Just Who Trades FX Currencies
FX offer Trading occurs 24 hours per day, 5 days a week so investors always have access to brokers and the ability to trade and make profit FX offer Online trading platform makes trading easy and most can be personalized to suit your particular trading style and needs FX offer Very large and liquid market making it easy to enter and exit positions FX offer Volatile market that is prone to rapid price fluctuations-and the potential to make big profits-or take a big loss!
Trading is leveraged but brokers tend to offer very low margins (as little as 1% of the transaction total can be used as capital) forex offer No commission for trading-brokers make their money on the spread, or the difference between the ask and bid price
Forex offer Ability to set stop/loss points and limit potential loss while pursuing maximum profit
Basically, the FX offers the thrill and chase you might find in Vegas along with the technical analysis and detective work people associate with Wall Street.
Baby boomers especially love brokers which FX offer free demo accounts for the investor to learn the ins and outs of the Forex market before actually risking any money.
Like any investment tool, the Forex market presents risk for any potential investor. It is the risk that creates the opportunity for both profit and loss. And, like most investments, taking the time to do the homework and identify trends helps make more informed and guided decisions.
For anyone looking to make a real boost in their income or retirement account, the FX offers an opportunity to earn unlimited profits-but the losses can mount too so be sure to place stop/loss orders with any position to limit exposure.
What Foreign Exchange Market Offers
Friday, December 25, 2009
Forex Trading Firms
What Exactly Is Forex?
The word Forex or FX is actually a slang term for "foreign exchange" trading.
What FX traders do is to leverage the exchange rate differences of money that is used throughout the world to make a profit through trading foreign currency.
What Forex trading Firms do is hire brokers who end up making trades for investors.
Forex For Beginners
If you are a new person to the arena of foreign exchange trading, forex offer to search several elements in a company that does trading that will assist you in acquiring foreign exchange trading experience while not end up losing too much money in the process.
You Need A Good Firm To Work With
Find A Foreign exchange Broker That Won`t Rob You Blind
It`s not always easy to know what to look for in a foreign exchange broker competition, especially in any market, much less a market as complex as currency. But, if you want to trade in the market you need a good firm to work with. While it might be tempting to simply ask the foreign exchange brokers what they can do for you, you can`t always depend on them to give you a straight answer.
So instead, I`ve put together a few things to consider when choosing your foreign exchange broker competitive. You will want a foreign exchange broker competitive that has low spreads. The spread, which is calculated in pips, is the difference between the price at which a currency can be bought and the price at which it can be sold at any specific point in time. Since foreign exchange brokers competition don`t charge a commission, this difference is how they make money. Low spreads will save you money.
Along with this, you should be looking for a foreign exchange broker competitive attached to a reputable institution. Unlike equity brokers, they are usually attached to large banks or lending institutions. The firm should also be registered with the Futures Commission Merchant (FCM) as well as regulated by the Commodity Futures Trading Commission (CFTC).
The Ultimate Trader Champion
Wednesday, December 16, 2009
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
" 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
Tuesday, December 15, 2009
There aren’t many Forex promotions like this one, but then again there aren’t many Forex Brokers like this one.
- 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.
For more information about Christmas at ForexGen email us at Operations@forexgen.com
Choosing a Forex Broker
Monday, January 12, 2009
As a trader, you should always consider the total package when deciding on a broker, in addition to the type of spreads the broker offers. For example, some brokers may offer excellent spreads but their platforms may not have all the bells and whistles that are offered by competitors. When choosing a brokerage firm, you should check out the following:
• How well capitalized is the firm?
• How long has it been in business?
• Who manages the firm and how much experience does this person have?
• Which and how many banks does the firm have relationships with?
• How much volume does it transact each month?
• What are its liquidity guarantees in terms of order size?
• What is its margin policy?
• What is its rollover policy in case you want to hold your positions overnight? • Does the firm pass through the positive carry, if there is one?
• Does the firm add a spread to the rollover interest rates?
• What kind of platform does it offer?
• Does it have multiple order types, such as "order cancels order" or "order sends order"?
• Does it guarantee to execute your stop losses at the order price?
• Does the firm have a dealing desk?
