Australian Retail Sales Report Not Enough to Boost Australian Dollar

The Australian Dollar got an unexpected boost from a surprisingly strong consumer spending report, but limited follow-through suggests few expect domestic fundamentals will continue to improve through the foreseeable future.

The Australian Dollar got an unexpected boost from a surprisingly strong consumer spending report, but limited follow-through suggests few expect domestic fundamentals will continue to improve through the foreseeable future. Domestic Retail Sales showed impressive strength through the month of November, and many expect that aggressive fiscal stimulus packages announced in December will continue to support consumption. Yet analyst likewise cited fast-falling utility and fuel prices as a major driver of retail gains—leaving comparatively little hope for sustained improvement.

Elsewhere, Australian Trade Balance numbers were substantially worse than expected; sharp drops in metal ore exports and comparatively stable imports halved the trade surplus. A fast deterioration in global economic conditions poses great risks to demand for Australian exports. As demand for metal and other key industrial commodities falls, Australian export industries—and by extension the domestic currency—are likely to feel the effects.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

ForexGen.com is an online trading service provider supplying a unique and individualized service to Forex traders worldwide. We are dedicated to absolutely provide the best online trading services in the Forex market.

ForexGen provides a unique online trading experience based on our intelligent online Forex trading package, the ForexGen Trading Station, including the best online trading system.

US Dollar Strength May Hinge Upon Risk Trends Once Again

The US dollar ended the week mixed across the majors, as the currency tumbled against the British pound, which was strong across the board, but also slipped versus some of the commodity dollars on a brief pick up in risk appetite

The US dollar ended the week mixed across the majors, as the currency tumbled against the British pound, which was strong across the board, but also slipped versus some of the commodity dollars on a brief pick up in risk appetite. However, the US dollar’s biggest rally of the week was on Friday, after data showed that US non-farm payrolls fell by a whopping 524,000 in December and brought the cumulative total of job losses in 2008 to 2.589 million, the most since 1945. Meanwhile, the unemployment rate rose more than expected to a 16-year high of 7.2 percent from 6.8 percent. So why did the US dollar rally in response? There are a few reasons.

First, most of the major currency pairs remain within massive ranges, but major support levels for the US dollar helped to stabilize its decline. From a fundamental perspective, it is necessary to consider the fact that interest rates in the US can't really go any lower since the Federal Reserve has already cut the fed funds target to a record low range of 0.0 percent - 0.25 percent, and it is that interest rate dynamic (or lack of it), that is allowing the greenback to brush off this abysmal data. Furthermore, a sharp drop in the Dow Jones Industrial Average and surge in the Japanese yen on the same day suggest that risk aversion is lingering in the financial markets.

[ForexGen Demo Accounts Contest]

Win Cash Prizes

[ForexGen] has the pleasure to announce the launching of the Demo Account contest on the first of every month.

Interested clients who wish to participate in this event shall send an e-mail request on demo.contest@forexgen.com including the following information:
- Full name:
- Phone number

Also provide us with the following identification document:

" Certified copy of the information pages of account holder current valid passport or government issued photo ID"

After we receive your request we will provide you with further details and with your [demo account] login information which will be used in the trading contest.

By the end of each contest:

1. All participants that manages to open at least 20 lots will be awarded a Live Account with $50 credit
2. All participants that manages to open at least 20 lots and keep their demo account initial balance will be awarded a Live Account with $100 credit
3. The highest 5 accounts with the highest profits (including the floating P/L) will be awarded a Live Account with $250 credit.

The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.

For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com

Dollar / Swiss Franc Bottom at 1.0861 Should Hold

-Bullish against 1.0861, target at 1.15

-Short term support at 1.1067

The USDCHF fell in 5 waves from the November high (1.2303) and a correction of that decline is underway now.

There is a bullish opportunity against 1.0861 and the initial target would be 1.15 (61.8% of 1.2303-1.0367). Since the decline from 1.2303 is an impulse, a drop to new lows is expected once the a-b-c rally is complete.

[ForexGen Demo Account]

ForexGen provides its traders with a free Forex demo account where the trader is allowed to participate in Forex trading with real market conditions and get used to the Forex trading employing ForexGen professionalized online trading platform. A Forex demo account permits the trader utilize the advantages and the benefited features provided by our online trading services. The trader must enter a valid e-mail address to freely open a demo account. You will be able to upgrade to Live Account at any time with minimal efforts.

