- Search Crypto Craft
- Mevo replied Sep 8, 2014
I don't exacty understand what you mean. The alternative to leave money at the bank ? CHF in our case ? Convert it to another currency which does not have the negative interest rate (even at your swiss bank), buy precious metal or another store of ...
EUR/CHF
- Mevo replied Sep 8, 2014
This way, Ok. You could bet on pillow producers for individuals, not companies. But you should probably more bet on safe deposits installation/maintenance companies and especially paper producers and the companies related to printing for the SNB. ...
EUR/CHF
- Mevo replied Sep 8, 2014
They have to when they are defending the E/C floor. The SNB does NOT "push" the price, and never did that in the past to defend the FLOOR. They just post massive limit BUY orders at 1.20 on major markets like the futures market and EBS. If you look ...
EUR/CHF
- Mevo replied Sep 7, 2014
It is exactly that: When you built a too large position on a pair, they reduce the swap or even turn it negative.There are times where a change in swap can be justified, and times it's absolutely not. i had selected Pepperstone as it had a good ...
Pepperstone Forex
- Mevo replied Sep 7, 2014
I think a lot of the so-called "smart money" exchanged EUROs (and other currencies) for CHFs. They didn't just open a short trade.The difference is that it's not a position they are going to unwind like speculators. Speculators, like ourselves close ...
EUR/CHF
- Mevo replied Sep 6, 2014
@Paracelsus: There is limitations on where you can put limit orders on their ECN "razor" account too ? That would be crazy ! I have a standard account, and have the limitations, but I was expecting there wasn't any on the ECN account. Good luck, but ...
Pepperstone Forex
- Mevo replied Sep 6, 2014
That kind of thing IS disgusting. Now it has to be noted that 1 USD = more than 7 SEK, so it is approx a 35 pips spike in USD terms (the higher the value of the pair, the more pips any movement makes) which is still huge, especially on a 6 LOTS ...
Pepperstone Forex
- Mevo replied Sep 5, 2014
Of course ! They're not as clever as KADC, he is And he has Please show him all the respect he (thinks he) deserves. EDIT: And he will answer your post with something having absolutely no relation, Shrike. Ok, now is really time for me to stop. I ...
Interactive Brokers - experiences and opinions
- Mevo replied Sep 5, 2014
What the f*** are you talking about ? I'm misunderstanding by thinking you're right ? And I am embarrassing myself by admitting you could be right ? EDIT: This may be the cleverest thing you ever wrote.
Interactive Brokers - experiences and opinions
- Mevo replied Sep 5, 2014
KADC: You're 100% right. End of discussion. I totally agree with all you said. I will close my IB account next week. Thank you for showing me how this broker was doing bad accounting and ripping me off and once you know this, only really stupid ...
Interactive Brokers - experiences and opinions
- Mevo replied Sep 5, 2014
Please. If you read a little what I wrote, you would know I'm long more than 20 lots, and like many, I'm getting hurt. As I said, now I'm in with a floating loss, I stay in, but I regret this position, especially since I got out of E/C earlier. I ...
EUR/CHF
- Mevo replied Sep 5, 2014
It's now 2 years we hear this story... Why would they raise it to 1.25 ? To allow you to get out of your positions in profit ? And why not rather lower it to 1.15 to crush everybody ? "To a question on whether the SNB might shift the cap on the ...
EUR/CHF
- Mevo replied Sep 5, 2014
I totally agree. It would with a nice positive swap, which was the case at the very beginning of the 1.20 PEG, but now this position will cost you money and nothing tells it may go up.
EUR/CHF
- Mevo replied Sep 5, 2014
I shouldn't do this, but I'm going to do it anyway... No, they're not. How many times did I told you to check the statement of funds optional section ? Read again past messages. I told you to post the statements to show your claims, you didn't. For ...
Interactive Brokers - experiences and opinions
- Mevo replied Sep 5, 2014
Actalis, I'm in the same situation as you and I have to admit it is damn complicated, especially in the beginning. For interest, they charge you if any one of your "account" is in debit meaning that you can have a lot of cash in the "US" part of ...
Interactive Brokers - experiences and opinions
- Mevo replied Sep 4, 2014
You can place your order where you want, there is no limitations on limit orders with Oanda. But, Oanda is a market maker, so your order won't reduce the spread and you will only get filled when your order will be "marketable" according to Oanda's ...
OANDA Discussion
- Mevo replied Sep 4, 2014
I think they will enforce the PEG, and E/C will again stay at 1.20 for a long period. They wil try to talk down CHF, which will not work. After all, the more they create CHF to buy EUROS, the richer they get (with EURO debt, which may not be that ...
EUR/CHF
- Mevo replied Sep 4, 2014
Yes and no. Maybe they want foreigners to take their money out of Switrezland. But with negative interest rates, people/companies from Switzerland itself would take their money out too. They don't care of the exchange rate. Miss and Mr "everybody" ...
EUR/CHF
- Mevo replied Sep 4, 2014
Reduce, reduce... They are already at ZERO. 3 months CHF LIBOR is a 0.02%, overnight LIBOR is already negative. They are reluctant from setting negative interest rates. People would take back their money from banks, that would hit the banking ...
EUR/CHF
- Mevo replied Sep 4, 2014
"Exchange" is a very generic term. You are talking of futures contracts traded on GLOBEX/CME. But if you go on any other exchange (although you can argue that it isn't "regulated" exchanges, that's right) like EBS, FxAll and others, quantities are ...
EUR/CHF