Historically, gold has been a proven method of preserving value when a national currency was losing value. If your investments are valued in a depreciating currency, allocating a portion to gold assets is similar to a financial insurance policy. This year (2011), the climb in the price of gold above $1900 per ounce is due to many factors, one being that the dollar is losing value.
REASONS TO SAY YES TO TRADE GOLD
The dollar is weak and getting weaker due to national economic policies which don't appear to have an end.
Gold price appreciation makes up for lost interest, especially in a bull market.
The last four years are the beginning of a major bull move similar to the 70's when gold moved from $38 to over $1900!!
Central banks in several countries have stated their intent to increase their gold holdings instead of selling.
The trend of commodity prices to increase is relative to gold price increases.
Worldwide gold production is not matching consumption. The price will go up with demand.
Most gold consumption is done in India and China and their demand is increasing with their increase in national wealth.
Gold price reached all-time highs in 2011 and are still trending upward.
U.S. government economic policies over the past decade have systematically projected the U.S. economy down a road with uncontrollable federal spending and an uncontrollably increasing trade deficits. Both will cause the dollar to lose in international value and will increase the price of alternative investments, such as gold.
With the recent devaluation of many international currencies, the U.S. dollar was the international safe haven of last resort. We are seeing signs of this ending due to many financial factors, the most important one being a falling dollar.
There are over Four Trillion dollars ($4,450,000,000,000) of U.S. debt owned by foreigners which could be repatriated under certain conditions. This could cause a major decline in the value of the dollar and a soaring gold price.
DO NOT FALL FOR THIS STUFF
"I don't see how prices could get any higher."
"There's no way gold can keep this rally alive."
This sentiment is nothing new.
Those lines even came from the same newspaper! It was printed in 2006, when gold traded for less than $600.
And you heard it again as prices broke $700 then $800...
Even as we tear down the $1,900 mark, "experts" are still clinging to their "it's peaked" mentality.
Last month alone, prices jumped another 12%.
And thanks to the entire world's lack of trust in D.C. and the U.S. dollar, gold is a long way from peaking.
We are predicting it'll break at least $5,000 within the next two years. And we know we are not alone...
"If you believe in 'BUY LOW, SELL HIGH',
GOLD is still LOW, but CLIMBING!!"
Gold May Reach $15,000 per troy ounce!!
FGT 4.0 USING INSTAFOREX REAL ACCOUNT
"WARNING!! 90% EXPERT ADVISORS ARE SCAMS!!
BUT THIS ONE WORKS ON YOUR REAL ACCOUNT!!"
"YOU CAN COPY OUR TRADING RESULTS!!"
You don't need to have a huge bank balance
You don't need to have any prior Forex experience
You don't need to have any prior Computer experience
You don't need to trade forex manually and waste your time
You don't need to guess and start gambling
You don't need to spend hours at charts and following misleading signals
WHAT EXPERTS SAY ABOUT GOLD V.S DOLLAR?
GOLD V.S DOLLAR
12 Reasons Why Buy GOLD
Gold May Reach $3500 per troy ounce!! (by Bloomberg.com)
Gold May Reach $5000 per troy ounce!! (by Foxbusiness.com)
Gold May Reach $10,000 per troy ounce!! (by CNBC news)
Gold May Reach $15,000 per troy ounce!! (by Street TV)
Conclusion :Gold is under-valued, under-owned and under-appreciated.It is most assuredly not well understood by most investors. At the beginning of the 1970's when gold was about to undertake its historic movefrom $35 and few months ago up to $1,923 per ounce!!.The only difference this time is that the fundamentals for gold are actually better. P.S. It's simple, really. Demand is soaring. Supplies are plummeting.And if you don't buy gold now, you may not get the chance to later.
WHAT THEY SAY ABOUT FOREX GOLD TRADER?
"As long as gold and silver keep moving up this EA will make money , week in week out Ive tinked with the TP point (raised tthem) in order if there is a large unexpected drop in gold /silver the EA wont open lots of positions , but this does mean less trades if the market is ranging , but I can live with that , Im propably up about 50 % on my account in 3-4 months . Be careful with silver as it can easily break an account if the price drops but thats trading remember money management."
