Brexit

what a day, love Brexit! biggest gains every made in 1 day that's for sure.

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:)

Anyway it seems GB left EU.
You see what EUR is doing?

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?

Wait for a pull back than jump in short GBP!

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

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.

great..hope you got a good trade today:)

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.

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

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

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

ProTradersGroup posted:
Wait for a pull back than jump in short GBP!

Adding trade

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.

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.

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.

my floating 7% dd closed in profit,good day for england

rob559 posted:
my floating 7% dd closed in profit,good day for england

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.