Forex | Snap To See How to Trade

Understanding Forex Day Trading

2009-12-25T05:09:00.000-08:00

FX is an open market for trading foreign exchange where money itself is bought and sold. 'Forex day trader' is in general referred to as simply the normal FX trading. Very less difference can be seen. In general cases forex day trader is a person who makes several trades in a day, buying and selling a number of currencies.

They are people who try to increase there profits by taking advantage of the small increase in the currency values. A forex day trader is similar to the stock market trades except that in the forex day traders trade currencies and not stocks. The major advantage of a forex market over stock market is that instead of forex day traders investing and waiting for many years for there stock values to increase, here they just see there currency values increasing and decreasing over time. This allows them to make several trades within a day.

Forex day trading allows forex day trader to open an account for themselves for as less as 250$. The amount that is needed to open an account varies from one company to company. There are several agencies that have brokers mediating a firm or an individual to the market. Brokers are people who educate individuals and firms to work there way through the market. The work of a broker is to help forex day traders to get through the market without suffering much loss.

Only after the internet FX trading becoming so popular, was there an opportunity for even commoners to trade. Until then only co-operate firms and large financial institutions was able to trade in the forex market. Forex now has become so simple that certain traders have taken it as a hobby. With the help of the vast number of software's available they are able to predict the changes in the market and make alterations in there trade accordingly.

Strategy To Make Money Off The FX market

2009-12-25T05:00:00.000-08:00

Trading The FX market can be a lucrative way to make money if you have a firm understanding of what you are doing. The Foreign Exchange Currency Market also known as FOREX, is one of the largest financial markets in the World, and the great thing about it is that it is not heavily regulated or controlled by any major institution, in turn allowing the ordinary person to make money off the FX market if they are properly educated.

The FX market operates 24 hours, 6 days a week and is extremely liquid so it is well suited to intraday and swing traders who are looking to make quick profits in a short timeframe.

However the truth of the matter is that even after most new traders have educated themselves on how the FX market works, they still struggle to make money and eventually become part of the 90% of traders who lose money in the world of Forex. You see trading the FX market is not that simple, and to become profitable you must gain a competitive edge over the competition, and in order to do so you must be an expert or become one fast if you wish to succeed.

A smarter and more efficient way to make some money off the FX market would be to follow in the footsteps of the experts who have already figured out how the market works and developed their own profitable systems to trade the FX markets.

Foreign Exchange Online Trading

2009-12-25T04:53:00.000-08:00

To become a Foreign exchange participant, you should at least read a book, if not take a course. Because real money is involved here, you must proceed with utmost caution.

Many Foreign exchange investors sign up with Foreign exchange related websites to receive newsletters, advice, and to keep up with currency trends. Some investors even sign up to receive trends on their phones and PDA's to stay in the game.

The good news is that you have the opportunity to practice with play money before you put any of your hard-earned cash through the Foreign exchange market. When you sign up with a brokerage firm that offers the option to trade online, you can use play money to test and understand the software.

You can use this valuable opportunity to put your research to the test by trying out different trading methods to see if your predictions and analyses are correct. While the money may not be real, the conditions are, which allow you a stable playground to learn and adapt to the Foreign exchange market.

The Ultimate Trader Champion

2009-12-16T07:50:00.001-08:00

Win Cash Prizes

ForexGen has the pleasure to announce the launching of the ultimate trader champion on the first of every month.

Interested clients who wish to participate in this event shall send an e-mail request on 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 ForexGen demo account login information which will be used in the trading contest.

This Forex contest for the current month will starts on Sunday 20-12-2009 at 10 pm GMT and ends on Thursday 31-12-2009 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

ForexGen is Giving You Cash This Christmas

2009-12-15T05:28:00.000-08:00

There aren’t many Forex promotions like this one, but then again there aren’t many Forex Brokers like this one.

Get a 25% cash back straight into your trading account, on any deposit you make up to $100,000, during the month of December OR get free rebates also during the month of December and next 3 months that you will get $ 1 for each closed mini lot and $ 10 for each closed standard lot.

ForexGen knows what traders are looking for, Simplicity, Security and Safety. That’s why the majority of our traders use our services again and again.

We offer 24/7 hour support and a personal account manager to all of our traders.
We offer training and education resources.
We send our traders daily Market Reviews by email each day.
We send the latest trading signals by email.
And we don’t charge fees or commission.
Free hedging activities.
Free Signals, Charts and news.

Register with ForexGen to start trading Forex and we’ll look after the rest.

For more information about Christmas at ForexGen email us at Operations@forexgen.com

Why Your Forex Trading Strategy Should be Excellent

2009-01-12T15:13:00.000-08:00

Said to be one of the largest exchange market the Forex market is also gaining popularity. The possibility of earning large profits adds to the traders appeal. Although trading in this market is not easy, it can be, provided one understands the Forex trading system. Even a planned investment can many times take a wrong turn. The investor has a bad day even after planning his actions. Nevertheless, this is of little concern to the Forex trader. Every trader in the Forex market knows that to keep the losses at a minimum the trader will have to use the trading signals and this can be done only and when the trader uses the Forex trading system. In this way, he will learn to survive the volatile investment market and brave investing again. The Forex trade allows the traders to conduct their trade in a rather emotionless manner. This is because the pre-determined guidelines that form the system make it an easy task.

Executing his actions is now easy as there are fixed price levels of initial stop loss and trailing loss. Apart form this there already exists a computed price profit, which is projected in the trader’s interests. This in built system of computation allows the trader to know what his level of loss or profit is and even the risk to reward ratio before he even begins to trade for the day. Using the trading system the trader plans his trades and makes a profit if he trades correctly. But on the other hand if the trader makes a wrong move and is more likely to make a loss than a profit then the Forex trading system will show the trader that he is making a wrong move. In this way the trader is able to move out of the situation quickly and the huge losses he would have otherwise incurred is no more a worry. Trading in this way is very safe and the trader is warned when he makes a wrong move. The Forex trading comes under the day trading, meaning the investors buy and sell their securities or they open and close their markets on the very same day. There are many traders who believe that the day trading system is not worthwhile and does not give it much importance.

When you want to check the Forex trading system as an option, what you can do is review this trading system by finding out how other Forex traders like it. You can easily ask the existing Forex traders their trading experience and how they like it via the trading system. Trading forums are another way of receiving reviews about the Forex trading system. As there are a number of forums, you will have no difficulty in getting the information you require. However many professionals feel that day trading is quite profitable though it is not the easiest way to trade. If this wasn’t a profitable method of investing then how does one explain the large number of day traders who earn their income solely from this source? Therefore, if you wish to be part of any system that relates to day trading then it is necessary that you have sufficient knowledge about the Forex trading systems. Many sites let you in on the secrets of Forex trading. These sites provide you with Forex Strategies, Forex techniques and all other information that you may be in need of.

A number of tools, information and techniques are made available so that the Forex trading is made easy. Additionally these sites provide the facility of online Forex trading. There are sites that provide free online trading. This is extremely helpful for day trading as the trader can be up-to-date with the changes in the market. No matter whether you are interested in day trade or swing trade as long as you have a good trading system in place. These systems should help you conduct your trade in a safe manner and ease your trade. In this way, you can make the most of your investments and have the chance to increase your profits and reduce the losses. Knowledge of the Forex Trading System will help you even in your other day trading endeavors.

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[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 Trend Following

2009-01-12T15:05:00.000-08:00

Using Breakouts Huge Profits

The most lucrative form of trading is locking into and following long term trends in forex that can last for months or years. Most traders have no idea how to profit from forex trend following so we will show you how to do it in 5 simple steps.

1. Be Selective
The first point to keep in mind is that the big trades don’t come around very often so you need to be patient and selective. You don’t get rewarded for trading frequently; you get rewarded for being right.
You can trade less than a dozen times a year and make triple digit gains, if you pick the right trades. So don’t be tempted to get in the market for the sake of it be patient.
2. Watch Breakouts
Forget buying low and selling high – most great trends start from new market highs and you have to be ready to buy these breaks.
If you wait for a pullback you will simply miss the best trends, because when a new trend breaks out - it moves quickly.
The best risk/ reward is offered on the these breaks. Most traders can’t buy breakouts, as they want to buy at a lower better price and wait for a pullback and they never get in and miss the trade.

3. Use a Simple System
To trend follow and catch breakouts you don’t need a complicated system.
All you need to understand are basic trend lines and the concept of support and resistance and that’s it.
A simple forex trading system is best, as it’s easy to understand and easy to apply – if you complicate your system, it will be less robust and will have too many elements which will break in trading.
All the best forex trading systems are simple and yours should be to.

4. Trade Valid Support and resistance only
Keep in mind, you only want to trade breaks that are considered important by the market.
This means that levels have been tested several times, in at least two time frames, preferably a few months.
When these levels are broken, chances are there are stops behind the level wating to be hit and new trend followers waiting to kick in which will accelerate the price trend.

5. Confirm – Confirm – Confirm!
Make sure that any breakout is confirmed by momentum oscillators – this will ensure you filter out false breakouts.
If you are not trading with price momentum, you’re not trading the odds and you won’t win – period.
Only take breakouts confirmed by a rise in price momentum.
We don’t have time to discuss the indicators to use here - but look up: RSI, ADX and the stochastic, as a good place to start.

6. Accept Short Term volatility
Breakout trading can see huge volatility after the initial breakout has occurred, don’t be tempted to move your stop to quickly WAIT.
You’re trying to catch the big trends so accept that you will see counter moves eat into your profits by several thousand a day.
If you want to catch the big trends and make $10, $20, $30,000 or more - accept the drawdowns in the short term and keep your eyes on the bigger prize if you dont you will be stopped out early and miss the big profit you were aiming at.
So there you have it.

A simple, logical system, that can and will pile up huge profits in under an hour a day.
You won’t have to spend much time on this system and you won’t trade very often – but you will make a lot of money and that at the end of the day, is what forex trading is all about.

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Win at Forex Trading

2009-01-12T14:48:00.000-08:00

The Major Problem You Must Confront To Enjoy Success

There is one problem that most forex traders fail to come to terms with and lose and its operating in an unstructured environment – this is the major underlying reason traders lose, so lets it explain it and its significance in more detail.
In normal society we confirm to rules and laws they govern our lives and those of our fellow citizens, were used to them and we conform to them.
When a forex trader trades, he has to operate in an unstructured environment and create his own rules to live and survive by.

This sounds easy enough to achieve, however nothing could be further from the truth – it’s very hard and most traders simply can’t achieve it.
Let’s take a closer look at the problems associated with operating in an unstructured environment.
1. Taking Responsibility For Your Actions.
This means taking charge of your destiny and most people simply cannot accept this responsibility.
They want the comfort of having someone to hold their hand and blame if thinks go wrong.
Problem is if you don’t accept responsibility, you won’t win - no one else will make you rich in Forex trading, you’re all on your own.

2. You Have To Create a Set of Rules to Survive
The market which you confront is all powerful, it moves as and when it wants – it’s always right and you can only be wrong .
Again, this causes major psychological problems for traders – we all hate being wrong, but in this instance you have to accept the market is right ALL the time, if you don’t you will run loses and the market will destroy you.
Most traders get frustrated and break their rules, or create a new set as they lose and end up chasing their tail. If you create rules you must have the discipline to apply them and most traders simply lack the mindset to do this.

3. The Work Ethic Does Not Apply
Most people try and overcome losses with a higher work rate.
After all the more you put in the more you get out. They assume if they acquire more knowledge or trade more often, their profitability will increase but the markets won’t reward effort.
You get your reward for being RIGHT and that’s it in forex trading, not the effort you put in.

4. Forex Traders Need To Be Anti Social!
We don’t mean you have to be rude to anyone - but you need to keep yourself to yourself and stay away from the pack and its opinions when trading forex.
Remember 95% of forex traders lose!
We find this uncomfortable.

After all, were pack animals and since stone age times we have sought comfort and belonging with others of our species. When we go against the majority opinion, we feel uncomfortable, as were simply not used to it.

Operating in the forex markets is far harder than many people think and most traders are simply unprepared for the mental problems that it confronts them with.
You will hear often that it is mindset more than method that contributes to success in the markets and its true.
If you have ever wondered why traders find it so hard to trade with discipline, this article may have helped you see why and given you an insight into what you need to do to achieve currency trading success.

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Making Profit in the Foreign Exchange Market

2009-01-12T14:39:00.000-08:00

The currency fluctuate continuously due to reasons such as political, economical reasons, sometimes the changes could be extremely great, therefore, the Forex traders also can have the opportunity in among which makes a profit. For example, the Japanese Yen daily fluctuation is probably between 0.7% to 1.5%, Forex traders may make profit through buying and selling.

All trading could be completed in a short time, the trading strategy could be carry up according to the market conditions, it is extremely flexible, even if the direction looks wrong, the lost could be stop immediately, the lost could reduce but profit potential is still great. Therefore, the Foreign Exchange margin trading is the most flexible and the most reliable investment method.

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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.

MAKING TREMENDOUS LONG TERM PROFITS IN FOREX MARKETS

2009-01-12T14:23:00.000-08:00

When 95% of traders lose money, what makes you think you can win? To see your chances of succeeding as a Forex trader, here is a checklist for you to see and become one of the elite traders, who make tremendous long term profits.
Following are a few ways to lose money. You may wish to change your mind immediately if you are thinking of trying any of them. Do this to avoid losses and continue your Forex education!

1. Following a Forex Robot with Simulated Gains - You can apparently achieve success without any effort as promised by these. You are asked to accept their track records simulated going backwards. Your equity will get destroyed by trying them.

2. Day trading and Scalping - Due to the short term volatility, simply doesn't work. Like robots, even people selling these always have simulated track records.
Many more of these all fall into the category of trying to find someone else to give you success. This does not work in Forex markets.
Apart from needing a trading edge, you also have to understand ways and reasons of it leading you to success. Let's look at this in detail.

The combination of a simple robust helping you to understand and trade with discipline is what Forex trading is all about. Success comes from within.
You need to know what you are doing to trade with discipline. This translates into having confidence, which you definitely don't get from someone telling you what to do. You get confidence by your own knowledge and learning.

As you have to keep executing trading signals through losing periods, discipline is hard. This has to be continued till you hit a home run, even when the market is fooling you and taking your money. What separates out your Forex trading system from the 95% losers is your trading edge. You can ask what is your trading edge and how will it help you beat the majority? You don't have one if you don't know what it is.

Few succeed in simple looking Forex trading. These elements are present in the winners Forex trading strategy: Using simple robust Forex trading system - Having solid grounding in the basics of Forex trading - Knowing exactly why their system will lead them to success - Having confidence and discipline to stick with their plan - Knowing only they are responsible for their Forex trading success.

You have to stand alone, be confident of your actions and be disciplined to follow your plan in Forex trading
Sounds simple, however it is actually dependent on your approach to Forex trading - with the right mindset and getting the right education. The trader beats his or her self, rather than the market beating the trader in Forex trading. Learn the basic fundamentals, get a suitable system, become confident, get an edge and be disciplined. Do all of these to enjoy currency trading success.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. [ForexGen] offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

Why Currency Trading is a Wise Investor’s Game

2009-01-08T14:16:00.000-08:00

Currency trading like stock trading is a speculation business. If you can study and predict currency trends well, then you can make a lot of money through currency trading. Other terms that are used for currency trading are Forex, FX and foreign exchange. In currency trading, the trader buys a currency by selling another currency; so buying and selling occurs simultaneously. Currency trading is one of the biggest markets of equity trading. The lifeline of currency trading is currency trading news; one should be constantly watching the market to make profit and to avoid loss. Timing is another crucial aspect of currency trading. The trader should know when to buy and when to sell currencies and it is forex news that helps the trader in making well-informed currency trading decisions.

