Learn How to Profit From Economic Indicators

The traders all over the world currency trade about $3trillion daily in the world foreign exchange markets.

The markets are open all over the world 24 hours a day and keep on absorbing new traders every day.
Now if you were to make some sense of what is happening in the currency markets and why there are swings across currency trading combinations then you will have to pay heed to a lot of economic news. There are several economic factors that change the view of the traders towards a particular currency.

Almost anywhere you go the most common term that you will hear is the Fed. Fed is short for Federal Reserve and this is the central bank of the United States. Now the chairman of the Fed always has the best interests of the economy so as to steer it clear of recession and help the people get respite from inflation. Any decision the fed makes an impression on how the US currency behaves. That said, you need to understand how each and every statement of the fed impacts the foreign exchange market.

The price of a currency is a factor of how the economy is shaping up. If the economy is not doing well, the price of the currency reflects that. The economic foundation of the country has to be sound for the currency to be strong. However whether you believe it or no, the currency traders pay particular attention to interest rates in the market and they are best indicators of the economic health of the country and also affect the general consumer market the most.

ForexGen Scalping Enabled Account


Trade and scalp the market [ForexGen] has the pleasure to announce the availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, [ForexGen offers] traders all the advantage of a “no dealing desk” option.

Advantages of No Dealing Desk Option

* Trade the news without intervention or restrictions * Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits. * Place scalping orders without intervention or restrictions. * A client-friendly trading environment, No re-quotes. * Ability to place orders inside the spread * Competing rates from multiple banks * Spreads are variable and can move sharply * Ideal for active or professional FX traders

For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.com

The Trillion Dollar Currency Exchange Market

The Foreign Exchange market is truly the largest exchange in the world.

The amount of dollars traded on the Forex market on a daily basis is in the trillions. Most of this currency trading takes place between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. However, individual traders are starting to get in the mix, using internet discount brokers such as Etrade to participate in the currency exchange market.

There is no central exchange or meeting place for the Forex. All trading is done over computer networks between traders in different parts of the world. Also, unlike the stock market, the foreign exchange market is open 24 hours per day, because it is a global market. A trader in Hong Kong may be exchanging currency with a trader in Australia while an American trader is sleeping.

There are several different markets within the Forex exchange system. First, there is the spot market. The spot market deals with trades that are based on the current values of currencies. One person trades a certain amount of currency with another trader in exchange for an equivalent amount of a different foreign currency. Spot trades take two days for settlement.

The other two types of foreign exchange markets are the forward and futures markets. In the forward market, the buyer and seller agree on an exchange rate and a transaction date is set for a specific time in the future, at which point the trade is executed regardless of what the rates are at that time. On the futures market, futures contracts are bought and sold based upon a standard contract size and maturity date. Futures trades take place on public commodities markets.
A currency quote is listed differently from a stock quote. Stocks are quoted in terms of price per share. Currency exchange prices are listed as either a direct quote or an indirect quote. A direct quote uses the domestic currency as the base and the foreign currency as the quote. An indirect quote works the exact opposite way.


[ForexGen Demo Accounts Contest]

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.com including the following information:
- 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

Simple Steps to Currency Trading Success

If you want to learn currency trading the right way you need to be aware that 95% of traders lose - not because they because they don't try, its just they get the wrong Forex education and this results in a swift wipeout.

1. Accept Responsibility

If you want to make money in currency trading then you need to accept responsibility for your destiny - no one else is going to give you success you have to take it for yourself. This means no blaming your forex broker, a guru or the currency markets; you are on your own. That's no bad place to be, as all successful traders in currency trading accept this fact and love the challenge.

2. Accept These Facts for Currency Trading Success

The most important fact to accept is that currency trading is a game of odds not certainties, predicting the market and scientific theories, and pinpoint accuracy is a lie perpetrated by vendors and they won't give you success. You’re like a successful card player simply playing the high odds but instead of hands their trading opportunities.

3. Your Currency Trading System

Building a currency trading system should be based on the following points and if you work smart and get the right knowledge, it should only take you a couple of weeks to master the basics and have a robust forex trading system that can get the odds on your side.

1. Use a long term trend following system

2. Learn about support and resistance and the timeless method of breakouts - if you don't know what they are read our other material.

[ForexGen Customer & Trading Support]

ForexGen Customer Service seeks to achieve the highest level of customer satisfaction.

