Monday, April 27, 2009

Trade Terminal


The Trade Terminal allows trading and controlling the opened positions in real-time. It can be accessed through the menu opens View > Terminal or by pressing the Ctrl + T key combination. The Trade Terminal button on the toolbar can also be used. The Trade Terminal can be dragged to anywhere on the screen.

Trade Tab
It includes a list of the active currency positions. Positions are managed through a context menu by right-click on any position.

Active Positions Context Menu - a synopsis:
• New Order - will open new order form window.
• Close Order - will open the close order form window.
• Modify or Delete Order - use this option to edit your stop-loss and take-profit orders.
• Trailing Stop - a predetermined trailing stop can be entered or set up a custom one.
• Profit - determine the way of showing the profit as points, as term currency or as deposit currency.
• Commissions - the Commissions fields applied on and off in your trade terminal.
• Taxes - the Taxes field applied on and off in your trade terminal.
• Comments - the Comments field showed on and off in your trade terminal.
• Auto Arrange - When off, this allows you to rearrange your trade columns however you like (width, placement, etc.).
• Grid - show and hide the grid to separate the columns.


Account History Tab
The trade operations' information is stored in the Accounts History tab.
News Tab
Real time streaming news, showed directly on the desktop ForexGen customers and demo users.
Alerts Tab
This tab contains information about any created alerts. The alerts are generated for signaling events in the markets. The trader can set up his own alerts and the client terminal will automatically inform the trader of the server event.
Mailbox Tab
The Mailbox is ForexGen internal mailing system which includes the information about the registration, account and system.
Experts Tab
The Experts tab contains the information about any attached expert, including opening / closing of positions, the modification of orders, the experts own messages, etc.
Journal Tab
The Journal tab contains a list of your actions within the current session.


Trading Signals with ForexGen



Dash Board indicator

Dash board is an assisting tool that makes strategies combinations where its calculations depend on volumes and correlations between strategies including a function that weights the indicators’ signal depending on strategies based on trend, oscillators, bill Williams, volumes and custom indicator; it gets the average signal among all the strategies over a specific time frame. It shows the buy/sell signals by different strengths in the short, middle and long periods:

- Short strength expected results may take from 2 to 8 hours to produce profit and the expected gain may reach average 20 to 30 pips.

- Middle strength expected results may take from 8 to 24 hours to produce profit and the expected gain may reach an average of 30 to 60 pips.

- Long strength expected results may take from 1 to 5 days to produce profit and the expected gain may reach average 60 to 30 pips.

Indicator features:

- History mode feature that allows traders to get the dash board indications for any point in history.

- The ability to show or hide all strategies.

- The ability to add or remove any strategy from Dash Board calculations.

- Assigning weights for each strategy in Dash Board calculations.

- The ability to store Dash Board values in files.

Dash Board for all indicators

Dashboard for all is an assisting tool that includes 27 currency pairs, it allows traders to see the CIF values for the selected currencies on one chart. It represents the buy/sell signal by a percentage of different strengths (short, long, and middle). The dashboard for all calculations for each currency pair depends on, volumes and correlations between strategies including a function that weights the indicators’ signal depending on strategies based on trend, oscillators, bill Williams, volumes and custom indicator; it gets the average signal among all the strategies over a specific time frame. Dash board for all indicators includes a history mode parameter which allows the trader to get the dash board indication for a historical point for many currencies at any time frame.

Indicator features:

- Showing more than one currency pair on the same chart sorted by spread ascending.

- Showing currency pairs having the same spread with the same color.

- Showing average, short, middle and long term CIF values beside CIF values for all pairs.

- The ability to select the needed currency pairs to be shown.

- The ability to select directly all currency pairs to be shown.

- ForexGen support the following symbols.

- The ability to store current CIF values in a text file for the selected currency pairs.

- The ability to store history CIF values in a text file for the selected currency pairs.

- The ability to show or hide all currency pairs (hide them while storing in file).

- The ability to use currency pairs correlation and weights functions.

The following screen is to select the desired pairs to represent their CIF values on the current chart.

Strategies Board

Strategies board is an assisting tool that produces buy and sell signals based on many sophisticated trading strategies that anticipates the markets and predicts the trend and breakouts.The generated signals are the average signals among all the used strategies over a specific time frame. The signals is divided into different strengths in the short, middle, long periods.

Indicator features:

- History mode feature that allows the traders to get the strategy board indications for a historical point of time.

- The ability to show or hide all strategies.

- The ability to select the included strategies in strategy board calculations.

- Assigning weights for each used strategy.

The following screen is to select the desired pairs to represent their SIF values on the current chart.


Why learning with ForexGen?



Forex is definitely one of the most exciting and profitable markets. If you want to join the elite and start investing you need to follow 5 very simple steps that will eventually lead you to success:


Self Study:
In order to start investing you need to study and observe the Forex market carefully so that you can make the right decisions when the time comes.
You can study the fundamental analysis to monitor the political and economic news’ effect on FX market. Also the study of technical analysis is useful as it predicts the price movement based on past experience.ForexGen offers a Training section developed specially for new traders. This section mainly contain comprehensive summarized documents teaching you how to deal with the Forex market and what procedures you need to follow in order to minimize the risk.

• 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.