As compared to stock market, currency trading has relatively lesser regulations. When the trader invests in a particular currency, he or she hopes that the value of that particular currency will increase in the near future. On the other hand, the trader may also try to sell a particular currency when he or she feels that the selling currency has reached the peak and selling at that point will bring in good profit. Since buying and selling happens simultaneously, when the trader sells a currency to make profit, he will have to buy another currency and often the currency whose value is currently lower but that has a potential to increase is bought.

Like in stock trading, the trader should be highly disciplined while trading. When the value of a certain currency increases, the tendency is to wait for long. Waiting for too long can also be at times detrimental because currency market is a highly volatile market and hence highly unpredictable. So when a certain percentage of profit is attained, the trader should try to switch to other currencies that are becoming stronger.

To enter into currency trading one should understand global economics well. You should be able to make ‘currency sense’ out of various unconnected events of the world to the forex market. The world is shrinking fast and what happens in one corner of the world affects the other parts of the world more than ever before. This makes forex trading even more volatile. Therefore, it is not enough to pay attention to the local market but one should also keep a close watch on the global happenings and global currency market news.

If you are tired of the trading costs involved in stock trading, then currency trading is an ideal alternative. Currency trading involves lower trading costs. With the advent of the internet, real time online trading is possible and this has attracted thousands of investors. Moreover, now you can access forex news much faster than before using online sources. You can gain access to forex news instantly through a wide variety of regularly updating forex news websites.

[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.

Free Forex Trading System - A Simple One That's Proven and Made Millions

2009-01-08T14:10:00.000-08:00

Enclosed you will find a free Forex trading system with one rule which is simple and has made savvy traders huge gains for over 25 years. Let's take a look at how you can use it for bigger Forex gains...

Of course you can buy a forex trading system but most sold are junk and only have simulated back tested results - this one on the other hand has made gains for over 25 years and will continue to do so.

The system was devised by one of the trading greats - Richard Donchian who is considered the grandfather of modern trend following and his insight on channels and the 4 Week Rule (the trading system below) are two methods all traders should know about.

Let's take a look at how it works and it's based on one simple rule, here it is.

Buy a new 4 week high and hold the position, until a 4 week low is hit then liquidate the long position and go short. Keep doing the following - buy new 4 week highs and sell new 4 week lows thereafter and always keep a position in the market.

You can't get a much simpler system than the above and you don't even have to think about what to do, the rule is clear and objective, you can simply follow it and it works; here's why.

Forex markets tend to trend for long periods and these trends can be for many weeks or months. These trends tend to start and continue from new market highs or lows, so this system will put you in on every major trend and help you get a good chunk of the profits.

Don't worry about its simplicity - forex markets are best suited to simple, robust systems. The trader who complicates his trading strategy normally will see it fail, as it has too many elements to break.

While the system is simple and works, most traders can't follow it.

It takes tremendous discipline to follow long term trends and they prefer to use shorter term systems which make them feel better or safer - but of course don't work. They also follow for the myths perpetrated by vendors, that you don't get drawdowns in Forex - but you do, even the best systems have them. You have to trade through them, learn to take short term losses and look at the big picture which is longer term gains.

This system will never go out of date and is simple to understand, it also doesn't take long to operate about 15 - 30 minutes a day and the rule tells you exactly what to do.

If you are looking for a long term Forex trading system that's proven, rather than a simulated one which has never been traded and won't work, then check out the free Forex trading system which is the 4 Week Rule and you maybe glad you did.

[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 Trading Success - Learn These 3 Points and Success Can Be Yours!

2009-01-08T14:04:00.000-08:00

If you want to enjoy Forex trading success then you need to pay attention to the 3 points enclosed, each of them is essential to making big profits so lets take a look at them...

The points we are going look at struck me when I was reading about how trading legend Richard Dennis taught a group of people with no trading experience at all, to trade in just 14 days.

They went on after their training, to make hundreds of millions of dollars in their trading careers and many still trade today.

This group learned quickly and while they had a good tutor, the three points that stand out for success from their story are these.

1. Simple Systems Work Best

The system was essentially simple and was a long term, breakout, trend following system. Anyone could learn it and while it was simple that's why it worked.

All the best systems are, as they are more robust than complicated ones, with fewer elements to break, they are also easier to understand and have confidence in.

So keep your trading method simple and robust to win.

2. Money Management

The key to success in Forex and other leveraged markets is to make sure that you defend what you have, any successful Forex trading strategy is based on sound money management.

Dennis applied to the system strict rules that had to be followed in terms of money management. In fact, the system had far more losers than winners but because they were kept small, the gains when they came more than compensated for the losses.

Any trading system will take losses and you need to get used to this and make sure you cut them quickly with objective money management rules. Don't ever believe the myths you see online about losing periods not occurring, even the best systems lose for weeks on end and you have to trade through them which leads to my next point.

3. Confidence and Discipline is the Key

All the traders that Dennis taught found the system easy to learn - but found the hard part applying it with discipline and sticking with it. This is hard for all traders.

We don't like losing, as it hurts our egos and our emotions try and get involved but if you deviate from your system, you don't have one!

You must have the discipline to trade through losing periods, until you hit a home run.
You don't just get discipline - this comes from the right Forex education, self knowledge and confidence in what you are doing.

Get on the Road to Profits!!

You have seen that Forex trading is a learned skill in this article and you can win but you must pay attention to the points we have covered - but if you do Forex trading success can be yours.

[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 Trading Tip - This Tip Can Increase Your Profits Instantly

2009-01-08T13:55:00.000-08:00

I have taught or acted as broker for around 6,000 traders and from my experience, in my own trading and watching others, there is one simple tip you can incorporate in your Forex trading strategy which will increase your gains and here it is...

It based on the 80 - 20 rule which is used in many areas of life and in business for example the rule states 80% of your sales and profits, are likely to come from just 20% of your clients and in Forex it means this:

80% of your profits, are likely to come from just 20% of your trades and the fact is most traders' trade to much!

They make the following assumptions which are completely wrong and lose:

They want to trade the short term noise and try day trading and scalping - but as all volatility is random they lose.

Other traders want to be in the market all the time, in case they miss a move but you don't need to be in the market to spot a move, you can wait and see it then act and this puts the odds on your side.

Other traders simply think the more effort they put in and the more trades they make, will mean the market will reward them with profits - but this is simply not so.

In Forex trading, you don't get rewarded for effort, you get rewarded for being right with your trading signal and that's it.

An Easy Stress Free Way to Make Triple Digit Gains

I know traders who trade less than once a month and make triple digit profits, because they wait for the best opportunities and focus on making money - they dot work hard they know the way to make money is to work smart!

Look at any Fore chart and you will see big trends and these are the ones to lock into and hold, there is no point in trying to force the market to give you profits, Forex trading is simply not like that.

You need to have the patience to wait for the right opportunities and then hit them hard, when you see them; it's as simple as that.

So if you want to win on more trades, make bigger profits, in less time, with less stress - Think about the 80 - 20 rule and you can get on the road to currency trading success!

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Economic Releases

2009-01-07T13:34:00.000-08:00

One should probably not use technical strategies to enter trades right around important economic releases such as the employment report.
Key levels of support and resistance will still come into play, after the fundamental data has played itself out in the market - but the short term technicals will hold little relevance.

Among the advantages to the retail fx trader in trading off fundamental data is that the information is readily accessible through sources such as Bloomberg and Reuters, and that the retail trader can actually act faster than the banks and hedge funds.

The impact of major economic news can take some time before it has finished impacting the market, and the day trader can use this to their advantage - benefiting from the momentum generated by the order flow of the bigger players.

The best opportunities are created when the news comes out way off expectation and the market scrambles to correct itself. This can happen quite frequently with releases such as the nonfarm payrolls part of the employment report.
For a good exit to a trade entered based on fundamentals, the trader should look to a significant technical level.

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

[ForexGen Adcademy]
Get your Forex education
through ForexGen Academy
and acquire the chance
to master your trading skills.

Mulyi Terminal
[ForexGen] released it's new
platform that's designed to
manage multiple accounts to
be used by Money Managers
and Introducing Brokers.

Inside Day Breakouts

2009-01-07T13:27:00.000-08:00

An inside day is one where trading is contained within the trading range of the previous day.
The volatility breakout strategy entails entering a trade on a stop order above or below the range that has been previously trading - with the expectation that since a breakout has occured price will continue to move in that direction.

Volatility breakout systems are based on idea that if the market moves a certain percentage from a previous price level, the market is likely to see follow through in that direction. In this scenario you are looking for a continuation of the move based on momentum.
One should look for a series of inside days to implement this strategy, and the greater the number of inside days that transpire, the higher the probability of a breakout.
Also, the longer the timeframe used, the stronger the breakout opportunity - hourly and daily timeframes are the best to use.

This strategy is also best used with pairs that see tighter ranges - these are typically the crosses - currency pairs that do not have the USD as part of the pairing such as the EUR/GBP and the EUR/CHF.

Inevitably there will be false breakouts, as the interbank dealers try to trigger the stop orders just outside the breakout levels.
In order to avoid being caught in a false breakout situation, enter your trade with a stop order at least 10-15 pips above the breakout level - meaning the levels above or below the trading range depending on whether the market is breaking out to the upside or downside.
(In case you are not clear on this - a stop order is one that is placed above or below where the market is currently trading and becomes a market order when the market touches the price where the stop was entered. A buy stop is placed above the market and a sell stop is placed below.)

Again one can look to the ADX as an indicator to whether the market is still range bound or beginning to trend one way or another.
Stay away from inside day breakout trade if the ADX is below 20 and trending downward.
The breakout strategy is valuable in that it teaches the trader to do something that is normally counter intuitive - that is to buy the high or sell the low. Novice traders are more likely to try to pick tops and bottoms.
Often the breakout will occur in a fast moving market, making decisiveness even harder. However, if your strategy is in place and you have identified the opportunity, you will be ahead of the game.

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Important Psychological Levels

2009-01-07T13:21:00.000-08:00

FX day traders should be able to identify price areas where large order flows will be triggered through the interbank market, and take advantage of the moves that are created by them.
Such levels include major areas of support and resistance on the daily chart and also round numbers such as double zeros - for example EUR/USD 1.2700.
Careful placement of stop loss and profit target orders enables the trader to execute trades with a strongly positive risk/reward factor.

For example, one might place a stop loss of 15 pips from the level and a profit target of 50 pips on the other side if you are attempting to profit from a bounce at such a level.
One should note that stop loss orders are normally placed somewhat beyond the key round figure numbers and profit taking orders are normally right at the key levels.
Attempting to catch a rebound off a major level is best executed when there are other technical factors supporting the rebound. For example if the market had been trading below its 20 period Simple Moving Average (SMA) prior to reaching the key level, this would support the decision to attempt to catch a rebound at that level.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. [ForexGen] offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

US Dollar Index

2009-01-07T13:15:00.000-08:00

The US Dollar Index (USDX) is a futures contract offered by the New York Board of Trade. It is a trade-weighted average of six foreign currencies against the dollar. Currently, the index includes euros (EUR), Japanese yen (JPY), British pounds (GBP), Canadian dollars (CAD), Swedish kronas (SEK) and Swiss francs (CHF).

USDX broadly reflects the dollar's standing compared to the other major currencies of the world. It is widely used to hedge risk in the currency markets or to take a position in the US Dollar without having the risk exposure of a single currency pair.

The US Dollar Index allows the fx trader a feel for what is going on in the FX market globally at a glance. If the Dollar Index is trending lower, then it is likely that a major currency that is a component of it is trading higher.

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Forex Trading Strategies

2009-01-07T13:10:00.000-08:00

Successfully trading the forex market on an intraday basis requires precision and a very careful selection of trades.
The enormous scope of the trillion dollar, 24 hour, globe spanning fx market presents a myriad of opportunities for the short term trader - however a day trader in this market must be aware of certain inherent factors to overcome.

Firstly, the bid ask spread in the fx market, normally at least 3 pips, makes trading on the shortest timeframe - in and out within seconds - very difficult.

The daily ranges can be very wide among certain currency pairs, presenting many opportunities for the day trader - however I feel that the intraday forex trader should look for specific technical and fundamental conditions before entering trades.
Secondly, due to the fact that there is currently no centralized exchange in the forex market, traders lack data on volume and open interest (the number of active contracts for a given security over a given time period)- important sources for traders in other markets - which causes a necessary shift in focus to other technical and fundamental factors.

While interbank dealers are able to see the order book and use this to their advantage, the retail fx trader can exploit their ability to react faster, and also with the knowledge that their trades will not move the market, as the trades of the larger institutions will.

The CME and Reuters are planning to launch a trading platform for fx in Q1 2007 - using CME trade matching and clearing technology - this will address the issues mentioned above (ie the spread will be tighter, you will be able to see volume etc.) and it will be interesting to see whether they can attract the liquidity and create a successful marketplace.
While both technical and fundamental analysis are important to the forex trader, we will begin with a focus on technicals.

[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.

Interest Rate Risk Exposure

2009-01-06T11:58:00.000-08:00

Interest rate exposure refers to the interest rate differential between the two countries' currencies in a foreign exchange contract. The interest rate differential is also roughly equal to the "carry" cost paid to hedge a forward or futures contract. As a side note, arbitragers are investors that take advantage when interest rate differentials between the foreign exchange spot rate and either the forward or futures contract are either to high or too low.

In simplest terms, an arbitrager may sell when the carry cost he or she can collect is at a premium to the actual carry cost of the contract sold. Conversely, an arbitrager may buy when the carry cost he or she may pay is less than the actual carry cost of the contract bought. Either way, the arbitrager is looking to profit from a small price discrepancy due to interest rate differentials.

[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.

Foreign Exchange Rate Risk Exposure

2009-01-06T11:49:00.000-08:00

Foreign exchange rate risk exposure is common to virtually all who conduct international business and/or trading. Buying and/or selling of goods or services denominated in foreign currencies can immediately expose you to foreign exchange rate risk.

If a firm price is quoted ahead of time for a contract using a foreign exchange rate that is deemed appropriate at the time the quote is given, the foreign exchange rate quote may not necessarily be appropriate at the time of the actual agreement or performance of the contract. Placing a foreign exchange hedge can help to manage this foreign exchange rate risk.

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Why Hedge Foreign Currency Risk

2009-01-06T11:39:00.000-08:00

International commerce has rapidly increased as the internet has provided a new and more transparent marketplace for individuals and entities alike to conduct international business and trading activities. Significant changes in the international economic and political landscape have led to uncertainty regarding the direction of foreign exchange rates. This uncertainty leads to volatility and the need for an effective vehicle to hedge foreign exchange rate risk and/or interest rate changes while, at the same time, effectively ensuring a future financial position.

Each entity and/or individual that has exposure to foreign exchange rate risk will have specific foreign exchange hedging needs and this website can not possibly cover every existing foreign exchange hedging situation. Therefore, we will cover the more common reasons that a foreign exchange hedge is placed and show you how to properly hedge foreign exchange rate risk.

