Showing posts with label No Swap. Show all posts
Showing posts with label No Swap. Show all posts

Monday, June 9, 2008

About Forexgen

About Forexgen

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 serves both private and institutional clients. We have a strong commitment to maintain a long term relationship with our clients.

ForexGen principals
ForexGen LTD 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.

ForexGen LTD 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).

Why participate in the Forex Market

Why participate in the Forex Market

  • 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.

for more information > > >

Technical Analysis

Technical Analysis

ForexGen studies past price and volume changes in order to build up simulations on future price movements. ForexGen’s analysts mainly make use of charts and financial formulas to gather enough information used in technical price speculations.
Types of indicators used in technical analysis:

• Cycle indicators
This type of indicators specify the exact time of an expected market change due to a repeatable phase that the market go through (Elections, seasons…etc)

• Volatility indicators
Changes in volatility tend to lead changes in prices. (Example: Bollinger Bands)

• Trend indicators
This one mainly examines the variable price data to create moving averages and trend lines.

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.



for more information > > >

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.

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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 > > >

Forexgen Charts

Forexgen Charts


The Forex charts are the point of interest at ForexGen. Charts are a significant technical analysis tool for a trader that wants to perform successful trading. . Line Chart: The line chart is a graphical representation of the historical exchange rate of a certain currency pair in a given period of time. The line is established and drew according to the closing prices connection of the day.




Bar Chart: The bar chart is a currency chart represents the currency price, forming vertical bars in a day (e.g. every 60 minutes). Each bar contains 4 ‘hooks’ .

Candlestick Chart: The candlestick Forex charting is used to forecast the market. It represents OCHL prices as ‘candlesticks’ with a wick at each end. When the opening rate is higher than the closing rate the candlestick is ‘solid’.

Point & figure charts: Point and figure patterns are essentially the same patterns found in bar charts but Xs and Os are used to market changes in price direction. In addition, point and figure charts make no use of time scales to indicate the particular day associated with certain price action.

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Withdrawal of Funds With Forexgen

Withdrawal of Funds With Forexgen


Traders can withdraw money from the trading account in a simple and fast way.
Withdrawal to a bank account:


1. Login to your account using your user name and password.
2. Click on “Manage accounts” link on the left menu.

3. Select to submit new
withdraw transaction.

Withdrawal to an e-gold account:

1. Login to your account using your user name and password.
2. Click on “
Manage accounts” link on the left menu.
3. Select to submit new
withdraw transaction.

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 > > >

Pip Value Calculator

Pip Value Calculator



Pip value constantly changes according to the market currency price for indirect currency pairs.

Instructions :
You may input any prices you need in the second column of the table. If you are using non-standard lots, you may input the size of your lot in the bottom cell.

Quick Review
Pip (or Points) is a term used in Forex market to indicate the smallest incremental move an exchange rate can make.

Depending on context, normally one basis point (0.0001 in the case of EUR/USD, GBD/USD, USD/CHF and 01 in the case of USD/JPY).

for more information > > >

Trading Optimizer

Trading Optimizer


The Trading Optimizer’s main functionality is to create relations between groups of pairs and finding the best combinations that may produces the best profit in the minimum time possible, this process is performed by sophisticated -state of the art- algorithms which is based on the classification and clustering of correlated pairs resulting in simulating all possible runs in history to get the best combinations.

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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.



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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 > > >

Custom indicators

Custom indicators


ForexGen offers you the chance of a life time by dedicating a team of experienced developers specialized in Forex market to give you assistance and support in your ideas
Contact us at: development@ForexGen.com This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

Our house experts categorize and make combinations of the trend, oscillators, bill Williams, volumes and other custom indicators, the CIF signal values is generated according to the indicators’ combinations depending on certain calculations, volumes and correlations between more than one indicator and according to a specified function that weights the indicators’ signal.

The CIF values are represented graphically via four lines
(short .middle, long, current).


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Navigator

Navigator

The Navigator provides a quick and appropriate various program resources employing. The Navigator is accessed through the menu items View - Navigator or by Ctrl + N key combination.

In addition to the Navigator button on the toolbar.

These folders include: Accounts - lists all your accounts (both demo and live). By a right-click the folder and choose Open a New Account you can open a new account. The trader has to be attentive which account is currently being in trading.
• Indicators - lists the regular used indicators at
ForexGen.

The trader can add an indicator just by double-click on it.

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 .

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 > > >

Forex Terminology

Forex Terminology



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.




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


USD/JPY:
110.78 .01 divided by exchange rate = pip value

USD/CHF:
1.1227 .0001 divided by exchange rate = pip value

GBP/USD:
1.9799 .0001 divided by exchange rate = pip value


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