A Christmas Gift From ForexGen

There aren’t many Forex promotions like this one, but then again there aren’t many Forex Brokers like this one.

Get a 25% cash back straight into your trading account, on any deposit you make up to $100,000, during the month of December OR get free rebates also during the month of December and next 3 months that you will get $ 1 for each closed mini lot and $ 10 for each closed standard lot.

ForexGen knows what traders are looking for, Simplicity, Security and Safety. That’s why the majority of our traders use our services again and again.

• 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.
  

Register with ForexGen to start trading Forex and we’ll look after the rest.

For more information about Christmas at ForexGen email us at Operations@forexgen.com

Forex Technical Analysis for The Novice Investor:

Technical analysis tries to forecast future price movements by analyzing past market data.
One of the basic principles of technical analysis is that historical price data predicts future price action.
Whereas the forex is a 24-hour market, there tends to be a significant amount of data that can be used to determine possible future price activity. This makes it an ideal market for traders that use technical tools, such as trends, charts and indicators.

There are three basic steps forming the basis of technical analysis:

1. Market action discounts everything! This means that the price is a reflection of all components that is known to affect the market. Some of the factors are: fundamentals, supply and demand, political pressure factors and market sentiment. Pure technical analysis is only concerned with up and down price movements, not with the reasons for those changes.

2. Prices move in trends. Technical analysis is used to calculate patterns of market behavior. That market behavior has been recognized as significant. For many given patterns there is a high probability that they will produce the expected results. You should also be aware that there are patterns that repeat on a predictable basis.

3. History repeats itself. Forex Trading chart patterns have been recognized and categorized for over 100 years, and this leads to the conclusion that human psychology changes little over time. Since patterns have worked well in the past, it is assumed that they will not change in the future.

Technical analysis goal is to forecast price trends in future based on historical data along with the volume. Any private investor can access the technical analysis tools in order to compute his or her trading decisions. Technical analysis has been in use for centuries, that's why its premises are based on the experience, prolonged observation and can be considered quite reliable.

ForexGen | Pfgbest.com And Integral Partner

PFGBEST.com and Integral Partner on Technologies to Give Forex Brokers and Customers Access to Multi-Bank Liquidity


PFGBEST.com and Integral Development Corp. (Integral) announce their partnership to provide customers with private, branded FX trading technology solutions to access multi-bank liquidity.

Integral’s technologies aggregate prices from a number of banks, and provide these to PFGBEST.com retail brokers, dealers and customers through the PFGBEST.com MetaTrader4 (MT4) retail trading platform. This platform is bridged to Integral’s FX Grid®, global Multi-sided Trading Facility (MTF). The solution is designed to help retail brokerage firms and Introducing Brokers (IBs) gain access to forex market liquidity and then to stream the aggregated prices to their respective clients.

The PFGBEST.com MT4 platform has been used by several hundred retail forex brokers and dealers and to meet strong market demand, was recently made more broadly available to PFGBEST.com brokers and clients.

PFGBEST.com President and Chief Operating Officer Russ Wasendorf, Jr., said, “This agreement allows forex brokers to bypass single-source pricing systems in favor of direct market access to multi-bank liquidity from the FX Grid®. Access to that liquidity has universal appeal to most institutions, funds and professional traders. The retail trading platform supplied by PFGBEST.com – MT4 – is highly configurable to work for a whole host of FX trading models.”

Harpal Sandhu, Integral’s Chief Executive Officer, added: “Our technology gives PFGBEST.com the ability to aggregate multi-source liquidity, according to business requirements, and stream that liquidity directly into MT4 systems. The solution is delivered as Software-as-a-Service (SaaS), so integration with PFGBEST.com platforms and access for brokers is quick, easy, and accomplished without the need for new IT infrastructure or software.”

Deep liquidity and real time pricing are key to the hundreds of brokers that already leverage the PFGBEST.com MT4 trading systems. The single point of access to multi-source liquidity and aggregated pricing configuration offers what Integral describes as the purest form of FX trading.

ForexGen Trading 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.