One needs to understand that there is so much money that is available for everyone to enjoy himself or herself and do whatever that they wish without fears of exceeding a budget or waking up early mornings to work. The only reason that people still go for jobs is that they lack true financial knowledge. Up until recent years, forex was fairly known by a slight percentage of the world’s population. Moreover, by the help of influential traders such as Ref Wayne (Africa) and Greg Secker (Europe) as well as many other ‘forex media darlings’, retail trading has grown rapidly throughout the past years. However, out of the $5.3T trillion that is traded a day, only a FEW traders make it out successful and profitable!
You would think that since forex trading is very liquid (53X more than the NYSE) and is open 24/5 that you will find at least 50% of traders making money and living the life of their dreams. Unfortunately, this is not the case; instead, more people joining the forex business are not aware that they are signing for bankruptcy.
This is where we come in! Our job is to make sure that you become successful and profitable in trading; we do this by providing you with signals.
Using our signals- You will know what to trade, when to trade it and when to take profit. We use super unique and non-conventional (Astro-cycles & Wave theory) trading techniques that would take the average traders many years of learning and experience to comprehend. Before the launch of this website, we had a free trial run to over 20k subscribers (check results) and at least 80% of signals called went into profit in the first 10minutes!
It should be noted and remembered that ForexAmg is a website that is built by a multi award-winning trader who is not only a best-selling author but also boasts with an honorary doctorate in foreign exchange trading and management.
Forex AMG “AMG” Referral Program is an initiative that is designed to promote Forex AMG sales trough Introducing Broker. As opposed to a single commission program that is in place, this system with innovate the AMG sales and it will also provide an opportunity for individuals to earn money through referrals and recruitment while purchasing and selling the AMG system.
As the IB of Forex AMG, we will compensate the candidates or the applicants by paying them on commission basis, through the targets reached or sales accomplished.
The IB gets 20% referral fee, each time the client pays their subscription, the refer (IB) will earn 20%. Means it is a passive income system.
The IB Referral is proposed as follows:
This is a huge opportunity for people who want to make passive income. All you do is to help another person make money by introducing them to this forex system and you get 20% of the subscription fee forever! Meaning, every time we debit our package amount, we will debit your 20% commission to you.
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or Over The Counter (OTC) market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the Credit market.
The foreign exchange market is the "place" where currencies are traded.
Foreign exchange is the exchange of one currency for another or the conversion of one currency into another currency. Foreign exchange also refers to the global market where currencies are traded virtually around the clock.
The process by which people in different countries pay each other by exchanging different currencies.
Online trading has given anyone who has a computer the ability to invest in the market. Get an overview of how stocks and the stock market works.
Online trading is the act of placing buy/sell orders for financial securities and/or currencies with the use of a brokerage's internet-based proprietary trading platforms.
One makes profits through forex buy predicting the direction of the currency in question accurately therefore being compensated for it.
You should see trading as a business. If you’re willing to put in the hours, learn the fundamentals as well as th e technicals involved that will give you the stance to take informed decisions when trading therefore balancing the risk factor and the profit factor making your personal trading fair.
There is no central location of the foreign exchange market, often referred to as the forex (FX) market.
Transactions in the FX market take place in many different forms, 24 hours a day, through different channels all over the globe; existing wherever one currency is exchanged for another.
Consumers may purchase goods in a foreign country or via the internet with their credit card.
The amount consumers pay in the foreign currency will be converted to their home currency on their credit card statement.
Travelers must go to a bank or currency exchange bureau to convert one currency (their "home" currency) into another (the "destination" currency) when using cash to pay for goods and services in a foreign country.
Travelers need to be aware of exchange rates to ensure they receive a fair deal.
Businesses often need to convert currencies when they conduct trade outside their home country.
Large companies need to convert huge amounts of currency; a multinational company such as General Electric (GE) for instance, converts tens of billions of dollars each year.
Investors and speculators require currency exchange whenever they deal in any foreign investment, be it equities, bonds, bank deposits, or real estate.
Investors and speculators also trade currencies in an attempt to benefit from movements in the currency exchange markets.
