Forex Academy | ForexGen

By now you have an arsenal of weapons to use when you battle the market. In this lesson you will add yet another weapon: CHART PATTERNS!

Think of chart patterns as a land mine detector, because once you learn this, you will be able to spot “explosions” on the charts before they even happen, making you a lot of money in the process.

In this lesson, we will teach you basic chart patterns and formations. When correctly identified, it usually leads to a huge breakout or “explosion” in this case.

Remember, our whole goal is to spot big movements before they happen so that we can ride them out and rake in the cash! Chart formations will greatly help us spot conditions where the market is ready to break out.

Here's the list of patterns that we're going to cover:

• Symmetrical Triangles
• Ascending Triangles
• Descending Triangles
• Double Top
• Double Bottom
• Head and Shoulders
• Reverse Head and Shoulders

Simple Moving Average (SMA)

the simple moving average is formed by calculating the average price of a security over a particular number of periods. While it is possible to create moving averages from the Open, the High and the Low data points, most moving averages are created using the closing price. For example: a 4-day simple moving average is calculated by adding the closing prices for the last 4 days and dividing the total by 4.

11+ 12 + 13 + 14 = 50

(50 / 4) = 12.5

The calculation is repeated for each price bar on the chart. The averages are then joined to form a smooth curving line - the moving average line. Continuing our example, if the next closing price in the average is 15, then this new period would be added and the oldest day, which is 11, would be dropped. The new 4-day simple moving average would be calculated as follows:

12 + 13 + 14 +15 = 54

(54 / 4) = 13.5

Over the last 2 days, the SMA moved from 12.5 to 13.5 , As new days are added, the old days will be subtracted and the moving average will continue to move over time.

ForexGen also offers a "No Dealing Desk" execution option which does not provide fixed spreads or guarantee regarding slippage. Clients are able to select this option at ForexGen's discretion.

Liquidation
Any depreciation occurring to a point of depletion of an entire balance in Forex account, will be liquidated automatically without any margin calls.

Fees
ForexGen customers enjoy trading without commissions, transaction fees, overnight performance fees or execution.

Overnight positions (swap)
ForexGen offers swap-free accounts. Swaps will not be applied to ForexGen accounts.

Deposit currency
Clients can select to fund their live accounts with USD or EURO.

Reporting
Complete and full detailed reporting about the account trading activities are generated 24 hours a day, 7 days a week.

Opening a live Account Online
Opening a ForexGen trading account is easy, fast and secure. Just complete and submit your application online in just minutes. Representatives are available 24 hours a day, 7 days a week.

Parabolic SAR

the Parabolic SAR can be used to determine where trend will be ending,it is very simple to use.

when the dots are up the candles it may be a sign to sell,but when the dots are under the candles you can buy , the Parabolic SAR is the easisest indicator because it indicates if the price is going up or down.

Profile regulatory information:

ForexGen is complying with all applicable international laws and all financial regulations and procedures governing its industry in order to sustain the security standards in the financial services world.

According to the Federal Trading Commission (FTC) and Commodity Futures Trading Commission, all financial institutions are obligated in conformity with the anti money laundering laws (AML) that control money laundering and maintain the integrity and security of the international banking and financial institutions. ForexGen is regulated by the international authorities against money laundering and in full compliance with the International Laws.

Before we go any further we are going to be 100% honest with you and tell you the following before you consider trading currencies:

All forex traders, and we mean all traders LOSE money on trades.
Ninety percent of traders lose money, largely due to lack of planning and training and having poor money management rules. Also, if you hate to lose or are a super perfectionist, you'll probably have a hard time adjusting to trading.

Trading forex is not for the unemployed, those on low incomes, or who can't afford to pay their electricity bill or afford to eat.
You should have at least $10,000 of trading capital (in a mini account) that you can afford to lose. Don’t expect to start an account with a few hundred dollars and expect to become a kazillionaire.

The Forex market is one of the most popular markets for speculation, due to its enormous size, liquidity and tendency for currencies to move in strong trends. You would think traders all over the world would make a killing, but success has been limited to very small percentage of traders.

Many traders come with the misguided hope of making a gazillion bucks, but in reality, lack the discipline required for trading. Most people usually lack the discipline to stick to a diet or to go to the gym three times a week. If you can't even do that, how do you think you're going to succeed trading?

