Sunday, January 11, 2009

US Non-Farm Payroll


Again we are back to the optimism, markets along with analysts believe that a recovery will be seen later this year, believing that the fourth quarter contraction will be the worst to come as the ongoing support and interventions from governments might cushion economies from

more destruction.

Indices boosted by the slender optimism which diffused in markets yesterday, the S&P 500 inclined 0.34% or 3.08 points reaching 909.73 levels, NASDAQ composite inclined 1.12% or 17.95 points reaching 1617.01 levels, yet Dow Jones Industrial average lost 0.31% or 27.24 points reaching 8742.46 levels.

But all this optimism might be wiped out later on today as markets are waiting for the majors market mover which is the US Non-Farm Payroll, expectations clears out that more job termination took place in December due to the weakening global demand and the intensified Credit Crisis.

It’s been a whole year of termination; all sectors of the economy along with the financial institutions that were obligated to file for bankruptcy had resulted in escalating the unemployment rates in the United States. But it did not really stop at the financial sector in December two of the largest US car manufacturers were on the brink of officially admitting that they have no money to keep functioning, which made them terminate a portion of workers just to ease down their expenses.

General Motors and Chrysler faced a harsh month in December, which obligated them to run for the congress in order to ask them for a bailout to keep them going, yet the bailout was stamped with disapproval by the senates saying that they can’t keep on bailing out all the huge companies in the States.

Markets got struck with the disapproval where the Bush administration had to move fast just to prevent a second fallout after Lehman Brothers that slipped all the confidence out from the markets leaving the stocks markets with huge losses. Bush agreed to give them a total of 17.8 billion dollars yet on one condition that before 31st of March 2009 the two companies must be ready with a restructuring plan, or they have to give back the money.

Due to the stunning harsh times the economy lived in expectations of the non-farm payroll varies, the range falls between lowest -750 terminated job to the highest -350 thousand job; pessimist analysts believe that the weakness seen in the past month managed to create more job terminations yet the optimist say that the worse is almost over.

Paulson the US treasury secretary was considered the most powerful official where he tried his best in salvaging the economy with the 700 billion dollars plan; he prevented some fallout by purchasing preferred stocks in various financial institutions reaching to more than 170 companies, in addition to bailing out the largest banks such as Citigroup, yet he did not really achieve in restoring backing the long lost confidence which made most indices across the world to close the prior years trading with more than 40% of losses.

With the fear taking place in markets, future indices fell 15 points reaching 8681 levels, along with the S&P 500 falling 0.70 point reaching 906.00 levels and NASDAQ fell 1.00 points reaching 1248.50. Also the hesitation was seen in the Asian markets, the Japanese Nikkei Index lost 0.45% or 39.62 point reaching 8836.80 levels and Hang Seng index lost 0.63% or 91.85 points reaching 14323.34 levels.

But before we see the Non Farm Payroll reading markets will see some other fundamentals from the European Continent which will continue to clear out that economies are still struggling with the falling demand levels in addition to the rapid fall in inflationary pressures.

We will start with the Royal Producer Prices, the input prices eased to 3.0% in December from the previous 7.5%, the monthly input climbed slightly to -2.0% from the previous -3.3%, the output prices fell 0.6% on the month easing to 4.0% on the year, also the core PPI reading fell 0.2% on the month with the yearly core output easing down to 4.7% from the previous 5.1%.

The fall in commodity prices and the dropping demand pressured prices to fall down, where crude prices fell from the all time high which was recorded last year to close at $42.00 per barrel, easing down the elevated energy bills which was seen earlier in the prior year.

Its not just prices or inflation, the housing sector in the United Kingdom is still under huge pressures, where now the Central bank must start considering a new intervention just to buy some homes in order to salvage the left over from the falling financial sector.

The situation remains gloomy and the economies no longer can survive this harsh downfall in demand levels which are threatening them with a bigger demon which is known by deflation, based on those fears central banks are heading now toward a zero interest rates policy in order to revive back their economies.

[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

US Dollar Surges Despite Spike in Unemployment - Is Risk Aversion Back?

