ForexGen platform Charts

. Transaction costs

2008-05-02T09:56:00.001-07:00

Transaction costs
The more your leverage, the more your transaction cost as a percentage of your balance.
If you have a mini account, and open a trade with a 5 pip spread, which equals $5 transaction cost, look at how the relative value of your transaction costs increases with more leverage.Now that you’ve learned how leverage can enlarge your profits and losses, and also your transaction costs. Leverage doesn’t equal margin. How many times you can lever your account is the Leverage. How maximum you are allowed to lever is totally depending on your margin requirement
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How Leverage Affects Transaction Costs

2008-05-02T09:54:00.003-07:00

How Leverage Affects Transaction Costs

Besides increasing the strength of your losses, leverage also has another way of killing you. It’s a much slower kind of death, though, kind of like being continually occurring open to view to high levels of radiation. Most traders don’t see it coming till they are dead.
This killer I’m talking about is the combined transfer cost of using high leverage
Not only has the leverage increased the strength of your losses, it also increasing the strength of your transaction costs as a percentage of your account. If you are losing in trades , your balance will shrinks and as your balance shrinks, your leverage increases. As your leverage increases, your transaction costs will eats away faster at the little money you have left. It’s a silence slow death we are talking about here.
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Leverage control

2008-05-02T09:54:00.001-07:00

Leverage control

If you are a kind of trader considering and seeking to have relatively high leverage, you should be familiar with the following:
1. The rules and boundaries of this kind of trading activities and how you will handle it.2. Fully understand all what is leverage (in) Forex and how it works, both for you and for counter parties.
The use of Leverage can be highly profitable but it can be your worst nightmare and enemy if it has not been utilized in an efficient way. Let us go through a practical example in order to illustrate how leverage can work for and against traders.
Having a 200-1 leverage account means that every $1000 you are willing to invest can control a $200,000 position. Standard lot actual value in the market equals $100,000, so by investing $2000 in the market with your broker you are getting 2 standard lots. let us say that you will have 500:1 leverage, this will mean that you will have more investments power and this will be great for you if the market went in your direction and your plans has been fulfilled but it also means that even a small move against your opened order can leave you without any funds and clear all your investments.
So to conclude this matter; the high degree of leverage that is often obtainable in trading activities can work against traders as well as their favors. The use of leverage can lead to large losses as well as gains.
forexgen provides more info about the leverage, for more info..
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Leverage

2008-05-02T09:49:00.001-07:00

Leverage

Leverage is the use of various financial instruments or borrowed funds, such as margin, to increase the potential return of an investment. Leverage is a double edge sword and can be considered dangerous weapon because traders add bigger position sizes without actually owning the funds to cover potential losses. But it also can be a very powerful tool if it has been utilized to increase the investments power as long as traders have efficient money and risk management plans associated with it.
For Example: in order to trade 100,000 units of EUR/USD. Traditionally, traders need to have 100,000 US dollars physical owned money or we say 1:1 leverage. But with 100:1 leverage, traders are only required to deposit 1/100 of the nodded amount which is equivalent to 1,000 US dollars.
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ForexGen principals:

2008-05-02T09:46:00.002-07:00

ForexGen principals:
ForexGen customer satisfaction is our major objective. To reach our business goals, we strive to put our client's goals in focus. We highly value our clients and always aim to exceed their expectations and cross the limitations encountered by the sophistication of the Forex trading industry.The ForexGen's provided services are all restricted and regulated by the international banking and financial regulatory standards. All our provided activities are supported by creativeness and modernization. Ambitious & motivated employees are working simultaneously to protect the customer's confidentiality. ForexGen is continuously providing the market's most competitive conditions. ForexGen complies with the trade commissions in the USA, EU and Australia. Being registered by the commercial authorities in 18+ countries, we adhere to the United Nations Commission on International Trade Law (UNCITRAL).
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www.forexgen.com

. Forexgen

2008-05-02T09:46:00.001-07:00

. Forexgen

ForexGen provide 24/7 customer support that are waiting for any Inquiries to meet all customer needs.
ForexGen provide a full time assistance service to support thier customer in dealing easily with ForexGen trader software.Even if you face any problem during downloading or setting up the software, ForexGen will help you overcoming it that ForexGen provide the trader with full scale demonstrations and troubleshooting for technical problems.ForexGen strives to give incomparable professional and individualized trading services. As a professional online trading service, ForexGen provides several facilities for all kinds of traders.
ForexGen is the easiest and fastest gateway for the 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 trading services.
ForexGen delivers what traders want: instant order execution, lowest spreads, flexible starting capital, fast online and free deposits and withdrawal, 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.
Opening a ForexGen trading account is easy, fast and secure. Just complete and submit your application online in just a few minutes. Representatives are available 24 hours a day, 7 days a week.
Account SizeThe minimum amount required for opening a ForexGen Live trading account is $2,500 for standard Account and $250 for Mini Account but the recommended minimum investment size is $10,000 for standard Account and $1,000 for Mini Account. That is because of the high leverage and the extremely volatile nature of the Forex market.
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Deposit Funds with ForexGen

2008-05-02T09:42:00.002-07:00

Deposit Funds with ForexGen

ForexGen offers the easiest, simplest and fastest way of Forex funds depositing, withdrawing and transferring provided by Customer Support personnel available 24/7 In order to serve its clients any time all over the world.
ForexGen cares for its clients' funds, so that ForexGen allow funding operations with a guarantee of ForexGen itself that your fund operations are executed with high level of security and privacy.
Funds are accepted by wire transfer and e-gold payments. For full details about funding procedures and options kindly click here.
· Please note that during the weekends and official holidays, wire transfers may be delayed.
Account receivable funding could electronically be funded by ForexGen in the same business day, thus the client's account will be funded in the same day of receipt. For our client's security, each wire transfer reference section must contain the client's name and account number. ForexGen minimum deposit required to start trading is $250 . Also we have no limit for depositing fund into your account. You have the absolute right to choose the amount you want to deposit.

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New offer for our clients

2008-05-02T09:42:00.001-07:00

New offer for our clients

Dear Valued Client,

ForexGen keeping the New Year special promotion which is 20 % bonus on deposit as result of our clients request to extend this offer for February

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

In appreciation of our successful cooperation over the past year, our entire team wishes you Happy Holiday Season to you and to your dear ones. We sincerely hope that 2008 will be a year of accomplishments for your business.

May this festive Season and the coming Year bring you Good Health, Happiness and Prosperity!

In this occasion ForexGen would like to offer you 20% bonus on every deposit you will make till the end of January 2008 as a gift to help you staring your trading activities

For more information about ForexGen current promotions and offers we would like to invite you to attend our webinars which will be held daily every 4 hours

If you are interested to attend one of our webinars please send us a feedback on info@forexgen.com and we will provide you with more information, by attending a webinar you will be entitled for a free gift from ForexGen, please contact us at info@forexgen.com for more details

Accept our best wishes,
ForexGen Marketing Department
www.ForexGen.com

How to Get Started?

2008-05-02T09:32:00.000-07:00

How to Get Started?

People are introduced to the exciting world of foreign exchange in many ways: friends, current events, newspapers, television, and many others. For those of you who are new to forex, the following guidelines cover the basics of currency trading.
Step 1: "Practice makes perfect"Demo trade. The demo account was designed to help traders gain familiarity with the speed and movements of the market. When you are demo trading, you should learn how to: 1) place market orders to enter a trade, 2) place stop-loss orders to protect your positions, and limit orders to take profits, 3) place OCO orders and If Done Orders to execute more advanced strategies.
Step 2: "Study, Study, Study".Forex traders use fundamental analysis, technical analysis, quantitative analysis and sometimes a combination of all three to make their trading decisions. Fundamental analysis involves the use of economic, financial and political news to determine trading decisions. Technical analysis involves the study of Charts to predict future price movements based on past price patterns and trends. Quantitative analysis consists of the use of preset statistical models and properties in quantifying price formations such as averages, ret cements as well as identifying oversold and undersold situations.
Step 3: Manage your money wisely.You should always be aware of the amount of money in your account before placing a trade. If you think a long-term trend is developing, then you should consider whether you have enough funds to maintain your margin and withstand any movements against your position(s) that may occur. We encourage everyone who opens an account with us to ask themselves the following questions prior to entering each trade: 1) How much am I willing to risk?2) What is my upside and downside potential?3) What are the market conditions? (Is the market volatile or calm?)4) What is the logic behind entering this trade?5) When can I conclude if the assumptions/logic behind the trade are/is correct or wrong? Before entering an order, you should consider both your entry and exit points. One of the mistakes most commonly made by traders, especially new traders, is letting emotions get in the way of their strategy.
Step 4: Open a Live Account.If you feel ready to trade this market, fill out our application forms and submit them today. Since the emotional factor may be higher than it was when you were demo-trading (as you are now committing real money), it is essential that you develop an effective strategy while demo-trading and plan to abide by it when trading your live account.

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What is a pip ?

2008-05-01T08:39:00.000-07:00

What is a pip ?
Pips stands for ‘PERCENTAGE IN PIONTS’. In the Forex trading, a ‘PIP’ is a unit of measurement which represents the smallest change in the price of currency or a currency pair. In the stock markets this is a classified as a ‘POINT’. As a result, some folks refer to pips as points. Pips are the last decimal point in an exchange rate or currency pair. For the majority of currencies a ‘PIP’ is equal to 0.0001. This means that if you purchased USD/CHF at 1.2310 and sold at 1.2330, you made 20 pips .On the other hand, there are some currency pair exceptions. FOR EXAMPLE: The USD/JPY pair has only two decimal places making a pip equal 0.01. Therefore,
USD/JPY: 110.78 .01 divided by exchange rate = pip value .01 / 110.78= 0.0090269This looks like a very long number but later we will discuss lot size.
USD/CHF: 1.1227 .0001 divided by exchange rate = pip value .0001 /1.1227 = 0.0089070
USD/CAD: 1.2780 .0001 divided by exchange rate = pip value .0001 / 1.2780 = 0.0078247
In the case where the US Dollar is not quoted first and we want to get the US Dollar value, we have to add one more step.
GBP/USD: 1.9799 .0001 divided by exchange rate = pip valueSo .0001 / 1.9799 = GBP 0.0050507
But we need to get back to US dollars so we add another calculation which is
GBP x Exchange rate
So 0.00505076 x 1.9799 =0.0099998 When rounded up it would be 0.0001
Don’t worry, you don’t have to do that, but it’s really important for you to know how the Forex brokers will work this out. learn more through http://www.forexgen.com

Pip

2008-05-01T08:37:00.001-07:00

Every trader in the Foreign Exchange ‘FOREX’ hopes to make a profit from something called ‘PIP’. It may sound silly, but gains in pips can potentially make you over wealthy .Take your time with this information, as it is required knowledge for all Forex traders. Don’t even think about trading until you are comfortable with pip values and calculating profit and loss.

