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Free money coming soon....... Print
Written by Site admin   
Tuesday, 10 December 2019 19:00

Free money

Coming soon to the

Western World...

Dear Trader and Clickevents reader

We've heard (and never believed) all that Central Bank promotional clap trap about QE & government bond buying. How it had to be done to avoid a banking system collapse and that it could be reversed just as soon as economic conditions normalise.

Japan set the QE mould, decades ago now, following their real estate and stock market bust in 1991. The US sub-prime and CDS fiasco triggered the 2007 banking bust which was neatly exported to European banks. Bailouts and QE became inevitable.

Normalisation.

It'll never happen.

Read more...
 
100% Discount - The Elliott Wave Principle Print
Written by Site admin   
Sunday, 08 December 2019 09:17

100% Discount

'The Elliott Wave

 Principle'

Dear Trader and Clickevents reader

Back in the late 1970's, Robert Prechter and A J Frost wrote their defining book, The Elliott Wave Principle.

Every aspiring Elliott technician should have copy to hand, and Robert has now made it available to you, at Zero cost, via the link below the article, read on for more...

Read more...
 
False break reversal Print
Written by Site admin   
Tuesday, 19 November 2019 20:57

Could this be an Extreme Reversal?

 

The EURGBP has been on of the best currency pairs to trade since the referendum. And it looks ready to kick off again....

False Break Reversal

The FBR is one of the great reversal patterns. They show up time and again but can catch us out because we've been conditioned to stay with the dominant trend.

Read more...
 
Inflation - we MUST achieve it Print
Written by Site admin   
Monday, 04 November 2019 12:44

 

Read more...
 
Silver breaks out Print
Written by Site admin   
Friday, 25 October 2019 09:05

 

Silver makes it's move.

It's been a while waiting for this month long consolidation to mature.

Silverfri25thoct19

All the Universal Trader indicators are pointing in the same direction and price action is following the rules for this to run into a major fifth wave.

 

 

 
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From the blog

ESMA 1st August!!!!!!

At long last ESMA has set the day.

From 1st August 2018, retail traders will have to pony up more margin. Gone are the days when brokers were falling over themselves to give the 'Best', lowest, margin rates that allowed almost anyone to control a big slice of the pie with a miniscule account.

I rember the story of the guy who opened an account on a Thursday with £8,000. By close of play on Friday night, he had run it up to £100,000 plus, on the Dow. Margins were crazy low and he was able to use the open trade profit as more margin! By close of play Monday the day put in a modest correction. Result, he was wiped and owed the broker money which they enforced. A great introduction to spread betting.

All that is no longer possible, illegal within ESMA. The new regs take us back and beyond how it was when I started trading Forex, 50:1 margin was the maximum anyone offered, in line with US regulations. Now Forex is 30:1.

This is the gist:

For major FX pairs, leverage is adjusted to 30:1 (3.33%).

Suppose GBPUSD is trading at 1.3200, £1 per pip will be 13200 * 3.33% * 1 = £ 440. At £10 per pip it's £4,440

For indicies, leverage will be adjusted to 20:1 (5%).

Suppose WS30 is trading at 24000, £1 per pip will be 24000 * 5% * 1 = £ 1200. At £10 per pip you will need a minimum of £12,000.

Unrealised gains can no longer be used as margin and the broker has to close out your position if the market runs against you and your margin funds drop by 50%.

One of the spread betting companies admit that the old system encouraged over trading (punters lost money has corrections took them out and so spraed bet companies made huge profits). They now admit that clients who trade well within their account size are more succesful.

So what to do now??

Under trade under trade!

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