US non-farm payrolls fell by a whopping 524,000 in December, which was broadly in line with expectations, and brought the cumulative amount 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. The data only confirms the already bleak outlooks for growth going forward, as the minutes from the Federal Open Market Committee's last meeting showed that some members saw the potential for a "prolonged contraction."

Looking at historical data from the National Bureau of Economic Research (NBER) and the Bureau of Labor Statistics (BLS), between 1945 and 1990 the peak in unemployment generally coincided with an end to recessions. However, since 1990 the unemployment rate has extended higher long after recessions ended, as was the case in the contractions experienced during 1990-1991 and 2001. This suggests that until we see the end of this economic slowdown in the US, we cannot even begin to judge where the unemployment rate will peak, but it doesn't look good given the rapid increase in job losses over the past year.

So why did the US dollar rally in response? As it stands, most of the major currency pairs are trading within massive ranges, but major support levels for the US dollar have helped to stabilize its decline. For EUR/USD, falling trendline resistance prevented the pair from rising higher, while yesterday's highs weighed on GBP/USD. 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, other trends witnessed today, including the __ percent drop in the Dow Jones Industrial Average and surge in the Japanese yen, suggest that risk aversion is lingering in the financial markets. In reality, all it will take is some negative piece of news to shake investor confidence to lead equities to plunge and send the US dollar and Japanese yen spiraling higher.

[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.

Paulson Updates on Government Efforts

In an interview today, Treasury Secretary Henry Paulson gave a status report on the government’s efforts to revive growth and stabilize the markets. Among his comments, Paulson highlighted the importance of ensuring potential homeowners with access to credit. However, high interest rates and tight credit due to the high level of defaults are still making this difficult to accomplish.

The monetary policy official said that early loan modifications given in effort to aid existing homeowners was so far displaying unsatisfying results. Also, regarding the financial system, after the widespread panic in October, Paulson stated that there was clear ‘stability’ emerging from the markets.

[ForexGen Services]


Client Services
  • Customer Support
  • Trading Support
ForexGen Partnership

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 large income sharing plan.

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

German Government Expects Contraction in 2009

Despite encouraging news that retail sales rose by 0.7 percent in November, the German government is anticipating a contracting economy of 3.0 percent in 2009. Germany remains one of the more successful countries in the European Union fending off the worst parts of the recession, buoyed by the fact that less than one in twenty consumers have direct exposure to slumping equities.

Recently, German Chancellor Angela Merkel announced that the government plans to only release €25 billion ($35 billion) for a second stimulus plan. Conditions aren’t as sanguine as they might appear: a devastating fourth quarter is expected in part by industrial production and exports dropping by 6.4 percent and 10.6 percent in November, respectfully, and unemployment rising to 7.6% in December.

[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.

New Zealand Dollar Technical Outlook

I would still like to see the NZDUSD complete 5 waves up from .5186 but with patterns in the GBPUSD and AUDUSD suggesting weakness, I am not confident that Kiwi will exceed .6090.

In any case, a push through would target Fibonacci resistance at .6183, which is reinforced by former congestion.

[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 marke

Thursday, January 8, 2009

China's Struggling Airlines Get Tax Break

China is taking new steps to shore up its aviation industry amid global economic turmoil, giving struggling airlines a $360 million tax break and $26 billion in loans to its main aircraft maker, state media said Friday.
The airline aid follows injections of government capital to help two of China's three main state-owned carriers through a travel slump. The lending to Aviation Industry Corp. of China reflects Beijing's continued desire to build up a civilian aircraft industry despite a decline in demand for planes.

Airlines will be exempt from a tax on fuel surcharges through 2010, a move that will save them up to 2.5 billion yuan ($360 million), the newspaper Shanghai Securities Journal said. It said the step is retroactive to Jan. 1, 2008.
China's airlines lost 7 billion yuan in January-November, according to state media. Beijing has injected a total of 13 billion yuan into China Eastern Airlines and China Southern Airlines.
Meanwhile, a group of 10 state-owned banks signed an agreement with AVIC on Thursday on a rotating credit line of up to 176 billion yuan, the newspaper China Securities News and the Xinhua News Agency reported.

