Forex Academy

What is Traded on The Foreign Exchange Market?

2009-01-13T12:21:00.000-08:00

The simple answer is money. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the euro and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY).

Because you're not buying anything physical, this kind of trading can be confusing. Think of buying a currency as buying a share in a particular country. When you buy, say, Japanese Yen, you are in effect buying a share in the Japanese economy, as the price of the currency is a direct reflection of what the market thinks about the current and future health of the Japanese economy.

In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country's economy, compared to the other countries' economies.
Unlike other financial markets like the New York Stock Exchange, the Forex spot market has neither a physical location nor a central exchange. The Forex market is considered an Over-the-Counter (OTC) or 'Interbank' market, due to the fact that the entire market is run electronically, within a network of banks, continuously over a 24-hour period.

Until the late 1990's, only the "big guys" could play this game. The initial requirement was that you could trade only if you had about ten to fifty million bucks to start with! Forex was originally intended to be used by bankers and large institutions - and not by us "little guys". However, because of the rise of the Internet, online Forex trading firms are now able to offer trading accounts to 'retail' traders like us.

All you need to get started is a computer, a high-speed Internet connection, and the information contained within this site.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs 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.

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support.
We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus.
Let [ForexGen] prove to you that you have taken the right step by choosing our partnership.

Introduction to Foreign Exchange Markets

2009-01-13T12:15:00.000-08:00

The forex market is a non-stop cash market where currencies of nations are traded, typically via brokers. Foreign currencies are constantly and simultaneously bought and sold across local and global markets, hence investments appreciate or depreciate in value based upon currency movements. Foreign exchange market conditions can change at any time in response to real-time events.

The main enticements of currency dealing to private investors and attractions for short-term forex trading are:

• 24-hour trading, 5 days a week with access to global forex dealers
• An enormous liquid market making it easy to trade most currencies
• Volatile markets offering profit opportunities
• Standard instruments for controlling risk exposure
• The ability to profit in rising or falling markets
• Leveraged trading with low margin requirements
• Many options for zero commission trading

[ForexGen Introducing Brokers]

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.

WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

* Providing the most huge income sharing plan
* Providing several ways for our IB's to charge commission.
* ForexGen IB can also charge commission for each lot the traders execute.
* Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized service

[ForexGen] offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make ForexGen
incomparable to any other rival.

Forex Market

2009-01-13T12:09:00.000-08:00

Forex market is the biggest financial market in the world. Moreover, currency trading is one of the fastest growing forms of investing.

Here’s how to find information and resources to deepen your knowledge about the fast and exciting world of foreign exchange and how to use it for trading purposes.
Internet has changed the way people view forex markets. No longer are the best currency analyst reports unavailable to the public, live real-time data too expensive for common investors, or capital requirements too high.

In fact, many companies have introduced mini forex accounts, with starting capital requirements for selected accounts in some brokerages under $1000. These smaller accounts have made currency trading available to everyone, increasing the need to be educated on forex and currency 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, 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.

AUD/JPY and NZD/JPY Rose to its Highest Level Since November 2008

2009-01-13T11:51:00.000-08:00

Varengold Wertpapierhandelsbank AG
Good morning from beautiful and cold Hamburg. Around the world circulate a lot speculation how deep the World’s economic recession will really be and which country can protect its economy effective. It seems that this question affect the FOREX market powerful at the present. However, we wish you a prosperous trading.

Market review
AUD/JPY and NZD/JPY rose to its highest level since November 2008 based on optimism U.S. President-elect Barack Obama’s economic stimulus plan which will help to recover the United States from recession. The head of currency strategy at National Australia Bank Ltd., John Kyriakopoulos, wrote according in a research “Reduced pessimism on the global economic outlook is evident”. Also the AUD/USD climbed to a three-month high at 0.7267 from Tuesdays closing at 0.7175.

The last three days the EUR/USD fell temporarily 5.30 percent to its low at 1.3313 and rebound to 1.3536 on Tuesdays closing while the Euro-Zone Consumer price index rose 1.6 % in December. On early Wednesday Tokyo trading the currency pair was under considerable strain again and fell to 1.3432. As well EUR/JPY weakened as derivatives showed that some investors are betting the ECB will lower its key interest rate next week. The EUR fell versus JPY 1.74 percent to 125.10 at its low on Wednesday.

GBP gained versus a basket of major currencies based on speculations the interest-rate cuts will revive the British economy faster than economists expected. EUR/GBP fell from 0.92741 at its opening to 0.90695 at its closing.

[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.

AUD/JPY Forecast 2009

2009-01-13T11:22:00.001-08:00

Short-Term Forex Technical Outlook: AUD/JPY

Currency Pair: AUD/JPY
Chart: 60 Min Charts
Short-Term Bias: Bearish

As risk trends continue to dictate price action in the forex market, the technical outlook favors a bearish forecast for the AUDJPY. After falling to a low of 55.08 of 10/27, the pair jumped to a high of 70.53 on 11/4, but the lack of momentum to push higher has held the pair in a downward trend. At the beginning of the week, we saw the pair move towards 62.85 (50.0% Fib retracement level), but the failure to break above this level suggests that the pair will move lower over the remainder of the week.

Moreover, the divergence from the 120 SMA should drag the pair lower over the next few hours of trading, and may work its way towards the moving average by the end of the session.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

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

Yen Technical Outlook

2009-01-08T18:37:00.000-08:00

I returned as a USDJPY bear yesterday because “USDJPY sellers came in just before the 61.8% of 1006.60-87.09 at 95.21. This is also the center of a former congestion zone (roughly 94-97) as well as the 100% extension of the rally from 87.09 to 91.31; at 94.08.”

A bounce of recent weakness near term to former support near 92.30 is a possibility but there is no reason to alter the larger bearish outlook.

[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

British Pound Technical Outlook

2009-01-08T18:15:00.000-08:00

I wrote yesterday that “Additional upside is expected. The next resistance is former support at 1.5259. 1.5420 is calculated monthly pivot R1.

Risk can be moved to 1.48. The GBPUSD came close to 1.54 but 5 waves up from the low strongly suggest that the bulk of the move, at least in the short term, is complete. Weakness is expected down to at least 1.4980 over the course of the next several days.

[ForexGen Services]

Client Services

Customer Support
Trading Support

ForexGen Partnership

ForexGen offers three types of business partnerships.

* [Introducing Broker]
* [White Label]
* [Money Manager]

ForexGen Introducing Brokers ,White Label and Money Manager holders are recognized as a strategic business partners. The main focus of our service is to satisfy our partner's needs in order to deal with a qualified service and gain a large income sharing plan.

[ForexGen] provides appropriate services satisfying the needs of all business partner's specified situation and requirements.
The first month of the contest is scheduled to start on the 1st of December 2008. So, don’t miss your chance and register your account before that time. You can read the description of this contest model on the official FXcast website. You can also read more about FXcast Forex broker.

Euro Technical Outlook

2009-01-08T18:01:00.000-08:00

As mentioned yesterday, “due to the fact that the pair remains close to the center of a large correction, I can not be confident that 1.3310 will hold. In fact, given that a triangle or flat is probably underway, I see it as unlikely that 1.3310 holds up.”

There is a potential short term resistance line just shy of 1.40 for the next several days. A drop below 1.3310 would target support near 1.31 (former resistance) and ideally complete small wave b.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs 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.

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support.
We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus.
Let [ForexGen] prove to you that you have taken the right step by choosing our partnership.

Swiss Franc Technical Outlook

2009-01-08T17:37:00.000-08:00

The sharp drop from 1.23 is in 5 waves and probably wave A within an A-B-C correction that will end below 1.0367. The rally from 1.0367 is the B wave of that sequence and likely tests resistance from Fibonacci 1.15, eventually.

Wave b of B is underway now and I’ll look to identify an entry point to go long in order to catch wave c of B up to 1.15.

[ForexGen Introducing Brokers]

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.

WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

* Providing the most huge income sharing plan
* Providing several ways for our IB's to charge commission.
* ForexGen IB can also charge commission for each lot the traders execute.
* Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized service

[ForexGen] offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make ForexGen
incomparable to any other rival.

Australian Dollar Technical Outlook

2009-01-08T17:31:00.000-08:00

The AUDUSD has reached initial resistance from the confluence of the October 14th high / 38.2% of .9856-.6005 at .7247/56. The structure of the decline on very short term intraday charts (15 min) is promising from a bear’s perspective (decline looks impulsive).

Even if wave (2) is not complete, it is likely that the rally from .6005 would experience a sizeable retracement because it is in 3 waves (a flat with structure 3-3-5 could unfold).

[ForexGen Scalping Enabled Account]

Smart Money Flow Index

2009-01-07T15:21:00.000-08:00

The Smart Money Flow Index has long been one of the best kept secrets of Wall Street. Everybody knows the importance of a closing price and other last hour indicators like the Closing Tick, which we publish daily for free on our portal. The Smart Money Flow Index is therefore calculated by taking the action of the Dow in two time periods: the first 30 minutes and the close.

The first 30 minutes represent emotional buying, driven by greed and fear of the crowd based on good and bad news. There is also a lot of buying on market orders and short covering at the opening. Smart money waits until the end and they very often test the market before by shorting heavily just to see how the market reacts. Then they move in the big way. These heavy hitters also have the best possible information available to them and they do have the edge on all the other market participants. The Smart Money Indicator is calculated like the Advance-Decline Line. You can easily do it yourself if you don't want to pay our subscription rate of $1.50 weekly (based on a 6-month membership). Just start at any given day, subtract the price of the Dow at 10 AM from the previous day's close and add today's closing price.

The result is plotted on a chart, together with the closing price of the Dow only. Whenever the Dow makes a high which is not confirmed by the SMI there is trouble ahead . Watch the divergence around June 1998, February 2000 and September 2000. Watching this indicator is like being on a plane and see the pilots jumping off with parachutes. This indicator is suitable only for investors with a longer time horizon. Such investors should buy blue chips when the indicator gives a buy signal, and sell and sell short on a divergence.

[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.

Index Options Put/Call Ratio

2009-01-07T15:17:00.000-08:00

This indicator is calculated by dividing the weekly volume of S&P 100 call options by the weekly volume of S&P 100 put options. Big call volume appears at market tops and big put volume at bottoms. But call/put ratios of the indices like OEX and SPX are distorted and clouded by arbitrage and hedging and do therefore not always reflect true investor sentiment.

This indicator is calculated by dividing the daily or weekly volume of call options by the daily or weekly volume of put options. Big call volume appears at market tops and big put volume at bottoms. Only CBOE equity options or all CBOE options should be used for this indicator. Call/put ratios of the indices like OEX and SPX are distorted and clouded by arbitrage and hedging and do therefore not always reflect true investor sentiment. The chart below shows you the weekly call/put ratio on a 4-week moving average to smooth out the swings.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

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

Trend Indicator

2009-01-07T15:04:00.000-08:00

Why are some traders more successful than others? There are probably as many answers as there are traders out there. But you will undoubtedly agree that most of the money is being made in a trend, especially as far as options and futures are concerned. In options trading your biggest enemy by far is time. You need to have the patience and discipline to wait for a trend in the market in order to succeed on the long run.

The same rule applies to any short-term oriented trader. The Global Futures Trend Index shows you clearly when to enter the market. This index is computed by dividing the daily highs by the sum of the daily highs and lows. A 10-week moving average is applied to smooth out the swings. As long as the readings of this index stay above the 80%-level there is a solid bullish trend in progress. Any weakness should be used to go long or to buy call options, preferably of stocks which are in a clear uptrend, or stock index options.

Readings below 20 indicate a bearish trend. Strong days should be used to short stocks which are already weak, or to buy put options. As long as this indicator is in neutral territory don't do anything unless you are a savvy stockpicker, insider or a long-term value investor.

[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

Short Term Trading Index (ARMS Index or TRIN)

2009-01-07T14:58:00.000-08:00

The Short Term Trading Index was invented over 30 years ago by Richard Arms and is also known as ARMS Index. It is calculated by dividing advancing issues by declining issues and advancing volume by declining volume.