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Summary

2008-05-01T08:36:00.001-07:00

The basic order types (market, stop loss, and limit) are usually all that most traders ever need. Unless you are a veteran trader (yeah right), don’t get fancy and design a system of trading requiring a large number of orders sandwiched in the market at all times – stick with the basic stuff first.
Make sure you fully understand and are comfortable with your broker’s order entry system before executing a trade.
DO NOT make a trade with real money until you have an extremely high comfort level with the trading platform and order entry system learn more through http://www.forexgen.com

Weird Sounding Order Types

2008-05-01T08:31:00.000-07:00

Weird Sounding Order Types
GTC (Good ‘til canceled)A GTC order remains active in the market until you decide to cancel it. Your broker will not cancel the order at any time. Therefore it's your responsibility to remember that you have the order scheduled.
GFD (Good for the day)A GFD order remains active in the market until the end of the trading day. Because foreign exchange is a 24-hour market, this usually means 5pm EST since that that's U.S. markets close, but I’d recommend you double check with your broker.
OCO (Order cancels other)An OCO order is a mixture of two limit and/or stop-loss orders. Two orders with price and duration variables are placed above and below the current price. When one of the orders is executed the other order is canceled. Example: The price of EUR/USD is 1.2040. You want to either buy at 1.2095 over the resistance level in anticipation of a breakout or initiate a selling position if the price falls below 1.1985. The understanding is that if 1.2095 is reached, you will buy order will be triggered and the 1.1985 sell order will be automatically canceled.
Always check with your broker for specific order information and to see if any rollover fees will be applied if a position is held longer than one day. Keeping your ordering rules simple is the best strategy learn more through http://www.forexgen.com

Stop-loss order

2008-05-01T08:24:00.000-07:00

Stop-loss order

A stop-loss order is a limit order linked to an open trade for the purpose of preventing additional losses if price goes against you. A stop-loss order remains in effect until the position is liquidated or you cancel the stop-loss order. For example, you went long (buy) EUR/USD at 1.2230. To limit your maximum loss, you set a stop-loss order at 1.2200. This means if you were dead wrong and EUR/USD drops to 1.2200 instead of moving up, your trading platform would automatically execute a sell order at 1.2200 and close out your position for a 30 pip loss (eww!). Stop-losses are extremely useful if you don't want to sit in front of your monitor all day worried that you will lose all your money. You can simply set a stop-loss order on any open positions so you won't miss your basket weaving class.

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Limit order

2008-05-01T08:22:00.000-07:00

Limit order

A limit order is an order placed to buy or sell at a certain price. The order essentially contains two variables, price and duration. For example, EUR/USD is currently trading at 1.2050. You want to go long if the price reaches 1.2070. You can either sit in front of your monitor and wait for it to hit 1.2070 (at which point you would click a buy market order), or you can set a buy limit order at 1.2070 (then you could walk away from your computer to attend your ballroom dancing class). If the price goes up to 1.2070, your trading platform will automatically execute a buy order at that exact price. You specify the price at which you wish to buy/sell a certain currency pair and also specify how long you want the order to remain active (GTC or GFD).

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Market order

2008-05-01T08:18:00.000-07:00

Market order
A market order is an order to buy or sell at the current market price. For example, EUR/USD is currently trading at 1.2140. If you wanted to buy at this exact price, you would click buy and your trading platform would instantly execute a buy order at that exact price. If you ever shop on Amazon.com, it's (kinda) like using their 1-Click ordering. You like the current price, you click once and it's yours! The only difference is you are buying or selling one currency against another currency instead of buying Britney Spears CDs.
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Order Types

2008-05-01T08:15:00.000-07:00

The term "order" refers to how you will enter or exit a trade. Here we discuss the different types of orders that can be placed into the foreign exchange market. Be sure that you know which types of orders your broker accepts. Different brokers accept different types of orders.

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How much money does it take to open a real money trading account?

2008-05-01T08:14:00.001-07:00

How much money does it take to open a real money trading account?
If you're a new student of forex, you should first practice with a free practice account, often called "demo trading," using "pretend" money. When you feel ready to trade with real money, you can open a "mini" account with as little $250 USD, although we recommend starting with no less than $1000-$2000.

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Why is Forex so popular?

2008-05-01T07:40:00.001-07:00

Why is Forex so popular?
Trading Forex is so easy, anyone can do it. You don't need to watch Bloomberg TV every morning or to buy every financial newspaper to determinate the trend. The Forex Market is highly predictable. The forex market is so large and has so many participants that no one player, not even a large government, can completely control the long-term direction of the market. That's why so many experts have called forex the "most level playing field" on earth.
The ‘FOREX’ market is unique because of the following features:

-trading volume,
- the extreme liquidity,
- the large number of, and variety of, traders,
- geographical dispersion,
- long trading hours
- 24 hours a day (except on weekends).
- the variety of factors that affect exchange rates,

Average daily international foreign exchange trading volume was $1.9 trillion in April 2004 according to the BIS study Triennial Central Bank Survey 2004- $600 billion spot- $1,300 billion in derivatives, ie- $200 billion in outright forwards- $1,000 billion in Forex swaps- $100 billion in FX options. There is little or no 'inside information' in the foreign exchange markets. Exchange rate fluctuations are usually caused by actual monetary flows as well as by expectations of changes in monetary flows caused by changes in GDP growth, inflation, interest rates, budget and trade deficits or surpluses, and other macroeconomic conditions. Major news is released publicly, often on scheduled dates, so many people have access to the same news at the same time. On the spot market, according to the BIS study, the most heavily traded products were:- EUR/USD - 28 %- USD/JPY - 17 %- GBP/USD (also called cable) - 14 %and the US currency was involved in 89% of transactions, followed by the euro (37%), the yen (20%) and sterling (17%). (Note that volume percentages should add up to 200% - 100% for all the sellers, and 100% for all the buyers). Although trading in the euro has grown considerably since the currency's creation in January 1999, the foreign exchange market is thus still largely dollar-centered. For instance, trading the euro versus a non-European currency ZZZ will usually involve two trades: EUR/USD and USD/ZZZ. The only exception to this is EUR/JPY, which is an established traded currency pair in the interbank spot market.The main trading centers are in London, New York, and Tokyo, but banks throughout the world participate. As the Asian trading session ends, the European session begins, then the US session, and then the Asian begin in their turns. Traders can react to news when it breaks, rather than waiting for the market to open.

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Proprietary Trader with ForexGen

2008-04-30T06:56:00.001-07:00

ForexGen is currently offering a unique opportunity to traders worldwide to trade bank funds under direct supervision and guidance of successful traders. Candidates must have a strong educational background. Individuals must be highly motivated with strong interests in financial markets and trading.

