfilled orders, or simply account banning have become some, certainly not all, common bucket-shop practices.

MACD

2008-06-19T00:01:00.000-07:00

Moving Average Convergence Divergence (MACD)

A trend indicator used to show the relation between two moving averages of prices.

with the MACD chart ,You will see three numbers
• 1- the number of periods used to calculate the faster moving average.
• 2-the number of periods used to calculate the slower moving average
• 3- the number of bars used to differentiate between the fast and slow moving averages.

MACD crossover is a signal to buy or sell
re are 2 moving averages with different speed, the faster will be quicker to react to price movement than the slower.

THR MACD STILL ONE OF THE MOST FAMOUS TYPES USED BY MANY TRADERS

Stochastics

2008-06-18T23:58:00.001-07:00

A stochastic is an oscillator that will help us measure the overbought and oversold conditions in the market .The Stochastic is an another indicator to help us to know where a trend will be ending.

The Stochastic are scaled from 0 to 100.The stochastic tells us when the market is overbought or oversold.
When the stochastic lines are under 30 (the green line), it means that the market is oversold ,When the stochastic lines are up 70 (the red line in the chart) it means the market is overbought.

Stochastics are another indicators used to helps us to determine where a trend will be ending.A stochastic is an oscillator that measures overbought and oversold conditions in the market.

HOW TO APPLY STOCHASTICS
The stochastics let us know when the market is overbought or oversold. When the stochastic lines are under 30 (the green line) ,it means that the market is oversold but When the stochastic lines are up 70 (the red line), it means that the market is oversold

Relative Strength Index (RSI)

2008-06-18T23:55:00.002-07:00

Relative Strength Index, or RSI mean

A technical indicator used to compare the magnitude of recent gains to recent losses to determine overbought and oversold conditions in the market. . It can be calculated using the this formula:

RSI=100
100- 1+rs

readings below 20 refer to oversold, while readings over 80 indicate overbought. the RSI ranges from 0 to 100

The RSI is best used as a valuable complement to other stock-picking tools. Relative Strength Index, or RSI, is like the stochastic in that it means overbought and oversold conditions in the market.

RSI is a famous tool because it can be used to indicate the trend formations. When you find a trend is forming, you can take a look at the RSI and look at if it is up or under 50.

ForexGen`s Parabolic SAR

2008-06-18T23:55:00.001-07:00

This indicator is made to spot trend reversals; hence the name Parabolic Stop And Reversal (SAR)

This is the easiest indicator to interpret because it only gives bullish and bearish signals.

When the dots are above the candles, it is a sell signal.

When the dots are below the candles, it is a buy signal.

ForexGen`s Parabolic SAR

2008-06-18T23:54:00.000-07:00

This indicator is made to spot trend reversals; hence the name Parabolic Stop And Reversal (SAR)

This is the easiest indicator to interpret because it only gives bullish and bearish signals.

When the dots are above the candles, it is a sell signal.

When the dots are below the candles, it is a buy signal.

ForexGen`s MACD

2008-06-18T23:53:00.000-07:00

Used to catch trends early and can also help us spot trend reversals .

It consists of 2 moving averages (1 fast, 1 slow) and vertical lines called a histogram, which measures the distance between the 2 moving averages.

Contrary to what many people think, the moving average lines are NOT moving averages of the price. They are moving averages of other moving averages.

MACD’s downfall is its lag because it uses so many moving averages.

One way to use MACD is to wait for the fast line to “cross over” or “cross under” .

Bollinger Bands

2008-06-18T23:48:00.000-07:00

Bollinger Bands

Used to measure the market’s volatility.

They act like mini support and resistance levels.

Bollinger Bounce.

A strategy that relies on the notion that price tends to always return to the middle of the Bollinger Bands.

You buy when the price hits the lower Bollinger band.

Bollinger Squeeze

A strategy that is used to catch breakouts early.

When the Bollinger bands “squeeze” the price, it means that the market is very quiet, and a breakout is eminent

ForexGen Putting It All Together

2008-06-18T23:42:00.000-07:00

In a perfect world, we could take just one of these indicators and trade strictly by what that indicator told us. The problem is that we DON’T live in a perfect world, and each of these indicators has imperfections. That is why many traders combine different indicators together so that they can “screen” each other.

We urge you to study each indicator on its own until you know EXACTLY how it reacts to price movement, and then come up with your own combination that fits your trading style. Later on in the course, we will show you a system that combines different indicators to give you an idea of how they can compliment each other.

