Friday, June 6, 2008

ForexGen Solutions

ForexGen Solutions

It’s more important that I progress as a risk-aversed trader. For newer traders, it’s very important for you to understand that learning methods to control your risk should be a priority. Making gains monetarily is obviously important but making gains and strides elsewhere are more important. When I first started trading mostly with demo accounts, I had some unbelievably profitable trades but my strategies were random and my risk and leverage too high. A lot of this is just pure luck and not going to take you to the next level. Your account balance shouldn’t be used as a guage for success. Some questions to ask yourself to guage your success may be:

Have you managed to minimize your risk and maximize your reward?

Have you maintained consistency?

Have you been able to control your emotions?

Have you developed a complete trading system that you’ve been able to follow without deviation?

If you haven’t been profitable, have you at least been able to turn those gushing drawdowns into slow bleeders?

For more information please contact us at

www.forexgen.com

ForexGen Opens Doors for Complaints

ForexGen Opens Doors for Complaints



I haven’t been able to make any progress monetarily in about a month. I’m up about 4% this month but breaking my account balance all-time high has been a struggle. I’m pretty much stuck where I was around this time last month. I’m not all that concerned and shouldn’t be considering I was preaching patience a couple of days ago. It’s just that every time I open my trading platform, the account balance is just staring me in the face. Read more…

ForexGen LTD History

ForexGen LTD History

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 provides a unique online trading experience based on our intelligent online Forex trading package, the ForexGen Trading Station, including the best online trading system.

ForexGen LLXserves both private and institutional clients. We have a strong commitment to maintain a long term relationship with our clients.Read more…

If you are seeking to educate yourself about forex trading, most probably your main objective is to gain trading skills so that you are able to trade

If you are seeking to educate yourself about forex trading, most probably your main objective is to gain trading skills so that you are able to trade independently and to be able to create personal consistent wealth through forex trading. Most forex traders are independent traders or individuals who are trading from the comfort of their own homes and not institutional traders who are backed with large quantities of capital by commercial organisations or sponsored by large investing funds.

The distinction between private forex education and academic education

If you are an individual private forex trader, then what you need is a practical forex trading education that will encompass the practical aspects of trading and how to make money from your trades rather than an all comprehensive education involving the historical background of forex, the intricacies of price movements or the more mundane academic statistical studies of finance and currencies. So if you are someone entering into the forex market with the intention to make money from trading forex, then look for someone or a mentor or a trading course that can allow you to learn how to trade profitably.

As a wealth creator, this is what you should look out for in planning your own forex trading education or learning plan. Read more…

Money Manager with ForexGen

Money Manager with ForexGen

An individual who is responsible for the entire financial portfolio of another individual or another entity.

A money manager receives payment in exchange for choosing and monitoring appropriate investments for the client.

Benefits of being a Money Manager with ForexGen:

  • Providing three different commission sources.
  • Weekly commission plan.
  • Easy & fast commission withdrawals.
  • Fixed percentage of the profits.
  • P = k * D “P=Profit, k=Variable Parameter, D=Deposits”

The money manager gets a fixed percentage of the profit previously agreed upon with the client for managing the client funds as a bonus feature.Read more…

Gaining Experience in Trading with ForexGen

Gaining Experience in Trading with ForexGen

Here is one secret that can shorten your learning curve as a forex trader. Get yourself a trade simulator and practise your trading methodology repeatedly till you are consistently profitable before you trade. Practice makes perfect, and you can pick up years of experience as a forex trader within weeks on a trade simulator with a large database of price movements. Read more

ForexGen Mini Forex Trading Account

For the beginner trader, the use of a mini forex trading account will greatly reduce his risk as he puts into practise whatever he has learnt in forex trading. A mini forex trading account possesses more leverage and a trader can start to trade with very low capital, and therefore reduced risk. In that way, he can start to maintain discipline in trading without worrying too much on losing a big sum of money.

On the basis of these guidelines, it is possible for a person to craft or design an initial plan to acquire personal forex training and education so that he can become a professional or private forex trader.

For more information please contact us at

www.forexgen.com

Manage Risk Profile with ForexGen

Manage Risk Profile with ForexGen



The second consideration is your personal risk profile. Are you an aggressive trader or a conservative trader? This is important form the aspect of forex education because you will not be able to fit into day trading forex if you are a conservative trader who is not looking for multiple trades a day. On the contrary, the aggressive trader will like to be proficient in day trading and learning how to trade as a forex day trader will be suitable for him. By knowing your own risk profile, you will be able to start in the correct direction finding a mentor or a trading cour

ForexGen Presents Help for Beginners

ForexGen Presents Help for Beginners


“Trader, Know Thyself”


It is important for you to research your own trading profile. By this, I suggest you should consider whether you wish to be a day trader, who will be trading several times a day and whether you are able to spend time on the trading terminal, watching prices or are you better placed as a swing trader who makes a trade within days or a long term position trader who cna hold a trade for several weeks. Each type of trader trades on a different time frame, and each method of trading is different. So you will need to zero down on the type of trading you wish to learn. Read more…

ForexGen Solutions

ForexGen Solutions

It’s more important that I progress as a risk-aversed trader. For newer traders, it’s very important for you to understand that learning methods to control your risk should be a priority. Making gains monetarily is obviously important but making gains and strides elsewhere are more important. When I first started trading mostly with demo accounts, I had some unbelievably profitable trades but my strategies were random and my risk and leverage too high. A lot of this is just pure luck and not going to take you to the next level. Your account balance shouldn’t be used as a guage for success. Some questions to ask yourself to guage your success may be:

Have you managed to minimize your risk and maximize your reward?

Have you maintained consistency?

Have you been able to control your emotions?

Have you developed a complete trading system that you’ve been able to follow without deviation?

If you haven’t been profitable, have you at least been able to turn those gushing drawdowns into slow bleeders?

For more information please contact us at

www.forexgen.com

Trend Analysis and The Forex Market with ForexGen

Trend Analysis and The Forex Market with ForexGen



Trend analysis is an indispensable function of the successful Forex trader. Just like a good mechanic or carpenter, having the right tools in your toolbox will make all the difference in your ability to break down trends and trade in the direction of established trends. Following are some essential Forex trend analysis tools to include in your toolbox: Mark the trends using trend linesUsing multiple chart compressions, decide on the overall directio

Forex Hedge Funds with ForexGen

Forex Hedge Funds with ForexGen

Hedge funds gained their popularity in the U.S. but foreign markets are starting to catch on to the idea. Hedge funds are known for their secrecy and exemption from regulatory rules. This investment vehicle moving overseas only makes it more attractive. There are however a few concerns when thinking about FOREX hedge funds.


  • Even less regulatory oversight
  • Less legal protection against losses
  • For now mostly meant to attract U.S. investors
  • Still relatively new and untested

This is not meant to completely discourage FOREX hedge fund investing but to make you aware of the potential risks involved. Hedge funds typically require hundreds of thousands of dollars in initial investments and that would be no small loss in a new trend scam if that’s what your first FOREX hedge fund investment turned out to be. Read more…

Forex Hedge Funds with ForexGen

Forex Hedge Funds with ForexGen

Hedge funds gained their popularity in the U.S. but foreign markets are starting to catch on to the idea. Hedge funds are known for their secrecy and exemption from regulatory rules. This investment vehicle moving overseas only makes it more attractive. There are however a few concerns when thinking about FOREX hedge funds.


  • Even less regulatory oversight
  • Less legal protection against losses
  • For now mostly meant to attract U.S. investors
  • Still relatively new and untested

This is not meant to completely discourage FOREX hedge fund investing but to make you aware of the potential risks involved. Hedge funds typically require hundreds of thousands of dollars in initial investments and that would be no small loss in a new trend scam if that’s what your first FOREX hedge fund investment turned out to be. Read more…

What is the truth with ForexGen?

What is the truth with ForexGen?

Unlike centralized exchanges (e.g. NYSE, AMEX, CBOE, and etc.), OTC item prices settle upon agreement of two private parties, unregulated. The Forex brokers understand this and exploit it for profit.

