ForexGen Customer & Trading Support

[ForexGen online trading services] are available 24 hours a day from Sunday at 6:00pm EST to Friday at 2:00pm EST to support and offer the help needed by all ForexGen's clients through answering any questions they may have.

ForexGen provides full time assistances to support clients during the usage of [ForexGen platform], whenever our clients face any problems during downloading or installing the platform ForexGen experienced stuff will help to overcome it.

ForexGen provides clients with full scale demonstrations and help for the technical issues

The USD was mixed against other major currencies.

Light, sweet crude for February delivery fell $3.63 to settle at $35.35 a barrel on the New York Mercantiles Exchange. The Nymex, like the stock and bond markets, will be closed on Thursday and re-open on Friday.


Markets overseas declined. Japan's Nikkei stock average fell 2.37 percent, and Hong Kong's Hang Seng index fell 0.26 percent. Britain's FTSE 100 fell 0.93 percent and France's CAC-40 fell 0.39 percent. Germany's stock market was closed.

ForexGen Demo Account Contest

[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

Technical Tool That Can Be Deployed To Verify The Existence Of A Market Trend

Using the DMI removes the guesswork involved with spotting trends and can also provide confirmation of trends identified by trendline by analysis. The DMI system is comprised of the ADX (average directional movement index) and the DI+ and DI- lines.


The ADX is used to determine whether or not a market is trending (regardless if it's up or down), with a reading over 25 indicating a trending market and a reading below 20 indicating no trend. The ADX is also a measure of the strength of a trend--the higher the ADX, the stronger the trend. Using the ADX, traders can determine whether or not there is a trend and thus whether or not to use a trend following system

Forex Traders Need To Be Anti Social!

We don’t mean you have to be rude to anyone - but you need to keep yourself to yourself and stay away from the pack and its opinions when trading forex.
Remember 95% of forex traders lose!
We find this uncomfortable.

Forex Trading

The Major Problem You Must Confront To Enjoy Success

There is one problem that most foreign exchange traders fail to come to terms with and lose and its operating in an unstructured environment – this is the major underlying reason traders lose, so lets it explain it and its significance in more detail.

When a forex trader trades, he has to operate in an unstructured environment and create his own rules to live and survive by.

Forex Scalping

Forex scalping is a short term method of day trading and forex scalpers are looking to take small profits regularly by timing moves on hourly charts.

The idea is to only take small profits but get lots of them, to build profits over time and earn a big consistent income.