Tuesday, December 30, 2008
Momentum indicators
Introduction to Fundamental Analysis
There is a tendency to pigeonhole traders into two distinct schools of market analysis - fundamental and technical. Indeed, the first question posed to you after you tell someone that you are a trader is generally "Are you a technician or a fundamentalist?" The reality is that it has become increasingly difficult to be a purist of either persuasion. Fundamentalists need to keep an eye on the various signals derived from the price action on charts, while few technicians can afford to completely ignore impending economic data, critical political decisions or the myriad of societal issues that influence prices.
Bearing in mind that the financial underpinnings of any country, trading bloc or multinational industry takes into account many factors, including social, political and economic influences, staying on top of an extremely fluid fundamental picture can be challenging. At the same time, you'll find that your knowledge and understanding of a dynamic global market will increase immeasurably as you delve further and further into the complexities and subtleties of the fundamentals of the markets.
Monday, December 29, 2008
A look at Economic Developments Around The World
A look at economic developments and activity in stock markets around the world Monday
British children's clothing retailer Adams Childrenswear Ltd. is on the brink of bankruptcy, a spokeswoman for the 75-year-old company said. Adams would be the latest in a series of big British retail brands to be hit by the economic turmoil -- 99-year-old general store Woolworths, tea and coffee merchant Whittard of Chelsea and music chain Zavvi already have been forced to file for administration. Meanwhile, Hometrack housing researchers said home prices fell by nearly 9 percent in 2008 and predicts they will fall further next year. And the Chartered Institute of Personnel and Development predicted that employers will lay off at least 600,000 people in Britain next year, making 2009 the worst year for job cuts since 1991. The gloomy reports stoked expectations that the Bank of England will make further interest rate cuts next year, driving the pound to a record low of euro1.0203. The FTSE 100 gained 2.44 percent, or 102.76 points, to end at 4,319.35. Elsewhere in Europe, Germany's DAX closed up 1.63 percent, or 75.48, at 4,704.86 and France's CAC 40 closed 0.47 percent higher, or 14.51, at 3,130.71.
TOKYO -- Japanese stocks rose for a third straight session, lifted by hopes for mergers in the insurance and semiconductor sectors. The benchmark Nikkei 225 stock average rose 7.65 points, or 0.1 percent, to 8,747.17 in thin year-end trading. Mitsui Sumitomo Insurance Group Holdings Inc. surged 8.3 percent to 2,885 yen after the Nikkei financial daily reported that Japan's No. 2 nonlife insurer was in negotiations to integrate operations with two smaller rivals. The new entity would be Japan's biggest nonlife insurer.
MOSCOW -- Russia's weakening ruble slid 1.5 percent on the MICEX foreign currency exchange to a new low against the Central Bank's euro-dollar basket, the third sharp drop in the national currency in just five days. It was down to 29.2 against the dollar -- a level that hasn't been seen since 2005 -- and 41.7 against the euro -- an all-time low. Russia's Central Bank set the official exchange rates for the dollar and euro in line with trading quotes; normally it does not allow the currency to lose more than 1 percent of its value in one day. However, the bank has already allowed 12 depreciations since Nov. 11, when the supervised slide began. The ruble has shed more than 20 percent of its value against the dollar since its high of 23.4 in early August. Meanwhile, Prime Minister Vladimir Putin said that Russia's long-term economic goals would remain unchanged, with the government setting aside a massive package to prop up the economy. Putin said Russia's economy is expected to grow 6 percent this year -- in line with recent forecasts.
SHANGHAI, China -- U.S. car parts maker Delphi Corp. has suspended work at a factory in Suzhou due to shrinking demand amid the global economic slump, a media report and a staff member said. The factory west of Shanghai in the city of Suzhou makes compressors for General Motors Corp. China's own once-booming auto market is seeing sales fall from double-digit growth rates as demand cools. The benchmark Shanghai Composite Index edged down 0.1 percent, or just 1.04 points, to 1,850.48. Hong Kong's Hang Seng Index snapped a four-day losing streak in feather-light trade, adding 1 percent to 14,328.48.