AVIC is a co-owner of Commercial Aircraft Corp. of China, the lead company in the Chinese government's effort to produce large passenger jets to compete with global giants Boeing Co. and Airbus Industrie.
AVIC general manager Lin Zuoming said the money will be used for projects by the company's subsidiaries but gave no details, the Securities News said.
The push into commercial aviation comes despite government orders for carriers to cut back on aircraft purchases.

"We encourage airlines to cancel or delay 2009 aircraft orders," Yang Guoqing, deputy chief of the Civil Aviation Administration of China, said this week, according to the China Daily newspaper. "It is the duty of airlines to cut capacity, defer plane orders, return leased aircraft and ground or sell older planes."
China's first homegrown commercial aircraft, a 90-seat model made by an AVIC subsidiary, had its maiden flight in November and the government says it hopes to produce a 150-seat plane by 2014 to compete with Boeing and Airbus.
The lending group was led by Industrial & Commercial Bank of China Ltd., the country's biggest state-owned lender, according to news reports. They said ICBC, China Construction Bank Ltd. and China Citic Bank Ltd. each contributed 30 billion yuan, with the rest coming from smaller lenders.

[ForexGen Academy]


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

People are introduced to the exciting world of foreign exchange in many ways: friends, current events, newspapers, television, and many others. For those of you who are new to forex, the following guidelines cover the basics of currency trading.

also do you Know ForexGen Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.

Canadian Dollar Could Pull Back on Friday

The Canadian dollar held its own against the US dollar on Thursday, despite the release of disappointing data, as the Ivey Purchasing Managers’ Index (PMI) tumbled to a record low of 39.1 in December. This marked the second straight month that the index held below 50, which signals a deterioration in business activity, and a further breakdown of the report also shows that employment conditions contracted for the fourth consecutive month.

This reading suggests that Friday’s releases could have bearish implications for the Loonie, as the Canadian net employment change is forecasted to have fallen by 20,000 during December while the unemployment rate is anticipated to have risen to a nearly three-year high of 6.5 percent from 6.3 percent. Since the employment change tends to be a very volatile release, this should have the greatest impact on the Canadian dollar, with a sharper than expected drop likely to weigh on the currency and an unexpected positive result likely to push it higher.

[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's prove to you that you have taken the right step by choosing our partnership.

British Pound Surges Following Bank of England’s Rate Cut


British Pound Surges Following Bank of England’s Rate Cut - Why?


The British pound remained strong on Thursday, gaining against every major currency except the Japanese yen and Canadian dollar, despite the fact the Bank of England cut the Bank Rate to the lowest level since the bank was founded in 1694. What gives? First of all, 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. In essence, the British pound’s rally today indicates that the currency’s nearly 30 percent drop against the US dollar and 53 percent plunge versus the Japanese yen over the past 6 months has gone above and beyond pricing in rate cuts by the BOE. 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.

[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

Euro Ends Day Just Below Key Resistance


Euro Ends Day Just Below Key Resistance - Will Euro-zone Retail Sales Weigh on Friday?


The euro continued to edge higher versus the US dollar, but major resistance at 1.3750 is blocking the pair’s way higher. Economic data out of the Euro-zone still suggests that the European Central Bank will cut rates next Thursday, but as we saw with the British pound and the Bank of England’s rate cut today, that doesn’t mean the currency will automatically fall lower. Nevertheless, looking at the data on hand, a measure of confidence amongst European consumers and executives fell during December to the worst level since record keeping began in 1985, suggesting that consumption is sure to slow further and businesses are far less prone to invest.

Furthermore, the Euro-zone’s unemployment rate rose to a two-year high of 7.8 percent in November from 7.7 percent, and given the dour outlooks for the economy, the deterioration of the labor market is likely to worsen. Friday’s data should add to this gloomy mix, as retail sales growth in the Euro-zone is forecasted to have stagnated during the month of November, leaving the annual rate negative for the sixth straight month. Such a result would be in line with the steady drop in the Purchasing Managers' Index (PMI) for the Euro-zone services sector, which has signaled a contraction in business activity throughout the second half of 2008. In fact, given this correlation, the timelier PMI results suggest that retail sales will remain weak not only in this reading for November, but for December as well. The impact on the euro should be minimal, barring a sharp, unexpected decline.

[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.

Dollar Drops On BoE Cut, US Retailers Suffer

Dollar drops as BoE cuts less than expected, US retailers suffer in December

The dollar fell across the board Thursday as the Bank of England cut its key interest rate to a record low -- but by less than had been expected by some.
Meanwhile, U.S. retailers rang in with glum sales figures for December and the Labor Department said Americans seeking public jobless aid jumped unexpectedly by more than 100,000 people.

The 16-nation euro rose to $1.3725 in late afternoon trading in New York from $1.3614 late Wednesday, while the British pound climbed to $1.5228 from $1.5132.
The Bank of England cut its rate by half a percentage point to 1.5 percent, the lowest level in the bank's 315-year history. The British economy has been battered by a housing crisis and a string of failed retailers.

There is now increasing pressure on the European Central Bank to cut its rate from the current 2.5 percent when it meets on Jan. 15. Most of the other major world economies, including the U.S. and Japan, have already ratcheted rates down to near zero, and analysts expect Britain will continue to chop at rates in an effort to propel economic activity.
Lower rates can help jump-start an economy, but weigh on a currency as investors seek higher returns elsewhere.

The dollar also fell to 91.40 Japanese yen from 92.65 late Wednesday, and dropped to 1.0930 Swiss francs from 1.1026.
U.S. news didn't help the buck -- retailers' same-store sales, or sales at stores open at least one year, a key metric, mostly sank in December. Even Wal-Mart Stores Inc., which had benefited in 2008 from consumers' trading down, reported that its sales rose by 1.2 percent last month, less than had been expected. Wal-Mart also cut its profit outlook for the fourth quarter.

Also on Thursday, the Labor Department said the number of initial claims for unemployment benefits slipped last week, but the number of people continuing to file claims for aid rose to a new 26-year high of 4.61 million. And the Labor Department on Friday is expected to report that the unemployment rate grew from 6.7 percent to 7 percent in December.

[ForexGen Services]


Client Services
  • Customer Support
  • Trading Support
ForexGen Partnership

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 large income sharing plan.

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

Wednesday, January 7, 2009

The Third Lesson That We Can Derive From The Last Crisis To Avoid The Next?

Is that international financial institutions can be of some help – when not driven by political or geopolitical considerations and when not married to a dogma. Unfortunately, these are the rare cases. Most IFIs – notably the IMF and, to a lesser extent, the World Bank – are both politicized and doctrinaire. It is only lately and following the recent mega-crisis in Asia, that IFIs began to "reinvent" themselves, their doctrines and their recipes. This added conceptual and theoretical flexibility led to better results. It is always better to tailor a solution to the needs of the client.

Perhaps this should be the biggest evolutionary step:

That IFIs will cease to regard the countries and governments within their remit as inefficient and corrupt beggars, in constant need of financial infusions. Rather they should regard these countries as CLIENTS, customers in need of service. After all, this, exactly, is the essence of the free market – and it is from IFIs that such countries should learn the ways of the free market.

[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.

The Second Lesson That We Can Derive From The Last Crisis To Avoid The Next?

Is the important role that central banks and other financial authorities play in the precipitation of financial crises – or in their prolongation. Financial bubbles and asset price inflation are the result of euphoric and irrational exuberance – said the Chairman of the Federal Reserve Bank of the United States, the legendary Mr. Greenspun and who can dispute this? But the question that was delicately side-stepped was: WHO is responsible for financial bubbles? Expansive monetary policies, well timed signals in the interest rates markets, liquidity injections, currency interventions, international salvage operations – are all co-ordinated by central banks and by other central or international institutions.

Official INACTION is as conducive to the inflation of financial bubbles as is official ACTION. By refusing to restructure the banking system, to introduce appropriate bankruptcy procedures, corporate transparency and good corporate governance, by engaging in protectionism and isolationism, by avoiding the implementation of anti competition legislation – many countries have fostered the vacuum within which financial crises breed.

[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 marke

The First Lesson That We Can Derive From The Last Crisis To Avoid The Next?