Short term trading IS NOT for amateurs, and it is rarely the path to “get rich quick”. You can't make gigantic profits without taking gigantic risks. A trading strategy that involves taking a massive degree of risk means suffering inconsistent trading performance and often suffering large loss. A trader who does this probably doesn’t even have a trading strategy - unless you call gambling a trading strategy!

1 PiP Spread on 10 Pairs Low Spreads on Crosses No Swaps - Unlimited Time No Commissions No Margin Calls No Withdrawal Fees Same Day Withdrawals Hedging Capabilities Multi Account Platform Instant Deposits No Dealing Desk Accounts Excellent Support Premium Trading Tools Partnership Programs Instant Account Activation Standard, Mini and Micro Lots

By registering on ForexGen, you create your ForexGen profile and you can go ahead and open as many Demo accounts , and Live accounts as you need. All accounts can be created online and managed under your ForexGen profile. You can mix between Mini, Standard, Pro, Premium and No Dealing Desk accounts in one Profile. Instant Approval.

ForexGen strives to give incomparable professional and individualized trading services. As a professional online trading service, ForexGen provides several facilities for all kinds of traders

Exponential Moving Average (EMA)

In order to reduce the lag in simple moving averages, technicians often use exponential moving averages (also called exponentially weighted moving averages). exponential moving average reduce the lag by applying more weight to recent prices relative to older prices. The weighting applied to the most recent price depends on the specified period of the moving average. The shorter the exponential moving average's period, the more weight that will be applied to the most recent price. For example: a 10-period exponential moving average weighs the most recent price 18.18% while a 20-period EMA weighs the most recent price 9.52%. As we will see, the calculating and exponential moving average is much harder than calculating an simple moving average. The important thing to remember is that the exponential moving average puts more weight on recent prices. And so it will react quicker to recent price changes than a simple moving average. And that's the calculation formula

exponential Moving Average Calculation

Exponential Moving Averages can be specified in two ways - as a percent-based exponential moving average or as a period-based exponential moving average. A percent-based EMA(exponential moving average) has a percentage as it's single parameter while a period-based EMA has a parameter that represents the duration of the EMA.

The formula fot calculating an exponential moving average is:

EMA(current) = ( (Price(current) - EMA(previous) ) x Multiplier) + EMA(previous)

For a percentage-based EMA, "Multiplier" is equal to the EMA's specified percentage. For a period-based EMA, "Multiplier" is equal to 2 / (1 + N) where N is the specified number of periods.

For example, a 20-period EMA's Multiplier is calculated like this:

(2 / (Time periods + 1) ) = (2 / (20 + 1) ) = 0.095238

This means that a 10-period EMA is equivalent to an 9.5238 % EMA.
xample 2

a 10-period EMA's Multiplier is calculated like this:

(2 / (Time periods + 1) ) = (2 / (10 + 1) ) = 0.1818 (18.18%)

This means that a 10-period EMA is equivalent to an 18.18% EMA.
you can loot at the chart below

Trade Size
All trades are executed in standard sizes of 100,000 base currency for standard Account and 10,000 base currency for Mini Account per one lot on the ForexGen trading platform. There is no maximum trading volume on the ForexGen trading platform.

Pip/Tick Value
Trading on the ForexGen Platform facilitates calculating the profit and loss. In the EUR/USD and almost the other 17 currency pairs, a movement of one pip/tick value in the exchange rate equals ten dollar profit or loss for standard Account and one dollar profit or loss for Mini Account in the account value per lot.

Margin Requirement
Guaranteed Limited Risk: The account equity, the total floating value of the account, is an important safety feature in the ForexGen system that prevents traders from losing more money than they have in the account. Should the account equity fall below the margin requirement of approximately 5%, the system will close all opened positions.

Long and Short Bodies

Long white candlesticks show strong buying pressure. The longer the white candlestick is, the further the close is above the open. This indicates that prices advanced significantly from open to close and buyers were aggressive. While long white candlesticks are generally bullish, much depends on their position within the broader technical picture. After extended declines, long white candlesticks can mark a potential turning point or support level. If buying gets too aggressive after a long advance, it can lead to excessive bullishness.

Long black candlesticks show strong selling pressure. The longer the black candlestick is, the further the close is below the open. This indicates that prices declined significantly from the open and sellers were aggressive. After a long advance, a long black candlestick can foreshadow a turning point or mark a future resistance level. After a long decline a long black candlestick can indicate panic or capitulation.

