Forex Trading Times | ForexGen

The Forex Market is a truly global 24 hour marketplace. There are several financial centres that participate in the forex market. The main ones are New Zealand, Australia, Japan, London and Wall Street.

All these financial centers operate during normal trading hours in their country. For example Tokyo begins trading at 7pm and closes at 3am (EST Timezone). London operates 3am-11am EST. As soon as Tokyo closes, London opens!

When trading currencies it is very import to know the individual trading sessions. The Forex trading times for the main financial centers are as follows:

Forex Trading Hours

Australia: 5pm - 1 am
Tokyo: 7 pm - 3 am
Singapore/Hong Kong: 9 pm - 5 am
Frankfurt: 2 am - 10 am
London: 3 am - 11 am

All the above times are using the EST timezone (Eastern Standard Time)

Typically the Tokyo trading session is one of the quietest. If you check historical charts for this trading session, you will see that on many occasions there is very little movement. Some traders exercise their scalping strategies during this period.

When exercising your forex trading strategy, it can be very important to fully understand the different trading sessions and the trading times of these sessions. The amount of volume and volatility can vary greatly between the different sessions.

A good example of this would be, a typical Tokyo session is generally likely to be much quieter than a US session on non-farm payroll day.

However, if you have a very long term forex strategy, where you have individual positions open for many weeks or months, the daily trading hours will not be anywhere near as significant to your trading.

A good example of this would be, a typical Tokyo session is generally likely to be much quieter than a US session on non-farm payroll day.

In conclusion, the forex trading times may or not be important to your trading strategy. Either way it is important to learn the trading hours of each session so you have a better idea of when the market will move.

Swing Trading Strategies | ForexGen

Forex Traders often use technical analysis to select entries and exits of swing trades. There are many swing trading strategies that traders use. Often they will involve the use of moving averages, RSI, momentum indicators etc.

One example of a commonly used swing trading strategy is the plot a 5 EMA on a weekly or monthly chart, then plot a 8 EMA. When the 5 EMA crosses the 8 EMA to the upside, go long. Also, when the 5 EMA crosses the 8 EMA to the downside go short. Fibonacci retracement points are often used for stop losses and take profit points.

This is a very simple strategy. It is certainly the case that the simple ones are often the most effective.

Metatrader 4 is an excellent platform for for this strategy. The charting is highly effective.

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.

Forex Spread and why it is so important | ForexGen

When selecting a forex broker, one of the very important considerations should be the spread between the bid and ask price. This is the same as the buy and sell price.

Many brokers out there promise very low spreads, even less than 2 pips on some pairs. However, in reality, the truth about the spread can be somewhat different. Many brokers have slippage when executing an order. This is when your order is filled at a different price than when you clicked the execute button. The difference in the price will very often not be in your favour. This slippage can effectively mean a higher spread in real terms, possibly much higher.

Many brokers increase their spreads during volatile market conditions. For example one broker I used recently increased the spread to 25 pips on GBP/USD a few minutes prior to the release of the non-farm payroll numbers.

The level of importance of slippage and spread sizes ultimately depends on your trading style. For example, if on average you make just five trades per month, the cost of the spread is not going to affect your bottom line at the end of the month. However, if you scalp small time frames and make several trades per day, then the size of the spread you pay is going to have a very large effect on your bottom line at the end of the month.

Some broker that I have used in the past with consistent low spreads are:

ForexGen.com – This is a regulated broker .Spreads on some pairs can be even less than 1 pip. However, in my experience they did increase the spreads hugely during economic data releases.

Forex strategies and systems | ForexGen

There are literally thousands of forex systems on the market for sale now. Some of them can be very expensive. Some of them are manual systems, whilst others are Expert Advisors. These are automated trading strategies that are used with the trading platform metatrader 4.

Unfortunately, the truth against is that most of these trading systems do not stand the test of time and ultimately not only cost you to buy them, but also have a negative effect on your trading account balance.

In regards to a forex trading system, it is far better to learn how the forex market works for yourself and devise your own personal trading strategy that suits your trading style.

There are no quick easy trading systems that will make you rich quickly. It’s not hard to find one that claims to do just that, but the tough reality is they are all scams.

It is the same principle as I mentioned earlier. If they had a forex system that could make them rich in a small amount of time, they would not be selling it, they would be trading it to its potential and making money with it for themselves.

To conclude this article, I will outline the fact that the unfortunate truth is that many of the forex products and services out there are much less than stellar. Many of them are outright scams just after taking your money!

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.

Trading With ZERO Risk | ForexGen

ForexGen provides a unique online trading experience based on our intelligent online Forex trading package

Premium Accounts

Due to ForexGen prior aim to establish a successful corporation between it and its clients, and due to the fact that all our clients reach the climax of satisfaction, ForexGen is always in search for developing its services and satisfy all the needs of its clients.

And for this reason, ForexGen offers for all who desire to open premium account the minimum deposit to open Premium account is now $ 75,000 and it comes with dealing desk enabled account and scalping enabled account.

Adding to this ForexGen charges its clients with ZERO spread account, meaning that this premium account is zero spread. And this offer will expire by 30 September.Do you think you can miss this chance?

Increase Your Money | ForexGen

NDD Accounts

For all those who are interested in trading NND, ForexGen introduces to them incredible chance.
All clients who desire to open NDD account with ForexGen can open with minimum $10.000 for individual account and $ 20,000 for managed accounts.

You all NDD traders come and join before anyone else because you would never find such offer or facilities like what ForexGen offers

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Pro Accounts

Because ForexGen main concern and priority is its clients, and its aim is to stand by the clients to trade profitably, believing that its clients' success is its own too.

So, ForexGen would like to offer all professional traders that the minimum deposit for its pro account is still $1000 and this offer will last till the end of the current year.

Then, it is a chance for all professionals who desire to fund or open ForexGen accounts to fund as low as $1000.

Are you still thinking? What are you doing now? Just leave everything and start living as a Millionaire.