BRASILIA, Brazil -- President Luiz Inacio Lula da Silva said new measures to help Brazil counter the effects of the global economic crisis will be announced by Jan. 20. Silva said the country is "strong economically" but will act immediately to keep the "perverse effects" of the crisis from affecting the nation. Brazil's benchmark Ibovespa index rose 0.5 percent to 37,060. Argentina's Merval index meanwhile gained 1.7 percent to close at 1,076, while Chile's IPSA rose 1 percent to 2,373 and Colombia's IGBC slid 0.5 percent to 7,523.
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.
Wednesday, April 23, 2008
ForexGen Announcement
**ForexGen Announce Zero Pip Spread on non-profitable traders
Instant commission refunds on non-profitable traders.
***ForexGen Announce decreasing the min. deposit of Non Dealing Desk
Trade and scalp the market with our no dealing desk account with minimum deposit $ 5000 instead of $ 20.000
ForexGen Announce Decreasing The Min. Deposit
ForexGen Announce Decreasing The Min. Deposit
ForexGen Announce the decreasing of the minimum deposit in the pro Account to be $ 1'000 instead of $ 5'000, so now the pro account with ForexGen:
Min. Deposit: -------- $1'000 only
Leverage: 100:1
Fixed 1 Pip spreads on the following pairs:
EURUSD, USDJPY, AUDUSD , EURCHF, EURGBP, GBPUSD, USDCHF, USDCAD , CHFJPY, EURJPY
Mini & Standard Lot
ForexGen Announce Opening England Branch
ForexGen Announce Opening England Branch
ForexGen Announce Opening England Branch
ForexGen LLC offers the retail trader/investor, corporation, money manager and hedge fund a complete e-commerce solution for trading margined foreign currency in the interbank market.
ForexGen LLC provides real-time margin monitoring capability in our unique, easy-to-read format. We believe that our clients need to know exactly where they stand in real time so that educated trading decisions and expert trade selection can be accomplished.
Due to expanding the activities that ForexGen LLC provides, ForexGen Announce the opening of United Kingdom Branch
Suite 72, Cariocca Business Park,
2 Sawley Road, Manchester,
Lancashire, M40BB, ENGLAND
United Kingdom
+441612619872
The Operational Office in Norway
Tollbugata 17, 0152 Oslo, Norway
Box 778 Sentrum, 0104 Oslo, Norway
For even more reasons to use ForexGen LLC, please read about the benefits of trading through ForexGen LLC.
Join the rapidly growing list of traders and money managers who have discovered the advantages of foreign exchange trading for their clients and individual trading portfolios. We are certain that after you learn more about our products, our services, and try our full-featured demo, you will decide that ForexGen is the foreign exchange execution platform for you.
We also offer an introducing broker service for both small companies and individuals; this service has proved a popular and successful facility with our clients. The foreign currency trading conditions at ForexGen are among the best available online.
We offer highly competitive currency exchange rates and quotes for all our clients regardless of their trading capital. With instant execution, there's never been a better time to join the world of foreign currency trading. With our interactive website and regular updates you should have no trouble locating all your FOREX needs, be it services or information.
ForexGen LLC enjoys the reputation of being a reliable business partner and is successfully increasing our compliment of representatives and IBs world wide.
ForexGen Regulation Information
ForexGen Regulation Information
ForexGen LLC is fully complying with all applicable international laws and all financial regulations and procedures governing its industry in order to sustain the security standards in the financial services world. This is the reason why our customers have to provide us with identifying documentation and the documents proofing the origin of their funds in order to secure that the funds that ForexGen LLC will receive are fully and legally originated according to the European Trading Commission and the European Anti-Fraud Office.
