BullBear52x wrote: is this the one? Bubble not Crisis
that's the one dang I hate bubbles
elsewhere: I wish I knew what your new grail is u kno I luv grail
Just kidding on the grail, it's dip spot so I use TSI (true strength index) to monitor my entry, it only help if you already know what will be your next action and it will, as you see my entry, give you a head start, isn't that all that we need, a head start? stop me out it's later part to worry
default TSI 25,13,7
My comments are for entertainment/educational purpose only. NOT a trade advice.
uempel wrote:Al_Dente, I went thru the numbers this morning: let's say someone put 1.5% of his capital in a short CHF versus USD and 1.5% in a short CHF versus EUR he would have been wiped out - I'm assuming a FX leverage of 1:100 and that 97% of his capital was safe and used as margin. And by the way, I know a guy who was long USD versus CHF until a week ago ...
Al_Dente wrote:“At Least Two FX Brokers Got Seriously Hit By The Swiss Franc's Shock Move.
Brokerage FXCM said that it may now be in breach of capital requirements, after the massive appreciation of the Swiss Franc. Excel Markets said many of their clients had lost more than their account equity with the broker, according to the Financial Times.”
Our banks are trying to bounce off double bottoms, BUT OUR US BROKER DEALERS (bottom panel) may have a similar FX problem to report [?]
BullBear52x wrote: ...it only help if you already know what will be your next action and it will, as you see my entry, give you a head start, isn't that all that we need, a head start? stop me out it's later part to worry ...
uempel wrote:Al_Dente, I went thru the numbers this morning: let's say someone put 1.5% of his capital in a short CHF versus USD and 1.5% in a short CHF versus EUR he would have been wiped out - I'm assuming a FX leverage of 1:100 and that 97% of his capital was safe and used as margin. And by the way, I know a guy who was long USD versus CHF until a week ago ...
Al_Dente wrote:“At Least Two FX Brokers Got Seriously Hit By The Swiss Franc's Shock Move.
Brokerage FXCM said that it may now be in breach of capital requirements, after the massive appreciation of the Swiss Franc. Excel Markets said many of their clients had lost more than their account equity with the broker, according to the Financial Times.”
Our banks are trying to bounce off double bottoms, BUT OUR US BROKER DEALERS (bottom panel) may have a similar FX problem to report [?]
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Typically currencies don't move so much. I mean, for perspective, keep in mind that the CHF fall was the HIGHEST EVER since 1971 Bretton Woods...i.e. a free (-ish) currency market.