Keeps Spreads Tight With ForexGen

When you draw a line connecting the lowest price points, that is your support line. To draw a resistance line, you would connect the highest price points. This is only a very basic idea to provide a picture; there is more to determining which bottom points and which top points need to be considered.

Since support is shown on a chart as a line connecting specific low points, it is easy to see how it tends to function as a floor and prevents the price from going lower. More often than not, prices will tend to bounce off this level rather than go through it. When the price does break the support level, it generally continues dropping until is reaches another support level.

A resistance level is the opposite of a support level. This is where the price tends to find resistance as it pushes upward. And as with support, the price is more likely to bounce off this level rather than break through it. However, once the price has passed this level, even by a small amount, it is likely that it will continue rising until it finds another resistance level.

If a price breaks past a support level, that support level often becomes a new resistance level. The opposite is true as well, if price breaks thru a resistance level, it will often find support at that level in the future.

Many technical traders will use the support and resistance levels they’ve identified to choose strategic entry/exit prices because these areas often represent the prices that are the most influential to a currency pair’s direction.

Initially, the concepts and explanations behind identifying support and resistance levels appear easy. But as the new trader will soon discover, support and resistance can come in a variety of forms and is more difficult to master than what first meets the eye.

Hundreds of price patterns can be identified using only support and resistance, and they can be found in any time frame charts. Entire trading strategies can be based solely on support and resistance levels. It is very possible for a trader to make a good living trading forex once these concepts are mastered. So if you’re looking to get up and running as quickly as possible, we urge you to start your forex trading education by mastering the concepts of support and resistance.

ForexGen now has a trading new client called MultiTerminal. The MultiTerminal is intended for simultaneous management of multiple accounts, for which is mostly helpful for those whom manage investors' accounts and for traders working with many accounts simultaneously.

ZERO Pip Spread | ForexGen

A good place to start your forex trading education is by studying the concepts of support and resistance. This forms and a good foundation upon which you can build by learning the many other facets of trading in this market.

The concepts of support and resistance are often viewed as complex by the beginning trader. They are definitely two of the most widely discussed facets of technical analysis. A complete study of this subject is not possible in one article, but we’ll simplify the subject by focusing on the very basics of what beginning traders need to know.

When you view a forex trading chart, you’ll see that price doesn’t usually move in a straight line. A price will go up, then down, then up again, giving the appearance of a zigzaged line.

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As a professional online trading service, ForexGen provides several facilities for all kinds of traders.

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.

Tighter Forex Spreads With Forexgen

EUR/USD
For the past couple of days the pair has consolidated near the 1.4150 level. However, a bearish cross on the 4 hour chart's Slow Stochastic suggests that the pair should resume its bearish trend. Going short with tight stops seems to be preferable.

GBP/USD
The 4 hour chart shows that the cable's bearish momentum was temporarily halted. Nevertheless, as all oscillators on the 4 hour chart are pointing down, it appears that going short might be the right choice today.


USD/JPY
The pair has been going through choppy sessions with no distinct direction for a few weeks now. However, a bullish cross on the 4 hour chart's Slow Stochastic indicates that the pair is on the verge of a bullish movement. Going long seems to be the right strategy today.

USD/CHF
The pair continues to be traded in relatively tight range, and no distinct direction is being observed on the hourly and 4 hour chart's studies. The pair might continue to linger in neutral territory until a clearer signal will be formed. It is advised to stay out of this one until the smoke of uncertainty clears.

The Wild Card

EUR/AUD
The pair has recently peaked at the 1.7660 level and been dropping ever since. As all oscillators on the 4 hour chart are giving bearish signals, it seems that the pair will extend its bearish move. This might be a great opportunity for forex traders to join a very promising trend.

By registering on ForexGen, you create your ForexGen profile and you can go ahead and open as
many Demo accounts , and Live accounts as you need. All accounts can be created online and
managed under your ForexGen profile. You can mix between Mini, Standard, Pro, Premium and
No Dealing Desk accounts in one Profile. Instant Approval.

Self-Profitable Accounts | ForexGen

The dollar cut gains against the yen on Wednesday, while the Japanese currency hit an 13-month high versus the euro after embattled Wall Street investment bank Lehman Brothers reported its third quarter results.

