No idea, Alpari's gone, 2nd biggest I guess ?? maybe FXCM will be fine, maybe it'll be next ? impossible to say, I'm sure Jason Rogers will comment soon, when he does a FXCM search, but not like he'll be told the truth if they have issues. Typically, just as I start making good money, boom account gone and funds frozen for a few months LOL
I missed the FXCM US nearly went under, and got bailed out for 300Mil until 20mins ago. Doesn't buy out the FXCM UK maybe, but yeah, with IB Losing money aswell, there isn't anywhere which is safe, got to suck it and see. Likely run the account down to a size which covers margin on 1 position +50% , so $1500 area, stops me having STUPID days aswell and being gambley!!
Brains working, issue is male so forget the plan, gets all mixed up with previous plans. Its fairly easy, join momentum following the 10 rules, chop play the ranges. Momo is high volume event, loads of orders creates small, fluid movements to the price. Chop is the opposite, big jumps, not fluid, long pauses. Thats how i pick what to play, easy.
Nearly time to do battle with the evil banks, they shall not take my SL this week ( as much ) LOL Clear till Friday to focus on, not doing anything stupid or moronic or stupidlymoronic LOL Target >$1000 this week, lets ROCK!!
Markets still a bit crazy range wise, methods working but its hard to trust, lowering the lot size and increasing the SL might be required. Not feeling it, its sunny although cold, as US is shut think i will watch for awhile, then take the mtb into the hills, let the market settle.
Ahhhhhh ranges are huge cause I'm set to M5 cause i was looking at CHF pairs doh! Yes thats better, ranges working well, missed some good ranged plays. Add to check list, check m1 set lol