Trading Rules
This trading application is different so the player needs to understand exactly how it works.
Generic Rules:
- INDICATIVE TARGET PRICES: All target levels seen on screen are only indicative due to internet latency.
- INDICATIVE ‘CASH OUT’ OFFER: We offer a Close Out function almost to the final seconds to expiry. We show an indicative bid to the player who wants to Close Out their trade in order to take their profits or cut their losses. Yet again internet latency shows the Close Out amount to be at that split second in time; the player could get a lower or higher Close Out than was expected.
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PRICE CHART RENDERING: Price charts take time to render or build in a manner that can be presented on your screen.
This means there is a slight delay. Below, from the 'Trading' page, top right, you will see a 'Current Price' (1988.020) of Gold.
This is the fastest up-to-date price. The price (11988.090) in the red block sliding up and down the price scale is slightly delayed.
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TARGET PRICE/ASSET PRICE SPREAD: Over time you will see the target levels move towards the FX price.
This is because we are a sporting lot who want to treat our clients fairly! For example, take a look at the HighLine below.
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COLOUR FORMATTING: On the Tunnel chart the red is the 'no go' area and is where the trade will lose.
The HighLine chart above shows a blue shading where the trade will win.
This colour format is common to all strategies.
The colour of the lines of the target levels is also relevant. In the Tunnel one can see the boundary lines are coloured green. This means it is OK for the FX price to stray into the red areas and that the position of the FX price at the 'Finish Line' is what counts. Below, the Double No-Touch has red lines (not green) to indicate that the FX price must not even touch one of these lines to avoid the trader being KO'd.