[ForexGen online trading services] are available 24 hours a day from Sunday at 6:00pm EST to Friday at 2:00pm EST to support and offer the help needed by all ForexGen's clients through answering any questions they may have.
ForexGen provides full time assistances to support clients during the usage of [ForexGen platform], whenever our clients face any problems during downloading or installing the platform ForexGen experienced stuff will help to overcome it.

ForexGen provides clients with full scale demonstrations and help for the technical issues.

Dealing Rooms.

ForexGen dealing desk representatives are available during trading hours - 24/5 from Sunday 6:00pm EST to Friday at 2:00pm EST.

You are encouraged to contact the dealing room by phone ONLY in these situations:

* If you are not able to access the internet.
* Failing to receive a confirmation on an online order.
* Failing to connect to ForexGen server.

A Smart Currency Trading Tutorial

This market is a great opportunity for all people that have an internet connection, the problem is that most people don't know how to be a forex trader. Some people are born with it and some are not. The good news is that we can all be taught and learn these skills, which is what I hope to do with this article.

Trading Time: The market for currency trading is open 24hrs a day, so you have a lot of time to choose when you can make all your trading decision, but like a lot of things, choice doesn't always help you make the right one. I'll divide up the day into two different types; high volume and low volume. Let's start with the low volume time. You're going to have barely anyone trading at this time, and what will happen is a big bank will make a trade and it'll be so large that the currency will move erratically. This isn't good for you. My online currency trading tutorial recommends doing it at high volume times because there is so many people trading and money moving around that a big bank's trade will be insignificant with respect to the way everyone else is trading.

Control Your Emotions: The last thing you want creeping around your head is those emotional feelings that make us act not in our best interest. I like to refer to these emotions as turning us from business people into gamblers. You'll start to get feelings about trades. The most common is the gut feeling. They all result in the same action. Making a decision based solely on that emotion, rather than fact.

I'm currently giving a 7 day free forex course. Newbies and experienced are all welcome. If you're interested in participating, check out the Casual Forex Trader

[Claim Your Bonus In ForexGen]

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.

Account Type
Mini Account
Free Cash Bonus
10% of your deposit maximum $250

Account Type
Standard Account
Free Cash Bonus
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

Learn Currency Trading Online

Forex trading is speculative in nature therefore it should be kept in mind on the part of the investor that he/she is prepared for the unforeseen circumstances. In order to facilitate the online brokerage, there are many online sites that help in providing the methods to learn forex currency trading online that can help in increasing the overall knowledge of the investor.

They help in providing brokerage tips to the budding investors so that they are able to understand the intricacies of the market and predict the nature of the stocks so that they can improve the profit making capacity on their part. In order to learn forex trading online, there are many websites that provide online forex trading courses that can be handy in understanding the basic principles of market trade. It instructs about all the basic terms and technical languages used in the forex trade.

Once the user is well versed in the basics of online forex trading, he/she can approach the broker who will help him in opening the account and dabbling in shares and forex deals. This includes 24-hour open market which is facilitated by the Internet. In this market, the trader can bet on the forex reserves and attain benefit form the share market. Thus, it is very important to learn forex currency trading online. Without its knowledge, one is at the constant risk of losing his hard earned income.

[Why ForexGen]


1. Lowest spreads in the market with 0-1 pip spread 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 and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. [ForexGen] offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

Trading Volume window To The Soul Of Markets

Traders often over look trading volume, they pay it lip service, but they do not grasp the effect it can have on their trading system. When I was first told this by a friend who was trying to help get out of a slump, it didn't sink in right away.
I thought that the volume was interesting, but I did not see any great need to use it. It didn't seem to me that it would change my trading. Then, he asked me if I would be a better trader if I could read minds. I immediately said, of course anybody would! He then told me that in effect that volume indicators were reading the mind of the entire market at once. I became interested in what he was saying, as he explained volume I realized he was right.

Explaining volume can be a lengthy process, so as not to bore anyone, I will cut to the chase. When reading volume, you should pair it with a Japanese candlestick chart. Essentially, what you are looking for is unusual volume spikes along with price movements. If the price climbs higher on a 10 minute candle and during that 10 minute candle the volume spiked up, you may have a trade to watch. On the next candle if a continued move to higher prices, along with strong volume occurs then you probably have a stable trend toward higher prices. I generally like to see at least one more indicator. Such as a moving average crossover.

