I have to say I'm extremely sorry for anyone who got shafted in this shit storm, but some good will come of this.For a start the CHF will now become tradeable (hopefully followed soon by JPY( watch that one folks, thats soon to do the same thing ...

EUR/CHF

Good topic.No matter how many trades I have open ,I simply never go below 50% of my balance (not NAV) in available margin.This may be necessitated by either closing off open(hopefully green!) trades or simply depositing funds. Also if I start off a ...

Bad time to really dig into money management?

Before the floor I used to enjoy trading this pair.A dream pairing if you think about it. When the cap was introduced I took it off my charts.Think I might get interested again now.I opened a small long late Thursday but only because I expect it ...

EUR/CHF

Am I alone in thinking this may be the mother of all stop-hunts in the long term up move?

EUR/CHF

You're absolutely correct.However ,a lot of brokers are now starting to remove credit cards and paypal etc as modes of deposit meaning you would have to wait many hours if not days to save a trade.

Trading Without a StopLoss

As always. Excellent

Trading Without a StopLoss

I think S/L is neither. It is purely absolving the user of his MM. In fact I would go as far as to say that most traders derelictions in regard to their accounts could quite possibly be due to their absolute trust in the placing of a S/L. After all ...

Trading Without a StopLoss

True.To an extent.You are responsible for your own risk but however responsible some traders were, yesterday took them out of the game. The brokers have to shoulder some blame for their marketing ploys to the unaware.

EUR/CHF

I live in the South of France.Wine is peanuts here!

Is this the start of the end for high leverage?

About 30 mins ago I opened long trades on GBP/CHF and EUR/CHF. The first time I've touched the CHF in a while, but how much of a bargain is it.Just keepng it ultra-low leverage for now

Is this the start of the end for high leverage?

Excellent

Is this the start of the end for high leverage?

Stop-loss matters not a jot when price moves that fast.If your order can't be filled,it can't be filled.Full stop.

Is this the start of the end for high leverage?

Wouldn't really bother me if leverage fell to 1:10. I personally have steered clear of CHF and JPY in recent years precisely because of this type of manipulation.As for the haters, something tells me they got their butts whipped.

Is this the start of the end for high leverage?

"To put it simply, the reward was never worth the risk and this is why I stopped trading CHF." Well said

EUR/CHF

I'm truly amazed how the big boys get away with this again and again and again ...... Do you really need to be a rocket scientist to know which direction this pair is going in the near future?

EURUSD

Thats my point ..

FXCM Discussion

The longer things stay the same, the more they need to change....

EUR/CHF

Wouldn't be surprised if this was the biggest shake-out of all time and we're back at 1.20 before you open your easter egg

EUR/CHF

It's looking like Jefferies will save FXCM. Is this,however, good news for clients who hold negative balances?

FXCM Discussion