Even more potent long candlesticks are the Marubozu: Black and White. These candlesticks do not have upper or lower shadows and the high and low are represented by the open or close.
Long and Short Shadows

Upper shadows represent the session high and lower shadows the session low. Candlesticks with short shadows indicate that most of the trading action was confined near the open and close. Candlestick with long shadows show that traded extended well past the open and close.

Candlesticks with a long upper shadow and short lower shadow indicate the following: buyers dominated during the session, and bid prices higher. However, sellers later forced prices down from their highs, and the weak close created a long upper shadow. Conversely, candlesticks with long lower shadows and short upper shadows indicate the following: sellers dominated during the session and drove prices lower. However, buyers later resurfaced to bid prices higher by the end of the session and the strong close created a long lower shadow.

Other type of Candlesticks are with a long upper shadow, long lower shadow and small real body. They are called spinning tops. One long shadow represents a reversal of sorts; spinning tops represent indecision. The small real body (whether hollow or filled) shows little movement from open to close price, and the shadows indicate that both bulls and bears were active during the session. Even though the session opened and closed with little change, prices moved significantly higher and lower in the meantime.

After a long advance or long white candlestick, a spinning top indicates weakness among the bulls and a potential change or interruption in trend. After a long decline or long black candlestick, a spinning top indicates weakness among the bears and a potential change or interruption in trend.

Candlesticks are formed using the open, high, low and close.

• If the close is above the open, then a hollow candlestick (usually displayed as white) is drawn.
• If the close is below the open, then a filled candlestick (usually displayed as black) is drawn.
• The hollow or filled section of the candlestick is called the “real body” or body.
• The thin lines poking above and below the body display the high/low range and are called shadows.
• The top of the upper shadow is the “high”.
• The bottom of the lower shadow is the “low”.

Candlestick chart patterns are very popular in forex trading because they are the main part of technical analysis. On all chart modules, users can toggle between line, bar and candlestick chart view.

The candle consists of two parts: the body and the shadows. The body reflects the open and closing price for the certain period. The candle body is black if the close price below the open, and white if the close was higher than the open for the period. The candlestick shadow reflects the intra-period high and low prices. (Note: In candlestick charting the following periods are often used; 5 min, 15 min, 1 hour, daily and weekly). Long shadows, show that the trading extended well beyond the opening and/or closing price, while short shadows, show that trading was confined closely to the open and/or closing price.

By registering on ForexGen, you create your ForexGen profile and you can go ahead and open as many Demo accounts , and Live accounts as you need. All accounts can be created online and managed under your ForexGen profile. You can mix between Mini, Standard, Pro, Premium and No Dealing Desk accounts in one Profile. Instant Approval.

ForexGen strives to give incomparable professional and individualized trading services. As a professional online trading service, ForexGen provides several facilities for all kinds of traders

While we briefly covered candlestick charts in the previous lesson, we’ll now dig in a little and discuss them more in detail. First let’s do a quick review.

What is a Candlestick?

Back in the day when Godzilla was still a cute little lizard, the Japanese created their own old school version of technical analysis to trade rice. A westerner by the name of Steve Nison “discovered” this secret technique on how to read charts from a fellow Japanese broker and Japanese candlesticks lived happily ever after. Steve researched, studied, lived, breathed, ate candlesticks, began writing about it and slowly grew in popularity in 90s. To make a long story short, without Steve Nison, candle charts might have remained a buried secret. Steve Nison is Mr. Candlestick.

Okay so what the heck are candlesticks?

The best way to explain is by using a picture:

Why participate in the Forex Market?

• Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account activation.
• Scandinavian quality with Swiss precision, funds secured and local agents in 20+ countries..
• ForexGen offers Forex trading in the major currency pairs and crosses.
• Low capital start , with $250 in minimum account size.
• Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
• ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.

Candlestick Charts identical to a bar chart in the information conveyed, but presented in an entirely different visual context.

The candlestick encapsulates the open, high, low and close of the trading period in a single candle.Candlestick charts are much more visually appealing than a standard two-dimensional bar chart. As in a standard bar chart, there are four elements necessary to construct a candlestick chart, the OPEN, HIGH, LOW and CLOSING price for a given time period. Below are examples of candlesticks and a definition for each candlestick component: The body of the candlestick is called the real body, and represents the range between the open and closing prices. This kind of chart displays each time period in a "candlestick" format.

As in the bar chart, the candlestick shows the open, high, low and close of a specific time period. A candlestick can either be solid or transparent. Its appearance depends on the relationship between the opening and the closing price. If the close is higher than the open, the candlestick is transparent or empty. If the close is lower than the open, the candle is solid or filled. When two thin lines extend vertically above and/or below the body of the candle, this means that they represent the highs and lows respectively, but not the closing price. These lines represent the high and the low for the period and referred to as shadows.

