Showing posts with label forex. Show all posts
Showing posts with label forex. Show all posts

Wednesday, January 7, 2009

Europe, Asia Markets Advance in Thin Holiday Trade

Europe, Asia stock markets advance in thin holiday trade; oil gains amid Israeli offensive

European stock markets closed higher after thin holiday trade Monday, although falls on Wall Street limited gains from commodity stocks. Asian stocks rose moderately.
In Europe, Britain's FTSE 100 gained 2.44 percent, or 102.76 points, to 4,319.35. Germany's DAX closed up 1.63 percent, or 75.48, at 4,704.86 and France's CAC 40 closed 0.47 percent higher, or 14.51, at 3,130.71.
In U.S. midmorning trading, the Dow Jones industrial average fell 86.10, or 1.01 percent, to 8,429.45.

Broader indexes also fell. The Standard & Poor's 500 index fell 10.60, or 1.21 percent, to 862.20; the Nasdaq composite index fell 27.53, or 1.80 percent, to 1,502.71.

Monday, August 18, 2008

ForexGen Trading Strategies



To be a successful FOREX trader you need a trading strategy. There is no one set strategy that is good for all traders; rather, each trader needs to develop his or her individual approach to the FOREX. Some traders rely solely on technical analysis while others prefer fundamental analysis,
but many successful FOREX traders use a combination of both to get a broad overview of the market and for plotting entry and exit points.
Technical analysis relies on one key concept: Prices move by trends. The common saying in FOREX is 'The trend is your friend.' Market movements have identifiable patterns that have been studied over many years and a thorough understanding of these trends and how they can be read forms the basis of a good
trading strategy.

There are many analytical tools available in ForexGen to understand market movements. The beginner FOREX trader is well advised to study each one separately for getting a working knowledge of their concepts and application. Once one has been understood, keep on using it while studying others. Each tool tends to reinforce the others.

Support and resistance levels are used in many FOREX trading strategies. 'Support' refers to the price level that is repeatedly seen as the bottom – when the price reaches this level it tends to rise. Resistance levels are upper prices that the currency rarely trades beyond. Support and resistance levels contain price movements for a period of time.

When currency prices break through support or resistance levels, the prices are expected to continue in that direction. For example, if the price rises above the previous resistance level, it is seen as bullish – the price should continue to rise.

To find support and resistance levels, price charts need to be analyzed for unbroken support and resistance levels. Charts can be analyzed in any time frame; however longer time frames establish more important support/resistance levels. Traders can use support/resistance levels to determine when to enter or exit a transaction.

Moving averages are another common tool in FOREX strategies. The simple moving average (SMA) shows the average price in a given period of time over a specified period of time. Moving averages serve to eliminate short term price fluctuations giving a clearer picture of price movements. FOREX traders can plot a SMA to determine when prices have a tendency to rise or fall. If prices cross above the SMA they have a tendency to keep on rising. Conversely, prices below the SMA have a tendency to continue their downward motion.

These are two examples of trading strategies that can be used individually or in combination. In practice, the FOREX trader should have a repertoire of trading tools to examine market conditions and to support the findings of one study or another. If several indicators show that the market is moving in a particular direction the trader can act with more assurance than when relying on a single indicator.

Similarly, fundamental analysis can be used to reinforce technical findings, or vice versa. Ideally, the FOREX trader will take several indicators into account when plotting a trading strategy.
Every trading strategy should provide clear guidelines about when to enter a trade, what to expect in terms of market movement, when to exit a trade, and how much loss can be accepted in case the deal moves against the trader. Following these simple guidelines and learning about technical analysis can help you become a successful FOREX trader.
One of the best online
FOREX trading strategy courses is offered by professional experts in ForexGen. They are an authority in currency trading education and demonstrates simple yet powerful currency trading strategies used by banks, financial institutions and professional Forex traders.

For more detailed information can be found here

Tuesday, February 26, 2008

ForexGen Academy


ForexGen Academy

If you are an experienced FOREXTrader or just a beginner looking for the opportunities offered in the FOREXmarket, Forexgen has created ForexGen Academy to give you the chance to get a ‘FOREX’ education and improve your trading skills.

