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  • #11,221
  • Mar 22, 2013 6:14am Mar 22, 2013 6:14am
Cyprus: govt spokesman says next few hours will determine the future of the country

LOL....no kidding Einstein??
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,222
  • Mar 22, 2013 6:24am Mar 22, 2013 6:24am
Quoting realjumper
Cyprus: govt spokesman says next few hours will determine the future of the country

LOL....no kidding Einstein??
Is there a future after all this mess?
  • #11,223
  • Mar 22, 2013 6:25am Mar 22, 2013 6:25am
Quoting Cold_W
Is there a future after all this mess?
Certainly not a bright one for the foreseeable future I would have thought.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,224
  • Mar 22, 2013 6:29am Mar 22, 2013 6:29am
On the back of the misery of Cyprus, I have had a very good day today. Still have a couple of open trades but they're both in profit. I should have posted some live trades today but I've been jumping all over the place so I didn't think about it. Perhaps next week I can do that.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,225
  • Mar 22, 2013 6:34am Mar 22, 2013 6:34am
Quoting realjumper
The European Union gave Cyprus till Monday........ Will the last person out of Cyprus turn off the lights please?
Thanks RJ. That's history unfolding in front of our eyes.

By the way, is anyone's broker registered in Cyprus...?
mind over matter
  • #11,226
  • Mar 22, 2013 6:34am Mar 22, 2013 6:34am
Hi RJ

Can you show your today's entries, please?

Kosmo, i have account in FxPro and thinking to withdraw my money.
  • #11,227
  • Mar 22, 2013 6:38am Mar 22, 2013 6:38am
Quoting kosmo
Thanks RJ. That's history unfolding in front of our eyes.

By the way, is anyone's broker registered in Cyprus...?
Mine is in Cyprus but last week they sent message claiming that they do not have any accounts in Cyprian banks.
  • #11,228
  • Mar 22, 2013 6:43am Mar 22, 2013 6:43am
Quoting iwan73
Hi RJ

Can you show your today's entries, please?

Kosmo, i have account in FxPro and thinking to withdraw my money.
I can show you these 2......the others were no really true to the system so I won't post those. These 2 trades I just close a short while ago because EJ is struggling under the DP....and GJ is correlated.

Sorry...wrong chart was uploaded before.....corrected now
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GJ.jpg Size: 212 KB
Click to Enlarge Name: ej.jpg Size: 218 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,229
  • Mar 22, 2013 6:43am Mar 22, 2013 6:43am
Quoting iwan73
Hi RJ

Can you show your today's entries, please?

Kosmo, i have account in FxPro and thinking to withdraw my money.
Im not thinking of withdrawing mine from there yet they dont keep client funds in with their own they are in segregated accounts which they have to be to comply with EU licensing laws, they are held with Barclays UK and Credit Suisse Monaco. Not sure who I would go with if not fxpro. I have an account also with IBFX in the US but only a small one I havent found another broker who is properly regulated without large fees for withdrawals etc.
  • #11,230
  • Mar 22, 2013 6:45am Mar 22, 2013 6:45am
Quoting iwan73

Kosmo, i have account in FxPro and thinking to withdraw my money.
Have you got any message from them like Cold_W did? As far as I can see they are FSA and ASIC regulated too, so hopefully it's not a lost case.
mind over matter
  • #11,231
  • Mar 22, 2013 6:45am Mar 22, 2013 6:45am
Quoting realjumper
Certainly not a bright one for the foreseeable future I would have thought.
Actually that is the threat EU politicians are afraid of.

After the initial pain and anguish (say 2 years - look back at how Iceland recovered from bankruptcy), Cyprus would thrive.

So would Greece and Italy and Spain outside the straight-jacket of the Euro
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,232
  • Mar 22, 2013 6:48am Mar 22, 2013 6:48am
Quoting kosmo
Have you got any message from them like Cold_W did? As far as I can see they are FSA and ASIC regulated too, so hopefully it's not a lost case.
I got the same email.

As far as I understand, their Corporate HO is registered in Cyprus (for tax reasons), but clients money is not in Cyprus.

Mind you I have a minimal account balance with them, just to run a live version of Metatrader, my main trading account is with IG
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #11,233
  • Mar 22, 2013 6:49am Mar 22, 2013 6:49am
Quoting Martyfish
Actually that is the threat EU politicians are afraid of.

After the initial pain and anguish (say 2 years - look back at how Iceland recovered from bankruptcy), Cyprus would thrive.

So would Greece and Italy and Spain outside the straight-jacket of the Euro
Yeah.....I can remember my Dad telling me 20 years ago that the Common Market (as it was called then) would crash and burn eventually......perhaps Cyprus will be the match?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,234
  • Mar 22, 2013 6:56am Mar 22, 2013 6:56am
Quoting realjumper
I can show you these 2......the others were no really true to the system so I won't post those. These 2 trades I just close a short while ago because EJ is struggling under the DP....and GJ is correlated.

Sorry...wrong chart was uploaded before.....corrected now
Delicious trades, RJ! Mine went according to the plan too

P.S. Sorry, I should have asked your permission first before posting my scalps as I'm not really posting the charts...
Attached Image (click to enlarge)
Click to Enlarge Name: s22.jpg Size: 35 KB
mind over matter
  • #11,235
  • Mar 22, 2013 6:59am Mar 22, 2013 6:59am
Quoting kosmo
Delicious trades, RJ! Mine went according to the plan too

P.S. Sorry, I should have asked your permission first before posting my scalps as I'm not really posting the charts...

I might have exited a bit early, but I decided to take the money and run in todays market as the NY open looms.

Well done Jo. It's fine posting as you do.....people can plot your trads on their own charts if they want to
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,236
  • Mar 22, 2013 6:59am Mar 22, 2013 6:59am
great trading day, great system.thanks to all of you that keeps contributing here.
  • #11,237
  • Mar 22, 2013 7:08am Mar 22, 2013 7:08am
Quoting realjumper
I might have exited a bit early, but I decided to take the money and run in todays market as the NY open looms.

Well done Jo. It's fine posting as you do.....people can plot your trads on their own charts if they want to
Thank you, much appreciated RJ
mind over matter
  • #11,238
  • Mar 22, 2013 7:09am Mar 22, 2013 7:09am
From the good folks at ForexLive

Cyprus: Barroso says bank capital controls are essential

for those of you unware of what this might involve and what they’ve drafted up it includes

* No closure of time-deposit accounts
* Limits on cash withdrawals and credit card use
* Restrictions on bank transfers
* Greater powers to the central bank

It’s not going to be pretty
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,239
  • Mar 22, 2013 7:14am Mar 22, 2013 7:14am
Quoting Adeleke
great trading day, great system.thanks to all of you that keeps contributing here.
You're welcome, and thanks
Doing what you like is Freedom. Liking what you do is Happiness.
  • #11,240
  • Mar 22, 2013 7:20am Mar 22, 2013 7:20am
Quoting kosmo
Thank you, much appreciated RJ

No problem.

Just looking at my 2 latest exits, it might have been a good move to exit early as the PA just isn't going to make it to the DP....not yet anyway. Sometimes that 'gut feeling' is correct!!
Doing what you like is Freedom. Liking what you do is Happiness.
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