[ForexGen Money Manager]

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.

The most competitive trading conditions:

* 2 pips spread on six currency pairs.
* Providing online trading services without maintenance margin, margin call and no automatic closing of positions below the initial margin on weekdays for accounts with initial equity of up to $1 million US. The margin level have to be recognized Fridays at 23:00 CET and before public holidays.
* Leverages up to 1:200 for accounts up to $1 million US.
* Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.

Forex Broker Commissions

Most forex brokers do not charge commissions.

GFT Forex Brokers, like other forex brokers, are compensated by revenues from their activities as currency dealers, including proceeds from buying, selling, converting and holding currencies, interest on deposited funds, and rollover fees.
Many may wonder how brokers work without commissions. The forex dealer is like a middleman. Let's consider the case of a bread middleman. He buys bread at a "wholesale" price and he sells it at a "retail" price. So if one is a baker, he can ask the middleman how much he would buy his bread for. Let's say the middleman quotes $1, so he's willing to pay $1 per loaf.
On the other side of the equation, let's say you just finished his last slice of bread, and you needs a new loaf. So you call up the local middleman, and ask him how much he's willing to sell you (a customer) a loaf of bread for. And he quotes the baker $1.25. That sounds reasonable, so you tell him to drop one off for you.

In this example, the bread middleman didn't charge you a commission to either the baker or you, the customer. Instead he bought at one price and sold at another. He will let you buy from him at $1.25, and let you sell to him at $1. So every time the baker has bread to sell, he checks the middleman's sell price. And when you want to buy a loaf of bread, you check the buy price. In trading, this is known as the "bid" and "ask". The bid is the price you can sell at, and the ask is the price you can buy at.

Considering forex broker commissions, the forex dealer will let the trader buy from him at 1.1971 and will let the trader sell to him at 1.1967. The difference 0.0004 is known as the spread. And this spread is where the forex "middleman" makes his money.
If the trader were to buy at 1.1971, then the instant the trader buys, he is "down" 0.0004, because if the trader wanted out of the trade, the best price he could sell it for is 1.1967. So as the forex dealer takes varying trades from people, each buying or selling, he can make money from this price gap. Each minimum increment, 0.0001 is referred to as a "pip". So the spread in this example is 4 pips. In terms of dollars, for a forex contract of $100,000, this transaction would cost you $40 ($100,000 x 0.0004) or 4 pips. So the trader will find that some companies will advertise a spread of 3 pips on some currencies, usually ranging up to five on others. In forex trading, the tighter the spread is, the better.

[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. No hard expressions, no buzz words, and no rocket science language are used throughout these lessons.
How to Get Started?

People are introduced to the exciting world of foreign exchange in many ways: friends, current events, newspapers, television, and many others. For those of you who are new to forex, the following guidelines cover the basics of currency trading.

also do you Know ForexGen Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.

Learn Ecurrency Exchange To Make Money Is This A Scam

Should you attempt to learn e currency exchange trading if the system a is just scam? Is what many courses like Matt Gagnon's mazu are promoting a scam? If not, why are there rumors of e currency exchange being a scam?
If you have asked yourself questions along these lines then I highly recommend you keep reading my review for whether you should learn e currency exchange or not.
First of all, let me clear something up for you. If you've heard about the e currency exchange system being a scam, chances are you heard of it related to comments from Matt Gagnon from Mazu.

Here's why I say this:
1. Matt Gagnon was the first person to create a course for people that wanted to learn e currency exchange. His website is very popular, which leads me to the fact that...
2. He sell outdated courses. He was the first one to create a course, and he never looked back on it. When you learn E currency Exchange you know this is a system that evolves constantly. Since Matt Gagnon from mazu does not update his course, the system he teaches no longer works. This mean upset customers, and on top of that...
3. Mazu does not refund people's money. Making it in the eyes of someone who has just bought their course, a scam. This is what many customers say when they review mazu.
The fact that when you want to learn e currency exchange you can make very good money without really working, mixed with the fact that the best selling course about the subject is a scam as many mazu customers review it, then that makes it very easy to believe that the entire e currency exchange system is a scam.

However, the reality about how the e currency exchange system works is entirely different from what Mazu's Matt Gagnon teaches.
First of all, let me state that from my experience and many others which I personally have heard, it is possible to make good money with the e currency exchange system. The whole system is as good as many people set it out to be.