ForexGen demo account advantages:
* Innovated trading with no request for a quote for up to 200 lots (20 million).
* The client is provided by a simple system with included options that are easily grasped and used.
* Real time prices are usually modified and provided.
* [ForexGen] provides Real time charts with the most famous indicators.
* Daily reports for the account status.
* Summarization of the current client's orders, account equity, profit and loss ranging.
* Exclusive technical analysis provided daily to your mailbox in the Trading Platform. The trading real time technical analysis by Capital Management is sent daily to the trader’s mail
* Streaming News headlines are supplied by AFX News.
* The ability to form the traders own strategies using the Expert Advisor.

British Pound Due to Retrace Gains Next Week?

The British pound remained relatively strong on Friday, as it surged against the euro but slipped versus the US dollar toward support at 1.5135. The moves have been somewhat surprising in light of the fact that the Bank of England cut the Bank Rate to the lowest level since the bank was founded in 1694. However, the BOE’s 50 basis point reduction was in line with expectations, so there was no surprise factor coming in to play.

Meanwhile, though the Monetary Policy Committee’s (MPC) subsequent policy statement was quite bearish on economic conditions in the UK and abroad, they did not give any indication that they would cut rates again during their February 5 meeting. At this juncture, actual rate cuts are having little impact on the currency markets, as traders are more focused on comparative long-term interest rate expectations. Next week, there will be no key UK economic indicators released, but it will be very important to watch sentiment trends as we’ve started to see signs emerge that risk aversion is making a comeback, which tends to work in favor of US dollar and Japanese yen strength.

[Partnership With ForexGen]

ForexGen offers three types of business partnerships:

*Introducing Broker
*White label
*Money Manager

ForexGen Introducing Brokers, White Label and Money Manager holders are recognized as a strategic business partners. The main focus of our service is to satisfy our partner's needs in order to deal with a qualified service and gain a huge income sharing plan.

[ForexGen] provide appropriate services satisfying the needs of all business partner's specified situation and requirements.

Euro Pulls Back from Resistance

Declines Likely Ahead of ECB Rate Decision

The euro fell versus all of the major currencies on Friday, despite the fact data showed that retail sales growth in the Euro-zone actually rose 0.6 percent during the month of November. However, it is important to note that the annual rate was still negative for the sixth straight month at -1.5 percent, indicating that the economic situation remains dour.

When taking this into considering with the decline in Euro-zone CPI estimates below the European Central Bank’s 2.0 percent target, steady increases in unemployment, and increasingly pessimistic consumer and business confidence, it seems increasingly likely that the central bank will do as the market’s expect: cut interest rates on January 15 by 50 basis points to 2.00 percent to match the 2005 record low.

This easily leaves the 7:45 ET announcement as one of the most important pieces of event risk next week, but traders will also have to look out for comments by ECB President Jean-Claude Trichet during his post-meeting press conference at 8:30 ET. Mr. Trichet is one of the most opinionated central bank chiefs around, and suggestions that the ECB will continue to cut rates have the potential to lead the euro far lower. On the other hand, if the ECB goes the route of the BOE and signals that they may leave rates unchanged during their next meeting, the currency could actually rally.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. ForexGen offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support.
We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus.
Let [ForexGen] prove to you that you have taken the right step by choosing our partnership.

A Look At Online Forex Brokers

An online forex broker is a firm that facilitates retail trading using Internet technologies. Global Forex Trading (GFT), one of the popular online forex brokers. It provides retail traders with a free demo trading account, allows users to open a live account, gives live help, provides software called DealBook FX 2, and allows viewing of account documents. (DealBook FX 2 can be downloaded for the demo trading account).

Gain Capital Group's Online Forex offers 200:1 leverage. In some cases, the total return on investment is higher due to leverage. For example, with $1000 cash in a margin account, the investor can control up to $200,000 in notional value. Of course, trading on leverage magnifies both the investor's profits and losses.

GCI Financial Ltd. offers commission-free online trading in forex. GCI offers Internet trading software, fast and efficient execution, and 0.5% margin requirements. This broker offers USD or Euro denominated trading accounts. The spreads are 3 pips in EUR/USD and USD/JPY, and are 4 to 5 pips for other major commissions. Clients can hedge by opening positions in the same currency in opposite directions. Risk to the investor is limited to the deposited funds. Market analysis and research, real-time charts, and forex trading signals are available at no charge.

ACM, part of the REFCO group, offers 3 pip spreads on all major currencies, which works out to between 0.02% and 0.03% on the dollar value. They also offer commission-free trading, and forex trading with a 1% margin, which means that a trader can control $1,000,000 with $10,000 in his account.

There are many online forex brokers that offer free demo accounts for potential forex traders to practice trading. It is only a matter of registering and starting demo trading to get a feel for forex trading. In addition, at most sites, traders can find free forex news to assist them with their trade strategies.

[ForexGen Money Manager]

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.

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.