These bucket shops trade against the clients, i.e. they serve as market makers and more often than not take the other side of trades against clients. They understand statistically that most financial market traders perform with negative expectancies, hence making trading against a losing crowd profitable business. This aslo explains why they target and welcome financial industry newbies so much.

What about the ones smart enough to eventually trade profitably? These brokers operate to preserve capital, and they resort to whatever means available and prevent consistent winnings off any client. Software disconnects, lagging/fraudulent price quotes, unfilled orders, or simply account banning have become some, certainly not all, common bucket-shop practices.

The above explains why most Forex brokers have incentives for clients to lose, and hence not legitimate. It has given Foreign Exchange trading a bad name, though it can become lucrative still, just not through the typical bucket-shops.

The Mathematical Think-Tank with ForexGen

The Mathematical Think-Tank with ForexGen

Cash exchange rates, an Over-The-Counter (OTC) instrument, has become an easy-profit tool for many private business ventures, calling themselves legitimate Forex brokers. However they promote it, the business model reeks.

Selling Fantasies

Every ad starts with some wild claims of something along the lines of “Make $5,000 a week sitting at home!”, “Easy money from Forex!”, or anything else with excessive amounts of exclamation marks, you get the drift. They entice people with fantasies where truth lies away in distance. Read more…

ForexGen Defines PIP

ForexGen Defines PIP

A point in Forex trading is referred to as a “pip”. It is the last decimal place of a price quote.

Currency pairs are usually traded in standard Lots, which are equivalent to 100,000 units of the top currency in a pair. For example, 1 Lot of GBP/USD is eqivalant to 100,000 pounds. Standard lots can be traded in “mini” versions (0.1) and are equivalent to 10,000 units of the top currency pair.

Since the currency that is on the top of the price quote changes, i.e. 1 Lot of GBP/USD (100,000 Pounds) is worth more than 1 Lot of USD/CAD (100,000 Dollars), the value of a pip changes. Also, the size of a position will affect how much each pip is worth.

You can use our Pip Calculator to easily figure out how much each pip is worth for any pair, or size position.

To learn more about contract sizes and the use of leverage, see this part of our Forex Course.

ForexGen ShowsThe Importance of Keeping a Log

ForexGen ShowsThe Importance of Keeping a Log

How many times have you read a book or a post telling you to keep a trading log. But you don’t. Or it isn’t consistent or some other excuse.

The reason I believe that most traders don’t keep a log (remember most traders don’t make money either) is because it requires discipline. And it requires that you confront your trading - warts and all.

I’ve posted a copy of today’s trading log for the ER2 and YM. You’ll notice that there are 2 trades that shouldn’t have been taken at all! Also you’ll note I calculate my average winner, average loser, and my winning %. That tells me my expectancy. Also all my profits and losses are denominated in R values (that’s risk values) not ticks or dollars. This keeps me honest. If I risk 20 ticks to make a 2 tick trade then I don’t get “rewarded” for that. However if I make a 20 tick trade with a risk of only 2 ticks then I do.


By the way thanks to ForexGen for the inspiration for the grading system you see on this trading log. The idea is that for each of my trading components: 1) signal, 2) mechanics, 3) Position Sizing, 4) Trade Management, 5) and Exit mechanics I get a grade - just like school. Depending on how I handle each of those components. So at the end of the day I can quickly evaluate where my weak points were. Read more…

Forexgen Purpose

Forexgen 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 system offers huge capabilities for any kind of trader, it does not really matter if traders have an intensive experience and knowledge in the Forex markets or without any knowledge at all, the system will always tune it self to adapt traders who uses it, offering trading features far in excess of what human traders are capable of.

• The system offers traders an opportunity to trade the world currency markets 24 hours a day 5 days a week initiating trades on traders behalf according to the trader’s selected strategies in the signal entry and positions management, Utilizing an advanced and -state of the art- trading strategies that determines exactly where to buy and sell and how to maintain the opened positions.

Visit us at:

www. Forexgen.com

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.

•The trading optimizer inputs are the pairs’ symbols. While, its outputs are the combinations of the pairs that reached the most expected profit in the history.