• What do you do if your internet connection is lost and you have an open position? • Does the firm provide all the back-end office functions, such as P&L, in real time? Conclusion
Even though you might think you are getting a deal when paying a variable spread, you may be sacrificing other benefits. But one thing is certain: As a trader you always pay the spread and your broker always earns the spread. To get the best deal possible, choose a reputable broker who is well capitalized and has strong relationships with the large foreign exchange banks. Examine the spreads on the most popular currencies.
Very often, they will be as little as 1.5 pips. If this is the case, a variable spread may work out to be cheaper than a fixed spread. Some brokers even offer you the choice of either a fixed spread or a variable one. In the end, the cheapest way to trade is with a very reputable market maker who can provide the liquidity you need to trade well.
[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.
Different Brokers, Different Levels of Service
So what is the bottom line effect of each type of commission on your trading? Given that all brokers are not created equal, this is a difficult question to answer. The reason is that there are other factors to take into account when weighing what is most advantageous for your trading account.
For example, not all brokers are able to make a market equally. The forex market is an over-the-counter market, which means that banks, the primary market makers, have relationships with other banks and price aggregators (retail online brokers), based on the capitalization and creditworthiness of each organization. There are no guarantors or exchanges involved, just the credit agreement between each player. So, when it comes to an online market maker, for example, your broker's effectiveness will depend on his or her relationship with banks, and how much volume the broker does with them. Usually, the higher-volume forex players are quoted tighter spreads.
If your market maker has a strong relationship with a line of banks and can aggregate, say, twelve banks' price quotes, then the brokerage firm will be able to pass the average bid and ask on to its retail customers. Even after slightly widening the spread to account for profit, the dealer will be able to pass a more competitive spread on to you than competitors that are not well capitalized.
If you are dealing with a broker that can offer guaranteed liquidity at attractive spreads, this may be what you should look for. On the other hand, you might want to pay a fixed pip spread if you know you are getting at-the-money executions every time you trade. Slippage, which occurs when your trade is executed away from the price you were offered, is a cost that you do not want to bear.
In the case of a commission broker, whether you should pay a small commission depends on what else the broker is offering. For example, suppose your broker charges you a small commission, usually in the order of two-tenths of one pip, or about $2.50 - $3 per 100,000 unit trade, but in exchange offers you access to a proprietary software platform that is superior to most online brokers' platforms, or some other benefit. In this case, it may be worth paying the small commission for this additional service.
[ForexGen Services]
Client Services
- Customer Support
- Trading Support
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.
How to Pay Your Forex Broker
The forex market, unlike other exchange driven markets, has a unique feature that many market makers use to entice traders to trade. They promise no exchange fees or regulatory fees, no data fees and, best of all, no commissions. To the new trader just wanting to break into the trading business, this sounds too good to be true. Trading without transaction costs is clearly an advantage. However, what might sound like a bargain to inexperienced traders may not be the best deal available - or even a deal at all. Here we'll show you how to evaluate forex broker fee/commission structures and find the one that will work best for you.
Commission Structures
There are three forms of commission used by brokers in forex. Some firms offer a fixed spread, others offer a variable spread and still others charge a commission based on a percentage of the spread. So which is the best choice? At first glance, it seems that the fixed spread may be the right choice, because then you would know exactly what to expect. However, before you jump in and choose one, there are a few things you need to consider.
The spread is the difference between the price the market maker is prepared to pay you for buying the currency (the bid price), versus the price at which he is prepared to sell you the currency (the ask price). Suppose you see the following quotes on your screen: "EURUSD - 1.4952 - 1.4955." This represents a spread of three pips, the difference between the bid price of 1.4952 and the ask price of 1.4955. If you are dealing with a market maker who is offering a fixed spread of three pips instead of a variable spread, the difference will always be three pips, regardless of market volatility.
In the case of a broker who offers a variable spread, you can expect a spread that will, at times, be as low as 1.5 pips or as high as five pips, depending on the currency pair being traded and the level of market volatility.
Some brokers may also charge a very small commission, perhaps two-tenths of one pip, and then will pass the order flow received from you on to a large market maker with whom he or she has a relationship. In such an arrangement, you can receive a very tight spread that only larger traders could otherwise access.
[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.
Choose a Low Spread Forex Broker
Spreads can vary based on the currencies you're trading and what type of account you open. Most brokers will be offering different spreads for different currencies. For the most popular currency pairs like the EUR/USD or GBP/USD you will get the typical lowest spreads, while for currencies that have less demand will be traded with higher spreads.