This is a great learning experience and advancement opportunities are excellent.
This trading opportunity allows active professional traders to earn money without using their capital. If you consistently trade on an intraday basis and achieve profitable or breakeven results this is your chance to become a professional trader with our money.
In addition, candidates must be able to show a sound trading strategy and risk management. Traders are strongly encouraged to apply and take advantage of our unique offer.
Candidates must show:
1- A track record, which must be a verifiable statement from a registered brokerage firm. Track records must be from a live account; demo account statements will not be accepted.
2- A brief description of your trading methodology and trading experience.
learn more through http://www.forexgen.com

MetaTrader 4 Client Terminal with ForexGen

2008-04-30T06:54:00.000-07:00

MetaTrader 4 Client Terminal has been created to provide trade operations and technical analysis in real time mode, when working at Forex, CFD, Futures financial markets. A wide range of orders allows flexible management of trading activities.
Client Terminal MetaTrader 4 key Features:

working with securities of Forex, Futures and CFD markets;
various execution technologies: Instant Execution, Request Execution, Market Execution;
confidentiality of all trading operations
unlimited charts quantity;
support of various timeframes (from minutes up to months);
large number of technical indicators and line studies;
experts, Custom Indicators and Scripts;
multiLanguage program interface;
realtime data export via DDE protocol;
signals of system and trading actions;
getting on-line news from financial markets;
internal e-mail system;
printing charts and completed trading transactions statemets

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Why ForexGen Can Offer Better Trade Execution

2008-04-30T06:51:00.002-07:00

Our size and financial strength means better execution for our clients. Because the Forex market is an over the counter market with no centralised exchange, not everyone receives access to the same prices or quality of execution. The worlds largest banks tend to provide better prices and execution to institutions with the largest trade volume and the most solid financials. ForexGen is one of the most well-capitalised Forex Dealer Members. According to the financial data posted on the CFTC website, as one of the oldest and largest high-volume retail online Forex brokers, ForexGen has built strong execution relationships with many of the world's largest international banks. ForexGen receives and is able to pass on the benefits of size, better prices, and better execution to our clients.

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ForexGen Strategies are the key to Profitability

2008-04-30T06:51:00.001-07:00

Trading Forex online is a very technical skill that most people will need a little help with in order to make big profits. This is where an online Forex strategy service can come in handy and help make you into that professional trader in no time at all.
Trying to trade Forex completely on your own can be a very time consuming experience. I learnt that first hand when my enthusiasm to make money almost cost me my marriage.
Thankfully I found a strategy service which took a huge amount of workload away from me and also helped me to ensure I was consistently making the best trades, the product that gets my best strategy service award actually helped to save my marriage AND make me money! Read on to find out how this service can help you.
If you are looking for a strategy service that can reduce the amount of time you spend trading, then try ForexGen, a Forex trading strategy service offering you unbeatable advice that no Forex trader should be without. Traders tested this service they were amazed by its consistently good returns. It gains the lowest pip value which is 1 Pip spread !
Equipped with automated buy, sell and stop-loss features, ActiveTrader enables you to make trades, monitor pips and dramatically reduce your exposure to risk. In many ways ForexGen is the Forex traders bible, whilst Forex Swing Trades promises you a huge profit, ForexGen can give you a good profit plus lost more additions such as the Auto-Trade service.
By giving you access to Forex swingtrades every day you can make sure you are always ready for the next market moves and get onto the profitable trades before anyone else has spotted them. This gives you the opportunity to really make it big. learn more through http://www.forexgen.com

Forexgen Informer

2008-04-30T06:50:00.000-07:00

ForexGen Company offers a new service for the traders who have no possibility to keep a check on the quotes of FOREX exchange market constantly.ForexGen Informer is a program that allows tracing the quotes of fifty three exchange instruments in on-line mode. The service is very comfortable for the user, because Informer can be opened over the working windows: both while using text documents, and viewing website, as well as the other actions (drawing the design, watching the film, unpacking of the archive and td).Informer will help you to control the market without using MetaTreader trading platform. Due to the functions of transparent mode, it is more suitable for client, besides that, it portably situated on the worker zone of your display. learn more through http://www.forexgen.com

Exchanges around the World with ForexGen

2008-04-30T06:49:00.000-07:00

Technology has fueled the growth of global trading over the past decade, fostering dreams of a single universal marketplace. Yet, investors who have diversified their portfolios across borders and product lines might not always know how their orders are handled on a multiplicity of exchanges and market centers around the globe.
Rules and trading technologies differ significantly not only from one country to the other, but often from one exchange to the other. Rules change frequently too, as exchanges continue to evolve from members-owned monopoly utilities into competitive execution businesses.
ForexGen LLC , which provides direct access to over 50 exchanges and market centers around the world, has incorporated these various exchange rules in its SMART-routing technology to ensure that customers obtain true best execution, no matter what product they trade or where they trade it.
The business of the exchanges is in flux, due to heightened competition and the consolidation trend inherent to a utility-type sector. A number of exchanges have already demutualized and turned themselves into for-profit corporations, some of which are publicly traded. Other markets are merging to better compete in a low-margin business where innovations require substantial investments.
U.S. exchanges face important regulatory challenges as well, with the Securities and Exchange Commission mulling crucial reforms to modernize U.S. capital markets in the 21st century.
The proposed Regulation NMS would acknowledge the advance of electronic trading and likely force the remaining floor-based securities exchanges to alter their model in order to remain competitive. In anticipation of the changes, the New York Stock Exchange has already submitted a proposal for a new hybrid model.
An even bigger challenge may come from the SEC concept release on self-regulatory organizations. It questions the “advisability of implementing enhancements to the current SRO system or pursuing an alternative regulatory model,” which could lead to a single independent regulator with no business ties to the exchanges. Without a regulatory franchise, exchanges would be businesses fighting for customers.
ForexGen has followed how trading began and is still evolving on the major venues that its Universal platform accesses via broadband to trade equities, exchange-traded funds (ETFs), options, futures, foreign exchange and bonds. With Universal, ForexGen provides a gateway to global markets and multiple products from a single account in a single currency.
learn more through http://www.forexgen.com

CFDs with ForexGen

2008-04-30T06:48:00.001-07:00

A CFD gives you all the benefits of the underlying cash equity whilst avoiding many of the typical costs associated with dealing in the physical share. CFD trading allows you to gain cost-effective, flexible and geared exposure to world shares and indices. We offer very competitive financing and commission charges on equity CFDs as well as tight spreads and commission free trading on Index CFDs.

