ForexGen | Advanced Features For Traders

• Prices on the forex charts and forex quoteboards are the prices you can trade, not indicative prices from a generic datafeed.
• Set alarms based on price movement, indicators or combinations of indicators to go to your PC's screen, e-mail address, web-enabled cellular telephone or PDA.
• Customize your portfolio to monitor more than 60 different forex currency pairs.
• Automate your risk-management: Trailing Stops allow you to specify the distance from the forex market you want your stop, and DealBook® 360 will automatically move your stop as the forex market moves in your direction to ensure your stop moves with the market. No more cancel replaces!
• standard with lowest pip spread in the market up-to-the-minute world and financial news from leading industry sources.
Traders also enjoy free daily and weekly commentary to supplement research with the analysis of respected author and forex expert, Cornelius Luca. Luca's observations provide an in-depth analysis of the major forex markets

Never labor over creating charts more than once. Customize charts based on currency pairs, indicators and positions then save them as a template or default setting.
In addition to many of the free fundamental analysis features, advantages for technical traders, too.
• Advanced inter-day and daily charting allows traders to chart market changes lowest pip spread in the market as they occur on tradable prices and overlay a wide variety of advanced technical indicators such as: moving averages, Bollinger Bands, Stochastics, MACD, RSI, STARC bands, indicators and studies from industry leaders such as Joe DiNapoli and some of Global Forex Trading's advanced proprietary indicators.
• Preload up to 1,000 periods of data for a given currency pair. Traders can test their strategy over a chosen historical period by either using existing indicators or tailored indicators they create.
• Draw trendlines, Fibonacci retracements, fans and arcs and Gann fans. Traders then can extend their prediction into the future by drawing the indicator into "uncharted waters

ForexGen Scalping Enabled Account

Trade and scalp the market ForexGen has the pleasure to announce the availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, ForexGen offers traders all the advantage of a “no dealing desk” option.

ForexGen | Advantages And Concepts Of Forex Trading Market

The Forex market is the most liquid market in the world. The daily trading volume is US$ 3.2 trillion. That gives the trader an unparalleled freedom to buy or sell a position. You can exit your position at will any time you wish without barriers or limitations.
24 Hour Trading
You can trade the Forex market effectively 24 hours a day. Compare it to the stock market! At any moment during the 24 hours there will be Forex traders somewhere in the world actively selling or buying. You can respond to any breaking news immediately.
Small Margin / High Leverage

You can control a position with a 1% margin or less. It means you can buy or sell US$10 000 worth of currencies with only a US$ 100 margin deposit using leverage 1:100. It gives you the possibility to make extraordinary profits. Depending on the agreement with your broker you can get even a higher leverage, typically up to 1:400.
Commission Free Trading
The Forex brokers have no commission charges. They compensate for their services through the bid/ask spread that is typically less than 0.1% (10 points or pips)
Unrestricted Short Selling

Since you are always selling one currency and buying another one simultaneously, there is no bias to the market. It is equally easy to buy a currency pair as it is to short sell it.
Nobody Can Manipulate the Market
The immense volume of the daily Forex trade makes it practically impossible for anybody, including any central bank, to effectively manipulate the market prices

About ForexGen

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.

ForexgenTrading Forex Using Multiple Time Frames

time frame to trade the forex markets, and if they are profitable then fair enough. However if you want to be a profitable trader, it generally makes sense to use two or more time frames when making trading decisions.
This is because if you’re basing your entries and exits on just one time frame, you’re oblivious to the wider trend and you therefore risk trading against this longer term trend, which is never a good idea. For example, if the 4 hour chart and the 1 hour chart of a particular currency pair are in a strong bullish trend, then it’s probably not a good idea to be looking for possible shorts on the 15 minute chart.

You should always look to trade in the direction of the trend and viewing charts from longer time frames helps to show this longer term trend. This is something I picked up from reading one of Dr Alexander Elder’s books a few years ago, and this piece of information was invaluable to me as it helped shape my current trading strategy.
I now trade the 4 hour charts using an EMA crossover system but only ever trade in the direction of the overall trend from the daily chart. So if the daily trend is bullish then I will look for EMA crossovers upwards and vice versa. This has stood me in good stead and ensured I’ve always made some decent profits from forex trading.

It’s important to remember that if you only ever trade in the direction of the longer term trade, then you’re stacking the odds in your favour, and your entry points are not necessarily so crucial. Many times you will be saved by the overall trend going in your favour.
For example, if you like to trade the 5 minute charts, then you could use the 15 minute and 1 hour charts as a basis for your trading decisions. So if the pair was trending downwards on the 1 hour and 15 minute charts, for instance, then a good strategy would be to look to go short when the pair is overbought on the 5 minute chart because the odds are in your favour that a continued downwards move will take place.
Similarly you could trade the 1 minute charts and use the 5 and 15 minute charts for guidance, or if you are a long term trader, you could trade off the daily charts and use the weekly and monthly charts for guidance.

Whichever system you use, I personally think you’re always giving yourself every chance possible to become a profitable forex trader if you use multiple time frames to help you trade in the overall direction of the longer term trend.

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.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it including the following information:

- Full name:

- Phone number

Also provide us with the following identification document: