http://www.blogigo.com/forextrading en forextrading forextrading Wed, 26 Mar 2008 11:06:49 +0100 daily 1 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... Wed, 26 Mar 2008 11:06:49 +0100 http://www.blogigo.com/forextrading/Win-at-Forex-Trading/20/ http://www.blogigo.com/forextrading/Win-at-Forex-Trading/20/ 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... Wed, 26 Mar 2008 11:03:56 +0100 http://www.blogigo.com/forextrading/Excellent-Strategy-Forex/19/ http://www.blogigo.com/forextrading/Excellent-Strategy-Forex/19/ 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... Wed, 26 Mar 2008 11:01:44 +0100 http://www.blogigo.com/forextrading/Follow-Forex-Trend/18/ http://www.blogigo.com/forextrading/Follow-Forex-Trend/18/ International currency market - Forex (from Foreign Exchange market) is the largest twenty-four-hour dynamically developing highly remunerative market in the world. The promising Margin Trading system is one of the most paying capital investing and business administering ways. Having originated in the 70-ies of the 20th century, it enabled a wide circle of progressive participants with not very big capitals to get income quickly by increasing the speed, turnover, number of deals and volume of trade. Trade with money for money and only for money (and these are the assets circulating on FoRex) has the lowest cost price of deals and the highest liquidity possible. Practically in seconds, at any time of day you can buy or sell at the market price any amount of currency essentially exceeding the capacity of any other market. Already now, the total volume of this ever-growing, huge international market exceeds 3-4 trillion US dollars per day, which is 1-3 annual budgets of USA (for... Wed, 26 Mar 2008 10:49:01 +0100 http://www.blogigo.com/forextrading/Forex-Introduces-Currency-Market/17/ http://www.blogigo.com/forextrading/Forex-Introduces-Currency-Market/17/ ForexGen's mission is to provide an online Forex trading platform that allows clients to trade the Forex market easily and successfully. On top of dealing with forex .Our online trading platform is unique and traders wishing to buy and sell currencies, options and indices will find it very user-friendly. Whether the value of a currency pair goes up or down, traders may benefit from it. By using our forex trading platform, clients also have access to real-time prices of indices, gold, silver and options.   Trading online with ForexGen is easy: clients can register to our platform in 3 easy steps, and within minutes, they have access to the largest financial market in the world - around $3 trillion in overall daily trade volume. Since Forex Trading practically never stops, the ForexGen Forex Trading Platform is available any time of the day. It offers free technical analyses, charts (including Japanese candlesticks), graphs, indicators such as RSI and MA and an... Wed, 26 Mar 2008 10:47:03 +0100 http://www.blogigo.com/forextrading/Forex-Mission/16/ http://www.blogigo.com/forextrading/Forex-Mission/16/ ForexGen believes in the power of partnership. For this reason, we have established a number of partnership programs through which you can use our good name and reputation in the world of online trading to advance your own business or further your revenues. All partnership programs are based on the principle of mutual benefit. Whether you are referring other clients to our company, promoting our brand, offering our platform to your own clients, using our platform and other resources for training or other purposes, you will gain from it. Visit us at: www.forexgen.com src=" http://badge.facebook.com/badge/1121594302.6.861734915.js "></script><noscript><a href=" http://www.facebook.com/people/Forex_Gen/1121594302 ">Forex Gen's Facebook profile</a></noscript> Wed, 26 Mar 2008 10:45:31 +0100 http://www.blogigo.com/forextrading/Forex-Partnership-Programs/15/ http://www.blogigo.com/forextrading/Forex-Partnership-Programs/15/ "Forex indicators" is the name for a number of analytical methods applied to the trading system, whether its rules are called signals. Mathematical approximation, also known as filtration is used in analytical methods. The main object of the technical analysis is certainly the share price figures. The direction, the strength, and the strength of the market are determined through technical analysis indicator. Technical analysis indicators are divided into specific and non-specific. Equation and algorithm are often used as the forms of quantifying technical analysis indicators. Other indicators, like head and shoulders, trend lines, support and resistance appear to be patterns. Certain