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

[ForexGen Adcademy]
Get your Forex education
through ForexGen Academy
and acquire the chance
to master your trading skills.

Mulyi Terminal
[ForexGen] released it's new
platform that's designed to
manage multiple accounts to
be used by Money Managers
and Introducing Brokers.

Forex Broker Do I Really Need One

2009-01-06T11:30:00.000-08:00

Being involved in the Forex market you may have heard the term Forex broker many times before. But do you really know what this individual does or what it means? A Forex broker is one who assists not only traders and firms, but also individuals involved in the Forex market. The Forex broker's assistance can be in providing information or may be actually trading for the person or company they are representing. A Forex broker does charge a fee for any services they provide, depending on which one it is.

A list of services that a Forex broker can provide can range from general advice to real time quotes to news feeds. There are different ways that these brokers can give advice. Some Forex brokers use their own personal experience and understanding. While others rely on software to provide the information their service provides.
There have been some advantages and new benefits allowed for Forex brokers and the Forex market since the Internet has evolved. Because of this the individual Forex broker can better provide accessibility to the Forex market, impossibility in previous years. This meant that only banks or large financial institutions would have any access to the Forex market.
There has been a huge growth since then of Forex brokers, which can make it hard to choose, especially for beginning or new traders to the market. The best advice when looking for your Forex broker is to get as many referrals and recommendations as you can. This can better help you decide in finding a reputable and competent Forex broker.

In the instance where you cannot get a referral or recommendation, it is up to you to do your own thorough and careful research. You should find out the amount of trades they are conducting and with how many clients. Of course you should also find out the Forex broker's amount of experience. The most important thing to look for in your own research is a Forex broker who has learned by experience over several years and has the right amount of instinct to give the right advice. Of course you should also examine what kind of services and what variety they provide, such as mini accounts, market intelligence, market analysis, news feeds and real time quotes.
When deciding if you would like to use a broker or not, you need to take all advantages as well as disadvantages into consideration. This is a personal decision, one in which referrals and recommendations are highly recommended when looking, or at the very least extensive research on your part. Choosing the right Forex broker, in the end, can make the difference between success and failure in the Forex market.

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Client Services

Customer Support
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What are Hedge Funds

2009-01-05T14:27:00.000-08:00

In the securities world, the term "Hedge Fund" does not necessarily imply any use of "hedging" as commonly understood; for example where commodity traders use options to "hedge" a commodity position. Presently, in the securities world the term "hedge fund" refers to any type of Private Investment Company operating under certain exemptions from registration under the Securities Act of 1933 and the Investment Company Act of 1940. "Hedge Funds" are often referred to as "alternate investment vehicles" and are tailored to the needs of sophisticated, high net worth private investors.

A Hedge Fund is generally structured as a limited partnership having a general partner responsible for the investment activities and day-to-day operation of the fund, and limited partners who are the investors supplying capital but not participating in trading or operations of the fund. The limited partners have limited liability. That is, their exposure to loss is limited to their investment. The General Partner has unlimited liability and is liable for the activities of the partnership. The General Partners principals limit their liability through the use of a corporation or limited liability company as the General Partner.

(Of course, the principals cannot limit their liability from the application of the anti fraud provisions of the Federal Securities Laws.) All of the investors' capital is pooled and is utilized by the General Partner or Investment Manager to implement its trading or investment strategy.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. [ForexGen] offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

Hedging In The Forex Market

2009-01-05T14:20:00.000-08:00

The Forex and the stock market have some similarities, in that it involves buying and selling to make a profit, but there are some differences. Unlike the stock market, the Forex has a higher liquidity. This means, a lot more money is changing hands everyday. Another key difference when comparing the Forex to the stock market is that the Forex has no place where it is exchanged and it never closes. The Forex involved trading between banks and brokers all over the world and provides twenty-four hour access during the business week.

For those who are not familiar with the Forex market, the word "hedging" could mean absolutely nothing. However, those who are regular traders know that there are many ways to use this term in trading. Most of the time when you hear this phrase it means that you are trying to reduce your risk in trading. It is something that everyone who plans to invest should know about. It is a technique that can protect your investments to some degree.

While hedging is a popular trading term, it is also one that seems a little mysterious. It is much like an insurance plan. When you hedge, you insure yourself in case a negative event may occur. This does not mean that when a negative event occurs you will come out of it completely unaffected. It only means that if you properly hedge yourself, you won't experience a huge impact. Think of it like your auto insurance. You purchase it in case something bad happens. It does not prevent bad things from happening, but if they do, you are able to recover a lot better than if you were uninsured.

Anyone who is involved in trading can learn to hedge. From huge corporations to small individual investors, hedging is something that is widely practiced. The manner in which they do this involves using market instruments to offset the risk of any negative movement in price. The easiest way to do this is to hedge an investment with another investment. For example, the way most people would deal with this is to invest in two different things with negative correlations. This is still costly to some people; however, the protection you get from doing this is well worth the cost most of the time. When you begin learning more about hedging, you start to understand why not many people completely know what it is all about. The techniques used to hedge are done by using derivatives. These are complicated instruments of finance and most often only used by seasoned investors.

When you decide to hedge, you must remember that it comes with a cost. You should always be sure that the benefits you get from a hedge should be more than enough to make it worth your while. You should make sure the expense is justified. If it is not, then you should not hedge. The goal of hedging is not to make money. You will not make large gains by hedging yourself. You have to take some risks in order to gain. Hedging is intended to be used to protect your losses. The loss cannot be avoided, but the hedge can offer a little comfort. However, even if nothing negative happens, you will still have to pay for the hedge. Unlike insurance, you are never compensated for your hedge. Things can go wrong with hedging and it may not always protect you as you think it will.

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Is a Hedge Fund Job Right for You

2009-01-05T14:13:00.000-08:00

Hedge Funds Brief Overview

Most hedge fund companies vary in their overall size, ranging from just a handful of employees to into the hundreds. Many of the smaller hedge funds are run very much like a small business, with a corporate culture that is typically driven by the CEO, owner and/or hedge fund manager.

The hedge fund manage is typically in charge of the entire operation and may have in many cases started the fund as well. They manage these processes:

Managing the Portfolio and Accounting Operations

Hiring/Firing Hedge Fund Personnel

Making final Trade Decisions

Monitoring Portfolio Risk

Hedge Fund Job Opportunities

The individual contributor roles may swing widely from one hedge fund job to another – as in investment banking, an individual who started out as a regular trader will in many cases have a similar position in a hedge fund.

In a smaller hedge fund your hedge fund job may have different responsibilities which is typically driven by the size of the actual fund. At a small fund, the traders will be involved with the operations of the trade. In a larger hedge fund there will usually be a an assigned operations person or even department that takes care of these functions.

Working at a hedge fund job is not like working at an investment bank or even a mutual fund. The vast majority of hedge funds don’t have a large human resources, marketing or operations staff. Many of these tasks are handled by the actual hedge fund manager. As a result, the manager is usually very busy and the hedge fund employees are expected to pick up the slack and even assist with interviewing new employees, working on marketing projects and even helping out in an operations capacity when need be.

[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.

Why Invest in Hedge Funds

2009-01-05T14:08:00.000-08:00

Hedge funds are expected to offer profit potential in both rising and falling markets.

They are usually less highly regulated than traditional funds.

Prior to investing in this type of fund, it is vital to have a basic understanding of the characteristics of the different Hedge fund strategies. Our site, Wealth Capfund provides you all possible strategies for a safe investment.

1. Long/short or Hedged Equity Strategies: This is considered to be the largest category of hedge funds in terms of numbers.

2. Relative value strategy: These funds are often considered as market neutral since there is little or no market related element to their returns.

3. Event Driven Strategy: It seeks to anticipate and profit from price movements that arise from specific corporate events, such as take over and mergers.

4. Tactical Trading Strategy: These are the highest risk of all hedge funds as a sector.

These strategies are not as easily accessible. Most often, hedge funds are set up as private investment partnerships legally that are open to a limited number of investors and need a very large initial minimum investment. Investments made in hedge funds are illiquid since they require investors to keep their money in the fund for a minimum period of at least one year. Unlike mutual funds, hedge funds are unregulated since they cater to sophisticated investors.

[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.

Declaration, Ex-dividend And Record Date Defined

2009-01-04T12:51:00.000-08:00

Have the workings of dividends and dividend distributions mystified you too? Chances are it's not the concept of dividends that confuses you; the ex-dividend date and date of record are the tricky factors. In this article we'll sort through the dividend payment process and explain on what date the buyer of the stock gets to keep the dividend.

Before we explain how it all works, let's go over some of the basics to ensure we have the proper foundation to understand the more complex issues. Some investment terms are thrown around more often than Frisbees on a hot summer day, so it's important that we define exactly what we're talking about.

Different Types of Dividends
The decision to distribute a dividend is made by a company's board of directors. There is nothing requiring a company to pay a dividend, even if the company has paid dividends in the past. However, many investors view a steady dividend history as an important indicator of a good investment, so most companies are reluctant to reduce or stop their dividend payments. For more information on buying dividend paying stocks, see the articles How Dividends Work for Investors and The Importance of Dividends

Dividends can be paid in various different forms, but there are two major categories: cash and stock. The most popular are cash dividends. This is money paid to stockholders, normally out of the corporation's current earnings or accumulated profits.

For example, suppose you own 100 shares of Cory's Brewing Company. Cory has made record sales this year thanks to an unusually high demand for his unique peach flavored beer. The company therefore decides to share some of this good fortune with the stockholders and declares a dividend of $0.10 per share. This means that you will receive a check from Cory's Brewing Company for $10.00 ($0.10*100). In practice, companies that pay dividends usually do so on a regular basis of four times a year. A one-time dividend such as the one we just described is referred to as an extra dividend.

The stock dividend, the second most common dividend paying method, pays additional shares rather than cash. Suppose that Cory's Brewing Company wishes to issue a dividend but doesn't have the necessary cash available to pay everyone. He does, however, have enough Treasury stock to meet the requirements of the dividend payout. So instead of paying cash, Cory decides to issue a dividend of 0.05 new shares of CBC for every existing one. This means that you will receive five shares of CBC for every 100 shares that you own. If any fractional shares are left over, the dividend is paid as cash (because stocks can't trade fractionally).

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Selling Losing Securities For A Tax Advantage

2009-01-04T12:39:00.000-08:00

Are you still holding on to that loser tech stock or mutual fund that you bought during the last bull market run? Or maybe you have a sentimental security that stopped making any significant appreciation since you purchased it. Well, from a tax standpoint, there might be no better time than the present to "dump that dog". The tax advantages of setting your gains against your losses can be enormous as long as you follow all the rules and implement a few tricks of the trade.

Tax-loss harvesting, also commonly known as tax selling, is one of the ways to avoid taxes on some of your portfolio gains. Tax-loss harvesting is the selling of securities, usually at year-end, to realize portfolio losses, which an investor can use to offset capital gains and therefore lower personal tax liability.

Tax Treatment of Gains

If you, like many others, own shares of a mutual fund, you are most likely subjected to some type of year-end payout. This could be in the form of a dividend, interest payout, short-term capital gain or long-term capital gain. Now, if the security giving you the payout is in a taxable account, then Uncle Sam will be sure to want a piece of the pie come tax time. For tax-reporting purposes, the short-term gains and losses (those made in one year or less) are first netted against each other for the tax year; then long-term gains and losses (those made in more than one year) are netted; and finally the remaining outcomes are combined together.

So, a net short-term loss of $10,000 can be applied against a net long-term gain of $5,000 for a remaining short-term loss of $5,000 [-$10,000 + $5000 = -$5000]. In any given year, there is no limit on the amount of capital losses that can offset capital gains. However, only a maximum of $3,000 net loss can be deducted from ordinary income; any excess loss may be carried forward into future tax years. The carry-forward loss must maintain its definition as either a short- or long-term loss.

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

[ForexGen Adcademy]
Get your Forex education
through ForexGen Academy
and acquire the chance
to master your trading skills.

Mulyi Terminal
[ForexGen] released it's new
platform that's designed to
manage multiple accounts to
be used by Money Managers
and Introducing Brokers.

Commodity Block Currencies

2009-01-04T12:35:00.000-08:00

The three most liquid commodity currencies in forex markets are USD/CAD, AUD/USD and NZD/USD. The Canadian dollar is affectionately known as the "loonie", the Australian dollar as the "Aussie" and the New Zealand Dollar as the "kiwi". These three nations are tremendous exporters of commodities and often trend very strongly in concert with the demand for each their primary export commodity.

For instance, take a look at Figure 3, which shows the relationship between the Canadian dollar and prices of crude oil. Canada is the largest exporter of oil to U.S. and almost 10% of Canada's GDP comprises the energy exploration sector. The USD/CAD trades inversely, so Canadian dollar strength creates a downtrend in the pair.

Although Australia does not have many oil reserves, the country is a very rich source of precious metals and is the second-largest exporter of gold in the world.

[ForexGen Services]

Client Services

Customer Support
Trading Support

Identifying Trending & Range-Bound Currencies

2009-01-04T12:30:00.000-08:00

The overall forex market generally trends more than the overall stock market. Why? The equity market, which is really a market of many individual stocks, is governed by the micro dynamics of particular companies. The forex market, on the other hand, is driven by macroeconomic trends that can sometimes take years to play out. These trends best manifest themselves through the major pairs and the commodity block currencies. Here we take a look at these trends, examining where and why they occur. Then we also look at what types of pairs offer the best opportunities for range-bound trading.

The Majors
There are only four major currency pairs in forex, which makes it a quite easy to follow the market. They are:
• EUR/USD - euro / U.S. dollar
• USD/JPY - U.S. dollar / Japanese yen
• GBP/USD - British pound / U.S. dollar
• USD/CHF - U.S. dollar / Swiss franc

It is understandable why the United States, the European Union and Japan would have the most active and liquid currencies in the world, but why the United Kingdom? After all, as of 2005, India has a larger GDP ($3.3 trillion vs. $1.7 trillion for the U.K.), while Russia's GDP ($1.4 trillion) and Brazil's GDP ($1.5 trillion) almost match U.K.'s total economic production. The explanation, which applies to much of the forex market, is tradition. The U.K. was the first economy in the world to develop sophisticated capital markets and at one time it was the British pound, not the U.S. dollar, that served as the world's reserve currency. Because of this legacy and because of London's primacy as the center of global forex dealing, the pound is still considered one of the major currencies of the world.

The Swiss franc, on the other hand, takes its place amongst the four majors because of Switzerland's famed neutrality and fiscal prudence. At one time the Swiss franc was 40% backed by gold, but to many traders in the forex market it is still known as "liquid gold". In times of turmoil or economic stagflation, traders turn to the Swiss franc as a safe-haven currency.

The largest major pair - in fact the single most liquid financial instrument in the world - is the EUR/USD. This pair trades almost $1 trillion per day of notional value from Tokyo to London to New York 24 hours a day, five days a week. The two currencies represent the two largest economic entities in the world: the U.S. with an annual GDP of $11 trillion and the Eurozone with a GDP of about $10.5 trillion.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. [ForexGen] offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

Consumers and Travelers

2009-01-04T12:18:00.000-08:00

Consumers typically come into contact with currency exchange when they travel or purchase items from foreign vendors.
Travelers must go to a bank or currency exchange bureau to convert one currency (typically, their "home currency") into another (i.e., the currency of the country they intend to travel to) so they can pay for goods and services in the foreign country. Travellers need to be aware of exchange rates to ensure they receive a fair deal. Fx provides various conversion tools to help them.