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The Advantages of Trading CFDs with ForexGen Securities

2008-04-30T06:44:00.002-07:00

Market prices or better.
No fixed minimum spread or invented price.
No minimum deal size.
No minimum deposit requirement.
Low commission rates.
Low financing rates.
Low initial margins.
Separate CFD account or one account for all financial products.
No stamp duty.
Instant execution and improved liquidity.
Interest paid on your free equity balance.
Commission-free index trading.

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ForexGen Advantages

2008-04-30T06:44:00.001-07:00

ForexGen Advantages
1] 24-hour Internet, telephone and Reuters tradingAccess ForexGen, spot gold and silver prices ensuring price integrity, transparency and consistent liquidity.

2] Transparent competitive two-way pricingWe offer very competitive spreads on over 27 currency pairs, typically 1 pip spread on the major currency pairs.

3] Instantaneous auto trade executionsWe are committed to ensuring you deal on the prices you see. At a glance you can see where the market can be bought and sold (under normal market conditions).

4] Low margin requirementsAccess ForexGen, spot gold & silver with margin requirements starting at just 1% or leverage of 100-to-1.

5] State-of-the-art trading platformsFree easy-to-use Windows-based click and deal mini and maxi trading platforms which are fully customisable and offer multiple stored layouts. Our platforms offer a wide variety of order types - MARKET, LIMIT, STOP and OCO. We aim to make it as easy and seamless as possible to access demonstration and live trading platforms and to open and fund your trading accounts.

6] Flexible lot sizesYou are not restricted to trading in standard lot sizes. Take advantage of our wide range of trading sizes from 0.01 million - 100 million (equivalent to $1 / point - $10,000 / point).

7] Risk management in real timeOur platform monitors and controls risk exposure in real time. Based on your margin requirement, it calculates funds needed to retain current open positions and resources available for new positions or for adding to existing open positions.

8] Hedging capabilityYou have complete control over whether you close or hedge your positions to reduce risk. You can run multiple positions for each currency pair which can be individually selected for closing.

9] Earn interest on cash balancesUnlike many FX brokers ForexGen Securities pays interest on those funds not being used for margin purposes.

10] 24 hour personalised customer serviceOur experienced and knowledgeable people are available 24 hours a day to answer questions and provide assistance. Our professional dealers can be accessed at all times via live chat and telephone, and our technical and administrative support is second to none.

11] A fast and efficient back office systemWhen you fund your account and start trading, you receive straight-through-processing of your trades offering live position keeping, margining, statements, unrealised and realised profit & loss. learn more through http://www.forexgen.com

No Dealing Account with forexgen

2008-04-29T08:44:00.000-07:00

No Dealing Account with forexgen
Min Acc. Size $ : 20.000
Rec Acc. Size : 50,000
Max Acc. Size $ : n/a
Swap/Comm : n/a
Lots Available : stand-mini
Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot
Leverage : 1:100
Trading symbols : 24 major and cross forex spots+ silver and gold
Spread Majors : By market
Spread Crosses : By market
Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lot
News & Charts on platform : Yes
Lot Margin : $ 1000-standard lot and $ 100- mini lot
Trading execution : NDD (sells and buys by market)
read more through www.forexgen.com

Premium Account with forexgen

2008-04-29T08:42:00.000-07:00

Premium Account with ForexGen
Min Acc. Size $ : 50.000
Rec Acc. Size : 100,000
Max Acc. Size $ : n/a
Swap/Comm : n/a
Lots Available : stand-mini
Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot
Leverage : 1:50
Trading symbols : 24 major and cross forex spots+ silver and gold
Spread Majors : Fixed 0 pip spread in 10 pairs (EURUSD, USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY)
Spread Crosses : Fixed (3+ pips spread)
Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lot
News & Charts on platform : Yes
Lot Margin : $ 1000-standard lot and $ 100- mini lot
Trading execution : Dealing Desk Enabled, OTC execution

Pro Account with forexgen

2008-04-29T08:41:00.000-07:00

Min Acc. Size $ : 5000
Rec Acc. Size : 20,000
Max Acc. Size $ : n/a
Swap/Comm : n/a
Lots Available : stand-mini
Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot
Leverage : 1:100
Trading symbols : 24 major and cross forex spots+ silver and gold
Spread Majors : Fixed 1 pip spread in 10 pairs (EURUSD,USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY)
Spread Crosses : Fixed (3+ pips spread)
Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lo
News & Charts on platform : Yes
Lot Margin : $ 1000-standard lot and $ 100- mini lot
Trading execution : Dealing Desk Enabled, OTC execution learn more about our accounts through www.forexgen.com

Standard Account with forexgen

2008-04-29T08:40:00.001-07:00

Standard Account with forexgen

Min Acc. Size $ : 2500
Rec Acc. Size : 10,000
Max Acc. Size $ : n/a
Swap/Comm : n/a
Lots Available : stand-mini
Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot
Leverage : 1:100
Trading symbols : 24 major and cross forex spots+ silver and gold
Spread Majors : Fixed 2 pips spread
Spread Crosses : Fixed (3+ pips spread)
Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lot
News & Charts on platform : Yes
Lot Margin : $ 1000-standard lot and $ 100- mini lot
Trading execution : Dealing Desk Enabled, OTC execution learn more through www.forexgen.com