The Yin And The Yang Of Markets

I am reading a fantastic book on trading, first published in 1924, by Richard D. Wyckoff, titled "How I Trade and Invest in Stocks & Bonds". Although most of the examples in the book pertain to stocks, the insights into the nature of trading are relevant no matter what instrument you choose to trade.

I am particularly drawn to the authors' appreciation of the ebb and flow nature of markets and how this perspective can be used to great effect.
"It is difficult to over-emphasize the importance of studying the technical position, particularly when making a speculative commitment. Many people may say, "What is a weak or a strong technical position?" My reply is, in brief, that a stock is in a weak technical position on the bull side when it has been purchased and is held by a large number of outside speculators; when most of these are looking for a profit; when the price of the stock has advanced to a point where no further buying can be stimulated for the time being. It stands to reason that when buying power is exhausted a stock must decline, no matter how strong its finances, management or earning power."

"On the other hand, a stock is in a weak technical position on the short side when the bears have exhausted their ammunition by selling all they can afford and when the buying power of investment and speculative purchasers is such that it resists the pressure of the bears; in other words, when demand overcomes supply. The weakness in such a position is found in the fact that all those who are short are potential bulls; they must, sooner or later, cover their commitments in order to close their trades. They do not wish to remain short indefinitely."…. "Bears, after they have sold short are an element of strength, not of weakness."
Perhaps the nature of all markets is best described by the Chinese Yin Yang symbol.
In every bull move, and in every bear decline, are the seeds of their own destruction.

[ForexGen Money Manager]

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.

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.

Generating Real Residual Income

We've all heard it before, "buy this package now and I promise you'll become rich overnight." The following statement is just not true and there is no real "Holy Grail" on the internet. Many people feel as though the dot com boom has come and gone and I am here to tell you that those people are wrong.

I am not here to tell you what to get involved in or how to spend your money, rather to inform you on how to create multiple streams of income that can provide for making a living on the internet. The problem is everyone that looks for these types of home based businesses are looking for the easy way out. They are looking for programs that will make them rich overnight and a millionaire in a year.

Being a home business owner and having nothing more than a few hundred dollars when I first began looking for home based business opportunities I can tell you that it's work. The major reason 99% of the people who whish to start a home business fail is that they have no business plan. People tend to become very excited when they hear of a new money making opportunity and jump the gun before they realize what they are getting into. Lets be real here, an online business is a commitment and it is a job. If there is no consistency in the program you chose, you are destined for failure.

The first program I looked into was e-currency trading. I had no idea what this program was or if it actually worked. I had $100 to my name from selling my guitar and decided to invest that into e-currency trading. The program provided to be a money making machine and what was once $100 was now $5,000 in just 3 months. I thought to myself, this is great but why stop here?
Through e-currency trading I met some very wealth people and I thought the best thing to do was to stay in touch with them and find out how they were generating money or how they had started initially. Eventually my contacts in e-currency trading lead to a few very reliable wealthy friends who sprung me onto other opportunities and private investments that area still generating money to this day. Before I knew it I had income coming in from e-currency, private investments, stocks and other business programs.

The key to generating unlimited amounts of money in my experiences is to network with people that are already wealthy and do what they are doing. You don't need large amounts of money to become a wealthy person. The only thing you need is consistency and a strong business plan.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

ForexGen.com is an online trading service provider supplying a unique and individualized service to Forex traders worldwide. We are dedicated to absolutely provide the best online trading services in the Forex market.

ForexGen provides a unique online trading experience based on our intelligent online Forex trading package, the ForexGen Trading Station, including the best online trading system.

The Sneaky Way to Managing Losses in Your Forex Trading

One of the cardinal rules of Forex trading is to keep your losses small. With small Forex trading losses, you can outlast those times the market moves against you, and be well positioned for when the trend turns around. The proven method to keeping your losses small is to set your maximum loss before you even open a Forex trading position. The maximum loss is the greatest amount of capital that you are comfortable losing on any one trade. With your maximum loss set as a small percentage of your Forex trading float, a string of losses won't stop you from trading. Unlike the 95% of Forex traders out there who lose money because they haven't applied good money management rules to their Forex trading system, you will be far down the road to success with this money management rule.

What happens if you don't set a maximum loss? Let's look at an example. If I had a Forex trading float of $1000, and I began trading with $100 a trade, it would be reasonable to experience three losses in a row. This would reduce my Forex trading capital to $700. What do you think those 95% of traders say at this time? They would reason, "Well, I've already had three losses in a row. So I'm really due for a win now."