Consumers may purchase goods in a foreign country or via the Internet with their credit card, in which case they will find that the amount they paid in the foreign currency will have been converted to their home currency on their credit card statement.
Although each consumer currency exchange is a relatively small transaction, the aggregate of all such transactions is significant.
Businesses
Businesses typically need to convert currencies when they conduct business outside their home country. For example, if they export goods to another country and receive payment in the currency of that foreign country, then the payment must typically be converted back to the home currency. Similarly, if they have to import goods or services, then businesses will often have to pay in a foreign currency, requiring them to first convert their home currency into the foreign currency.

Large companies convert huge amounts of currency; for example, a company such as General Electric (GE) converts tens of billions of dollars each year. The timing of when they convert can have a large affect on their balance sheet and "bottom line, and many businesses use hedging strategies to ensure they do not incur losses over time due to currency market volatility.
Investors and Speculators
Investors and speculators require currency exchange whenever they trade in any foreign investment, be it equities, bonds, bank deposits, or real estate. For example, when a Swedish investor buys shares in Sun Microsystems on the NASDAQ, she will have to pay for the shares in U.S. Dollars and likely have to convert Swedish Krona to U.S. Dollars. Similarly, a Japanese real estate investor who sells a New York property may want to convert the proceeds of the sale in U.S. Dollars to Japanese Yen.

Investors and speculators also trade currencies directly in order to benefit from movements in the currency exchange markets. For example, if an American investor believes that the Japanese economy is strengthening and as a result expects the Japanese Yen to appreciate in value (i.e., go up relative to other currencies), then she may want to buy Japanese Yen and take what is referred to as a long position. Similarly, if an American investor believes that the Euro will go down over time, then she may want to sell Euro to take a short position. Interestingly, investors and speculators can profit equally from currencies becoming stronger (by taking a long position) or from currencies becoming weaker (by taking a short position).

[Partnership With ForexGen]

Forex Signal Trading Gives the Traders One More Analytical Tool

2009-01-01T15:09:00.000-08:00

Forex signal trading has emerged as an important support service for forex traders. This service is run either by forex brokers or by independent analysts who monitor and analyze the forex market. These analysts identify forex trends using several indicators. Based on this analysis, they suggest profitable entry and exit points to forex traders for a fee.
Most analysts offer signals for only the most popular currency pairs, such as EUR/USD, USD/JPY, GBP/USD and USD/CHF. However, there are some specialty services also that offer signals for the lesser-traded pairs.

The charges for these services vary from analyst to analyst, and depend upon the range of services bought by the trader. For instance, a basic subscription service offers email alerts of entry/exit opportunities to traders while a more comprehensive service provides this information through SMS, cell phone or pager alerts also.
Some signal trading services also provide live charts for the traders to make their judgment. Irrespective of the level of service, a trader should be prepared to pay a minimum subscription fee of $100 a month.

However, the success of a forex signal service should not be measured in isolation or over a relatively short period of time. The traders should use these signal services only as an extra indicator, as one more tool in their trading toolbox. A good way to judge the analytical skills of signal trading service is to ask for historical data. This can expose the claims of trading signal service.

The biggest benefit of signal trading services is that they save the traders the bother of analyzing or crunching data. However, this does not mean that the traders should depend upon them exclusively to maximize their profits or minimize their losses. This should happen only when the traders develop sufficient trust in certain signal trading services. Otherwise, the traders should use their own judgment and market grapevine to decide the trades.

While Forex signal trading gives the trader’s one more analytical tool, each trader must use his or her best judgment before making the trade. Forex signal trading software is a great tool, but should never be used solely to base the trade decision upon. You would be better off relying on your past experience and gut instinct when analyzing signal trading data. You will also want to rely on your basic fundamental analysis. Forex traders using fundamental analysis rely on news reports to gather information about unemployment rates, economic policies, inflation, and growth rates.

[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.

Some Advice Before Entering Forex Trading

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

There is an ideal mindset, character, and mental attitude that traders need to acquire. I say “acquire” because few people have the innate personality that makes this mindset “natural” With respect to your trading, this involves being free of anxiety, fear, despair or regret. It also involves being able to remain calm, confident, focused and disciplined in the face of adverse trading outcomes.

Trade with a Disciplined Plan
The problem with many traders is that they take shopping more seriously than trading. The average shopper would not spend $500 without serious research and examination of the product he/she is about to purchase, yet the average trader would make a trade that could easily cost him/her $500 based on little more than a feeling or hunch. The plan must include stop and limit levels for the trade, as your analysis should encompass the expected downside as well as the expected upside. Be sure that you have a plan in place before you start to trade.

Good Execution Good Anticipation
Everybody knows that trading is a number game. I mean, our success is not depend on the outcome of the next trade, our success is depend on the overall profitability of many trades. So, while we are trading, whether the last trade we did was profitable or not is definitely not important. There is no point drawing conclusions on the outcome of just one –or even a few-trades. We can only access our anticipation skills when we have made a reasonable number of trades and see the longer-term result of our action. It is so important that when we are trading, our goal should be focus on executing our trades with ruthless efficiency and to judge only that. If you consider the ways that you lose money trading, you will find that it is down to poor execution, rather than poor anticipation.

Cut Your Losses Early and Let Your Profits Run
This simple concept is one of the most difficult to implement and is the cause of most traders demise. Most traders violate their predetermined plan and take their profits before reaching their profit target because they feel uncomfortable sitting on a profitable position. These same people will easily sit on losing positions, allowing the market to move against them for hundreds of points in hopes that the market will come back. In addition, traders who have had their stops hit a few times only to see the market go back in their favor once they are out, are quick to remove stops from their trading on the belief that this will always be the case. Stops are there to be hit, and to stop you from losing more then a predetermined amount. You simply allow your profits on the winners to run and make sure that your losses are minimal. What is it about cutting a loss that is so hard?

Do Not Over Trade
Do not bet on the farm. One of the most common mistakes that traders make is leveraging their account too high by trading much larger sizes than their account should prudently trade. Leverage is a double-edged sword. Just because one lot of currency only requires $1000 as a minimum margin deposit, it does not mean that a trader with $5000 in his account should be able to trade 5 lots. One lot is $100,000 and should be treated as a $100,000 investment and not the $1000 put up as margin. Most traders analyze the charts correctly and place sensible trades, yet they tend to over leverage themselves. As a consequence of this, they are often forced to exit a position at the wrong time. A good rule of thumb is to never use more than 10% of your account at any given time.

[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.

Learn How to Trade in Forex Market from the Basics

2009-01-01T14:56:00.000-08:00

In the past, small speculators are not allowed to trade Forex freely as it is now. The minimum required business sizes are large and the financial requirements for trading foreign currencies are strict. Only huge multi-national cooperation and banks are able to fit into the business. In fact, large international banks are still the main players in currency exchange market.

Deutsche Bank is one of the top currency traders; along with other major banks like UBS, Citi Group, HSBC, Barclays, J. P. Morgan Chase, Coldman Sachs, ABN Amro, Morgan Stanley, and Merril Lynch; these banks are said to be responsible for more than 70% trades in currency market. Forex trade is not open to the publics until year 1998, where big sized inter-bank units are sliced into smaller pieces and offered to individual traders.

It is simple to get started in Forex trading, an funded Forex account and a computer connected to the Internet is more than enough to get started. However, to start trading and become a successful Forex trader are totally different. Trading Forex is a high risks game and traders should always follow certain principals, listed below are a few of must-do’s when trading in Forex market.

1. Educate yourself before trading in Forex market
As in any trading markets, building up your trading skills and knowledge is the very first step that you must take. To further your learning in Forex trading, seminars, workshops, video tutorials, online learning, or even books are handful to help us learn from the professional.

2. Having a trading plans
A good trading plan is needed no matter you are a beginner or an expert in Forex trading. The Forex market itself is just a vehicle, to go to your desired destination, which is to gain profit and achieve financial freedom in our case, you have to drive your vehicle with maps and navigations. How much do you want to earn from the trades? How much you can afford to lose if things go wrong? What is the amount of capital you are putting in? Answer the questions to yourself when you are setting your trading plan. If you fail to plan, you are indeed plan to fail.

3. Mature mindsets and discipline trading
Trading Forex with discipline is very important. Success in Forex trading could not be achieved by only plotting out the best trading plan. It is also depends on implementing the trading plan. Be disciplined, trade according to your plan and never trade with your emotion. Greed will stop you from taking profit at predetermined level; while fear will stop you from making the nice kill in the market.

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

[ForexGen Adcademy]
Get your Forex education
through ForexGen Academy
and acquire the chance
to master your trading skills.

Mulyi Terminal
[ForexGen] released it's new
platform that's designed to
manage multiple accounts to
be used by Money Managers
and Introducing Brokers.

Why You Need to Develop Your Own Forex Trading System

2009-01-01T14:51:00.000-08:00

There are many forex trading systems and trading strategies out there. There are many free ones printed in forex trading articles, journals, books and on trading-related websites. You can buy them as software or you can subscribe to them periodically.

Novice traders say they do not have the time, the aptitude, the talent nor the brains to work out how to trade properly. They would rather purchase a program or subscribe to a forex trading system for hundreds - or in some cases - thousands of dollars. They say they do not have to do anything except be told what to buy, when to buy and how much of it you need to buy. Some ask me if this strategy or approach is advisable for trading the forex markets. To answer this question, I am then forced to consider the advantages and disadvantages of using such an approach to trading.

There are reasons why a trader would use a forex trading system or forex trading strategy that someone else developed and tested:

1. It is easy. A novice trader does not need to study how the forex market works and how he interacts with that market. He does not need to educate himself: he does not need to bother with books and seminars. He does not need to test the trading system, since the seller has already done that for him and reported promising hypothetical or actual results.

2. A novice trader hopes to get a forex trading system at a ’bargain’ price... sometimes even for free.

Hazards of trading a forex system or strategy developed and tested by someone else are the following:

1. Faulty Trading Systems
There are many faulty forex systems out there. They may be faulty because their assumptions and their mechanisms may no longer be true, accurate or valid. As a novice trader, how can you distinguish between the good systems and the bad systems if you don’t know how trading systems are built?

2. Discipline and confidence
All systems have drawdown periods. Some good forex trading systems may not make money for six months or an entire year. Even if it was a good system, can you continue to follow it even if it gives you a loss after a loss after a loss? How can you follow it if you do not have confidence in it? How can you be confident if you do not know the ins and outs of the system and if you have not tested it yourself?

I do not believe that people would blindly follow a system even if they were told that it would bring them riches. I can give someone a forex trading system, I can supply him with exceptional hypothetical or actual results and still, he would not be able to follow it.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. [ForexGen] offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

How to Create a Perfect Forex Trading System?

2009-01-01T14:47:00.000-08:00

1.First of all, you need to make sure your trading system fits your trading personality; otherwise you will find it hard to follow it. Every trader has different needs and goals, thus there is no system that perfectly fits all traders. You need to make your own research on various trading styles and technical indicators until you find a concept that perfectly works for you. Make sure you know the nature of whatever technical indicator used.

2.Secondly, incorporate price action into your system. So you only take long signals if the price behavior tells you the market wants to go up, and short signals if the market gives you indication that it will go down.

3.Third, and most importantly, you need to have the discipline to follow your Forex trading system rigorously. Try it first on a demo account, then move on to a small account and finally when feeling comfortably and being consistent profitable apply your system in a regular account.

[ForexGen Services]

Client Services

Customer Support
Trading Support

Keep a Trading Log to Analyze Your Actions

2008-12-30T15:45:00.000-08:00

One of the most powerful pieces of information you can use to evaluate your actions as a trader is a trading log. With each trade, you should keep track of your thoughts and actions so you can improve your approach to trading. Here are some of the popular entries in a trading log:

1. Date
2. Time
3. Entry price
4. Number of lots opened
5. Initial Protective Stop level
6. Reason for entering into the trade
7. Target price (if any)
8. Exit price
9. Reason for exiting out of the trade
10. Result

After you have logged at least 10 trades, you can go back to compare your thoughts to how the market reacted after your entry. Some questions to ask yourself include:

1. How did the market trade after I entered into the trade?
2. If the trade was profitable, how far did the market move against me before reversing?
3. If the trade was a loss, how profitable did the trade become before reversing?
4. Where was my protective stop at the beginning of the trade and at the end of the trade?
5. What was the direction of the trend on the daily chart when I opened the trade?
6. If the trade was profitable, how much of the move did I catch?
7. How close was I to the ideal entry point of the move and how could I improve that?
8. Was there a news release or other factor in the move of the market after entry?
9. Could I have managed the trade better?
10. Was my position size good or does it need to be adjusted?

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. [ForexGen] offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

Top 5 Most Market Moving Indicators For The USD

2008-12-30T15:41:00.000-08:00

When it comes to the currency market, most traders will use either technical or fundamental analysis or a combination of both to formulate their strategy, However, even for the casual currency trader, news or event risk can have a dramatic influence on the long and short-term price action of a currency pair.

In this report, we examine the 5 most market moving indicators for the US dollar (we update this report annually) against the Euro. The reason for our focus on the EUR/USD is its status as the most actively traded - and therefore benchmark – currency pair.

Economic Data is Important for Both Fundamental and Technical Traders

It is irrefutable that news or economic data can elicit a sharp reaction from currencies and other financial markets. However not all economic data is created equal. The monthly Non–farm payrolls for example has had a far bigger impact on the US dollar than other perennial top market movers like consumer prices. Indicators rarely keep their same level of influence over a currency though; so it common to see major shifts in the top ranking from year to year.

For example, over the past year, the worst contraction in the US housing market in a quarter century has led indicators like new and existing home sales to crowd out top releases from previous years – like ISM manufacturing. Also, what may create a lasting move in a currency on a day to day basis could be different from what triggers a knee jerk reaction in the US dollar. The top 5 most market moving indicators for the US dollar on a day to day basis are:

1. Non-Farm Payrolls
2. ISM Non-Manufacturing
3. Personal Spending
4. Inflation (Consumer Price Index)
5. Existing Home Sales

Unlike the other numbers, the non-farm payrolls report consistently topped the list of most market moving indicators for the US dollar. As the US economy slowed in 2007 and into 2008, the stability of the labor market was closely watched by all traders and analysts because of its broad ramifications for the overall economy.

[Partnership With ForexGen]

Gaps in the Forex Market

2008-12-30T15:37:00.000-08:00

One of the main differences between a stock market and the FX market is that the FX market is a true 24 hour a day market. Trading is continuous around the clock and really only is closed on weekends due to the lack of volume rather than an actual close.

The result of this is that you very rarely see gaps on the FX related charts. A gap is when the open of one session is far enough away from the previous close to leave an actual gap on the chart. There can be many gaps on stock market related charts since the market stops trading late in the afternoon and will not reopen until early the next morning.

If a company’s earnings are released after the close, the next day’s opening price can be much higher or lower than the previous close. Any news item that causes a shift in the opinion of the value of the market can result in a gap on the chart. In the FX market, you do not see these gaps during the week as the market is open and trading. However, you can see gaps between the Friday closing price and the Sunday open

[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.

Currency Trading with a Strategy

2008-12-30T15:33:00.000-08:00

Trading successfully is by no means a simple matter. It requires time, market knowledge and market understanding and a large amount of self restraint. We does not manage accounts, nor does it give market advice, that is the job of money managers and introducing brokers. As market professionals, we can however point the novice in the right direction and indicate what are correct trading tactics and considerations and what is total nonsense.

