Forex Tutorial - Review of the Kiss Forex Trading System

The trading of difference currencies is known as Forex or Foreign Exchange. A successful Forex trader is usually equipped with the technical knowledge of the Forex market aided with the various indicators to help you maximize your profits. This is where this forex tutorial comes into play.

In Kiss Forex Trading, it is somehow very unlikely type of doing Forex. The Kiss Forex Trading features a Set & Forget system and Metatrader Expert Advisor (Forex EA). These concepts were conceived after years of studying thoroughly the Forex market. The author discovered the three predictable patterns and supplemented with the winning money management, these will be your passport to a profitable trading business in Forex market.

The Forex EA tutorial will advise you daily with the exact time you have to trade. Then apply the set and forget system. It means set your computer for the pending trade which takes only three to five minutes and you are off to be the next profitable trader. This Forex tutorial will give you the benefit of freedom as you don’t have to sit all day in front of the TV screen or computer monitor observe the progress of the currencies while examining the market condition.

The Kiss Forex Trading tutorial is a strategic way of doing trade business while it omits the constant thorough scrutiny of the indicators for your Forex trade. The increase in your profits is based on timing and market flow. It has only one essential instruction which is to put your trades in pending at a certain time provided by Forex EA and you are allowed for one trade per day only.

Though Forex is usually analyzed through consistent monitoring of the progress of the price currencies while having the ability to foresee any expected instability in the market condition, this Forex tutorial system has eliminated this very fundamental step in initiating Forex trade business.

Being accustomed in the fundamental step of Forex trading, it is quite a risk adapting the strategic Kiss Forex program. Though the lifetime membership cost only US$ 99 which includes any system upgrades but subject to change after 1st June 2008, it is still money worth investment.

If you are an experienced ‘FOREX’ Trader or just a beginner looking for the opportunities offered in the ‘FOREX’ market, Forexgen has created ForexGen Academy to give you the chance to get a ‘FOREX’ education and improve your trading skills.
No hard expressions, no buzz words, and no rocket science language are used throughout these lessons.

What is traded on the Foreign Exchange? | ForexGen

The simple answer is money. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the Euro dollar and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY).

Because you're not buying anything physical, this kind of trading can be confusing. Think of buying a currency as buying a share in a particular country. When you buy, say, Japanese Yen, you are in effect buying a share in the Japanese economy, as the price of the currency is a direct reflection of what the market thinks about the current and future health of the Japanese economy.

ForexGen now has a trading new client called MultiTerminal. The MultiTerminal is intended for simultaneous management of multiple accounts, for which is mostly helpful for those whom manage investors' accounts and for traders working with many accounts simultaneously.

How You Make Money Trading Forex

In the FX market, you buy or sell currencies. Placing a trade in the foreign exchange market is simple: the mechanics of a trade are very similar to those found in other markets (like the stock market), so if you have any experience in trading, you should be able to pick it up pretty quickly.

The object of Forex trading is to exchange one currency for another in the expectation that the price will change, so that the currency you bought will increase in value compared to the one you sold.

ForexGen customer satisfaction is our major objective. To reach our business goals, we strive to put our client's goals in focus. We highly value our clients and always aim to exceed their expectations and cross the limitations encountered by the sophistication of the Forex trading industry.

Understanding Spreads | ForexGen

What Is A Spread?
FIRST, spread is the difference between the ask price (the price you buy at) and the bid price (the price you sell at) quoted in pips. If the quote between EUR/USD at a given moment is 1.2222/4, then the spread is 2 pips. If the quote is 1.22225/40, then the spread is 1.5 pips.
SECOND, it is how brokers make money. Wider spreads result in a higher ask price and a lower bid price. As a consequence, you pay more when you buy and get less when you sell, making it more difficult to realize a profit
Brokers don't typically earn the full spread, especially when they hedge client positions. The spread compensates the market maker for taking on risk from the time it executes a client trade to when the broker's net exposure is hedged (possibly at a different price).
Why Are Spreads So Important?
Spreads affect the return on your trading strategy in a big way. Probably more than you think. As a trader, your sole interest is buying low and selling high. Wider spreads means buying higher and having to sell lower. A half-pip lower spread doesn't sound like much, but it can easily make the difference between a profitable trading strategy and an unprofitable one.