As the international banking standards imply, we preserve the entire customer's account information both personal and financial. Our target is to achieve our principal goal, which is gaining the customer's confidence and reach to the maximum satisfaction level. ForexGen LLC state-of-the-art encryption and confirmation rules and certification ensure that every trader's contract is verified and secured
ForexGen is a registered Norwegian company registered since 2001 in
Regulatory information page: http://forexgen.com/index.php?option=com_content&task=view&id=263
Letter from the Board of directors:
"There has never been a more challenging and exciting time to be trading in the foreign exchange market. Since we launched operations in 2001, we've watched the industry grow in leaps and bounds. What started out as a market for professionals is now attracting traders from all over the world and of all experience levels."
Bank of Canada approves liquidity provider agreement to the favor of ForexGen
Bank of Canada approves liquidity provider agreement to the favor of ForexGen
ForexGen
Bank of Canada approves liquidity provider agreement to the favor of ForexGen" provided by a reliable source.
Adding that:
"This is actually a long step towards success, moreover this will ensure security of trading with ForexGen, and eventually increasing targeted customers actually"
By these liquidity providers' joining ForexGen continues the speaker:
"ForexGen liquidity will be increased and consequently their trading opportunities will be widening to hold more trades. Therefore, ForexGen assures all clients that there will be more chances for trading opportunities"
www.ForexGen.Com
ForexGen To Go East
ForexGen To Go East
ForexGen has announced that
A reliable source announced that many Liquidity Providers World Wide chooses ForexGen for its potential growing business, reliability and security, which also has been confirmed by many traders dealing with ForexGen.
ForexGen's representative declared that ForexGen ultimate goal extend behind investments reaching to winning its traders' confidence and trustworthy
WWW.ForexGen.Com
Gold traders are the winners on ForexGen Hall of Fame list
Gold traders are the winners on ForexGen Hall of Fame list
ForexGenIn the last 4 years ForexGen raised as a new market power in Forex market and among major market investors
Recently some announcements have been made stating that Gold traders are the winners on ForexGen Hall of Fame list
ForexGen representative stated that "ForexGen deal with variable trading options attracting people interest"
WWW.ForexGen.ComWhy ForexGen
- Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
- Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
- ForexGen offers Forex trading in the major currency pairs; crosses and CFDs.
- Low capital start, with $250 as a minimum account size.
- Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
- 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's prove to you that you have taken the right step by choosing our partnership.
About ForexGen
About ForexGen
ForexGen LTD 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 LTD 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 LTD serves both private and institutional clients. We have a strong commitment to maintain a long term relationship with our clients.
ForexGen LTD 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.
ForexGen Platform
ForexGen Platform
ForexGen Trading Station is the client's part of the online ForexGen Trading Platform. We provide all the needed trading tools for a successful trading. We attempt to supply the sufficient information and tools in order to make the Forex traders' decisions more appropriate and easy. The program has a simple and user friendly interface that allows traders to monitor their transactions and their account as well as performing technical analysis and develop Forex trading strategies of their own. ForexGen provides continuous real-time information and sophisticated technical analysis tools. ForexGen Trading platforms are stable, secure and characterized by its unique performance. It is the best solution for trading on Forex, CFD and Futures markets.