Lehman, whose share price plunged 45 percent on Tuesday on growing concerns about its capital situation, reported a loss of $5.92 per share, slashed dividends and said it is actively in talks to sell assets.

The U.S. currency also trimmed gains against a basket of currencies, weighed by an early rebound in oil prices from a five-month low after the world's major oil producers agreed to a small but unexpected production cut.

"The dollar has come under initial pressure," said Ian Stannard, senior foreign exchange strategist at BNP Paribas. "The market may have been hoping for more news regarding capital raising ... this doesn't seem to be the case, so concerns about the banking system remain in place."

The Korean Development Bank said earlier in the day it had ended talks over possible investment in Lehman, with the bank's ongoing woes highlighting nagging problems in the financial sector and prompting a wave of risk aversion.

Abating risk appetite prompted the Japanese unit to score a 13-month high against the euro at 150.15 yen as market participants said low-risk currencies like the yen would stay in favour as the market endures the latest in the financial sector storm.

By 1218 GMT, the dollar stood at 106.77 yen, flat on the day compared with 107.47 yen prior to the results. It traded 0.2 percent higher against a basket of major currencies .

The euro fell nearly 0.4 percent to $1.4082, dragged down by its losses against the yen, while increasing worries about a growth slowdown in the euro zone kept the single currency near an 11-month low of $1.4045 hit on Tuesday.

Traders showed limited initial reaction to European Central Bank President Jean-Claude Trichet, who on Wednesday told the European Parliament it would be naive to think markets will return to their pre-turbulence state

Initial news the KDB was seeking a controlling stake in Lehman had knocked the Japanese currency down and boosted the Australian and New Zealand dollar up more than 1 percent each.

But the announcement the talks had ended in disagreement enabled the yen to trim those losses, as the news suggested an immediate solution to Lehman's problems seems unlikely.

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.

ForexGen Trade Execution | ForexGen

So much for the period of consolidation I was expecting last week. The USD surge has continued and the persistence of USD price gains remains as forceful as the early phase of the USD rebound. Price action continues to point to massive position liquidations, as USD pullbacks remain exceptionally shallow and new highs occur with little seeming relationship to data releases or other time-specific events. In simpler terms, asset managers are still looking to unload long EUR, GBP, AUD positions and ultimately get short those currencies, preferably on bounces in those pairs. When better levels to sell at fail to materialize, these funds are forced to go to market and sell into weakness at successively lower levels.

Many analysts are continuing to look for some slowing to the USD rally or some consolidation to develop and I fell into that trap last week. Instead of trying to anticipate a bottom in EUR/USD or a top in the USD, I'm going to operate on the basis of "I'll know it when I see it." And right now, I'm seeing very little in the way of signs of a USD top. The best that I can see are some doji patterns on daily candlesticks from Friday in the US dollar index and USD/JPY. But doji patterns (where the daily open is nearly identical to the daily close) are neutral and only potential warning signs of a reversal; traders need to wait for confirmation signaled by a daily close beyond the doji extreme point in the opposite direction of the trend. For example, in the USD index, the trend has been up, so a daily close below the low of the doji candle could confirm a reversal.

Key inter-market relationships continue to support the USD advance, which in turn reinforces some of those markets' moves. Oil prices are below the 200-day moving average at 111.51 and remain at risk of dropping below the $105/bbl level, setting up potential to take out the psychologically significant level of $100/bbl and decline further. Gold has dropped back below the daily Tenkan line (fastest moving line) in daily Ichimoku charts and is closing below the cloud on weekly Ichimoku charts, highlighting the prospect of more significant declines ahead. US Treasuries were bought on flight-to-quality desperation as asset managers dumped overseas assets and looked to park money in the most secure bond available. Also, this past week saw significant market talk that hedge funds were paring asset holdings in anticipation of large redemptions, a Street euphemism for withdrawals, for the September quarter end. It seems unlikely that such asset sales have already run their course in the first week of September and I would expect more to come.

ForexGen customer satisfaction is our major objective. To reach our business goals, we strive to put our client's goals in focus. We highly value our clients and always aim to exceed their expectations and cross the limitations encountered by the sophistication of the Forex trading industry.

Super-Low Spreads | ForexGen

In last week's update, I highlighted key levels to watch in EUR/USD, GBP/USD and AUD/USD for signs that further declines were unfolding. In each pair, those key levels were broken and the targeted declines were met or exceeded. Below are snapshots of those same currency pairs with new levels to watch.