In the following screen traders select the desired optimization type:

- Fixed open variable closes

- Variable opens fixed close

- Variable opens variable closes

In the following screen traders selects the desired currency pairs to create all their possible combinations.

The following screen enables traders to select the desired collections of pair’s combination.

The following screen will show all the possible orders’ directions according to the determined combination size.

In the following screen the determined directions will be applied on the pairs’ combinations.

In the following screen traders will select the desired combinations to be optimized.

In the following screen the combinations’ profitability will be represented graphically on the chart.

In the following screen the combinations’ profitability will be represented graphically on the chart

The Strategy tester main structure will be as the following

Strategy tester

Strategy tester

will enable the traders to apply more than one strategy for one or multi pairs and simulate these strategies in history to see the results of these strategies and try to tune its parameters to achieve its maximum profit and minimum loss.

The system offers reporting facilities to the traders to save the results of each applied strategy and their total profit/loss.

The strategy tester uses the following two components to carry out its process.

Validator

- Validates the prior used strategy to be applied on the historical data.

- Integrate with the optimizer to filtrate the pair’s loops generated by the optimizer.

- Accept ranges from different parameters to enable selecting the ideal setup to produce the maximum expected profit.

Verifier

- Scoring and ranking the time results from using the strategy.

- Providing the trader with feedbacks on different strategies performance.

SWAP-FREE ACCOUNTS

SWAP-FREE ACCOUNTS

ForexGen offers the swap-free accounts. Currency swaps will not apply to ForexGen accounts.
ForexGen will not charge a fee of per traded lot round turn. ForexGen will invoke this right in case of suspicion of abuse.

Stop, limit Order Execution
Our dealing room always tries to execute top orders (sell stop, buy stop, sell limit and buy limit) at the indicated price unless in the market gaps where price changes at a sudden and it is impossible to fill you with the price that initially requested.
Our dealers always try to fill you at the best price that can be achieved.
Streamline Dealing
ForexGen’s clients buy and sell without a request for quote and that means ForexGen provides streamline dealing and tries hard to avoid requotes.
When clients try to take advantage of a wrong price quotes in the Market Watch, requotes take place.

Visit our site at:

www.forexgen.com

Forexgen instruments:

Forexgen instruments:

Contract to be traded.
INTEREST RATE SWAPS (IRS):

It is a transaction whereby two counter-parties exchange fixed and floating interest with each other. This transaction can be regarded as two parallel loans, one fixed and one floating. The floating is set against LIBOR, and the difference between the two rates is paid in the appropriate direction on each rollover. In a single currency Interest Rate Swaps, no principal changes hands, only Interest.

INTRODUCING BROKER (IB):

A person or organization that solicits or accepts orders to buy or sell futures contracts or forex but does not accept money or other assets from the customers to support such orders.


LEVERAGE:

The ability to control large amounts of currency/commodity with a comparatively small amount of capital.

Visit us at:

www. Forexgen.com

Src=”http://badge.facebook.com/badge/1121594302.5.642273352.js“>http://www.facebook.com/people/Forex_Gen/1121594302”>Forex Gen’s Facebook profile

FUTURES CONTRACT:

A futures contract is a legally binding standardized agreement made to buy or sell a commodity or financial instrument sometime in the future.
Fx (see Foreign Exchange Market)

GTC (Good Till Cancelled):

An order left with a Dealer to buy or sell at a fixed price. The order remains standing until it is cancelled by the client.

HEDGING:

The practice of undertaking an investment activity in order to protect against loss in another. An example of this is selling short to nullify a previous purchase, or buying long to offset a previous short sale.


Visit us at:

www. Forexgen.com

Forexgen Purpose

Forexgen 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 system offers huge capabilities for any kind of trader, it does not really matter if traders have an intensive experience and knowledge in the Forex markets or without any knowledge at all, the system will always tune it self to adapt traders who uses it, offering trading features far in excess of what human traders are capable of.

• The system offers traders an opportunity to trade the world currency markets 24 hours a day 5 days a week initiating trades on traders behalf according to the trader’s selected strategies in the signal entry and positions management, Utilizing an advanced and -state of the art- trading strategies that determines exactly where to buy and sell and how to maintain the opened positions.