The high for the period is the upper shadow and the low is known as the lower shadow.A black or filled-in body represents that the close during that time period was lower than the open, (normally considered bearish) and when the body is open or white, that means the close was higher than the open (normally bullish). The thin vertical line above and/or below the real body is called the upper/lower shadow, representing the high/low price extremes for the period.Candlestick charts have three major advantages when compared to bar charts.Candlestick charts are much more "visually immediate" than bar charts. Once you get accustomed to the candle chart, it is much easier to see what has happened for a specific period - be it a day, a week an hour or one minute.

With a bar chart you need to mentally fill in the price action. You need to say to yourself, "The left tick says that's where it opened, the right tick where it closed. Now I see. It was an up day." With a candlestick chart, this is all done for you. You can spend your energy on analysis - not on figuring out what happened with the price.With candles you can spot trends more quickly by looking for whether the candles are clear or colored.
Within a trend, you can easily tell what a stock did in a specific period.Most importantly, candles are vital for spotting reversals. These reversals are usually short term - precisely the kind the swing trader is looking for. When traditional technical analysis talks about reversals, usually it is referring to formations that occur over long periods of time.

Typical reversal patterns are the "double top" and the "head and shoulders." By definition, these involve smart money distributing their shares to naive traders and normally occur over weeks or even months.Candlesticks, however, are able to accurately pick up on the changes in trend that occur at the end of each market swing. If you pay meticulous attention to them, then they often warn you of impending changes.

ForexGen strives to give incomparable professional and individualized trading services.
As a professional online trading service, ForexGen provides several facilities for all kinds of traders

Our trading service performance is based on respect and appreciation which is only achieved by offering intelligent trading tools for secure online trading.

ForexGen is the easiest and fastest gateway for the traders to perform successful trading, which provides a unique institutional investor professional facilities and highly qualified individualized services for the international customer.
ForexGen provides advanced online trading software with full trading services.

ForexGen delivers what traders want: instant order execution, lowest spreads, flexible starting capital, fast online and free deposits and withdrawal, and most of all, solid funds security.

Winning in trading depends on using the right strategy and controlling all the moves.
Trading strategies are discussed in details at ForexGen Academy.

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

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

When you need to apply the Fibonacci level at your chart you will need to know about the swing low points and the swing high points
A Swing Low is a candlestick with as minimum two higher lows on both the left and right of itself
A Swing High is a candlestick with as minimum two lower highs on both the left and right of itself.

To download ForexGen platform directly click here

To open a free Demo Account, Please Apply Online

We are committed to your privacy

Important notes:

• When opening a demo account you will have the same features on the system as a real client, however this account is for demonstration purposes only. Please notice that the demo platform is fully automated and does not enjoy the attention of our dealing room. In volatile markets the dealing room may increase the spread slightly for a short period of time, however all temporary changes are only made on the live server and does as such not affect the demo accounts.
• To open a demo account you must enter a valid e-mail address.
• The demo account is only valid for a period of 30 days. Please be aware that all data will be lost when the demo account expires.

Bar Charts

Bar chart is graphic representation of price action using a vertical bar to connect the highest price to the lowest price during a period. The opening price is displayed as a horizontal line on the left side of the bar.The closing price is displayed as a horizontal line on the right side of the bar.Bar charts can be constructed for any time period in which prices are available. Traditionally, the most popular time interval for bar chart is hourly chart.

However, since the wide availability of the real time prices, it is commen to use smaller time interval such as 30 minutes, 15 minutes, 5 minutes, 1 minuteBelow is a BAR CHART example: Standard bar charts are commonly used to convey price activity into an easily readable chart. Usually four elements make up a bar chart; the open, high, low and close for the trading session/time period.

A price bar can be represent any time frame the user wishes, from 1 minute to 1 month. The total vertical length/height of the bar represents the entire trading range for the period.Below is a BAR example:The top of the bas represents the highest price of the period, and the bottom of the bar represents the lowest price of the period. The Opening price ‘OPEN’ represented by a small dash to the left of the bar, and the closing Price for the session ‘CLOSE’ is a small dash to the right of the bar.