The spreads will vary depending on the types of accounts. A mini account may have higher spreads than a full contract account.
It is important to realize that as the spread is the difference between bid prices and ask prices as determined by the free market they are not always guaranteed. So with a fluctuating market when the spreads widen, you will be charged with that wider spread. Spreads are tighter when there is good market liquidity but it will widen as liquidity dries up.
Fixed Spread Forex Trading Helps Secure Profitability.
Forex spreads are only meaningful when they are supported with good execution. For example, when you find a tight spread, but your trade is filled a few pips in the wrong direction, or your transaction is rejected, you are in trouble.
It means that your broker is showing tight spreads but in effect delivering wider spreads. Be aware of such rejected trades, and delayed execution, which are strategies to deceive the traders.
[ForexGen Scalping Enabled Account]
Advantages of No Dealing Desk Option
*Trade the news without intervention or restrictions
*Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits.
*Place scalping orders without intervention or restrictions.
*A client-friendly trading environment, No re-quotes.
*Ability to place orders inside the spread
*Competing rates from multiple banks
*Spreads are variable and can move sharply
*Ideal for active or professional FX traders
For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.com, or you can [chat] with our representatives, you can also[request a call back]from one of our agents by sending us your contact number and the best time we can reach you.
Forex Pips & Spreads
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The pip is the smallest measure of price move used in forex trading. For instance, if the currency pair EUR/USD is trading at 1.3000 and then changes to 1.3010, the pair is said to move by 10 pips. It is an acronym for Percentage in Point (pip).
In the wholesale market, currencies are quoted out to four decimal places, with the last placeholder called a point or a pip. A pip in most currencies is one/10,000th of an exchange rate or in USD/JPY, it is one/100th, likewise you can find for others.
Spread on the other hand is the difference between buy (long) or sell (short) for a currency pair. The bid/offer spread is the difference between the buying (bid) and selling (offer) price. The ask prices are the immediate execution prices for quick buyers or traders and bid prices are for quick sellers.
In Forex market you will find brokers who generally do not charge any commission from you. But they get their money by charging you a spread. As spread is the difference between the bid price and the ask price for any currency being traded, the broker will add this spread onto the price of the trade and keep it as their fee for trading.
Lower Pips & Spreads = Higher Forex Profits
Wider spreads will result in a loftier asking price versus a slashed bid price. The consequence is that you have to pay more when you buy and get less when you sell. This spread is charged only on one side of the transaction, usually on the "buy" side of the trades. To find out which brokers offer the best pips and spreads read our Forex broker reviews.
If the quote between EUR/USD is said to be 1.2222/4, the spread equals 2 pips as the difference between 2 and 4 is 2. But if the quote is 1.22225/4, the spread is 1.5 pips. So spread is the primary cost of trading for you and in differences in them makes a big impact.
Although it may not seem like much of a difference to be trading with a 5 pip spread vs. a 4 pip spread, it can add up very quickly when you multiply it with how many trades you make and how much money you're trading. You will find the difference to be as high as 25% on your trading costs.
Spreads affect the return on your trading strategy in a big way. As a trader your sole concern is buying low and transaction high. Wider spreads mean buying higher and having to sell lower. A half-pip lower spread can even affect your profitability.
Low, Fixed Forex Pips and Spreads.
[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.
Easy to Learn Home Business
Thursday, January 8, 2009
To Beat the Credit Crunch and Make Money Fast in 30 minutes a Day!
If you want to earn great profits in around 30 minutes a day and have a few hundred dollars, then the business enclosed is an easy to learn home business which can help you beat the credit crunch...
In this business there is never a recession, it can be learned in a couple of weeks and can be run in 30 minutes a day. So what is the business?
Its becoming a currency trader from home and don't worry, if you know nothing about currency trading. We will show you a simple plan you can apply to get on the road to profits. Before we look at the plan, let's look at the unique benefits of this business.
- You can learn it in a couple of weeks - You only need around 30 minutes a day to run it - You only need a few hundred dollars to get started - You don't need premises, stock or employees
- There is never a recession or downturn because as one currency goes up another must go down, creating constant opportunities for profit - There are constant profit opportunities - For every $500.00 you invest your broker will let you invest $100,000 allowing you to leverage up your gains and make money fast Leverage is what makes this business so lucrative.