* EUR/USD: Broke below the key 1.4500/50 level and losses exceeded my projected target of 1.4300. Importantly, EUR/USD is closing below weekly trendline support at 1.4470/80, marking that area as the new 'sell on rally' level. The 100-week moving average at 1.4192 looks to have contained the downside for the time being and a break below that level will likely trigger further weakness to the 1.4000/50 zone of round-number, psychological support. Below sees even longer-term weekly trendline support at 1.3850/70. Additionally, EUR/USD is closing below 1.4358, which is the 38.2% retracement of the move higher from Nov. 2005 lows at 1.1640 to the recent all-time highs at 1.6038. The close below the 38.2% level ultimately targets a drop to the 61.8% retracement at 1.3319, but the 50% level (1.3838) happens to coincide with weekly trendline support at 1.3850/70, so that level may prove more significant as support.

* GBP/USD: Collapsed below the supports I highlighted last week and reached the measured move objective from the 'head and shoulders' pattern at 1.7530 (Friday's low was 1.7538). Cable is below any moving average or retracement you would care to think of. The next downside objective is simply a zone of support between 1.7200/80. This area is marked by trendline support off lows from late 2005/early 2006 and a symmetrical decline equivalent to the drop from 1.9750 to 1.8520, which would target 1.7280. The 1.7850/7900 area is key trendline resistance that offers potential selling levels.

* AUD/USD: Succumbed below 0.8500 and exceeded my projections to 0.8280 and nearly reached the next target at 0.8000 (Friday's low was about 0.8030). Perhaps significantly, AUD/USD is closing above the 200-week moving average at 0.8090. Also, Fibonacci support comes in at 0.8103 (61.8% retracement of the rise from March 2006 low of 0.7016 to the recent all-time high at 0.9861), making this area the trigger to a likely decline below 0.8000. Weakness below these levels likely signals further declines to the spike low of August 2007 around 0.7680 next. Key trendline resistance in the 0.8300/30 area offers potential selling opportunities

Throughout our partnership with the industrial leaders, we are capable of delivering incomparable quality of online currency trading service.
ForexGen services are all controlled by the international banking and financial regulatory standards.
ForexGen is continuously providing the Forex market's safest trading terms & conditions. Providing professional currency trading services that meet our client's expectations is our first priority.

Self-Paced With Forexgen

If you can't wait until you're profitable on a demo account, at least demo trade for 2 months. Hey, at least you were able to hold off losing all your money for two months right? If you can't hold out for 2 months, cut your hands off.

Concentrate on ONE major currency pair.

It gets far too complicated to keep tabs on more than one currency pair when you first start trading. Stick with one of the majors because they are the most liquid which makes their spreads cheap.

You can be a winner at currency trading, but as in all other aspects of life, it will take hard work, dedication, a little luck, a lot of common sense, and a whole lot of good judgment.

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 Methodology | ForexGen

Forex trading is a SKILL that takes TIME to learn.

Skilled traders can and do make money in this field. However, like any other occupation or career, success doesn’t just happen overnight.

Forex trading isn’t a piece of cake (as some people would like you to believe). Think about it, if it was, everyone trading would already be millionaires. The truth is that even expert traders with years of experience still encounter periodic losses.

Drill this in your head: there are NO shortcuts to Forex trading. It takes lots and lots of TIME to master.

There is no substitute for hard work and diligence. Practice trading on a DEMO ACCOUNT and pretend the virtual money is your own real money.

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.

Tips To Improve Your Forex Trading By 100% Now|ForexGen Tips

Most traders don”t take a rational approach to trading and have unrealistic goals. A return of 200%

on your account is possible but it is not possible every month, a return of 10-15% every month is

more realistic and possible.
Here are 10 tips that will improve your trading by 100% and help you reach that level of consistence

you are looking for.
1. Do not trade on anything lower than 4H charts.
If you are new to trading or loosing consistently you must follow this rule, it will keep your

trading account alive and growing. The higher the time frame the easier it is to make money, you can

easily grow your account by 10-15% each month only taking 2-4 trades a month.
2. Only take the A trades.
Be Patient, the markets will be around longer than you, plan your trades and wait for the perfect