Everything you learn about trading is like a tool that is being added to your trader’s toolbox. Your tools will make it easier for you to “build” your trading account

Candlestick Chart Terms

2008-06-18T23:41:00.002-07:00

Candlestick chart patterns are very popular in forex trading because they are the main part of technical analysis. On all chart modules, users can toggle between line, bar and candlestick chart view.

The candle consists of two parts: the body and the shadows. The body reflects the open and closing price for the certain period. The candle body is black if the close price below the open, and white if the close was higher than the open for the period. The candlestick shadow reflects the intra-period high and low prices. (Note: In candlestick charting the following periods are often used; 5 min, 15 min, 1 hour, daily and weekly). Long shadows, show that the trading extended well beyond the opening and/or closing price, while short shadows, show that trading was confined closely to the open and/or closing price.

What is a Candlestick?

2008-06-18T23:41:00.001-07:00

While we briefly covered candlestick charts in the previous lesson, we’ll now dig in a little and discuss them more in detail.

Back in the day when Godzilla was still a cute little lizard, the Japanese created their own old school version of technical analysis to trade rice. A westerner by the name of Steve Nison “discovered” this secret technique on how to read charts from a fellow Japanese broker and Japanese candlesticks lived happily ever after. Steve researched, studied, lived, breathed, ate candlesticks, began writing about it and slowly grew in popularity in 90.

Candlesticks are formed using the open, high, low and close.

If the close is above the open, then a hollow candlestick (usually displayed as white) is drawn.

If the close is below the open, then a filled candlestick (usually displayed as black) is drawn.

The hollow or filled section of the candlestick is called the “real body” or body.

The thin lines poking above and below the body display the high/low range and are called shadows.

The top of the upper shadow is the “high”.

The bottom of the lower shadow is the “low”.

Charts

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All charts are potted with time on the x-axis and the currency pair on the y-axis. Each time period on our real time charts can range from a tick by tick a weekly interval (the tick refers to each individual pip movement).

Here’re the most popular types of charts:

Line Charts

A line chart simple a graph of the value of a currency taken at regular time intervals based on current prices. Below is a LINE CHART.

Bar Charts

Bar chart is graphic representation of price action using a vertical bar to connect the highest price to the lowest price during a period. The opening price is displayed as a horizontal line on the left side of the bar.The closing price is displayed as a horizontal line on the right side of the bar.Bar charts can be constructed for any time period in which prices are available. Traditionally, the most popular time interval for bar chart is hourly chart. However, since the wide availability of the real time prices, it is commen to use smaller time interval such as 30 minutes, 15 minutes, 5 minutes, 1 minuteBelow is a BAR CHART

Technical analysis:

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Technical analysis is a method used to evaluate the worth of a security by studying market statistics. Unlike fundamental analysis, technical analysis disregards an issuer’s financial statements. Instead, it relies upon market trends to ascertain investor sentiment to predict how a security will perform.If you want to use technical analysis to help you make an investment decision, you will refer to financial charts, tables and ratios found in the financial press.

Technical analysis can be conditionally divided into some main parts such as:

Types of charts.

Graphical methods.

Analytical methods.

Technical indicators.

Types of Trading Analysis

2008-06-18T23:37:00.000-07:00

There are 2 types of analysis you can take when approaching the forex: Fundamental analysis and Technical analysis. There has always been a constant debate as to which analysis is better, but to tell you the truth, you need to know a little bit of both.

Fundamental analysis:

Fundamental analysis is a method used to evaluate the worth of a security by studying the financial data of the issuer. It scrutinizes the issuer’s income and expenses, assets and liabilities, management, and position in its industry. In other words, it focuses on the “basics” of the business.

Protect Your Self

2008-06-18T23:31:00.000-07:00

Before we go any further we are going to be 100% honest with you and tell you the following before you consider trading currencies:

All forex traders traders LOSE money on trades

Ninety percent of traders lose money, largely due to lack of planning and training and having poor money management rules.

Trading forex is not for the unemployed, those on low incomes, or who can’t afford to pay their electricity bill or afford to eat.

The Forex market is one of the most popular markets for speculation, due to its enormous size, liquidity and tendency for currencies to move in strong trends.

Many traders come with the misguided hope of making a gazillion bucks, but in reality, lack the discipline required for trading. Most people usually lack the discipline to stick to a diet or to go to the gym three times a week

ForexGen Institution

2008-06-18T07:51:00.000-07:00

ForexGen provides its institutional clients with incomparable professional and individualized trading services. As a professional online trading service, ForexGen provides several facilities for all kinds of traders. Our corporate and managed trading service performance are based on respect and appreciation which is only achieved by offering intelligent high end trading tools for secure investment.