Visit us at:

www. Forexgen.com

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.

•The trading optimizer inputs are the pairs’ symbols. While, its outputs are the combinations of the pairs that reached the most expected profit in the history.

In the following screen traders select the desired optimization type:

- Fixed open variable closes

- Variable opens fixed close

- Variable opens variable closes

In the following screen traders selects the desired currency pairs to create all their possible combinations.

The following screen enables traders to select the desired collections of pair’s combination.

The following screen will show all the possible orders’ directions according to the determined combination size.

In the following screen the determined directions will be applied on the pairs’ combinations.

In the following screen traders will select the desired combinations to be optimized.

In the following screen the combinations’ profitability will be represented graphically on the chart.

In the following screen the combinations’ profitability will be represented graphically on the chart

The Strategy tester main structure will be as the following

Strategy tester

Strategy tester

will enable the traders to apply more than one strategy for one or multi pairs and simulate these strategies in history to see the results of these strategies and try to tune its parameters to achieve its maximum profit and minimum loss.

The system offers reporting facilities to the traders to save the results of each applied strategy and their total profit/loss.

The strategy tester uses the following two components to carry out its process.

Validator

- Validates the prior used strategy to be applied on the historical data.

- Integrate with the optimizer to filtrate the pair’s loops generated by the optimizer.

- Accept ranges from different parameters to enable selecting the ideal setup to produce the maximum expected profit.

Verifier

- Scoring and ranking the time results from using the strategy.

- Providing the trader with feedbacks on different strategies performance.

SWAP-FREE ACCOUNTS

SWAP-FREE ACCOUNTS

ForexGen offers the swap-free accounts. Currency swaps will not apply to ForexGen accounts.
ForexGen will not charge a fee of per traded lot round turn. ForexGen will invoke this right in case of suspicion of abuse.

Stop, limit Order Execution
Our dealing room always tries to execute top orders (sell stop, buy stop, sell limit and buy limit) at the indicated price unless in the market gaps where price changes at a sudden and it is impossible to fill you with the price that initially requested.
Our dealers always try to fill you at the best price that can be achieved.
Streamline Dealing
ForexGen’s clients buy and sell without a request for quote and that means ForexGen provides streamline dealing and tries hard to avoid requotes.
When clients try to take advantage of a wrong price quotes in the Market Watch, requotes take place.

Visit our site at:

www.forexgen.com

Forexgen Client Services

Forexgen Client Services

1- Customer Support

We provide a full time assistance service to support our customer in dealing easily with ForexGen trader software. Even if you face any problem during downloading or setting up the software, we will help you overcoming it.
We provide the trader with full scale demonstrations and troubleshooting for technical problems

Calling the dealing room is restricted to placing orders, no support or help desk issues are permitted to be placed through the dealing room numbers. These numbers are extremely busy and only attended by dealers who will not handle any other kind of issues.


Request call back.
Please specify your details and comments or inquiry then we will contact you

We are committed to your privacy.

Live On-line Support
we are available during trading hours on the Internet via Live Person Chat.
Click here to initiate a conversation.

Visit our site at:

www.forexgen.com

Forexgen Broker

Forexgen Broker

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

Broker is the intermediary who helps you access to foreign exchange (forex). Similar to a stock broker, these agents can also provide advice on forex trading strategies. This advice to clients often extends to technical analysis and research approaches designed to improve client forex trading performance.

Choosing a Broker


There are many forex brokers to choose from, just as in any other market. Here are some things to look for:

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. In comparing brokers, you will find that the difference in spreads in forex is as great as the difference in commissions in the stock arena.

Bottom line: Lower spreads save you 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). You can find this and other financial information and statistics about a forex brokerage on its website or on the website of its parent company.

Bottom line: Make sure your broker is backed by a reliable institution!

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. Before committing to any broker, be sure to request free trials to test different trading platforms. Brokers usually also provide technical and fundamental commentaries, economic calendars and other research.

Bottom line: Find a broker who will give you what you need to succeed!

