EURUSD only

the crooks are constantly in the background, do not fall in their traps, dollar is short and the euro Long until further notice.
They make head and shoulders upside down to catch you.
dollar index 4h , 15m
eur/usd h1

Omg so hard to break that, cautin

hey guys,from 1st. august on eur/usd/gbp... pairs will be allowed only 1:30 leverage by new european rules,i got this on mail now,does anybody know is that true???




Important Notification – Forthcoming Restrictive Measures of ESMA on CFDs
Dear Valued Client,

The European Securities and Markets Authority (ESMA), which is the European Supervisory Authority, has formally adopted new restrictive measures on the provision of Contracts for Differences (CFDs) that must comply with by all investment firms established and regulated in the European Union and offer CFDs to retail clients, including Trading Point of Financial Instruments Ltd (XM CY).

In light of the upcoming developments above, please ensure that for any open positions on or after 1st August 2018, your accounts are sufficiently funded in advance to avoid any disturbances from possible stop-outs of your open positions due to the increased margin requirements and the higher stop-out level at 50% of the minimum required margin.

The new restrictive measures imposed by ESMA that will apply from 1st August 2018 and will affect your trading conditions with XM CY (except measure no. 3) are summarised below:
New margin (leverage) requirements

The following margins (leverage levels) will be required for all trading positions (i.e. for opening new trading positions and maintaining existing trading positions):

CFDs on the following financial instruments New margin rates (leverage levels) from 1st August 2018
Major FX– Currency pairs composed of any two (2) of the following:
USD, EUR, JPY, GBP, CAD and CHF 3.33% (30:1 leverage)
Other FX – All other currency pairs 5% (20:1 leverage)
Gold 5% (20:1 leverage)
Major indices - EU50, FRA40, GER30, JP225, UK100, US100, US30, US500, EU50Cash, AUS200Cash, FRA49Cash, GER30Cash, JP225Cash, UK100Cash, UK100Cash, US100Cash, US30Cash and US500Cash 5% (20:1 leverage)
Minor indices – All other indices - (CHI50, SING, SWI20, USDX, CHI50Cash, GRE20Cash, HK50Cash, IT40Cash, NETH25Cash, POL20Cash, SINGCash, SPAIN35Cash and SWI20Cash) 10% (10:1 leverage)
Commodities (other than gold) 10% (10:1 leverage)
Shares and other reference values 20% (5:1 leverage)
Cryptocurrencies 50% (2:1 leverage)
Margin close-out rule on a per account basis

The margin close-out rule on a per account basis requires that XM CY automatically closes (i.e. initiates the stop-out mechanism) to one or more of retail client’s open positions when the minimum total required margin for all these positions in any individual trading account falls below 50% (currently at 20%).

Negative balance protection on a per account basis

ESMA requires that a negative balance protection on a per account basis is offered to retail clients. XM CY has always offered negative balance protection to all its clients.

Prohibition of all trading benefits

In order to comply with the prohibition of all trading benefits of ESMA, which include loyalty points, please consider that any unredeemed XM points will be permanently removed from your trading account(s) on 16th July 2018 and any trading activity from 16th July 2018 onwards will not entitle you to any XM points. This means that any remaining XM points earned in your account(s) will be available to redeem until 15th July 2018.


Should you have any queries regarding the details described above, please do not hesitate to contact our Customer Support Department at [email protected].

Look familiar anyone? 2016 vs 2018.

Yeah, basically the answer is "Yes".. why would your broker lie about it? These are new ESMA policies nothing else..
https://www.esma.europa.eu/press-new...tail-investors

No need to discuss this further or make it an "Oh my God!" topic.. We continue sharing charts and ideas around EURUSD please.. thanks..

Stay Green

What do you think eu right now..bounce at 43 or break 43??

Probably just the beginning if we are heading for a global debt crisis.
1:30 is sufficient for my trading, however I don't want it to go much lower.

[quote=pridolfx;11226172]hey guys,from 1st. august on eur/usd/gbp... pairs will be allowed only 1:30 leverage by new european rules,i got this on mail now,does anybody know is that true??? Important Notification – Forthcoming Restrictive Measures of ESMA on CFDs Dear Valued Client, The European Securities and Markets Authority (ESMA),

See here new ESMA rules
https://www.forexfactory.com/showthread.php?t=750612

Waiting patiently with 2 wined skalp trades

Perfect pivot

1.16417 touched my weekly pivot and immediate market reaction to the upside. I see lots of long candle wicks on the hourly timeframe. This level is surely being defended.

Trade safe

Cheers

looks like no big moves ahead of Thursday / Friday

Trading on the Dollar Index was discontinued, probably because of July 4th

edit : breakout

Hi MXT,

From my experience wednesday pushes always the biggest in terms of immediate weekly pushes. Thursday spells reversals or retraces. Nothing cast in stone and we all stick to our own mantras. I do go with you being in the first week of the new month. Anyway Nfp on friday which has not shown much in recent years. I am not even scared of NFP anymore. Usually spike to daily resistance/support and pullback to daily pivot after the intitial spike. I have made much with this approach.

All the best

1:30 for me not acceptable at all,i use min. 1:500 for my sharp full load scalps.,anyway its only for 3 months temporary decision,than back on old level

hi Wavegarrick , yep you're quite right there

as you say , nothing cast in stone , but some moves do tend to occur on certain days of the week

this week in particular we got tomorrow Wednesday 4th of July ( which should be a quite day but with hidden surprises ) , followed by FOMC minutes on Thursday and NFP on Friday : we could easily ride from doldrums to tempest

I read they Will re-evaluate, doesn't Mean reverse imo. Maybe even stricter rules? Let's hope not!

Current price of EU is 1.1659

Sell now.

Tp 1.16375
Sl 1.16715

No chart needed as this is tick chart trading.

Current price of EU is 1.1659

Sell now.

Tp 1.16375
Sl 1.16715

No chart needed as this is tick chart trading.


Some 6 hours ago it was less than 1 pip from tp and made this slow reversal to the upside. We have now shorted and expecting an exact touch of tp before the sl is breched.