FOREX: forex signal

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Tuesday, December 2, 2008

Forex Technical Analysis:

The difference between technical analysis and f fundamental analysis is that forex technical analysis ignores fundamental factors and is applied only to the price action of the market. Forex technical analysis primarily consists of a variety of forex technical studies, each of which can be interpreted to predict market direction or to generate buy and sell signals. The technical analysis works by correlating the results and moves of current markets to create a short-term outlook for currencies. The rolling data that is produced throughout the trading day creates the interest in the markets and informs traders of the strong markets to back.

The Trend is Your Friend

Forex technical analysis is largely based around forex market movement trends, thus creating the widely used phrase ’the trend is your friend’ amongst traders. Buying and selling at the right time is the key in maintaining good levels of profits, following a trend is also about knowing where to entry a trade and more importantly where to exit.

Support and Resistance

Support and resistance is the basic of forex technical analysis. Support and resistance levels are points where a chart experiences recurring upward or downward pressure. A support level is usually the low point in any chart pattern (hourly, weekly or annually), whereas a resistance level is the high or the peak point of the pattern. Buying and selling at the support and resistance points makes a greater profit margin as long as they remain unbroken.

History Tends To Repeat Itself

Another important idea in technical analysis is that history tends to repeat itself, mainly in terms of price movement. The repetitive nature of price movements is attributed to market psychology; in other words, market participants tend to provide a consistent reaction to similar market stimuli over time. Forex technical analysis uses chart patterns to analyze forex market movements and understand trends. Although many of these charts have been used for more than 30 years, they are still believed to be relevant because they illustrate patterns in price movements that often repeat themselves.

Friday, March 14, 2008

Premium Account In Forexgen

Premium Account

Min Acc. Size $ : 50.000

Rec Acc. Size : 100,000

Max Acc. Size $ : n/a

Swap/Comm : n/a

Lots Available : stand-mini

Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot

Leverage : 1:50

Trading symbols : 24 major and cross forex spots+ silver and gold

Spread Majors : Fixed 0 pip spread in 10 pairs (EURUSD, USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY)

Spread Crosses : Fixed (3+ pips spread)

Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lot

News & Charts on platform : Yes

Lot Margin : $ 1000-standard lot and $ 100- mini lot

Trading execution : Dealing Desk Enabled, OTC execution

Name:
Forex Gen

Websites:
http://www.forexgen.com

Contract Specifications With Forexgen

Contract Specifications

• ForexGen is specialized in dealing spots, future and stocks; our clients can trade gold, silver, currencies spots and futures.

• For faster, more efficient and successful trading, ForexGen provides the result of online trading experience performed in ForexGen Trading Station which allows our clients to trade live streaming prices without a request for quote and with low spread forex trading.

• ForexGen's dealing room operates 24 hours a day from Sunday 23:00 CET until Friday 23.00 CET.

• The minimum amount to open an account is $250 USD.

• Lot is a predefined amount of a currency.

Important notice: all defined spreads above are targeted spreads, in volatile market situations and in important news or announcements, the above mentioned spreads can be increased for any pair. ForexGen reserve the right to change the values mentioned above at any time for any reason; a notification e-mail shall be sent to all clients to acknowledge any change in the contracts specifications.

How to trade Mini and Micro Lots
All ForexGen clients have the possibility to trade Mini and Micro Lots. The minimum amount clients can trade in Standard Account is 0.1 lot, i.e. 10,000 of the base currency (Mini Lot), The minimum amount clients can trade in Mini Account is 0.1 lot, i.e. 1,000 of the base currency (Micro Lot).

SWAP-FREE ACCOUNTS
ForexGen offers the swap-free accounts. Currency swaps will not apply to ForexGen accounts.
ForexGen will not charge a fee of per traded lot round turn. ForexGen will invoke this right in case of suspicion of abuse.

Stop, limit Order Execution
Our dealing room always tries to execute top orders (sell stop, buy stop, sell limit and buy limit) at the indicated price unless in the market gaps where price changes at a sudden and it is impossible to fill you with the price that initially requested.
Our dealers always try to fill you at the best price that can be achieved.

Streamline Dealing
ForexGen's clients buy and sell without a request for quote and that means ForexGen provides streamline dealing and tries hard to avoid requotes.
When clients try to take advantage of a wrong price quotes in the Market Watch, requotes take place.

Phone Dealing
ForexGen's dealing room operates 24 hours a day from Sunday 23:00 CET to Friday 23:00 CET, with consider to the Future currencies time
To trade by phone, the minimum amount for the client can trade by 10 lots (i.e. 1,000,000 of the base currency).
However, in the unlikely event of a breakdown of the ForexGen's online trading system, there are no minimum requirements for trade by phone.
ForexGen provides a high level of clients' security; the client has to state his/her password every time s/he trades by phone.

Margins

The margin or leverage a client can have depends on the client's account equity.

Name:
Forex Gen

Websites:
http://www.forexgen.com

Deposit Funds With Forexgen

Deposit Funds

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

ForexGen cares for its clients' funds, so that ForexGen allow funding operations with a guarantee of ForexGen itself that your fund operations are executed with high level of security and privacy.

Funds are accepted by wire transfer and e-gold payments. For full details about funding procedures and options kindly click here.

Please note that during the weekends and official holidays, wire transfers may be delayed.

Account receivable funding could electronically be funded by ForexGen in the same business day, thus the client's account will be funded in the same day of receipt. For our client's security, each wire transfer reference section must contain the client's name and account number.

ForexGen minimum deposit required to start trading is $250 . Also we have no limit for depositing fund into your account. You have the absolute right to choose the amount you want to deposit.