ForexGen is the easiest and fastest gateway for the corporate traders to perform successful trading, which provides a unique institutional investor professional facilities and highly qualified individualized services for the international customer.

ForexGen provides advanced online trading software with full corporate trading services.

A rich choice of managed accounts are also available, please check our Managed Account SectionForexGen delivers what traders want: instant order execution, lowest spreads, flexible starting capital, fast deposits and withdrawal, a local support in more than 18 countries, and most of all, solid funds security. Winning in trading depends on using the right strategy and controlling all the moves. Trading strategies are discussed in details at ForexGen Academy.

Customer Agreement with ForexGen

2008-06-18T07:28:00.000-07:00

ForexGen presents specialized Forex online trading services. We support trading in variable currency pairs, available services 24 hours a day most of the week. Real time prices are supplied to facilitate the trading and make it more quick and efficient. Our trading terms & conditions are the most competitive trading terms & conditions for various trading kinds which represent our appreciation to every client starting from the smallest customers. ForexGen is re-setting professional trading technology, by a continuously tracing the competence offers and modifying our trading conditions and provided platforms.

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Segregated Accounts With ForexGen

2008-06-18T07:24:00.000-07:00

Businesses and municipalities can place certain segregated client funds in an interest-bearing account.

ForexGen’s Segregated Deposit Account gives you convenience and efficiency in managing client funds that cannot be commingled. This service is appropriate if you are a brokerage firm, financial company, money management firm, investing or insurance broker or intermediary that holds segregated funds on behalf of clients.Our robust solution enables you to gain access to multiple segregated accounts with one access. You can easily divide earned interest among the participating parties.

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FXGDA | ForexGen Deposit Account

2008-06-18T07:16:00.000-07:00

A ForexGen Deposit Account

(FXGDA) enables onshore and offshore investors to optimize stable, predictable funds. It is a compelling investment alternative typically offering higher yields compared to other liquid investments. FXGDAs balance cost and convenience, liquidity and stability, and safety and enhanced yield. How it works Placed funds are available for same-day withdrawal. When interest rates improve, you benefit from the yield curve while having a callable balance. International & Federal Reserve Regulation limits the maximum number of pre-authorized or automated monthly withdrawals to six. It also gives ForexGen the right to require seven days notice for withdrawal. This makes the FXGDA an open term deposit with a seven-day inherent duration. Product Variations

Corporate FXGDA — If you are a non-bank financial institution incorporated outside the U.S., use this account structure to balances funds held on behalf of individual entities.
Cash Collateral — If you are an institutional client, you have the flexibility to place cash collateral earmarked to facilitate global trade transactions into your FXGDA.

Integrated Solution FXGDA is part of our end-to-end liquidity and investment capabilities. Automated Money Transfer electronically links your FXGDA and regular, non-interest-bearing Trading Account. Why use Forex Deposit Account?

Gain access to typically higher yields
Combine safety and convenience with an enhanced yield
Eliminate the cost associated with placing time deposits
Enjoy greater liquidity than fixed-income products
Satisfy safety and liquidity requirements for stable client regulatory funds

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New to Forex Markets?

2008-06-18T07:13:00.000-07:00

Forex is definitely one of the most exciting and profitable markets. If you want to join the elite and start investing you need to follow 5 very simple steps that will eventually lead yo to succes:

Self Study:
In order to start investing you need to study and observe the Forex market carefully so that you can make the right decisions when the time comes.
You can study the fundamental analysis to monitor the political and economic news’ effect on FX market.
Also the study of technical analysis is useful as it predicts the price movement based on past experience.
ForexGen offers a Training section developed specially for new traders .

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Different Types of Forex Orders with ForexGen

2008-06-18T07:07:00.000-07:00

A trader has at his disposal different types of orders to make FOREX trades. A clear understanding of each type of order is necessary to be a successful FOREX trader.

Market Order – is an order to buy or sell at the current market price. They can be used to enter or exit a trade.

Market orders should be used with care because in fast-moving markets there may be a difference between the price seen at the time a market order is given and the actual price of the transaction. This is due to slippage – the amount the market moves in the few seconds between giving an order and having it executed. Slippage could result in a loss or gain of several pips.

Limit Order – is an order to buy or sell at a certain limit. They can be used to buy currency below the market price or sell currency above the market price. When buying, your order is executed when the market falls to your limit order price. When selling, your order is executed when the market rises to your limit order price. There is no slippage with limit orders.