They would decide they're going to bet $300 on the next trade because they think they have a higher chance of winning.
If that trader did bet $300 dollars on the next trade because they thought they were going to win, their capital could be reduced to $400 dollars. Their chances of making money now are very slim. They would need to make 150% on their next trade just to break even. If they had set their maximum loss, and stuck to that decision, they would not be in this position.

Here's a perfect illustration why most people lose money in the Forex trading market. Let's start out with another $1,000 float, and begin our Forex trading with $250. After only three losses in a row, we've lost $750, and our capital has been reduced to $250. Effectively, we must make 300% return on the next trade and that will allow us to break even.

In both of these cases, the reason for failure was because the trader risked too much, and didn't apply good money management. Remember, the goal here is to keep our losses as small as possible while also making sure that we open a large enough position to capitalize on profits. With your money management rules in place, in your Forex trading system, you will always be able to do this.

[ForexGen Demo Accounts Contest]

Win Cash Prizes

[ForexGen] has the pleasure to announce the launching of the Demo Account contest on the first of every month.

Interested clients who wish to participate in this event shall send an e-mail request on demo.contest@forexgen.com including the following information:
- Full name:
- Phone number

Also provide us with the following identification document:

" Certified copy of the information pages of account holder current valid passport or government issued photo ID"

After we receive your request we will provide you with further details and with your [demo account] login information which will be used in the trading contest.

By the end of each contest:

1. All participants that manages to open at least 20 lots will be awarded a Live Account with $50 credit
2. All participants that manages to open at least 20 lots and keep their demo account initial balance will be awarded a Live Account with $100 credit
3. The highest 5 accounts with the highest profits (including the floating P/L) will be awarded a Live Account with $250 credit.

The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.

For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com

In Broad Outline, There Are Two Types of Emerging Solutions

One type is market oriented – and the other, interventionist. The first type calls for free markets, specially designed financial instruments (see the example of the Brady bonds) and a global "laissez faire" environment to solve the issue of financial crises. The second approach regards the free markets as the SOURCE of the problem, rather than its solution. It calls for domestic and where necessary international intervention and assistance in resolving financial crises.
Both approaches have their merits and both should be applied in varying combinations on a case by case basis.

Indeed, this is the greatest lesson of all:
There are NO magic bullets, final solutions, right ways and only recipes. This is a a trial and error process and in war one should not limit one's arsenal. Let us employ all the weapons at our disposal to achieve the best results for everyone involved.

[ForexGen Demo Account]

ForexGen provides its traders with a free Forex demo account where the trader is allowed to participate in Forex trading with real market conditions and get used to the Forex trading employing ForexGen professionalized online trading platform. A Forex demo account permits the trader utilize the advantages and the benefited features provided by our online trading services. The trader must enter a valid e-mail address to freely open a demo account. You will be able to upgrade to Live Account at any time with minimal efforts.

ForexGen demo account advantages:
* Innovated trading with no request for a quote for up to 200 lots (20 million).
* The client is provided by a simple system with included options that are easily grasped and used.
* Real time prices are usually modified and provided.
* [ForexGen] provides Real time charts with the most famous indicators.
* Daily reports for the account status.
* Summarization of the current client's orders, account equity, profit and loss ranging.
* Exclusive technical analysis provided daily to your mailbox in the Trading Platform. The trading real time technical analysis by Capital Management is sent daily to the trader’s mail
* Streaming News headlines are supplied by AFX News.
* The ability to form the traders own strategies using the Expert Advisor.

Forex Made Easy for Everyone

Forex made easy is as simple as you would want it to be. The foreign exchange market is a worldwide market and according to some estimates is almost as big as thirty times the turnover of the US Equity markets. That is some figure to chew on. Forex is the commonly used term for foreign exchange. As a person who wants to invest in the forex market, one should understand the basics of how this currency market operates.

Forex can be made easier for beginners to understand it and here's how. Foreign exchange is the buying and the selling of foreign exchange in pairs of currencies. For example you buy US dollars and sell UK Sterling pounds or you sell German Marks and buy Japanese Yen. Why are currencies bought or sold? The answer is simple; Governments and Companies need foreign exchange for their purchase and payments for various commodities and services. This trade constitutes about 5% of all currency transactions, however the other 95% currency transactions are done for speculation and trade. In fact many companies will buy foreign currency when it is being traded at a lower rate to protect their financial investments.

Another thing about foreign exchange market is that the rates are varying continuously and on daily basis. Therefore investors and financial managers track the forex rates and the forex market it on a daily basis. Those who are involved in the forex trade know that almost 85% of the trading is done in only US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. This is because they are the most liquid of foreign currencies (can be easily bought and sold. In fact the US Dollar is most recognizable foreign currency even in countries like Afghanistan, Iraq, Vietnam etc). Being a truly 24/7 market, the currency trading markets opens in the financial centers of Sydney, Tokyo, London and New York in that sequence. Investors and speculators alike respond to the ever-changing situations and can buy and sell simultaneously the currencies.