Meaning the following things:
1. Except when you're just starting to learn e currency exchange, you really don't need to put in more than 30-60 minutes a day to be profitable. After you've done with the learning curve, things become much easier to exchange e currency.
2. You don't need to work when you want to learn how to make money with e currency exchange. This really requires no selling, no marketing of any sorts, and it just takes your checking up on your daily profits and taking a few moments to reinvest them to see even more profits. I understand why this is hard for some people to believe so they call it a scam.
3. Dxinone (the company that does the e currency exchange) is a company that keeps growing and lately has implemented new methods of making money, which shows that it's a stable company and has every intention of being in the market for a long time.
In summary it's ultimately you who has to make the decision to learn e currency exchange. Nothing in this world is completely guaranteed, but from my experience I can tell you that it's no scam. I've never seen anyone in three years loose a single cent while doing this system. So it's up to you to decide if you want to learn e currency exchange trading.

ForexGen Scalping Enabled Account


Trade and scalp the market [ForexGen] has the pleasure to announce the availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, [ForexGen offers] traders all the advantage of a “no dealing desk” option.

Advantages of No Dealing Desk Option

* Trade the news without intervention or restrictions * Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits. * Place scalping orders without intervention or restrictions. * A client-friendly trading environment, No re-quotes. * Ability to place orders inside the spread * Competing rates from multiple banks * Spreads are variable and can move sharply * Ideal for active or professional FX traders

For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.com

Planning Trades To Control Risk

The problem with many traders is, they only have half a plan, the easy half.
They know how much profit they're willing to take, but they don't have the foggiest idea how much they're willing to lose. They're like a deer in the headlights, they just freeze and wait to get run over. Their plan for a position that goes south is, 'Please God, let me out of this and I'll never do it again,' but that's wishful thinking, because if by chance the position turns around, they'll soon forget about God. They'll go back to thinking that they're geniuses, and they'll always do it again, which means that they're sure to get caught, and get caught bad.
I have a true story I'd like to share. It's about a broker I knew and a Canadian dollar trade she made. It goes like this:

I received a phone call from this lady moaning about a Canadian dollar trade she was in. She was managing money and had all of her clients in this particular trade. Canadian dollar, at least at that time was, and still can be, a thin and extremely volatile market, and is best traded by people who have a genuine need to trade them. But she was in and in up to her neck in trouble. She said, "Joe! I don't know what to do! If the Canadian goes down any more I'm going to wipe out all of those accounts." She told me she had been so sure the market would move up, that she never even planned the amount of risk she was willing to take, and by the time she had determined where to put a protective stop, Canadian dollar had shot past that point.
I told her I had no idea of how she could get out of her predicament and that was an honest answer. I really did not know what she could do.
Apparently, she decided to pray! She called me back that evening and told me she had gone into the ladies room, closed the door on the booth, and knelt down and implored God to get her out of the mess she was in. She promised that she would never again trade the Canadian dollar, if he would just save her skin from disaster.

The following day, the Canadian dollar opened gap up, and moved to a point where she could get out at breakeven. She took the opportunity and got out. Later that day, the Canadian dollar moved even higher. Two weeks later, she was back trading them once again.
The lady broker had no plan for what she would do if the market moved against her. Whatever planning she did was done after, not before entry into the market. She irresponsibly took unlimited risk with client accounts, having no idea of her exit point.
But perhaps worst of all, she was dishonest with both herself and her clients. She vowed to never trade that market again. Where was the discipline and self-control she needed to keep her promise?
How many of us do the same thing when we trade. We make mistakes, vow to never make them again, and then do the same dumb things all over again. We take risk without planning or realizing just how much risk we are truly taking. Then the market teaches us a painful lesson. I think you would agree, markets are very good at doing that.

[ForexGen Demo Accounts Contest]

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.com including the following information:
- 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

Forex Trading How to Setup A Solid Workstation

Introduction
At first glance, it may not appear that important, but you will come to appreciate the wisdom of ensuring you have all of the tools necessary to make your currency trading experience a positive one.

Work Station Location
Choosing the right place for trading is your first step. Be sure not to rush into making this decision too quickly. Do you have a spare room? How about an office? The place you choose should be a place where you can concentrate and feel comfortable.
Trading Forex at times can be very stressful, so your trading area should be a place where you can relax. Avoid setting up your trading setup in your bedroom, as this could disrupt your sleep cycle. Having the right amount of rest and sleep is as important as trading forex itself. Keep this in mind.