The first result is then divided by the latter and the result is the TRIN. If the index is above one, the average volume of stocks that fell on the NYSE was greater than the average volume of stocks that rose and vice versa.

But it is most confirmative when it reaches extremes. This indicator rises sharply when the market is most depressed and selling is climaxing, and falls to very low levels during buying frenzies.

[ForexGen Services]

Client Services

Customer Support
Trading Support

Are You Calmed and Relaxed When You Trade?

2009-01-06T18:32:00.000-08:00

There have been times when I made mistakes under pressure, but I don’t recall ever cracking under pressure. By that I mean I didn't panic, but I have come close. Being short soybeans when Chernobyl blew up was probably the closest. I've made huge errors in conduct - once I sat and lost $45,000 in a matter of minutes because I tried trading while teaching a student at the same time.

Lesson learned: Never trade and teach at the same time. Stay focused on one or the other. I once woke up to a margin call of $21,000+, but it turned out in my favor. I had erroneously left a 5-lot in the market overnight - thinking I was flat - the result of sloppy housekeeping.

Nevertheless, I have learned how to make trades in a relaxed, but focused way. I don't put unnecessary pressure on myself. I don’t let myself get stressed out - it’s simply too costly to do that.

I don't believe that I have to be successful on any one trade; I keep my focus on the big picture. I don't believe I need to be right. I don't try to impose my will on the market. And I definitely don't try to predict the future of price movement. The market is the market - it does what it wants to do.

What I do is to closely observe market conditions and movement, and make up a detailed plan of attack. I trade what I see, allowing the market to take me where it wants to go. I make a serious effort to stay calm and relaxed, and ready to act on whatever happens next.
Once I have a trading plan, I follow it. I do not doubt or second-guess my plan. I meditate on my plan and picture myself carrying it out successfully, before I ever enter a trade. I really believe in mental imaging as being an important activity.

I enter and exit trades without worrying about the consequences. Worrying has never helped me to trade well. Worrying is wasted energy. By staying focused, I am able to see trading opportunities more easily, and that allows me to take advantage of the opportunities when they arise.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs 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.

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support.
We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus.
Let [ForexGen] prove to you that you have taken the right step by choosing our partnership.

How Does This Affect Your Forex Trading Account?

2009-01-06T18:27:00.000-08:00

If you are long the currency bearing the higher interest rate then you should earn interest, automatically credited to your trading account. Conversely, if you are short the currency bearing the higher interest rate then you should experience a small debit to your account.

Be aware that most forex brokers require a 2% margin set for your account in order to receive interest. If not, you will have to pay for the rollover, it doesn't matter whether you are long or short the currency bearing the higher interest rate

Day Traders

For day traders, who almost never hold any overnight positions, the rollover is not applicable because there are no positions to roll, and therefore no interest is earned or paid.
Swing Traders

If you are a swing, position or long term trader, the rollover will affect your account since you'll earn or pay interest on a daily basis. Therefore, it is recommend to set your account at 2% margin and only try to long the currency bearing the higher interest rate.

A strategy for the longer term trader is the carry trade, which relies on a big interest rate differential between the two traded currencies.
For example the NZD/JPY currency cross pair.

Currently, traders earn a $13 daily rollover interest, credited to their accounts at 5PM EST while holding a long position in this pair for each standard lot(1 standard lot equals 100,000 units) traded; BUT, if you are short NDZ/JPY, your account will be debited $14/day for each standard lot traded! Interesting fact to know, isn't it?
Rollover example

If you are long 300,000 EUR/USD at rollover (5PM est) and EUR/USD at rollover is trading at 1.3200, the EUR short-term interest rate is 3.50% and the USD short-term interest rate is 5.25%

[ForexGen Introducing Brokers]

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.

WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

* Providing the most huge income sharing plan
* Providing several ways for our IB's to charge commission.
* ForexGen IB can also charge commission for each lot the traders execute.
* Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized service

[ForexGen] offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make ForexGen
incomparable to any other rival.

Limit Order and Stop Order

2009-01-06T18:20:00.000-08:00

This is an order to buy or sell a given currency at a pre specified exchange rate or better, and can be used to enter or exit trades. It “limits” the price at which you are willing to trade at. When a Buy Limit order is placed, the trade cannot be executed at a price that is higher than the specified limit price. Therefore the buy limit is placed below the current market price. It can be used to obtain a better entry price when looking to go long, or used to close out or exit an existing short position at a profit.

When a Sell Limit order is placed, the trade cannot be executed at a price that is lower than the specified limit price. Therefore the sell limit is placed above the current market price. It can be used to obtain a better entry price when looking to go short, or used to close out or exit an existing long position at a profit. When using limit orders to exit existing trading positions, long or short, it is usually associated with pre-determined trading targets.

This is also an order to buy or sell a given currency at a pre specified exchange rate and can also be used to enter or exit trades. It is activated when the specified exchange rate, in this case the stop price, is reached. This is a very useful order, in that it is placed on the opposite side of the current market price than the limit order.

When a Buy Stop order is placed, the order cannot be placed at a specified prices that is lower than the current market price. Therefore the buy stop is placed above the current market price.
In this way it can be used to enter a new long position when the price of a given currency breaks above, “a price break-out”, a certain rate or it can be used to limit a loss in an existing short position. When a Sell Stop order is placed, the order cannot be placed at a specified price that is higher than the current market price. Therefore the sell stop is placed below the current market price.

In this way it can be used to enter a new short position when the price of a given currency breaks below, “a price break-down”, a certain rate or it can be used to limit a loss in an existing long position. As briefly mentioned above the stop order can also be used to stop a loss or protect profits, when the price of a currency moves against a trading position. This is why it is also referred to as a "Stop Loss" or “Protective Stop” order.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

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

What is Margin in The Forex Trading?

2009-01-06T18:16:00.000-08:00

In forex, margin is the minimum required balance to place a trade and is a performance bond, or good faith deposit, to ensure the currency trader against trading losses or falling into a negative balance. This deposit, called margin, is typically 1% or .5% of the value of the position. The margin requirement allows traders to hold a position much larger than the account value.

For example, if you want to purchase $200,000 of EUR/USD at 200:1 leverage, the amount of money required is .5%, or $1000. The other $199,000 is collateralized with your remaining account balance. You pay no interest.
What's the relationship between margin and leverage?

Leverage and margin are direct related in the way mentioned above. The amount of leverage a forex broker gives to a trader defines the amount of margin that the client will have to commit in order to take a position in the market. For example, when leverage is 100:4, the “4” in the leverage ratio signifies the amount of capital the customer has invested of his own money, which is also known as the margin.

[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.

Profitable Forex Trading System Revealed

2009-01-06T17:55:00.000-08:00

The technique I will describe below is a great opportunity to jump in a trade. The set of rules that I describe can be used as a Forex system. I have heard many names for this technique with the most successful one called the "Pinball Trade".
It is the first system I learned and applied successfully during my long trip in Forex research. Experiment with it and see the results on your own. For now let's see how this system is applied.

When you recognize an uptrend or a downtrend in Forex charts try to create the channel that includes this trend. When the price hits the one channel line and returns to the other channel line try to see if this line coincides with a Fibonacci retracement level.
The price does not necessarily have to hit both the channel lines but the price swing has to be restricted from the channel lines.

This trade setup will give you a high opportunity that the price will reverse (76% of the time according to long term research). Take a good care to design correctly the channel lines and the Fibonacci retracement levels.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

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

Hints For Trading Forex with the Help of News

2009-01-05T18:42:00.000-08:00

Why is it important to keep a track of the economic developments of a country whose currency you are planning to buy?

Every currency represents a country in the Forex market. And therefore, the economic status of each country or nation is valued into its exchange. But with so many currencies in the market to trade for, it can get a little challenging to keep a track of every countries economic growth and development.

This is the reason why Economic Indicators are used by the traders to assess the strength of an economy they are interested in. A trader should always remain vigilant and informed about when these indicators are due for release in the market. It is also equally important to be updated on all the news releases which are to be released and can make an impact on the market.

[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

Importance of Leverage in Forex

2009-01-05T18:38:00.000-08:00

Different from Equity trading and Futures trading, Forex trading offers its traders with far more advantages and greater profits than the other financial markets and that too, in a short term.

A range of Forex trading strategies are offered to its traders, the most significant one of them all being Leverage. Forex market offers higher leverage as compared to all the major stock exchange trading markets.

With the help of Leverage, online currency traders can make use of more funds than the actual money which they deposit. Margin can be known as the least amount required to be deposited before a trader starts trading. This can also be known as the opening amount with which the Forex trading account can be initiated.

Leverage also facilitates the Forex traders to maximize their Forex trading profits. This is because with the help of Leverage, a trader can make use of as high as 200 times the actual sum which he has deposited in his Forex account.
Such a strategy allows the trader to support his superior yielding dealings easily and hence allocating improved results to his Forex trading and deals.

[ForexGen Services]

Client Services

Customer Support
Trading Support

Major Indicators

2009-01-05T18:31:00.000-08:00

Industrial Production –
It is a measure of the variation in the manufacturing of the country’s industrial units and mines in addition to a measure of their business capability and their capacity utilization, which is the number of used accessible resources amongst the various industrial units and utilities.

Producer Price Index –
The Producer Price Index or PPI calculates the price variations in the industrialized sector. It determines the average variations in selling prices received by home manufacturers in the industrializing, mining, farming, and electric service business or trade for their production.
The PPIs mainly used for fiscal study are those for refined goods, intermediary goods, and unfinished goods.

Hard Goods Orders –
Durable or Hard Goods Orders calculates any new orders which have been placed with the home producers for instant and potential delivery of durable goods.

Retail Sales –
The retail sales report measures the entire revenue of retail houses from section on behalf of all range, class and type of industries in retail business all through the nation.
Retail sales contain both hard and soft commodities sold, and services and excise taxes accompanying the trade of commodities, not including the sales taxes.

The Gross Domestic Product –
Gross Domestic Product or (GDP) measures the total of all the merchandise and services created either by home or overseas companies, showing the speed at which a nation’s wealth and market is rising or falling.

(GDP) is regarded as the most extensive indicator of monetary productivity and development of a nation.
Housing Starts –
The Housing Starts report calculates the quantity of housing units which are being initiated into construction every month, where the initiation process is predefined as the start of an excavation for the groundwork of any residential structure.

To make full use of these economic indicators in the Forex market and trading world, you should always be aware as to when each economic indicator is due to be out in the markets. Keep track of all the release dates through a calendar or keeping in touch with the agencies which will be releasing these statistics or snippets for the public.

Also, keeping a record or a watchful eye on the release dates of these economic indicators will help you build a stronger decision whether to go forward or drop the position you were planning to go with by predicting the market movements based on gut feelings.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs 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.

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support.
We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus.
Let [ForexGen] prove to you that you have taken the right step by choosing our partnership.

Economic Indicators

2009-01-05T18:12:00.000-08:00

Economic indicators can be anything, from the bits and pieces of financial and economic news, to the data published by different agencies on the statistics of government or private sector.

This data is regularly made public to help the common man keep track of the latest developments in the nation’s financial sector. Most benefited from these economic indicators are the market observers who are constantly keeping an eye on the overall economy and its effect on the market. This is the main reason why such indicators are consistently tracked by nearly everyone related to the financial markets in some way or another.

Also, this is the rationale behind the economic indicators containing great potential for creating levels and moving currency prices along with the whole markets, as so many people are expected to respond to the same data together.

[ForexGen Introducing Brokers]

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.

WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

* Providing the most huge income sharing plan
* Providing several ways for our IB's to charge commission.
* ForexGen IB can also charge commission for each lot the traders execute.
* Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized service

[ForexGen] offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make ForexGen
incomparable to any other rival.

Benefits of Currency Crossing through Forex

2009-01-05T17:52:00.000-08:00

A trader or a non trader, anyone who has a little bit knowledge about Forex trading would have surely wondered within themselves, the need for exchanging currencies. And if so, then why through Forex?

