FP Markets aka the glorified bucket shop from Australia. They even hire people to spam forums
Re: Trading Pullbacks System
282I noticed because of new ASIC regulation margin AUS brokers will be restricted from March 29th;
Major forex pairs – 3.33% (1:30)
Minor forex pairs, gold and major indices – 5% (1:20)
Commodities (other than gold) and minor indices – 10% (1:10)
Shares or other assets – 20% (1:5)
Cryptocurrencies – 50% (1:2)
Re: Trading Pullbacks System
283Yes, I'm well aware of that. As far as I'm concerned it won't prevent me from trading. Of course they got to follow the pressure of the EU. Their lame excuse " for the protection of the retail traders". Yeah sure, by pushing them into offshore accounts.Meyney wrote: Sat Mar 20, 2021 8:57 pm I noticed because of new ASIC regulation margin will be restricted from March 29th;
Major forex pairs – 3.33% (1:30)
Minor forex pairs, gold and major indices – 5% (1:20)
Commodities (other than gold) and minor indices – 10% (1:10)
Shares or other assets – 20% (1:5)
Cryptocurrencies – 50% (1:2)
Re: Trading Pullbacks System
284Same here, (also AUS broker) so I have to focus more on daytrading (or add 500K to the account). They are making it difficult for retail traders.RplusT wrote: Sat Mar 20, 2021 9:05 pm Yes, I'm well aware of that. As far as I'm concerned it won't prevent me from trading. Of course they got to follow the pressure of the EU. Their lame excuse " for the protection of the retail traders". Yeah sure, by pushing them into offshore accounts.
Re: Trading Pullbacks System
285Sure, for many retail traders insufficient funds is one of the major reasons for failure. I daytrade only, so I don't really need that much balance in my account. A 50 K is sufficient.....just in case something goes wrong.Meyney wrote: Sat Mar 20, 2021 9:13 pm Same here, (also AUS broker) so I have to focus more on daytrading (or add 500K to the account). They are making it difficult for retail traders.
Re: Trading Pullbacks System
286$50k??
Official Forex-station GIF animator at your service 
See a GIF with Forex-station.com on it? I probably made it
The best divergence indicator in the world.
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See a GIF with Forex-station.com on it? I probably made it
The best divergence indicator in the world.
Real news exists: Infowars.com
Re: Trading Pullbacks System
287I realized the first chart I posted and updated (usdcad 1H) was replaced because of the new template that's nice and thanks Moey&Jimmy anyway let's finish this usdcad 1H with last update.
Re: Trading Pullbacks System
288Can someone tells me or share here about what is the best indicator to drawing these trendline.Meyney wrote: Sun Mar 21, 2021 4:07 am I realized the first chart I posted and updated (usdcad 1H) was replaced because of the new template that's nice and thanks Moey&Jimmy anyway let's finish this usdcad 1H with last update.
Sorry I still don't understand how to drawing manually. I'm noob.
Re: Trading Pullbacks System
289Not sure if there is an indicator here for trendlines, but I told before you can use an indicator or histogram to show oversold/overbought area's to help you. my advice is to study a bit how to draw them there is a lot of info on the www. Example added.Evita wrote: Sun Mar 21, 2021 9:45 am Can someone tells me or share here about what is the best indicator to drawing these trendline.
Sorry I still don't understand how to drawing manually. I'm noob.
Re: Trading Pullbacks System
290Thank You for your answerMeyney wrote: Sun Mar 21, 2021 8:02 pm Not sure if there is an indicator here for trendlines, but I told before you can use an indicator or histogram to show oversold/overbought area's to help you. my advice is to study a bit how to draw them there is a lot of info on the www. Example added.