EURUSD - Trends, Forecasts and Implications (Part 3) - page 81

 
MrCoffee:

Read here.... I think it's partly true...

It is probably possible to make a stable income from foreign exchange. But you have to provide services in the Forex market to do so. Otherwise you are playing against the theory of probability. Forex market participants themselves reveal sad statistics. At the end of the year only 1 out of 10 players are in the "plus".
I am surprised only when someone has a more or less workable TS - as he begins to rant about it in all forums (and video stories) and of course it stops working ... (without earning it, they want fame right away!)
 
Noterday:
Do you trade in acmos? =)
no
 
Tantrik:
I am surprised by another thing: as soon as someone gets a more or less workable TS, he starts ranting about it in all forums (and video stories) and of course it stops working... (not having earned immediate fame!)

sell the ground...the fuckinggrailers ))))
 
So what's everyone? Are the bears scattered?
 
Bounce back, and tomorrow with even more vigour.
 

The demise of Forex in America is imminent

The government regulator, the CFTC, has taken a hard look at the Forex currency market, the least regulated of all the financial markets. Several mandatory restrictive rules have been introduced, directly affecting brokers, players and their trading opportunities.

1. The biggest news is that trading leverage is limited to 50:1 for major currency pairs and to 20:1 for secondary currency pairs. Accordingly, the margin requirement now starts from 2%. Even with this limitation, it does not seem too much - on the futures the pledges go up to 15%. Although for people who are used to trading with space leverage up to 500:1, this CFTC decision will undoubtedly be a disaster.

2. technical changes. The FIFO Rule and the No Hedging Rule come into effect. "FIFO" - "first in, first out" - open lots will be closed in the order they arrive in the account. The only difference is in reporting, because the amount in the account (alas) does not change due to the rearrangement of the sums. "No Hedging" - you cannot hold opposite positions for the same instrument on the account. Those who have a long position will not be able to hedge by opening a symmetric short - the position will simply close. 3.

3 Another important piece of news - Forex brokers serving clients in the US will be obliged to report on the number of new accounts, and to publish the percentage of winning and losing clients. "Word of mouth" has been saying that 95% of clients lose on forex. Information that has become available shows that the figure is inflated - on average about 75% of accounts are at a loss. More details in the table below are most of the US currency brokers who have already had time to prepare reports.

Picture

A trend that has been well evident since the beginning of the year is the decline in the number of Forex client accounts. Over the past year, following the nationwide popularization and "boom" in the foreign exchange market, the number of active accounts at brokers in the US has dropped by 8%. I assume the rest of the world is experiencing similar trends.

Picture .

Against this background I would like to remind you that CME has recently introduced "e-micro" futures for major currencies, some of which are already wide-spread and actively traded. What we have here is a redistribution of the market and "poaching" of clients, and the exchange trade is clearly winning.

It turns out that the conditions in the futures market are comparable to Forex, and with transparency, protection of accounts and regulation the situation is several times better. Let me remind you of the basic (and decisive!) difference between futures brokers and forex brokers - it is profitable for brokers to make conditions worse for clients in forex (wider spreads - more profit), and to improve them in futures (more active trading - higher commissions).

http://www.fortrader.ru/articles_forex/gibel-forex-v-amerike.html

 

he's always been semi-illegal in the states... but it's not good news... we might not get the whole thing coming to us...

 
Noterday:
Bounce back, and tomorrow with even more vigour.
I'm sorry, with more force where?
 
Vizard:

he's always been semi-illegal in the states... but it's not good news... we might not get the whole thing coming to us...

What exactly is it that scares you?
 
voinG:
So what's everyone? Are the bears scattered?

Approaching the target 1.3950))) soon will be drawn wave 1-2, what do you think?