The ForexGen Trading Station is our clients' gateway to the world's Foreign Exchange and Bullion markets. We have chosen the ForexGen Trading Station as our solution for the professional trader because in our opinion, it is the most reliable, professional and secure online trading software on the market at the current time. ForexGen platform features: • Streamline dealing with no request for quote for up to 200 lots (20 million). • ForexGen trading platforms have a friendly user interface that is both easy to use and to grasp. • One click orders execution. • Providing real-time charts with the most common indicators. • Advanced charting tools with many technical analysis features. • Daily account statement. • Provides many order types to employ the desired trading strategies and mange the risk. • Summary of client's orders, floating profit& loss, account equity, etc within real-time. • Follow P&L and open positions within real-time. • Providing a multi-lingual platform that supports 14 different languages. • Exclusive technical analysis daily to your mailbox in the Trading Platform. • Providing news headlines directly in the system. • Provides research reports for every day and every week. • Showing real-time prices in the major currency pairs that are constantly updated. • Providing tools enabling the ForexGen's clients who have real accounts to program their own trading strategies with the Expert Advisor. • Clients with real accounts can discover the ForexGen's trailing Stop feature. • Providing a high level of security found in the client's unique username and password. We strongly recommend you to open a demo account to try the many features of our system. For further information or assistance, please do not hesitate to contact us at any time or simply request a call back. • Working with securities of Forex, Futures and CFD markets. • Various execution technologies: Instant Execution, Request Execution, Market Execution. • Confidentiality of all trading operations. • Unlimited charts quantity. • Support of various timeframes (from minutes up to months). • Large number of technical indicators and line studies. • Experts, Custom Indicators and Scripts. • Multilanguage program interface. • Signals of system and trading actions. • Getting on-line news from financial markets. • Internal e-mail system. • printing charts and completed trading transactions statements |
ForexGen Trading Signals
ForexGen Trading Signals
Dash board is an assisting tool that makes strategies combinations where its calculations depend on volumes and correlations between strategies including a function that weights the indicators’ signal depending on strategies based on trend, oscillators, bill Williams, volumes and custom indicator; it gets the average signal among all the strategies over a specific time frame. It shows the buy/sell signals by different strengths in the short, middle and long periods:
- Short strength expected results may take from 2 to 8 hours to produce profit and the expected gain may reach average 20 to 30 pips.
- Middle strength expected results may take from 8 to 24 hours to produce profit and the expected gain may reach an average of 30 to 60 pips.
- Long strength expected results may take from 1 to 5 days to produce profit and the expected gain may reach average 60 to 30 pips.
Indicator features:
- History mode feature that allows traders to get the dash board indications for any point in history.
- The ability to show or hide all strategies.
- The ability to add or remove any strategy from Dash Board calculations.
- Assigning weights for each strategy in Dash Board calculations.
- The ability to store Dash Board values in files.
Dash Board for all indicators
Dashboard for all is an assisting tool that includes 27 currency pairs, it allows traders to see the CIF values for the selected currencies on one chart. It represents the buy/sell signal by a percentage of different strengths (short, long, and middle). The dashboard for all calculations for each currency pair depends on, volumes and correlations between strategies including a function that weights the indicators’ signal depending on strategies based on trend, oscillators, bill Williams, volumes and custom indicator; it gets the average signal among all the strategies over a specific time frame. Dash board for all indicators includes a history mode parameter which allows the trader to get the dash board indication for a historical point for many currencies at any time frame.
Indicator features:
- Showing more than one currency pair on the same chart sorted by spread ascending.
- Showing currency pairs having the same spread with the same color.
- Showing average, short, middle and long term CIF values beside CIF values for all pairs.
- The ability to select the needed currency pairs to be shown.
- The ability to select directly all currency pairs to be shown.
- ForexGen support the following symbols.
- The ability to store current CIF values in a text file for the selected currency pairs.
- The ability to store history CIF values in a text file for the selected currency pairs.
- The ability to show or hide all currency pairs (hide them while storing in file).
- The ability to use currency pairs correlation and weights functions.
The following screen is to select the desired pairs to represent their CIF values on the current chart.
Strategies Board
Strategies board is an assisting tool that produces buy and sell signals based on many sophisticated trading strategies that anticipates the markets and predicts the trend and breakouts.The generated signals are the average signals among all the used strategies over a specific time frame. The signals is divided into different strengths in the short, middle, long periods.
Indicator features:
- History mode feature that allows the traders to get the strategy board indications for a historical point of time.
- The ability to show or hide all strategies.
- The ability to select the included strategies in strategy board calculations.
- Assigning weights for each used strategy.
The following screen is to select the desired pairs to represent their SIF values on the current