Viewing 15 posts - 226 through 240 (of 480 total)
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  • #11072
    cimac
    Participant

      Foreign exchange spread betting firm Alpari has ceased trading
      because of the Swiss National Bank’s move on Thursday to remove
      its currency peg to the euro and the ensuing volatility of the
      Swiss Franc, the BBC has learned. Traders at the firm were told
      this morning there is no money to meet their liabilities.

      Never give up, never surrender.

      #11073
      MAURITIUS
      Participant

        A New Zealand broker closed it’s doors too.

        I am amazed they run on such tight margins….

        #11082
        cimac
        Participant

          I guess we should know the full washout come monday as
          losses would affect the funds FX platforms have to
          maintain, set by the regulator of such companies.

          A change to FX spreads and margins may be needed.

          We are in a risky business, ever more so atm.

          Never give up, never surrender.

          #11084
          cimac
          Participant

            A Ftse early drop then rally into the close is what seems
            most likely to me

            Good old reliable Ftse, in uncertain times 😉

            Never give up, never surrender.

            #11086
            MAURITIUS
            Participant

              I can’t wait for the day that gold breaks it’s ties with paper contracts and is physical trade only.  🙂

              a lot of naked people in that gold market!!

              #11087
              MAURITIUS
              Participant

                Dax baby at 10200…. Tempting….

                #11088
                Papillon
                Participant

                  Dax baby at 10200…. Tempting….

                  Careful Dan, up days on Fridays often equate to up on the following Monday.

                  #11089
                  MAURITIUS
                  Participant

                    I am flat for once and was long overnight! 😮

                    #11090
                    cimac
                    Participant

                      I did wonder if the Dax had gone too far.

                      Bearing in mind we don’t know what the EcB will announce.
                      A weekend when further Swiss Franc fallout could come to light.
                      Ongoing terrorist activity in europe.

                      I will just take a small Ftse short as insurance.

                      Never give up, never surrender.

                      #11095
                      cimac
                      Participant

                        Decided it was best to stay flat and see if there is any more
                        problems with FX trading outfits announced before monday.

                        Best to have no open trades if your SB goes tits, imho.

                        Never give up, never surrender.

                        #11096
                        arkangel
                        Participant

                          I’ve juts arrived overseas for a few beers and had a look at the charts, what is this silly yellow metal doing ! Market up, gold up ?.?. Come on drop 100USD being propped up IMHO 😉 just for you dan …. Off for beer, that wedding gold season – they must be wearing some massive earings !

                          #11098
                          MAURITIUS
                          Participant

                            and hope they have your funds segregated :p

                            Ark…. Gold’s off to the moon dude! She gonna blow!! 😮 Where have you gone to?

                            #11103
                            MAURITIUS
                            Participant

                              If they QE the markets then I think gold and silver will benefit…..

                              #11108
                              MAURITIUS
                              Participant

                                Another 40 handles range….

                                #11126
                                cimac
                                Participant

                                  This coming week with the known event EcB meeting on
                                  thursday (plus press conference) we may get a divide
                                  between euroland and the rest of the world.

                                  Dax and Ftse rallied on friday so it would not be a
                                  surprise if prices retraced a bit and then rallied
                                  again into the news.

                                  Never give up, never surrender.

                                Viewing 15 posts - 226 through 240 (of 480 total)
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