Practice

ForexGen's Demo account gives you the chance to practice your Forex trading skills with absolutely no obligation on your side. You will also be able to learn how to virtually place market orders and stop-loss orders without risking a penny.

White Label With Forexgen



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.

Full White Label

We provide 'full White Label partnership' to match the needs of the regulated companies and organizations that have a legal authorization to hold clients' funds. Our online trading platform is the most qualified online trading software in addition to an experience based infrastructure, but the full White Label partner is responsible for all administrative work and of all contact with their clients, i.e. opening of accounts.

Limited White Label

Limited White Label partners are also offered to access our customized online trading platform but their customers have to open a direct forex trading account with ForexGen Investments. Consequently, limited White Label partners could be not regulated by a financial authority as they will not hold customers' funds. This service permits the customer to manage his trading actions freely without vast administrative paperwork.

WHAT are the advantages of being a WHITE LABEL PARTNER with ForexGen?

A Qualified and familiar online trading platform branded under each company name!

  • Streamline dealing with no request for quote for up to 200 lots (20 million).
  • Our online trading platform offers trading of 25 currency pairs also Gold and Silver with the 'one clicks trading' mechanism.
  • Constantly updated real time prices.
  • Real time charts with the most common indicators.
  • Daily account statement.
  • Recent technical analysis by Capital Management is provided each day to the mailbox in the ForexGen online Trading Platform.
  • Streaming news quotes provided by AFX News.
  • An attractive income sharing plan

Trading White Label enables our partners to charge their clients' commission for each traded lot.

They also have the ability to raise the spread for all or certain customers.

ForexGen offers a minor predetermined percentage for every closed lot traded by their customer in case that White Label partner does not raise the spread or charge their customers a commission.

Commission is paid out every month.

Individualized service

ForexGen white label trading offers our partner's individualized service created according to the individual needs and specified business situation for each IB.

White labeling enables you to access one of the two highly advanced ForexGen online Trading platforms according to the customer designation. This reduces your responsibility to provide a platform support and accounting personnel that is regularly required.

White Label trading service enables your customers to benefit from ForexGen advantages which revolutionize the retail foreign exchange industry.

  • A qualified online trading platform that offers sophisticated forex charts, a large scale of indicators and trading mechanism , hedging feature, trailing stops that adjust pip by pip, real time streaming quotes and more!
  • ForexGen trading services are provided without Dealing Desk which prevents the effect of any one on the prices and pip spreads
  • Low spreads - 2 pip EUR/USD, 2 pips USD/JPY and 3 pips GBP/USD, USD/CHF, and EUR/JPY.
  • ForexGen leverage could be 200:1 on standard accounts.

The margin requirements on all accounts are:

Account Equity (US Dollars)

Initial Margin

Maintenance Margin end of each weekday
(before 23:00 CET)

Maintenance Margin on Friday at 23:00 CET & before holidays

Less than 25,000

0.5%

No minimum required. Accounts are only stopped out at the stop out level.

0.5%

25,000 to 1,000,000

1%

No minimum required. Accounts are only stopped out at the stop out level.

1%

1,000,000 to 5,000,000

2%

2%

2%

5,000,000 to 10,000,000

3%

3%

3%

Above 10,000,000

5%

5%

5%

Getting Started page

  1. Send us E-mail for the application and information packet. whitelabel@ForexGen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it
  2. Set up costs. The set up costs for the white label program is $10,000 USD. This is charged for the approval of the application and before the project scheduling.
  3. Trading platform customization. The White label customization process is by creating a welcome page for your customers including the company name and logo.
  4. Grace period. You are allowed to create your required trading volume (500 standard lots per month) or funds under equity ($300,000 USD) in course of three months in order to avoid the maintenance fee of $500 USD each month, which will be paid after the end of the third month

Favorable trading conditions

  • 2 pips spread on six currency pairs.
  • Leverage of 200:1 leverage for accounts of up to $1 million US.
  • 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.
  • The minimum account size is $2,000 US which allows trading of mini-lots.

For full Information and online application, WL program Types.