Trading Computer and Accessories
One of the most frustrating events for a new trader is attempting with outdated computer equipment. The following list must not be ignored in acquiring adequate computer equipment:

Minimum Hardware Requirements:
• Pentium 3
• 256 MB Ram
• 20 GB HD
• 17" Monitor
• Fast Internet Connection
• Windows 2000, XP
• Antivirus and Firewall Protection
Whether you choose a desktop or laptop computer, be sure it meets the minimum requirements for the best operating results. You'll also want to have a comfortable chair with adequate lower-back support.
Other useful accessories include: a small calculator, a telephone to call dealing desk if needed and a notebook to be used as a trading log.

Recommended Hardware Requirements:
• Pentium 4 2.6GHZ or better
• 512 MB Ram
• 100GB HD
• 2 17"monitors or 2 19" (LCD)
• FAST Internet Connection
• Windows XP
• Antivirus and Firewall Protection

Internet Connection
When you are a day trader, you will need a stable fast internet connection, avoid internet services where frequent disconnections are the norm, for longer term traders (such as o daily chart traders), you can use a dial up connection but still preferred is a fast stable connection to the internet such as ADSL.

[ForexGen Customer & Trading Support]

ForexGen Customer Service seeks to achieve the highest level of customer satisfaction.

[ForexGen online trading services] are available 24 hours a day from Sunday at 6:00pm EST to Friday at 2:00pm EST to support and offer the help needed by all ForexGen's clients through answering any questions they may have.
ForexGen provides full time assistances to support clients during the usage of [ForexGen platform], whenever our clients face any problems during downloading or installing the platform ForexGen experienced stuff will help to overcome it.

ForexGen provides clients with full scale demonstrations and help for the technical issues.

Dealing Rooms.

ForexGen dealing desk representatives are available during trading hours - 24/5 from Sunday 6:00pm EST to Friday at 2:00pm EST.

You are encouraged to contact the dealing room by phone ONLY in these situations:

* If you are not able to access the internet.
* Failing to receive a confirmation on an online order.
* Failing to connect to ForexGen server.

You Can Make Money Trading On The Forex Market If You

with a small sum, you can make a lot of money, but only if you devise your strategies wisely.

It is important to pay attention to major Forex information (especially that related to major global events) because, this way, you can gradually learn to anticipate the fluctuations of currencies and decide when to make a move on the Forex market. However, you must be aware that such moves, bound to bring you large sums if you interpret the Forex information you get correctly, are not very frequent and you have to be on the watch at all times.

Online foreign trading has been gaining a lot of momentum in recent years, much like most forms of online trading. In order to get accustomed with basic Forex information, which you definitely need before starting out in Forex trading, you can resort to the advice of Forex experts, who are easily found nowadays. If you browse the Internet you will come across numerous websites offering tips on how to cope in the foreign currency exchange market, and there are also guidebooks with essential Forex information that you can purchase from specialized providers.

The best guidebooks will let you in on some secrets of the trade, thus proving to be of real help. There are many advantages to dealing on the Forex market as compared to how things work with stock exchange markets, for example. One of the most important pieces of Forex information you must learn from the very beginning is that, when trading foreign currency, there is no centralized location from where things are conducted. The Forex market is also open virtually nonstop and it is very likely that you will always find people interested in trading with you. With the expansion of the Internet and of electronic transfer methods, Forex information circulates worldwide, so you can benefit from the widest global market, stretching to the farthest corners of the planet. There are several methods of analyzing the major tendencies on the Forex market. By taking hold of basic Forex information, you can envision such tendencies yourself.

The faster you grow, the larger the sums of money you can gain. Learning essential trading strategies is the first step to develop real skills for interpreting Forex information correctly and to decide when it is the right time to make a move on the Forex market or to step back in order to protect your capital. Please visit this site to find out more Forex Information and Forex news that might be vital for your successful future trading strategies

[Claim Your Bonus In ForexGen]

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.