Colin H Lyon, Western Australia
"Very good Ea Up $700 This Week Alone Training it to scalp 10 pips With .20 Lots
There nothing wrong with drawdown the EA is not a physic but it always hits it target
If u trade with recomended leverage u should be fine
If u get greedy and think u can put $100,000 (1 lot) into market with out some drawdown u will blow ur account and ur a idiot
95% of forex traders loose money and 99%percent of Ea are scams but this one works
Also i dont beleive hype about WHAT IF GOLD STOPS GOING UP
If u know anything about trading then u know gold is constanley moving and with so even if it tops at $1500 when it drops it will surley go back up and the Ea will catch all buys
Besides S and P jut downgraded US Asia is hoarding gold bullion and massive inflation is coming I see Gold At $3000 A ounce before the year is over."
Karon Lewis, Kissimmee, FL
"I said I be back and I am. It took me several months to see what the FGT was capable of. And I must say I've been OVERWHELMED with it trading. No losses sinced I've used FGT. It's not as aggressive as the many EA's I've used in the pass.But you soon appreciate the value of it's consistency.And being able to adjust lot size or it's money management will do it for you. In my opinion over the pass 10-11 yrs. the by far is the best I've ever used!!!"
Ronald , New Jersey
"About two weeks ago I wrote a review of Forex Gold Trader (FGT) however, it was limited to their customer support. Since I only use the product for a few days; I did not feel qualified to make a judgement of the product itself. I have been using the product for three weeks and I feel I am much better qualified to judge the product. First of all let me state that I am a retired IT professional specializing in enterprised databases development for a major database company.
FGT trades only two pairings, XAUUSD and XAGUSD, gold and silver. It is recommended to only trade these two pairing and no pairings. You populate arguments (properties) of the EA to reflex your preferences and situtation. I am not a US resident and use a broker that does not accept US residents so a few of my arguments would be different than US residents that are restricted from these brokers. My broker is Gallant Capital Markets located in the British Virgin Islands. The documentation explains how to set the arguments of the EA and you can contact FGT support for additional help. I found their support excellent.
Now how it works: (I trade both pairings, am only long and not short)
Once I installed the EA I was placed into two trades; one for each pairing. If the price goes up; I close the trade and take profits at a pre-determined point (set as an argument value) and then it enters another trade. If the price drops; it places a buy stop order at a pre-determined point. If the price continues to drop it places additional buy stop orders. This is done because at some point the price will turn and go back up. Based on the arguments you have set you should enough margin to cover drawdown plus its understood that gold and silver will not probably crash. Once the price turns up the stop buy orders are executed. So, you now have additional gold and silver trades. Once the take profit points are hit on the stop buy orders that were executed you exit that trade and it will executed the next stop buy order (if there are any left) taking profits on each of the stop buy orders as the price continues to climb. If the price retraces then it will place additional stop buy orders, expecting the price to turn up again. I don't know about you I really like this strategy for gold and silver. I really like the fact that you are taking profits as the price increases (protecting your profits) and should the price drop temporarily you are prepared to get back into additional trades when the price turns back up. The most trades that I have been in at one time is 6 or 8; 4 to 6 gold and 1 or 2 silver.
Now as for the length of the trades: (this is not scapling)
Most trades are closed within 1 day with a few lasting much longer (one week or more). Check out the attached PDF first for a detailed report on their trades. Some may think at the developer's sample account would be different that your real money account; if found my live account has pretty much the same results. I have hear of others having different results and this could be a factor of having different arguments set in the EA or much more likely a broker issue. Two very important arguments that I have set are: ENCBroker is True and FIFO is False. My broker is a Straight Through Broker and does not follow First In First Out rule.
Forex Gold Trade is an excellent EA for trading Gold and Silver."
Donald Rapier, Costa Rica
"This is a very good EA, trading gold and silver.Working very good on my account with normal setting, it's not working like other eas but it works.My account grown of 20% in 3 weeks with normal settings."