Wide Range of Leverage Options - Leverage is necessary in forex because the price deviations (the sources of profit) are merely fractions of a cent. Leverage, expressed as a ratio between total capital available to actual capital, is the amount of money a broker will lend you for trading. For example, a ratio of 100:1 means your broker would lend you $100 for every $1 of actual capital. Many brokerages offer as much as 250:1. Remember, lower leverage means lower risk of a margin call, but also lower bang for your buck (and vice-versa).
Bottom line: If you have limited capital, make sure your broker offers high leverage. If capital is not a problem, any broker with a wide variety of leverage options should do. A variety of options lets you vary the amount of risk you are willing to take.

For example, less leverage (and therefore less risk) may be preferable for highly volatile (exotic) currency pairs.

Visit our site at:

www.forexgen.com

ForexGen Defines Forex

ForexGen Defines Forex

Unlike other financial markets that operate at a centralized location (i.e., the stock exchange), the worldwide Forex market does not have a central location. It is a global electronic network of banks, financial institutions and individual Forex traders, all involved in the buying and selling of national currencies. A major feature of the Forex market is that it operates 24 hours a day, corresponding to the opening and closing of financial centers in countries all across the world. At any time, in any location, there are buyers and sellers, making the Forex market the most liquid market in the world. Read more…

ForexGen Explains What Drove the US Dollar to a Record Low

ForexGen Explains What Drove the US Dollar to a Record Low

The dollar continued to remain under pressure as the trade deficit increased in the month of February. Even though everyone was looking for the weaker dollar to help boost trade, I forecasted an increase in the deficit because the previous drop in the ISM manufacturing index told us that it would be weak (Forecasting News)

Jobless claims also dropped sharply but the improvement is primarily due to the Easter Calendar effect. I still expect claims for unemployment to rise especially since continuing claims remain at very high levels.

Not only is the US dollar trading at a record low against the Euro, but it also slipped below 7 Chinese Yuan. With this big psychological barrier breached, the G7’s criticism towards China’s currency regime will be limited.

Nothing has changed and if anything, ECB President Trichet has confirmed his hawkishness. US retail sales are due for release next week and with Linens ‘n Things joining Domain, Fortunoff, and Sharper Image in filing for bankruptcy protection, consumer spending will contract for another month. Crude oil and gasoline prices have also hit a record high which is going to hurt consumer spending further.

Learn more about Forex Market News with ForexGen at

www.forexgen.com

World Currency with ForexGen

The ECB’s and BOE’s rate decisions puts more wind to the back of EUR/GBP!


The Eurozone and the U.K. economies continue to diverge.

For years and years, these two economies followed each other up and down in “lock step”. Then the credit/sub-prime crisis hit. This pushed the U.K. economy lower as they experienced the same things that America experienced: Hedge fund blow ups, banks struggling, housing prices falling, etc.

On the other hand, many other European banks didn’t have as much exposure to “sub-prime” as did the “financial epicenter”, the U.K.

So as these economies “de-linked” and continue to diverge, it’s produced a heck of an uptrend in the EUR/GBP pair. Click on the chart to enlarge it below.

Learn more about Forex Market News with ForexGen at

www.forexgen.com

Automated Forex Trading - More Trades with ForexGen

Automated Forex Trading - More Trades with ForexGen

This article is part of my ongoing evaluation of ForexGen’s Forex System Selector, a web based automated trading tool that allows the user to select one or more trading systems, and have them automatically traded against an account.

This is running against a one month demo account, which is funded with $100,000. Previous articles have given an overview of the product and the first trades. This article provides an update on trading performance to date.

In terms of the operational smoothness of the system, I can report that it continues to operate flawlessly. I am taking note of this because I have tried several other products that were unstable and continually lost server connectivity. The fact that this product is web based, and on ForexGen’s own server means that connectivity to ForexGen’s quotes and trade execution engine is well controlled. Read more…

Pair’s Hedging Detector

Pair’s Hedging Detector

In today’s financial and business world, the hedging concept can be considered as one of the most important issues traders’ faces every day. Some people think that applying hedging concepts is something confidential or highly classified; in fact almost all Forex traders in Forex trading market apply the hedging concept. To make this term more understandable we can say that hedging concept can be described as applying insurance in our trading activities In Forex markets, hedging concept is almost the same as getting insurance, the only clear difference is that hedging does not cover for accident; instead, hedging covers for the amount of losses traders might face in Forex trading. Moreover, hedging is commonly applied in the business and financial world where most of traders hedge their transactions in order to protect themselves from losing their gain.

