Brexit

mlawson71 posted:
Why am I not surprised that the only brokers who don't want to take any measures to protect their clients during the referendum are the ones regulated by CuSEC (https://smnweekly.com/2016/06/21/exness-easymarkets-go-trend-keep-margin-requirements-unchanged-brexit/)? And all with the promises that volatility during Brexit will give people the opportunity to make more money.

One could assume that 'guaranteed stop losses' does provide lucrative profits and protection. They also may be the only brokers who believe that the steps they have taken since CHF are adequate to cover major losses overall, time will tell.

As I stated previously, they have to consider both sides of the coin, the traders who are confident they can make a profit will not want any alteration to their margin or leverage, if they consulted their largest clients individually they may have found overwhelming feedback to keep everything unchanged, but to provide guaranteed stops as the alternative to protecting clients.

xgavinc posted:

mlawson71 posted:
Why am I not surprised that the only brokers who don't want to take any measures to protect their clients during the referendum are the ones regulated by CuSEC (https://smnweekly.com/2016/06/21/exness-easymarkets-go-trend-keep-margin-requirements-unchanged-brexit/)? And all with the promises that volatility during Brexit will give people the opportunity to make more money.

One could assume that 'guaranteed stop losses' does provide lucrative profits and protection. They also may be the only brokers who believe that the steps they have taken since CHF are adequate to cover major losses overall, time will tell.

As I stated previously, they have to consider both sides of the coin, the traders who are confident they can make a profit will not want any alteration to their margin or leverage, if they consulted their largest clients individually they may have found overwhelming feedback to keep everything unchanged, but to provide guaranteed stops as the alternative to protecting clients.

Guys never ever trust Russian broker, like Exness like RVD Markets, like Alpari, Like XE Markets

Cox murder effect fading in the latest polls.

stian posted:
Cox murder effect fading in the latest polls.

Cox murder decreased the probability of Brexit

togr posted:

xgavinc posted:

mlawson71 posted:
Why am I not surprised that the only brokers who don't want to take any measures to protect their clients during the referendum are the ones regulated by CuSEC (https://smnweekly.com/2016/06/21/exness-easymarkets-go-trend-keep-margin-requirements-unchanged-brexit/)? And all with the promises that volatility during Brexit will give people the opportunity to make more money.

One could assume that 'guaranteed stop losses' does provide lucrative profits and protection. They also may be the only brokers who believe that the steps they have taken since CHF are adequate to cover major losses overall, time will tell.

As I stated previously, they have to consider both sides of the coin, the traders who are confident they can make a profit will not want any alteration to their margin or leverage, if they consulted their largest clients individually they may have found overwhelming feedback to keep everything unchanged, but to provide guaranteed stops as the alternative to protecting clients.

Guys never ever trust Russian broker, like Exness like RVD Markets, like Alpari, Like XE Markets

Instaforex served me well for many years, no issues. I changed broker to XM so I could trade in my local currency. I guess one must just do your homework before choosing a broker.

As much as I like well regulated brokers, at least with Instaforex and others that keep many traders on the B book they are less likely to go under.. Still use ICM and Axi, but also Profiforex and Instaforex.

togr posted:

stian posted:
Cox murder effect fading in the latest polls.

Cox murder decreased the probability of Brexit

Aye, but the effects seem to be fading in the polls.

togr posted:

stian posted:
Cox murder effect fading in the latest polls.

Cox murder decreased the probability of Brexit

I don't think it ever had an effect, the aggregation of various polls from different institutes showed almost zero impact when added together and averaged.

A spokesman for the pro-exit made a statement to the effect of X billion per year deficit to EU, and Y income from EU, leaving Y deficit per year (can't recall exact figures)... he was proven wrong. Then another was asked about immigration campaign, and that they are forced to open their borders due to EU... he was proven wrong as well as it was never an EU requirement to take refugees (every country's own immigration laws supersede the Union). The rubbish claims are being filtered out quickly at the last minute on both sides, so hopefully all votes will be based on well informed decisions regardless of any current events.

Can always hope there will be a well informed decision. But most numbers are very speculative. No one have left the EU before, yet nations outside the EU, such as Norway, Liechtenstein and Switzerland are doing just fine outside of it (granted, under EFTA).

I'm just afraid it will cause the other countries within the EU to leave, which will make gold go sky high, and I will not be able to buy much :/

brexit will be good,EU is a scam from the world globalists,only some took advantage of it ,the whole europe on the bring of bankcrupties

rob559 posted:
brexit will be good,EU is a scam from the world globalists,only some took advantage of it ,the whole europe on the bring of bankcrupties

That's like saying USA is scam and bankrupt :)

xgavinc posted:

togr posted:

xgavinc posted:

mlawson71 posted:
Why am I not surprised that the only brokers who don't want to take any measures to protect their clients during the referendum are the ones regulated by CuSEC (https://smnweekly.com/2016/06/21/exness-easymarkets-go-trend-keep-margin-requirements-unchanged-brexit/)? And all with the promises that volatility during Brexit will give people the opportunity to make more money.