Your broker will allow you to trade 200 x your investment, when you deposit your funds and no credit checks are required.
A Plan to Make Money
This is an easy to learn home business, as currency trading can learned by anyone with the right mindset and right education but how actually do you trade and know where currencies might go next?
The best way to trade is to simply look at Forex Charts of price. On these charts you will see currencies that trend up and down and your aim is to lock into and hold these trends. If you can do this with leverage on your side you can build huge profits.
Patterns and trends on charts repeat and the reason for this is the price of any currency reflects human psychology; it's constant and shows up in chart patterns that repeat again and again.
If you know how to spot the high odds patterns, you can trade them confidently and profitably. With the right education and some practice you can do this.
The Challenge
While this business can be learned by anyone, most new traders fail to make money and that's because they don't deal with leverage correctly. If there are big gains to be made, there is risk therefore leverage must be used wisely.
You must have the mindset to take your losses and keep them small and run your big profits.
Sure it hurts the ego a bit when you lose but this business is not about being right all the time, it's about making money. You have to accept losses short term to win long term, if you understand this then you're on your way to a potentially great income.
The Rewards
This is one of the few home businesses, where you can start with small stakes and make money fast and get on the road to a great second or even life changing income in around 30 minutes a day.
So if you want an easy to learn home business, where there is never a recession and want beat the credit crunch, look at becoming a currency trader from home and you maybe glad you did.
[ForexGen Services]Client Services
- Customer Support
- Trading Support
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.
Forex Day Trading - Make a Regular Income With Low Risk
Most novice traders like to use Forex day trading systems to keep risk low and scalp small regular profits. Here we will look in more depth at Forex day trading systems...
I have worked in investment houses where floor traders made a lot of money day trading sometimes millions per annum, as they had an advantage of having the news quicker and could react quicker than the retail traders.
With the rise of the internet this advantage as disappeared, as we all have the information at the click of a mouse and no one has an advantage and this has meant Forex day trading doesn't work.
We will show you a better short term method of trading that works later but lets first look at the facts of why you will lose money in daily time frames.
The problem today is that if you try and day trade, you are simply trading within the daily range and trying to use support and resistance levels that are not valid, you can't get the odds on your side and you will lose.
There are a lot of systems sold online which tell you they make money scalping profits on a regular basis but they don't work in real time!
These systems are based on back tested results knowing the closing prices and all fail in real time. Most are sold by marketing companies not traders and the past results never repeat.
If you think about day trading the aim of predicting where prices may go in minutes or hours is impossible, here's why.
You have millions upon millions of traders, all with different systems, aims, various levels of skill and a huge percentage who respond to their emotions. This vast mass of people is not logical and trying to work out where prices will go in the short term, is impossible and you will never win.
Lots of people will tell you markets move to some higher form or science and can be predicted but it's obvious they don't. Because if they did, we would all know the price in advance and there would be no market.
The myth that retail traders win long term with Forex day trading systems is just that - a myth.
Winning at Forex Trading
Forex trading is all about trading the odds and you can't get the odds on your side in such short term time frames. If you want to trade short term and get the odds on your side then try Forex swing trading.
Swing trading is still short term but the time frame of a few days to about a week allows you to get the odds on your side and that's what you need to do to win at Forex.
So forget Forex day trading systems and look at swing trading, its simple to learn, exciting and you can get the odds on your side and win. Check this method of trading and you will be on the road to currency trading success.
[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.
The Novice Traders Biggest Mistake That Wipes Out Equity
Forex Trading
Forex trading looks easy yet few succeed, the ratio of losers still remains around 95% with only 5% achieving long term currency trading success.
Anyone can learn to trade currencies successfully, but most novice traders simply do the following and lose all their equity quickly:
They try and buy forex advice from an expert and get their forex education by paying for it.
Now consulting an expert in many fields is a worthwhile exercise. If you want to drive you need a driving instructor and if you want to fix your gas boiler, you need an engineer.
So why not consult a forex mentor guru or vendor and gain from their experience?
Well the answer lies in this question:
Would you take driving lessons from an instructor who had never learned to drive or passed his test?
Of course you wouldn’t!
However that’s what the vast bulk of novice forex traders do.
They pay a few hundred dollars for a system; problem is the vast huge majority of these forex trading systems don’t work and have never worked and have never been traded.
