Brexit

May 19, 2016 at 06:54
5,241 Angesehen
189 Replies
Mitglied seit Dec 04, 2010   1557 Posts
Jun 24, 2016 at 06:34
what a day, love Brexit! biggest gains every made in 1 day that's for sure.
Mitglied seit Feb 22, 2011   4862 Posts
Jun 24, 2016 at 06:49
xgavinc posted:
So despite receiving a response from XM.com in a query of margin / leverage changes:

'We thank you for choosing XM as your trusted broker.
Regarding your concern I would like to kindly inform you that kinldy we will notify all our client via email regarding this issue.'

No email was ever received, and margin requirements were changed on 'unknown' pairs (my margin requirement has doubled overall) 10 hours ago. Fortunately I had the foresight to alter my EA last week for any eventuality.

XM has lost a point in my good books for not informing it's clients on it's intent to alter margins, even confirming via support channels that they would... and didn't... Keeping my eye on you XM!, strike 1.

Its Russian broker. See my post above:)
Mitglied seit Feb 22, 2011   4862 Posts
Jun 24, 2016 at 06:49
Anyway it seems GB left EU.
You see what EUR is doing?
Mitglied seit Jul 08, 2014   435 Posts
Jun 24, 2016 at 06:51
togr posted:
Anyway it seems GB left EU.
You see what EUR is doing?

It's settled down now, but I think it will continue down, I have stops at breakeven. Where do you think it's headed?
Keep at it
Mitglied seit Jan 14, 2014   386 Posts
Jun 24, 2016 at 07:11
Wait for a pull back than jump in short GBP!
Mitglied seit Feb 22, 2011   4862 Posts
Jun 24, 2016 at 07:13
Magiic posted:
togr posted:
Anyway it seems GB left EU.
You see what EUR is doing?

It's settled down now, but I think it will continue down, I have stops at breakeven. Where do you think it's headed?

Well it drop 5000 pips from 114000 to 109000. Now it struggles above 110000 I believe it will touch 110000 and struggle around this level
Mitglied seit Jul 08, 2014   435 Posts
Jun 24, 2016 at 07:21
togr posted:
Magiic posted:
togr posted:
Anyway it seems GB left EU.
You see what EUR is doing?

It's settled down now, but I think it will continue down, I have stops at breakeven. Where do you think it's headed?

Well it drop 5000 pips from 114000 to 109000. Now it struggles above 110000 I believe it will touch 110000 and struggle around this level

I see 1.05 being tested, the contagion is real, other countries will want out even more than they did. Of course the EU will come out and say as much as they can to stop this, but it's not looking good for the EU in my view.
Keep at it
altescgroupinc
forex_trader_273440
Mitglied seit Sep 08, 2015   39 Posts
Jun 24, 2016 at 11:28
great..hope you got a good trade today:)
Mitglied seit May 11, 2011   235 Posts
Jun 24, 2016 at 11:42
togr posted:
xgavinc posted:
So despite receiving a response from XM.com in a query of margin / leverage changes:

'We thank you for choosing XM as your trusted broker.
Regarding your concern I would like to kindly inform you that kinldy we will notify all our client via email regarding this issue.'

No email was ever received, and margin requirements were changed on 'unknown' pairs (my margin requirement has doubled overall) 10 hours ago. Fortunately I had the foresight to alter my EA last week for any eventuality.

XM has lost a point in my good books for not informing it's clients on it's intent to alter margins, even confirming via support channels that they would... and didn't... Keeping my eye on you XM!, strike 1.