Open live account

2008-04-29T08:38:00.000-07:00

Open live account

ForexGen offers the swap-free accounts. Swaps will not be applied to ForexGen accounts.
Mini Account
Min Acc. Size $: 250
Rec Acc. Size: 1000
Max Acc. Size $: 2500
Swap/Comm: N/A
Lots Available: mini-micro
Lot Size: 10,000 unites for mini lot and 1000 unites for micro lot
Leverage: From 1:200 up to 1:500
Trading symbols: 24 major and cross forex spots+ silver and gold
Spread Majors: Fixed 2 pips sprea
Spread Crosses: Fixed (3+ pips spread)
Pip Value for spots:

$1 Per Pip -mini lot and $ 0.1- micro lot

News & Charts on platform: Yes
Lot Margin :

($ 50-mini and $ 5- micro lot) with leverage 1:200,

($33.33- mini and $ 3.33- micro lot ) with leverage 1:300,($ 25- mini and $ 2.5- micro lot ) with leverage 1:400($ 20- mini and $ 2- micro lot ) with leverage 1:500Trading execution: Dealing Desk Enabled, OTC execution

learn more through www.forexgen.com

Open Demo Account

2008-04-29T08:30:00.000-07:00

Open Demo Account
ForexGen provides its traders with a free Forex demo account where the trader is allowed to participate in Forex trading with real market conditions and get used to the Forex trading employing ForexGen professionalized online trading platform. A Forex demo account permits the trader utilize the advantages and the benefited features provided by our online trading services. The trader must enter a valid e-mail address to freely open a demo account. You will be able to upgrade to Live Account at any time with minimal efforts.
ForexGen demo account advantages:
Innovated trading with no request for a quote for up to 200 lots (20 million).
The client is provided by a simple system with included options that are easily grasped and used.
Real time prices are usually modified and provided.
ForexGen provides Real time charts with the most famous indicators.
Daily reports for the account status.
Summarization of the current client's orders, account equity, profit and loss ranging.
Exclusive technical analysis provided daily to your mailbox in the Trading Platform. The trading real time technical analysis by Capital Management is sent daily to the trader’s mail
Streaming News headlines are supplied by AFX News.
The ability to form the traders own strategies using the Expert Advisor. Available for real accounts upon written request
Important notes:
When opening a demo account you will have the same features on the system as a real client, however this account is for demonstration purposes only. Please notice that the demo platform is fully automated and does not enjoy the attention of our dealing room. In volatile markets the dealing room may increase the spread slightly for a short period of time, however all temporary changes are only made on the live server and does as such not affect the demo accounts.
To open a demo account you must enter a valid e-mail address.
The demo account is only valid for a period of 30 days. Please be aware that all data will be lost when the demo account expires

How to start trading through ForexGen

2008-04-29T08:22:00.000-07:00

People are introduced to the exciting world of foreign exchange in many ways: friends, current events, newspapers, television, and many others. For those of you who are new to forex, the following guidelines cover the basics of currency trading.

Step 1: "Practice makes perfect"Demo trade.

The demo account was designed to help traders gain familiarity with the speed and movements of the market. When you are demo trading, you should learn how to:

1) place market orders to enter a trade,

2) place stop-loss orders to protect your positions, and limit orders to take profits,

3) place OCO orders and If Done Orders to execute more advanced strategies.

Step 2: "Study, Study, Study".

Forex traders use fundamental analysis, technical analysis, quantitative analysis and sometimes a combination of all three to make their trading decisions. Fundamental analysis involves the use of economic, financial and political news to determine trading decisions. Technical analysis involves the study of Charts to predict future price movements based on past price patterns and trends. Quantitative analysis consists of the use of preset statistical models and properties in quantifying price formations such as averages, ret cements as well as identifying oversold and undersold situations.

Step 3: Manage your money wisely.

You should always be aware of the amount of money in your account before placing a trade. If you think a long-term trend is developing, then you should consider whether you have enough funds to maintain your margin and withstand any movements against your position(s) that may occur.

We encourage everyone who opens an account with us to ask themselves the following questions prior to entering each trade:

1) How much am I willing to risk?

2) What is my upside and downside potential?

3) What are the market conditions? (Is the market volatile or calm?)

4) What is the logic behind entering this trade?

5) When can I conclude if the assumptions/logic behind the trade are/is correct or wrong? Before entering an order, you should consider both your entry and exit points.

One of the mistakes most commonly made by traders, especially new traders, is letting emotions get in the way of their strategy.
Step 4: Open a Live Account.

If you feel ready to trade this market, fill out our application forms and submit them today. Since the emotional factor may be higher than it was when you were demo-trading (as you are now committing real money), it is essential that you develop an effective strategy while demo-trading and plan to abide by it when trading your live account.

to open a live account http://forexgen.com/component/option,com_juser/task,UserRegistration/accountType,live/

Scalping Enabled Account

2008-04-29T08:21:00.000-07:00

Trade and scalp the market ForexGen has the pleasure to announce the availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, ForexGen offers traders all the advantage of a “no dealing desk” option.
Advantages of No Dealing Desk Option
· Trade the news without intervention or restrictions
· Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits.
· Place scalping orders without intervention or restrictions.
· A client-friendly trading environment, No re-quotes.
· Ability to place orders inside the spread
· Competing rates from multiple banks
· Spreads are variable and can move sharply
· Ideal for active or professional FX traders
For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.com to know more promotions join us at this link: http://forexgen.com/promotions/index.php

Refer a Client

2008-04-29T08:18:00.000-07:00

If you have any friends who trade in the Forex market, and may be interested in joining. ForexGen.com, why not get a FREE cash bonus from their trading activities? The referring party will receive $100 USD to their ForexGen account, at the end of the month in which the following criteria are met:
1. The referred party has opened a live standard account of at least $2,500 USD and has traded 20 round turn lots.
2. The referred party has opened a live mini account of at least $250 USD and trades 20 round turn lot, the referring party receives $10 to their ForexGen account.