In fact many operate in two or more currency market using arbitrage to gain profits (buying in one market and selling in another market or vice versa to take advantage of the prices and book profits). While dealing in forex, one should have a margin account. Quite simply put if you have US$ 1,000 and have a forex margin account which leverages 100:1 then you can buy US$ 100,000 since you only need 1% of the US$100,000 or US$1,000. Therefore it means that with margin account you have US$ 100,000 worth of real purchasing power in your hand. Since the foreign currency market is fluctuating on a continuous basis, one should be able to understand the factors that affect this currency market. This is done through Technical Analysis and Fundamental Analysis. These two tools of trade are used in a variety of other markets such as equity markets, stock markets, mutual funds markets etc.

[Partnership With ForexGen]

ForexGen offers three types of business partnerships:

*Introducing Broker
*White label
*Money Manager

ForexGen Introducing Brokers, White Label and Money Manager holders are recognized as a strategic business partners. The main focus of our service is to satisfy our partner's needs in order to deal with a qualified service and gain a huge income sharing plan.

[ForexGen] provide appropriate services satisfying the needs of all business partner's specified situation and requirements.

Understanding the Risks Involved in Foreign Exchange Trading

After finding reputable brokers, you need to gather more information about how they do business, are they readily available to answer questions, or resolve complaints. You can do this by reading what they have on their website, and by calling them on the telephone to see how quickly and how well they respond, or getting advice from the many chat rooms about forex, including those provided by the broker. Although almost all forex broker review is done over the Internet nowadays, sometimes Internet connections don’t work, or the company’s trading platform isn’t working the way it should or the way you think it should, so it is very important that they also provide telephone service.

Most brokers offer both regular and mini-accounts, and require trades in specific lot sizes. A regular account usually requires at least a $10,000 deposit, and lot sizes are 100k—that’s 100,000 units of currency—and leverage ratios up to 100:1. With a ratio of 100, it takes only $1,000 to buy or sell $100,000 worth of currency. A pip is equal to 10 units of currency with 100k lot sizes. If the currency is USD, then 1 pip = $10.

Mini-accounts require a deposit of as little as $100, and lot sizes are usually 10k, with leverage ratios as high as 200—$100 can buy or sell $20,000 worth of currency. A pip = 1 unit of currency. If the currency is USD, then 1 pip = $1. You can generally buy or sell as many lots as you have leverage for, so a mini-account allows smaller increments. For instance, with a mini-account, you could buy or sell $30,000 worth of currency, but with a regular account, the minimum would be 100,000 units of currency, or increments of 100,000 units.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. ForexGen offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support.
We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus.
Let [ForexGen] prove to you that you have taken the right step by choosing our partnership.

Introduction To Fundamental Analysis: Forex

FOREX traders almost always rely on analysis to make plan their trading strategies. There are two basic types of FOREX analysis – technical and fundamental. This article will look at fundamental analysis and how it used in FOREX trading. Fundamental analysis refers to political and economic conditions that may affect currency prices. FOREX traders using fundamental analysis rely on news reports to gather information about unemployment rates, economic policies, inflation, and growth rates. Fundamental analysis is often used to get an overview of currency movements and to provide a broad picture of economic conditions affecting a specific currency. Most traders rely on technical analysis for plotting entry and exit points into the market and supplement their findings with fundamental analysis. Currency prices on the FOREX are affected by the forces of supply and demand, which in turn are affected by economic conditions.

The two most important economic factors affecting supply and demand are interest rates and the strength of the economy. The strength of the economy is affected by the Gross Domestic Product (GDP), foreign investment and trade balance. Indicators Various indicators are released by government and academic sources. They are reliable measures of economic health and are followed by all sectors of the investment market. Indicators are usually released on a monthly basis but some are released weekly. Two of the most important fundamental indicators are interest rates and international trade. Other indicators include the Consumer Price Index (CPI), Durable Goods Orders, Producer Price Index (PPI), Purchasing Manager's Index (PMI), and retail sales. Interest Rates - can have either a strengthening or weakening effect on a particular currency.

On the one hand, high interest rates attract foreign investment which will strengthen the local currency. On the other hand, stock market investors often react to interest rate increases by selling off their holdings in the belief that higher borrowing costs will adversely affect many companies. Stock investors may sell off their holdings causing a downturn in the stock market and the national economy. Determining which of these two effects will predominate depends on many complex factors, but there is usually a consensus amongst economic observers of how particular interest rate changes will affect the economy and the price of a currency. International Trade – Trade balance which shows a deficit (more imports than exports) is usually an unfavourable indicator. Deficit trade balances means that money is flowing out of the country to purchase foreign-made goods and this may have a devaluing effect on the currency. Usually, however, market expectations dictate whether a deficit trade balance is unfavourable or not.