Demo Contest

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Win Cash Prizes

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.comincluding the following information:This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

- 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, or you can chat with our representatives, you can also request a call back from one of our agents by sending us your contact number and the best time we can reach youThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Live Contest

Live Contest

Trade, Compete, and Win - Begins the 1st of Every Month!

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 live.contest@forexgen.comincluding their “live Account Number”. This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

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, or you can chat with our representativesThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it

You can also request a call back from one of our agents by sending us your contact number and the best time we can reach you ReadMore..

Claim your Bonus

Claim your Bonus

Special Promotion for New Clients

Free 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.

Open A New Live Account Now

Mini Account
10% of your deposit maximum $250

Standard Account

10% of your deposit maximum $500

To be able to withdraw your free cash bonus, you need at least to open 20 trading lots in period not exceeds 3 months.For more information about our current and future promotions, contact one of our customers support agents at promotions@forexgen.com, or you can chat with our representatives, you can also request a call back from one of our agents by sending us your contact number and the best time we can reach you. ReadMore..

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. If this narrow candle range appears after a strong up-trend, it may be a strong indication that the market there is a bearish power have now entered the market more aggressively, and it’s strongly suggesting that the price may fall down.

Finally, candlesticks patterns can be easily used to determine potential reversals of the current trends in the market - most likely when used at the same time with other technical indicators. By constantly observing the candlestick patterns, traders can observe potential reversals of trends and have good opportunities to join the market with strong indication of what will go on next.

Introduction to Forex Trading with ForexGen

Introduction to Forex Trading with ForexGen

Short for Foreign (currency) Exchange, Forex is the world’s biggest market for trading in currencies. As much as 2 trillion US dollars worth of currency are traded on the Forex on a daily basis. Compare this with the approximately 25 million US dollars traded on the NYSE and you’ll get the picture - Forex is huge.

So what is Forex all about? Simply put, Forex entails buying one currency, let’s say Turkish Lira, and selling another, say US Dollars. In Forex, currencies are always traded and quoted in pairs. The exchange is made through a broker.

Just like the stock market where you are investing in a company, with Forex you are in a way investing in a country. If your company is a success, the value of your stock goes up. Much the same principle is at work in Forex. If the economy of the country whose currency you are trading is robust, the value of that currency will also go up - and you can then sell it for a profit. Read more…

Developing a Forex Strategy with ForexGen

Developing a Forex Strategy with ForexGen

A fool-proof trading strategy can help you gain profit from day one in the Forex market. If you spend some time to study the market you will find some price patterns that recur consistently.

You can substantiate your observations with charts or graphs using a strategy builder software and then finally develop a strategy unique for your trading habits.

So developing a sound and effective trading strategy is the important foundation of the trading. You must develop working knowledge of technical analysis as well as knowledge of some of the more popular technical studies before deciding which is going to be the best strategy for you.

A trading strategy should optimize your risk with respect to the reward, or vise versa. It should have a disciplined method of limiting the risk and make the most out of favorable market moves. Read more…

The Forex Currency Pairs with ForexGen

The Forex Currency Pairs with ForexGen

Foreign Exchange trading is in general the trading of many currencies of the world. It is emerging as the largest and least regulated market providing the greatest liquidity to investors.

This trading is always done in pairs – Currency Pairs, one currency is bought and the other is sold. Together, they make up what is known as the “exchange rate”.

Most commonly traded currencies or the “majors” are:

US Dollar (USD)
Japanese Yen (JPY)
Euro (EUR)
British Pound (GBP)
Canadian Dollar (CAD)
Australian Dollar (AUD)
Swiss Franc (CHF)

Most commonly traded currency pairs are:

US Dollar and the Japanese Yen (USD/JPY)
Euro and US Dollar (EUR/USD)
US Dollar and Swiss franc (USD/CHF)
British Pound and US Dollar (GBP/USD)

Learn more about Forex Market News with ForexGen at

www.forexgen.com

ForexGen LTD History

ForexGen LTD History



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 provides a unique online trading experience based on our intelligent online Forex trading package, the ForexGen Trading Station, including the best online trading system.

