Next Monday - EUR/USD trading plan

Hi everybody, I would like to share something with you tonight. I'm representing traders club in my country and for tomorrow we have very simple strategy to earn money.
Open 2 trading accounts and deposit 120 USD on each. You should have lavaarae 1:1000 minimum. Within 60-30 seconds before market will close open one trade on each. On the firs make buy for 1 lot and on the second sell. You should know that on Monday market will open with the Gap of minimum 60-80 pips so one of this accounts will loose all money and on the second one you will make minimum 600 - 800 usd..., I'm personally made 3200 usd from 240 usd account on last Gap and lost 240 usd on. Second account) )))))
And don't forget to share profit on Good signals) ))

In wich direction?

Its a gamble now,no?

read the thread, it's only 1 post...

Nice thought sukiasoff, it might work well indeed, but you should know all rules for this broker regarding how they manage a negative balance on your losing account.

what about the negative balance on the losing account?
Since SNB we all know that it does matter
A lot of brokers will increase the margin requiements for euro pairs over the weekend

Think hes talking about a hedge... You can do this on IG index as they have a guaranty stop loss, so it will stop out at that price no matter what only prob is you cant do it on same instrument so one way would be to sell 1 lot EU and buy 2 lot Eur GBP

Probably im waiting for donw gap, anyway stoploss will not work because you should have a seperate account with minimal deposit, in general all brokers are don't provide you with negative balance, anyway you can mail in the support and then rule by their answer. (it will be a legal document for you)
if Greece question will executed positively we will get up gep but it will be closed very soon, if negative, it will be down gep but will close to... as this will influance on DAX index and it will go down, for today we have very interesting condition regarding this issue, if DAX in plus, EURUSD gos down, if DAX in Minus EURUSD will go up. so there is a very big chance that gep will close soon....

Looking foreward to how you've done on monday.

will print screen my profit, ))) las week i got, 1680 USD on Sell Account, and -120 on buy account, on monday it was with negative balance but my broker closed this account with 0

240 USD in total is not so big amount of money for risk to make a funny profit

Fyi ig set eu guarantee sl last Friday minimum 500pips. U need to have min 500 in your account for 1 mini trade. And provided the gapping is more den 500pips my friend if not you won't made

as big gep will be it is good for you. any way you will loose 120 usd on one direction, and if there will be 500 pips gep you will receive 5000 USD, (120 USD balance , lavarage 1:1000, open position 1Lot - 1pip - 10 USD,)))
so make money, !!!!!!!!!

Ha lol.. did they zz
I see they have also increased their margin on Indices to 2%

don't forget to share profit you made on signals ))))))))))))))))))))))))))))))))

most brokers already changed their leverage 50:1 till after the weekend

Which broker are you using?

XM

Trading-point

This from IC Markets

Important announcement to Traders

Dear Traders,

As most of you are already aware, there is a lot of uncertainty being built around a potential“Grexit” following Greece's missed loan repayment of 1.6 billion to the IMF. The markets have been shaky right from the start of this week and the situation is expected to become more volatile as a referendum is scheduled to be held on Sunday, 5th July 2015.

Liquidity is expected to be lower than usual during this time due to extremely high volatility and abnormal market conditions, especially the Euro and its major trading partners. This may have a significant impact when the market opens at 9:00 PM GMT on Sunday, July 5th ( 00:00 Platform time on Monday, July 6th). Therefore, be sure to closely monitor any open positions going in to the weekend to prevent any unwanted exposure to this event.

In order to protect against any uncertainty & to ensure uninterrupted Trading environment, we may take action and limit the trading in EUR pairs, this may include limiting EUR based pairs to "close-only" or reducing the leverage before market close this Friday, any changes will also apply to pre-existing positions. We request that you review your positions and ensure that you have sufficient margin to maintain them, taking into consideration the possibility of an increase in margin.

If you have any questions or require any assistance, please contact one of our support team members via Live Chat, email: [email protected], or phone +61 (0)2 8014 4280.

Kind regards,
IC Markets Trade Desk

HotForex

Dear Client,
On Sunday, the 5th of July, 2015 the Greek Bailout vote will take place. This is a major event which is expected to cause many adverse conditions in the market during the Monday Market Open, such as Price Gaps, Extreme Volatility, Low Liquidity and Widened Spreads.

HotForex is taking measures in order to safeguard clients’ exposure during such uncertain times.

In light of the above, please note that this Friday, the 3rd of July at 4:30 PM (GMT+3) all accounts will be set to “CLOSE-ONLY” mode. This means that clients will no longer be able to place new orders – either market or pending - on any of our available instruments. In addition, please note that pre-existing Pending Orders triggered after 4:30 PM GMT+3 will not be executed but will be cancelled instead.

Open Market orders placed before Friday, the 3rd of July 4:30 PM GMT+3 will not be affected and can be closed/adjusted as usual.

The “CLOSE-ONLY” mode will remain in force until standard market conditions are re-established on the Monday morning Market Open.

Furthermore, please be informed that further leverage adjustments of down to 1:50 may be appliedon an individually or on across-the-board basis if the market conditions prove necessary.

We strongly advise you to lower any unnecessary risk and keep your accounts well-funded in the event that you wish to keep any positions open over the upcoming weekend.

We appreciate your understanding and remain at you full disposal should you require any further clarification.
Best Regards,

The HotForex Support Team

Let's try to modify the basic rules for one deposit.
So we have 240 USD at one account.
At the end of Friday we open 2 EURUSD positions for sell and buy for 1 lot each.
Set SL=120 pips for each positions.
Is it equal to setup of the topic starter?

No stop loss will not work in Gep so only one way to warranty loosing 120 is to have separate accounts

you are taking brokers for fools ...with 120 dollars ...you will get 12 pips with 1 lot. Now spread may very well will widens during off market hours due to lack of liquidity more than that....which has very good probability of stopping you out on both account.

Also can be momentary whipsaw before gap happens ...which will stop you out in both direction.

Good luck with experiment anyway....nothing much to lose .