First of all, let’s talk about the need to exchange currencies or cross currencies. Let’s take the example of a businessman, who needs to conduct oversees or international deal with a supplier. Now, he needs to pay the supplier in foreign currency. What he owns for now are US dollars and what he needs to trade are Japanese yens. So, the trader would want to do so through Forex. Many investors opt for Forex to trade currencies and make a profit. At Forex, a particular currency can be bought at a low exchange price, and then, once its prices rise up, can be sold off in the market to gain profit.

When an investor or individual wants to trade one type of currency for another, it is called exchanging currency, or crossing currency. Currency crossing is the main goal of trading on the Forex.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

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

Factors in Choosing a Forex Trading Broker

2009-01-04T18:41:00.000-08:00

Before you can implement any of your Forex trading strategies, you must select an appropriate broker. However, keep in mind that not all brokers are created equal. Below are several factors to take into consideration.

Industry Experience - It's always a good idea to see how long your broker has been in business. Investigating the background of any particular firm will give you a good sense of their professionalism and that your money is not at risk unnecessarily. You should always choose a firm that is established and has a strong reputation in the industry.

Demo Account - Especially if you're a beginner, you need to familiarize yourself with the mechanics of how the broker operates. You should always use a broker that offers a free demo account so that you can test out your Forex trading system. These accounts usually come with all the research tools that are important for your Forex education. It's always an intelligent idea to test our your system, their trading platform, and your comfort level before you start Forex trading in earnest.

Forex Trading Spread - When choosing a broker, it is important to take in to consideration the spread. In Forex trading, the spread is the difference a currency is being offered to be purchased and the price it is offered to be sold. Brokers make their money on this difference. The smaller the spread, the better it is for you. It's always best to choose a brokerage that offers the smallest spread in order to maximize your currency trading strategies.

[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 Stock Brokers

2009-01-04T18:37:00.000-08:00

Forex involves brokers, which many investors directly use as a stepping-stone to avoid jeopardizing their future. Brokers however usually manage limited part of the charge account, while it is up to the capitalist or trader to handle the intermission.

Brokers commonly hobble to codes and stay up to with the trends in Forex exchange with fashions in the market, individually the Foreign Stock Markets. Brokers commonly focus on the best pips and spreads in Forex. Often the individual brings about calculate basics in low spreads, which are set up in buying or selling pips at higher stakes. The broker stays focused on revenue generated in currency pairs.

Brokers often accept this endorse for handling trader accounts. Few brokers in the stock market or Forex claim to believe on debits in a commission. You should without exception glance at the versions, advice, etc correctly before venturing into stocks.

Learning margins is important. In the Forex market, investors have common avalanche*, that they counterbalance and could rank at one hundred to one. This way the pips in the Forex market are at the minutest rate, which is 1%. This has nothing to do with the average soul considering Forex, yet experienced investors in stocks it means that the pips could rate at carelessly $10, i.e. per unit and at the rate of 100,000. Margins employ "sarong lots." The lots open volume for being, which the value in pips at one buck at units of 10,000 can adapt easily per lot at averages of one hundred to one. The pip value would still be 1 percent, yet the height of the lots is what investors' temp agency on. Still, if the fertility size flexes, it could facilitate easy admission for traders in the market to identify with indentures size based no their own payments, which could be $1 low.

Stocks, including Forex trades involve intercontinental currencies, expostulation markets, which risks are often high. The chances increase per person that joins the industry. In the market, buy and soft sell* states play a large part, yet the high and lows factor into the weight locus on buy and sell states. During this utterance, the high and lows can shift, thus the stakes could reverse, on the dot scarring the traders in the industry.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

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

Tips in Forex Stock

2009-01-04T18:33:00.000-08:00

In ending, Forex trading is a mounting business. Those of you intending to join Forex in hopes to gain, be, sure to scan open information. Having a full understanding of Forex trading can spare you clamor and aid you in buy and soft soap in Forex?

Forex rigged market works in comparison to other stock exchange markets, i.e. you must have revolving credit, which once you open an account you can start buying pairs or selling pairs in the stock market. Learn about the pairs, since it is important that you know when to buy and sell. You want to learn about bid/ask, as well as pips and spreads in Forex.

If you intend to bank in on Forex, take time to find Forex charts so that you can monitor the market. Forex cabal options often rely on EUR, USD, GBP, JPY, and other pairs of currencies. Right now, the larger currency pairs is the EUR/USD. The US dollar is currently weak, which means that Europe dollar has a greater value. To underpinning your buy on currencies, study the market and focus on the infrastructure currency and price sticker currencies. When you presuppose that the currencies EUR dollar will decline, then you would buy currencies in pairs, such as USD/EUR. Remember however that your best bid is on the EUR currently.

[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

Why you Can't Earn a Regular Income

2009-01-04T18:28:00.000-08:00

Let’s look at some positives when making money from forex trading.

Firstly, you can get the odds on your side over the longer term and secondly, you can make massive profits.

Just keep these points firmly in mind:

1. It’s an Odds Game

Being an odds game you are never certain to win, but as the skilled gambler knows if you play with the odds you may lose the odd hand but you will win longer term.

2. You cant force profits from the market

You have to wait for the right conditions to present themselves, for your trading signals to be effective – this means waiting weeks or months on some currency trading systems.

The two points discussed above mean that you can make money from forex trading, but your profits will be in erratic time frames.

In light of the above keep this point in mind:

It is not un-common for the top traders in the world to go for months or more than a year or more, without making a profit. When you trade currencies you need to judge your profitability over years, not months or weeks.

Many vendors put about the myth you can make regular profits from forex trading, as it suits their interest – to appeal to the buyer’s greed, these guys simply sell stories and are not traders.

If you don’t believe me ask for a track record of real profits and you won’t get one.

So forget about scientific theories and making profits every week that’s not the reality of forex trading.

[ForexGen Services]

Client Services

Customer Support
Trading Support

Basics of Trading the Forex Market: FX Terminology

2009-01-04T18:21:00.000-08:00

All transactions are based in pairs, buying one and selling another. The first currency quoted is called the base currency, while the second one quoted is called the quote currency. As an example, here is a typical currency quote: EUR/USD 1.5280

In this example, the base currency (EUR) is the Euro Dollar and the quote currency (USD) is the US Dollar.

So, using this example (if you were buying), the quote of 1.5280 means that you would have to pay 1.5820 US Dollars to buy 1 Euro Dollar. Conversely, if you were selling, you would receive 1.5280 US Dollars for each Euro Dollar you sold.

Spread

This is also called the bid/ask spread. This is the price difference between what a currency pair is being bought and sold forÖor a difference between the bid and offer price.

The bid is the price at which the Forex market maker is willing to buy the base currency in exchange for the counter currency. On the other hand, the ask price is the price at which the forex market maker is willing to sell the base currency in exchange for the counter currency.

Remember that all trades involve the simultaneous purchase of one currency and the sale of another.

Spreads will vary from pairings to pairings. This spread is where your broker will make their money. Every time you make a trade, they make the spread. This is why they charge no commission ñ because there is no need for it.

Depending on the broker and the pairings, you will find spreads from as little as 1-3 pips -- the smaller the spread, the better off you will be.

For example, a broker may have a 2 pip spread for the EUR/USD pairing, which means that a typical bid/ask quote would look something like this: Bid: 1.5280 Ask: 1.5282

Using that example, if you were to buy, you would be buying at 1.5282 and if you were to sell, you would be selling at 1.5280

When you buy a pair, you have the expectation that the base currency will do better than the quote currency. For example, let's assume that we have done our homework using our technical and fundamental analysis and feel that the US economy is headed for a recession and that the Euro Dollar is going to gain value over the US Dollar. We see the quote: EUR/USD - Bid: 1.5280 Ask: 1.5282 We are confident about our analysis so we buy (at 1.5282) and watch the trade take place. We get news that the US Fed chairman has made some public statements that he is worried about the US economy and could be headed towards a slight recession. We look again and the quote is now: EUR/USD - Bid: 1.5300 Ask: 1. 5302 and decide we are going to take our profits and sell our Euros, now receiving 1.5300 Euros, making a profit of 18 pips on that trade.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs 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.

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support.
We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus.
Let [ForexGen] prove to you that you have taken the right step by choosing our partnership.

The Online Forex Trading Broker System Explained

2009-01-01T18:05:00.000-08:00

Some brokers are highly popular people to their clients, but there are those that are not. Brokers may work for insurance companies, real state, and even companies which provide trading systems. They are well known people which many individuals can rely on whenever that would need help of some kind. But a broker system is different.

The Online forex trading broker system has a principal function of providing clients with trading platforms. Trading platform is known as the place to trade. There are also forex broker systems that offer training and programs which teach clients to invest money and how forex trading is being done.
The trainings provided by these broker systems help a lot of trade investors to lessen risks while maximizing profits. Investors can benefit a lot from these broker systems because they may also be able to accept forex advice, assistance, education, currency analysis, stock, and the future market. Some also provide trading ideas and daily picks from newsletters.

The ultimate objetctive of most forex broker systems is to make an investor successful. And this can only be accomplished with a system having experienced professional teachers and advisors who are able to give directional orientation and forex training.
Newbies of the trade should be acquainted with the fact that forex trading is a high risk investment. The currency market offers a lot of opportunity to gain huge amounts of profits but at the same time coupled with a lot of risks. Currency trading can give you a fortune in minutes, days and hours. But the sad truth is that it can also be lost just at the same time.

Currency speculation is not a simple task to do, and this is why traders should not forget to learn the trade first before making any real trade. An intensive forex trading course can help you learn all the in and outs of trading. The pros can provide you the needed learning experience before entering the real world of forex.

You can find an extensive forex trading course for a reasonable cost either online or in a traditional class. Look around, or you can ask around for a good trading course available.
Many broker systems also offer additional services to draw the attention of prospects and clients. Forex is considered as a complex game, which is why you need a forex broker system.
Get scrolling alerts and news for the typical currency trader. Federal Reserve’s decision about the interest rate is also important for traders, and a broker system is just the perfect place to find it. Professional traders often write newsletters that can be of great use by other forex traders, which will be able to find there information about technical and fundamental analysis. Set up alerts are sometimes provided to give traders certain ideas for them to make more money.

[ForexGen Introducing Brokers]

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.

WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

* Providing the most huge income sharing plan
* Providing several ways for our IB's to charge commission.
* ForexGen IB can also charge commission for each lot the traders execute.
* Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized service

[ForexGen] offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make ForexGen
incomparable to any other rival.

The Importance of a Good Investment Program on Forex Trading

2009-01-01T18:01:00.000-08:00

Have you ever thought about doing a trade globally? Some people might be a bit hesitant to do such a thing, but the opportunity is just waiting for you out there. You don’t actually have to travel outside your country, if that’s your concern. With the the Internet facility, you can in fact do forex trading on a global scale even in your own home, at work, and regardless of your location.
The FX market seems sophisticated, especially to new traders, and they find it rather complicated to go about the trade. But nothing is impossible once you’ve learned the trade. It is a worthwhile venture that you might want to consider even on a tight office schedule.
Being employed in a particular company may not provide you with all the money that you would need to finance your everyday living. Doing some extra work is often advisable specially in today’s times when money is difficult to find. Don´t worry anymore; the FX market is not far from your reach.

Identify your objective upon entering the FX market. This is the first step, so that you will stay focused in your endeavor. Once you’ve set up a goal, you have to do all that is necessary to reach that goal, but it should be in a reasonable manner.
In going through forex trading, you will need an investment program, and a good one. Don’t settle for anything less because a good program is essential to succeed in forex trading.
Most rookies commit the biggest mistake of their lives by availing fraudulent programs. The FX market is an enormous industry, and the fact is that there are many scams and con artists in the Internet, which actually provide useless materials for beginners. This often leads to frustrations of beginners because they’ve already failed even before they get to start the actual trade.