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

Throughout our partnership with the industrial leaders, we are capable of delivering incomparable quality of online currency trading service.
The ForexGen LTD services are all controlled by the international banking and financial regulatory standards. ForexGen LTD is continuously providing the Forex market’s safest trading terms & conditions. Providing professional currency trading services that meet our client’s expectations is our first priority.

Types of Trading Analysis With ForexGen

Types of Trading Analysis With ForexGen

ForexGen Trading Station

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 yo

Open Live Account with ForexGen

Open Live Account with ForexGen

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 1:500
Trading execution : Dealing Desk Enabled, OTC execution

ForexGen Platform

ForexGen Platform

ForexGen Trading Station is the client’s part of the 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 easy. The program has a simple and user friendly interface that allows traders to monitor their transactions and their account as well as performing 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.

The ForexGen Trading Station is our clients’ gateway to the world’s Foreign Exchange and Bullion markets. We have chosen the ForexGen Trading Station as our solution for the professional trader because in our opinion, it is the most reliable, professional and secure online trading software on the market at the current time.

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.

• Provides many order types to employ the desired trading strategies and mange the risk.

• Summary of client’s orders, floating profit& loss, account equity, etc within real-time.

• Follow P&L and open positions within real-time.

• Providing a multi-lingual platform that supports 14 different languages.

• Exclusive technical analysis daily to your mailbox in the Trading Platform.

• Providing news headlines directly in the system.

• Provides research reports for every day and every week.

• Showing real-time prices in the major currency pairs that are constantly updated.

• Providing tools enabling the ForexGen’s clients who have real accounts to program their own trading strategies with the Expert Advisor.

• Clients with real accounts can discover the ForexGen’s trailing Stop feature.

• Providing a high level of security found in the client’s unique username and password. We strongly recommend you to open a demo account to try the many features of our system. For further information or assistance, please do not hesitate to contact us at any time or simply request a call back.

• 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.

• Signals of system and trading actions.

• Getting on-line news from financial markets.

• Internal e-mail system.

• printing charts and completed trading transactions statements



ForexGen Trading Signals

ForexGen Trading Signals

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:

- Short strength expected results may take from 2 to 8 hours to produce profit and the expected gain may reach average 20 to 30 pips.

- Middle strength expected results may take from 8 to 24 hours to produce profit and the expected gain may reach an average of 30 to 60 pips.

- 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.

Indicator features:

- History mode feature that allows traders to get the dash board indications for any point in history.

- The ability to show or hide all strategies.

- The ability to add or remove any strategy from Dash Board calculations.

- Assigning weights for each strategy in Dash Board calculations.

- The ability to store Dash Board values in files.

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.

Indicator features:

- Showing more than one currency pair on the same chart sorted by spread ascending.

- Showing currency pairs having the same spread with the same color.

- Showing average, short, middle and long term CIF values beside CIF values for all pairs.

- The ability to select the needed currency pairs to be shown.

- The ability to select directly all currency pairs to be shown.

- ForexGen support the following symbols.

- The ability to store current CIF values in a text file for the selected currency pairs.

- The ability to store history CIF values in a text file for the selected currency pairs.

- The ability to show or hide all currency pairs (hide them while storing in file).

- The ability to use currency pairs correlation and weights functions.

The following screen is to select the desired pairs to represent their CIF values on the current chart.

Strategies Board

Strategies board is an assisting tool that produces buy and sell signals based on many sophisticated trading strategies that anticipates the markets and predicts the trend and breakouts.The generated signals are the average signals among all the used strategies over a specific time frame. The signals is divided into different strengths in the short, middle, long periods.

Indicator features:

- History mode feature that allows the traders to get the strategy board indications for a historical point of time.

- The ability to show or hide all strategies.

- The ability to select the included strategies in strategy board calculations.

- Assigning weights for each used strategy.

The following screen is to select the desired pairs to represent their SIF values on the current