[ForexGen Introducing Brokers]

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.

WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

* Providing the most huge income sharing plan
* Providing several ways for our IB's to charge commission.
* ForexGen IB can also charge commission for each lot the traders execute.
* Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized Service

[ForexGen] offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make [ForexGen]
incomparable to any other rival.

Brief Look at Broker Forex Trading

Forex, also known as the Foreign Exchange Market (or the “FX” Market) is involved in the buying of currency while at the same time, selling of another currency. A broker is an agent who works in the role of an intermediary between the trader and the client. He or she is a shrewd negotiator when it comes to drawing up contracts for the sale of currencies. Broker forex trading takes place in the Forex market which is the largest financial market in the world and boasts a daily turnover in the area of $1.2- 1.9 trillion USD.

The currencies utilized in broker forex trading are always quoted and traded in pairs. The currency listed first is referred to as the base currency while the second one is known as the counter currency or quote currency. To use an example of broker forex trading in pairs would be the US dollar traded with the Japanese yen (USD/JPY) or the Euro traded with the American dollar (EUR/USD). It is in the wholesale market of broker forex trading that currencies are referred to by using five important numbers and the last number (or placeholder) is given the name point or pip.

The broker forex trading market has a great deal more buyers, sellers and daily volume turnover than does any other financial market on the globe. The Forex market is open 24-hours a day, six days a week with the first trading starting every day in Sydney, Australia. As the business day begins in other financial business sectors so does the trading. After Sydney, Singapore is next, then Tokyo, followed by London and New York City, which comprise the largest and most powerful financial centers in the world. For example, at 5 PM on Sunday the broker forex trading begins in both the cities of Sydney and Singapore, followed at 7 PM by Tokyo. Next to commence trading is the city of London, England at 2 AM and then New York City begins at 8 AM in the morning.

Forex is a unique market in that it makes it possible for its investors to immediately respond to fluctuations in currency whatever their cause, be it an economic, political or social upheaval, and most importantly, whenever they take place. There is no waiting until the sun comes up to deal with a tenuous currency issue, it can be dealt with at 3 AM or 3 PM, whenever it is necessary. It is because of this that the currencies that are traded on a daily basis are not at risk of what is known as “after hours” reports and/or a loss in value.

[ForexGen Money Manager]

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.

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.

Forex Trading Can Be Learned By Average Person

Forex Trading can be learned even by average person today. What is actually the heart of Forex? the answer is the sales or trading of currency trading. It is very much like the regular market practice where the prices change and people get the profits from the price chanes, Forex investment involves in the exchange rate fluctiation as well as the economic of countries that go up and down.

The term “forex”, also known as the foreign exchange is a market for the sale and purchase of all kinds of currencies. It originated in the early 1970’s when floating currencies and free exchange rates were first introduced. At this time, the forex market traders were the ones who set the value of one type of currency against another.

Forex trading has now become big business and certainly in the financial sector this is the biggest market of all in the world. The reason why this market has grown compared to the many other financial markets is because of the rise in the number of traders working online rather than using the more traditional method of trading by using the phone. Because of this increase there are a number of sites which are now offering to people the chance of learning about this through taking free online Forex trading courses.

Thanks to the internet, learning the currency market has made it easier for even a regular person to successfully earn money. Currency representatives, called forex brokers, will most likely provide you with access to the forex market.

[ForexGen Live Account]

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online.
Complete and submit your application online in just a few minutes.

ForexGen.com is an online trading service provider supplying a unique and individualized service to Forex traders worldwide. We are dedicated to absolutely provide the best online trading services in the Forex market.

ForexGen provides a unique online trading experience based on our intelligent online Forex trading package, the ForexGen Trading Station, including the best online trading system.

Three Great Reasons To Start Currency Trading

Most people shudder at the thought of Forex Trading because they think that it is very high risk trading because of the great amount of leverage involved. However the money making potential in Forex Trading is huge when compared to other financial instruments worldwide.

This article will highlight three great reasons why you should consider Forex Trading or at least a managed Forex Trading Account when considering between the multitude of investment instruments available on the market today.

Firstly, the forex market is the most liquid financial market in the world today. This means practically that even in a falling or rising market, there will always be a ready buyer or seller on the market. Most of us have been caught in situations where we want to sell a stock but there are no ready buyers in a falling market.

