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- wookey replied Nov 23, 2016
Hi gurus, Very good thread thank you. I am studing harmonic patterns and have a question regarding Gartley and some other patterns. The rules are interpreted differently by different observers. My main concern is retracement ratios. For example the ...
- wookey replied Mar 25, 2015
Magix, I was thinking of doing something similar, however, I do not understand how you can work with the desktop version of MT4 on the phone screen without mouse? I found it almost impossible even on 10 inch tablet.
- wookey replied Mar 25, 2015
First, MetaQuotes is damn slow with the updates. MT4 is 10 year old already. And MT5 is still not working adequately to be adopted by majority of brokers. And frankly MT5 for me is already very outdated comparing with competitors. Second, ...
- wookey replied Feb 20, 2015
There is no difference with the negative balances. They do have your bank info, but of course they cannot charge it unless you have a direct debit set up. And you can refuse to pay as with any other debt. Collectors from phone, utility, credit ...
- wookey replied Feb 20, 2015
Well, I never told you that you could not dispute the debt. Quite the opposite I always say that if you do not do anything the debt will be undisputed. What is dispute in your opinion? Writing e-mails or forum posts? There is a certain legal ...
- wookey replied Feb 19, 2015
You still insist that KPMG is going to sue you. Either you are one of the 9 or you did not read what I wrote. If you are one of the 9 then stop reading, yours is not a basket case. If you are not then neither KPMG nor Alpari is going to sue you. ...
- wookey replied Feb 19, 2015
I cannot give legal advices, only my opinion. And my opinion is that only your own assets can be seized. If the house is not yours it is safe. Some lawyers can point out a theoretical possibility of connecting you and the house, if for instance you ...
- wookey replied Feb 18, 2015
Why do you think KPMG will not get creditor approval? After all it is in the interest of all creditors to recover as much money as possible. Here we are talking about $1m+ debts. Certainly a good reason for action. As I wrote in my previous post you ...
- wookey replied Feb 18, 2015
I was talking about insolvency and EEO. Whether is contested or not depends on debtor. You owe the money by the contract and you owe it to Alpari. KPMG is acting on behalf of the creditors you do not owe anything to KPMG. This debt does not require ...
- wookey replied Feb 17, 2015
EEO and the Brussels Convention cannot be used in insolvency process. But it does not apply to this case. If you were a creditor of Alpari you would not be able to use them to extract your money. You would have to do it in normal insolvency process. ...
- wookey replied Feb 17, 2015
Alpari RU and UK are completely different companies. The are not connected except having the same shareholders and sharing the same name. There is no way anyone can legally refer their claim against Alpari UK to Alpari RU. Alpari RU is unregulated, ...
- wookey replied Feb 14, 2015
Mevo, I wrote that post because there are people here who like you think that while what liquidity providers did was probably legal, but it was immoral. And my point was that putting fully leveraged trades with margin call being just few pips below ...
- wookey replied Feb 14, 2015
Mevo, your concerns are valid of course, but do not think that they were not explored before in courts and by regulators. With 1:500 leverage even 100 pip gap can do a lot of damage to account. It happened before. It is why all regulated brokers ...
- wookey replied Feb 13, 2015
Great post Mevo, thank you for it. Finally someone understands what I am saying. To be clear, I am not an advocate of brokers I am trader like most of the people here. However, I have vast experience and I remember the times when gaps 100-200 pips ...
- wookey replied Feb 13, 2015
Bankruptcy is protection from creditors. At the moment Alpari is protected from any of your claims by the court decision. So you can push KPMG or FCA as much as you can it will not help. Until KPMG is finished calculating claims and assets or the ...
- wookey replied Feb 13, 2015
What you think brokers have to do and what they really legally obliged to do are obviously 2 different things. The SEC definition is just what it is a definition. There is a special note for you at the bottom that it is neither a legal ...
- wookey replied Feb 13, 2015
I have never told anyone to shut up and pay, I am just saying that doing nothing is a sure foot receipt for trouble. I do not know any lawyer who would simply said to relax and do nothing when you are clearly obliged to pay by the contract. If you ...
- wookey replied Feb 13, 2015
At the moment, by the contract between you and Alpari you owe to Alpari. In the process of unwinding by KPMG your debt will be confirmed by the UK court and sold. Of course, KPMG very unlikely to sue you themselves, unless probably you are one of ...
- wookey replied Feb 13, 2015
It cannot be used for you to sue Alpari, because Alpari is insolvent. But you are not. So KPMG can use EEO to enforce against you.
- wookey replied Feb 13, 2015
So what is your legal standing? Are you saying that KPMG cannot enforce your debt in Germany if it is confirmed by the UK court? Or you think that KPMG will not bother to enforce it? Or you think you can successfully challenge the enforcement order ...