One could assume that 'guaranteed stop losses' does provide lucrative profits and protection. They also may be the only brokers who believe that the steps they have taken since CHF are adequate to cover major losses overall, time will tell.

As I stated previously, they have to consider both sides of the coin, the traders who are confident they can make a profit will not want any alteration to their margin or leverage, if they consulted their largest clients individually they may have found overwhelming feedback to keep everything unchanged, but to provide guaranteed stops as the alternative to protecting clients.

Guys never ever trust Russian broker, like Exness like RVD Markets, like Alpari, Like XE Markets

Instaforex served me well for many years, no issues. I changed broker to XM so I could trade in my local currency. I guess one must just do your homework before choosing a broker.

Yeah forgot about Instaforex. Terrible broker - execution, support, withdrawing...

togr posted:

xgavinc posted:

togr posted:

xgavinc posted:

mlawson71 posted:
Why am I not surprised that the only brokers who don't want to take any measures to protect their clients during the referendum are the ones regulated by CuSEC (https://smnweekly.com/2016/06/21/exness-easymarkets-go-trend-keep-margin-requirements-unchanged-brexit/)? And all with the promises that volatility during Brexit will give people the opportunity to make more money.

One could assume that 'guaranteed stop losses' does provide lucrative profits and protection. They also may be the only brokers who believe that the steps they have taken since CHF are adequate to cover major losses overall, time will tell.

As I stated previously, they have to consider both sides of the coin, the traders who are confident they can make a profit will not want any alteration to their margin or leverage, if they consulted their largest clients individually they may have found overwhelming feedback to keep everything unchanged, but to provide guaranteed stops as the alternative to protecting clients.

Guys never ever trust Russian broker, like Exness like RVD Markets, like Alpari, Like XE Markets

Instaforex served me well for many years, no issues. I changed broker to XM so I could trade in my local currency. I guess one must just do your homework before choosing a broker.

Yeah forgot about Instaforex. Terrible broker - execution, support, withdrawing...

Strange, I never had a problem with them. Always got my money, online chat support was excellent... I did have a problem with instant execution, I prefer market execution.

Do you guys think it will be wise to leave a short eur/nzd trade with 400+ pips locked in through this or rather close it?

The general information I am getting is that the euro will remain bearish no matter the outcome, what do you think? I don't really want to close this position, but I will rather be safe than sorry..

I understand that there is a great chance that there will be no liquidity and stops won't be honored, but I am willing to leave 400 pips on the table if it can be made to 800 or more and will be in front of my terminal to intervene if at all possible when the referendum takes place in a few hours or so..

Your thoughts?

I would go safe and close it. If brexit don't happen, and that is the likely outcome, EUR will spike. We will likely experience at least a short term GBP and EUR rally. This could be a good place for a re-entry.

wiseinvest posted:
Do you guys think it will be wise to leave a short eur/nzd trade with 400+ pips locked in through this or rather close it?

The general information I am getting is that the euro will remain bearish no matter the outcome, what do you think? I don't really want to close this position, but I will rather be safe than sorry..

I understand that there is a great chance that there will be no liquidity and stops won't be honored, but I am willing to leave 400 pips on the table if it can be made to 800 or more and will be in front of my terminal to intervene if at all possible when the referendum takes place in a few hours or so..

Your thoughts?

Depends a lot on what those pips mean to your account, if it's a 5-10% move in the wrong direction, will that ruin the account?

togr posted:

rob559 posted:
brexit will be good,EU is a scam from the world globalists,only some took advantage of it ,the whole europe on the bring of bankcrupties

That's like saying USA is scam and bankrupt :)

yes because of nafta,the worse thing never hapenned to usa

Magiic posted:

wiseinvest posted:
Do you guys think it will be wise to leave a short eur/nzd trade with 400+ pips locked in through this or rather close it?

The general information I am getting is that the euro will remain bearish no matter the outcome, what do you think? I don't really want to close this position, but I will rather be safe than sorry..

I understand that there is a great chance that there will be no liquidity and stops won't be honored, but I am willing to leave 400 pips on the table if it can be made to 800 or more and will be in front of my terminal to intervene if at all possible when the referendum takes place in a few hours or so..

Your thoughts?

Depends a lot on what those pips mean to your account, if it's a 5-10% move in the wrong direction, will that ruin the account?

I am obviously not considering doing this with the 'safe 5-10% a month' I am offering. I don't even have such a position open there, and I had no trading activity there this week.
Sound advice @stian , Rather safe than sorry.