"Very good EA, I got 5-20% per month using safe setting."
"I have tried a lot of EA's but this is the Best, do exactly what they say with your balance, allow for draw downs and Happy Days."
"I have been used this EA FGT from Oct 2010. I'm really impressed. The result is excellent. Profit around 40-50% per month. You must have this. But you must be carefull with your lots (1% of your balance).
The open positions can be floating for sometimes. You can use $100 deposit. But I recommend use $1000 deposit. Use 0,01lot size. TP 650-1000pips."
Robby Luisan, Jakarta, Indonesia
"Excellent EA, I started a live on InstaForex acct with $252.95 on 12/27/10 and as of right now on 12/20/10 is up to $279.47. One thing, If it's run on a small acct balance use mini lots and wise money management, Thanks."
Victor, Somerville, Massachusetts
"Start from 30Nov2010 USD1100 , now USD1288.90 Best of the Best"
"To readers who wants to know if Forex Gold Trader is worth it...
The answer is YES. As you can see, alot of other people feel the same. I start with the EA on a demo account 3 weeks ago. Needless to say, it showed good results. This week, I started a $1K live account with FXDD, and I have made $79 profit in 3 days. It's not thousands, but it IS steady profit. I dont know if it will continue to do great, its too early to tell. However, If you do decide to trade live with this EA, Please remember one thing... Do Not Be Greedy! Because, it takes time for the trades to close, you dont what to open too many trades with large lot sizes. Be smart, start off small, and work your way up. As a tip: For a $1K account balance, use max 0.02 lots, 5 max orders at once, 6 pip profit. Good luck!"
Jonathan, New York
"A couple of days after I started using this on demo, the price of gold declined by about $100, so I had a number of trades open with a pretty bad floating loss. However it kept opening other trades that were closing profitably, so I just let it run. In a little over two weeks, I am up over 30%. I am down to the last trade that was opened on Nov 12th which will probably finish in profit soon.
The bottom line for me with any EA is this: Would I trust it with real money? This one absolutely.
You do have to be careful with your lot size, as there is no stop loss. If you don't get greedy, there is no reason that this EA would not be profitable. 5 stars for sure."
"I have begun to use FGT on two demo accounts of different brokers with different adjusts since 08.11.2010.
At FXDD demo there is 5 open trades and 12 profitable closed trades with 0,04 lots for 3000usd deposit..
At Alpari demo there is 5 open trades with 120usd present profit and 2 profitable closed trades with 0,1 lots for 5000usd deposit."
"EA very efficient. Never seen such profitability.
As already told, to be very profitable, you need a good starting capital."
"This EA is solid. I'm making 10% returns a week."
"Very Good EA!!!
The share will expand more if the number of brokers who handle XAUUSD increases."
Katsuya Ito, Japan
"Although I have only recently started trading and probably too early to report on long term success, I have been impressed with these guys service and support, and the short-term forward testing I have done, as well as the backtesting.
I have backtested as far as XAUUSD Gold goes back with mr broker (Jan 2010) and the EA is solid and profitable with GoMarkets Live and Dukascopy demo history data.
4 stars for now, and hopefully 5 as I trade live from here and see the pips roll in."
"First time to review here in FPA , but i have to admit, this EA is working very well and keeping me gets profit from 28/09/2010 exactly. The only thing i have to say is that YOU MUST have a good money management to sit lots that you can keep it floating for a while. this is the secret of this EA . I introduce people to try it .. it worths :)."
WHY FOREX GOLD TRADER 4.0 AND NOT THE OTHERS?
Operating System : Windows 2003, Windows XP, Windows Vista, Windows 7
Platform : Metatrader 4
Leverage : Minimum 1:50, 1:100, 1:200 up to 1:1000
Account type : Micro Account or Mini Account or Standard Account
If your account is Micro Account (0.01 lot) : minimum balance is $1,000 recommended is $2,000
If your account is Mini Account (0.1 lot) : minimum balance is $10,000 recommended is $20.000
If your account is Standard Account (1 lot) : minimum balance is $100,000 recommended is $200.000
Currency : GOLD or XAUUSD, most Metatrader 4 brokers have GOLD currency
FREQUENTLY ASKED QUESTIONS
What is the minimum requirement to use Forex Gold Trader 4.0?