The great amount of liquidity in the forex market today, means that not only can you sell your currency fast but you can also acquire it fast as well and in rapid succession. That's one reason why George Soros managed to funnel large amounts of money through the several South East Asian currencies during the currency crisis and made huge amounts of money in the process.

Secondly, the forex market is a true global market meaning that it operates 24/7 during the weekdays. This means that if you really wanted to, you could trade through the night and the day. Thankfully there is forex trading software now that helps you monitor trades and hunt for good trading opportunities and when you just enter your trading strategy, and the robot takes over and closes your position for you. The trading platforms now are so robust that you can set your downside indicators to close your position when it falls below a pre-set number so that you do not lost money even while you are sleeping.

[ForexGen Demo Accounts Contest]

Win Cash Prizes

[ForexGen] has the pleasure to announce the launching of the Demo Account contest on the first of every month.

Interested clients who wish to participate in this event shall send an e-mail request on demo.contest@forexgen.com including the following information:
- Full name:
- Phone number

Also provide us with the following identification document:

" Certified copy of the information pages of account holder current valid passport or government issued photo ID"

After we receive your request we will provide you with further details and with your [demo account] login information which will be used in the trading contest.

By the end of each contest:

1. All participants that manages to open at least 20 lots will be awarded a Live Account with $50 credit
2. All participants that manages to open at least 20 lots and keep their demo account initial balance will be awarded a Live Account with $100 credit
3. The highest 5 accounts with the highest profits (including the floating P/L) will be awarded a Live Account with $250 credit.

The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.

For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com

Forex Trading – Five Tips to Make Money Fast!

Here we are going to assume you know how to trade, and you have a methodology for FOREX trading you are happy with, and can apply with discipline.

What we are going to show you here, is how to change your system from making average gains, to making spectacular gains, with simple changes in trade selection, money management, and mindset.

FOREX trading offers the opportunity to make money fast - so lets see how it can be done.

1. Accept Volatility and Risk Cheerfully
All good FOREX trading systems incorporate volatility.

You can't have a profitable FOREX trading method without taking calculated risks, and taking losses - if you can’t accept risk, then don’t trade.

Many traders back away from a market because it’s too risky - however, risk also means reward! If you are a trader who doesn’t like volatility, then go and find something else to do.

Drawdowns are part of trading; it’s volatile markets that make FOREX trading fun and highly profitable.

To the well-informed FOREX trader, a drawdown is not something to fear, but something to enjoy.

Remember: volatility = big opportunity!

2. Trade Infrequently

Many traders trade frequently and always like to be in the market. They think that in FOREX trading if they are not in the market, they will miss a move, or that by trading more frequently, they will make money - wrong!

The big moves in FOREX trading, with the best risk to reward, come a few times a year, and you should trade infrequently.

Focus on the trades that make the really big gains

3. Don’t Diversify

Diversification is an accepted wisdom, believed by most investors in Forex trading, but it won’t make you money fast, - it will do the exact opposite.

4. Money Management

So far, you may think that we are being a little rash, but this is not the case.

We are focusing on the BIG opportunities that allow us to make meaningful gains, and this is actually, where money management becomes so important.

If you are taking risk, you need to control it - risk as much as 10% per trade, but increase your chances of success by:

1. Buying options at or in the money, to give you staying power - and prevent yourself from getting stopped out. Many traders lose, not because they were wrong in market direction - they just were stopped out by a volatile counter move - and options will give you staying power. 2. Many traders start trailing their stops to close, they then get stopped out – but the trade runs on to make spectacular gains. Don’t fall into this trap - keep your stop in its original position - until the move is well in profit, before moving it up. You’re looking to make money fast, and you’re trading selectively - so have the guts to go for a trade when it looks good - and milk it for all it’s worth. 3. Understand the Power of Compound Growth

IN FOREX trading the way to make money fast, is to understand the power of compound growth. For example, if you target 50% a year in your trading, you can grow an initial $20,000 account, to over a million dollars, in under 10 years.

[ForexGen Demo Account]

ForexGen provides its traders with a free Forex demo account where the trader is allowed to participate in Forex trading with real market conditions and get used to the Forex trading employing ForexGen professionalized online trading platform. A Forex demo account permits the trader utilize the advantages and the benefited features provided by our online trading services. The trader must enter a valid e-mail address to freely open a demo account. You will be able to upgrade to Live Account at any time with minimal efforts.

ForexGen demo account advantages:
* Innovated trading with no request for a quote for up to 200 lots (20 million).
* The client is provided by a simple system with included options that are easily grasped and used.
* Real time prices are usually modified and provided.
* [ForexGen] provides Real time charts with the most famous indicators.
* Daily reports for the account status.
* Summarization of the current client's orders, account equity, profit and loss ranging.
* Exclusive technical analysis provided daily to your mailbox in the Trading Platform. The trading real time technical analysis by Capital Management is sent daily to the trader’s mail
* Streaming News headlines are supplied by AFX News.
* The ability to form the traders own strategies using the Expert Advisor.

Hawala In The Modern Forex World

Before there was forex, there was Hawala, an informal currency exchange that has been in existence since the days of the Silk Road when traders and financiers have been using this system to barter and trade with other merchants from other countries. During that time the world's main economic trade was along this legendary route. This system evolved into what is known as Hawala, which means "transfer" or "wire" in Arabic banking jargon. This type of system is widely used in Middle East, Africa and Asia. It was major mechanism that expanded trading between Europe and Asia. In time the system matured into legitimate banking system in some Asian countries while in other areas they are still unregulated and until recently scrutinized as an underground for funneling of funds for terrorist activities.

Today, the true Hawala transactions come from migrant workers from Asia (Indian and other Asian countries) who work in the oil-rich Middle Eastern countries such as United Emirates, Saudi Arabia among others and send their money home to their families. Since this system has been unregulated, it has been a fixture for centuries so traditions of its use continue among the people in this region. Why would anyone use this "insecure" system? Trust, timeliness and cost-effectiveness. Going to a bank to make a wire transfer can be time consuming and commissions are excessively high (opening an account and wires take 7-14 business days and commissions can be $30-50 per transaction whereas the Hawala system can be done next business day with an average of 5% commission of the amount transferred).

But the biggest obstacles for banks and government-regulated institutions are mistrust among individuals. The Hawala system has a network of contacts/connections that these individuals rely on to do business. Friends and family who have used this network before would recommend their friends to the same individuals in the Hawala network. This is a very common attitude in Asia and underdeveloped countries. Another reason why the Hawala system is popular is because many developing governments forbid moving of funds in or out of the country. The Hawala system goes around this system without really violating the law. There are equivalents that exists outside of India with similar systems. They go by the names such as Fei-Ch'ien, Huikuan, Chop, Chit oder Flying Money in China, Padala (Philippines), Hundi (India), Hui Kuan (Hong Kong), and Phei Kwan (Thailand).

Before this accusation come under fire, the majority of the funds being transferred were done by migrants sending their money to their home countries to support families left behind, similar to wire transfers through anonymity in cash serviced by Western Union. Hawala is not part of the forex system we all know today. Therefore the rates do not match that of the legal quotes of forex, so the true volume of forex is underestimated and not accounted for. There are no official organizations that track and monitor these activities. This decentralized system makes it impossible to make an accurate estimate of the size of the transactions day to day whereas in an exchange, stocks, bonds and futures are centralized and monitored by an entity making stocks more transparent.

[Partnership With ForexGen]

ForexGen offers three types of business partnerships:

*Introducing Broker
*White label
*Money Manager

ForexGen Introducing Brokers, White Label and Money Manager holders are recognized as a strategic business partners. The main focus of our service is to satisfy our partner's needs in order to deal with a qualified service and gain a huge income sharing plan.

[ForexGen] provide appropriate services satisfying the needs of all business partner's specified situation and requirements.

Forex Prices - the Most Important Variable to Study for Huge Gains

Forex prices you want to know where there going so what's the most important variable. Supply and demand fundamentals - NO. A forex chart formation - NO The single most important variable is enclosed in this article.
It's the bullish or bearish sentiment of the participants.
I did a study of this 2 days ago on the dollar euro pair and since then the Euro declined by 400 pips and I said this in opposition to most of the market - does that make me smart or clever? Not at all, I just used some simple tools and stepped back to measure the psychology and you can use it to.
Let's take a look at this in more detail.
We all know the supply and demand fundamentals and the news won't help us make money as not only is it discounted in the price straightaway, but where prices go depends on how investors perceive them.

Proof of this is that markets always collapse when their most bullish and rally when there most bearish.T his is because humans dominated by greed and fear push prices to far either up or down and once prices have gone to far prices return to fair value. Of course away around this is to study forex charts and simply follow price action.

Forex charts are an excellent method of trading - but forex prices can give patterns that are false and it's a game of odds not certainties - so how about if we can add an extra filter in, to spot the reliable chart patterns and give more validity to them? Well you can and this will give you more confidence in executing your trading signals.

Your looking for formations where greed or fear have pushed prices to far from fair value. History show that short sharp price spikes are temporary and prices return to fair value.

[Why ForexGen]

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. ForexGen offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support.
We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus.
Let [ForexGen] prove to you that you have taken the right step by choosing our partnership.