Anyone who says you can consistently make money in foreign exchange markets is being untruthful. Foreign exchange by nature, is a volatile market. The practice of trading it by way of margin increases that volatility exponentially. We are therefore talking about a very 'fast market' which is naturally inconsistent. Following that precept, it is logical to say that in order to make a successful trade, a trader has to take into account technical and fundamental data and make an informed decision based on his perception of market sentiment and market expectation. Timing a trade correctly is probably the most important variable in trading successfully but invariably there will be times where a traders' timing will be off. Don't expect to generate returns on every trade.
Let's enumerate what a trader needs to do in order to put the best chances for profitable trades on his side:

Trade with money you can afford to lose:
Trading fx markets is speculative and can result in loss, it is also exciting, exhilarating and can be addictive. The more you are 'involved with your money' the harder it is to make a clear-headed decision. Money you have earned is precious, but money you need to survive should never be traded.

Identify the state of the market:
What is the market doing? Is it trending upwards, downwards, is it in a trading range. Is the trend strong or weak, did it begin long ago or does it look like a new trend that's forming. Getting a clear picture of the market situation is laying the groundwork for a successful trade.

Determine what time frame you're trading on:
Many traders get in the market without thinking when they would like to get out, after all the goal is to make money. This is true but when trading, one must extrapolate in his mind's eye the movement that one expects to happen. Within this extrapolation, resides a price evolution during a certain period of time. Attached to this is the idea of exit price. The importance of this is to mentally put your trade in perspective and although it is clearly impossible to know exactly when you will exit the market, it is important to define from the outset if you'll be 'scalping' (trying to get a few points off the market) trading intra-day, or going longer term. This will also determine what chart period you're looking at. If you trade many times a day, there's no point basing your technical analysis on a daily graph, you'll probably want to analyse 30 minute or hour graphs. Additionally it is important to know the different time periods when various financial centers enter and exit the market as this creates more or less volatility and liquidity and can influence market movements.

[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.

The Most Popular Indicators Used in Forex

2008-12-30T15:24:00.000-08:00

Moving Average Convergence/Divergence (MACD)
What is it?

The MACD is one of the most popular oscillator used by currency traders. This is a momentum indicator can be used to confirm trends, while also indicating reversals, or overbought/oversold conditions. The MACD is calculated by taking the difference between the 2 exponential moving averages. The two that is usually used are the 26-day and 12-day moving averages.

How can MACD be used for trading?

Crossovers
The most common way to use the MACD is to buy/sell a currency pair when it crosses the signal line or zero. A sell signal occurs when the MACD falls below the signal line, while a buy signal occurs when the MACD rallies above the signal line.

Overbought/Oversold
The MACD can also be used as an overbought/oversold indicator. When the shorter moving average moves away significantly from the longer moving average (i.e., the MACD rises), it is likely that the currency price’s movements are starting to exhaust and will soon return to more realistic levels.

Divergences
When the MACD diverges from the trend of the currency price, this may signal a trend reversal. In addition, if the MACD makes a new low while the currency pair does not also make a new low, this is a bearish divergence, indicating a possible oversold condition. Alternatively, if the MACD is making new highs while the currency pair fails to confirm these highs, this is a bullish divergence, indicating a possible overbought condition.

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

[ForexGen Adcademy]
Get your Forex education
through ForexGen Academy
and acquire the chance
to master your trading skills.

Mulyi Terminal
[ForexGen] released it's new
platform that's designed to
manage multiple accounts to
be used by Money Managers
and Introducing Brokers.

Stocks Up After GMAC Lifeline, Retail Sales Dip

2008-12-29T11:20:00.000-08:00

Wall Street rises modestly as GMAC qualifies for gov't help but holiday spending drops

Wall Street put together a moderate advance in light post-Christmas trading Friday after the government threw a lifeline to General Motors' financing arm, but gains were limited by dreary holiday shopping readings that dimmed the chance of a big year-end rally.
The major indexes finished the week with losses, but the market nonetheless showed further signs of stability.
The news from the retailing sector was far from surprising: Americans spent much less on gifts this season than they did last year, according to SpendingPulse, a division of MasterCard Advisors. Retail sales dropped between 5.5 percent and 8 percent compared with last year, the data showed, or between 2 percent and 4 percent after stripping out auto and gas sales.
Ever since the Thanksgiving weekend, it has been widely expected that this holiday season would be dismal, and analysts believe that a great deal of the poor economic news of late, including weak holiday spending, has been factored into stock prices.

Still, personal consumption is a huge part of U.S. economic activity -- comprising more than two-thirds of gross domestic product -- so Wall Street remains concerned that a more frugal consumer could keep the economy weak in 2009. The market will be paying close attention to the Conference Board's December survey on consumer confidence, to be released on Tuesday. The survey will include data on consumers' expectations for the future.
Investors did get a some good news on Christmas Eve, when the Federal Reserve allowed GMAC Financial Services -- the finance arm of struggling Detroit automaker General Motors Corp. -- to become a bank holding company and thus qualify for the government's $700 billion rescue fund. Analysts had said that without financial help, GMAC might have had to file for bankruptcy protection or shut down.

There was little conviction behind Friday's advance, which the market managed after stocks meandered for much of the session. With just three full trading days left in the year, no news has been upbeat enough to spark a big year-end rally, a consequence of the great uncertainty still in the market. December is usually a strong month for stocks, and a flurry of trading known as a "Santa Claus rally" is often seen in the final week.
"I think we could have a year-end rally, but it's got a formidable headwind in the form of tax-selling, in my view," said Hugh Johnson, chairman and chief investment officer of Johnson Illington Advisors. Tax-loss selling is when investors sell their poorly-performing stocks to realize a loss for the year, which can reduce their taxes in upcoming years.
The Dow Jones industrial average rose 47.07, or 0.56 percent, to 8,515.55 after Thursday's market holiday.

Broader stock indicators also rose. The Standard & Poor's 500 index rose 4.65, or 0.54 percent, to 872.80, and the Nasdaq composite index rose 5.34, or 0.35 percent, to 1,530.24. The Russell 2000 index of smaller companies rose 6.28, or 1.33 percent, to 476.77.
Advancing issues were ahead of decliners on the New York Stock Exchange by more than 3 to 1. Consolidated volume came to an extremely light 1.71 billion shares, compared to 1.4 billion in an abbreviated session on Wednesday, and 3.63 billion in a full session on Tuesday.
For the week, the Dow ended down 0.74 percent, the S&P 500 fell 1.7 percent and the Nasdaq lost 2.17 percent.

Although there was selling early in the week on bad economic news, Wall Street still extended a streak of relatively tranquil trading after the extreme volatility of September, October and November. Many analysts believe the market has found a bottom after the lows it reached Nov. 20, although no one is ready to say Wall Street won't see more heavy losses.

As the year winds down, investors are flummoxed over what 2009 might bring.
"It's hard to imagine another year that is going to be as dismal or dark or bad as 2008," Johnson said. "It's even hard to imagine that we have another down year in 2009 -- the odds are the stock market will be higher at the end of 2009. Common sense tells you that."
The Dow is down 35.8 percent for the year, while the S&P 500 is down 40.56 percent and the Nasdaq is off 42.3 percent. Since peaking in October 2007, the Dow has lost 39.88 percent, the S&P 500 is down 44.24 percent and the Nasdaq has skidded 46.48 percent.
But, Johnson added, it's impossible to forecast the end of a bear market, and "confidence can turn on a dime."

Besides the consumer confidence report on Tuesday, the market will be waiting for the Institute for Supply Management's report on the manufacturing sector for December. That will be released Friday.
Trading is likely to remain light next week as many investors remain on vacation for the holidays.
On Friday, the dollar was down against other major currencies, while gold prices rose.
Demand for government bonds increased. The three-month Treasury bill's yield fell to 0.01 percent from 0.02 percent late Wednesday, and the 10-year Treasury note's yield fell to 2.14 percent from 2.19 percent.

Light, sweet crude rose $2.36 to $37.71 a barrel on the New York Mercantile Exchange. Crude prices had tumbled Wednesday for the ninth straight day -- dipping as low as $35.13 -- after gloomy economic reports and growing stockpiles of unused gasoline suggesting eroded demand.
GMAC notes shot higher on the news of the company's transformation into a bank. GMAC's 7.25 percent note due to mature in 2033 rose 88.5 percent to $9.67 from $5.13 on Wednesday. But analysts were wary of the big price move, noting that volume was thin, and saying there is still much to be resolved about the company's finances.
Japan on Friday reminded U.S. investors that the recession is not isolated to the United States. Japanese automakers and other manufacturers cut output last month by 8.1 percent -- the biggest decrease since records began in 1953 -- in the face of slowing demand overseas.

Despite the plunge, Japan's Nikkei stock index rose 1.63 percent.
In other overseas trading, Hong Kong markets were closed, as were those in Britain, Germany and France.
The Dow Jones industrial average ended the week down 63.56, or 0.74 percent, at 8,515.55. The Standard & Poor's 500 index fell 15.08, or 1.7 percent, at 872.80. The Nasdaq composite index ended the week down 34.08, or 2.17 percent, at 1,530.24.
The Russell 2000 index finished the week down 9.49, or 1.96 percent, at 476.77.
The Dow Jones Wilshire 5000 Composite Index -- a free-float weighted index that measures 5,000 U.S. based companies -- ended at 8,769.35, down 154.62 points, or 1.73 percent, for the week. A year ago, the index was at 14,911.63.

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Japan Industrial Output Logs Record Fall

2008-12-28T12:00:00.000-08:00

Export-reliant Asian economies showed more signs of weakness on Friday, with Japan's industrial output diving at a record pace and South Korea warning it faces an "unprecedented crisis" as global demand wilts.
Even the once unstoppable Chinese economy is feeling the strain, with companies recording a sharp slowdown in profit growth in the first 11 months of the year.
On top of Japan's steep fall in industrial output in November, core consumer inflation fell faster than forecast last month, putting the shrinking economy on course for a spell of deflation next year.

The grim outlook could push the Bank of Japan to implement unorthodox monetary easing measures as it has little room left to cut interest rates after reducing them to 0.10 percent last week.
But Japan's Economics Minister Kaoru Yosano said he doubted that any so-called quantitative easing by the Bank of Japan would directly lead to an increase in loans to companies to get the economy moving again.
Facing the worst international economic environment in more than eight decades, Yosano said his government would act flexibly on possible additional spending measures if conditions deteriorated further.

"We cannot rule out the possibility that Japan and other parts of the world may face even worse economic conditions," Yosano told Reuters in an interview.
Fears about possible deflation in Japan next year weighed on the yen, which fell in thin trade versus both the euro and the dollar.
But Japanese stock markets, long inured to dire prognoses and weak data, shrugged off the grim outlook, with the Nikkei average rising 1.6 percent to a six-week closing high.
MSCI's measure of stocks elsewhere in the Asia-Pacific region added 0.1 percent, but is heading for a loss of more than 50 percent for 2008.

FALLING OFF A CLIFF

What started last year as a meltdown in the U.S. mortgage market has quickly spread across the globe, claiming some of Wall Street's top firms, causing hundreds of thousands of job losses and costing trillions of dollars in stimulus and rescue packages.
With much of the developed world in recession and emerging economies quickly losing steam, many economists think Japan's export-oriented economy could go through one of its sharpest contractions ever this quarter and next.
"Production is falling off a cliff," said Naoki Iizuka, senior economist at Mizuho Securities. "The Japanese economy is unlikely to bottom out until October-December next year as output is expected to remain very weak until then."

Industrial output fell 8.1 percent in November from a month earlier, posting the largest fall on record and exceeding a median market forecast for a 6.8 percent drop.
A slump in global demand and the recent rise of the yen have pummeled Japanese exporters, forcing Toyota Motor Corp, the world's most profitable car maker until recently, to forecast its first consolidated operating loss and warn of an unprecedented crisis.
"Production is falling like Niagara Falls. What's going on now is beyond what Toyota and Sony ever imagined. They just can't have a plan for the future now," said Mitsuru Saito, chief economist at Tokai Tokyo Securities.

World number-three steelmaker JFE Holdings, a big supplier to the auto industry, stepped up planned output cuts on Thursday in the face of plunging demand.
Total Japanese steel production for January-March is expected to fall by a third to its lowest in 40 years, the government forecast on Thursday.

KOREAN CRISIS

Across the Sea of Japan in South Korea, the mood was similarly grim.
"The Korean economy is faced with an unprecedented crisis with exports and domestic demand, the two pillars of economic growth, falling at the same time," the Ministry of Knowledge Economy said in a new year policy report.
The ministry said it would aim to boost 2009 exports to $450 billion from around $430 billion projected for this year.
Faced with slowing demand from export markets, China needed to take more steps to stimulate domestic consumption, central bank officials there said on Friday.

China's over-reliance on investment and exports has been exposed by the global financial crisis.
Profit growth at Chinese industrial firms rose 4.9 percent in January-November from a year earlier, down sharply from annual growth of 19.4 percent in the first eight months of the year, data on Friday showed.
But Yi Gang, a deputy governor of the People's Bank of China (PBOC), reiterated his confidence that the economy would find a bottom around the second quarter of next year.
"I am confident about China's growth next year -- the growth will be relatively stable at about 8 percent," Yi said. "And inflation will be low."

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Chinese Dairy in Milk Scandal Faces $160M Debt

2008-12-25T13:40:00.000-08:00

Chinese dairy, declared bankrupt after tainted milk scandal, faces $160 million in debt

he dairy at the center of China's tainted milk scandal has about $160 million in debt, state media reported Thursday, a day after the company confirmed it was bankrupt.
Xinhua News Agency said Sanlu Group Co. faces 1.1 billion yuan ($160 million) of net debt and that a branch of the Shijiazhuang City Commercial Bank was the creditor that applied to a court to have Sanlu declared bankrupt.
The Intermediate People's Court of Shijiazhuang, a city in Hebei province where Sanlu is based, accepted the filing, Xinhua said.

The report quoted Wang Jianguo, city spokesman, as saying that as of Oct. 31, the company's total assets were valued at 1.56 billion yuan ($227 million) while its total debts were 1.76 billion yuan ($256 million), the report said.
Xinhua said Sanlu also owes a creditor 902 million yuan ($132 million) in funds it borrowed earlier this month to pay for the medical treatment of children sickened after drinking the company's infant formula, and for compensation of the babies' families.
Calls to the spokesman's office of Shijiazhuang city government rang unanswered while a bank clerk who answered the phone at the Shijiazhuang City Commercial Bank said the bank's director was unavailable for comment. Sanlu's officials could not be reached.

Sanlu, like a number of major Chinese dairies, had been exempt from government inspections because it was deemed to have superior quality controls -- until high levels of the industrial chemical melamine were found in its baby formula and other products in September.
Several more dairies were also found to have doctored their goods in a scandal that was blamed for killing six babies and sickening 294,000 children.

The dairy scandal highlighted the widespread practice of adding melamine, often used in manufacturing plastics, to watered-down milk to fool protein tests. Investigations also discovered it was being added to animal feed after finding melamine-spiked eggs.
Melamine poses little danger in small amounts but larger doses can cause kidney stones and renal failure.