Any broker that support Metatrader 4, XAU/USD (GOLD) currency
What is the minimum deposit to use Forex Gold Trader 4.0?
If your account is a micro account (0.01 lot) minimum balance is $1000 (our recommended size is $2000), if your account is a mini account (0.1 lot) minimum balance is $10000 (our recommended size is $20000), if your account is a mini account (1 lot) minimum balance is $100000 (our recommended size is $200000)
Can i use with any broker?
Yes, as long as they meet our minimum requirements (Metatrader 4, XAUUSD (Gold). Example : Forex.com, FXCM, Alpari UK, FXSolutions, etc
I am US Citizen, how to trade GOLD using Forex Gold Trader 4.0?
As a result of the Dodd-Frank Act enacted by US Congress, a new regulation prohibiting US residents from trading over the counter precious metals, including gold and silver, will go into effect on Friday, July 15, 2011. We have alternative regulated brokers for you who accept US Citizen and dont use NFA rule. Please visit this page.
Are your account results REAL?
Yes, our results are verified by an independent analyst (MT4i.com). If you need more proof, please contact us, we would be happy to provide it.
How much spread was included in Forex Gold Trader 4.0 results ?
Gold spread is 50-100 pips. But we can assure you our EA is not spread sensitive so you can use it with any spread size
Why your EA open BUY ONLY?
We have SELL options, but we dont recommend it.
Do you use Stop Loss?
Yes, we have stop loss feature. You can use it or not depend on your style.
Do you use Martingale system?
NO, we are anti-martingale system (gambling system). Martingale will blow your account soon! Be carefull!
Do you use Scalping system?
NO, we dont use Scalping. Scalper only works with demo account but the result really different with real account.
Can i use Forex Gold Trader 4.0 on demo account first?
Yes, the version you purchase will work on both a demo or live account, so long as the broker meets the minimum requirements.
Can i use Forex Gold Trader 4.0 on cent account?
Yes sure, our EA can works with any account type (cent, micro, mini, standard)
Can i use Forex Gold Trader 4.0 on any Gold symbol (example: GOLD, XAUUSD, XAUUSDFXF, etc)?
Does the Forex Gold Trader 4.0 work with other EAs on the same account?
Can i use Forex Gold Trader 4.0 with any account?
Yes, you purchase a full version that can be used on any account with any broker. But 1 license 2 account numbers, you can update it anytime. Do not share your license with others, or we will blacklist your membership and you will not get any updates in the future.
How to purchase?
Click the ORDER NOW button, and you will go to a secure payment form to make the purchase. All our purchases are handled by the PLIMUS NETWORK.
Do you have a money back guarantee, if your system does not work?
Yes, we offer a 30 day money back guarantee. Send your trading result (demo or live) using our EA at least for 10 trading days to our email. We need it for documentation and research. We will refund you within 1-3 business days.
If you have a good system and really make money, why sell it?
Why not? We make money by managing our clients, trading, and selling trading software, it is part of business. Unlike most of the other systems being sold today, our system does not require a quick entry price, and does not utilize a quick take profit, so it can be used by many without affecting the overall results.
YOU CAN DOWNLOAD OUR FOREX GOLD TRADER 4.0
ONLY $149 onetime payment
OR, YOU CAN GET FGT EA FOR FREE IF YOU OPEN ACCOUNT $1000 with INSTAFOREX
U.S. Government Required Disclaimer - Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
The purchase, sale or advice regarding a currency can only be performed by a licensed Broker/Dealer; either us, nor our affiliates or associates involved in the production and maintenance of these products or this site, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
Clearly understand this: Information contained in this product is not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional who will verify what is suitable for your particular needs and circumstances. Failure to seek detailed professional, personally tailored advice prior to acting could lead you to acting contrary to your own best interests and could lead to losses of capital.
*CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. IN ADDITION, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT OF ANY OF THE CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.