• Investment Strategy:
After gaining enough knowledge about the Forex market, you are ready to start putting a strategy for your investment. First thing you should do is make sure not to let your emotions get in the way of your strategy as it’s a common mistake made by new traders.
Secondly you need to make some decisions like how much you are willing to risk, if it’s worth risking, if the market is suitable for that kind of investment and finally you always have to be aware of the amount of money you are risking and if you have enough funds to maintain your margin.

• Observation:
Once you have started your investment, you are now capable of being automatically connected 24/7 throughout ForexGen’s new trailing stop software. Trailing stop allows you to control your balance 24 hours a day.

• Open your live account now:
Knowledge, practice, strategy and tools. You are definitely ready to start your investment by opening your first live account. Not like the demo account, you will now start committing real money. Just remember to stick to your strategy.

Multi Pair Charts


Multi Pair Chart Indicator

The multi pair chart indicator allows putting multiple currency pairs on a host currency chart and draw the difference between the these currencies (the added pairs and the host pair)

The multi pair chart is an indicator which represents more than one pair symbol, it creates further correlations between the pairs through hedging. It simulates the expected relations between more than one symbol to be more useful and to facilitate the trading process.


Why ForexGen?



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; crosses and CFDs.
  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.

We consider every client as a special case, a VIP and a partner. A client’s profit is our success and a client’s loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support. We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus. Let’s prove to you that you have taken the right step by choosing our partnership.

Make Money In Foreign Exchange With ForexGen

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How To Make Money In Foreign Exchange


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

The forex (foreign exchange) market is the world's largest trading market in which currencies can be bought and sold and, in spite of the fact that it has been in existence for many years, the market that we see now was shaped by substantial changes which took place during the 1970s when floating currencies and free exchange rates came in.

There is no particular 'home' for the foreign exchange market and trades can be carried out from anywhere in the world, not least from your own personal computer. The trading market is also essentially open around the clock because as trading is closing in one country trading in another country on the opposite side of the world is opening. This means that you can conduct your business at whatever time suits you whether it is during the morning or during the night. There will always be somebody somewhere who is willing to take your business.

The secret to making money in forex trading is to begin by learning the basics of trading and this means finding a high quality training course. It is not all that hard to make money with foreign exchange, but you will surely lose your shirt if you do not know exactly what you are doing. Therefore, you need to take the time necessary to learn the business before you begin and then need to make sure that you spend a bit of time trading with a dummy trading account before you begin to trade with your own money.

When you do begin live trading begin slowly and steer clear of day trading until you have a bit of experience as this part of the market can be especially volatile and is influenced by a large number of outside factors. Also, set yourself firm trading limits and do not go outside them under any circumstances. Essentially, never trade with money that you cannot afford to lose because, although you will definitely make money, you will also have your fair share of losing trades while you are getting the hang of things.

Finally, make sure that you are trading with the best forex trading software you can afford and do not be afraid to ask other people for help when you find that your are stuck!

As ForexGen believes that its success depends totally on its client's satisfaction and success, ForexGen is sharing its growth and new site release with wonderful promotion packages. If you want to take a look and join you can kindly follow this link http://www.forexgen.com/promotions/index.php

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. No hard expressions, no buzz words, and no rocket science language are used throughout these lessons.

How to Get Started?

People are introduced to the exciting world of foreign exchange in many ways: friends, current events, newspapers, television, and many others. For those of you who are new to forex, the following guidelines cover the basics of currency trading.

Step 1: "Practice makes perfect"

Demo trade. The demo account was designed to help traders gain familiarity with the speed and movements of the market. When you are demo trading, you should learn how to: 1) place market orders to enter a trade, 2) place stop-loss orders to protect your positions, and limit orders to take profits, 3) place OCO orders and If Done Orders to execute more advanced strategies.

Step 2: "Study, Study, Study".

Forex traders use fundamental analysis, technical analysis, quantitative analysis and sometimes a combination of all three to make their trading decisions. Fundamental analysis involves the use of economic, financial and political news to determine trading decisions. Technical analysis involves the study of Charts to predict future price movements based on past price patterns and trends. Quantitative analysis consists of the use of preset statistical models and properties in quantifying price formations such as averages, ret cements as well as identifying oversold and undersold situations.

Step 3: Manage your money wisely.

You should always be aware of the amount of money in your account before placing a trade. If you think a long-term trend is developing, then you should consider whether you have enough funds to maintain your margin and withstand any movements against your position(s) that may occur. We encourage everyone who opens an account with us to ask themselves the following questions prior to entering each trade:

1) How much am I willing to risk?
2) What is my upside and downside potential?
3) What are the market conditions? (Is the market volatile or calm?)
4) What is the logic behind entering this trade?
5) When can I conclude if the assumptions/logic behind the trade are/is correct or wrong?

Before entering an order, you should consider both your entry and exit points. One of the mistakes most commonly made by traders, especially new traders, is letting emotions get in the way of their strategy.

Step 4: Open a Live Account.

If you feel ready to trade this market, fill out our application forms and submit them today. Since the emotional factor may be higher than it was when you were demo-trading (as you are now committing real money), it is essential that you develop an effective strategy while demo-trading and plan to abide by it when trading your live account.

We hope you enjoy trading with us and wish you the best of luck!