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.
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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