For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com To know more promotions join us at this link: http://forexgen.com/promotions/index.php

Win Cash Prizes

2008-04-29T08:17:00.000-07:00

ForexGen has the pleasure to announce the launching of the Demo Account contest on the first of every month.
Interested clients who wish to participate in this event shall send an e-mail request on demo.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 demo account login information which will be used in the trading contest.

By the end of each contest:
1. All participants that manages to open at least 20 lots will be awarded a Live Account with $50 credit
2. All participants that manages to open at least 20 lots and keep their demo account initial balance will be awarded a Live Account with $100 credit
3. The highest 5 accounts with the highest profits (including the floating P/L) will be awarded a Live Account with $250 credit.

The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month 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 at this link: http://forexgen.com/promotions/index.php

.Live Accounts Contest

2008-04-29T08:09:00.000-07:00

ForexGen has the pleasure to announce the launching of its first monthly Live Accounts contest,
This is NOT a demo contest
this is a live trading competition open for all live mini account holders. At the beginning of each month, the slate is wiped clean and traders have a new opportunity to win the monthly prizes.

What makes this contest unique?
All prizes are CASH prizes with no restrictions on withdrawing the prize money!

How Do I Enter?
You don't have to pay any fee to enter this contest, all ForexGen mini Accounts with a balance of "$1000" and a default leverage of 1:200 are entitled to participate in this contest upon their account holder request by sending an e-mail request on mailto:contest@forexgen.com This e-mail address is being protected from spam bots, you need JavaScript enabled to vie including their "live Account Number".

By the end of each month, the highest 5 accounts with the highest profits (including floating P/L) will be granted the following prizes:

First place: 50% of the account profit
Second place: 40% of the account profit
Third place: 30% of the account profit
Fourth place: 20% of the account profit
Fifth place: 10% of the account profit

(Profits will be added to the live account balance)
The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.
Winners will be announced by the 15th of the following month. For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com

to know more promotions join us at this link: http://forexgen.com/promotions/index.php

Summary

2008-04-25T11:08:00.000-07:00

If you are looking for an automated piece of software that tells you exactly what to do in trading so that you can make a profit when you are betting on horse races then the Supreme Trading System is the piece of software for you and the suitable one.
• If you use the Supreme Trading System correctly you will make money. This is because the software tells you exactly what bets are likely to be most profitable. You have to choose well the time frame which suits your personality
• The right time frame depends on your personality you have to feel comfortable with the time frame you are trading in. there is always a feel of pressure when you trade because there is the real potential for loss or gain and that will affect you to some degree. You should however not feel that the reason you are feeling pressure or frustration is because things are happening so fast that you find it difficult to make decisions or so slowly that you get frustrated.
• There are three types of time frame you can choose between them the most appropriate one for your personality and then stick to it.

• Using multiple timeframes resolves contradictions between indicators and timeframes. Always begin your market analysis by stepping back from the markets and looking at the big picture.

Six Steps to Setting Up Your System

2008-04-25T11:06:00.000-07:00

In this section, we will examine the process of constructing a trading system, how to follow six steps in order to reach a good plan for trading and the considerations that need to be made, and some key points to remember.
1. Setup to begin constructing a trading system you will need several things such as data - Because the system designer must use extensive back testing, past price history is essential to constructing a trading system. Software - Although it is possible to develop a trading system without software, but it is highly impractical. Automatically place trades, Code a trading system, back test your strategy
2. Design - The design is the concept used behind your system, the way in which the parameters are used to generate a profit or loss. Sometimes, this programming can be done automatically via a graphical user interface. This allows you to create rules without learning a programming language and this would make it much easier for you.
3. Decision Making - There are many decisions to be made at this point: • What market do I want to trade in?

• What time period should I use?

• What price series should I use?
4. Practice - Back testing and paper trading are essential to the successful development of a trading system:

• Run several back tests on different time periods and make sure that the results are consistent and satisfactory.

• Paper trade the system (use imaginary money, but record the trades and results), and again, look for consistent profitability.

• Carefully check for errors in the program. These can be a result of failure to fore-see certain circumstances that have undesired repercussions.
5. Repeat - Repetition is very important. Keep working on the system until you can reach a profit and a lot of money
6. Trade - Be sure to use non-automated trading until you are confident in the system's performance and consistency. It takes a long time to develop a successful trading system, and before you perfect it, you may have to endure some live trading losses to detect glitches.These six steps provide you with an overview of a well trading system .

gain more knowledge through http://www.forexgen.com

Bollinger Bands

2008-04-25T11:02:00.000-07:00

1-Used to measure the market’s volatility
2-They act like mini support and resistance levels
3-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
. You sell when the price hits the upper Bollinger band
. Best used in ranging markets
4- 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. Once a breakout occurs, we enter a trade on whatever side the price made its breakout.

you can learn alot from http://www.forexgen.com

CandleStick Patterns & Reversal Patterns

2008-04-25T10:58:00.000-07:00

What do Candlesticks look like? Candlestick charts are much more visually appealing than a standard two-dimensional bar chart. As in a standard bar chart, there are four elements necessary to construct a candlestick chart, the OPEN, HIGH, LOW and CLOSING price for a given time period. Below are examples of candlesticks and a definition for each candlestick component:
The body of the candlestick is called the real body, and represents the range between the open and closing prices. A black or filled-in body represents that the close during that time period was lower than the open, (normally considered bearish) and when the body is open or white, that means the close was higher than the open (normally bullish). The thin vertical line above and/or below the real body is called the upper/lower shadow, representing the high/low price extremes for the period (one period of time measures the duration of selling or buying within the market). As a trader, you can use any time period you want, time intervals may be a tick chart, 1 min, 5min, 10 min, 1 hour, 4 hour, 1 day,…

visit http://www.forexgen.com/ to learn more for free in our academy

Take good benefit of this chance

Doji

2008-04-25T10:52:00.000-07:00

Doji candlesticks have the same open and close price or at least their bodies are extremely short. The doji should have a very small body that appears as a thin line.
Doji suggest indecision or a struggle for turf positioning between buyers and sellers. Prices move above and below the open price during the session, but close at or very near the open price.
Neither buyers nor sellers were able to gain control and the result was essentially a draw.
There are four special types of Doji lines. The length of the upper and lower shadows can vary and the resulting candlestick looks like a cross, inverted cross or plus sign. The word "Doji" refers to both the singular and plural form.