Account Type
Mini Account
Free Cash Bonus
10% of your deposit maximum $250

Account Type
Standard Account
Free Cash Bonus
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

Currencies Market Article

The Basics Of Forex Trading

Many people are interested in finding out Forex information or tips for Forex trading - especially those who want to speculate with various currencies and gain money from differences between exchange rates over time. Details about the Forex strategies you can resort to, about the ways to avoid common traps and other such Forex information can be found out mostly from specialized websites or books. Following the advice of experts, you can learn new and easy ways of making money through Forex trading, so make sure you have as much Forex information as possible before starting to deal on the foreign currency market.Article body:Many people are interested in finding out Forex information or tips for Forex trading - especially those who want to speculate with various currencies and gain money from differences between exchange rates over time. Details about the Forex strategies you can resort to, about the ways to avoid common traps and other such Forex information can be found out mostly from specialized websites or books. Following the advice of experts, you can learn new and easy ways of making money through Forex trading, so make sure you have as much Forex information as possible before starting to deal on the foreign currency market.

If you are interested in Forex trading and in devising strategies to make money on this market, you must learn to anticipate the fluctuations of exchange rates by taking into account all the factors that might influence them.

The value of a currency can change dramatically overnight due to major events influencing the global market. If you keep up to date with the most recent news, you can benefit from important Forex information to make money through Forex trading. Taking advantage of this type of Forex information means you know when to be cautious about exchanging large sums and when you can take the plunge.There is, of course, serious risk involved for those interested in going into Forex trading. However, you dont have to be the adventurous type, because if you devise your strategies well and make the most of the Forex information you get your hands on, you can make serious profits. If you are too cautious about making deals on the Forex market in an attempt to avoid unnecessary risks, you might miss out on major opportunities to gain large sums. There are cases when you must venture to make sure you make a profit, and you can minimize your risks by making the most of the Forex information you have.An important issue related to Forex trading is not to have unrealistic expectations. If you start out

[Why ForexGen]


1. Lowest spreads in the market with 0-1 pip spread 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 and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. [ForexGen] offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

Basic requirements

These are minimum requirements for choosing an online broker. Any online foreign exchange broker must be able to offer the following basic services:

• Real-time currency exchange rate quotes
• An account summary showing your current account balance with realized and unrealized profit and loss, margin available, and any margin locked in open positions
• Charting and technical analysis available to active traders
• Instant execution of orders
• 24 hour trading and customer service

Of course, as you begin researching, you will discover that almost all online brokers offer these basic services, so it is probably more useful to list things that should be avoided. One indicator of a reputable broker, is that they have a high minimum deposit requirement. This is not to keep poor people from trading. You cannot make money with a small deposit - they are doing you a favor and accepting "mini or micro" accounts will give them a bad reputation.

[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. No hard expressions, no buzz words, and no rocket science language are used throughout these lessons.
How to Get Started?

People are introduced to the exciting world of foreign exchange in many ways: friends, current events, newspapers, television, and many others. For those of you who are new to forex, the following guidelines cover the basics of currency trading.

also do you Know ForexGen Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.

Things to consider when choosing a foreign exchange broker

• The broker is not your friend – he’s not necessarily your enemy, but it makes no difference to him how much money you make or lose, only how many trades you make and extended positions you keep open. Win, lose or draw, the broker gets paid.
• Do they have 24 hour customer support? The FX market is a 24 hours a day market – your broker needs to be too.

• How good is their customer service? Try them out before deciding, but bear in mind, their sales service may well be better than their after sales service. If possible, get a personal recommendation. By personal, I mean from someone you know personally - not the nice gentleman who posts the YouTube videos that demonstrate how easy it is to make a fortune forex trading.

• How comfortable are you with their trading platform? Many brokers offer a demo account facility that will allow you to test their platform. This is a crucial point – you must feel that you fully understand their operating software and are comfortable using it. Bear in mind using a demo account with no money in is not the same as trading for real. Which trading platform you prefer will depend on a number of factors.

• What level of commission do they charge? i.e how much is their spread?

ForexGen Scalping Enabled Account

Trade and scalp the market [ForexGen] has the pleasure to announce the availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, [ForexGen offers] traders all the advantage of a “no dealing desk” option.

Advantages of No Dealing Desk Option

* Trade the news without intervention or restrictions * Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits. * Place scalping orders without intervention or restrictions. * A client-friendly trading environment, No re-quotes. * Ability to place orders inside the spread * Competing rates from multiple banks * Spreads are variable and can move sharply * Ideal for active or professional FX traders

For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.com

Forex Trading Origins & History - A Short Overview on Forex Origins

The market of currencies known as Forex has not always been and existed as we know it today.