Find a legitimate forex investment program. Although it might require a bit more research, as well as a bit of your time, once you get what you’re looking for, you’re in a good position to start.
You don’t need to settle with expensive programs, nor with programs promising easy and quick profits with less the risk. You must be aware that though the FX market offers a lot of opportunities, it has also a lot of risks related. To become like the pros, you need to learn the forex trading system; and you have to be serious in learning it.
A good program is dynamic. It provides daily advice, manuals, DVD materials, computer disks, and other important forex trading stuffs or resources to turn you into a successful trader. Verify if their previous clients are satisfied with their services, and see if the company has built a good reputation in the business.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

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

Time to Evaluate the Possibility of a Change of Trend

2009-01-01T17:55:00.000-08:00

Quite a number of shrewd American investors have been buying foreign stock these last couple of years, and made good returns in the process. It was a good decision, especially since the dollar started to fall and fall.

Of course, nothing lasts forever, and there is a whiff in the air of a change in the attitude towards the dollar. This is not without some reason albeit, that many think it is nonsensical to consider that the dollar should begin to appreciate.

The malaise with which USA has been dogged for some time now, is starting to reach the shores of other countries, notably Europe. It was inevitable that the problems of USA would affect others. The position of interest rates, falling house prices, the lot.

These consequences might be beneficial for the dollar, and those shrewd American investors may well decide to cut back on their investments abroad, and return to their currency with a profit while they can, because a rising dollar value would cut into their profit. This may be just one reason of several, to start a reversal trend.

For one thing, the British pound in particular, has been valued too highly, and whatever injections of support it has been getting, cannot last forever. Also, the high position of the euro is not easy to live with much longer.

It is well known that many factors have pointed to dollar weakness, and there are numerous people who will think the currency must weaken again in the long run.

It would certainly be nothing new, to see things turn out in a manner contrary to the book. The foreign currency game is prone to surprises. However, there are times when surprises, when put under the microscope, are in fact events which should have been seen as very real possibilities. Those, with that little extra foresight, may well be tempted and step in early by siding with the dollar.

So, is this the moment when the gamble might pay off and the dollar appreciation start?
Everybody would like to know the definite answer to that, and the best way may be is to ask the question whether the dollar has reached the bottom.

This is the point where the gambling bit comes in. The answer is not too easy this time. The prize is certainly a big one, because if caught at the right time, the dollar might earn big money. However, if caught wrongly, how much more could it fall?

[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.

Knowing Some Words Used in Electronic Money Transfers

2009-01-01T17:51:00.000-08:00

Electronic money transfers are not only used in connection with foreign currency exchange payments, but in a host of other payments especially when larger amounts are involved such as property, cars, boats, in fact anything.

Nowadays, EUROPEAN CROSS BORDER PAYMENTS are made easier for the parties to send, thanks to the use of IBAN which means International Bank Account Number for short.

IBAN is a bank code which identifies the account number and additional characters,
thus avoiding possible mistakes..

It must be noted however, that its validation is no guarantee that the account number or bank code is correct or that it exists.

It is the responsibility of the account owner to notify their IBAN to the party they wish to deal with.

The IBAN is given for the account by the bank serving that account, and should only be taken from that bank. It prevents getting possible incorrect IBAN details, as this can cause delay in receiving payment. Nobody wants any delays when making foreign currency exchange payments.

Companies dealing with international money transfers are very exact and are eager to change one currency against the other as fast as they possibly can, to complete the deal and show their clients how smoothly and quickly they perform.

The bank identification code BIC is another abbreviation, which you will come across.

BIC is a way of being able to identify financial institutions so that the process of telecommunication in financial institutions/banks is facilitated.

In order to make a payment, it is required to quote the IBAN and BIC. The use of IBAN became compulsory since July 2003.

Most people have heard of the abbreviation SWIFT, which stands for Society for Worldwide Interbank Financial Telecommunication

SWIFT is a global provider of secure financial messaging service. It is this service that foreign currency exchange companies use to move the money bank to bank. It is also the same service constantly used to move millions of pounds and other currencies by countless other financial institutions. It is fast and safe.

CHAPS or in short The Clearing House Automated Payment System is an electronic same day value payment in sterling, and within the United Kingdom.

It is to be remembered that banks make a charge for the electronic payment transfers.
In contrast, almost all foreign currency exchange companies do not make a charge for outward electronic payment transfers.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

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

The Essence Of Online Trading

2009-01-01T17:45:00.000-08:00

Many today prefer to buy stocks online because they don't have the time to get involved in trading decisions during the day and want to take decisions only when they are free, that might even be at midnight. Also online trading service providers offer the individual a whole wealth of information to analyze and internalize before making the investment. Further the commission that these service providers charge on each transaction is much less than what on-floor brokers do. So the investor earns a lot more on every transaction.

While trading online, there are a few things that you should be careful about. We will try here to provide you with some basic indicators.

You must understand that however fast your internet connection is, and whatever software and hardware you are using there will be some time lag between the time you click to place your order and the actual time when your order gets processed and registered. This time lag, depending on how long it is can seriously alter your final gains or losses. What you can do is to see the time-lag is kept to a minimum. That would be possible if you have the best set-up in place and your trading firm provides its subscribers with the best service.

You must get real time updates and stock quotes from your service provider. If it is delayed then you will be placing orders for rates which are long history. And then it will take further time to process your order. What you will finally get is something a lot different from what you were expecting. So the feeds have to be live and real time. There can be no two-ways about it.

to be successful in the field of stocks one is required to have some primary knowledge as to what is what and investing on something will yield how much result. In this article we will briefly try to explain a few fundamental things that any investor on the stock markets should know. And since you will be investing online and there will be no guide for you, knowing these basics will definitely stand you in good stead.

As online trading get increasingly easy many investors drop their guard. That is criminal. You just cannot take it easy on the net. There are a few simple things you should practice while investing on the net like always have all you transactions confirmed by your online brokerage firm, never trade from unprotected computers, regularly update the security features of the software of your computer, never provide your account information to anyone, etc

[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

Risk-Reward Ratio in Forex Trading

2008-12-30T17:24:00.000-08:00

From the very beginning of your forex career a term Risk/Reward Ratio will be an important part of your trading strategy. The realization that every single trade you make contains a certain degree of risk will defend you from uncontrollable fears and panic attacks during the trading hours. This is when the risk management comes in handy.

The best known way to figure out the risk you take is to calculate the risk-reward ratio. What is this ratio and how is it determined?

Risk
First thing to do when calculating the risk-reward ratio is to figure out the risk itself. This can be done by analyzing the total sum of money needed to enter the trade. The actual amount of money at risk is calculated by the following formula:

the price of the selected currency multiplied times the amount of lots

Reward
The reward is of course closely related to the profits you hope t make from the price movements.

[ForexGen Services]

Client Services

Customer Support
Trading Support

Trading in the Forex Requires Some Caution

2008-12-30T17:20:00.000-08:00

Whether it is in the millions or thousands, trading in the Forex is a bit risky. There are a lot of players involved and if you don’t arm yourself properly with knowledge about the Forex you may just get swamped.

The Forex is the largest, most vibrant market in the whole wide world. The financial world has never had a market that involves so much transaction.
Over a trillion dollars worth of different currencies exchange hands everyday. Some lose in the trade, while some hit the jackpot and make tons of money.
The Forex is characterized by its unpredictability and the liquidity because it deals with foreign currencies and each one's value influenced by their own country.
That's why anyone who is greatly considering joining the Forex trade should think twice, thrice and maybe even ten times before doing so. This is not an arena for the weak and nervous.
The Forex is a very complex financial arena and only those with enough knowledge, experience and financial capability can join the foray.

Managing the risk factors is a priority task for those professionals who do this everyday. They direct and manage accounts from their investors, full confidence is placed on them and their client's success is also their success.
Some professional Forex brokers have placed high value on their credibility. The more clients they have, the more they earn as well. They make a profit by eating a slice of their client's profit. If they have made a name for themselves in the Forex trade, they don’t need to go look for clients; the clients will look for them and invest.
There are those, however, who want to manage their own portfolios. A word of caution though -- educate yourself first about the trade.

Learn the ropes and tricks of the game before throwing your hat in the ring. Try to gain access to many self-learn and self-study websites that can impart their knowledge with you.
Try out the website of the Federal Commodities Futures Trading Commission (CFTC), there they offer consumer reports as well as articles about applicable laws in Forex trading.
Many Forex management firms maintain a website that offers free online tutorials and brochures. You may need all the educational information about the Forex that you can get your hands on.
They may not outright say it, but the best and the finest and most skilled Forex traders have learned all the secrets of the game. From trading signals technical indicators, and theories that could explain about the market behavior.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs 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.

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support.
We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus.
Let [ForexGen] prove to you that you have taken the right step by choosing our partnership.

How Currencies are Traded in the FOREX Market

2008-12-30T17:16:00.000-08:00

Currencies are traded in dollar amounts called “lots”. At 100:1 leverage, one lot is equal to $1000 which controls $100,000 of a given currency. This leverage is known as “margin” and some brokers will allow traders even higher leverage than 100:1. This superhigh leverage is one of the reasons that Forex trading has become so popular.

Currencies are always traded in pairs. Each pair has unique notation that expresses which currencies are being traded.
The symbol for a currency pair will always be in the form ABC/XYZ. ABC/XYZ is not a real currency pair, just an example of how currency pairs are stated in the market. I
n this particular example, ABC is the symbol for one country’s currency and XYZ is the symbol for another country’s currency.

Listed below are some common symbols used. There are symbols for other currencies as well, but these are the most commonly traded ones.

USD - The US Dollar
EUR - The currency of the European Union "EURO"
GBP - The British Pound
JPN - The Japanese Yen
CHF - The Swiss Franc
AUD - The Australian Dollar
CAD - The Canadian Dollar

[ForexGen Introducing Brokers]

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.

WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

* Providing the most huge income sharing plan
* Providing several ways for our IB's to charge commission.
* ForexGen IB can also charge commission for each lot the traders execute.
* Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized service

[ForexGen] offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make ForexGen
incomparable to any other rival.

What Would You Rather Do

2008-12-30T17:10:00.000-08:00

Read About Someone Else's Forex Success or Experience Your Own

You can draw some useful parallels between running a business and Forex trading. For instance, most successful businesses keep statistics on everything from their conversion rate, to their average dollar sale, to the number of people that come in the door.
Businesses do this to keep on top of how they are doing on a day-to-day basis and businesses must first take score before beginning to improve on that score.

Using a Forex back testing plan in your trading works exactly the same way.
Now that you're looking at Forex trading as a business, you need to learn some valuable statistics about your system so you can improve it's performance.

You would use a Forex back-testing method. You can't improve your system unless you have something to measure it against. How could you expect to improve your trading unless you knew what it was you were looking to improve? You can discover these measurements and other valuable information about your trading system, by using a Forex back testing plan.
There are two ways that you can use a Forex back testing plan to back test a system.
You can do it manually, which can be a drawn-out and labour-intensive process, or you can do it with the aid of some software packages.

Unfortunately, I recommend you do it by hand when you first start out. You'll get a much better feel for your system, and you'll understand exactly how using a Forex back testing plan works in all its intricacies.
Once you have the Forex back testing plan and the in-depth knowledge, you could look at finding a software package that does it for you.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

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

Trying Forex Trading with the Best Strategy and Approach

2008-12-30T17:05:00.000-08:00

With the way things are today, more people are getting interested in investing their dollars to make them grow faster. The problem is, not too many people are willing to take the risk of investing it, so they just let their money rut in banks.
Not that there's anything wrong with banks' it's just that they have low rates and the money takes a long time to grow.

If you want real money, you have to have the guts to risk it. Making money takes money; risks are always involved if you want to have money fast and big.
One of the largest arenas where you can invest is Forex (Foreign Exchange).
Forex trading is regarded as the largest financial forum in the world with an estimated 3.1 trillion dollars of volume everyday.

Forex trading is open 24 hours and never sleeps. Transactions are done all over the world via telephones and computers, money exchanges hand in the number of millions in just mere seconds.
Forex trading is composed of thousands of banks and individual Forex trading companies that monitor development all over the world, developments that may influence the value of their currency.

