Showing posts with label traders. Show all posts
Showing posts with label traders. Show all posts

Sunday, January 4, 2009

Simple Steps to Catching Big Profits

If you want to catch the big profits in forex trading you need to trend follow forex trends which are longer term. Here we are going to give you a 3 step simple method which if you use it correctly, will help you catch every major forex trend and lead you to long term currency trading success.

Most novice traders don't bother trying to trend following forex longer term - instead they try forex scalping or day trading. These methods focus the trader on small moves and they hope to catch small profits however as most short term moves are random, this leads to equity wipe out.

The other choices are swing trading and long term forex trend following and this article is all about the latter method.

If you look at any forex chart, you will see long term trends that last for months or years. These moves can and do yield big profits - here we will outline a simple method to catch them.

Thursday, January 1, 2009

Gaps in the Forex Market


One of the main differences between a stock market and the FX market is that the FX market is a true 24 hour a day market. Trading is continuous around the clock and really only is closed on weekends due to the lack of volume rather than an actual close.

The result of this is that you very rarely see gaps on the FX related charts. A gap is when the open of one session is far enough away from the previous close to leave an actual gap on the chart. There can be many gaps on stock market related charts since the market stops trading late in the afternoon and will not reopen until early the next morning.

If a company’s earnings are released after the close, the next day’s opening price can be much higher or lower than the previous close. Any news item that causes a shift in the opinion of the value of the market can result in a gap on the chart. In the FX market, you do not see these gaps during the week as the market is open and trading. However, you can see gaps between the Friday closing price and the Sunday open

week’s trading is a good example as the chart below notes a gap as a result of the G7 meeting over the weekend. You can find more on the G7 meeting at www.forexgen.com, but the chart shows that the EUR/GBP opened much lower on Sunday than it closed on Friday. When you see a gap on a chart, the first thing traders will look for is for the market to move back to fill the gap

Friday, September 12, 2008

Latest Forex Offers In The Market | ForexGen




ForexGen.com is an online trading service provider supplying a unique and individualized service to Forex traders worldwide, Get The Bonus NOW


NDD Accounts



For all those who are interested in trading NND, ForexGen introduces to them incredible chance.



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The Unique Trading Offer | ForexGen




Pro Accounts



Because ForexGen main concern and priority is its clients, and its aim is to stand by the clients to trade profitably, believing that its clients' success is its own too.



So, ForexGen would like to offer all professional traders that the minimum deposit for its pro account is still $1000 and this offer will last till the end of the current year.



Then, it is a chance for all professionals who desire to fund or open ForexGen accounts to fund as low as $1000.



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ForexGen is continuously providing the Forex market's safest trading terms & conditions


Wednesday, February 27, 2008

Money Manager With ForexGen



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.

Individualized services:

ForexGen Money Manager’s services provide an extremely competitive program for managing client’s funds in order to introduce new clients to the Forex Market without having them to trade. The Money Manager will be gaining commissions from two fixed sources and a variable one based on the amount of deposits you are managing in your money manager account. Money Manager's client's account can be activated with the agreement of their clients. Moreover, they will be enjoying the benefits of being a ForexGen family member:

  • Up-To-Date RSS news feed.
  • Lowest spreads in the Forex Market.
  • Tremendous amount of Technical Indicator.
  • Fast order execution.

An Example for one of the Money Manager’s bonuses:

Deposit Amount (US Dollars) Bonus Added to
$50,000 $1,500 Master Account
$100,000 $3,000 Master Account
$250,000 $7,500 Master Account
$500,000 $15,000 Master Account
$1,000,000 $30,000 Master Account

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.

For full Information and online application, please click here

Refer a Client To ForexGen


If you have any friends who trade in the Forex market, and may be interested in joining. ForexGen.com, why not get a FREE cash bonus from their trading activities? The referring party will receive $100 USD to their ForexGen account, at the end of the month in which the following criteria are met:

1. The referred party has opened a live standard account of at least $2,500 USD and has traded 20 round turn lots.

2. The referred party has opened a live mini account of at least $250 USD and trades 20 round turn lot, the referring party receives $10 to their ForexGen account.

For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com This e-mail address is being protected from spam bots, you need JavaScript enabled to view it, or you can talk with one of our representatives on the live chat.

Also, you can request a call back from one of our agents stating the best time we can call you back.

To know more promotions