Wednesday, December 10, 2008

What is Marubozu ??!


Forexgen platform presents some indicators the Long Days indicate the great difference between the open price and the close price for a trading day. The shadow lines are much shorter than the real body. The Short Days indicate the small difference between the open price and the close price for a trading day. Both the body and the shadow lines are very short.

Marubozu means there are no shadows from the bodies. A White Marubozu is a long white body with no shadows which indicates a bullish trend. It usually becomes the first part of a bullish continuation or a bullish reversal pattern. A Black Marubozu is a long black body with no shadows. It usually implies bearish continuation or bearish reversal.

The Spinning Tops


Forexgen Charts present the Spinning Tops have longer shadow than the real body. The color of the real bodies is not very important. The pattern indicates the indecision between the bullish and bearish trends. Doji lines are patterns with the same open and close price. There are four special types of Doji lines.

The Long-legged Doji has long upper and lower shadows with the price in the middle of the range. It indicates indecision of traders. The Dragonfly Doji has a long lower shadow and no upper shadow. It is a good indication of bearish trend reversal. Gravestone Doji line has a long upper shadow and no lower shadow. It is a good indication of bullish trend reversal. Doji's all prices: open, high, low and close are the same for a trading day. It's a very unique line indicating the indecision of the traders, or very quiet market.

Wednesday, April 2, 2008

Education Program with ForexGen

ForexGen, in cooperation with E-market online, a leading online forex learning center, presents a series of online forex courses designed to guide beginners through the competitive world of Forex trading. This comprehensive, step-by-step approach to foreign exchange provides students with in-depth information, proper training, and useful resources - all the tools necessary for profitable trading.

With ForexGen, forex learning comes together with practicing: as students learn more about forex, they will be invited to put their knowledge into practice and put their skills to the test – all with no risk of course. Indeed, there is no better way to enter the forex market than through the ForexGen Demo Platform. As you absorb the information you will have learned, we will teach you how to trade and how to invest smartly on the FX market, in real market conditions. From the basics of forex to advanced trade orders and trading strategies, our learning programs will teach you the skills that make a good trader.

Main topics addressed in our forex courses

  • Forex market introduction: Learn the particularities of the foreign exchange market and how forex fits in the greater world of finance.
  • Trading strategies and tools: See how you can combine different trades and what trading tools you may use.
  • Types of deals: Find out about various forex market orders.
  • Fundamental and Technical Analysis: Interpreting graphs and economic data to make market predictions.
  • The Fibonacci correction: One of traders’ favorite technical indicators for identifying and predicting market trends.
  • Guide to online trading: How to start trading over the Internet.
  • Trading psychology: Adrenaline, impulses, and trading profiles – what kind of trader are you?
  • Money and Risk Management methods: One of the main aspects of speculation consists in increasing your chances for profit while reducing your chances for loss. Find out how.
  • What makes a champion trader: The do’s and don’ts of online trading.

Why such an education is important?

The main appeal of forex trading is that it can become a very lucrative source of profit. There is, however, a downside: it can also lead to substantial losses. Unfortunately, traders who rush into deals without a solid training – and they are numerous – are bound to burn. So why learn the hard way? With ForexGen's online forex courses, you acquire all the skills that make a successful trader. Forex learning was never so easy!

Visit us at: www.forexgen.com

Why Trade Forex with ForexGen

As you probably know, choosing an online broker is the first challenge you are faced with when considering trading forex online. Well, you've come to the right place! With ForexGen, you can rest assured; you are in the best of hands! There are many reasons why trade forex with ForexGen. One of them is that we are always ahead of the competition by constantly adding new products and upgrading our online trading platform for better performance and ease of use. Very few forex brokers offer the level of reliability and professionalism that characterize ForexGen. In fact, no other forex broker will attend to you like we do. It is important for us that you feel comfortable trading forex and other financial products on our system and that you feel you can trust us: that's why our business practices are based on values such as excellence, reliability and proficiency. Those ForexGen Values are at the core of our company's identity.

When you start trading with ForexGen, you won't want to trade anywhere else. And this is because we offer products and service of the highest quality in a secure and user-friendly environment.

Visit us at: www.forexgen.com

On Line ForexGen Broker

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.

Barriers
This is a standard option that automatically cancels out if spot trades through a prearranged knock-out level. This level is set below the initial spot for a call option, and above spot for a put.

Reversals
Reversals are primarily a Floor Trader strategy used to capitalize on minor price discrepancies between calls and puts. As implied by its name, reversals are the exact opposites of conversions.