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US Dollar Mixed in Europe

2008-12-24T11:53:00.000-08:00

US dollar mixed, gold down in European morning trading

The U.S. dollar was mixed against other major currencies in European trading Wednesday morning. Gold fell.

The euro traded at $1.3980, up from $1.3963 late Tuesday in New York.

Other dollar rates:

--90.46 Japanese yen, up from 90.38

--1.0805 Swiss francs, down from 1.0848

--1.2134 Canadian dollars, down from 1.2188

The British pound was quoted at $1.4680, down from $1.4771.

Gold traded in London at $836.75 per troy ounce, down from $843.50 late Tuesday.

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British Pound Falls Further as Growth Figures Disappoint

2008-12-23T11:40:00.000-08:00

The British pound fell for the fifth consecutive session to cross below 1.4800 as the final GDP reading for the third quarter was revised down to -0.6% from an initial reading of -0.5%. Deteriorating fundamentals paired with mounting growth fears have certainly taken a toll on Cable.

• Japanese Yen: Holds 90.00
• Pound: GDP Contracts 0.6% in 3Q, GBPUSD Slips Below 1.4800
• Euro: Pares Gains, Falls Below 1.4000
• US Dollar: GDP, Housing Data on Tap

British Pound Falls Further as Growth Figures Disappoint

The British pound fell for the fifth consecutive session to cross below 1.4800 as the final GDP reading for the third quarter was revised down to -0.6% from an initial reading of -0.5%. Deteriorating fundamentals paired with mounting growth fears have certainly taken a toll on Cable, and the currency is likely to face increased selling pressures over the coming months as market participants expect the Bank of England to ease policy further as growth prospects deteriorate at a rapid pace. As the market remains thin ahead of the New Year, increased volatility could drag the pound lower over the week.

Meanwhile, loans for home purchases in the U.K. fell to its lowest level since 1994 as the BBA index slipped to 17,773 from a revised reading of 20,767 in October, and conditions are likely to get worse as credit conditions remain far from normal. A separate report showed that service-based activity in the U.K. weakened further in October as the index of services fell another 0.2% following the 0.5% contraction in the previous month. Moreover, fading demands from home and abroad has certainly taken a toll on Europe’s second largest economy as the currency account deficit widened to -7.7B from a revised reading of -6.4B in the second quarter, and trade conditions are likely to deteriorate further as the major economies around the world head into a recession.

The Euro pared gains after reaching an intraday high of 1.4023, and slipped below 1.4000 against the dollar despite an unexpected improvement in the current account. The current account deficit unexpectedly narrowed to -6.4B from a revised reading of -8.8B in September on the back of lower oil prices, but conditions are likely to get worse as demands from the global economy falter. An empty European calendar for the remainder of the week will leave the Euro at the mercy of risk trends, and may face increased selling pressures as the flight to quality continues.

The final 3Q GDP reading for the US is unlikely to have an impact on trading as market participants expect the annualized growth figure to hold steady at -0.5%, but any revisions to the more important components of the report could spark increased volatility as trading volume in the markets remain thin. Nevertheless, the slew of housing data is likely to drive price action the greenback as new home sales are expected to fall another 3.6%, while existing home sales are anticipated to drop 1.0% from the previous month. In addition, the home price index is also projected to fall 1.3% for the second consecutive month, which continues to reflect a dour outlook for the world’s largest economy.

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Dollar Up as Investors Look to Central Banks

2008-12-22T17:33:00.000-08:00

The dollar rose against the pound and yen Monday, but remained flat against the euro as investors weighed the possibility of further rate cuts from the Bank of England as well as market intervention by the Bank of Japan.
U.S. currency was virtually unmoved against the 15-nation euro, which rose 0.04 cents to $1.394. However, the dollar gained against the British pound, which fell 1.3 cents to $1.482, and rose ¥0.98 to ¥90.11 against the Japanese yen.

Over the past year, central banks around the world have been slashing interest rates and taking other measures to keep money flowing through the global economy.
"(These are) some of the most illiquid markets we have ever seen," said Michael Woolfolk, senior currency strategist at Bank of New York Mellon in New York.

In order to keep the cash flowing in the U.S., the Federal Reserve cut a key interbank lending rate to between 0% and 0.25% last week, the bank's 10th cut since September 2007.
The dollar fell sharply in response, driving up the euro by nearly four cents.
Europe: In an effort to combat the rapid rise in euro value, last week the European Central Bank cut its deposit rate, the rate which the bank pays to deposit money, to 1% less than its own key interest rate.

The idea was to discourage investment from the dollar to the euro because an overly strong euro hurts the domestic economy, according to Woolfolk.
Japan: The Bank of Japan may be poised to take measures to control its currency as well, as it deals with the rising dollar.
"The Bank of Japan is very uncomfortable with the dollar-yen under 100 (yen)," said Woolfolk.

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ECB Situation Different to Fed on Rates: Bini Smaghi

2008-12-21T13:04:00.000-08:00

The European Central Bank is in a very different situation to the U.S. Federal Reserve, which has cut interest rates almost to zero, ECB executive board member Lorenzo Bini Smaghi said in an interview published on Sunday.
Asked by the Rome daily Il Messaggero if the ECB is considering following the Fed's lead on rates, Bini Smaghi said the lending situation in the United States was worse than in Europe and warned about the risks of a too lax monetary policy.
"The United States' situation is very different from Europe's ... the (U.S) transmission mechanism works less well," Bini Smaghi was quoted as saying.
He pointed out that lending rates to businesses and consumers in the United States had remained as high as in the euro zone even though official Fed rates stand at just 0.00-0.25 percent compared with the ECB's key rate of 2.5 percent.

"We must not forget that the current crisis was caused by a period of interest rates taken to a very low level for too long," he added.
Bini Smaghi said financial markets showed signs of "slowly and gradually settling down" but said inter-bank lending rates needed to come down more quickly toward official ECB rates.
However, he expressed doubt that Euribor, the reference inter-bank lending rate, was a "transparent" and accurate reflection of inter-bank transactions.
He also urged banks to make loans more readily available to customers to limit the impact of the financial crisis on the real economy and called on banks to accept offers of public capital to improve confidence in the banking system.

"To reassure markets, the banks should increase their capital above prudential requirements, also by accepting public contributions," Bini Smaghi said.
He warned that survey data suggested banks plan to further tighten credit conditions and said this would be "self-harming" for the banks themselves as well as for the economy.

He called for the ECB to be given a greater role in financial supervision in Europe by increasing coordination between supervision over single institutions and vigilance over credit markets as a whole, which is in central bank hands.
The ECB should be given a role in the colleges charged with supervising big banking groups, he said.
Looking back over public policy in 2008, Bini Smaghi said that allowing the failure of U.S. investment bank Lehman Brothers had been a mistake and its consequences had been underestimated.
However, he defended the ECB's often criticized decision to raise interest rates in July, saying it was justified by inflation rates and expectations at the time and had also contributed to the subsequent sharp drop in inflation.

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Santa Gets Firsthand Look at Consumer Cutbacks

2008-12-18T13:48:00.000-08:00

Santa says economic woes evident among holiday shoppers in the most troubled housing markets

Robert Ecker was bored with retirement, so he went back to work as a housing appraiser in Stockton, Calif. He trained four other appraisers during the real estate boom -- all of them are now out of the business.
"Since the real estate market closed down, I grew a beard and now I'm doing this," said Ecker, dressed in the trademark red suit with white trim.
"The older kids are asking for clothes now, rather than gifts," he said. "Most of them are asking for one gift."
From Stockton to Miami, from ritzy Las Vegas to gritty Detroit, cities with the worst real estate markets led the U.S. economy into recession. Skidding home prices and soaring foreclosures have magnified the broader woes of unemployment, stock market turmoil and hard-to-get loans. Holiday shoppers are making a list, checking it twice, and then scratching off the nonessentials.

"I used to buy what I need and what I like: a lot of shoes, clothes in general -- I love clothes," said Stephanie Guzman, who works at the Wireless Image kiosk at the Weberstown mall near Stockton. "I only buy what I need now -- I don't have money."
Last Friday, the Commerce Department said retail sales fell by almost 2 percent in November. It was the fifth month in a row -- a period of weakness never before seen on the government's retail sales records.
Stockton resident Debbie Rooker is shopping, but for more practical gifts this year.

"Less electronics and more clothing," said Rooker, whose family lives on her husband's pension and savings from his career as a firefighter. "We got a rocking chair for one daughter and a frying pan -- a nice one -- for a son."
At the Westland Mall in Hialeah, Fla., northwest of Miami, Katherine Cuevas and her husband run two kiosks, one selling perfume and cologne, the other hawking child's gifts like toy laser guns and fire engines.
Business is off 40 percent from last year, and the Cuevases have had to let go one of their employees and put in longer hours themselves.
"If you can't pay your mortgage on time, how are you going to spend your money on perfume? They'll make one perfume bottle last a year," said Katherine, 36.

Consumer cutbacks are affecting stores of all sizes this year. Among the early casualties: Sharper Image, Linens 'N Things and Circuit City, which are all in some stage of bankruptcy.
At the Dolphin Mall in the Miami area, general manager Pete Marrero says sales at the outlet stores have been buoyed by international visitors, but home goods may fall short of expectations.
One reason is that housewares retailer Linens 'N Things is closing its store there.
"This is sad to watch," says George Schafer, a retiree who sits in front of Linens 'N Things as he waits for his wife to plumb the store's massive discounts.
A few miles east in Coral Gables, Fla., the sidewalks of swanky Miracle Mile look like bowling lanes -- wide and empty. Lined with restaurants and shops that sell expensive jewelry and apparel, Miracle Mile has at least six store vacancies, including a Qdoba Mexican Grill and what once was an upscale furniture store.

Yaime Diaz, manager of a store that sells multi-pocketed Cuban-style shirts known as "guayaberas," says she's noticed that foot traffic is down on Miracle Mile.
"It's just not the same as last year," she says, surrounded by shirts colored blue, yellow and red -- hues that contrast with the drab wooden plywood covering the windows of the shuttered furniture store just steps away.
One of the few cities with more foreclosures than Miami is Las Vegas. In the suburb of Henderson, a La-Z-Boy Furniture Galleries store near the edge of a large shopping mall was empty on a Sunday afternoon, though the mall itself was fairly busy.
La-Z-Boy announced last month it would close some 15 to 20 stores and cut about 850 jobs. Store manager Kevin Durney said his financing department was turning down some customers looking to borrow money to pay for furniture who would have qualified with the same credit score last year.

"The spendable income isn't there," Durney said. "It's a little harder for (shoppers) to make decisions."
Economic worries certainly have engulfed Detroit and its suburbs, as the Big Three automakers seek to stave off the Grinch by asking for a government bailout of their industry.
In Harper Woods, Mich., the watches and belt buckles at Buckles Unlimited sparkle like ornaments on a Christmas tree. Owner Adam Naseh says he used to sell 100 belt buckles a day, but now is selling 20 or 30.

"People are basically afraid of investing, of spending money," he said.
The housing market, the economy, the auto industry -- the list is enough to stress out any merchant. And the shoppers are even more harried. Just ask the Santa Claus who has worked a Detroit-area mall for the past five years.

"The kids are fine," he said, sipping coffee in full Santa gear. "The parents are nuts."
Associated Press Writers Donald Thompson in Stockton, Calif., Oskar Garcia in Las Vegas and Ben Leubsdorf in Michigan contributed to this report.

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The Forex market Is Running In Numbers You Would Believe

2008-12-17T19:41:00.000-08:00

The Forex market is running in numbers you would believe, peaking at almost 2 trillion dollars of trading DAILY. That is every day. As you are reading this article, billions of dollars are being traded in a 24-hour investment environment and people are making over hundreds of billions of dollars every day. Now Forex markets are a pretty niche investment corner of the capitalist market and there are only a few million people (in investment terms this is pretty little) actually actively involved in this, with a large piece of the pie dominated by big named companies and brokerage firms that pump in millions of dollars at a time to make a large profit. So it may seem a bit daunting but there are Forex trading systems that will ease you into a veritable bee hive of trading and investing, and allow you to be almost as effective in your understanding of the markets as those that have been in this for years and years.

Now Forex markets are very different from normal investment markets because it is a free floating market that can be accessed by internet from almost anywhere in the world. There is no physical place that limits this activity and you don’t need the access matrixes of some places like the NYSE or Wall Street to do your trading. While you can do this manually - do it only if you know what you are doing. I wouldn’t recommend anyone just allowing a brokers or a firm to do everything for you, having access to a system or a platform which you can access is great for a step by step and ‘all time’ scrutiny of the market and keeping track of your investments.

All order fills and communications are done through electronics and digital systems over fibre optics so the use of computers to do technical analysis or communicate with the broker are ideal for a system to come as the middle man that eases the process and makes things easier. A system is also more efficient and tracking and receipt analysis are almost always built into these Forex trading systems so you have the digital black and white and tracking options that you can customise to make sure you never miss a beat.

But I am sure that you understand that there is no risk free system and that risk is part and parcel of what you invest. Don’t allow a system to lead you to believe that everything will be taken care of, have the same level of diligence as this involves your money - sometimes a lot of money. A Forex trading system eases you in, holds your hand and stands by your side in communicating the difficult jargon and processes into an easy 17-inch layout and buttons. But it is up to you if you want to hire a financial advisor or a firm to further advise you on what to do. Literally, the ball is in your court.

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British Pound Technical Outlook

2008-12-16T16:03:00.000-08:00

I maintain that a multi-month rally in the GBPUSD is likely underway, possibly to as high as the mid 1.60s.

Near term, price appears ready to accelerate off of the short term support line. Staying above 1.4812 keeps the trend up. With 5 waves potentially nearing completion from there, a correction back to at least former support at 1.52 may begin soon.

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Homebuilder Sentiment Index Remains at Record Low

2008-12-15T13:43:00.000-08:00

Homebuilder sentiment index unchanged at record low of 9 in December

A key gauge of homebuilders' confidence remained at a record low this month, as builders continued to be overwhelmingly discouraged in the prospects of a housing turnaround amid a worsening U.S. economy and rising unemployment and foreclosures.

The National Association of Home Builders/Wells Fargo housing market index held at nine in December for the second month in a row.

Index readings higher than 50 indicate positive sentiment about the market. But the index has drifted below 50 since May 2006 and has been below 20 since April. The slide in builders' confidence sharpened this fall in the wake of the U.S. financial crisis, slipping three points in October and then five points in November.

"The crisis continues," NAHB Chairman Sandy Dunn said in a statement. "Congress and the Administration must step in with substantial incentives to bring qualified buyers back to the table as well as effective foreclosure relief programs if we are to end this negative spiral that is weighing so heavily on our national economy."

Homebuilders have asked Congress to enact a 10 percent tax credit of up to $22,000 for homebuyers that purchase a home over the next year. They also are seeking a temporary interest-rate reduction on 30-year mortgages.

Government incentives are needed, homebuilders contend, because many buyers are fearful of jumping into the housing market due to uncertainty over the economy and how much longer the three-year slide in home prices will continue.

"We have seen no improvement over the past month in terms of sales conditions for new homes," said David Crowe, the association's chief economist. "In fact, certain factors have gotten progressively worse, not the least of which is the job market, where massive layoffs are having a devastating effect on consumer confidence."

Major public builders such as D.R. Horton Inc., KB Home, and Centex Corp., have seen their stocks hammered as housing woes have worsened.