It would seem, is that short term and long term capital flows are two disparate phenomena with very little in common. The former is speculative and technical in nature and has very little to do with fundamental realities. The latter is investment oriented and committed to the increasing of the welfare and wealth of its new domicile.

It is, therefore, wrong to talk about "global capital flows". There are investments (including even long term portfolio investments and venture capital) – and there is speculative, "hot" money. While "hot money" is very useful as a lubricant on the wheels of liquid capital markets in rich countries – it can be destructive in less liquid, immature economies or in economies in transition.

[ForexGen Academy]


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

People are introduced to the exciting world of foreign exchange in many ways: friends, current events, newspapers, television, and many others. For those of you who are new to forex, the following guidelines cover the basics of currency trading.

also do you Know ForexGen Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.

Vital Tips on Getting Started in Forex Markets

You can actually make a regular source of income by entering the fascinating world of forex trading. But there is a checklist you need to follow to have a profitable trading experience. That would make your forex trading worthwhile and that much more orderly.

It is the forex broker that you select who helps you to open your online forex trading account. Apart from having a flawless reputation, the broker you select should preferably be affiliated to a large banking institution. For example Saxo Bank is reportedly a good forex broker. But there are several others too. The choice is entirely yours. Before you make the final selection, read online reviews of the brokers and select the broker who is the least controversial and who has the maximum positive reviews in broker review sites. Remember to read the trading rules of the broker, particularly with reference to the leverages they offer, the carry forward charges to roll over your position to the next day and so on. In other words pay attention to the fine print of the terms and conditions of the broker’s agreement. Get someone who is well versed in forex trading to help you out on this.

[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's prove to you that you have taken the right step by choosing our partnership.

What Are The Best Hours For Forex Trading?

Forex is a highly dynamic market with lots of price oscillations in a single minute, this characteristic of the Forex market allows traders to enter the market many times a day and pull some profit from these number of trades. If you want to find an appreciable number of profitable trades you need to enter the forex market at the best period of time, i.e., when the activity, the volume of transactions, is the highest.

The main timing characteristics of the Forex market are the following:
* Forex is 24 hour market – It starts from Sunday 5pm EST through Friday 4pm EST. Rollover at 5pm EST
* Forex Trading begins in New Zealand, followed by Australia, Asia, the Middle East, Europe, and America
* The US & UK account for more than 50% of the market transactions
* Forex Major markets: London, New York, Tokyo
* Nearly two-thirds of NY activity occurs in the morning hours while European markets are open.
* Forex Trading activity is heaviest when major markets overlap.

[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

Tuesday, January 6, 2009

Let Emotion Play No Role in Forex Trading

All market trading is a form of gambling, and as any gambler will tell you the bets most likely to work out badly are ones based on emotion. All traders have gut instincts, but a trade should always be well thought out and based on facts or research. Gut instincts may be right every now and then, but most of the time they are a result of greed or fear and can cost you a lot of money. Before each trade, use a diary to map out a solid plan of entry based on your trading system signals

For example, knowing when to exit a deal is vitally important, so you should know at which point you’re going to pull out, both on the high side (a winner) and on the low side (a loser). When the deal hits this price, follow your plan to exit no matter what your emotions are telling you.
Continual learning might seem obvious, but you’ll be surprise how many beginners read one book and think they know everything. All of the greatest traders are continually learning from their successes and especially their mistakes to get better. There are literally hundreds of strategies you can follow with Forex, and learning more about new ones can fine tune your trading and increase your profits.

[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.

Choosing Your Forex Broker

The best thing to do is to find these legitimate companies to stay away from fraudulent ones. However, most new traders fall prey to these scammers because of their savory offers.
Don't get fooled by the companies that advertise high profits for minimal risks. The fact is that, if you want to earn high profits, then you are likely subjected to high risks as well. Higher rate of profit means higher risk.

So, always stay on the safer side. If you're looking for a forex trading broker, and since each broker is part of a certain company, make sure that you select a government registered company. In signing any contract with them, double check if they are registered or certified brokers. This is one basic precaution that will prevent any misfortune that you might encounter in the future.
The job of reducing the risk is entirely yours, not that of the broker; so if the company offers or promises little risks, guaranteed profits, and the like, that is a sure sign that they are there to make a fool out of you.

