Introduction To Technical Analysis

FOREX analysis is divided into two types: Fundamental and Technical. Fundamental analysis attempts to predict movements in currencies by
examining current political and economic events.
Technical analysis uses historical economic data to predict movements in the FOREX. These two sections will examine the principles of technical analysis and the tools involved. Basic Principles

Technical analysis is based on three assumptions:
1. Price movements are a result of all market forces combined. Things that can affect currency prices include political events, economic conditions, supply and demand, seasonal variations and weather conditions. The technical analyst, however, is not concerned with the reasons for market movement, but rather, the movements themselves.
2. Currency prices follow trends. Many market patterns have been recognized as having predictable consequences.
3. Price movements follow historical trends. FOREX data has beencollected for over 100 years and patterns have emerged over time. These patterns are based on human psychology and the way people react to certain sets of circumstances.
Is Technical Analysis Necessary?
Most FOREX day traders rely heavily on technical analysis and may use fundamental analysis to support their trading strategy. A major advantage of technical over fundamental analysis is that it can be applied to many different markets and currencies at the same time.
Fundamental analysis requires in-depth knowledge of the political and economic conditions of a certain country; therefore it is less likely that any one trader can do proper fundamental analyses on more than a few countries. The beginner trader may be put off by the seeming complexity of technical analysis and wonder if it is necessary for FOREX trading. As with any investment, FOREX trading requires a strategy. Although any strategy is possible, technical analysis is a proven method for predicting movements in the FOREX. Does that mean it’s a sure thing? Nothing is 100% certain, and currency prices are affected by a variety of forces.

This is why many traders use a combination of technical and fundamental analysis to plot their trading strategies. AvailabilityEvery FOREX online broker should provide access to a wide variety of charts for technical analysis. Some charting software is available free of charge while in-depth professional charts may carry a monthly fee. Charts can be viewed by various time scales and provide detailed information about price movements as well analytical overlays.

Charts can be zoomed in to the tick level or zoomed out to see the broad picture over a period of months or years. Charts are updated in real time. FOREX charts may be available on your broker’s web site or may be included as part of their trading software. Before beginning in FOREX trading it is a good idea to become accustomed to market behaviour by following charts for a period of time and studying their movements and learning about trends. Many brokers provide practice accounts that can be used by beginners to place ‘paper’ bids – no real money is exchanged. These practice accounts familiarize the beginning trader with FOREX charts and market movement while at the same time allowing him to become acquainted with the trading software a particular broker uses.


[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.

Accounts And Brokers AND Common Misconceptions

A forex trading account is much like other types of accounts you may find at stock brokers or commodity brokers.

Usually there are no commissions involved in forex trading, as brokers are compensated through the bid/ask spread. Although brokers offer tight spreads on forex contracts, as little as 3 pips on the EUR/USD for example, with large volume that can add up to substantial revenue for the broker.
A managed account is structurally the same as a self-traded account, except clients sign a Limited Power of Attorney giving a professional money manager access to trade their account. Traders have trading authority only, they cannot deposit and withdraw funds. The account is always in the name of the client, never give funds to a non-registered individual. Any professional would never accept client funds directly, funds are always handled by registered institution.

When you are investing in forex funds are not leaving the country! You are trading on the interbank market (or off-exchange market) in either case, brokers settle their aggregate positions end of day in a similar method to stock exchanges, debiting and crediting profit and loss to client accounts. It is not as if your funds are being ‘wired’ out of the country and back.
The forex markets are some of the most technologically sophisticated in the world due to their simplicity. In forex there are less issues relating to execution, auditing, and clearing, which enable the software to be designed small and simple. For trading for profit, or for designing automated trading systems, forex is clearly the superior market

[ForexGen White Labels]

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

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

ForexGen | Genuine Online Trading Forex

You can get tons of online trading
FOREX on the Internet but which one is the really genuine online trading FOREX? Investing your money on the wrong online trading FOREX and your hard earned money will be gone. They are a lot of frauds on internet these days and we must be extra careful when selecting an online trading FOREX.

Once you’re sure that it is a genuine online trading FOREX, you must evaluate how good are their offer. Do they have hidden costs? Do they provide technical support? Are they teaching you the techniques and strategies of trading FOREX online for free? These are all the important questions you need to ask yourself before selecting a great and genuine online trading FOREX. If possible, find a genuine online trading platform that you can immediately register, deposit the margins of the deal and start running.
If possible, find an online FOREX trading where you do not need to download any soft wares. This type of soft wares will take you time to download and you need to spend more time learning its functions and features. Find an online FOREX which will provide you with sufficient tools once you’re registered. You also need to check for any hidden costs. Look whether there is any commission charged on trading and on your profit withdrawals. Find a FOREX trading platform which has a competitive spreads. The spread can go as low as 3 pips.

Choose your FOREX platform wisely or you’ll lose your money and time. Some online trading FOREX have hidden costs that are quite costly if you’re not careful. Worst, you’ll take days or even weeks to learn about their soft wares and features if you choose the wrong online trading FOREX. You need to determine what features and functions genuine online trading FOREX offer before putting your money inside.

ForexGen Accounts Funding
ForexGen offers the easiest, simplest and fastest way of Forex funds depositing, withdrawing and transferring provided with Customer Support personnel available 24/7 In order to serve its clients any time all over the world.

ForexGen Trading - The Next Wave

Did you know that Forex trading ranks approximately at eighty-five percent of all the daily transactions in the Foreign Exchange market? Forex trading is a term used when referring to the currencies of different nations being traded as bought or sold as at the same time another is sold and bought.
Dealing with Forex involves making a profit when selling currency, as you will be selling at a price higher than your cost of purchase. Since the Foreign Exchange market is such a large market for financial liquidation, the world over it is reasonable to understand how it is able to produce daily interesting yields.

Today through the wonderful advantage of an array of online trading systems, it is possible for many traders, big and small to take advantage of all the benefits that Forex Trading has to offer.
Since Forex is such a fundamental element of the world market, it is found to be fully active twenty-four hours a day. No matter what you are doing there are transactions that occur in the Foreign Exchange the world over, all week long.
Orders can be placed by a client with instructions to a broker to sell their equities overnight while others are sleeping if they wish. It is possible for Forex dealers to make transactions on the Foreign Exchange market at any major bank or Forex brokerage company.

If they feel capturing a future increase against another currency, they may choose to exchange the second currency for the first currency. In this manner setting up an expected program of producing a deal opposite the first by exchanging the first for the second, with a gainful profit rising from their dealings.
Generally, for the purpose of investment four major currency pairs are used when dealing with Forex. Take for instance, the British pound against US dollar and the US dollar against Japanese yen as well as the Euro against US dollar and the US dollar against Swiss franc.
In the recent past new or small entrepreneurs found it difficult to enter the Foreign Exchange market since the financial requirements were so inflexible and ridged as well as carrying a very large minimum in transaction sizes.
Before, the only principal dealers in the field were large entrepreneurs, big currency dealers , banks and other larger institutions. Back then, it was only those principal dealers who could afford the great advantage of the strong trends of currency exchange rates as well as the currency market's unrivaled liquidity.

However, today there are many small entrepreneurs who are taking advantage of this amazing opportunity of buying and selling. They may do so in any manner of numbers of small units since the brokers of the Foreign Exchange market are able to break down those larger sizes in inter-bank units, then they offer them up for buying and selling.
Since the Forex market is the largest financial market to be found worldwide, it is an interesting liquid market. Forex offers a daily turnover of nearly 1.2 trillion dollars on average. It is also known as the FX market as well as the Foreign Exchange market.
The price movements on the Forex market is a much smoother transaction in comparison with the stock market. As a result many new or smaller entrepreneurs are able to enter and exit their positions more efficiently and proficiently.
Becoming successful while working in Forex can seem to be a bit intimidating or overwhelming as well as laborious and demanding. However, it is now an opportunity that is most welcomed as an alternative option for the newer entrepreneurs or smaller companies as well as several interested individuals. When deciding to trade at the very same price movements and rates as any other currency dealer since they can earn just as much money, perhaps even make their fortune by using Forex.
As the old saying goes practice makes perfect. Once the new traders get acquainted with the skills required for Forex trading they gain a better confidence, as they can feel assured that whether any of the currency should raise of fall the market is good and stable. One thing is for sure, trading will not stop as long as there are supplies of different currency available for trading.

The ForexGen's provided services are all restricted and regulated by the international banking and financial regulatory standards. All our provided activities are supported by creativeness and modernization. Ambitious & motivated employees are working simultaneously to protect the customer's confidentiality. ForexGen is continuously providing the market's most competitive conditions.