The latest builder index reflects a survey of 426 residential developers nationwide, tracking builders' perceptions of market conditions.

The builders' gauge of current sales conditions fell one point to eight, while expectations for sales over the next six months declined two points to 16, the NAHB said.

The index of foot traffic by prospective buyers remained unchanged at a record low of seven.

Regionally, builder confidence declined in the Midwest by one point to six. In the South, it slipped two points to 10. The index held steady in the Northeast at 11 and rose in the West by one point to seven.

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Angry UAW Members Lash Out at Southern Senators

2008-12-14T12:01:00.000-08:00

UAW lashes out at senators in Southern states with foreign car plants after auto aid bill dies

Festering animosity between the United Auto Workers and Southern senators who torpedoed the auto industry bailout bill erupted into full-fledged name calling Friday as union officials accused the lawmakers of trying to break the union on behalf of foreign automakers.

The vitriol had been near the surface for weeks as senators from states that house the transplant automakers' factories criticized the Detroit Three for management miscues and bloated UAW labor costs that lawmakers said make them uncompetitive.

But the UAW stopped biting its tongue after Republicans sank a House-passed bill Thursday night that would have loaned $14 billion to cash-poor General Motors Corp. and Chrysler LLC to keep them out of bankruptcy protection. The Bush administration later stepped in and said it was ready to make money available to the automakers, likely from the $700 billion Wall Street bailout program.

Still, autoworkers remain angry with the senators who tried to negotiate wage and benefit concessions from the union, then scuttled the House-passed bill that would have granted the loans and set up a "car czar" to oversee the nearly insolvent companies and get concessions from the union and creditors. Their top targets were Senate Minority Leader Mitch McConnell, R-Ky.; Sen. Bob Corker, R-Tenn., who led negotiations on a compromise; and Sen. Richard Shelby, R-Ala., who has been a vocal critic of the loans.

Kentucky, Tennessee and Alabama all house auto assembly plants from foreign automakers, and union officials contend the senators want to drive UAW wages down so there would be no reason for workers at the foreign plants to join the union.

"They thought perhaps they could have a twofer here maybe: Pierce the heart of organized labor while representing the foreign brands," UAW President Ron Gettelfinger said at a Friday morning news conference in Detroit.

Republicans in several Western states -- where unions are often shunned -- joined the Southerners in opposition.

But lawmakers and their spokesmen said the criticism is off base. Jonathan Graffeo, Shelby's spokesman on the Senate Banking Committee, said the senator has consistently opposed taxpayer-funded bailouts.

"He opposed the Chrysler bailout in 1979 when there were no foreign auto manufacturers in Alabama, and he opposed the recent $700 billion bailout of the banking industry," Graffeo said.

"Bailouts generally don't work, and this is a huge proposed bailout, and I fear it's just the down payment on more to come next year," Shelby said on the Senate floor Thursday night. "These companies are either already failed or failing, and that's a shame. These aren't the General Motors, Ford and Chrysler I knew."

Corker said the alternative he tried to develop would have provided federal money in exchange for restructuring the companies' debt and making the UAW more competitive in wages with workers at U.S. plants of Japanese competitors.

"Our members wanted to know that the UAW was willing to be competitive," Corker said.

"I basically pleaded with them to give me some language by some date certain that they were competitive with these other companies," Corker said. "That's where it broke down."

Hourly wages for UAW workers at GM factories already are about equal to those paid by Toyota Motor Corp. at its older U.S. factories, according to the companies. GM says the average UAW laborer makes $29.78 per hour, while Toyota -- generally viewed as the main competitor of the Detroit Three -- says it pays about $30 per hour. But the unionized factories have far higher benefit costs.

The union, GM and Chrysler have contended that the companies have restructured and the UAW has granted concessions that would make them competitive in 2010, but the economy went south this year and forced them into trouble. A third Detroit automaker, Ford Motor Co., asked for loans in case of emergency but says it has enough cash to make it through 2009.

Union officials also accused the senators of retaliating for the UAW's overwhelming support of Democratic candidates in federal races. The union gave $1.9 million to Democrats but only $11,500 to Republicans in the 2008 election cycle.

Many Democrats support the Employee Free Choice Act, which would take away employers' rights to demand a secret ballot on whether workers will join a union. Instead, workers could form unions by getting a majority of employees to sign a card in support of it.

"There's a lot at stake. If Republicans think now they can tarnish labor, it's going to be difficult to pass the Employee Free Choice Act," said Gary Chaison, professor of labor relations at Clark University in Worcester, Mass. "The unions are going to say that a strong labor movement is good for America. One of the things Republicans are trying to show now is that a strong labor movement isn't good for America."

Other union officials joined Gettelfinger to form a chorus of anger and frustration with the senators.

"What this is is the Southern conservative senators trying to destroy the United Auto Workers, trying to destroy unions," said Mike O'Rourke, president of a UAW local at a GM factory in Spring Hill, Tenn., Corker's home state. "It's a sad day in America when the senators turn their back on Main Street."

In an effort to help the auto companies get federal aid, the UAW last week offered to delay company payments into a union-run trust fund that will take over retiree health care costs starting in 2010. It also agreed to end the controversial "jobs bank" program in which laid-off workers get most of their pay and benefits after unemployment pay runs out.

Most Southern U.S. auto plants run by Toyota, Honda Motor Co., Nissan Motor Co., BMW AG, Daimler AG and other manufacturers are nonunion. The UAW has tried numerous times without success to organize workers at the foreign-owned factories.

Spokesmen for Toyota and Nissan declined comment, but Honda spokesman Ed Miller said in a statement the company did not lobby against the bill.

"Honda has been encouraging initiatives that would maintain the short- and long-term viability of the U.S. auto industry, including the hundreds of the shared supplier companies in the United States," he said.

As the Detroit Three have declined and ceded market share to the foreign nameplates, the UAW's membership has plummeted 69 percent, from a peak 1.5 million in 1979 to 465,000 at the end of 2007.

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ForexGen | An Analysis of Orbital Sciences Corporation

2008-11-28T06:36:00.000-08:00

Research and Markets: An Analysis of Orbital Sciences Corporation: Also Covering the U.S. Search, Detection, Navigation, Aeronautical, Nautical System and Instrument Manufacturing Industries

Research and Markets
has announced the addition of the "Orbital Sciences Corporation and the U.S. Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing Industry" company profile to their offering.

The Orbital Sciences Corporation company report details the company's key financial data, business operations, technology and patent activities, financial benchmarks against the Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing industry in the US, and that industry's pertinent information such as financial data, downstream industries, competitive landscape, upstream industries, and industry structure.

This company report provides a breadth of information on the company and its relevant industry in the US - Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing industry, represented by the 6-digit NAICS code 334511. The report first presents the company data, and then presents industry data in a similar, logical flow for the reader to draw relevant comparisons. The complete understanding of the company and its industry allow for better forecasting of specific and industry-wide trends in times of economic uncertainty. This detailed information resource contains at least 5 years of independently researched industry statistics cross-referenced with the relevant U.S. and international economic indicators. All data have been verified to ensure the highest quality.

Company Revenue Preview
Orbital Sciences Corporation generated $1,084M, $803M, and $703M worth of revenue in the fiscal years ending approximately December 4, 2007, 2006, and 2005. In those respective years, the company's gross profit margins were 17.3%, 19.8%, and 17.9%.

Excel Datasheet
The data presented in the report is also included in an Excel file for further analysis and data manipulation. It includes all of the companys financial data presented in the report (income statement, balance sheet, cash flow statement, segment data, financial ratios), executive compensation, subsidiary listing, USPTO patent activities (dates, application numbers, abstracts), and links to SEC filings. This valuable resource provides the freedom and convenience to conduct further research into the company at your will, be it data-mining or integration into forecast models.

Report Summary
This 90-page research report provides an unparalleled breadth and diversity of information on Orbital Sciences Corporation and its relevant industry. The two-part presentation of data, company and industry, paints the most complete picture of the company and its business. The summary of the company's operations and structure, backed up by crucial financial numbers, allows one to quickly understand the company. And the inclusion of hard-to-find data such as sales by segment, patent activities, subsidiary listings, and executive compensation further enhance this research.

The industry data, with a macroeconomic perspective, provides the indispensable context of the arena in which the company operates. This unique insight is provided by the enclosed sections covering the industry. In the cost analysis section, 71 upstream industries are analyzed to offer insight into the supply chain cost structure. For the channel and pricing structure, 24 downstream industries are analyzed. The competitive landscape section provides the number of companies and their revenue share within the industry, the market concentration, and a list of major players. All related trade associations, industry standards, and trade publications are also listed.

Our clients include Fortune 500 companies, manufacturers, international top consulting firms, major retailers and wholesalers, professional trade associations, financial corporations, universities, governmental entities, start-ups and individuals. We are committed to providing the highest level of quality to all our clients and assure your satisfaction in the report delivering as promised.

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ForexGen Trading Station is the client's part of the online ForexGen Trading Platform. We provide all the needed trading tools for a successful trading. We attempt to supply the sufficient information and tools in order to make the Forex traders' decisions more appropriate and easy. The program has a simple and user friendly interface that allows traders to monitor their transactions and their account as well as performing technical analysis and develop Forex trading strategies of their own.

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ForexGen | DCS Announces At-Par Redemption Notices

2008-11-27T08:47:00.000-08:00

DCS Announces At-Par Redemption Notices for Auction Market Preferred Shares

Dreman/Claymore Dividend & Income Fund (the “Fund”), a non-diversified closed-end management investment company, today announced a partial at-par redemption of its outstanding Auction Market Preferred Shares (“AMPS”), liquidation preference $25,000 per share.

The Fund will redeem $10 million of its outstanding AMPS. The redemption price will be equal to the liquidation preference per share, plus accumulated but unpaid dividends as of the applicable redemption date (as noted in the table below). Following this redemption, the Fund will have $115 million of AMPS outstanding.

With respect to this partial redemption, The Depository Trust Company (DTC), the holder of record of the Fund’s AMPS, will determine how the partial series redemptions will be allocated among each participant broker-dealer account, which may include selecting AMPS to be redeemed by lot or such other method as DTC deems fair and equitable. Each participant broker-dealer, as nominee for underlying beneficial owners (street name shareholders), in turn will determine how redeemed shares are to be allocated among its underlying beneficial owners. The procedures used by various broker-dealers to allocate redeemed shares among beneficial owners may differ from each other as well as from the procedures used by DTC.

Claymore Advisors, LLC, an affiliate of Claymore Securities, Inc., serves as the Fund’s Investment Adviser. Claymore Securities, Inc. is a privately-held financial services company offering unique investment solutions for financial advisors and their valued clients. Claymore entities have provided supervision, management, servicing and/or distribution on approximately $13.8 billion in assets, as of September 30, 2008. Claymore currently offers closed-end funds, unit investment trusts and exchange-traded funds. Registered investment products are sold by prospectus only and investors should read the prospectus carefully before investing.

Dreman Value Management, LLC, the Fund’s Investment Manager, was founded by David N. Dreman in 1997, and its predecessor firms date back to 1977. The firm had approximately $14.3 billion in assets under management as of August 31, 2008, primarily across institutional accounts, separate account wrap-fee programs, high-net-worth individuals and various investment companies. Independently owned, the firm is a value-oriented contrarian equity manager and places its primary emphasis on common stocks with growing dividends. David Dreman is widely known for his association with Forbes where he has penned a column entitled “The Contrarian” since 1980 and for publishing four books on low P/E contrarian value investing and behavioral finance.

This information does not represent an offer to sell securities of the Fund and it is not soliciting an offer to buy securities of the Fund. There can be no assurance that the Fund will achieve its investment objectives. The net asset value of the Fund will fluctuate with the value of the underlying securities. It is important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value. Past performance is not indicative of future performance. An investment in the Fund is subject to certain risks and other considerations. Such risks and considerations include, but are not limited to: Investment Risk, Market Discount Risk, Interest Rate Risk, Credit Risk, Lower-Grade and Unrated Securities Risk, Leverage Risk, Issuer Risk, Country Risk, Prepayment Risk, Reinvestment Risk, Derivatives Risk, Inflation/Deflation Risk, Management Risk, Turnover Risk, Anti-Takeover Provisions, Smaller Company Risk, and Market Disruption, Geopolitical Risk and AMPS Risk.

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Variable currency could be exchanged where any currency could be considered as general currency in the whole online trading operation in all the countries with the their national currencies.

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Our trading platform enables implemented data transfer for their economy. It allows supporting great number of online currency exchange traders via a single server with the following patterns: Pentium 4 2 GHz, 512 DDR RAM, and 80 GB HDD. Using recent protocols decreases the requirements of the data link and their execution cost.

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ForexGen platform offers a backup and restoration system to handle any damaging to the historical data. In addition, it supports a system which allows restoring the damaged historical databases in course of minutes using another server.

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The whole information exchanged between the different parts of the system is encrypted by 128-bit key which assures the safety of the transferred data and prevents any other person form utilizing this data. To increase the security our system is a built-in DDos attacks guard system it also increases the stability of the server accessing.

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At our trading platform we provide MetaTrader 4 Server API which allows the customization of the platform according to the trader's desire.

ForexGen | Short-Term Forex Technical Outlook USD/JPY

2008-11-26T01:53:00.000-08:00

Risk trends remain a dominant theme in the currency market, and continues to favor a bullish outlook for the Japanese yen.

Currency Pair: EUR/USD

Chart: 60 Min Charts
Short-Term Bias: Bearish

Analysis

Risk trends remain a dominant theme in the currency market, and continues to favor a bullish outlook for the Japanese yen. After reaching a low of 90.90 on 10/24, the USDJPY surged to a high of 100.58 on 11/4, but has pared gains over the past two weeks to hold within a broad range. The dollar-yen made a few attempts to push higher, but the lack of momentum suggests that investors remain bearish against the pair. At the beginning of the week, the pair surged higher to cross above 96.90-97.00 (38.2% Fib level), but retraced those gains to break back below the 120 SMA. Over the remainder of the session, we may see the pair to work its way down towards 94.60-70 (61.8% Fib level), and a break below this level could send the pair back towards the October lows over the near-term.

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* 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.

ForexGen | Euro, British Pound Retrace as Risk Trends Look Uncertain

2008-11-26T01:27:00.000-08:00

The Euro and the British Pound pulled back from US session highs in overnight trading as mixed results on Asian stock exchange painted an increasingly uncertain picture of risk sentiment. UK Gross Domestic Product and German CPI are set to offer predictably dour results, with forex traders likely looking past the European calendar to US releases for direction cues.

Key Overnight Developments

• Euro, Pound Pull Back From NY Session Highs

• Risk Trends Murky as Stocks Send Mixed Signals Overnight

Critical Levels

The Euro pulled back below the 1.30 level in overnight trading having reached as high as 1.3080 in during the US session. The British Pound followed suit, edging towards 1.53 having fallen over 200 pips from the high at 1.5534.

Asia Session Highlights

With no market-moving data on the economic calendar, trading in the forex markets took on a corrective tone overnight with the US Dollar recapturing a bit of lost ground after the sharp selloff in the US session. The greenback tumbled as risk appetite rebounded just before the opening bell on Wall St when the Federal Reserve announced it would commit up to $800 billion to boost credit access for consumers, homebuyers, and small businesses. The central bank said it would offer $200 billion in a program to extend lending directly to credit-seekers as well as spend $600 billion on buy up debt issued or backed by government-chartered companies like Fannie Mae and Freddie Mac. US Treasury Secretary Henry Paulson said the direct $200-billion facility was just a “starting point”, stressing that “It’s very important that lending continue to be available” in the absence of private firms’ willingness to dole out loans.