The way to prove this is simply ask the vendor two questions:
1. Are you a trader? 2. Can I see your real time track record of profits?
Of course in the overwhelming majority of cases you won’t get one, so why should you trust your money on a system the vendor hasn’t got the confidence to trade himself?
Many novice traders however fall for the hypothetical track record, which shows huge gains all for $100!
The track record is hypothetical so it’s done KNOWING the closing prices and simply made up to show a profit, they have not been traded.
Now we could all make money if we knew what tomorrow’s closing price is today, but forex trading is not that easy.
The fact is you need to ignore the advice that people try and sell you and do the following:
All the basics of trading are available free on the net and you learn all the essential trading information as well as get some great strategies all free, if you care to look.
If you really want to buy some advice simply go to Amazon and buy the books by the great traders.
These guys have walked the walk and don’t just talk the talk - like most of the vendors on the net and good news it will be cheaper to.
[ForexGen Scalping Enabled Account]
Advantages of No Dealing Desk Option
*Trade the news without intervention or restrictions
*Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits.
*Place scalping orders without intervention or restrictions.
*A client-friendly trading environment, No re-quotes.
*Ability to place orders inside the spread
*Competing rates from multiple banks
*Spreads are variable and can move sharply
*Ideal for active or professional FX traders
For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.com, or you can [chat] with our representatives, you can also[request a call back]from one of our agents by sending us your contact number and the best time we can reach you.
Types of Forex Trading and Strategies
The foreign exchange market, or forex, being the largest financial market in the World has been the domain of government central banks as well as for commercial and investment banks in a scandalous manner and it exists wherever one currency is traded for another. But recently more numbers of individuals are handling the forex market as it offers trading 24-hours a day, five days a week, and the daily dollar volume of currencies traded in the currency market that exceeds $1.9 trillion daily, making it the largest liquid market in the world.
"Foreign Exchange" is the place where the money of one nation is traded with the other nation. The most popular pair of exchange in the forex market is "Euro Dollar". You can view these pairs in all forex display screens as "EUR/USD". Forex trading strategies are the key to triumphant forex trading or online currency trading. The management team of One World Capital Group bid proficiency in both Forex trading and internet technologies and proven track records that deals with large, global trading and brokerage operations as well. Forex made easy is as simple as you would want it to be.
Forex trading is different from trading in stocks entirely and it uses Forex trading strategies that will give you lot of advantages as well as help you to comprehend greater profits in the short term. There are wide ranges of forex trading strategies that are available to investors. It is one of the most useful of these forex trading strategies called as leverage. Knowledge of these Forex trading strategies can imply the difference between profits along with a loss and so it is essential that you fully grasp the strategies that are being used in Forex trading. The world of Forex trading is highly complicated and success requires education and familiarity with terms, charts, signals and indicators.
As you can be able to access it from home or office from any parts of the country, Global Forex trading is the most profitable and attractive internet income opportunity. And you do not need to do anything or there is no need of internet promotion for getting succeeded. Forex Capital Markets are nothing but foreign exchange markets where the currencies are been bought and sold continuously for profits. These capital markets of forex are present globally and their transactions are always non-stop in this forex cash market. A managed Forex account is forex made easy. Many different companies offer these accounts to their clients. The foreign exchange market is a worldwide market and as per to some estimates is almost as big as thirty times the turnover of the US Equity markets.
[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.
Components of a Trading System
Wednesday, January 7, 2009
- Market and timeframe.
- Entry. The trigger that initiates your buy or sell signal.
- Stop Loss. The level at which you will cut your losses in the event of the trade going against you.
- Profit Target. The level at which you will exit the trade to take profits.
An oscillator such as RSI (Relative Strength Index) could be used as a filter - so that you only enter a long trade when the RSI indicates oversold conditions and a short trade when the RSI indicates overbought conditions. The conventional wisdom holds that fewer parameters or 'rules' are better in developing trading systems.
A system like this can be programmed to auto-execute in a trading platform. Alternatively, the system could be 'semi-automated' whereby you are alerted when the entry trigger occurs, and oversee the placement of the trade yourself. Alerts can be audible through your computer, sent to your email or even sent as a message to your cell phone. The semi-automated system clearly carries less risk, with you being there in person to 'pilot' the system and execute the trades manually. A fully automated system should be rigorously tested both in a simulated and live environment.