Even if you are not a professional trader, a little use of the common sense can help in long run.
Before actually participating in any forex trade, make sure you have done your homework. Do the research and jot down all the necessary details about the trading transaction that you wish to perform. Ever heard of inter-bank market? Stay away from companies which lure you into trading in the inter-bank market because the currency transactions are negotiated in a wobbly network of large companies and financial institutions.

[ForexGen Services]


Client Services
  • Customer Support
  • Trading Support
ForexGen Partnership

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 large income sharing plan.

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

Basics for Beginners

If you've learned the basics about stocks, bonds, and mutual funds (see the "Basics for Beginners" series in the link boxes to the right) and are ready to invest some money, it might be time to consider whether you want to use a broker, and if so, how you should go about doing that.
You can invest in stocks, bonds, mutual funds, and other types of investments through a variety of different investment professionals and institutions, including brokerages, banks, insurance companies, and individual mutual fund companies (Fidelity, Vanguard, etc.).

Opening a brokerage account is similar to opening a bank account. You'll sign a new account agreement, which you should read in full, no matter how boring. If there's something you don't understand, ask questions. This agreement determines your legal rights concerning your account.
forex broker review won't develop an overall financial plan for you. Brokers make recommendations about specific investments, like stocks, bonds, or mutual funds, and charge you a fee or commission when you buy or sell through them.

You can hire someone to help you make investing decisions though, such as a financial planner, investment adviser, accountant, etc. Most of forex broker review will be more than happy to give you investing advice, but be sure you know about all of the fees and commissions they'll be paid, both by you and the investment company, and check out the investments they recommend.
Nobody is going to have your interests at heart as much as you do, so don't turn your investing decisions over to a broker or other advisor without knowing how and where they're investing your money.

When buying mutual funds from a broker (or anyone else), ask if the mutual fund has a front or back load. If a fund has a load, it means they charge you a percentage of the value of your purchase, either up front (front load) or when you sell the shares (back load).

[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.

Investment Myths And The Forex Markets

When you are trading and investing in any market, including the Forex, you must have the discipline needed to be successful. Although the system is enormous and there is a lot going on that you won't be involved within, you must actively protect your investments. Your investments will not be protected just because they are in the market. A lot can change throughout a day, so you have to always be aware of what is going on in order to be fully protected to your best ability.

You should always make logical and researched decisions when trading. It is not a system to use to "get rich quick". It is a serious financial system that can break your pocket if you are not careful.
One thing to remember when trading and trying to protect your investments however will be that you must take risks to gain. Along with taking a large risk, can come a large success or large loss. You have to be prepared for the worst. You can do this by educating yourself as much as possible on the trading system and your investments. The more you know, the better prepared you will be to make successful decisions.

If you are unsure about a system of trading, like the Forex, be sure to take classes and read about the system before you begin trading. Only trade when you are certain you are ready to begin. Even after you learn what you need to know about the system and are a seasoned trader, there are times when you will have losses. The system is not one that protects your investments or your money in general. So, be prepared and aware of this issue. Being realistic can really help you gain more success.

[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 marke

Forex Brokers - Helping to Maximize Your Success

A Forex broker is a broker dealing in foreign exchange, just like real estate broker who deals in real estate and properties. Simply, a Forex broker is an advisor who advises you about the forex market. However, the Forex market is not the perfect place to play with as a novice and beginner as there are many criticalities involved along with much risk bearing capacities. Novices can very quickly get their fingers badly burnt. But inexperience is not the only reason to consider using a Forex broker to trade in the high-risk international currencies market.

So, the Forex broker is an advisor who advises you about the forex market and allows you to work for 24 hours a day with major currencies like EUR, JPY, GBP, CHF etc against the US dollar on the spot, i.e. according to the current prices on the forex international exchange market. But the level of profits depends only on your abilities as well as your timely decision.

[ForexGen Academy]


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

People are introduced to the exciting world of foreign exchange in many ways: friends, current events, newspapers, television, and many others. For those of you who are new to forex, the following guidelines cover the basics of currency trading.

also do you Know ForexGen Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.