setups then pull the trigger with out hesitation.
3. Never risk more than 3% of you account.
No mater if your stop is 150 pips or 30 pips your risk should be exactly the same, most brokers allow

micro lots (.10c) which make it easy to get the correct position size.
4. Keep your system very simple.
My core system’’s are very simple and and very profitable! You do not need to have 10 indicators

pointing in the same direction to take a trade.
5. Back test your system.
Candle by candle back testing your system will give you great feeling of confidence in you trading.
6. Use price action.
Although there is nothing wrong with indicators try to keep them to a minimum, start learning how to

read price action, it will reward you greatly.
7. Don”t over trade.
This is the most common problem with traders, 95% of traders would be more profitable if they just

took 1 trade a month and no more, this would force them to plan that trade with immense forethought

and more often than not it would be profitable.
8. Cut your losses short and add to your winners.
This has been said time and time again, but how many of you actually do this? Your wins should be at

least twice the size of you losses, preferably three times the size. Start trying to build on

profitable positions instead of taking profit as soon as it appears.
If you are a newbie looking to get into the forex market or even a trader who just cant seem to stay

consistently profitable. Following these rules will get you on the right track, stay with the higher

time frames and you will find your trading more profitable and less stress.

Demo Accounts-One Of The Best Ways To Get Started In Forex With ForexGen

One of the best ways to check out Forex trading and see if it is truly something that you like and

feel that you can make money in is to open a Forex demo account. This strategy allows you to view the

account online and see how the account would perform if it were a real account. It’’s kind of like

how the military plays war games where they can test strategies without losing any soldiers. In the

same way, you can use a demo account to make “pretend” purchases and sells just as if you were really

doing them. Through the wonders of modern technology, the software used for these accounts brings

realism to the account and shows whether you would have profited or lost at the end of your trading

day.
Here’’s a closer look at how this method works. Let’’s say that you start with an imaginary amount of

five thousand dollars in your demo margin account. After watching the news reports closely and

studying the currency markets, you think the U.S. dollar will increase in value versus the Yen. Since

your margin account allows you to buy at a ten to one margin you buy (theoretically) fifty thousand

worth of USD and sell fifty thousand dollars worth of the Yen. The difference between the two called

the spread is what gives you your profit.
So why would someone want to have a demo account instead of just jumping right in? It’’s quite simple

really; it makes it easier and less stressful to learn the strategies and techniques without risking

real money. It’’s like playing with Monopoly money! Why do you think pilots are trained in flight

simulators instead of real airplanes before they are allowed to get at the controls of an actual

aircraft? I can”t think of anyone who would want to attempt to fly a plane without spending quite a

bit of time in a flight simulator first, can you? Look at learning Forex trading the same way. You

wouldn”t want to risk your money on something that you know nothing about. So operating a demo

account allows you to learn the business without losing money. Achieving success in the Forex trading

market depends upon your own instincts and abilities. After trying a demo account, you may find that

you don”t have what it takes to be successful at this business. Or you may find you excel at it. It

is far better to find out with a demo account how you would fare with real money.
The vast majority of reputable brokerage houses offering Forex Trading make these accounts available

because they know that if you study and learn how to trade effectively you will be comfortable making

larger trades, which in turn will make them more money. Some charge for the service and some offer

them for free but even if you have to pay a small fee while you are learning it is a small price to

pay if you are able to learn the skills to earn huge profits in the Forex market.
Demo Accounts Contest With ForexGen
ForexGen has the pleasure to announce the launching of the Demo Account contest on the first of

every month.

How To Separate Hype From Reality In ForexGen trading

For most people who may be thinking of entering the Forex trading game some of the terminology can be

confusing. In fact there are many who don”t really understand what Forex is about to begin with. In a

nutshell, Forex or FX is a term that is used to describe the trading of multiple forms of currency

all over the world. Some want to get into FX just because they like the idea of how exciting and

exotic it sounds to be trading foreign currencies, but there are many risks and advantages involved.
For starters, the market for foreign exchange is enormous. There are over 100 times more trades than

the New York Stock Exchange with nearly two trillion trades every day! In addition to the incredible

volume, Forex trading is also almost entirely speculative, which gives it somewhat of a higher risk

than some may be accustomed to. Still another large difference is that unlike trading through a

central exchange like the NYSE, the trading occurs on the over the counter or OTC market. Trades like

these are completed directly between the seller and the buyer via telephone or online. One of the

biggest differences in my opinion that can be a positive or a negative is that the trading takes

place 24 hours a day in major cities all over the world, unlike the major stock markets which close

at specific times each day.
The main trading that drives the Forex market is called currency trading which is a trade where one

currency is bought and another sold at the same moment. This act of trading is known as a “cross” in

the FX movement. Some of the most traded currencies include the US dollar, the Australian dollar, the