functions represented by an indicator are taken from some time periods at the set time "window". There are six categories that indicators are divided into: Trend indicators Trend describes the direction in which the price moves during some... Wed, 26 Mar 2008 10:41:05 +0100 http://www.blogigo.com/forextrading/Forex-Analytical-Methods/14/ http://www.blogigo.com/forextrading/Forex-Analytical-Methods/14/ There are two principal and confronting schools in Forex analysis - the fundamentalists and technicians. Both are supposed to be right. Sometimes technicians are more successful, other times the fundamentalists are gaining more profit. And usually when one group of analysts makes a mistake the other surely says, "We told you so." So, which one to chose? There are many possible answers to that question, and three of them are the most popular. If you are a "long-term" Forex investor in search of enterprises with big capital, growth and income potential, the fundamentals are better. If you are a "short-term" Forex investor, or a Forex market trader, in search for companies who are "on the verge" of being discovered, fundamentals will be better. If you are a "long-term" investor who is not as concerned about one company's basics because you will diversify to minimize risk, or you are a "short-term" investor waiting for ... Wed, 26 Mar 2008 10:39:12 +0100 http://www.blogigo.com/forextrading/Types-of-Analysis-with-Forex/13/ http://www.blogigo.com/forextrading/Types-of-Analysis-with-Forex/13/ The US economy is the largest in the world. That is in the majority of Forex transactions traders involve the US dollar against another currency . The German mark , the Japanese yen, sterling (British pound) and the Swiss franc have been the basic currency of a lot of trading transactions. Each of these markets has very distinct features. The German mark has been replaced by the Euro. The German mark was a tower of strength. The traditional role of the Bundesbank was undermined after unification with the former East Germany and it has now been replaced by the European central bank. The Japanese yen has been highly changible in recent years. In October 1998, the most dramatic currency move in many years was seen as the dollar fell some 15% in just a few days against the Japanese yen . The Swiss franc serves as does the dollar from time to time, as a "safe haven". This is due to the isolation of the Swiss economy, its independent and... Wed, 26 Mar 2008 10:37:16 +0100 http://www.blogigo.com/forextrading/Forex-Currencies/12/ http://www.blogigo.com/forextrading/Forex-Currencies/12/ So-called exotic currencies have long offered enormous profit potential as well as very substantial risks. The most noticeable approach has been to single out weak, but fixed currencies for brutal speculative attacks, leading to large devaluations and extensive economic problems for the countries involved. The reason that many emerging currencies are artificially supported to the US dollar or other currencies is normally to force local monetary authorities to act with more discipline and to persuade holders of the currency against the risk of depreciation. Unfortunately, it has proven nearly impossible for most emerging countries to maintain the necessary discipline to justify stable currency levels and the result is nearly always a dramatic devaluation. In leveraged trading, such devaluations offer big profit potential, but in the intermediate periods where the currency is stable, high interest rates will benefit investors with the nerve to hold onto the currency. This makes... Wed, 26 Mar 2008 10:34:46 +0100 http://www.blogigo.com/forextrading/Arising-market-s-forex/11/ http://www.blogigo.com/forextrading/Arising-market-s-forex/11/ The Numerator is the top part of the fraction and the Denominator would obviously be the bottom part of it. Let's take an example with EUR/USD EUR would be the Numerator (the first currency which is on top) USD would be the Denominator (the currency that comes below or after the EUR) The numerator is called the base currency and the denomiator is known as the counter currency. Now whenever you place a "BUY" order in a Forex platform for example with the EUR/USD pair, what you are actually doing is buying the EUR and selling the USD. Buying in the Forex is known as going "LONG". On the other hand if you were to sell the pair, you would be selling the EUR and buying the USD. This is known as going "SHORT" exactly like short selling in a stock market. (Short-selling is where you sell a stock/currency/commodity first and then try to buy it back at a lower price). If you buy or sell a currency pair, you