I'm sure he is awake...but what can he say, really
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Originally posted by jprize View PostI'm sure he is awake...but what can he say, really
What I prefer, is his opinion and confirmation: does he hold the open positions by choice, or simply because he isn't aware of the crash?
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Originally posted by emmanuel137 View PostJust been on to fxcm. They say moves were legitimate so trades stand. I am truly shafted. Cannot see how it is ever going to be possible to make any money from forex. Every provider makes money until they don't and these kind of moves will happen over and over - they are completely unpredictable. I had gone down to just ST and SS on reduced risk after catastrophic losses last year, but now this shows that nowhere is safe. Unless FXCM have a change of heart I can't see how this is anything other than the end of the road for me. If anyone else is with FXCM and has any success please do let me know!
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Originally posted by jprize View PostVjay actually took a GBPCHF long in smartscalper about an hour ago, so I expect he is awake... Again, I didn't say anything is his fault, but I can't believe he is sleeping through this.
He only takes over if things go pear-shaped, such as now. But in saying that of course he will check his systems whenever he can, except when he's sleeping...
He is sleeping through this (possibility) because I believe the news event was unscheduled.
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John Webb marketnews.com
22:14:12
EBS SAYS MARKET LOW FOR EURO/SWISS FRANC ON ITS PLATFORM IS 0.8500 FRANCS PER EURO EURCHF=EBS, CONFIRMS MISS-HIT AT 0.0015 EURCHF=EBS - RTRS
22:14:54
SNB CHAIRMAN JORDAN SAYS INFLATION OUTLOOK FOR SWITZERLAND IS LOW
15-Jan-2015 12:11 - SNB CHAIRMAN JORDAN SAYS IF NECESSARY SNB WILL REMAIN ACTIVE IN FX EXCHANGE MARKET TO INFLUENCE MONETARY CONDITIONS
15-Jan-2015 12:13 - SNB CHAIRMAN JORDAN SAYS LOWERING INTEREST RATES WILL MITIGATE EFFECTS OF DECISION TO END CAP ON FRANC"You have to learn the rules of the game, and then you have to play better than anyone else."
Albert Einstein
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Guys if this is a genuine repricing of the CHF currency under what circumstances can we expect our brokers to reimburse or compensate us? I also lost a lot on this but we need to know did Vijay try to close manually but could not, or his Stop Loss wasn't honoured etc? I believe this may have been the case for Trade Alerter and Killanmajaro. But not sure for Smart Trader. If we were just on the wrong side of a market correction can we really expect much in terms of compensation from our brokers?
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I'm out, closed all manually, the news conference doesn't seem to provide any traction one way or another. One thing I learned in this game: staying 'alive' for the longer run is of paramount importance. I'm down 7% for the year, but I'll live to fight another day (if I am not spooked enough to quit altogether).
Good luck guys, may xxxCHF shoot to the sky tomorrow!
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Originally posted by TradeAlerter View PostJohn Webb marketnews.com
22:14:12
EBS SAYS MARKET LOW FOR EURO/SWISS FRANC ON ITS PLATFORM IS 0.8500 FRANCS PER EURO EURCHF=EBS, CONFIRMS MISS-HIT AT 0.0015 EURCHF=EBS - RTRS
22:14:54
SNB CHAIRMAN JORDAN SAYS INFLATION OUTLOOK FOR SWITZERLAND IS LOW
15-Jan-2015 12:11 - SNB CHAIRMAN JORDAN SAYS IF NECESSARY SNB WILL REMAIN ACTIVE IN FX EXCHANGE MARKET TO INFLUENCE MONETARY CONDITIONS
15-Jan-2015 12:13 - SNB CHAIRMAN JORDAN SAYS LOWERING INTEREST RATES WILL MITIGATE EFFECTS OF DECISION TO END CAP ON FRANC
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Vijay,
do you have some comments on the current situation? Do you try to dig out from this situation? As I see the master account is up and running regarding the CHF crosses but the Alpari (I do not know about the others). Currently (regarding HotForex) the price is much better then the frozen ones on the Alpari. Maybe there would be a bigger correction after this disaster? I do not know when will be available the CHF pairs on Alpari but I do not think that pulling out the plug would be the best scenario. So, I'm with you Vijay. I'm still following you.
Considering to put a hardSL by simpletrader.
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Originally posted by TradeAlerter View PostJohn Webb marketnews.com
22:14:12
EBS SAYS MARKET LOW FOR EURO/SWISS FRANC ON ITS PLATFORM IS 0.8500 FRANCS PER EURO EURCHF=EBS, CONFIRMS MISS-HIT AT 0.0015 EURCHF=EBS - RTRS
22:14:54
SNB CHAIRMAN JORDAN SAYS INFLATION OUTLOOK FOR SWITZERLAND IS LOW
15-Jan-2015 12:11 - SNB CHAIRMAN JORDAN SAYS IF NECESSARY SNB WILL REMAIN ACTIVE IN FX EXCHANGE MARKET TO INFLUENCE MONETARY CONDITIONS
15-Jan-2015 12:13 - SNB CHAIRMAN JORDAN SAYS LOWERING INTEREST RATES WILL MITIGATE EFFECTS OF DECISION TO END CAP ON FRANC
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