Types Of Analysis Of ForexGen

Fundamental Analysis: A fundamental analysis uses economic and political factors, such as unemployment rates, interest rates, or inflation, as a means of predicting currency movements. Fundamental analysis is concerned with the reasons or causes for currency movements. Many Forex traders who rely on fundamental analysis plan their trading strategies around a number of key U.S. Government economic indicators. Some of these indicators are the Gross Domestic Product (GDP), Foreign Exchange Rates, the Composite Index of Leading Indicators, the Consumer Price Index (CPI), Retail Sales, Housing Starts, the Employment Cost Index, and Consumer Confidence.


Technical Analysis: A technical analysis uses historical data as a means of predicting currency movements. The technical analyst believes that history repeats itself over and over again. Technical analysis is not concerned with the reasons for currency movements (for example, interest rates or inflation).

Economies Of South Asian Emerge from Global Financial Crisis

Most South Asian economies are recovering from the global financial crisis, and starting to register brisk growth. The recovery has been especially swift in India, the region's biggest and fastest growing economy.

As the year draws to a close, the overall mood in India is optimistic. Businesses are planning new investments, consumers are buying new cars and homes, and stock markets are reaching their highest level in a year and a half.

Policy makers are expecting the economy to rise by 7.5 to eight percent during the current financial year. That is far higher than forecasters predicted at the start of the year, when the global recession had sharply slowed growth.

Types of Orders with ForexGen

Stop-Loss Order: A stop-loss order is a market order to close a Forex position if or when losses reach a pre-set threshold. According to Bruce Kovner: Whenever I enter a position, I have a predetermined stop. That is the only way I can sleep. I know where I am getting out before I get in. The position size on a trade is determined by the stop, and the stop is determined on a technical basis. Ed Seykota adds: The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.

Take-Profit Order: A take-profit order is a market order to close a Forex position if or when profits reach a pre-set threshold.