would... Wed, 26 Mar 2008 10:32:44 +0100 http://www.blogigo.com/forextrading/Numerator-and-Denominator-with-forex/10/ http://www.blogigo.com/forextrading/Numerator-and-Denominator-with-forex/10/ Forex, Fx or Foreign Exchange Market is a network of the largest financial institutions in the world such as central banks, commercial banks, and other financial institutions, corporate customers and forex brokers, where foreign currency is bought and sold. Daily forex trading in traditional forex exchange is very large and was estimated at USD 1.5 trillion in 1998. The forex market is a 24 hour global forex market that works all week except Saturdays and Sundays with no opening or closing hours. The four largest forex centers in the world are London, New York, Tokyo and Singapore . Usually forex trading is brisk in North America mornings, or afternoons in Europe due to both markets being open at the same time and usually due to new US economic data being released. The forex trading markets regularly trade a very wide range of currencies; however the majority of forex transactions are in five major currencies:... Wed, 26 Mar 2008 10:30:32 +0100 http://www.blogigo.com/forextrading/Forex-Trading/9/ http://www.blogigo.com/forextrading/Forex-Trading/9/ "Liquidity providers' worldwide chooses ForexGen! A reliable source announced that many Liquidity Providers World Wide chooses ForexGen for its potential growing business, reliability and security, which also has been confirmed by many traders dealing with ForexGen. ForexGen's representative declared that ForexGen ultimate goal extend behind investments reaching to winning its traders' confidence and trustworthy Throughout the last 4 years ForexGen has succeeded in building bridges of trust among traders maintaining high profile and rank among other competitors in the economic world.   "ForexGen to go east: ForexGen has announced that China and the Far East is on its top priority " ForexGen has proved to be one of the market leaders in today's world by having group of professional experts in the field of investments and economy A source campus has announced that China and the Far East ... Wed, 26 Mar 2008 10:28:55 +0100 http://www.blogigo.com/forextrading/Forex-New-Announcements/8/ http://www.blogigo.com/forextrading/Forex-New-Announcements/8/ Exchange vs. Over-The-Counter Options ForexGen options can be traded either on an exchange or in the over-the-counter (OTC) market, meaning between two parties. Types of Transactions Manufacturing companies who buy in raw materials from abroad and export finished products undertake both the purchase and sales of foreign exchange, as they are always dependent upon the supplying companies’ country of origin and its currency for their invoicing. Margin Trading Margin means borrowing money from a broker to buy a stock, or commodity, or currency pair and using the investment as collateral. It is, to all intents and purposes, a performance bond in cash or another means of security deposited by a trader. Role of the Adviser As the adviser is the primary contact between a market maker and a client, the adviser must demonstrate an overall understanding of the foreign exchange market in order to earn and maintain the trust of clients. ... Wed, 26 Mar 2008 10:27:25 +0100 http://www.blogigo.com/forextrading/On-Line-Forex-Brokers/7/ http://www.blogigo.com/forextrading/On-Line-Forex-Brokers/7/ ForexGen market (LLC) does not require its traders to work personally, “in the flesh”. There are many automated trading systems known (also called “trade robots”) providing full or partial automation of working in the market. Dedicated systems of trade automation, usually thoroughly developed and justified for many years, provide wealth and success for many leading traders of Forex market. Many of these systems are fully automated, so their owners’ success almost completely belongs to these software applications. Lots of automated trading systems are able to analyze the market independently, working completely on their own and constantly generating special Forex market signals , exclusively dedicated for their owners, who get this way the possibility to make more flexible and up-to-date decision on the international currency market. The automated trade system are often blamed for their unneeded conservativeness and limited consideration in decisions possible to... Wed, 26 Mar 2008 10:25:55 +0100 http://www.blogigo.com/forextrading/Automated-Trading-with-Forex/6/ http://www.blogigo.com/forextrading/Automated-Trading-with-Forex/6/ Free cash bonus when you open your new live account within the next 30 days. You will receive a FREE cash bonus which will be added to your trading account. The cash bonus depends on the account type you open.                                                                  