1 PiP Spread on 10 Pairs Low Spreads on Crosses No Swaps - Unlimited Time No Commissions No Margin Calls No Withdrawal Fees Same Day Withdrawals Hedging Capabilities Multi Account Platform Instant Deposits No Dealing Desk Accounts Excellent Support Premium Trading Tools Partnership Programs Instant Account Activation Standard, Mini and Micro Lots

By registering on ForexGen, you create your ForexGen profile and you can go ahead and open as many Demo accounts , and Live accounts as you need. All accounts can be created online and managed under your ForexGen profile. You can mix between Mini, Standard, Pro, Premium and No Dealing Desk accounts in one Profile. Instant Approval.

All charts are potted with time on the x-axis and the currency pair on the y-axis. Each time period on our real time charts can range from a tick by tick a weekly interval (the tick refers to each individual pip movement). This gives traders the flexibility to view currencies with closer examination while also allowing them to spot the trends most suitable for their time-sensitive trading strategy.Here’re the most popular types of charts:

1. Line chart

2. Bar chart

3. Candlestick chart

Line Charts

A line chat is simple a graph of the value of a currency taken at regular time intervals based on current prices. Below is a LINE CHART example : A line chart’s strength come from it’s simple design; it provides an uncluttered, easy to understand view of a currency’s price. Line chats display the currency’s closing price.

By registering on ForexGen, you create your ForexGen profile and you can go ahead and open as
many Demo accounts , and Live accounts as you need. All accounts can be created online and
managed under your ForexGen profile. You can mix between Mini, Standard, Pro, Premium and
No Dealing Desk accounts in one Profile. Instant Approval.

ForexGen Academy

If you are an experienced ‘FOREX’ Trader or just a beginner looking for the opportunities offered in the ‘FOREX’ market, Forexgen has created ForexGen Academy to give you the chance to get a ‘FOREX’ education and improve your trading skills. No hard expressions, no buzz words, and no rocket science language are used throughout these lessons.

>> Forex Trades 24-Hours a Day
Forex trading is your window to the world economy. Trading starts on Sunday at 5:00 PM Eastern Time with the opening of the markets in Singapore and Sidney. A couple of hours later, the Tokyo market is open. Next is London, which opens at 2:00 AM Eastern Time on Monday. By the time the day catches up to New York, the world currency markets have been at work for fifteen hours. You determine the timing of your trades, reacting instantly to any news or market pressures.

>> Forex is Firm Prices and Instantaneous Execution
Forex Capital Management enables price certainty and instant execution on orders up to US$1 million. Your trading is based on real time streaming currency prices so there is no discrepancy between the offered price and the execution price. This remains true even during volatile, fast moving trading sessions. Streaming prices ensure that your orders, stops, and limits are executed without partial fills or slippage.

>> Forex Enables Automatic Rollovers
With Forex Capital Management, open positions are automatically rolled over every two days. At 5:00 PM Eastern Time, your account automatically rolls over any open positions, swapping the trade forward to a settlement date two business days in the future.

Rolling over a position does include some carrying costs, which is true with futures as well.Rolling over a Forex position can sometimes make you money, since carrying cost is determined by the difference between interest rates for the two currencies. If you are long in the currency with the higher interest rate, you can gain on the spot rollover from the premium relationship of the long currency relative to the short currency. Gain is determined by the differential between the interest rates of the two currencies, and fluctuates with the movement of rates.

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.

• Claim Your Bonus
• Live Account Contest
• Demo Account Contest
• Refer A Client
• Scalping enabled Account

The forex market is approximately 46 times larger than the combined world futures markets. Greater day-to-day price stability enables trades with higher leverage than what is typical with futures.


>> ForexGen Provides More Leverage
You control the degree of leverage you wish to employ in trading. Forex Capital Management automatically sets your leverage level at the most lenient requirement, based on the size of your account. As an example, a US$30,000 account has a margin requirement of US$1,000 for every position held that is approximately equal to US$100,000 worth of currencies. At this account level, 1% of the total value of the currency traded is required to be maintained on margin – a leverage ratio of 500 to 1.

>> Forex Provides Less Liability
Forex Capital Management gives investors important peace of mind in the volatile currency marketplace. If the funds in an account ever drop below margin requirements, any open positions will be closed, protecting the account from catastrophic losses. In the event that your strategy proves to be wrong and there is a significant move against you, your liability will never exceed the value in your account.

>> Forex is Maximum Liquidity
The forex market is the largest and most liquid in the world, with the spot foreign exchange market accounting for on average US$1.5 trillion in transactions every day. The foreign exchange market can absorb transaction sizes and trading volumes that dwarf the capacity of other markets. Stop-orders and liquidation of positions are executed without slippage.