Stop Order – is an order to buy above the market or to sell below the market. They are most commonly used as stop-loss orders to limit losses if the market moves contrary to what the trader expected. A stop-loss order will sell the currency if the market falls below the point set by the trader.

One Cancels the Other (OCO) – this order is used when placing a limit order and a stop-loss order at the same time. If either order is executed the other is cancelled, allowing the trader to make a transaction without monitoring the market. If the market falls, the stop-loss order will be executed, but if the market rises to the level of the limit order, the currency will be sold at a profit.

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Forex Basics With ForexGen

2008-06-18T07:01:00.000-07:00

To start getting income from foreign exchange market (Forex), you don’t need to have any financial experience. You just need to find your way in the multitude of possibilities offered for those looking for profit from national currencies rate variations. And ForexGen provides all beginners with an Academy of professional experts in forex. The point of classic Forex trade, meant to get a quick income, is simple (which hardly differs from other markets): you have to sell on higher price what you’ve bought on lower price.

But to get a grip on currency rates, you need more than simple mathematics. First thing, you have to learn all definitions: Besides the correct meaning of terms “currency” and “rate”, you need to know what “quotation” means, along with “currency pair” (which consists of base and counter currencies). You need to know what are “point”, “spread”, “trend”, “position” etc. Every action on Forex market is preceded by an analysis. Depending on its functions, the analysis can be fundamental (when the economic dynamics of a country are being studied thoroughly, along with prognoses on its changes), or technical (when we apply a mathematic approach to the graphs of currency rate fluctuations).

The trade on Forex market goes on twenty-four hours a day. Saturday and Sunday are traditionally considered days of rest. The same as for all the other markets, work on Forex market uses a certain set of strategies, methods and techniques. There are rules you have to try and follow, and there are things you shouldn’t do. Every market session (Asian, European and American) has its own law and established traditions, which you also have to learn about.

And finally, for the trade on Forex market you need to use certain tools (software, papers etc.) without handling which the theoretical knowledge will be useless.

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24hrOnline Forex Trading With ForexGen

2008-06-18T06:56:00.000-07:00

With a volume of $3 trillion traded each day, the foreign exchange market is the largest financial market in the world. While Forex trading was once the exclusive domain of banks and large financial institutions, the rise of Internet technology has made it accessible to all types of investors including individuals with small investment capital. As word of its substantial and quick potential profits is spreading, online forex trading is becoming more popular each day. Through online currency brokers such as ForexGen, traders can now buy and sell currencies in one mouse click and with no commissions or fees. Online forex trading allows you to take advantage of market fluctuations – even small – in various currency rates. At ForexGen, you get free access to topnotch tools which will help you predict market direction and place your orders.

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Trade for a Living with ForexGen

2008-06-18T06:52:00.000-07:00

So you Want To Trade for a Living

I always enjoy Brett’s books on trading psychology. While impressed by his ongoing sharing about this important subject, I emailed him recently to request an article for aspiring traders who want to trade for a living. This is not an easy feat, but it is not mission impossible. Trading the financial markets is basically trading your belief on the financial markets. It takes a disciplined mindset, proper money management and a good trading system to trade profitably. Most workshops teach you the technical skills, but rarely touch deeply on the subject of trading psychology. Therefore, I recommend you to read “Enhancing Trader Performance” by Brett N. Steenbarger to develope cutting edge of trading psychology. Below is an article he approved to publish at FX Operator:
I receive quite a few emails from aspiring full-time traders. Some hope to land positions with trading firms; others are looking to make a living by trading independently. Here are a few considerations for those thinking of making the leap:
Make sure you’re adequately capitalized - This is, in my experience, the achilles heel of most traders who aspire to make a career of their market participation. If you start with a capital base under $100,000, you have to make a huge annual return on your money year after year to sustain a decent living. That leads traders with small accounts to take outsized risks, and those risks are what eventually blow them up. As a relatively new trader, you’d do *very* well to make 20% on your money per year after costs. If you can’t make an adequate living from 20% returns, you know you’re undercapitalized read more….

Why participate in the Forex Market

2008-06-18T06:47:00.000-07:00

Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account activation.
Scandinavian quality with Swiss precision, funds secured and local agents in 20+ countries..
ForexGen offers Forex trading in the major currency pairs; crosses and CFDs.
Low capital start , with $250 in minimum account size.
Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.