Account Type  Free Cash Bonus   Mini Account 10% of your deposit maximum $250  Standard Account 10% of your deposit maximum $500     Open a New Live Account Now To be able to withdraw your free cash bonus, you need at least to open 20 trading lots in period not exceeds 3 months. For more information about our current... Wed, 26 Mar 2008 10:22:01 +0100 http://www.blogigo.com/forextrading/Forex-Special-Promotion-for-New-Clients/5/ http://www.blogigo.com/forextrading/Forex-Special-Promotion-for-New-Clients/5/ 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 this is a live trading competition open for all live mini account holders. At the beginning of each month, the slate is wiped clean and traders have a new opportunity to win the monthly prizes.  What makes this contest unique?   All prizes are CASH prizes with no restrictions on withdrawing the prize money!  How Do I Enter?  You don't have to pay any fee to enter this contest, all ForexGen mini Accounts with a balance of "$1000" and a default leverage of 1:200 are entitled to participate in this contest upon their account holder request by sending an e-mail request on live.contest@forexgen.com This e-mail address is being protected from spam bots, you need JavaScript enabled to vie... Wed, 26 Mar 2008 10:17:26 +0100 http://www.blogigo.com/forextrading/Forex-Live-Accounts-Contest/4/ http://www.blogigo.com/forextrading/Forex-Live-Accounts-Contest/4/  ForexGen has the pleasure to announce the launching of the Demo Account contest on the first of every month.   Interested clients who wish to participate in this event shall send an e-mail request on demo.contest@forexgen.com This e-mail address is being protected from spam bots, you need JavaScript enabled to view it  including the following information:  - Full name:  - Phone number  Also provide us with the following identification document: "Certified copy of the information pages of account holder current valid passport or government issued photo ID"   After we receive your request we will provide you with further details and with your demo account login information which will be used in the trading contest.  By the end of each contest:   1. All participants that manages to open at least 20 lots will be awarded a Live Account with $50 credit  2. All... Wed, 26 Mar 2008 10:12:27 +0100 http://www.blogigo.com/forextrading/Win-Cash-Prizes-with-Forex/3/ http://www.blogigo.com/forextrading/Win-Cash-Prizes-with-Forex/3/ If you have any friends who trade in the Forex market, and may be interested in joining. ForexGen.com, why not get a FREE cash bonus from their trading activities? The referring party will receive $100 USD to their ForexGen account, at the end of the month in which the following criteria are met: 1. The referred party has opened a live standard account of at least $2,500 USD and has traded 20 round turn lots. 2. The referred party has opened a live mini account of at least $250 USD and trades 20 round turn lot, the referring party receives $10 to their ForexGen account.                                                       For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , or you can talk with one... Wed, 26 Mar 2008 10:09:35 +0100 http://www.blogigo.com/forextrading/Refer-a-Client-to-FOREX/2/ http://www.blogigo.com/forextrading/Refer-a-Client-to-FOREX/2/ ForexGen LLC is fully complying with all applicable international laws and all financial regulations and procedures governing its industry in order to sustain the security standards in the financial services world. This is the reason why our customers have to provide us with identifying documentation and the documents proofing the origin of their funds in order to secure that the funds that ForexGen LLC will receive are fully and legally originated according to the European Trading Commission and the European Anti-Fraud Office. As the international banking standards imply, we preserve the entire customer's account information both personal and financial. Our target is to achieve our principal goal, which is gaining the customer's confidence and reach to the maximum satisfaction level. ForexGen LLC state-of-the-art encryption and confirmation rules and certification ensure that every trader's contract is verified and secured  Below is a short summary of the ... Wed, 26 Mar 2008 10:06:43 +0100 http://www.blogigo.com/forextrading/Forex-Regulatory-information/1/ http://www.blogigo.com/forextrading/Forex-Regulatory-information/1/