British pound sterling, the Japanese yen, and the European Euro, with the US dollar accounting for

almost 90 percent of all currency trading. The next most popular currency is the Euro, which is

involved in almost 40 percent of all trades and gaining popularity all the time.
The values of the currencies fluctuate daily in reaction to news reports on changes in inflation,

interest rates, gross domestic product growth, trade and budget deficits and surpluses, as well as

many other economic factors. This is the reason you will see those who are highly involved in Forex

trading following the news reports very close and staying on top of breaking news 24 hours a day

through the internet and 24 hour cable news channels.
As you can see there are many differences between FX trading and regular stock trading and it is very

easy for a novice to lose a lot of money by not being informed. It is best to start out slow and

learn the business before investing a large sum of money.

ForexGen White Label Partners - Some Things That You Need To Know

The word Forex is actually a slang term for the purchasing and selling of foreign currencies. It is

one more way to play the markets as well as work from home. The popularity of it has literally

exploded in an exponential way with the advent as well as growth of the internet throughout the world

and the dropping costs of computers.
One of the benefits of Forex is that you do not require a broker to purchase and sell stocks for you.

Additionally, the forex market is open 24 hours a day. After you have familiarized yourself with the

forex market and worked with it for some time, you may think about joining up with a forex white

label partnership.
Exactly What Is It
So that you can get into the Forex market, you will have to have and become familiar with Forex

software from gains capital groups (ie - brokerages, banks etc) where you pay to be a member as well

as obtaining the software. Typically, you get a free trial for one or two months to check and see if

your prefer their software and to educate yourself with forex trading in general without breaking the

bank in the process, so to speak.
However, these types of capital gains groups make available even more added services for those

enamored by the Forex trading market. One of these services is the Forex White Label Partnership.

What this is, is a generic type of term which means “super good” which is utilized to get the

attention of forex firms. People don”t appear to get into these forex white label partnerships,

unless they are very proficient at the forex market and forex trading in general.
Primarily, one forex company goes into a partnership with another one so that the combination of the

two ends up making more money than they would separately. The particulars change with each company

that make available white label partnership programs, so you do have to research each one on an

individual basis regarding the details. However, generally speaking, it is a situation of group of

people scratching the back of the other.
Advantages
The benefits for the for the Big Guy that is offering the forex white label partnerships is they end

up getting more clients who use their software and obtaining the forex information that they need

from them as well, through a middle man. It’’s pretty much like franchise restaurants and businesses.

The small guy isn”t just purchasing into a known name brand, but is also obtaining the added support,

supplies and training that he wouldn”t normally get by himself.
The benefits for the smaller guy in the forex white label partnership are indeed numerous. Even

though you still have to know the forex market and also be capable of having strong work ethics as

well as accounting skills to boot, you also get plenty of help from experienced people form the Big

Guy in the partnership. At that point you can build up from a smaller position your firm’’s

reputation and it’’s name as well and everyone end up in a better position.
ForexGen White label program
We provide 'full White Label partnership' to
match the needs of the regulated companies
and organizations that have a legal authorization to hold clients' funds. Our online trading platform

is the most qualified online trading software in addition to an experience based infrastructure, but

the full White Label partner is responsible for all administrative work and of all contact with their

clients, i.e. opening of accounts.

Fundamental Analysis

ForexGen Fundamental traders use information about the global and national economies news, and the financial state of the companies involved, as well as non financial information such as current political and weather information.ForexGen Fundamental traders believe that the markets will react to events in certain ways and that they can predict future market prices based on these events.

ForexGen Fundamental traders need access to all of the available information as soon as it is available, and are therefore often institutional traders with large support teams, rather than individuals.

Fundamental analysis has probably been in use since there were markets to trade, and has traditionally been done manually, but as computing power increases it has become possible for some fundamental information to be processed automatically.