Forex trading deals with the exchange of currencies from different countries. The idea is to determine the rise and fall of the value of a certain currency and trade when it is deemed advisable.

[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.

Choppy Markets Cloud A Potentially Strong GBPUSD Range

2008-12-29T18:05:00.000-08:00

Fundamental forecasts and technical price patterns are rarely clean and clear for any market. For recent GBPUSD congestion, this reality leaves the pair on the edge of a potentially lucrative range setup or major breakdown.

Why Would GBPUSD Hold a Range?

· Levels to Watch:
-Range Top: 1.5725 (Fib, Swing High)
-Range Bottom: 1.4360 (Trend, Fib, SMA)

The markets are still very thin; and developing new, major trends will be exceptionally difficult without a deep market to feed momentum and keep opposing market forces inundated. On the other hand, the week fundamentals between the US and UK as well as the inequality for interest rate expectations will make for a strong current to for recharging a dominant theme and trend. Event risk is also a consideration that should be accounted for.

·Looking at the long-term GBPUSD chart, it is hard to miss the dominant trend that has developed for the past 14 months. However, it is very difficult to extend an already exhausted trend in illiquid markets. Therefore, we are left to wonder whether this pair is developing an imprecise triple bottom or pushing the next leg of a major bear trend.

Suggested Strategy

· Long: Half sized entry orders will be set at 1.4480 – above spot.

· Stop: An initial stop at 1.4360 is wide enough to cover a tail on a triple bottom in thin markets. To secure profit, move the stop on the second lot to breakeven when the first target hits.

· Target: The first objective equals risk (120) at 1.4600. The second target will be 1.4800.

Trading Tip – Fundamental forecasts and technical price patterns are rarely clean and clear for any market. For recent GBPUSD congestion, this reality leaves the pair on the edge of a potentially lucrative range setup or major breakdown. Regardless of what happens though, this setup is very risky. Those that are risk adverse should stay clear; and even aggressive traders should approach this cautiously and with a sound setup. Looking at price action into the US session close, we can see that GBPUSD has already closed below the early December low to a six and a half year low. However, history shows us that it is very difficult for a market to revive a move that is already pushing an extreme under normal conditions. When liquidity is as thin as it is during the turn of the New Year, it becomes exponentially more difficult to define a new leg of a major trend. At the same time, such conditions also make for choppy and imprecise markets. Therefore, we are approaching this setup with an entry that looks for confirmation of a reversal, half-sized positions and wide stops - all to lower risk. Furthermore, we will cancel all open orders by Thursday or should spot hit 1.4325 before we are entered.

Event Risk UK And US

UK – Scheduled event risk is significant for the pound, but not until Friday. On the other hand, it is important to look at the broader context in the fundamental drive behind this currency and economy. The United Kingdom is one of the view major nations that can rival the US for depressed forecasts in its growth and financial markets. The housing and consumer sectors in the UK is projected to see far worse times ahead of it thanks to the imbalance in the credit markets and the momentum behind one of the worst global recessions in decades. What’s more, interest rates (a primary gauge for expected returns from assets) still has considerable room to fall in the island nation – and fall they will. This provides the pound with a general bearish tone; but the economic docket will also have its influence later in the week. On Friday, the calendar fills out with credit, housing and manufacturing data that will be essential to discounting next week’s BoE rate decision.

US – The ebb and flow in dollar interest that is based on the concept of the US as a safe haven has certainly tempered with the global drop in liquidity. However, in its place comes the primary fundamental forecasts for growth and financial health that were previously relegated to the back burner when panic was diverting capital to Treasuries. This outlook is certainly bleak. On the other hand, the market has certainly made the effort to discount such concerns. To try and unbalance these long-term considerations, economic indicators may have their way with price action over the coming days. Tomorrow, the lagging S&P/Case-Shiller housing sector inflation gauge will reaffirm what other indicators have already established, but a December consumer sentiment gauge will offer a better angle.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

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

Once World's Smoggiest, Mexico City Cuts Pollution

2008-12-28T19:06:00.000-08:00

Contaminated capital reclaims air quality: Mexico City offers model for slashing pollution

Gabriela Escalante stalks the rumbling streets alongside newspaper, peanut and candy vendors, wading deep into traffic at red lights across town.
Her eyes are fixed on tailpipes.
A member of Mexico City's "ecoguarda," or environmental police, she and some 50 colleagues are on the lookout for white clouds of toxic exhaust, stopping hundreds of offending motorists each day, issuing $100 fines and confiscating license plates -- a small but urgent army fighting the capital's infamous air pollution.

"We detect, we detain and we fine," said Escalante, 27. "This is the air we all breathe."
Not long ago, air in this throbbing capital was so bad that cyclists wore surgical masks. Birds fell dead in mid-flight, and children used brown crayons to draw the sky. Ozone exceeded safe levels on 97 percent of days in the year.
But the metropolis ranked the world's most polluted by a 1992 U.N. report has since slashed some of its worst emissions by more than three-quarters and has become a model for improving urban air quality.

Capitals such as Beijing, Cairo, New Delhi and Lima are now more contaminated, according to the World Bank, while air in at least 30 other cities contains more toxic particles, including Barcelona and Prague.
When Latin American leaders met here last month to discuss the environment, many looked to Mexico as an example of progress, said Sergio Jellinek, a World Bank spokesman who attended the forum.
Still, a nagging cloud of ozone has been harder to reduce -- a sign of the secondary air pollution problems that cities can expect even after cutting their most visible contaminants.

With the onset of winter, the worst time of year for pollution, Mexico City has said it plans to spend $3 billion by 2012 to expand public transit and further slash emissions.
"There has been a large improvement, and it's important to show it could be done," said Mario Molina, a Nobel Prize-winning Mexican chemist now advising President-elect Barack Obama's transition team on environmental issues. "But there's still a long way to go to get really satisfactory air."
Ringed by volcanoes and nearly a half-mile higher than Denver, the city's geography and population make it a "perfect factory" for pollution, said Adrian Fernandez, head of the National Institute of Ecology, Mexico's version of the EPA.

In thin air at over 7,300 feet, fuel burns less efficiently, releasing more unused particles. Breathing deeper to fill their lungs, people inhale more toxins.
High-altitude sunshine speeds the chemical reactions that transform emissions into a lethal stew of smog. That brown cloud blankets the city, lowering temperatures cool and trapping pollutants on the ground.
"What you have is a casserole dish with a lid on top," said Armando Retama, a chemist at the city's Environment Department.

Mexico City and its sprawling suburbs swelled from 3 million people in 1950 to more than 20 million today, making it the world's second-biggest urban area after Tokyo. Economic growth kept pace, boosting energy consumption and flooding the roads with more than 4 million vehicles.
Traffic is so clogged that average speeds have dipped to 13 mph, the Environment Department says. Even with today's cleaner cars, experts agree that 70 to 80 percent of emissions are vehicle-related.

The fumes inspired the novelist Carlos Fuentes to rename his toxic capital "Makesicko City" -- and it does make people sick.
Studies show the air irritates the eyes, nose and throat and worsens asthma, allergies, colds, coughs, bronchitis and the flu, while increasing infant deaths and overall mortality. Long-term exposure was found to impair one's sense of smell and to decrease the size and strength of children's lungs.
Mexico has been fighting the haze for decades, passing its first anti-pollution bill in 1971, a year after the U.S. formed the EPA. But enforcement lagged -- until the record smog of the early 1990s.

Learning from Los Angeles' air cleanup, Mexico got to work changing technology and laws. Unleaded gasoline was introduced, catalytic converters were required on new cars, a major refinery was closed and power plants were pushed to switch from oil to natural gas. Factories moved away, decentralizing some of the clog.
The city began emissions tests in 1989 in a landmark program that banned old and failing cars from the road one day a week. Emulated in Beijing, Bogota, Seoul, Santiago, Sao Paulo and elsewhere, Mexico's program now idles at least 320,000 cars a week.
In their first democratic vote for mayor, residents in 1997 elected the green-friendly Democratic Revolution Party, which has since dominated city politics. The capital now vows to slash greenhouse gases 12 percent by 2020 and champions public transit, which accounts for 82.5 percent of trips taken each day.

Data from the city's 36 air-quality monitoring stations show lead levels down 95 percent since 1990, while sulfur dioxide has fallen 86 percent, carbon monoxide 74 percent, and peak ozone levels 57 percent since 1991.
Still, when chemist Retama pulls a filter from an air collector at a rooftop station, the fine screen is covered with a gray film.
"This is what people are breathing into their lungs," he said.

Mexico's federal government still subsidizes gasoline, even as its sagging state oil monopoly delays introducing ultra-low-sulfur fuel. Most trucks and buses are exempt from emissions tests, and a flood of dirty used cars is set to cross the border from the U.S. when NAFTA restrictions expire in January.
Peak ozone levels still exceed the recommended limit on more than half the days in the year.
On the streets, drivers pulled over for polluting often plead poverty, saying they can't afford to fix their cars.

But in a dusty trailer at ecoguarda headquarters, where shelves bulge with 30,000 confiscated license plates, sympathy is short.
"Anyone who has a car should be responsible for keeping it in good condition," said Alejandro Lopez Carrillo, former head of the unit, who himself is banned from driving his over-the-hill 1998 Lincoln on Fridays.
"I want to have a better world, with better air for our families and futures."

[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:
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" 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.

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1. All participants that manages to open at least 20 lots will be awarded a Live Account with $50 credit
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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

Announcing New Type of Forex Traders Competition

2008-12-24T19:40:00.000-08:00

Announcing a new type of the Forex trader’s competition today — the Hall of Fame type of competition. You don’t need to open some special account for it or pay for entering the competition. The contest is judged upon the monthly performance of your real trade account. The performance is denominated in the percentage to your monthly starting account and will only include your actual trading results. This way you can win the real prizes using even your starting $10 real Forex account.

The prizes are quite nice for a free monthly competition. The first prize is $3,000, while the second is $1,500 and the third one is $500. The prizes are paid to the traders accounts, but are not withdrawable. Of course, they can be used to trade and the earned profit can be withdrawn by the trader. The prize money will be deducted from the trader’s balance after a month being in his trading capital.

[ForexGen Services]

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Forex Scalping Trading Systems

2008-12-23T19:35:00.000-08:00

Forex Trading in many ways is quite a lot like not only other types of trading but also any other type of activity where you put money in expecting to get some out. Things like sports betting and poker playing are very similar to Forex Trading in as much as the actual movement of money is concerned. Because all of these types of money making endeavors involve putting money in to get hopefully more money out there are strategies that can be learned and taught in order to make this type of thing easier to do. These strategies are usually referred to as systems and when you are dealing with a Forex Market, there are any numbers of systems that you can apply to it. One large category of systems is known as scalping and this article explains exactly what that means.

Forex Scalping Trading Systems

Scalping is a term that is used in a number of different types of trading and it means virtually the same thing in each circumstance that it is used. Forex trading revolves around following pip changes in the currency pairs and capitalizing on those pip changes in order to make money. Pip changes are usually occurring in the thousandths decimal place which is why it is necessary to trade huge amounts of currency in order to make any amount of money. Forex scalping trading systems revolve around the principle that a larger number of smaller trades are a sounder method to use than the normal long term day trades that many people utilize. Forex scalpers will only try to make 5-15 pips per trade and initiate many more trades each day as opposed to trying to make 40-50 pips per trade with a smaller amount of trades in a day.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs 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.

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support.
We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus.
Let [ForexGen] prove to you that you have taken the right step by choosing our partnership.

Bonds Fall After $92B in Auctions

2008-12-22T19:39:00.000-08:00

Government bonds fell Monday for the second straight session after the Treasury Department auctioned off $92 billion in debt.
Treasury sold a record $38 billion in an auction of 2-year notes and a combined $54 billion in 3-month and 6-month bills as the government attempts to finance its ever-growing debt. The Treasury last week promised $13.4 billion to the U.S. auto industry, using up the last of the first $350 billion Congress allotted to rescue the financial markets.
Growing supply continues to meet high investor demand for government bonds. With the stock and commodities markets plunging this year, investors have placed their funds in Treasurys with the hope that the securities will serve as a safe-haven investment. As a result, bonds have performed very well this year, despite a volatile economy and financial markets.