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FOREXGEN INSTITUTION

The Ultimate Trader Champion

Win Cash Prizes

ForexGen is Giving You Cash This Christmas

Double Bottom

The Million Dollar Question

Leading vs. Lagging Indicators

Oscillators

Lagging Indicators

Support and Resistance

Trend Lines

Channels

Fibonacci

Fibonacci Retracement

Fibonacci Extension

Simple Moving Average (SMA)

Exponential Moving Average (EMA)

SMA vs. EMA

MA Summary

ForexGen LTD History

Money Manager with ForexGen

Forex Trading Education with ForexGen

ForexGen Opens Doors for Complaints

ForexGen Solutions

The Mathematical Think-Tank with ForexGen

Gaining Experience in Trading with ForexGen

Manage Risk Profile with ForexGen

Trend Analysis and The Forex Market with ForexGen

Forex Hedge Funds with ForexGen

What is the truth with ForexGen?

MACD

A trend indicator used to show the relation between two moving averages of prices.

with the MACD chart ,You will see three numbers• 1- the number of periods used to calculate the faster moving average.• 2-the number of periods used to calculate the slower moving average• 3- the number of bars used to differentiate between the fast and slow moving averages.

MACD crossover is a signal to buy or sellre are 2 moving averages with different speed, the faster will be quicker to react to price movement than the slower.

THR MACD STILL ONE OF THE MOST FAMOUS TYPES USED BY MANY TRADERS

Stochastics

The Stochastic are scaled from 0 to 100.The stochastic tells us when the market is overbought or oversold.When the stochastic lines are under 30 (the green line), it means that the market is oversold ,When the stochastic lines are up 70 (the red line in the chart) it means the market is overbought.

Stochastics are another indicators used to helps us to determine where a trend will be ending.A stochastic is an oscillator that measures overbought and oversold conditions in the market.

Relative Strength Index (RSI)

A technical indicator used to compare the magnitude of recent gains to recent losses to determine overbought and oversold conditions in the market. . It can be calculated using the this formula:

RSI=100100- 1+rs

readings below 20 refer to oversold, while readings over 80 indicate overbought. the RSI ranges from 0 to 100

The RSI is best used as a valuable complement to other stock-picking tools. Relative Strength Index, or RSI, is like the stochastic in that it means overbought and oversold conditions in the market.

RSI is a famous tool because it can be used to indicate the trend formations. When you find a trend is forming, you can take a look at the RSI and look at if it is up or under 50.

ForexGen`s Parabolic SAR

This indicator is made to spot trend reversals; hence the name Parabolic Stop And Reversal (SAR)

This is the easiest indicator to interpret because it only gives bullish and bearish signals.

When the dots are above the candles, it is a sell signal.

When the dots are below the candles, it is a buy signal.

ForexGen`s Parabolic SAR

This indicator is made to spot trend reversals; hence the name Parabolic Stop And Reversal (SAR)

This is the easiest indicator to interpret because it only gives bullish and bearish signals.

When the dots are above the candles, it is a sell signal.

When the dots are below the candles, it is a buy signal.

ForexGen`s MACD

It consists of 2 moving averages (1 fast, 1 slow) and vertical lines called a histogram, which measures the distance between the 2 moving averages.

Contrary to what many people think, the moving average lines are NOT moving averages of the price. They are moving averages of other moving averages.

MACD’s downfall is its lag because it uses so many moving averages.

One way to use MACD is to wait for the fast line to “cross over” or “cross under” .

Bollinger Bands

Used to measure the market’s volatility.

They act like mini support and resistance levels.

Bollinger Bounce.

A strategy that relies on the notion that price tends to always return to the middle of the Bollinger Bands.

You buy when the price hits the lower Bollinger band.

Bollinger Squeeze

A strategy that is used to catch breakouts early.

ForexGen Putting It All Together

Candlestick Chart Terms

What is a Candlestick?

Candlesticks are formed using the open, high, low and close.

If the close is above the open, then a hollow candlestick (usually displayed as white) is drawn.

If the close is below the open, then a filled candlestick (usually displayed as black) is drawn.

The hollow or filled section of the candlestick is called the “real body” or body.

The thin lines poking above and below the body display the high/low range and are called shadows.

The top of the upper shadow is the “high”.

The bottom of the lower shadow is the “low”.

Charts

Here’re the most popular types of charts:

Line Charts

with the MACD chart ,You will see three numbers
• 1- the number of periods used to calculate the faster moving average.
• 2-the number of periods used to calculate the slower moving average
• 3- the number of bars used to differentiate between the fast and slow moving averages.

MACD crossover is a signal to buy or sell
re are 2 moving averages with different speed, the faster will be quicker to react to price movement than the slower.

RSI=100
100- 1+rs