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Plofkip replied Mar 20, 2013I'm sure this isn't the place to discuss it, but I just watched the FXCM training video on Fibonacci retracement (Lesson 2 on support and resistance) and the funky name isn't even half the story. This is Dan-Brown-meets-Nostradamus for currency ...
FXCM Discussion
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Plofkip replied Mar 20, 2013OK, credit where credit's due: I have recently opened an account with FXCM and I have to say that the training videos are fantastic. I am still of the view that technical trading is for people much smarter than me (as well as for people much ...
FXCM Discussion
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Plofkip commented Mar 19, 2013The original CNBC articles reads: LOL, where does he think all that money came from?
How Russia Could Take Revenge Over Cyprus Deal
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Plofkip replied Mar 19, 2013My long @1,23 from six weeks ago is looking pretty sick at the moment! But I'm in that for the long haul. It's a position small enough in relation to my equity to withstand anything down to (and just below) 1,20 so I'm not sweating yet. In the ...
EUR/CHF
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Plofkip commented Mar 18, 2013Switzerland and Cyprus are both suffering the negative effects of an overdeveloped off-shore banking industry (having long enjoyed the positive effects). Taxing a %age of all deposits (Cyprus) or applying negative interest rates on deposits ...
SNB will not exclude negative interest rates according to SNB's Moser
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Plofkip replied Mar 17, 2013I am sure this isn't the only (or the whole) truth, but it has been my experience as well.
EUR/CHF
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Plofkip replied Mar 15, 2013Jason Thanks for the clarification. I felt sure that there must be some good explanation. :-) PK
FXCM Discussion
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Plofkip replied Mar 15, 2013Jason. Your reply here is interesting. Should we conclude that it is not permitted to make a profit trading with FXCM, or just that this happens so rarely that it wouldn't occur to you that a customer might need to withdraw more funds than they had ...
FXCM Discussion
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Plofkip commented Mar 14, 2013Hell. I had no idea gold and silver were priced in this way. Of course it's open to manipulation and of course, therefore, it has been manipulated. Amazing that it takes +/- one century for the new world to catch the old world out at this. Maybe I ...
Could gold be the next Libor scandal?
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Plofkip commented Mar 14, 2013"The minimum exchange rate is an important instrument in avoiding an undesirable tightening of monetary conditions." That's my favorite bit. It's what the BoJ refers to as "exchange rate diplomacy". Central bank manipulates the exchange rate and ...
Swiss National Bank Monetary policy assessment
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Plofkip replied Mar 14, 2013Sideways? Are you sure you're holding your phone the right way up? ;-) PK
EUR/CHF
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Plofkip replied Mar 13, 2013It's written about in their discussion forums. Here: url PK
OANDA Discussion
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Plofkip replied Mar 11, 2013Thanks again J. Super-interesting. I wasn't familiar with the term "des-balance", but I understand from the rest of your illustration what you are referring to. I now have one further question based on that illustration. I understand what the broker ...
Speed of fulfilment on demo accounts from NDD brokers
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Plofkip replied Mar 11, 2013Thx J. That is very very helpful. This question really goes to the heart of why I am looking for alternatives, the background to my original question. And I guess the answer has two parts: My broker has good execution at the moment, but that might ...
Speed of fulfilment on demo accounts from NDD brokers
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Plofkip replied Mar 11, 2013m.m.m. I think you misunderstood my reference to "a non-dealing desk (NDD) broker". I didn't have a particular broker in mind. I was asking a question about demo accounts with NDD brokers in general. But your more general point is well taken: I can ...
Speed of fulfilment on demo accounts from NDD brokers
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Plofkip replied Mar 9, 2013Thx J What do you mean when you say that "most NDD brokers are market makers"? Are you referring to the distinction between genuine straight through processing (STP) and NDD brokers who also (on their backend) allow client orders to interact with ...
Speed of fulfilment on demo accounts from NDD brokers
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Speed of fulfilment on demo accounts from NDD brokers
Started Mar 9, 2013|Broker Discussion|10 replies
I am planning to open a demo account with a non-dealing desk (NDD) broker. So far I have only ...
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Plofkip replied Mar 8, 2013image Encouragement for fellow EuroChofs. Entered long at A, exited at B, doubled my capital (even allowing for the interest paid) and took that original capital out. Playing now only with the realised gain, re-entered at C. Nobody knows where ...
EUR/CHF