"There continues to be good demand for Treasurys," said Andrew Brenner, senior vice president at MF Global. "That will continue until at least after the first quarter of 2009, when we start to see sustained improvement in the stock market and in the economy."
As a result, the auctions were met with high interest, even with another $28 billion to be auctioned in 5-year debt on Tuesday. Bond investors didn't seem to mind ultra-low yields, with the 3-month bill yielding less than 0.01% in the auction. The 2-year bill had a median yield of just 0.83% in the auction, the first time it registered a yield below 1% since the Treasury began keeping records in 1976.
"This may be the first auction since the Eisenhower administration with a coupon below 1%," Brenner said. "Still, the auction gained a reasonable level of support."

Bonds fell slightly Monday, as they were lightly traded with many traders on holiday vacation. Such light trading may continue through the rest of the year, which means bonds may show only slight movements - regardless of the size or success of future auctions - until January.
"This is typically a very slow time of the year, and volumes are off dramatically today, running 30% below normal," Brenner said. "That means there's not a lot of people to put the money to work."
Bonds fall: The 10-year note dipped 3/32 to 114-11/32, and its yield rose to 2.14% from 2.13% from Friday. Bond prices and yields move in opposite directions.
The 30-year long bond dropped 1-3/32 to 139-6/32, and yielded 2.59%, up from 2.56%.

The 2-year note fell 4/32 to 100-28/32, and its yield rose to 0.81% from 0.75%.
The yield on the 3-month note fell to 0.02% from 0.03%, and has been hovering around 0% for more than a week. Yields near the zero mark on short-term bills are an indication that investors are completely risk-averse, prioritizing safety above profit.
Lending rates remain low: Meanwhile, lending rates between banks remained near record low levels.

Libor, the London Interbank Offered Rate, is a daily average of what 16 different banks charge other banks to lend money in London, and is used to calculate adjustable-rate mortgages. More than $350 trillion in assets are tied to Libor.
Two market gauges showed confidence edging higher.
The "TED spread" narrowed to 1.45 percentage points from 1.48 percentage points Thursday. The TED spread measures the difference between the 3-month Libor and the 3-month Treasury bill, and is a key indicator of risk. The higher the spread, the more unwilling investors are to take risks.

Another indicator, the Libor-OIS spread, fell to 1.24 percentage points from 1.29 percentage points as the Overnight Index Swap rate plummeted to 0.17% from an opening level of 0.32% Tuesday.
The Libor-OIS spread measures how much cash is available for lending between banks, and is used for determining lending rates. The bigger the spread, the less cash is available for lending.

[ForexGen Introducing Brokers]

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.

WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

* Providing the most huge income sharing plan
* Providing several ways for our IB's to charge commission.
* ForexGen IB can also charge commission for each lot the traders execute.
* Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized service

[ForexGen] offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make ForexGen
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Dollar Recovers Further as Bailout Announced

2008-12-21T19:40:00.000-08:00

Dollar bounces back, recouping some of week's huge losses, as Detroit gets emergency loans

The dollar continued to surge higher against the euro Friday, recovering some of this week's steep losses as the U.S. government announced a $17.4 billion bailout plan for Detroit.
The 15-nation euro plummeted more than 4 cents to $1.3887 in late New York trading Friday from $1.4313 late Thursday. The euro peaked at $1.4719 early Thursday morning, its highest point against the dollar since September, and has dropped 5.7 percent since then. Last Friday, the buck was worth $1.3371 against the euro.
The dollar got steamrolled after the Federal Reserve cut rates to a range from 0 to 0.25 percent on Tuesday and announced it would take other, unprecedented moves to inject liquidity into markets and jumpstart lending. The dollar started to recover Thursday, however, and the U.S. government's announcement of $17.4 billion in emergency loans for Chrysler LLC and General Motors Corp. now and early next year helped tug it up further as equities gained.

The ECB also said Thursday that it would increase the interest rate it charged banks to borrow from the ECB, while lowering the rate paid on deposits parked within the bank. The changes would take effect Jan. 21 after the ECB's next meeting Jan. 15, when the refinancing rate could change.
While the ECB did not detail the reasons for the moves Thursday, officials at the bank recently said they were considering measures to encourage financial institutions to lend more to one another.
Interbank lending has all but stopped in recent months as bank failures and credit defaults caused lenders to hoard their cash.

The moves could effectively increase the money supply, which, like cutting rates, can weaken a currency.
The ECB still has one of the highest key interest rates of the majors at 2.5 percent. The Bank of England is likely to ease further from its 57-year low of 2 percent as Britain struggles with a collapse in housing, a shaky financial sector and unemployment nearing 2 million people.
The pound slid to $1.4859 from $1.5070 late Thursday, and is circling parity with the euro at 1.0716 euro.

The Bank of Japan cut its interest rate 0.1 percent on Friday, partly due to the yen's recent surge to 13-year highs, said Gov. Shirakawa. A strong yen hurts the country's major exporters, raising the prices of Japanese autos and electronics for overseas consumers.
The dollar inched up to 89.45 Japanese yen from 89.42 yen. On Wednesday, the dollar bottomed at 87.11 yen, a 13-year low.
In other late trading, the dollar rose to 1.1073 Swiss francs from 1.0754 francs late Thursday, and edged up to 1.2221 Canadian dollars from 1.1997.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

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

Dollar Rises Amid Economic Jitters

2008-12-18T20:44:00.000-08:00

The U.S. dollar gained strength against major currencies Thursday as economic worries about the state of the global economy persisted and the number of U.S. workers filing for first-time unemployment benefits fell more than expected.
The yen retreated from the 13-year high it reached against the dollar Wednesday ahead of an interest rate decision from the Bank of Japan. The Japanese currency fell against the dollar Thursday, increasing to ¥89.43 from ¥87.23 late Wednesday.

At 0.3%, Japan has the second-lowest rate among the world's major economies and investors were taking a step back ahead of Friday's announcement.
The 15-nation euro fell nearly two cents to $1.4243 from $1.4418.

The European Central Bank's next meeting is set for January, and investors are watching to see whether the bank will keep its rate firm after slashing it to 2.5% earlier this month.
The British pound dropped more than five cents to $1.5011 Thursday from $1.5534.
Currently, the Bank of England's rate remains at 2%, the lowest in the bank's history, and policymakers are slated to meet in January to discuss the rate.

Economy

The number of Americans filing for first-time unemployment benefits fell more than expected last week, according to a government report released Thursday. Initial filings for state jobless benefits fell to 554,000 for the week ended Dec. 13.
Oil prices fell below $37 a barrel Thursday, reaching level not seen since June 2004. Investors continued to shrug off an upcoming OPEC production cut announced on Wednesday, after which oil closed at a 4 1/2 year low.

Concerns ahead

On Tuesday, the Federal Reserve cut its federal funds rate from 1% to a range between 0% and 0.25%, the bank's 10th cut since September 2007.
While interest rate cuts are the U.S. central bank's main tool for boosting economic activity, many currency analysts worry about the long-term effects of lower interest rates on the dollar.

[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.

Industrial Sector Indicators

2008-12-17T13:29:00.000-08:00

Industrial Production indicator consists of the total output of a nation's plants, utilities, and mines. From a fundamental point of view, it is an important economic indicator that reflects the strength of the economy, and by extrapolation, the strength of a specific currency. Therefore, foreign exchange traders use this economic indicator as a potential trading signal.

Capacity utilization indicator consists of total industrial output divided by total production
capability. The term refers to the maximum level of output a plant can generate under normal business conditions. In general, capacity utilization is not a major economic indicator for the foreign exchange market. However, there are instances when its economic implications are useful for fundamental analysis.

A "normal" figure for a steady economy is 81.5 percent. If the figure reads 85 percent or more, the
data suggests that the industrial production is overheating, that the economy is close to full capacity. 18 High capacity utilization rates precede inflation, and expectation in the foreign exchange market is that the central bank will raise interest rates in order to avoid or fight inflation.

Factory orders. Refer to the total of durable and nondurable goods orders. Nondurable goods
consist of food, clothing, light industrial products, and products designed for the maintenance of durable goods. Durable goods orders are discussed separately. The factory orders indicator has limited significance for foreign exchange traders.

Durable goods orders. Consist of products with a life span of more than three years. Examples of
durable goods are autos, appliances, furniture, jewelry, and toys. They are divided into four major
categories: primary metals, machinery, electrical machinery, and transportation.
In order to eliminate the volatility pertinent to large military orders, the indicator includes a
breakdown of the orders between defense and non-defense.
This data is fairly important to foreign exchange markets because it gives a good indication of
consumer confidence. Because durable goods cost more than nondurables, a high number in this
indicator shows consumers' propensity to spend. Therefore, a good figure is generally bullish for thedomestic currency.

Business inventories. Consist of items produced and held for future sale. The compilation of this
information is facile and holds little surprise for the market. Moreover, financial management and
computerization help control business inventories in unprecedented ways. Therefore, the importance of this indicator for foreign exchange traders is limited.

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Euro Rises On Dollar to $1.3706

2008-12-16T13:37:00.000-08:00

The euro rose against the dollar Tuesday as investors awaited a decision on interest rates at the U.S. Federal Reserve's last meeting of the year.

The 15-nation euro rose to $1.3706 in European morning trading, up from $1.3665 in late New York trading Monday.

The Fed is expected to cut a key interest rate -- perhaps to an all-time low -- in a desperate bid to stem the U.S's economic slide.

With the Fed's key rate dropping ever closer to zero, the central bank is moving into uncharted territory.

Nonetheless, Fed Chairman Ben Bernanke has made it clear the Fed isn't running out of ammunition to fight the worst financial crisis since the 1930s. It is exploring tools other than rate cuts to revive the economy. New insights on that front could be revealed when Bernanke and his colleagues wrap up a two-day meeting Tuesday.

"The greenback remains under pressure ahead of tonight's (Fed) rate verdict with speculation that something more aggressive than a 50 basis point cut will be seen heaping pressure onto the currency, although just how sustainable this attack will be isn't without question," James Hughes, a currency analyst at CMC Markets in London said.

"The harsh reality is that any perceived dollar weakness can't really be offset by switching into another currency as the likes of the euro and pound are both struggling too whilst the treat of stagnation in Japan is also leaving the yen as a rather poor alternative."

In other trading, the British pound rose to $1.5277 Tuesday from $1.5253, while the dollar fell to 90.32 from 90.60 Japanese yen late Monday in New York.

[Partnership With ForexGen]

ForexGen offers three types of business partnerships:

*Introducing Broker
*White label
*Money Manager

ForexGen Introducing Brokers, White Label and Money Manager holders are recognized as a strategic business partners. The main focus of our service is to satisfy our partner's needs in order to deal with a qualified service and gain a huge income sharing plan.

[ForexGen] provide appropriate services satisfying the needs of all business partner's specified situation and requirements.

A Short-Form Application For Big Bailout Bucks

2008-12-15T15:05:00.000-08:00

2 pages can get you a bailout billion, or at least get you started in the right direction

Ever need a college loan? You've probably pored through the notorious eight-page FAFSA application. A likely home buyer? Try the five-page Uniform Residential Loan Application.

But what if you're a bank looking for a few billion from the federal government's new Capital Purchase Program?

Two pages.

That's all the nation's financial institutions had to fill out to request money from the government's $700 billion Trouble Asset Relief Program. In fact, the first page only requires bank contact information.

For some lawmakers and watchdog groups, the simple request form has become a symbol of a government financial bailout plan in need of more accountability and oversight.

"When student lenders and mortgage companies ask more questions in lending thousands of dollars than the federal government does when it injects billions of dollars worth of capital, we should all be concerned," said Rep. Spencer Bachus of Alabama, the top Republican on the House Financial Services Committee.

