Thursday, August 28, 2008

Open Demo Account & learn how to trade with Forexgen

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.
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.

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Monday, August 18, 2008

ForexGen USD/JPY Trade

The USD/JPY trade is a good example of a nice simple trade.

I wasn’t initially all that excited about the trade as the 89’s had moved into the 144's area and was causing congestion on the 4 – hour chart.
But as the TI broke I started paying attention to the 30 – minute chart.
When the 30 – minute started breaking down it had all the looks of a solid break.
This will come with experience.

You will develop a sense for when a break is real or false. Using the rules will help you stay out of trouble.