Yen Technical Outlook

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]

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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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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:

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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.

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Trend Indicator

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.

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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.

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

Hints For Trading Forex with the Help of News

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]

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[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.

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Tips in Forex Stock

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.

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[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.

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The Essence Of Online Trading

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

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[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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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.

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Once World's Smoggiest, Mexico City Cuts Pollution

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]

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[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