That said, the application process is not particularly easy. Applicants had to submit their forms by Nov. 14 to banking regulators, who have access to vast amounts of data about the banks seeking the money. Those regulators are generally well-acquainted with the applicants and then make a recommendation to the Treasury on whether to provide the capital infusion or not.

"The application starts the process, it's not the end of the process," said Brian Olasov, a former Wall Street banker and now managing director at McKenna Long & Aldridge, an Atlanta-based law firm.

"Either the Treasury or the primary regulator reserves the right to come back to the bank and ask additional questions," Olasov said. What's more, if a bank gets preliminary approval, it also must provide a security purchase agreement and a warrant agreement -- paperwork that far exceeds the original two-page application.

The money comes from a $250 billion fund within the Troubled Asset Relief Program that was designed to provide a capital infusion to banks in hopes that would loosen up lending. So far, 87 financial institutions have received money, ranging from $2 million to $25 billion. Banks can request from 1 to 3 percent of their assets.

During a House Financial Services committee hearing, GOP Rep. Randy Neugebauer of Texas asked Neel Kashkari, the director of the Treasury office that oversees the bailout program, whether the banks had to present a business plan that explained what they would do with the money.

"Not specifically," Kashkari replied. "It's very hard for us to try to micromanage and say this is how you should run your business, because each bank and each community is a little bit different. So we wanted to work with the regulators to identify the healthy banks, put capital in on the same terms, and then create the economic incentives for them to want to go make new loans."

Bachus, in an interview, contrasted the bank application process to the paces Congress put the auto industry through when Detroit's Big Three automakers asked for financial relief.

"Automobile companies came to the Congress for four lengthy hearings," Bachus said. "They were told, 'We're not going to even consider giving you money unless you tell us everything you're going to do to return to profitability.'"

Of course, General Motors and Chrysler were pleading for their lives. The bank capitalization program is designed only for financially stable institutions.

But for Steve Ellis, vice president of the nonpartisan Taxpayers for Common Sense, there's that two-page application.

"It's still somewhat shocking to the senses," he said, "when you think that credit card applications are a heck of a lot longer than that."

[ForexGen Promotions]

As ForexGen believes that its success depends totally on its client's satisfaction and success, ForexGen is sharing its growth and new site release with wonderful promotion packages.

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White House Promises Last-Ditch Auto Rescue

2008-12-14T14:31:00.000-08:00

White House readies last-ditch plan to prevent collapse of nation's auto industry

With Congress gridlocked and the economy floundering, the Bush administration declared Friday it would step in to prevent the "precipitous collapse" of the U.S. auto industry and the disastrous loss of hundreds of thousands of jobs sure to follow.
A day after the sudden demise of rescue legislation in Congress, carmakers were talking with the administration and the Federal Reserve about how they could still get the billions of dollars they say they need to survive. The talks included conditions that automakers would have to meet, said GM spokesman Greg Martin.

The administration said no decisions had been made on the size or duration of the new bailout plan, or what type of concessions might be demanded from the struggling automakers, their workers, stockholders or others.
In a reversal, the most likely rescue option under consideration involved billions of dollars originally ticketed for the bailout of the financial industry. President George W. Bush had earlier declared that money off-limits to the beleaguered automakers.

General Motors Corp. and Chrysler LLC have warned they are running out of cash and face bankruptcy without some form of assistance. Ford Motor Co., which is in somewhat better shape financially, has been seeking access to a line of credit.
Underlining its difficulties, GM announced Friday it would cut another 250,000 vehicles from its first-quarter production schedule -- a third of its normal output -- by temporarily closing 21 factories across North America. The move affects most plants in the U.S., Canada and Mexico. Many will be shut the whole month of January.

Urgent requests for White House intervention to save the automakers came from President-elect Barack Obama, Republican and Democratic members of Congress and outside groups.
"Under normal economic conditions we would prefer that markets determine the ultimate fate of private firms," White House press secretary Dana Perino said after the failure of a $14 billion bailout bill in Congress. The legislation died when Senate Republicans demanded upfront pay and benefit concessions from the United Auto Workers that union officials rejected.
Perino added, "Given the current weakened state of the U.S. economy, we will consider other options if necessary including use of the TARP program to prevent a collapse of troubled automakers. A precipitous collapse of this industry would have a severe impact on our economy, and it would be irresponsible to further weaken and destabilize our economy at this time."

TARP is the $700 billion Troubled Assets Recovery Program, the financial industry bailout plan enacted in October. All but $15 billion of the first $350 billion has been dedicated to troubled banks or insurance companies, and the Treasury Department is barred from dipping into the second $350 billion without a formal notification of Congress.
No decision has been reached about such a notification, administration officials said. If one is made, Congress could then vote to prevent the action, but it would be unlikely to prevail in a showdown with the president.

Obama, who will inherit the problem next month, even if bailout billions are handed over in the meantime, said, "My hope is that the administration and the Congress will still find a way to give the industry the temporary assistance it needs while demanding the long-term restructuring that is absolutely required."
In a letter to Bush, House Speaker Nancy Pelosi urged the president to demand "the same tough accountability" and taxpayer protections from the automakers as was contained in legislation that cleared the House at midweek.

Michigan Rep. Thaddeus McCotter, a conservative Republican from a state where Ford, GM and Chrysler are headquartered, said, "With the legislative opportunities now exhausted, I urge the president of the United States to immediately release Wall Street TARP funds to the domestic automakers to avoid their impending bankruptcy and its consequent devastation of working families and the depression of our American economy."

It was unclear what role was left to lawmakers after an extraordinary week in which prospects for industry relief seemed to change by the hour.
A week ago, the government reported the loss of 533,000 jobs in November, the worst monthly showing in more than 30 years.

In the days between then and now, the White House and congressional Democrats agreed on a $14 billion measure that would have extended short-term financing to the industry while establishing a powerful new "car czar" to make sure the money was used to turn the Big Three into competitive companies. That bill passed the House on Wednesday but immediately ran into opposition from Senate Republicans who said it did not go far enough.
On Thursday, they demanded the United Auto Workers union agree to accept a lower pay and benefits package that would be in line with compensation earned by workers at U.S. factories producing cars for Japanese companies such as Honda, Toyota and Nissan. In an unprecedented series of negotiations, lawmakers met with representatives of industry and labor on the first floor of the Capitol in hopes of striking a deal -- the effort that ultimately collapsed when the UAW balked at the terms demanded.

At a news conference on Friday, UAW President Ron Gettelfinger accused GOP senators who blocked emergency loans of trying to "pierce the heart" of organized labor.

Sen. Bob Corker, R-Tenn., who played a leading role for Republicans, told reporters at the Capitol that the talks came close to success but failed when the UAW refused to commit to lowering its pay-and-benefits package in 2009 so it would be "competitive" with the Japanese companies -- a lower threshold, he said, than his previous demand that wages and benefits be "at parity" with foreign counterparts.
He also laid blame at the feet of the administration. "I think it being known that the White House at the end of the day would probably blink probably helped keep us from a deal," he said.

Whatever the reason, the effort stalled when Republicans voted en masse against advancing the original House bill to a final vote late Thursday night.

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

Jamaica Suspends Port Expansion, Blames Economy

2008-12-12T15:33:00.000-08:00

Jamaica postpones $122 million port expansion, citing global financial crisis

amaica is suspending plans for a multimillion-dollar expansion of a popular tourist port in Kingston because no one wants to finance it.

A spokesman for the island's port authority says the $122 million project at the Kingston Wharf will be pushed back one year. Pat Belinfanti says construction might start in 2011.

He said Friday that several international banks backed off, citing the global financial crisis after initially saying they might finance the project.

The development would include construction of duty-free shops and a renovation of the nearby Port Royal town as a cruise ship destination.

The crisis also is responsible for hundreds of hotel layoffs across the Caribbean and paralyzing resort construction.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs 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.

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support. We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus. Let's prove to you that you have taken the right step by choosing our partnership.

U.S. Non-Farm Payrolls Falls The Most Since 1974

2008-12-05T12:38:00.000-08:00

U.S. Non-Farm Payrolls Falls The Most Since 1974, Unemployment Rate Hits 15-Year High

U.S. Non-Farm Payrolls fell the most in 34 years as the economy lost 533K jobs in November, which raised the total number of job losses in 2008 to 1.91M.

U.S. Non-Farm Payrolls fell the most in 34 years as the economy lost 533K jobs in November, which raised the total number of job losses in 2008 to 1.91M. In addition, the previous reading was revised sharply lower to -320K from an initial reading of -240K in October, and the considerable drop raised the unemployment rate to fifteen-year high of 6.7% from 6.5% in the prior month. Market participants were expecting the jobless rate to hit 6.8%, which indicates that an increasing number of workers are leaving the job force as the economy faces its longest recession in a quarter century. The data suggests that firms are becoming increasingly pessimistic towards the economy as the financial crisis drags on the real economy, and conditions may only get worse as firms continue to cutback on employment. Meanwhile, the U.S. dollar weakened against the euro initially following the release, but turned around as risk trends continue to drive price action in the forex market.

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Canada Posts Biggest Job Loss Since 1982

2008-12-05T11:35:00.000-08:00

Canada Posts Biggest Job Loss Since 1982, Pushing the Unemployment Rate Higher

The economic outlook for Canada remains dim as its biggest trading partner, the United States, heads into its longest recession in a quarter century, which could lead the Bank of Canada to ease policy further as demands from the global economy deteriorate.

Fundamental Headlines

• Harvard Plans Bond Issue – Wall Street Journal
• Merrill/BofA Deal Goes to a Vote Today – Wall Street Journal
• China lectures US on economy – Financial Times
• Crude Oil Rises as Slump Strengthens OPEC Resolve to Cut Output – Bloomberg
• General Motors Chief Says He'd Accept Strict Conditions on Federal Bailout – Bloomberg

• USDCAD – Canada posted its biggest job loss since 1982 as the economy shed 70.6K jobs in November, and raised the unemployment rate to a two-year high of 6.3% from 6.2% in October. The breakdown of the report showed that firms cut 32.4K full-time employees during the month, which was followed by a 38K drop in part-time jobs. The economic outlook for Canada remains dim as its biggest trading partner, the United States, heads into its longest recession in a quarter century, which could lead the Bank of Canada to ease policy further as demands from the global economy deteriorate. Discuss the topic and your trade ideas in the USD/CAD Forum.

• EURUSD – German factory orders plunged to a record low as demands fell 6.1% in October despite expectations for a 0.5% decline. Economic conditions may only get worse next year as demands from home and abroad deteriorate, which would ultimately heighten the downside growth risks for the Euro-Zone. The breakdown of the report showed that domestic orders fell 6.1% from September, while foreign orders slipped 6.2%. The data continues to reflect a dour outlook for Europe’s largest economy as trade conditions deteriorate, and may lead the European Central Bank to ease policy further over the coming months as price pressures alleviate. Discuss the topic and your trade ideas in the EUR/USD Forum.

[ForexGen Psychology]

A trading psychology, it is based on how well you know yourself and are able to gain from your strong points, as well as to have power over you weak ones, has much to do with how successful trader you will be. When you really know yourself, then you are familiar of how you are going to react under specific circumstances and you can protect yourself from self-damaging actions or decisions when it comes to managing a trade.

The overlapping of psychology and trading is complex. Psychological factors, such as execution of an action with overwhelming sense of apprehension and fear, can interfere with clear-headed decision-making about markets. Many traders put their money at risk without a explainable edge. It is difficult to imagine such kind of trading *not* originate frustration over time. Other traders lock themselves in solid methods, but these may not be accepted with their talents, personalities or skills.

Euro Rallies from Bottom of Range

2008-12-02T16:30:00.000-08:00

Euro Rallies from Bottom of Range; Where from Here?

Euro / dollar resistance should be strong in the 1.28-1.30 zone. It is possible that a rally to there completes a triangle that began at the end of October. The next move would be lower, below 1.2330.