ForexGen White Labels
Forex White Label partnership allows the trader a quick access to the online foreign currency exchange market.

ForexGen provides two types of trading White Label partnerships, a limited and a full solution. ForexGen different types of forex White Label partners are able to access ForexGen's trading platform entirely branded under each partner's unique company image and name. We provide a customizable online trading platform for the different types of the two White Label solutions.

ForexGen | Post of The Day: EUR/CHF

2008-11-26T01:13:00.000-08:00

Power Course Instructor’s Response:

Yes. That is the way that the Fibonacci tool would be used in a downtrend. Keep in mind, however, that price can retrace beyond the 50.0% level. Wait until at least two wicks break above the 50% level before making the determination to take a short position. A stop can be placed a bit above the highest wick in the formation.

Also, for the most accurate usage of the tool, be certain that the line is drawn from the top of the wick on your Swing High to the bottom of the wick on your Swing Low in a downtrend.

The reverse would be true in an
uptrend.

See the chart below for an example...

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* Providing several ways for our IB's to charge commission.
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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.

ForexGen Trend of The Day: GBP/AUD

2008-11-26T00:41:00.000-08:00

The Daily Trend for the Day: GBP/AUD

GBPAUD appears to have completed its 3 wave correction to the 61.8% Fibonacci support area after reaching new highs back in October.

MACD is below the zero line but heading upward and Stochastics is point up as well. Look for the 2.6000 to be reached in the coming days. A break below the 2.1550 area would invalidate this bullish scenario.
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We provide the trader with full scale demonstrations and troubleshooting for technical problems

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Forex scalping

2008-11-24T13:26:00.000-08:00

Forex scalping and day trading are more popular than ever but it's simply the best way to wipe out your equity quickly. Here we will give you the facts about forex scalping and why it is based on unsound logic which will see you lose.

First let me ask you a question:
There are millions of traders all around the world from banks to private traders, trading trillions of dollars all with different methods, motivations and diverse opinions.
How is it possible to tell what this huge diverse mass will do in a few hours?
Know the answer?
Well if you do you can make money at forex scalping - but it's obvious that you can't predict what this vast mass will do in a few hours but forex scalpers try. Here are some of the answers you get form vendors selling systems .
1. Support & Resistance is Valid In a Day and can be Traded
Fact: Its not - volatility is totally random, prices can and do go anywhere and support and resistance levels in daily time frames are not tradable.
2. Markets Move Scientifically
Fact: This is absolute rubbish! If there were a scientific theory that worked, everyone would know the market price in advance and their would be no market! Markets move because they are not certain and while human nature is constant it certainly is not logical and predictable with scientific accuracy.
Anyway, if anyone had found a theory that worked all the time they would be to busy making money to bother anyone else.
You will see lots of forex scalping courses on the net, all promising 50 ticks a day, regular incomes and the ability to predict prices in advance - It's a wonder anyone has to go to work! Buy one of these for $100 odd bucks, sit back and earn money for doing nothing - if only it were that easy.

If ever you see a day trading or forex scalping track record it's a simulation - simply look for this disclaimer or a similar one:
"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".
So there you have it - a vendor can make up any track record he likes in hindsight and of course they do (they have the sense not to trade it themselves) and simply put the above disclaimer on it.
Naïve and greedy traders can't resist it like bees at a honey pot, later they get a sharp lesson in trading reality - a wipeout.
The way To Make Money in FOREX
Is to forget day trading and forex scalping and trade time frames where you can get the odds in your favor and that means forex swing trading or forex trend following. The former looks for trends of a few days to about a week and the latter for weeks or months. Which you choose is up to you but with both methods ,the data is long enough for you to calculate the odds and enjoy currency trading success which is more than can be said for forex scalping.
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Wherever you look on the net

2008-11-24T13:06:00.000-08:00

you will say adverts for forex scalping and day trading systems which promise regular profits that can make you rich but there is a problem, none of them work, because forex scalping is based on logic that simply is not correct...
The problem of course is prices are determined by humans and I such short time spans as a day you have no way of knowing which way prices are going to go.
Millions of traders all using different methods and governed by the emotions of greed and fear cannot be predicted in such short time spans. This means that daily volatility is random, prices can and do go anywhere in a day and support and resistance is meaningless.

You will always see track records that make huge profits presented but they are all done knowing the closing prices! Let's face it if a track record looks to good to be true it normally is and this applies to forex scalping and day trading systems.
You can simply look for a disclaimer and you will normally find this one or similar on any track record.
"CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN".

Of course if we all knew today's prices in advance, we would all be rich but we don't.
Forex trading is harder - you have to trade going forward not backwards.
Vendors who sell these systems simply use hyped copy and a simulated track record to appeal to naïve or greedy traders - they know the system doesn't work, so they don't bother trading it - they simply make up a track record.
Despite the hype, forex scalping doesn't work and you need to trade the odds to win and that simply is not possible in short time frames.
There are two ways to make money in forex trading, you can either swing trade which takes advantage of trends that last for a few days to a few weeks, or long term trend follow which takes advantage of moves that last for weeks or months.
If you want to enjoy currency trading success, you need to trade the odds - to do this you must have valid data and data within a day or less is not valid.
Forex trading is not easy and you wouldn't expect it to be with the rewards on offer but if you learn forex trading the right way and spend some time on your forex education, you can make big profits and for the effort you put in no other business offers you more in terms of rewards.
So forget forex scalping systems and look to trade the odds, using valid data and this will lead you to currency trading success.
Forexgen Live Accounts Contest
Trade, Compete, and Win - Begins the 1st of Every Month!

ForexGen has the pleasure to announce the launching of its first monthly Live Accounts contest,
This is NOT a demo contest
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Forex Scalping

2008-11-24T12:56:00.000-08:00

Forex scalping is a short term method of day trading and forex scalpers are looking to take small profits regularly by timing moves on hourly charts. The idea is to only take small profits but get lots of them, to build profits over time and earn a big consistent income. There are lots of forex scalping systems for sale but how do you pick a winner?

The first thing you need to do, is look at the track record of the scalping system presented to you and check for a disclaimer. If you see the one below ( or one with a similar wording), you need to forget the system and look at others. Here it is read it carefully:

"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".
Basically, the above means the forex scalping system has not been traded and the vendor has simulated the track record in hindsight. A disclaimer like this, tells you nothing about the profitability of the system, as of course if we all knew tomorrow's price today, we would ALL be rich!

Making money in hindsight is easy, but we don't have that advantage in the real world.
Now you may be thinking well that's obvious enough - I Will just find a real time track record of forex scalping profits.
Get ready for a long search then! Why?
Well I have been searching for 25 years and not found a real time track record and the reason is:
Forex scalping doesn't work over the long term, because the logic it is based upon is fundamentally flawed.
The logic is, you can predict where prices will go in just a few hours - but of course you can't do this.

Volatility in short time frames is simply random.

Volatility can go anywhere in a few hours (and does) so, all that happens is stops get hit and you end up with lots of small losses. Because you are not running profits to cover them, you are simply destined to lose.
You can't win long term, as even if you are lucky - luck doesn't last forever!
Vendors know it's a good and appealing story - but that's all it is.
You never see a real time track record of gains and you have to wonder why a vendor if he really believes forex scalping works, doesn't have the track record to prove it.
Why ForexGen?

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 18+ countries.
ForexGen offers Forex trading in the major currency pairs and crosses.
Low capital start, with $250 as a 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.

Forex Scalping

2008-11-24T12:45:00.000-08:00

is one of the most popular ways for new traders to get into forex trading and offers the appeal of regular profits and low risk. In this article we are going to cover all the facts related to forex scalping for beginners, so lets get started.

Forex scalping in essence, looks to trade within daily time frames making small regular profits, using tight stops to generate big profits overtime - the big problem is it has never worked and never will.
Why?
Because the logic it is based on is simply incorrect and if you read on, we will tell you why and show you the evidence, which shows why one of the best ways to lose money in forex trading is.
Let’s take a look at the market first and how they move.
We have trillions of dollars traded daily, by millions of different traders and to say that you can say what this vast mass of traders is going to do in such a short time frame, as a few hours is laughable.
Fact:
All short term volatility is random.
This means that prices can and do go anywhere in a day – support and resistance levels are not valid, so it doesn’t matter how good your technical indicators are they will fail in this random environment.
I have seen successful track records though!
Sure you have – and their sold by vendors with a vested interest.
There are loads of them and they are all designed to bring forex scalping to beginners - for a few hundred bucks you get rich, sure you do.
Take a reality check!
These vendors make money selling forex scalping systems, NOT trading them - their far too clever for that.
What you will see is an unbelievable track record that shows great profits with little or now drawdown and common sense tells you that if it’s too good to be true and it most are!
Many traders however fall for the ploy and buy the system, lose and wonder why.
If they were to take a closer look at the forex scaling track records presented, they will see the words “hindsight” or “simulation” written all over the track record as a disclaimer.

What does this mean?
Well – the track record is done in hindsight and simulated, knowing the closing prices!
How hard is that?
My eight year old daughter could do that and so could anyone who can read and write and you can to – these track records are totally meaningless and really not worth the paper their written on.
You can of course find a real-time track record but you will spend a long time in your search – I have spent 25 years trying, so if you find one let me know.
The fact is forex scalping for beginners takes advantage of naive and gullible investors who think winning is easy and they don’t stop to think about the reasons these systems cannot and never will work
If You Want to Win
You need to trade the odds and that means using time frames that allow you to get the odds in your favour and this means trading longer term.
If you are a beginner at forex trading and want to get a forex education that will help you win look at forex swing trading or long term trend following here you work with valid data and can get the odds on your side.
Avoid forex scalping and forex day trading and like I said earlier if you find a real time track record let me know.

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ForexGen Day Trading

2008-11-21T00:47:00.000-08:00

This refers to the practice of buying and selling currencies pairs such that all positions will usually be closed within the same Forex the trading day. The day trading idea comes from stock market. Day traders rapidly buy and sell stocks throughout the day in the hope that their stocks will continue climbing or falling in value for the seconds to minutes they own the stock, allowing them to lock in quick profits. Day trading is extremely risky and can result in substantial financial losses in a very short period of time. Under the rules of NYSE and NASD, customers who are deemed "pattern day traders" must have at least $25,000 in their accounts and can only trade in margin accounts.

But in Forex market, every one can be a day trader to do day trading. Actually, more than day trading, they can do "scalping".

Scalping:

Scalping is a trading style where small price gaps created by the bid-ask spreads are exploited. It normally involves establishing and liquidating a position quickly, usually within minutes or even seconds. It means trying to get a few points (1~3 pips only, no greed, no long term) off the market every time. This strategy is based on a fact: approximately 70 to 80% of the time, the market is in a consolidation pattern. What this means is that for the majority of time the market is not making significant moves. For example, after the USA market is closed and before the Europe market is open, the Forex market tends to range in a consolidation channel for hours at a time before making another significant move in one direction. This kind of market behavior pattern is ideal for Forex scalping. Every time you enter the market, wait 10 or 20 minutes, once you have several pips gain then cash it and go.

Scalping has some features:

1, Lower exposure, lower risks. Scalpers are only exposed in a relatively short period.

2, Smaller moves, easier to obtain. The normal wave of the market will give you several pips easily.

3, Large volume, adding profits up. Since the profit obtained per share or contract is very small due to its target of spread, they need to trade large in order to add up the profits. Scalping is not suitable for small-capital traders.

But be careful, not every broker welcomes this kind of scalping strategy. If you scalp it too quick and thin, let's say you just hit 1 pip every 2 or 3 minutes then run, and repeat it again and again within a day, every day, you must feel high, eh? But the broker may be not happy and bans you. You will be kicked out because of your successful scalping!

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.

ForexGen | a Simple Route to Forex Profits

2008-11-21T00:18:00.000-08:00

If you want to get started in currency trading, currency swing trading is ideal. Here is a simple, easy to understand swing trading system to help you trade currencies for profit.

Swing trading is based on sound logic, unlike forex scalping or day trading which is the route a huge amount of traders go and lose.

Forex day trading and scalping doesn't work, because volatility in short term time frames is random, so you can never get the odds on your side.

Currency swing trading though involves using valid data of around 2 - 7 days which is valid and is based on the following logic.

Markets move to the following equation.

Fundamentals + Trader Perception of = Price

It's not the facts that are important; it's how traders perceive them that is.

Traders will always push prices to far away from the fundamentals, when greed and fear take hold.

Prices then become overbought and oversold in the short term and by executing trading signals against these overbought and oversold levels, the trader can make a profit, as prices return to more realistic levels which are in line with the fundamentals.

These price spikes are easy to see on a forex chart.

The trader can use the following method to take advantage of opportunities.

1. Look for a price spike
You are looking for price spikes, that make the market overbought or oversold in the short term and look for a level you think will hold.

2. Use Momentum Oscillators

These will show you when short term prices are overbought or oversold.

We have discussed them fully in our other articles. Some excellent ones to use are - the stochastic, RSI, ADX AND MACD.

These are visual indicators and you don't need to know the calculation, just look at the visual set up.

When currencies become over bought or oversold, you look for a price change in the opposite direction, supported by momentum changing in the direction you wish to trade.

3. Stop and Target

When you get the chance to execute your trading signal, put your stop behind the area of support or resistance you are trading into.

You then need to look to take your profit early if the price moves your way and do it, just before it reaches an important level in the other direction.

You should always take your profit early, before other traders do, as this keeps the odds in your favour.

The above is simple to do and can make big profits.

Currency swing trading is ideal for novices, as it's easy to understand, you get plenty of action and of course, it can be very profitable.

ForexGen Trading

The Foreign Exchange currency market is known as FX. It is the simultaneous buying of one currency and selling another, currencies are traded and exchanged in pairs. Traders are all unified on one goal, making profit. Profits are produced when the prices move in the trader direction.

In the past, Forex markets were accessed only by larger financial institutes, investment banks, large multinational companies, global money managers, international currency dealers, and liquidity providers. Lately, online trading is offering trading platforms for each individual who wants to trade currencies in order to gain profit.

ForexGen NDD Accounts

2008-11-12T06:26:00.000-08:00

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.

Come in traders and burst into the market, time to show the world your power.

Bonus on Deposit in ForexGen

2008-11-12T06:22:00.000-08:00

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

2008-11-12T06:17:00.000-08:00

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.

ForexGen Pro Accounts

2008-11-12T06:14:00.000-08:00

ForexGen… We Enhance Your Performance

There are some questions needed to be asked to yourself:
- Are you interested in trading Forex?
- Do you have enough experience to trade on high amounts?
- Are you professional trader?
- Are you able to make profits with high tradable amount?
- Do you wish to gain huge profits?
If so, then this is your time to do it.

ForexGen concerns with all traders types and is anticipating for their benefit. So, for professional Forex traders, ForexGen has made an amazing offer. The minimum deposit to open a Pro Account it still $1000 instead of $5000! All ForexGen Pro traders are going to fund their account with as low as $1000 and, hence gaining 25% as a bonus. This offer is valid till the end of the current year,

Join The Row And Trade As A Pro…

ForexGen Premium Accounts

2008-11-12T06:12:00.000-08:00

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.