When Is a System Suitable for Automation?
While the average trader can make money using any given toolkit, there are some cases that are not well-suited for complete automation.

Making Mistakes
When trading in the ForEx market it is best to come to grips with the cold hard fact that only 5% of all traders achieve their ultimate goal of being consistent with their profits. The difference between that 5% and everyone else is that they learn from their mistakes and recognize them as learning experiences, not personal failures to be ignored and swept under the rug.

Successful and Unsuccessful Traders
Unsuccessful traders don't want to learn the charts, the signals, and other intricacies of the forex market, become prideful, believing that they deserve more profit, are therefore take unwise risks.
Successful traders painstakingly build outwardly simple systems that have taken years to perfect, wait for predictable signals that are obeyed without question, want to know everything about their broker and their broker's practices.

Currency Value
The value of a currency is always given in terms of another currency. For example, the value of a US dollar in terms of British pounds is the £/$ exchange rate, and the value of the Japanese yen in terms of dollar is the $/¥ exchange rate. Understanding this procedure is particularly useful when dealing with unusual currencies.

Visit us at: www.forexgen.com

Education Program with ForexGen

ForexGen, in cooperation with E-market online, a leading online forex learning center, presents a series of online forex courses designed to guide beginners through the competitive world of Forex trading. This comprehensive, step-by-step approach to foreign exchange provides students with in-depth information, proper training, and useful resources - all the tools necessary for profitable trading.

With ForexGen, forex learning comes together with practicing: as students learn more about forex, they will be invited to put their knowledge into practice and put their skills to the test – all with no risk of course. Indeed, there is no better way to enter the forex market than through the ForexGen Demo Platform. As you absorb the information you will have learned, we will teach you how to trade and how to invest smartly on the FX market, in real market conditions. From the basics of forex to advanced trade orders and trading strategies, our learning programs will teach you the skills that make a good trader.

Main topics addressed in our forex courses

  • Forex market introduction: Learn the particularities of the foreign exchange market and how forex fits in the greater world of finance.
  • Trading strategies and tools: See how you can combine different trades and what trading tools you may use.
  • Types of deals: Find out about various forex market orders.
  • Fundamental and Technical Analysis: Interpreting graphs and economic data to make market predictions.
  • The Fibonacci correction: One of traders’ favorite technical indicators for identifying and predicting market trends.
  • Guide to online trading: How to start trading over the Internet.
  • Trading psychology: Adrenaline, impulses, and trading profiles – what kind of trader are you?
  • Money and Risk Management methods: One of the main aspects of speculation consists in increasing your chances for profit while reducing your chances for loss. Find out how.
  • What makes a champion trader: The dose and don’ts of online trading?

Why such an education is important?

The main appeal of forex trading is that it can become a very lucrative source of profit. There is, however, a downside: it can also lead to substantial losses. Unfortunately, traders who rush into deals without a solid training – and they are numerous – are bound to burn. So why learn the hard way? With ForexGen's online forex courses, you acquire all the skills that make a successful trader. Forex learning was never so easy!

Visit us at: www.forexgen.com

Forex Signals with ForexGen

The first thing necessary for a successful trade on Forex market is making up-to-date decisions, which, of course, is almost impossible without the fresh authentic information available for the trader. The most useful way of retrieving it is ForexGen signal services, responsible for timely informing its subscribers on every important Forex market events, along with providing tips on current trade.

Such brief notifications on latest Forex market events are called signals. A signal usually carries a short text (of one or two lines), giving a maximally informative instruction on current condition of certain market elements. Often the signal’s body also contains a tip giving the trader an advice on what actions shall he carry on.

You can learn about proper use of signals in bounds of
training and education programs for Forex market professionals. The problem is, Internet allows many different signal services (including free services, which, as one could expect, are often far unauthentic or provide out-of-dated information). A trader has to be able to understand signal systems good to select a trustworthy one, which, at the same time, will not involve too high subscribe payment.

Signals may be retrieved by the respondent in many different ways: via a notification placed directly onto the special signal service provider website, via mass email delivery, via the notification delivered as an SMS message on subscriber’s mobile phone, or with the help of a special client software, displaying the notification right on Windows/Linux desktop of his PC workstation. Some of the signal systems also have the possibility of working in straight cooperation with
automated trading systems of Forex market, allowing the trader besides of making the decision on time, to bring it to life right away.

Visit us at: www.forexgen.com