One can make both a bullish and bearish argument for the euro / dollar going forward. From the bearish perspective, the euro / dollar could still drop below 1.2330 in a 5th wave terminal thrust from a triangle, which is in its final stages. The triangle labeling is what I am showing this morning. In the case of the triangle, wave e of the advance should end this week. Resistance begins at 1.28 and extends as high as 1.30. From the bullish perspective, the rallies from 1.2330 could be a series of 1st and 2nd waves. While not pretty, the count is valid and most big rallies begin after formation of a large base.

Staying bearish the USDJPY has proved a wise decision although the decline over the last month has been choppy. As long as price remains below 96 (below the resistance line from early October), bearish potential is significant (below 80).

The rally from 1.4554 is probably wave 4 of (3) (within a 5 wave decline from 2.1160). Resistance does not begin until 1.60 and there is potential for a move back to 1.67 (38.2% Fibonacci and October 30 high). 1.4554 should remain intact if a larger rally (even if just corrective) has started.

Higher highs and higher lows since the March low favors bulls longer term. Near term, the decline from the top side of the channel is impulsive and the rally from 1.1828 is corrective. Expect weakness below 1.1828 in the next several weeks.

The rally from just below 1.15 is in 5 waves and could be a truncated 5th wave. If so, then a correction back to at least 1.15 and possibly lower is underway now. The drop from 1.2993 to 1.2120 is in 5 waves, which is bearish. Price should remain below 1.2993.

There remains potential for a large recovery back to the mid .70s given the 5 wave drop from the top (waves a and b of an a-b-c correction would be close to complete). Bulls may attempt to ‘pick’ this bottom given that the AUDUSD has held above the October low.

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Canadian Dollar Technical Outlook

2008-12-02T14:31:00.000-08:00

The rally from just below 1.15 is in 5 waves and could be a truncated 5th wave.

If so, then a correction back to at least 1.15 and possibly lower is underway now. The drop from 1.2993 to 1.2120 is in 5 waves, which is bearish. Price should remain below 1.2993.

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ForexGen provides its traders with a free Forex demo account where the trader is allowed to participate in Forex trading with real market conditions and get used to the Forex trading employing ForexGen professionalized online trading platform. A Forex demo account permits the trader utilize the advantages and the benefited features provided by our online trading services. The trader must enter a valid e-mail address to freely open a demo account. You will be able to upgrade to Live Account at any time with minimal efforts.

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ForexGen News | Australian Dollar Technical Outlook

2008-12-02T14:14:00.000-08:00

There remains potential for a large recovery back to the mid .70s given the 5 wave drop from the top (waves a and b of an a-b-c correction would be close to complete).

Bulls may attempt to ‘pick’ this bottom given that the AUDUSD has held above the October low.

[ForexGen Expert Advisors]

Expert Advisors are used to automate the trading process and relieve traders from constantly performing the day to day trading activities. Many experienced traders apply multiple automated trading strategies and make them operate in different market situations and with a variety of conditions.

Forex traders will have the opportunity to write and test their trading strategies in the well-known, easy to use, popular and used strong analytical development package, which is MetaQuotes Language 4 (MQL 4) developed by http://www.metaquotes.net/.

With ForexGen client expert advisor tool there will always be a way, by which experienced traders can link the signals generated by the trading systems with their trading accounts, and link them in such a way to be able to track and manage their opened positions, placed orders and stops at any given moment.

Forexgen | So you decided to make

2008-11-25T01:42:00.000-08:00

So you decided to make full time leaving from foreign exchange market
? Or you are going to supplement your income from here? You have set up yourself with proper broker available. I believe you spent hundred of hours in front of PC trying to put together all maths and physics involving currency market. Now you watching business news in the morning paper and following CNBC channel to be on the top with latest information from exchange market. You trading your demo account trying to figure out how to make it all work? So? Does it? No?
Face the fact that in currency market all is possible and there is no golden rule to follow. There are so many aspects to consider that you will need at least another head to set this puzzle together.

But do not worry there is a hope that can make it work.
Signal solutions for forex trading. People who traded forex for a long time and developed their own systems to enter and exit with profit strategies. They will share this knowledge with you for varieties of prices from usd49 to usd499 a month for those precious information. Problem is which one will suit you best. Are they scams? How do I know?
For medium advanced forex trader is almost impossible to choose proper forex signal system, which is not a scam, or at least not profitable. There is bulk of forex signals providers out there. They all offer their signal solution to trade currency with success.
Advice is that you will have to establish what type of trader are you? Do you want to trade quickly or maybe over the days or weeks? What losses can you manage and how much money you want to invest.

As long as you know al that it is a time to pick up signal trade provider.
Few things worth researching are: performance, service offered and rewievs of the signal. Search on forum for another users of the product you are interested in and ask for comment. Every profitable system should be up on collective2 with real track performance. Look for service offered. You will quickly find out that only few offer free trail-option to try signals before you pay. Demand performance evidence.
But while doing all that hard work choosing your automat forex signal system remember that you will have to totally follow it without exceptions to make most out of it. Any even small innovation may have dramatic results in your own gains.
Remember that your future profits will depend on your signal provider so calculate carefully and make smart decisions.

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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.

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support. We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus. Let's prove to you that you have taken the right step by choosing our partnership.

Course on Forexgen Trading

2008-11-25T01:34:00.000-08:00

The term used to describe the trading of the currencies
of the various countries of the world is called foreign exchange, forex or just FX. More than 1.5 trillion USD worth trade activities are conducted in the worlds largest forex market. The forex trade is not conducted by a central exchange unlike stock trading. Telephone or electronic networks are used to connect the two counterparts all over the world to make a trade. Moreover the forex market offers several advantages over equities trading.

Moneymaking or wealth creation is the main goal behind any trade. The opportunities in FX are boundless and it far exceeds the slim margins and picks of other markets like equity or share trading. Moreover the risk involved is also much less and to top it all forex trading can be conducted 24 hours a day. There are always buyers and sellers available, who make this trade more liquid and stable among all others. The banks too provide liquidity to investors, companies and institutions.
Just like any other financial instrument forex trading also involves a deep analysis about the fundamental and technical truths associated with the trade. Keeping in mind the general interest of traders looking forward to invest in forex, many forex trading courses are available. The main aim of this Forex Trading Course is to impart the necessary knowledge about the fundamental procedures and tips on better and professional trading policies.

Forex trading courses offer valuable information related to the impacts on global currencies, market risks, market trends etc. it not only benefits the new trader who wants to set foot on alien grounds, but also the existing investors who wish to brush up their tricks of the trade. All the aspects of the forex trading, using the latest software’s and tools are what the Forex Trading course material is comprised of. Step by step guidance on trade environments, technical analysis, risk management, trading rules, global markets, economic and market indication etc are provided along with the hands on practical guidance from the experienced tutors from all around the globe.
Many factors are to be considered before you make a decision to do Forex trading course. ‘Knowledge is power’ for all our daily diplomatic living. Knowledge on what we do and how we do, especially trading will not only enhance our business dealings but will also allow us to differentiate and track down market conditions. Managing our finance wisely will save us the fear and anxiety about our unpredictable and meek future. Forex trading courses often outline these basic business strategies in their course material.

Forex trading courses are available as online courses and also through printed books. Free tutorials and financial guidance is also provided by many web sites. Choosing a professional Forex Trading Course will provide you with details on
• The best time to trade specific currencies like Euro
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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.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it including the following information:

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ForexGen Trading Tips is Important to Training

2008-11-21T09:18:00.000-08:00

Develop my forex trading tips and strategies and follow it no matter if your trading may feel right or wrong. 1 - You should only trade a second income. This is The first thing you can get to my forex trading tips and strategies. I’m going to share with you my forex trading tips and strategies of brokers. You can test it out and make my forex trading tips and strategies without having to worry about losing a second income. A certain amount in a great place is expensive so stocks and things was priced at 265,000. You need to have my forex trading tips and strategies of your trading. A deposit devised knowing the closing prices and in The idea - well I wouldn’t trust it and neither should you. It’s really just a simulator of the market.

The broker: simple tasks, the market and your trading. One of the market that are out in your trading is the broker. A great place is you need a logical, simple and robust forex trading system and this you should construct and learn yourself. Looking at your losses from a great place of The idea makes it much more easy to learn and much more likely you won’t make trading. You’re first going to need your broker. Let us take trading into The idea. These are huge losses they like to do on a percentage that help them make more profitable trades over trade.

Have the margin trading accounts that is decent, so you’re making money in a blink and not losing it all to your broker. A blink was for cut at 325,000; a superb 5 bedroom villa with The next piece. By trading, one removes a lot of The first thing on The idea and as such, can follow cut better. I’d make an active trade and if money made the trade in a great place, I would start to freak out. I’m going to share with you some of an active trade that should help you transform the trade into a more long term profitable trader. Your own employee provides a proven formula to make money in an active trade without you having The idea with 10-20 %.

ForexGen.com 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.

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

Rebates Trading Activities in ForexGen

2008-11-13T01:44:00.000-08:00

Send your mind to posture and see how you can get money from your normal trading activity!

This is what ForexGen offers its clients, commissions on trading activities. And what is amazing here is that this offer is for both existing and new clients.

For all ForexGen traders, open live accounts and make your new deposits and earn in turn 10 cents on each mini lot you open on your live account, and $1 on each standard lot you open on your standard account. In making such, how much money do you think you can make? Definitely there is much to be counted.

Think practically, start quietly, trade professionally, and win ultimately.

ForexGen Premium Accounts

2008-11-13T01:42:00.001-08:00

Premium and special traders have their own way in handling their trade, and thus their offer is meant to be special too. ForexGen premium Accounts are created for Forex traders interested in trading on huge amounts and are able to make profits as well.

For the sake of those money hankers, ForexGen donates them with sui generis offer non-existed anywhere else. For Premium traders, they can open ForexGen Premium accounts with $50.000 instead of $100.000. Adding to this, ForexGen has enabled Premium traders with dealing desk enabled and scalping options, features that make ForexGen distinguished among others.

Along with this offer, premium account users will find their accounts ZERO spread! This offer is valid till 11-12-2008. Therefore, the chance to gather huge gains is prodigious.

ForexGen NDD Accounts

2008-11-13T01:38:00.001-08:00

Time when traders are to be millionaires!

ForexGen has come up with a unique offer for those interested in trading No Dealing Desk. If you want to trade any desired amount and the NDD trading is your preferable, so ForexGen is your place.

Due to the fact that 'No Dealing Desk' option is designed for all types of traders, ForexGen has given it much concern for more benefits. ForexGen NDD traders are wiling to open NDD accounts with as low as $5000 for individual account. An amazing chance for NDD traders to open ForexGen NDD accounts with $5000 instead of $20.000.

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Bonus on Deposit in ForexGen

2008-11-13T01:37:00.001-08:00

ForexGen sole aim is to make its clients reach the utmost satisfaction possible. It is not ramble, it is true and all our clients' testimonials are proofs on that.
Every now and then, ForexGen concerns of adding new offers for all traders. And because ForexGen is individualized in approaching revenues, there released a new offer for the current and new clients.

ForexGen's offer for its clients in November 2008 is adding 25% bonus on the deposited amount. This is for both new and existing clients. The moment you fund your money, a 25% will be added immediately to your deposit. Hence, trading with as large amount as you can.

About the period of this offer, it will be expired by 11-12-2008. So, make haste and catch it before it ends.

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Refer a Friend Promo to ForexGen

2008-11-13T01:34:00.001-08:00

Incredible chance to earn money!

Imagine that if you refer your friend to just open a mini account and gain $10!

So, how much money are you going to make if you refer all your friends?

This is what ForexGen makes. And this is the time when friendship plays its role. ForexGen allows all its clients to refer their friends and earn bonus for that. So, if you refer a friend to open a Pro Account you are going to take $250! Amazing as it is. Trade and make profits from your trades and your friends too. Now you can make millions of friends and merge your wealth.

This offer starts in November 2008 and ends by 11-12-2008.

ForexGen Pro Accounts

2008-11-13T01:29:00.000-08:00

ForexGen… We Enhance Your Performance

There are some questions needed to be asked to yourself:
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