Dec 1, 2008

ForexGen | UK Forex and Economic Market

Before entering Forex trading, there must be a well-built knowledge of what you are going to experience. And for this reason, ForexGen provides Forex users with all leading trading tools for successful FOREX trades. ForexGen tools can be defined as pre-trading tools, durable-trading tools, and after-trading tools. Pre-trading tools are those tools used before starting real trades, like ForexGen online Academy and the practice account; and ForexGen makes these tools free for assisting the traders. Durable-trading tools are those used from the start and during the trade, like live trading accounts, funding methods, trading platform, trading signals, etc. After-trading tools are those used after your trade, like executing orders, withdrawal issues, etc.

Entering the last few moments of trading the FTSE is down over 1.5% despite a positive start.

The United Kingdom Forex index rose slightly upon opening before slumping in mid-morning trading, due largely to concerns over the value of sterling. Retailers, financials and construction companies were the hardest hit today as the downbeat sentiment continues – news of 52,000 more job cuts at Citigroup helped drag the mood lower while Wall Street dropped on opening to ensure a negative afternoon session for the FTSE.

As the world’s largest economies head into what could be a prolonged recession, industry reports claim the United Kingdom Forex could be expecting its most severe contraction in 28 years. The economic crisis is mutating rapidly and investors seem much more willing to sell at the slightest chance, with positive news reports few and far between. Bailout plans seem increasingly aimed at keeping economies afloat rather than acting as catalysts for a recovery, so we should expect more doom and gloom as the FTSE edges closer to the psychological 4000 mark – a level which could encourage more investors to jump on the selling bandwagon

A United Kingdom Global Forex trading method with a high winning percentage is rewarding psychologically, keeps your morale high and is enjoyable to trade. A string of profits will build your confidence. See our trade of the week page which is updated at the end of each trading week .If you are looking for a system with no losing trades, forget trading and find another business or hobby. Losses have to keep small and wins should be larger than losses. We have forward tested each strategy in real time. We started offering our CI System in 2003 but in 2007 we replaced it with improved trading strategies.