Showing posts with label Academy. Show all posts
Showing posts with label Academy. Show all posts

Monday, June 9, 2008

Why ForexGen?

Why ForexGen?


1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.

2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.

3. ForexGen offers Forex trading in the major currency pairs; crosses and CFDs.

4. Low capital start, with $250 as a minimum account size.

5. ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.

for more information > > >

Fundemental Analysis

Fundemental Analysis

  • It is the study of change in price through micro and macro economic levels due to political and economic conditions in countries. Analysts use fundamental analysis to predict the future trends of one nation’s currency in terms of another.
  • Fundamental analysis is usually affected by the following factors:

    • Official discount rate .
    • FOMC and Meeting .
    • Inflation.
    • Budgetary deficit .
    • Economic
    indicators .
    • Trade balance .
    • Consumer price index (CPI) .
    • Producer price index (PPI) .


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Trading Terminal

Trading Terminal

The Trade Terminal allows trading and controlling the opened positions in real-time. It can be accessed through the menu opens View - Terminal or by pressing the Ctrl + T key combination. The Trade Terminal button on the toolbar can also be used. The Trade Terminal can be dragged to anywhere on the screen .Account History Tab
The trade operations’ information is stored in the Accounts History tab.
News Tab
Real time streaming news, showed directly on the desktop ForexGen customers and demo users.

Alerts Tab
This tab contains information about any created alerts.
The alerts are generated for signaling events in the markets.
The trader can set up his own alerts and the client terminal will automatically inform the trader of the server event.

Mailbox Tab
The Mailbox is ForexGen internal mailing system which includes the information about the registration, account and system.

Experts Tab
The Experts tab contains the information about any attached expert, including opening / closing of positions, the modification of orders, the experts own messages, etc.

Journal Tab
The Journal tab contains a list of your actions within the current session.


for more information > > >

Order Forms

Order Forms

A position can be opened in several ways:

• via options Tools - New Order .
• via F9 key .
• Via double-click on the desired currency pair in the Market Watch window.
• via right-click the Trade Terminal window then select New Order .

click the Sell or Buy button to execute your order.



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Forexgen Market Watch

Forexgen Market Watch


The Market Watch window is a floating palette.

It has the ability to be dragged anywhere on the screen.

The Market Watch window which is also called the Quotes Window shows the current prices of the traded currency pairs and the currency market news in the currency market. It also permits quick dealing with any currency pair.

The Order Form can also be accessed by right-clicking the desired currency pair then selecting New Order.

for more information > > >

ForexGen platform features:

ForexGen platform features:


• Streamline dealing with no request for quote for up to 200 lots (20 million).

ForexGen trading platforms have a friendly user interface that is both easy to use and to grasp.

• One click orders execution.

• Providing real-time charts with the most common indicators.

Advanced charting tools with many technical analysis features.

• Daily account statement.

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ForexGen Trading Station :

ForexGen Trading Station :



ForexGen Trading Station is the client part of online ForexGen Trading Platform.

We provide all the needed trading tools for a successful trading.

We attempt to supply the sufficient information and tools in order to make the Forex traders’ decisions more appropriate and easier.

The program has a simple and user friendly interface that allows traders to monitor their transactions and their account as well as perform technical analysis and develop Forex trading strategies of their own.

ForexGen provides continuous real-time information and sophisticated technical analysis tools.

ForexGen Trading platforms are stable , secure and characterized by its unique performance.

It is the best solution for trading on Forex, CFD and Futures markets .

for more information > > >

Deposit Funds with Forexgen

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.

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 .

for more information > > >

Open Demo Account

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 .

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.

for more information > > >

Pivot Calculator


The pivot calculator is defined as a technical indicator that is produced by calculating the numerical average of a particular currency pairs high, low and closing prices.
To calculate pivot points, the pivot point itself will be considered as the primary support/resistance level.
Meaning that the largest price movement will occur at this level.
The other support ad resistance levels have less important, but still can generate significant price movements.
Pivot points can be used in two ways.
The first way is to determine the expected overall market trend.
If the pivot point level broke in an upward price movement, then the next large move in the market is expected to be bullish move, and if the pivot point level broke in a downward price movement, then the next large move in the market is expected to be bearish move.
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Trading Profit/Loss

Trading Profit/Loss

The differential indicator is an indicator used to identify the profit/loss that would have been realized if any trader submitted multiple positions at the same time.

The indicator shows the rise and fall of the profit of positions opened at the red vertical line through a red graph line in a certain interval of time starting from the time of opening the positions and reaching to the current time, where each point is the total profit of opened positions at this time.


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Multi Pair Chart Indicator

Multi Pair Chart Indicator

The multi pair chart indicator allows putting multiple currency pairs on a host currency chart and draw the difference between the these currencies (the added pairs and the host pair) The multi pair chart is an indicator which represents more than one pair symbol, it creates further correlations between the pairs through hedging.

It simulates the expected relations between more than one symbol to be more useful and to facilitate the trading process.



for more information > > >

Trading Signals

Trading Signals


Dash Board indicator
Dash board is an assisting tool that makes strategies combinations where its calculations depend on volumes and correlations between strategies including a function that weights the indicators’ signal depending on strategies based on trend, oscillators, bill Williams, volumes and custom indicator; it gets the average signal among all the strategies over a specific time frame.