Commercial and investment banks trade currencies as a service to their commercial banking, deposit, and lending customers.
These institutions also participate in the currency market for hedging and speculative purposes.
Governments and central banks trade currencies to improve economic conditions or to intervene in an attempt to adjust economic or financial imbalances.
Because they are non-profit, governments and central banks do not trade with the intention of earning a profit, but because they tend to trade on a long-term basis, it is not unusual for some trades to earn revenue.
The market is open 24 hours a day from 5pm EST on Sunday until 4pm EST Friday. The reason that the markets are open 24 hours a day is that currencies are in high demand.
As one major forex market closes, another one opens. According to GMT, for instance, forex trading hours move around the world like this: available in New York between 01:00 pm Â– 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. This enables traders and brokers worldwide, together with the participation of the central banks from all continents, to trade online 24 hours a day.
The most common currencies traded are known as major currencies First and foremost is the U.S. dollar, which is easily the most traded currency on the planet.
The Euro. The Japanese Yen. The Great British Pound. The Swiss Franc. The Canadian Dollar.
Changes in market inflation cause changes in currency exchange rates. A country with a lower inflation rate than another's will see an appreciation in the value of its currency. The prices of goods and services increase at a slower rate where the inflation is low. A country with a consistently lower inflation rate exhibits a rising currency value while a country with higher inflation typically sees depreciation in its currency and is usually accompanied by higher interest rates
Changes in interest rate affect currency value and dollar exchange rate. Forex rates, interest rates, and inflation are all correlated. Increases in interest rates cause a country's currency to appreciate because higher interest rates provide higher rates to lenders, thereby attracting more foreign capital, which causes a rise in exchange rates
A country’ current account reflects balance of trade and earnings on foreign investment. It consists of total number of transactions including its exports, imports, debt, etc. A deficit in current account due to spending more of its currency on importing products than it is earning through sale of exports causes depreciation. Balance of payments fluctuates exchange rate of its domestic currency.
Government debt is public debt or national debt owned by the central government. A country with government debt is less likely to acquire foreign capital, leading to inflation. Foreign investors will sell their bonds in the open market if the market predicts government debt within a certain country. As a result, a decrease in the value of its exchange rate will follow.
Related to current accounts and balance of payments, the terms of trade is the ratio of export prices to import prices. A country's terms of trade improvesif its exports prices rise at a greater rate than its imports prices. This results in higher revenue, which causes a higher demand for the country's currency and an increase in its currency's value. This results in an appreciation of exchange rate.
A country's political state and economic performance can affect its currency strength. A country with less risk for political turmoil is more attractive to foreign investors, as a result, drawing investment away from other countries with more political and economic stability. Increase in foreign capital, in turn, leads to an appreciation in the value of its domestic currency. A country with sound financial and trade policy does not give any room for uncertainty in value of its currency. But, a country prone to political confusions may see a depreciation in exchange rates.
When a country experiences a recession, its interest rates are likely to fall, decreasing its chances to acquire foreign capital. As a result, its currency weakens in comparison to that of other countries, therefore lowering the exchange rate.
If a country's currency value is expected to rise, investors will demand more of that currency in order to make a profit in the near future. As a result, the value of the currency will rise due to the increase in demand. With this increase in currency value comes a rise in the exchange rate as well.
The profit that can be made in forex is infinite. ThereÂ’s no specific benchmark or amount which caps the endles possibilities. The amount is directly proportion to the equity and size of lot size used in relation to the risk in short thereÂ’s no specific figures as t hey are just endless.
Yes, you will get updates to every changes we do on the site, this goes with the change log that will indicate every modification made to the particular robot.
You do not need any serious experience to attach an EA(Robot) on to the meta-trader 4 platform. Fortunately, we have developed our software to be very simple. A Plug and Play it is!
You will not lose anything. Worst case scenario is that your robot will just turn off if you are not hosting it on a VPS.
No, you do not need to monitor it all the time.
No, it is built only for the meta trader core.
Yes, it is designed to work on all brokers.
It is completely self-preference on how much you would want to deposit to start trading.
Whenever it detects a set-up
It is recommended to trade the major pairs because of their liquidity.