Its Russian broker. See my post above:)

They have major offices in Cyprus, Australia, Hungary and Greece. XM.COM is a trading name of Trading Point Holdings Ltd, which wholly owns Trading Point of Financial Instruments Ltd (Cyprus - Head Office) and Trading Point of Financial Instruments Pty Ltd (Australia). founded by Costas Cleanthous (A Greek if I'm not mistaken) with partners worldwide... literally almost every major city in the world has an XM partner office. There is no reference anywhere that I can find with Russian links to TPFS or XM.
For every loss there should be at least an equal and opposite profit.
Mitglied seit May 11, 2011   235 Posts
Jun 24, 2016 at 11:42
How is everyone doing so far? Heads still above water? I have almost doubled my account, some pairs have closed out profits (no open trades), 6 pairs still active and looking healthy... ooh... make that 7 pairs now :-D
For every loss there should be at least an equal and opposite profit.
Mitglied seit Jul 08, 2014   435 Posts
Jun 24, 2016 at 11:44
xgavinc posted:
How is everyone doing so far? Heads still above water? I have almost doubled my account, some pairs have closed out profits (no open trades), 6 pairs still active and looking healthy... ooh... make that 7 pairs now :-D


Well done, reasonable gains here too, enjoy the volatility while it lasts, :D
Keep at it
Mitglied seit May 11, 2011   235 Posts
Jun 24, 2016 at 11:46
stian posted:
Wow, brexit is winning.

Yeah, that was unexpected and surprising. Let's see how long it takes to realize the problems stem from politicians and not the EU, here is an example:

Nigel Farage on Brexit vote result: We won it “without a single bullet being fired.” <-- Nigel, you're an a$$hole!. Good luck UK if these are the politicians you desire :-o
For every loss there should be at least an equal and opposite profit.
Mitglied seit Jan 14, 2014   386 Posts
Jun 24, 2016 at 11:59 (bearbeitet Jun 24, 2016 at 12:03)
ProTradersGroup posted:
Wait for a pull back than jump in short GBP!


Adding trade




Anhänge:

Mitglied seit May 11, 2011   235 Posts
Jun 24, 2016 at 12:26 (bearbeitet Jun 24, 2016 at 12:45)
Magiic posted:
xgavinc posted:
How is everyone doing so far? Heads still above water? I have almost doubled my account, some pairs have closed out profits (no open trades), 6 pairs still active and looking healthy... ooh... make that 7 pairs now :-D


Well done, reasonable gains here too, enjoy the volatility while it lasts, :D

Up just over 35% from yesterday so far :-)

Clarity on previous post: almost doubled for the week, 35% in overnight trades.
For every loss there should be at least an equal and opposite profit.
Mitglied seit May 11, 2011   235 Posts
Jun 24, 2016 at 12:26
ProTradersGroup posted:
ProTradersGroup posted:
Wait for a pull back than jump in short GBP!


Adding trade


Not one of my pairs, am short atm on GBP/USD though.
For every loss there should be at least an equal and opposite profit.
Mitglied seit Jan 14, 2014   386 Posts
Jun 24, 2016 at 13:26
xgavinc posted:
ProTradersGroup posted:
ProTradersGroup posted:
Wait for a pull back than jump in short GBP!


Adding trade


Not one of my pairs, am short atm on GBP/USD though.

You can sell all GBPXXX pairs.

GL.
rob559
forex_trader_29148
Mitglied seit Feb 11, 2011   1916 Posts
Jun 24, 2016 at 15:20
my floating 7% dd closed in profit,good day for england
rob559
forex_trader_29148
Mitglied seit Feb 11, 2011   1916 Posts
Jun 24, 2016 at 16:07
rob559 posted:
my floating 7% dd closed in profit,good day for england
Mitglied seit Dec 11, 2015   1487 Posts
Jun 25, 2016 at 10:28
Some brokers at least are happy with what happened (https://smnweekly.com/2016/06/24/saxo-bank-brexit-best-day-markets-20-years/) because of all the volatility caused on a previously dead market. I don't know, I think it would've been better if we could that particular kind of volatility.
rob559
forex_trader_29148
Mitglied seit Feb 11, 2011   1916 Posts
Jun 25, 2016 at 15:47
is the leverage back to normal on your side guys?
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