When a doji forms on your chart, pay special attention to the preceding candlesticks.
If a doji forms after a series of candlesticks with long hollow bodies (like white marubozus), the doji signals that the buyers are becoming exhausted and weakening. In order for price to continue rising, more buyers are needed but there aren’t anymore! Sellers are licking their chops and are looking to come in and drive the price back down.

Keep in mind that even after a doji forms, this doesn’t mean to automatically short. Confirmation is still needed. Wait for a bearish candlestick to close below the long white candlestick’s open.
If a doji forms after a series of candlesticks with long filled bodies (like black marubozus), the doji signals that sellers are becoming exhausted and weakening. In order for price to continue falling, more sellers are needed but sellers are all tapped out! Buyers are foaming in the mouth for a chance to get in cheap.

While the decline is sputtering due to lack of new sellers, further buying strength is required to confirm any reversal. Look for a white candlestick to close above the long black candlestick’s open

Marubozu

2008-04-25T10:50:00.001-07:00

Sounds like some kind of voodoo magic huh? "I will cast the evil spell of the Marubozu on you!" Fortunately, that's not what it means. Marubozu means there are no shadows from the bodies. Depending on whether the candlestick’s body is filled or hollow, the high and low are the same as it’s open or close. If you look at the picture below, there are two types of Marubozus.

A White Marubozu contains a long white body with no shadows. The open price equals the low price and the close price equals the high price. This is a very bullish candle as it shows that buyers were in control the whole entire session. It usually becomes the first part of a bullish continuation or a bullish reversal pattern.
A Black Marubozu contains a long black body with no shadows. The open equals the high and the close equals the low. This is a very bearish candle as it shows that sellers controlled the price action the whole entire session. It usually implies bearish continuation or bearish reversal.

You can find all details in www.forexgen.com

Basic Candlestick Patterns

2008-04-25T10:48:00.000-07:00

Spinning Tops
Candlesticks with a long upper shadow, long lower shadow and small real bodies are called spinning tops. The color of the real body is not very important.
The pattern indicates the indecision between the buyers and sellers

The small real body (whether hollow or filled) shows little movement from open to close, and the shadows indicate that both buyers and sellers were fighting but nobody could gain the upper hand.
Even though the session opened and closed with little change, prices moved significantly higher and lower in the meantime. Neither buyers nor sellers could gain the upper hand, and the result was a standoff.
If a spinning top forms during an uptrend, this usually means there aren’t many buyers left and a possible reversal in direction could occur.
If a spinning top forms during a downtrend, this usually means there aren’t many sellers left and a possible reversal in direction could occur.
Marubozu
Sounds like some kind of voodoo magic huh? "I will cast the evil spell of the Marubozu on you!" Fortunately, that's not what it means. Marubozu means there are no shadows from the bodies. Depending on whether the candlestick’s body is filled or hollow, the high and low are the same as it’s open or close. If you look at the picture below, there are two types of Marubozus.

learn more through www.forexgen.com

Long and Short Shadows

2008-04-25T10:46:00.000-07:00

Upper shadows represent the session high and lower shadows the session low. Candlesticks with short shadows indicate that most of the trading action was confined near the open and close. Candlestick with long shadows show that traded extended well past the open and close.
Candlesticks with a long upper shadow and short lower shadow indicate the following: buyers dominated during the session, and bid prices higher. However, sellers later forced prices down from their highs, and the weak close created a long upper shadow. Conversely, candlesticks with long lower shadows and short upper shadows indicate the following: sellers dominated during the session and drove prices lower. However, buyers later resurfaced to bid prices higher by the end of the session and the strong close created a long lower shadow.
Other type of Candlesticks are with a long upper shadow, long lower shadow and small real body. They are called spinning tops. One long shadow represents a reversal of sorts; spinning tops represent indecision. The small real body (whether hollow or filled) shows little movement from open to close price, and the shadows indicate that both bulls and bears were active during the session. Even though the session opened and closed with little change, prices moved significantly higher and lower in the meantime.
After a long advance or long white candlestick, a spinning top indicates weakness among the bulls and a potential change or interruption in trend. After a long decline or long black candlestick, a spinning top indicates weakness among the bears and a potential change or interruption in trend.

Long and Short Bodies

2008-04-25T10:41:00.000-07:00

Long white candlesticks show strong buying pressure. The longer the white candlestick is, the further the close is above the open. This indicates that prices advanced significantly from open to close and buyers were aggressive. While long white candlesticks are generally bullish, much depends on their position within the broader technical picture. After extended declines, long white candlesticks can mark a potential turning point or support level. If buying gets too aggressive after a long advance, it can lead to excessive bullishness.
Long black candlesticks show strong selling pressure. The longer the black candlestick is, the further the close is below the open. This indicates that prices declined significantly from the open and sellers were aggressive. After a long advance, a long black candlestick can foreshadow a turning point or mark a future resistance level. After a long decline a long black candlestick can indicate panic or capitulation.
Even more potent long candlesticks are the Marubozu: Black and White. These candlesticks do not have upper or lower shadows and the high and low are represented by the open or close.

learn more through http://www.forexgen.com/

What is a Candlestick?

2008-04-25T10:18:00.000-07:00

What is a Candlestick?
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 90s. To make a long story short, without Steve Nison, candle charts might have remained a buried secret. Steve Nison is Mr. Candlestick.

Okay so what the heck are candlesticks?
The best way to explain is by using a picture:

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”.