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togr (togr)
Jun 10 2016 at 18:36
4862 posts
xgavinc posted:
As I thought, they don't seem to be worried about the EUR pairs... anyone think EUR may be volatile?

I believe it will have impact on EUR as well.

mlawson71
Jun 14 2016 at 08:32
1487 posts
It will have impact on all EUR and GBP pairs, in my opinion. As you can see here (https://smnweekly.com/tag/brexit/), most self-respecting brokers have hiked their margin requirements for these pair and the closer we get to the referendum, more and more of them do the same. I would avoid these pairs in the next ten days.

xgavinc
Jun 14 2016 at 10:17
235 posts
XM will inform clients in due time via mass email what their protocol will be (re margin / leverage). I set my EA's to halt opening new trades on EUR and GBP for the remainder of this month. Just wondering if other pairs may be dragged into the soup, like CHF (not EU or EEA member but is part of the single market - EFTA) and RUB (not that I trade RUB though).

For every loss there should be at least an equal and opposite profit.
togr (togr)
Jun 14 2016 at 10:39
4862 posts
lets say EUR drops a lot so based on eurusd USD will gather strength so USDCHF will go up. Does it make sense?

xgavinc
Jun 14 2016 at 10:52
235 posts
Unless the sentiment on the outcome is positive and EUR rises... and would the outcome, regardless, be favorable to Swiss arrangements?, in which case USD could do the inverse and CHF gains strength, or the pair doesn't budge. Ahh, the joys of Forex! X-)

I don't think the moves on other pairs would be as pronounced, but they are likely to move, which is what we traders want... direction is the tough one though.

For every loss there should be at least an equal and opposite profit.
xgavinc
Jun 14 2016 at 10:59
235 posts
I wont be looking for quick gains either way, I'll stick to my trading plan and see what develops. I'm trading daily charts so it's not like I need any specific scalping decision.

For every loss there should be at least an equal and opposite profit.
togr (togr)
Jun 15 2016 at 08:18
4862 posts
xgavinc
Jun 15 2016 at 08:57
235 posts
togr posted:
It seems Brexit wont happen:)
https://www.bloomberg.com/graphics/2016-brexit-watch/


Still a close call. History has proven polls to be unreliable, anything can still happen as the number of people who have not taken part in the poll far exceed those who have, and some who want to keep their vote secret will instinctively choose the opposite side when taking part in a poll. I am however confident that a Bremain is more likely if voters actually understand the pro's vs con's and were adequately informed with facts and not propaganda.

For every loss there should be at least an equal and opposite profit.
togr (togr)
Jun 15 2016 at 15:32
4862 posts
xgavinc posted:
togr posted:
It seems Brexit wont happen:)
https://www.bloomberg.com/graphics/2016-brexit-watch/


Still a close call. History has proven polls to be unreliable, anything can still happen as the number of people who have not taken part in the poll far exceed those who have, and some who want to keep their vote secret will instinctively choose the opposite side when taking part in a poll. I am however confident that a Bremain is more likely if voters actually understand the pro's vs con's and were adequately informed with facts and not propaganda.

It could. But all brokers is sending emails about Brexit. Not referendum. It is like they had already left EU.

maximuss
Jun 16 2016 at 07:42
10 posts
Good oportunity for win money, isen´t it?

or, there where lots of bankrupts like Alpari, etc... with the CHF movement?

Im going to take Pop Corn and see :)

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