It shows the buy/sell signals by different strengths in the short, middle and long periods:Long strength expected results may take from 1 to 5 days to produce profit and the expected gain may reach average 60 to 30 pips.


Dash Board for all indicators

Dashboard for all is an assisting tool that includes 27 currency pairs, it allows traders to see the CIF values for the selected currencies on one chart.

It represents the buy/sell signal by a percentage of different strengths (short, long, and middle).

The dashboard for all calculations for each currency pair depends on, volumes and correlations between strategies including a function that weights the indicators’ signal depending on strategies based on trend, oscillators, bill Williams, volumes and custom indicator; it gets the average signal among all the strategies over a specific time frame.

Dash board for all indicators includes a history mode parameter which allows the trader to get the dash board indication for a historical point for many currencies at any time frame.





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Introduction:

Introduction:


• Trading in the Forex market is a challenging opportunity where above-average returns are available to those educated and experienced investors who are willing to take above-average risk.

• However, before deciding to participate in Forex markets, traders should carefully consider the investment objectives and scope, the required level of experience and risk abilities that should be available, and the most important factor is to take into consideration not to invest capital, if you can not afford its loss.

• In addition to the “Market Risk” associated with adverse price movement, there is a number of other “Risk Factors” that are inherent to online trading, whether manual trading or regular automated trading concepts available in some platforms.

Purpose

• By going through all previous points, ForexGen reached to some certain findings that aim to give traders the possibility to participate in the Forex industry with potentials in actually gaining money form the market and not often losing, this can be done by introducing the concept of “Automated Trading System”.

• The goal of building this system is to replace the human involvement in trading and relieve the individual trader from the emotional, physical and psychological stresses of manual trading and the tedious monitoring responsibilities of running an expert advisor on a platform. • The strategies embedded inside the system enables it to self-adjust to follow trending and ranging markets by using complex and sophisticated “market specific” trading algorithms and logic to analyze different price structure and movements resulting in self-adapting to the constant change in market conditions.

• The system has the capabilities to trade major currency pairs like (EUR/USD, USD/JPY, GBP/USD and USD/CHF) and any other pairs available in the Forex market .

for more information > > >

Types of Trading Analysis

Types of Trading Analysis





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.

It’s important to get a birds-eye view of the currency markets and learn how news affects prices. This is why you must follow and understand the daily forex news and market analysis of the professional currency analysts. Eventually, you’ll start to figure out what kind of role fundamental news will play in your trading. Fortunately, most of the Forex news and analysis is offered free on the Internet and we show you were the best ones are.

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.

If you want to use fundamentals to help you make an investment decision, you would rely heavily on an offering prospectus, annual and quarterly reports as well as any current news items relating to the issuer whose securities you are considering.
There follows parts of fundamental analysis will be described:

Types of charts ?
Graphical methods ?
Analytical methods ?
Technical indicators

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Protect Your Self

Protect Your Self



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, and we mean a 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.
You should have at least $10,000 of trading capital (in a mini account) that you can afford to lose. Don’t expect to start an account with a few hundred dollars and expect to become a kazillionaire .

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Forex Lingo

Forex Lingo




As in any new skill that you learn, you need to learn the lingo…especially if you wish to woo your love’s heart.

You, the newbie, must know certain terms like the back of your hand before making your first trade.


What are the major currencies that you can trade?

Most trading platforms offer trading with:
EUR (Euro) .
JPY (Japanese Yen).
GBP (British Pound).
CHF (Swiss Franc).
Euro / US Dollar .
US Dollar / Japanese Yen .
British Pound / US Dollar .
US Dollar / Swiss Franc .

for more information > > >

Forex Broker

Forex Broker



The main participants in forex market can be divided into the following types: banks, some commercial companies and some foreign currency brokers.

Choosing a Broker :
Low Spreads - The spread, calculated in “pips”, is the difference between the price at which a currency can be purchased and the price at which it can be sold at any given point in time.


Forex brokers don’t charge a commission, so this difference is how they make money
Quality Institution - Unlike equity brokers,
forex brokers are usually tied to large banks or lending institutions because of the large amounts of capital required (leverage they need o provide).

Also, forex brokers should be registered with the Futures Commission Merchant (FCM) and regulated by the Commodity Futures Trading Commission (CFTC).

Extensive Tools and Research - Forex brokers offer many different trading platforms for their clients - just like brokers in other markets.
These trading platforms often feature real-time charts, technical analysis tools, real-time news and data, and even support for trading systems .


for more information > > >

Order Types

Order Types




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 .


Basic Order Types :
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 .
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).


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 .

for more information > > >

ForexGen Academy

ForexGen Academy



If you are an experienced ‘FOREX Trader or just a beginner looking for the opportunities offered in the ‘FOREX market, Forexgen has created ForexGen Academy to give you the chance to get a ‘FOREX education and improve your trading skills .

How to Get StartedPeople are introduced to the exciting world of foreign exchange in many ways: friends, current events, newspapers, television, and many others.

Step 1: Practice makes perfectDemo 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 .

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. 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?

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