The high volume, high leverage, 24 hours a day trading market that we know today is relatively new and has its origins in the early 70's when the Breton Woods agreement was abandoned.
Breton Woods agreement was a result of the second world war and it stated that foreign currencies would have a fixed value against the U.S dollar. The main reference for value considered by this agreement was gold, i.e. gold was king those days and the U.S dollar had a fixed value of $35 per ounce of gold.

This state of things in the world economy didn't allow a free trade market for currencies as we know it today. As stated above the exchange rates had mostly a fixed value and there was little room for trading and speculation. In short there was practically no currency market available for the public .
But by the end of the 1960's this Breton Woods agreement began to lose acceptance, mainly by the U.S government, and in 1971 the U.S dollar was not longer convertible to gold, Breton Woods was over and a forex market began to emerge; in its first phase, between the United Stated and Europe.

By the end of the 70's and early 80's the advances in telecommunication and computer power opened the gates of the Forex market to Asian time zones. Consequently a global forex market began to consolidate. At the time the value of foreign currency exchanged equally $70 billion dollars daily.
In the 90's we had the internet boom, pc and laptops were made more accessible to wide sectors of the society, mainly in the industrialized world but without leaving too far emerging economies, and by now we have strong Forex market that can be accessed from anywhere in the world with many brokers online and a total trading value close to $1.5 trillion daily.

ForexGen Scalping Enabled Account

Trade and scalp the market [ForexGen] has the pleasure to announce the availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, [ForexGen offers] traders all the advantage of a “no dealing desk” option.

Advantages of No Dealing Desk Option

* Trade the news without intervention or restrictions * Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits. * Place scalping orders without intervention or restrictions. * A client-friendly trading environment, No re-quotes. * Ability to place orders inside the spread * Competing rates from multiple banks * Spreads are variable and can move sharply * Ideal for active or professional FX traders

For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.com

Are Forex Robots Scams, Or Can They Really Make You Money?

If you haven't been hiding in a cave for the past two years or so, you probably know that everyone wants in on the Forex market.

Who wouldn't want to just skim $200.00 to $300.00 a day off the massive currency market, where as much as $3 TRILLION dollars is traded daily!
Maybe you're like me, you see the tremendous potential to create this nice daily stream of income in currency trading, but to attempt to wade through the technical jargon and then start in trading yourself is a bit intimidating!

So what about all those crazy Forex Robot Scams you see being hyped daily in your email inbox? You know, the promise that these little uploadable software programs will automatically create you a fantastic income without you lifting a finger.
Is it really possible for the average Joe to upload some software (the Robot) onto a Metatrader chart, turn it on and "presto" it begins to trade profitably for you?
It sounded a bit too good to be true when I first heard about these Forex Robots. I was taught the traditional method of Forex trading, and at one time I even bought a $2000.00 course that came with about 10 DVD's and a thick manual on supposedly all the tricks of the FOREX trade.
I suppose it helped me see the big picture of currency trading, but the learning curve is pretty steep. I eagerly went through all the materials, and then began trading in the Forex market. But I still struggled to make a profit, even after all the information I stuffed into my small cranium.
I even attempted to find a broker to make the trades for me. Maybe I didn't find the right one. Although I made a little money, he always ended up with a good percentage of the profits anyway.

Then a good friend of mine, who had been involved in the Forex market for the last 5 years, gave me a call. He had been experimenting with a few of these Forex Robots that had become all the rage in the trading world.
He said he had been as skeptical as I was, but couldn't resist the opportunity to see if all the hype about these Robots was true, or if they were merely scams. After doing a lot of research and talking to fellow traders, he began to put a few highly recommended robots to the trading test.
The first two he started with were totally worthless, and after several losses my friend quickly shut them down. He told me at that point he figured the Forex Robots were just that...scams.
But he wasn't ready to give up yet, and as he continued his research, he came upon another Robot that quite a few Forex traders were talking about on a trading forum. It seemed they were able to create some pretty decent profits using this trading robot and were enthusiastically recommending it.
It was time to experiment again. My friend ordered the Robot these traders were raving about, and now, after his first two Robot duds, set this one up to trade with every expectation it would fail also.
He decided he would start trading with $350.00. He set up the robot, and quite frankly he forgot about it for about a week. When he remembered to check his account, he fully expected to see what he had experienced with the other robots.