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

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

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.

• Claim Your Bonus
• Live Account Contest
• Demo Account Contest
• Refer A Client
• Scalping enabled Account

A moving average is simply a way to smooth out price action over time. By “moving average”, we mean that you are taking the average closing price of a currency for the last ‘X’ number of periods.

Like every indicator, a moving average indicator is used to help us forecast future prices. By looking at the slope of the moving average, you can make general predictions as to where the price will go.

As we said, moving averages smooth out price action. There are different types of moving averages, and each of them has their own level of “smoothness”. Generally, the smoother the moving average, the slower it is to react to the price movement. The choppier the moving average, the quicker it is to react to the price movement.

We’ll explain the pros and cons of each type a little later, but for now let’s look at the different types of moving averages and how they are calculated.

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.

ForexGen demo account advantages:

• Innovated trading with no request for a quote for up to 200 lots (20 million).
• The client is provided by a simple system with included options that are easily grasped and used.
• Real time prices are usually modified and provided.
• ForexGen provides Real time charts with the most famous indicators.
• Daily reports for the account status.
• Summarization of the current client's orders, account equity, profit and loss ranging.
• Exclusive technical analysis provided daily to your mailbox in the Trading Platform. The trading real time technical analysis by Capital Management is sent daily to the trader’s mail
• Streaming News headlines are supplied by AFX News.
• The ability to form the traders own strategies using the Expert Advisor. Available for real accounts upon written request

>> Forex Offers Broad Diversity
The balance of trade between nations is one determinant to the relative value of these currencies. A nation that imports more than it exports has a deficit trade balance, which is considered unfavorable to the value of that currency. Prudent investors know that they should diversify the U.S. Dollar balance in their assets through holding a range of currencies. This is challenging since most U.S. banks do not offer foreign currency accounts. Through foreign exchange trading, you control hundreds of thousands of dollars worth of currencies with up to 50 times more leverage than with your stocks. For every US$1,000 margin deposit, you control up to US$100,000 worth of Euros, or Pounds, or Yen, or the currency you believe will outperform the U.S. Dollar in the future.

>> Forex – Perfect for Technical Traders
Currencies rarely spend time in tight trading ranges, and there is a tendency for strong trends to develop. Over 80% of trading volume is speculative in nature, so the market frequently overshoots before correcting itself. A technically trained trader can identify these breakouts, providing a range of opportunities for entering and exiting positions.

>> Analyze a Nation like a Corporation
Currencies are always traded in pairs –one currency is purchased with holdings in another. As with stocks, better FX returns are provided by the currency of a country that demonstrates faster growth and is in a better economic condition that others.Currency pricing reflects the amount of available supply and demand. Interest rates and the relative strength of the economy are the two primary factors that determine the availability of a currency. Leading economic indicators reflect the economic health of a nation, and are in large part responsible for shifts. An overwhelming amount of data is available at regular intervals – the challenge is to determine what factors are more influential than others. Interest rates and international trade ratios are typically the most important.

>> Trade Forex 24-Hours a Day
Forex trading is a window to the world economy. Trading starts on Sunday at 5:00 PM Eastern Time with the opening of the markets in Singapore and Sidney. A couple of hours later, the Tokyo market is open. Next is London, which opens at 2:00 AM Eastern Time on Monday. And by the time the day catches up to New York, the world currency markets have been at work for fifteen hours. You determine the timing of your trades, instantly reacting to any news or market pressure. Trading stocks when the U.S. markets are closed is not easy and does not provide much liquidity. With forex, you can trade 24-hours a day in the largest and most liquid market in the world.

ForexGen customer satisfaction is our major objective. To reach our business goals, we strive to put our client's goals in focus. We highly value our clients and always aim to exceed their expectations and cross the limitations encountered by the sophistication of the Forex trading industry.

The ForexGen's provided services are all restricted and regulated by the international banking and financial regulatory standards. All our provided activities are supported by creativeness and modernization. Ambitious & motivated employees are working simultaneously to protect the customer's confidentiality. ForexGen is continuously providing the market's most competitive conditions.

ForexGen complies with the trade commissions in the USA, EU and Australia. Being registered by the commercial authorities in 18+ countries, we adhere to the United Nations Commission on International Trade Law (UNCITRAL).

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.

• Claim Your Bonus
• Live Account Contest
• Demo Account Contest
• Refer A Client
• Scalping enabled Account