ForexGen | What Are the Advantages of trading forex ?

1) High liquidity

(i.e. an opportunity of reception under the transaction of money, instead of the goods).

The market on which money are assets, have highest of all possible liquidities.

This circumstance is powerful attractive force for any investor since it provides to him freedom to open and close a position of any volume.

2) Efficiency

(a 24-hour market). The main advantage of the Forex market over the stock market and other exchange-traded instruments is that the Forex market is a true 24-hour market.

Whether it's 6pm or 6am, somewhere in the world there are always buyers and sellers actively trading Forex so that investors can respond to breaking news immediately.

3) Cost. Forex market

traditionally has no commission charges, except for a natural market difference (spread) between the prices of a supply and demand.

4) Avoiding instability problems.

Because of high liquidity of the market the sale of practically unlimited lot can be executed on a uniform market price.

5) The margin size

The size of credit "shoulder" (margin) in Forex market is defined only by the agreement between the client and that bank or broker firm which provides to him an output on the market, and makes 1:33, 1:50 or 1:100, for example.

On Forex market the traditional size of "shoulder" 1:100, i.e., having brought the mortgage in 1000 dollars, the client can make transactions for the sum, equivalent 100 thousand dollars.

forexgen money manager

The developments in international trade have resulted in the emergence of a new brand of manager called the forexgen money manager . The forexgen money manager is a category apart from the finance manager or the treasury manager. He deals in currency and money but not of one country. He has to transact with a number of counter parts both in the domestic and abroad. He is face to face with special kind of risk. Yet his vocation is full of opportunities and challenges.

For effective management of forex transactions, the forexgen money manager is expected to have the following skills:

1) Awareness of historical development of world trade:

The Forexgen money manager must have a fair idea of as to how the world trade has reached its present status. The shifting power of alliances, emergence and decline of economic superpowers, present political situations, trade patterns etc. should be known. This knowledge base enables the manager to view the current situation in proper perspective.

2) Ability to forecast future trends:

The Forexgen money manager must be in a position to derive an accurate forecast of the future trends in international trade flows and exchange rare patterns. This forecast helps the manager to prepare his forex budget.

3) Comparative Analysis Skills:

The forexgen money manager should be able to carry out a comparative analysis of costs of domestic and imported raw materials, price of local sales and export sales, shipping rates, insurance costs etc. in order to determine whether it is expedient to produce locally or to outsorce.

4) In-depth knowledge of forex market:

The forexgen money manager is expected to have in-depth knowledge of functioning of foreign exchange markets, their rules and regulations, the size of their operation, the profile of active currencies, strength and weakness of the domestic currency etc. in order to achieve better pricing of deals.

5) Knowledge of interest rates:

Since interest rates have a direct bearing upon exchange values, awareness about the domestic and international interest rates enables the forexgen money manager to form an accurate opinion about the forward premia.

6) Willingness to undertake risk:

Armed with the knowledge and awareness about international financial and trade patterns, currency positions and interest rates, the forexgen money manager should have the ability to undertake reasonable level of risks with a view to profit from forex exposures.

7) Hedging strategies:

The forexgen money manager should be in a position to hedge his positions to the best extent possible. To achieve this, a sense if timing is essential in the background of ever changing world of exchange values.

For More Information

Leading Indicators | FOREXGEN

- Leading Indicators:

An index published monthly by the Conference Board used to predict the direction of the economy’s movements in the months to come. The index is made up of 10 economic components, whose changes tend to precede changes in the overall economy.

These 10 components include:

1. the average weekly hours worked by manufacturing workers.

2. The average number of initial applications for unemployment insurance.

3. The amount of manufacturer’s new orders for consumer goods and materials.

4. The speed of delivery of new merchandise to vendors from suppliers.

5. The amount of new orders for capital goods unrelated to defense.

6. The amount of new building permits for residential buildings.

7. The S&P 500 stock index.

8. The inflation-adjusted monetary supply (M2).

9. The spread between long and short interest rates.
10. Consumer sentiment.

The Composite Index of Leading Indicators is a number that is used by many economic participants to judge what is going to happen in the near future. By looking at the Composite Index of Leading Indicators in the light of business cycles and general economic conditions, investors and businesses can form expectations about what’s ahead, and make better-informed decisions.

For More Information you can visit : www.forexgen.com .