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 > > >

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 > > >

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 ReviewPip (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.

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.

for more information > > >

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 > > >

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

for more information > > >

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 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 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

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?

for more information > > >

Forexgen Promotions

Forexgen Promotions

Claim Your BonusSpecial Promotion for New ClientsFree cash bonus when you open your new live account withen the next 30 days.

You will recieve a FREE cash bonus which will be added to your trading account. The cash bonus depends on the account type you open.

Account Type Free Cash Bonus

Mini Account 10% of your deposit maximum $250

Standard Account 10% of your deposit maximum $500

for more information > > >

Patterns Recognizer

Patterns Recognizer

Technical analysts in the Forex market found that by observing the candlesticks patterns, there are recurring patterns on the candlestick charts.

Such patterns are like recurring pictures on the candlestick charts and they tend to occur when a trend is about to end or reverse its direction.

The patterns are a very good visual representation of the price movements and it give traders a good view of what is likely to happen next in the market.

Why are candlesticks patterns important?
The answer for this question is quite simple because candlesticks represent true status of what is going on in the market at the current moment.

If a candlestick range is tight, this means that the market range for the trading day was very tight .
for more information > > >

Fibonacci Summary

Fibonacci Summary

There are 2 types of Fibonacci:
Fibonacci extension:the levels of Fibonacci extension will be 0, 0.382, 0.618, 1.000, 1.382, 1.618.many Traders can use the Fibonacci extension as profit taking level and when they watch the same levels ,they can buy or sell to enter the trade or cancel it,so this will become a due self-fulfilling execptation .

And the levels of Fibonacci retracement will be 0..236, 0.382, 0.500, 0.618, 0.764.a lot of traders use the Fibonacci retracement as support levels and when they watch the same levels,they can place buy and sell to enter the trade or cancel it so the support level becomes a self-fulfilling expectation .

for more information > > >

Simple Moving Average

Simple Moving Average

the simple moving average is formed by calculating the average price of a security over a particular number of periods.

While it is possible to create moving averages from the Open, the High and the Low data points, most moving averages are created using the closing price.

For example: a 4-day simple moving average is calculated by adding the closing prices for the last 4 days and dividing the total by 4.

11+ 12 + 13 + 14 = 50

(50 / 4) = 12.5

for more information > > >

MA Summary

MA Summary

Ma summary Moving averages are one of the most famous tools and also the easisest tool used by many traders We can find many types of moving averages .

the 2 most popular types are: Simple Moving Average and Exponential Moving Average.

• The simple form of moving average (SMA) will be the simple moving average, is formed by computing the average = price of a security over a number of periods

• Exponential moving averages: EMA’s reduce the lag by applying more weight to recent prices relative to older prices.

for more information > > >

Bollinger Bands

Bollinger Bands

BOLLINGER BANDS The Bollinger bands are used to measure the market’s volatility. When the market is quiet, the bands contract; but when the market is LOUD, the bands expand. when the price was quiet, the bands were close together, but when the price moved up, the bands spread apart. If you want to learn more about the calculations of a Bollinger band, you can find all the informations that you need through this site www.bollingerbands.com '

for more information > > >