[ForexGen Services]
Client Services- Customer Support
- Trading Support
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.
Advantages of the Forex Market
- The forex market is a true 24 hour marketplace five days a week, allowing for uninterrupted trading.
- The market is massively liquid: under normal conditions there is no problem entering or exiting a trade.
- There are no commissions, only spreads.
- There is no fixed lot size allowing a great deal of flexibility in your position sizing.
- The scope of the market is so vast that it is impossible to for any entity to manipulate it for an extended period.
- Forex dealers typically offer a great deal of leverage, sometimes as high as 400:1. Bear in mind this can work against you also if misused, and is probably the single factor contributing most to the failure of novice fx traders.
- Short Selling. Unlike the equity market, there is no restriction on short selling in forex.
- The market is highly volatile, creating many trading opportunities night and day.
[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.
Advantages of Trading Systems
- A rigorously tested trading system gives the trader confidence, and a framework for discipline.
- Trading systems take the emotion out of trading. Unlike a human, an automated trading system will never second guess itself, or be misguided by fear and greed.
- Automated trading systems free you of the necessity of being in front of the markets at all times. Once an effective system is developed and optimized it can be left to run independently.
Being a 24 hour market, some of the best forex trading will likely take place in the middle of the night regardless of your location. For example, if you are a trader in the US trading GBP/USD - you will likely be asleep during the volatile London open. Automated trading systems allow you to capitalize on market movement at all times. An automated system will allow you to focus on optimizing your strategy and money management rules rather than having to constantly watch the market.
- The use of automated signals and order execution allow you to trade multiple markets simultaneously rather than being glued to the movements of one market.
- Trading systems will increasingly afford faster identification of signals and reaction to them. As you might imagine, a machine will typically beat a human in the speed of identifying a trading signal and the entry of the corresponding order.
[ForexGen Scalping Enabled Account]
Advantages of No Dealing Desk Option
*Trade the news without intervention or restrictions
*Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits.
*Place scalping orders without intervention or restrictions.
*A client-friendly trading environment, No re-quotes.
*Ability to place orders inside the spread
*Competing rates from multiple banks
*Spreads are variable and can move sharply
*Ideal for active or professional FX traders
For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.com, or you can [chat] with our representatives, you can also[request a call back]from one of our agents by sending us your contact number and the best time we can reach you.
Automated Trading Systems and the Forex Market
A trading system is simply a set of specific rules, or parameters, governing entry and exit points. The technological advances of recent years have opened up a world of opportunity for the individual trader through the use of trading systems. For example, thanks to the internet and the PC, backtesting analysis of a trading system that would previously have taken months or years can be now done within minutes. Further, trading systems can now be fully automated - having the ability to both generate signals and execute trades automatically. Online communities of traders from all over the world, discussing and sharing strategies, are springing up and thriving.
The foreign exchange market is the largest and most liquid market in the world with trillions of dollars being traded daily by governments, banks, and large institutions. The volume traded in the foreign exchange market is several times greater than the total cash volume of the stocks and futures markets combined. This highly liquid, highly volatile market only relatively recently became available to the mainstream trading public. Prior to the late 1990's an investor was normally required to have millions of dollars to access the market at all. Technological advances and the advent of the internet have finally brought this market into the hands of the 'retail' trader.
[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.
Trading Forex News Releases
The most influential US data for the forex market are disbursed through the Employment Report, (including Non-Farm Payrolls) and Interest Rates (FOMC Rate Decisions). These figures normally create a high degree of volatility in the market, sometime creating trading ranges of over 100 pips and significant opportunities for traders.
[ForexGen Services]
- Customer Support
- Trading Support
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.
Spot And Forward Trading
Tuesday, January 6, 2009
When you trade foreign exchange you are normally quoted a spot price. This means that if you take no further steps, your trade will be settled after two business days. This ensures that your trades are undertaken subject to supervision by regulatory authorities for your own protection and security. If you are a commercial customer, you may need to convert the currencies for international payments. If you are an investor, you will normally want to swap your trade forward to a later date.
This can be undertaken on a daily basis or for a longer period at a time. Often investors will swap their trades forward anywhere from a week or two up to several months depending on the time frame of the investment.
Although a forward trade is for a future date, the position can be closed out at any time - the closing part of the position is then swapped forward to the same future value date.
[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.
