Very surprised to hear about this saga..... I communicated with Jacko a couple of years ago regarding fundie-related stuff. He seemed a decent enough guy and not once did he try to sell me his services. Feel bad for those who handed over $100k.... ...

Cable Update (GBPUSD)

In theory, they could electronically create unlimited amounts of yen and dump this new money on the foreign exchange markets, as they purchase overseas currencies. In reality, of course, this sort of unilateral action would be a politically ...

USD/JPY Discussion

That is a dynamic one should consider over the long term. As a stronger yen equates to less exports, meaning weaker GDP, lower current account surplus (or an eventual deficit?), less tax revenues, higher long term borrowing costs, greater debt ...

USD/JPY Discussion

I've traded spot/forward and options with these guys. As I've said previously, no problems at all, aside from some minor slippage.

EURUSD

Exactly.... Moreover, this type of rollover can be avoided by the longer term trader taking forward positions with the spread-betting house, as the P&L from these trades are realised when the deal is closed out by the trader or maturity date of ...

EURUSD

Who on earth uses a credit card to deposit trading funds???? Instead, transfer via a debit card, which is free in the UK. Or, from a UK account, use a BACs transfer, which is also free.

EURUSD

How is it close to illegal? This is within their terms and conditions and something I don't see a problem with. The difference is they (UK spread betting houses) force clients to realise their daily gains/losses, through closing and opening position ...

EURUSD

They (IG Markets) are definitely not a big scam. That is an absurd thing to say. You most probably lost 75% of your capital due to your own stupid trading decisions. You need to take responsibility and not be so quick to blame others. The post you ...

EURUSD

Agree 100%

Cable Update (GBPUSD)

Actually, it does have a bearing on institutional FX. An example being that all derivative contracts linked to FX use the 1700 EST as the point when a trading day or week closes. Therefore, all observations periods relating to barrier options, say, ...

Cable Update (GBPUSD)

It is indeed a lottery.... To follow on from a point you made within that post, it has been interesting to see risk assets (namely commodities and equities) remaining bid of late in the face of deteriorating economic data from the US, with the ...

Cable Update (GBPUSD)

Cheers Navin. Good to see you, too. Only trading EURJPY this week, without any real success - having barely even made any coffee money so far! However, I do stop by this thread, due to the presence of yourself, Azim, Chris, GM, BB and some other ...

Cable Update (GBPUSD)

Of course people care and wonder why such a violent swing occurred.... It triggers a natural human curiosity, if nothing else. Others also know with volatility comes opportunity.

Cable Update (GBPUSD)

Forget it..... Brokers haven't the fire power to move the market in such a fashion. Nor would they place their balance sheets at risk on such a move, at a time when London has joined the show. Furthermore, set against the size of the market, nobody ...

Cable Update (GBPUSD)

But you said a little while ago that you'd been trading for seven years now???

Cable Update (GBPUSD)

Thanks for the congrats, Chris. Your plan to obtain your CDL and build your capital base sounds like an excellent one. As always, I wish you the best.

Cable Update (GBPUSD)

I shall check it out without delay!

Cable Update (GBPUSD)

Hello Chris, my good friend.... Same here. I've moved into a lower gear in trading, since it's the summer months, and had no idea things had moved on so quickly. I am doing well, thanks, albeit very busy getting things ready at home for a new ...

Cable Update (GBPUSD)

Please. And also your bank account numbers, ATM PIN numbers, home address and other passwords.

Cable Update (GBPUSD)

The more I come on Forex Factory the more I realise how little I know about the markets and trading..... Thank you, Goldenpips, for taking the time to pop by and enlighten us of the paradigm shift in currency trading.

Cable Update (GBPUSD)