What he did see made him do a double take. There was $750.00 in his account after only 7 days. He had already doubled his money!
Excited by the possibilities, my friend continued to monitor his account. In two weeks his $ 350.00 seed money had grown to $1400.00. After a month he had a total of $3200.00 in his account!

It was no wonder this powerful robot was all the rage. Of course after this exciting testimonial from my friend, I had to get this little robot and try it for myself. After I uploaded the robot to my Metatrader chart, which was surprisingly easy and only took about 5 minutes, I was ready to go.
I put in $300.00 to trade. I too was astounded at the accuracy of this robot to read the currency trends. To make a long story short, after one month of trading, my robot gained me a total profit of $2500.00! Needless to say I was hooked.
The moral of the story is that not all Forex Robots are scams. In fact, there are a number of these robots that are professionally packaged for profitability, affordability, and effectiveness. All Forex Robots are not created equal. In my next article we'll find out what to look for in a robot that will make you a profit.

[ForexGen Demo Accounts Contest]

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.com including the following information:
- 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

The Trading Secrets of Fibonacci and the Golden Ratio

We all are familiar with the fact that successful traders use Fibonacci and the Golden ratio. Before, we all get ready to try our luck, it is imperative that we know and understand what they are. While Fibonacci numbers and sequence was first known to appear in a book (Liber Abaci ) written by a famous 13th century mathematician Leonardo Fibonacci da Pisa in 1202 as a solution to a problem. The question quoted "How many pairs of rabbits can be generated from a single pair, if each month each mature pair brings forth a new pair, which, from the second month, becomes productive?"

The Fibonacci numbers were the first introduced in the European countries, which was still using Roman numerals with the decimal system or the Hindu-Arabic numerals as presently used. The Fibonacci sequence: 1,1,2,3,5,8,13,21,34 and so on to infinity, is made by adding the two previous numbers in the sequence, to come up with the next number.
Similarly, Golden ratio is also connected to Fibonacci, as it was recorded that just after the first few numbers in the Fibonacci sequence, the ratio of any number to the next higher number is approximately .618, and the lower number is 1.618. These two numbers are known as the Golden ratio.

Fibonacci numbers like much of its use in spheres of art, music, biology and architecture; finds an ardent follower in traders, who uses Fibonacci numbers to set stop loss orders. Two of the most important Fibonacci percentage retracement levels in trading are 38.2% and 62.8%. While other important retracement percentages include 75%, 50% and 33%. For instance, if a price trend initiates at zero and peaks at 100, to later decline to 50, it would be considered as 50% retracement. Similarly, the same levels can be applied to a market that is in a downward move and then suddenly experiences an upward correction.
There is a great connection between Fibonacci numbers and trading, as it defines stop loss level. A trader can set a stop loss placement just below or above the zone, in case three Fibonacci price levels come together in a relatively tight zone. Moreover, a Fibonacci number can help define stops in eventualities like if the support zone is violated and the price trades below that zone; or a trader trades against a support zone. In such cases, the cause for the trade is annulled and the position closed.

However, using Fibonacci retracements takes away the excitement out of trading and gives a pre-defined exit point. Moreover, Fibonacci numbers gives position sizes depending on the risk you are prepared to take per trade; and also defines profit objectives to bank partial profits or constrict stop loss level, once a pattern is completed against a Fibonacci price zone.
One of the immense advantages of Fibonacci numbers and the Golden ratio in trading is the fact that while taking the excitement out of trading, you can define not only stop losses to exit a market, but also set profit objectives as well.

[ForexGen Customer & Trading Support]

ForexGen Customer Service seeks to achieve the highest level of customer satisfaction.

[ForexGen online trading services] are available 24 hours a day from Sunday at 6:00pm EST to Friday at 2:00pm EST to support and offer the help needed by all ForexGen's clients through answering any questions they may have.
ForexGen provides full time assistances to support clients during the usage of [ForexGen platform], whenever our clients face any problems during downloading or installing the platform ForexGen experienced stuff will help to overcome it.

ForexGen provides clients with full scale demonstrations and help for the technical issues.

Dealing Rooms.

ForexGen dealing desk representatives are available during trading hours - 24/5 from Sunday 6:00pm EST to Friday at 2:00pm EST.

You are encouraged to contact the dealing room by phone ONLY in these situations:

* If you are not able to access the internet.
* Failing to receive a confirmation on an online order.
* Failing to connect to ForexGen server.