EUR/CHF - bigger investment or not?

[mahg]

How the hell do you do the opposite? if say for instance rumor has it that pharmacy A is gonna sky rocket. What do you buy to do the opposite??

In forex trading you can either buy or sell a pair. It's not like a stock. But I understand u can do that in the stock market also with options or puts or whatever its called. But thats not my field of expertise.

[smoothasf]

Too confusing for me no wonder I'm not a millionaire

[225for70]

Morgan Business Trial Group Files Class Action Lawsuit Against Nation's Largest Forex Dealer -- FXCM
Federal Court Claim Alleges Fraud and Racketeering by Forex Capital Markets, LLC
ORLANDO, Fla., Feb. 10, 2011 (GLOBE NEWSWIRE) -- The Business Trial Group of Morgan & Morgan, P.A. filed a class action lawsuit today against Forex Capital Markets, LLC (FXCM) (NYSE:FXCM) alleging fraud and racketeering by the nation's largest Forex dealer.

The lawsuit, filed in the United States District Court for the Southern District of New York (Manhattan Division), alleges that FXCM has bilked thousands of customers out of hundreds of millions of dollars using deceptive and unfair trade practices, including falsely portraying its Forex trading platform as a fair, transparent and true foreign currency exchange, when instead it is a "rigged game" designed to systematically separate customers from their money.

The Plaintiff, William H. Sanders, of Muscogee, Oklahoma, brought the action on behalf of himself and all other similarly situated FXCM customers, accusing FXCM of fraud by misrepresenting itself as a trading platform that is free from dealer intervention or manipulation. Instead, Sanders alleges, FXCM uses a number of devices and tricks, including software applications, designed specifically to interfere with customers' trades.

The Complaint further alleges that FXCM engaged in a pattern of racketeering activity by collaborating with its software developers and programmers to develop a "diabolical" software application that provides FXCM with a myriad of tools and system commands with which to interfere with customers' trades, including routing trades to "slow" servers and sending false "error" messages when customers attempt to close out profitable trades.

Finally, Sanders alleges in the Complaint that FXCM lured thousands of customers to its trading platform by promoting a "demo account" which was touted as providing customers with a true market trading experience. Instead, he claims, once "live" trading commences, FXCM deploys specially designed software to manipulate customers' trades.

Lead Trial Counsel Tucker H. Byrd, of the Morgan & Morgan Business Trial Group of Orlando, Florida, stated, "We are proud to be representing Mr. Sanders in this action, which we believe will be an important step in bolstering accountability in an industry that has been largely unregulated since inception. We believe, as the Complaint alleges, that Forex Capital Markets, LLC has taken advantage of the trust placed in it by its customers, causing substantial financial harm to this group of people, and we are committed to working to recover those losses."

FXCM is the nation's largest Forex Dealer Merchant. The company recently went public and trades on the New York Stock Exchange.

[mahg]

From now on please refer to me as "Quadruple M".

Thanks in advance.

It stands for Main Man Master MahG

[The Showstoppa]

From now on please refer to me as "Quadruple M".

Many Men Molested Mahg ?

[pluck]

I was hoping mahg would post pics of his Hummer and Hot black wife

hahahahhahahahaha

[mahg]

Live rates at 2011.02.15 01:54:00 UTC       
1.00 EUR    =    1.30902 CHF

2 days since your first post and the EUR/CHF is down about 100 pips since then. Had you taken a standard 10 lot SHORT (as Quadruple M suggested) you'd have earned $10,000. The moment the experts say its going up and has broken the "resistance", thats when it goes DOWN.

This is your first lesson in forex trading young grasshopper.  News = confews.

Do the opposite.

Sincerely,
Quadruple M

[225for70]

Live rates at 2011.02.15 01:54:00 UTC       
1.00 EUR    =    1.30902 CHF

2 days since your first post and the EUR/CHF is down about 100 pips since then. Had you taken a standard 10 lot SHORT (as Quadruple M suggested) you'd have earned $10,000. The moment the experts say its going up and has broken the "resistance", thats when it goes DOWN.

This is your first lesson in forex trading young grasshopper.  News = confews.

Do the opposite.

Sincerely,
Quadruple M

Affeman is in europe...He's using 200 to 1 margin, and was wiped out a few hours ago.

Hopefully he's not hanging himself now.

[mahg]

Affeman is in europe...He's using 200 to 1 margin, and was wiped out a few hours ago.

Hopefully he's not hanging himself now.

At 200:1 you're wiped out no matter what unless you get real lucky and prices jack up in your direction immediately. The backup plan should be intelligent use of the Martingale system. The market moves cyclically so sooner or later you have to win. It's not like the casino where you end up losing using Martingale. Plus u mitigate any horror trade by diversifying into several trades, and closing and taking your profits the moment the MAJOR movement in your direction takes place and has wiped out more than half the trades and the aggregate position is now even or on your side, cuz thats when u know the market came back and now is back to jockeying for positions again. Of course u need the tools to see what the market is doing, not that hard to get that data though.

Anyway had he listened to u he'd have lost $10,000. Quadruple M is the master, you're just some shit I mean sheephead.  

[225for70]

At 200:1 you're wiped out no matter what unless you get real lucky and prices jack up in your direction immediately. The backup plan should be intelligent use of the Martingale system. The market moves cyclically so sooner or later you have to win. It's not like the casino where you end up losing using Martingale. Plus u mitigate any horror trade by diversifying into several trades, and closing and taking your profits the moment the MAJOR movement in your direction takes place and has wiped out more than half the trades and the aggregate position is now even or on your side, cuz thats when u know the market came back and now is back to jockeying for positions again. Of course u need the tools to see what the market is doing, not that hard to get that data though.

Anyway had he listened to u he'd have lost $10,000. Quadruple M is the master, you're just some shit I mean sheephead.  

I didn't say he should use 200 to 1 margin...I would never recommend anyone use that type of margin, unless they had lots of experience trading..The broker(duskascopy) he using doesn't offer that kind of margin anyway..It appears that they only offer 100 to 1..And 30 to 1 on the weekends...

[affeman]

Affeman is in europe...He's using 200 to 1 margin, and was wiped out a few hours ago.

Hopefully he's not hanging himself now.

Nah dude, haven't taken a position luckily.

But pretty interesting stuff, what gh15 is for hormones "mahg" is in the Forex department. I'll keep following...short with a 200 leverage from yesterday and you'd have made a nice lump of gold.

[225for70]

Nah dude, haven't taken a position luckily.

But pretty interesting stuff, what gh15 is for hormones "mahg" is in the Forex department. I'll keep following...short with a 200 leverage from yesterday and you'd have made a nice lump of gold.

Mahg doesn't know shit about forex...He basically makes a Carry trade so complex by using words like Arbitrage etc..