Using Moving Averages | ForexGen

You can make money with individual stocks no matter what the market is doing.But it is important to look at some key measurements. One of these measures is the moving average. Short-term moving averages help gauge the short-term direction of the market, while longer moving averages take a big picture view.For example: if a stock breaks the 200-day moving average on its way down, that's generally thought to be bearish, and the longer-term trend could be reversing. The 200-day moving average can also act as support. If a stock comes down, but stops at the major moving average and then starts moving higher from there, it can act as a firm underpinning of support for the stock.Looking at the 50-day moving average can be quite useful as well. It's more of an intermediate snapshot of the price trend and is more sensitive than the longer-term 200 day. A rising moving average with the price trading above it is bullish, while a descending moving average with the price trading below it is bearish. More short-term signals can be seen with the 10- and 20-day moving averages. Moving average crossovers can also be valuable. When the quicker moving average (50 day for example) is above the slower moving average (200 day), this is thought to be bullish. Likewise, when the shorter term is trading below the longer-term moving average, this is thought to be bearish.Using a screener can be helpful in finding stocks that meet this criteria. Of course, moving averages alone don't tell the whole story. But a company with solid fundamentals while also trading above these momentum indicators can help you find stocks bucking a downtrend or confirming an uptrend.The screen that I'm running today looks for stocks trading above their short term (10 and 20 day), intermediate term (50 day) and long-term (200 day) moving averages. I'm also demanding that their current quarter earnings estimates have been raised within the last 4 weeks (or at the very least, not lowered); their average broker rating has been upgraded (or at the very least, not downgraded): and they have a Zacks #2 Rank or Zacks #1 Rank (Buy or Strong Buy).

ForexGen | USD/JPY

The USD/JPY trade is a good example of a nice simple trade. I wasn’t initially all that excited about the trade as the 89’s had moved into the 144’s area and was causing congestion on the 4 – hour chart.

But as the TI broke I started paying attention to the 30 – minute chart.

When the 30 – minute started breaking down it had all the looks of a solid break.

This will come with experience.You will develop a sense for when a break is real or false.

Read More : www.forexgen.com

What types of accounts are available for forex trading?

There are many different types of forex accounts available to the retail forex trader.
Demo accounts are offered by forex brokers as a way to introduce traders to their software and execution methods.
live account is an account opened by traders with real money deposited in order to start trading for real profitMini accounts, and full accounts are the most common types of funded accounts. Mini accounts are similar to regular trading accounts; however currency is traded in lots of 10,000 rather than 100,000. This allows for lower mandatory initial deposits, and greater customization of risk management.It is important that the currency trader consider what they want to get out of their account, before deciding on the type to open. Demo accounts, and mini accounts, are great for the retail forex trader to learn a profitable system, and get used to the execution methods of the broker. For the currency speculator that doesn't want to trade by themselves, a managed account would be better.

What Is Forex?

The foreign exchange market is the "place" where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. If you are living in the U.S. and want to buy cheese from France, either you or the company that you buy the cheese from has to pay the French for the cheese in euros (EUR). This means that the U.S. importer would have to exchange the equivalent value of U.S. dollars (USD) into euros. The same goes for traveling. A French tourist in Egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case the Egyptian pound, at the current exchange rate.
The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world. It dwarfs other markets in size, even the stock market, with an average traded value of around U.S. $2,000 billion per day. One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney - across almost every time zone. This means that when the trading day in the U.S. ends, the forex market begins anew in Tokyo and Hong Kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly.

What Is Forex?

The foreign exchange market is the "place" where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. If you are living in the U.S. and want to buy cheese from France, either you or the company that you buy the cheese from has to pay the French for the cheese in euros (EUR). This means that the U.S. importer would have to exchange the equivalent value of U.S. dollars (USD) into euros. The same goes for traveling. A French tourist in Egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case the Egyptian pound, at the current exchange rate.
The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world. It dwarfs other markets in size, even the stock market, with an average traded value of around U.S. $2,000 billion per day. One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney - across almost every time zone. This means that when the trading day in the U.S. ends, the forex market begins anew in Tokyo and Hong Kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly.