It will not be wrong if we say that Forex traders lead their lives, living on the edge. You never know what’s going to happen the next moment. In this currency world of speculations, instincts, calculations and uncertainties, the market experiences one moment of total harmony, and the next one of absolute commotion.
Amidst such high degrees of speculation and large amount of money at stake, can we precisely foretell the trend this market is going to follow each time? And furthermore, can we bet high capital on it?
For all this, we first need to be clear with the basics. The basics which tell us exactly what causes the market to move in the direction it does? What makes it follow the trend it does? Why are different traders trading with same currency using different strategies? Answers to all these questions can be a little tricky especially knowing that every trader senses different set of indications and warnings each time the market moves.[ForexGen Live Account]
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Analysis stages in Forex
Monday, January 5, 2009
Posted by ForexGen at 7:06 PM 0 comments
Labels: Analysis, ForexGen Live Account
Should Technical Investors also Focus on News Releases?
Keeping in mind a case of any monetary market, whenever a market is being dominated by the fundamental factors such as economic data, Technical analysis are generally not in use. This is because of the reason that most of market traders become sensitive to these economic and political developments.
Also, with so many speculations arising in the market, more and more importance is given to such developments as well as the essential news releases like increase in a certain country’s export figures, which have the power to spike up volume as well as volatility in the market.
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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.
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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.
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Posted by ForexGen at 6:58 PM 1 comments
Does Difference Between The Consensus and Actual Results Cause Price Movement?
It is not correct to just keep yourself updated as a trader with the latest of economic, political and geographical news. What is even more important is to know what effect has the current news caused in the market and why?One of the ways to find this out is by also keeping a tab of the expectations of the fellow traders in the market, from the different economic indicators and the news they were supposed to carry according to the.
A study of whether or not a news flash is matching the market expectations is a highly significant aspect, as each market forecaster is expecting different news from each indicator, news in their favour.
Therefore, apart from knowing the current news update, what needs to be kept in mind is the consensus number which is met successfully. A huge variation between the consensus and actual results can be a valid source for price movement.
[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.
[ForexGen] serves both private and institutional clients. We have a strong commitment to maintain a long term relationship with our clients.
Posted by ForexGen at 6:49 PM 0 comments
Labels: forexgen, Price Movement
What Makes Some Economic Indicators More Important Than The Others?
Every economic indicator has the power to influence the Forex market, it’s just the degree of influence that ranges from low to medium to high. Which ever indicator is carrying the news capturing most of markets attention gets more significance than the other ones.News carrying high GDP data of a certain country or information about high employment rate in another is bound to make greater news than others, as these factors are directly effecting, rather boosting the economy of those countries.
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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.
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* 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.
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Posted by ForexGen at 6:45 PM 1 comments
The Power of Technical Analysis
Sunday, January 4, 2009
Technical analysis is the study of share prices. By researching the past performance of a share, we can gain an insight into how it will likely perform in the future.
To fully appreciate the power of technical analysis it is important to understand the basics. There are three key principles upon which technical analysis is based:
Everything is discounted and reflected in market prices.
Prices move in trends and trends persist.
Market action is repetitive.
Let’s examine each principle in detail.
The first and most important principle is that everything is discounted and reflected in market prices. All knowledge, regardless of type (fundamental, political, economical, psychological or other) is already reflected in market prices.
It can be time consuming studying fundamental information such as company financial statements, earnings and P/E ratios in an attempt to determine the potential for a share to rise in value. The real value of a share at any point in time is determined solely by supply and demand, as reflected in trades made at the stock exchange.
Technical analysts do not care what the underlying forces of a shift in supply and demand are; instead he or she is interested in what occurs to the price.
If demand is greater than supply, prices will increase. On the other hand, if supply is greater than demand, prices will decline.
The study of market prices is all that is necessary to make money from the stock market.
The second principle on which technical analysis is based is that prices move in trends and trends persist.
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Labels: ForexGen Services, Technical Analysis
Technical Analysis Of Stock Data
1. The technical analysis
In order to perform a technical analysis, you have to observe how stock prices within certain industries move and interact. All the factors that influence price movement company performance, the general state of the economy, natural disasters are supposedly reflected in the stock market with great efficiency. This efficiency, coupled with historical trends produces movements that can be analyzed and applied to future stock market movements.
2. Short term investing
Technical analysis is not intended for long-term investments because fundamental information concerning a companys potential for growth is not taken into account. Trades must be entered and exited at precise times, so technical analysts need to spend a great deal of time watching market movements.
3. Upswings and downswings
There are many tools available to the technical analyst. Literally hundreds of stock patterns have been developed over time. Most of them, however, rely on the basic concepts of support and resistance. Support is the level that downward prices are expected to rise from, and Resistance is the level that upward prices are expected to reach before falling again. In other words, prices tend to bounce once they have hit support or resistance levels.
4. Charts
Technical analysis relies heavily on charts for tracking market movements. Bar charts are the most commonly used. They consist of vertical bars representing a particular time period weekly, daily, hourly, or even by the minute. The top of each bar shows the highest price for the period, the bottom is the lowest price, and the small bar to the right is the opening price and the small bar to the left is the closing price. A great deal of information can be seen in glancing at bar charts. Long bars indicate a large price spread and the position of the side bars shows whether the price rose or dropped and also the spread between opening and closing prices.
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Posted by ForexGen at 7:05 PM 0 comments
Labels: ForexGen Scalping Enabled Account, Technical Analysis
Benefits of Technical Analysis
Technical analysis is the most popular way of predicting what will happen next in the foreign exchange market; particularly in one or more of its currencies. Being able to analyze the market properly would allow the trader to predict what the price of certain currencies will be in the near future. This is done by using different market charts and statistical data in numbers in order to see what can happen.
The predictions of the trader can also be based upon the past performance of a currency by looking at the numbers it had under certain conditions in the past. If these conditions are once again present then the price of that currency can more or less be the same. In other words, you will look into history to see where you might be headed.
Once you are able to learn and perfect analyzing the market through technical analysis then you will be able to earn more and avoid becoming part of the majority who loses their money in the foreign exchange market. Making money in this financial market is always difficult. Only a few people are able to become rich and successful here and about 95% of the traders lose their money while trading.
The forex market is a very unforgiving place. You always have to be careful and know what you are doing at all times. Each decision you make may very well be your last. So in order to avoid being part of the majority, learn forex technical analysis.
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