Forex Cryptocurrency General Chit Chat Thread 2019

Mr. Wood

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QE:s12: QE:s12: QE:s12:
Mon Jul 22
11:00pm JPY BOJ Gov Kuroda Speaks at IMF

Wed Jul 24
3:15pm EUR French Flash Services PMI
3:30pm EUR German Flash Manufacturing PMI
EUR German Flash Services PMI

Thu Jul 25
11:05am AUD RBA Gov Lowe Due to deliver a speech titled "Inflation Targeting and Economic Welfare" at the Anika Foundation Luncheon, in Sydney
7:45pm EUR Main Refinancing Rate
EUR Monetary Policy Statement
8:30pm EUR ECB Press Conference
USD Core Durable Goods Orders m/m

Fri Jul 26
8:30pm USD Advance GDP q/q
 

Hot_Dog

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Wa MAS change margin requirements for local fx brokerage, leverage from 50:1 to 20:1, starting 4 Oct 19, take note :D
 
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Hot_Dog

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You actually get margin call more easily if the leverage is lower. Damn stupid MAS

Don't like that say, they know what they are doing, in our local context, MAS is king leh, definitely know more than you or I. :s13:
 

Nif1990

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Wtf sia, why they dropping the leverage?
Anyone can recommend good foreign broker?

Was using Oanda for 7 years already :( can’t Believe I have to leave them becuse of MAS.
 

Hot_Dog

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Wtf sia, why they dropping the leverage?
Anyone can recommend good foreign broker?

Was using Oanda for 7 years already :( can’t Believe I have to leave them becuse of MAS.

Not all currency pairs offered by Oanda are at 50:1 anyways.
I've have 1 small account with Dukascopy, it seems they are outside ESMA regulation, (disclaimer) but do anything at your on risk hor :s13: especially if it involves wiring large sums of monies overseas.
Can try Aussie brokers also, not sure if ASIC will follow suit and implement leverage cap.
 

edwardZ

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:s13: leverage 20:1, might as well dont trade...50:1 is decent but you need to dump in larger equity if you want to go for bigger size lots

looks like alot will use offshore brokers liao :s22: ...500:1 leverage kind haha
 

Trader11

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Wtf sia, why they dropping the leverage?
Anyone can recommend good foreign broker?

Was using Oanda for 7 years already :( can’t Believe I have to leave them becuse of MAS.

I am looking at Pepperstone or blueberry market
 

Trader11

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:s13: leverage 20:1, might as well dont trade...50:1 is decent but you need to dump in larger equity if you want to go for bigger size lots

looks like alot will use offshore brokers liao :s22: ...500:1 leverage kind haha

MAS is driving business out.......
 
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